Birmingham City's Christmas Party will be bankrolled by chairman Vico Hui.
The Mirror says Hui has pledged to fund the players' Christmas party after losing a drinking bet with back-up keeper Colin Doyle.
Brum owner Carson Yeung laid on a banquet at the China Court restaurant in Birmingham last Monday for boss Alex McLeish and City's first team squad.
Hong Kong tycoon Yeung was in the Far East so charismatic Hui, 43, made a speech and sung karaoke at the bash following their £80million takeover.
A source said: "It was great for team spirit.
"The chairman clearly fancied his chances and wanted a player to take him on.
"They all refused until Barry Ferguson suggested Doylie do the honours on the condition there was something on it.
"Hui agreed and the lads loved it when Doylie necked his so quickly.
"Hui looked stunned. He never had a chance of matching that but certainly gave it a go.
"Now Ferguson and James McFadden, who both know Glasgow well, are lining up a big night for the boys in Scotland on the chairman."