Birmingham Sports Holdings yesterday made an announcement to the stock exchange warning that there would be a substantial increase in the loss suffered by the company for the year ending June 30, 2018. The poor results are blamed on the increase in spending on player registrations and staff costs.
The two-year anniversary of the takeover of Birmingham Sports Holdings by Paul Suen Cho Hung’s Trillion Trophy Asia vehicle approaches in October. With it being public knowledge that Suen could not sell his stake in BSH within two years, will this anniversary herald a change of owner?
It’s safe to say the EFL are not the most popular people with Blues fans right now, judging by social media. I’ve seen everything from calls for the EFL to explain the constraints they have placed against Birmingham City to demands for the Blues Trust to hold the EFL to account.