Birmingham to get cash injection
Birmingham City owner Carson Yeung is to use personal property as security in order to bring fresh income to the club.
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Why equity loans are hard to get
Many homeowners long to hear the magic words, “your home equity loan is approved.” But for most, this type of loan, which allows a homeowner to borrow against the equity in the home, is hard to get.
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Blues seek cash boost
Birmingham owner Carson Yeung will put up personal property assets in an effort to bring in new investment to keep the club solvent. A statement by Birmingham International Holdings to the Hong Kong Stock Exchange revealed the group had liabilities exceeding its assets by approximately £27million.
Read more on Derbyshire Times