As fans celebrated Lee Camp saving Nakhi Wells’ injury time penalty to ensure Birmingham City beat QPR 4-3 on Saturday, news filtered through that the EFL have made their proposed sanction against Blues for their “aggravated breach” of the Profit and Sustainability Rules.
Mystery has swirled around the ownership of Western Melbourne Group since the consortium were confirmed as the 11th team to play in the Australian A-League from next season. Today, I can reveal that Birmingham Sports Holdings are the financial backers for the project.
Che Adams was emphatic in his goal celebrations at the weekend that he was staying at St Andrews. Having netted his 16th league goal of the season, Adams matched Clayton Donaldson’s haul from the 2014-15 season with only Marlon King having scored more in the last 15 years. However, that joy was tempered by news from the Times that Blues were in trouble for not selling Che.
Despite a flurry of bids from Burnley on deadline day, Che Adams remains a Blues player as the board remained defiant that the 15-goal forward would not be sold. With February now upon us the focus for the board must now face is the disciplinary hearing into the infractions against the new Profit and Sustainability rules. The big question is just where do Blues stand now?
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.
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.