BCFC Board: Will Hong Kong call time on Zola?

As announced to the Stock Exchange of Hong Kong, the board of directors of Birmingham International Holdings will meet on Monday February 27 to discuss and approve interim accounts for the company for the period ending December 31, 2017. While the announcement of a profit warning gives us some idea of what those accounts will look like, the bigger question is if the finances of the company will be the only thing discussed at board level.

BCFC: Accounts Analysis

The accounts for both Birmingham City and it’s UK parent Birmingham City PLC have been made available at Companies House this week. Both sets of accounts are essentially the same (as BCFC is 100% owned by BC PLC and it’s sole asset) and paint a stark picture of how much trouble BCFC would be without the investment of Trillion Trophy Asia.