Blues sources have confirmed that club owner Carson Yeung will meet the payment in the next few days, although the club still intend to appeal against the judgment in the hope of recouping the money. The payment relates to unpaid consultancy fees Seymour Pierce claimed for advising Yeung when he first tried to take over the club nearly three years ago and bought an initial 29.9% stake in City. The bank won a High Court judgment last month against Yeung's investment company Birmingham International Holdings but the fees were not paid by the April 12 deadline. That situation is now to be resolved with Yeung, who eventually bought Birmingham for £81million earlier this season, to pay up before pressing on with the appeal. There had been speculation that Seymour Pierce would try to seize control of the club if they did not receive payment although that suggestion was quickly dismissed by City.
