“Financial Armageddon” screamed the headline. Ten clubs under a transfer embargo with the EFL, of which Birmingham City was one. The article from the Daily Mail appears to have gone, but the backlash hasn’t, with Coventry City, Luton Town and Cardiff City all issuing statements refuting the story. Was it all just a storm in a teacup or is there more to read into this?
Birmingham Sports Holdings announced their interim accounts to the Hong Kong Stock Exchange on Friday. The unaudited figures confirmed that the listed company made a profit of HK$75.924M (just over £7m) for the six-month period to December 31, 2020, which represents a huge change from their normal loss-making performance.
Birmingham Sports Holdings produced their annual report on Thursday, covering the year to June 30, 2020. The glossy 162-page brochure is published to give shareholders information on the company including the recent accounts published along with some further detail.
Birmingham Sports Holdings announced to the Hong Kong Stock Exchange their interim accounts for the six-month period ending December 31, 2019 on Friday. While these accounts are unaudited and are for the entire parent company rather than the club they do give us something of an insight into how things are going with the club this season.
Birmingham City’s accounts for the year ending June 30, 2019 became available at Companies House on Tuesday. Once again they made for some grim reading, although there have been some improvements in revenues and amount of loss made.
Birmingham Sports Holdings today announced to the Stock Exchange of Hong Kong their financial results for the year ending June 30, 2019. The results make for some grim reading, with another huge loss made by the company despite a fairly heavy cut in operating expenses.
Birmingham Sports Holdings today announced their interim results for the six months ending December 31, 2018 today. The results have shown some improvements but the company still reported a HK$173million (around £16.6million) loss in just six months.
Birmingham City filed their accounts at Companies House on Friday, with figures making for grim reading for fans. The club showed a loss before taxation of nearly £37.5million on revenues of just under £18.8million. Having spent some time reading through the accounts, I’ve put together some analysis of what these numbers mean for the club.
Birmingham Sports Holdings announced their end of year accounts to the Hong Kong Stock Exchange on Friday. The accounts, which are for the year ending June 30, 2018 showed a huge loss of HK$437.7millon, up from HK$182.6million the year before.
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.
