2018: No.17 - £445m
2017: No.15 - £450m
Paul Suen Cho Hung's Trillion Trophy Asia acquired Birmingham City FC in the summer of 2016, and the manager's door has barely stopped revolving since.
Incumbent Gary Rowett was the first to go in a move which stunned many in the game, particularly since Blues were on the fringes of the play-off places at the time. Gianfranco Zola, considered to have a more glamorous pedigree, was brought in a year ago, but a spell of two wins in 24 matches made his rapid departure inevitable.
Harry Redknapp was next in the manager's chair and he stabilised performances enough to keep the club in the Championship, but a run of one win in the first eight games of the current season saw him shown the door and replaced by his assistant Steve Cotterill.
Birmingham City FC's parent company - Birmingham Sports Holdings Ltd - issued a profit warning in September saying in a statement to the Hong Kong Stock Exchange that losses were expected to be substantial due to increases in operating costs and higher spending on players and staff.
Hong Kong-based Trillion Trophy Asia - incorporated in the British Virgin Islands - established a two year exclusivity agreement with Blues parent Birmingham International Holdings, giving the club some much needed stability. And the 56 year-old head of the new owners is a man with a reputation for turning round distressed businesses. He is known as "the King of the Penny Stocks."
He was educated at the University of South Australia where he obtained a Masters in business administration. He is currently chairman of Enviro Energy International Holdings, a position he took up in June this year.
He has previously run, or been a significant shareholder in a number of Hong Kong Stock Exchange-quoted companies including BEP International Holdings, Sunlink International Holdings and Huajun Holdings. He owns Excelsior Kingdom Ltd and Global Wealthy Ltd and has extensive experience in managing metals, mineral and raw material companies as well as energy, property and strategic planning in Hong Kong and mainland China. He is a shareholder in China Strategic and Courage Marine Group.
Enviro Energy is involved in natural resource investment and information technology, with its main focus being the exploration and development of environmental energy projects.
Trillion Trophy Asia acquired 50.64 per cent of Birmingham International Holdings and hoovered up more shares with a 15.1p cash offer. The company has made sure Birmingham City has the working capital it needs to carry on its business and participate in the transfer market..