Defeat to Norwich City at Carrow Road on Tuesday evening extended Birmingham City’s winless run to five games. Chances were at a premium for Blues and the sending off of Adam Clayton for a second bookable offence turned out to be the prelude to the only goal of the game. Yet there are reasons that Blues fans should be patient.
The Market Misconduct Tribunal sanctioned Paul Suen Cho Hung along with five fellow former directors of CMBC Capital Holdings Ltd on Friday for insider trading. At the hearing held last week, Suen admitted negligent conduct that resulted in CMBC Capital’s breach of requirements of the corporate disclosure regime and was fined HK$900,000.
One of the biggest talking points in English football in recent days is the so-called “Project Big Picture”. First revealed in an exclusive by Sam Wallace in the Telegraph, the plan formulated by EFL Chairman Rick Parry along with Liverpool investor John W Henry, Manchester United vice-chairman Ed Woodward along with others has been controversial to say the least. What effect does it have on Birmingham City?
Following news breaking on Friday regarding a sale of a slice of Birmingham City to Chinese-born Cambodian businessman Vong Pech, there have been many questions online about the purchaser’s identity. Who is Vong Pech, how much money does he have and why does he want to buy this stake in the club?
Birmingham Sports Holdings broke the news on Friday afternoon that they are proposing to sell a 25% stake in BCFC to Oriental Rainbow Investment Ltd, a British Virgin Islands investment vehicle owned by current BSH shareholder Vong Pech. The deal will see Vong Pech become the largest shareholder in the club among other changes.
Birmingham Sports Holdings released their accounts for the year ending June 30, 2020 on Wednesday afternoon. The results confirmed that once again the company had made a loss – although not as great as in previous years. However, coronavirus has clearly had an impact with massively increased borrowing.
On Friday Birmingham City filed details of two charges with Companies House, outlining forward financing of payments relating to the Che Adams transfer to Southampton and the Jude Bellingham transfer to Borussia Dortmund. A total of £18M has been used as security for the charges, which show Macquarie Bank’s London branch as the lender.
Plans to allow limited numbers of fans back into stadiums were put on hold on Tuesday as the Government tightened restrictions to prevent the transmission of coronavirus in England. This has dealt a hammer blow to clubs already suffering financially from the lack of gate revenue and adds more worry to fans concerned with how their clubs will cope.
Scott Hogan became the eighth signing of the summer for Birmingham City on Wednesday, arriving on a four year deal from the wrong side of the expressway. Hogan played 18 games on loan at Blues last season, scoring seven goals. With a month or so left of the transfer window, the question now is if Blues need to bring any more players in.
Blues started the 2020/21 Championship season the same way they began the previous one; leaving Brentford manager Thomas Frank angry after beating his side 1-0 with a well-worked header. While there was almost certainly an element of luck in the victory at Griffin Park under Pep Clotet, this season’s curtain-raiser was much more deserved.