Birmingham City made filings with Companies House yesterday confirming procedural details which may have an impact on Blues “Profit and Sustainability” calculations this season.
Bolton Wanderers Chairman Ken Anderson today reacted strongly to criticism of his recent conduct in a statement on Bolton’s official website. While Blues have a financial interest in what is going on with Jonathan Grounds on loan at the University of Bolton Stadium, I think there are wider lessons to be learned.
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.
Former Birmingham International Holdings compliance officer Jerry Ko Ka Wai was today sentenced to ten years imprisonment today for the misappropriation of HK$37.45million from the company.
New Year’s Day finally brought confirmation from Birmingham City of four senior members of staff. A short statement on the official site confirmed that Financial Director Roger Lloyd, Club Secretary Julia Shelton, Financial Controller Gary Moore and Chief Co-ordinating Officer Jo Allsopp have decided to leave the club.