Birmingham International Holdings today confirmed that they expect to record a substantial increase in loss for the year ending June 2017. The increase of operating costs including spending on player’s registration and player wages was largely blamed for the increase.
August wasn’t only an exciting month in Birmingham – for shareholders of the holding company in Hong Kong it’s been interesting too, with shares rocketing up by 50% in the last three days of last week. Are HK investors excited by potential promotion?
Birmingham Sports Holdings have confirmed yesterday that there will be a delay before they hold an EGM to approve a proposed deal for the company to invest in a Cambodian company.
Yesterday I talked about directorial changes at Birmingham City FC. Today I wanted to catch up on what has changed in Hong Kong – and how I think power is shifting away from the fragrant harbours to mainland China.