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.
Blues’ final match of 2018 finished in a dour draw yesterday to bring what has most things considered been a successful year for the club. The turn of a new year is a time for reflection on what has passed and thoughts for the future, and in that vein I thought I would share mine.
Birmingham City made it two wins in two over the Christmas period with a well fought victory over Stoke City. Jacques Maghoma and Omar Bogle both scored Christmas crackers of goals as the Potters succumbed to their first defeat since losing to Blues back in October.
Birmingham Sports Holdings today announced to the Stock Exchange of Hong Kong that Trillion Trophy Asia have extended a HK$250million loan facility for a further two years. The loan was due to elapse on December 21, 2018 but both parties have agreed to extend the facility and its loan repayment period.
On Monday Birmingham International Holdings finally announced to the Stock Exchange of Hong Kong details of their delayed EGM to approve the second part of a investment deal into Cambodian property. If approved by shareholders, the deal will see another 832million shares in the company created and reinstate Vong Pech as second largest shareholder in the company.
Anyone monitoring Birmingham City’s social media feeds in the last few months can’t help but notice the amount of work the club is currently doing in the community. From delivering surprises to children and food to the homeless, to planting trees in remembrance of those that have fallen, Blues players and Garry Monk have been actively showing that they care about stuff off the pitch as much as on it.
With the October international break now into its second week, Blues fans are still none the wiser as to when the independent disciplinary panel will meet to decide the punishment Birmingham City will face for breaking “Profit and Sustainability” rules.