BCFC: Talking Takeovers II

Despite there being no official news, takeover rumours regarding Birmingham City have taken hold in the last couple of weeks. I’ve already written a piece about the mechanics of how a takeover would work but I think the bigger question from many people is about who exactly wants to buy Blues – and will they be successful?

BSH: Accounts Analysis Feb 2022 – Vong Pech and Debt

Birmingham Sports Holding Ltd announced their interim results to the Hong Kong Stock Exchange yesterday following a board meeting held by the company. The results, which are unaudited, cover the six month period to December 31, 2021.

Who Are Ya: The Owners

One of the most complex things to understand about Birmingham City is just who owns the club. While the simple answer would be to point to the Hong Kong listed company Birmingham Sports Holdings, the ownership of that company is opaque due to the number of investment vehicles incorporated in the British Virgin Islands who own stakes in the company. Throw into the mix people owning stakes in the club directly and you’ve got a mess.

BSH: Accounts Analysis End of Year June 2021

On Thursday Birmingham Sports Holdings announced to shareholders the end of year accounts for the company for the year ending June 30, 2021. The accounts reflect a year where the business has been hit by the coronavirus pandemic with revenues vastly reduced. However, the sale of Jude Bellingham in particular ensured that the company were able to reduce losses to a more manageable level.

BCFC: The A Word

As Birmingham City are now in the bottom three of the Championship, the more worried members of the fan base are talking about relegation and the implied financial Armageddon that comes with it. With this in mind I have written this piece to explain what Administration really is – and why it’s unlikely as things stand to happen to Birmingham City.

BCFC Ownership: A Circular Transaction

On Friday, I published a lengthy article outlining just how tangled a web the ownership of Birmingham City FC is. In this article I am concentrating on new shareholders in the club Oriental Rainbow Investments Ltd – and why their investment is indicative of issues the club faces.

BCFC Ownership: A Spaghetti Junction Problem

The recent partial sale of Birmingham City to investment vehicle Oriental Rainbow Investments along with the recent share subscription completed by Birmingham Sports Holdings has complicated the question of who actually owns the club a little bit further. As the structure of the ownership of the club becomes more Byzantine, it’s become increasingly difficult for fans to understand.

BCFC: Who is Vong Pech pt 2

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?