BSH: Credit Crunch
While Blues secured their Championship status for another year by winning away at Rotherham on Monday, Birmingham Sports Holdings have been doing what it can to secure its own financial status on the Hong Kong stock exchange.
While Blues secured their Championship status for another year by winning away at Rotherham on Monday, Birmingham Sports Holdings have been doing what it can to secure its own financial status on the Hong Kong stock exchange.
News broke on Monday night that Middlesbrough Chairman Steve Gibson is demanding an investigation into the financial conduct of three clubs in the Championship. Gibson is unhappy at the way Derby County, Sheffield Wednesday and our chums from across the expressway have skirted the P&S rules.
Birmingham City took another point towards confirming their Championship status for next season in a scrappy draw with Ipswich Town at Portman Road on Saturday. That draw leaves Blues in 18th place, six points clear of Rotherham in 22nd with four games remaining.
Statements made yesterday by Birmingham City and the EFL confirmed that neither the club nor the EFL will be appealing against the nine-point deduction laid down by the Disciplinary Commission in March. The EFL have also confirmed how Blues P&S calculation will be looked at for this year.
A well-fought 1-0 win over Leeds United ended Birmingham City’s run of defeats and pushed Blues into 17th spot above Queens Park Rangers. With six games left in the Championship season and five points separating Blues and Rotherham in 22nd place have Garry Monk’s men done enough to end fears of the dreaded “R” word?