BCFC: Is It Worth It Any More?

Birmingham City crashed out of the FA Cup with barely a whimper on Saturday, losing 1-0 to League One side Plymouth Argyle. The final result might say that the Pilgrims won after extra time but the sad fact is a 4-0 scoreline in 90 minutes would not have flattered them. Yet the worst part of it all seems to be the number of Blues fans (including myself) who were just resigned to defeat and numb to the pain.

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.

BCFC: Financial Reassurance

It’s a bipolar existence being a Birmingham City fan sometimes. On the pitch things look much improved and on Saturday the team scored five goals in the league for the first time in nearly six years in a thumping 5-0 win over Luton. Off the pitch, the rumour mill is in overdrive with whispers of financial meltdown doing the rounds in a vacuum of information.

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.

BSH: EGM To Confirm Partial Sale of BCFC Announced

Birmingham Sports Holdings confirmed in an announcement on Monday to the Hong Kong Stock Exchange the date of an Extraordinary General Meeting to approve the partial sale of BCFC to Oriental Rainbows Ltd. The sale would see Chinese-Cambodian businessman Vong Pech become the largest shareholder in the club.

BCFC: Forward Funding

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.

HK: Suen Suffers Further Setback

Embattled Trillion Trophy Asia owner Paul Suen suffered another potential setback in Hong Kong last week. Suen, who is the largest shareholder in Birmingham Sports Holdings, quit his role as Non Executive Director at EPI Holdings (689:HK) after a shareholder revolt at the company’s AGM.

Coronavirus and BCFC Part II – Finances

Lockdown has entered its seventh week in the UK and the football authorities are still no nearer in working out how to complete the 2019/2020 season. As a consequence, football clubs are facing harder and harder decisions regarding how to sort out their finances, with some having to resort to using the government’s furlough scheme.

BCFC: The Decision Makers

There has been a lot of focus on the people running Birmingham City in recent weeks as the pressure on Head Coach Pep Clotet has grown. With this in mind I thought it would be good to take a proper look at who the is on the board at Blues, to aid understanding of just what is going on and who would be the one to make a decision.