Blues beat Barnsley 6-2 on Saturday as they shattered more records on their march to promotion from League One. The victory was the team’s 10th league victory in a row at home and took Blues to 92 points in the table; a total that has never been achieved before by Birmingham City.
The company formerly known as Birmingham Sports Holdings announced their financial results for the year ending 30 June 2024 to the Hong Kong Stock Exchange. While ZO Future Group (as they’re now known) have zero financial or operational control over Birmingham City, they still have to cover the club’s financial results in their own accounts, allowing us an early glimpse into the club’s current financial position.
On Tuesday morning Birmingham City Limited filed their accounts with Companies House for the period ending June 30, 2023. The accounts confirm what most of us already knew about the final season under the old regime at St Andrew’s – that money was tight and the losses were only growing.
On Thursday afternoon, ZO Future Group (formerly known as Birmingham Sports Holdings Ltd) announced their interim accounts to the stock exchange of Hong Kong, for the six month period ending December 31, 2023.
One of the biggest indicators that life has drastically changed for Birmingham City is the complete lack of coverage of any news from Hong Kong. Despite Birmingham Sports Holdings still owning 51% of the club, it’s clear that it’s Shelby Companies Limited calling the shots and the remaining Chinese BCFC board members appear to have been completely sidelined.
Birmingham City published the accounts for the club for the year ending June 2022 on Friday. While there were no major surprises in the accounts, there are a few talking points worth talking about in the context of where the club is right now.
Birmingham Sports Holdings published their interim accounts for the six months ending December 2022 on Tuesday afternoon. As expected, the Hong Kong listed company have posted another loss, but while the accounts are unaudited there are a few bits we can take from it that tell us more about the state Birmingham City is in right now.
Birmingham Sports Holdings announced their latest accounts to the Hong Kong Stock Exchange on Friday afternoon. The accounts are for the year ending 30 June 2022 and correspond to the 2021/2022 football season for Blues. While the company once again made a loss, the amount BSH lost has been reduced, which will surely please investors.
With any chance of a takeover happening still incredibly uncertain right now, there has been some fear among Blues fans that this will be the season Blues go under financially. The more dramatic fans on social media have seized on the idea that the owners will not fund the club if it is not sold with all the attendant crises that would cause.
The accounts for Birmingham City’s 2020/21 season were published on the Companies House website on Tuesday. The accounts make for some grim reading thanks to the restrictions placed upon the club by the Covid pandemic and confirm just how important the sale of Jude Bellingham was to the continued existence of the club.
