Big transfers could disrupt record run

Big transfers could disrupt record run

Published Dec. 29, 2009 8:31 p.m. ET

Carson Yeung's ownership of Birmingham began in October with skepticism about his financial clout and a loss to Arsenal that left the team only above the Premier League relegation zone on goal difference.

Almost three months on, Yeung and his team of Chinese executives can't scarcely believe the extent of the club's rapid transformation, with Birmingham enjoying its best topflight run in 101 years.

A 1-0 victory over Stoke on Monday extended Birmingham's unbeaten streak since the Arsenal loss to 11 matches. That hoisted the central England club, which hasn't won a major title since the 1963 League Cup, to seventh in the standings, three points below the European places.

"We initially hoped to succeed by just remaining in the Premier League this season," vice chairman Peter Pannu told The Associated Press on Tuesday. "Now hopefully we will create history here by not being another yo-yo club. The down mood has disappeared and there is a completely rejuvenated environment.

"To suggest we don't have aspirations of Europe would be wrong, but we don't want to set targets too high so we keep our feet on the ground."

Yeung's takeover was a fraught affair, with an initial attempt to buy the club two years ago foundering over concerns about how the Hong Kong businessman would fund the deal. Manager Steve Bruce quit when Yeung refused to sanction the contract that the club had offered him and relegation ensued at the end of the season.

"After the club went back up (from the League Championship in May) the talk was whether the time was right for Carson to try and buy the club again," Pannu said. "This has proven to be wrong."

Since the 81.5-million pound (then $130-million) takeover, the spotlight has not been on Yeung, but the remarkable form of manager Alex McLeish's side.

Now there's room for even more improvement in the January transfer window, with McLeish having up to 40 million pounds at his disposal to strengthen the squad.

However, while the club is eyeing a new striker, there is also concerns about upsetting the harmony of the team, which has been unchanged for the last eight matches

"We have noticed that the good run and the position we are in has been very conducive to attracting players of the highest caliber who might have thought again if we were position No. 18," said Pannu, who is in charge of the finances and works with McLeish on transfers.

Schalke forward Kevin Kuranyi and Liverpool's Ryan Babel are believed to be high on the target list. Another priority would be signing up goalkeeper Joe Hart, who has kept eight clean sheets this season during his loan from Manchester City.

"Rather than disrupting the whole thing by bringing in many players, it's wise not to interrupt the current players," Pannu said. "We don't want to demoralize the current players having a great run. Having said that, we will wisely support the current team and there is general agreement that to support (Cameron) Jerome and Chucho (Christian Benitez) we need a good striker."

A downside to Birmingham's rejuvenation is that rival clubs believe Yeung will spend with abandon. Schalke has apparently been upping Kuranyi's price tag in line with Birmingham's soaring fortunes, jeopardizing a deal.

"Prices for players have shot up because clubs and agents realize we want to source players in January," said Pannu, steering clear of discussing specific transfers. "Alex says he will spend prudently and we won't be blackmailed into paying more than we should be. If a good player is available at a good price we will spend it. If not we will have to reconsider."

"In the summer will be look to strengthen and that's the proper time to go to market to get better deals."

The transfer kitty will be boosted by the revenue being generated by rising attendances and sales in the club store.

"With every week, every victory, every good performance, then the expectations rise," McLeish said. "From the start of the season, when we were getting written off, we have changed a lot of people's minds and opinions, and that's no small feat."

The same could be said of Yeung's ownership.

"Everyone was skeptical after what happened two years ago with the takeover," said Linda Goodman of the Birmingham City Supporters Club, who has been attending matches at St. Andrews' since 1967. "But Yeung has tried to allay these fears by interacting with fans and taking notice of us.

"We will just wait and see whether the transfer deals and money are forthcoming - and how much. Look at the team on the pitch and there isn't much backup on the bench to continue the run going."

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