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.
Birmingham City announced on Friday what is claimed to be the biggest commercial deal in the club’s history. The deal, which could be worth in excess of £9m a year will see St Andrew’s rebranded as St Andrew’s @ Knighthead Park as well as the Wast Hills training ground being renamed as the Knighthead Training and Academy Grounds.
New Year, same old Blues. A 3-0 defeat away to Leeds on New Year’s Day was evidently the straw that broke the camel’s back for Tom Wagner and Knighthead, with Wayne Rooney receiving his marching orders less than 24 hours later. Blues now seek their tenth permanent manager in just over seven years, as once again the R word hangs in the air like a bad smell.
It’s pretty easy to say it’s not been a great Christmas for Wayne Rooney or Birmingham City. Three games seen as winnable have resulted in just two points gained and barring 20 minutes against Plymouth the performances have been distinctly poor. With Blues now lying 20th in the Championship table seven points above the relegation places, has the time come for Rooney to be given his marching orders?
It’s been a couple of days since the Blues Open House event was held and much has been shared online by various attendees. The event appears to have been a success and the general mood online has been one of happiness with what has been achieved so far and excitement for what is to come in the future.
On Monday evening Birmingham City held their inaugural “Open House” session, outlining future strategy to more than 100 fans present. Various senior management staff gave talks on how departments were looking to progress following the takeover by Knighthead, while Club Chairman Tom Wagner and Garry Cook also gave keynote speeches.
Another weekend, another defeat. Saturday saw Blues lose 3-1 away to Sunderland, pushing the club down to the familiar situation of 18th place in the table. As to be expected, the reaction online has become ever more toxic with more fans insisting that Wayne Rooney and even Blues CEO Garry Cook must go.
As expected after a weekend of rumour, John Eustace parted company with Birmingham City on Monday morning, followed by his assistant head coaches Matt Gardiner and Keith Downing on Tuesday evening. While at the time of writing Wayne Rooney has yet to be named as successor, it is only a matter of time before the former Derby County and DC United head coach takes over at St Andrew’s.
In recent times, when Birmingham City’s owner has appeared on the front page of the Financial Times it’s been as the harbinger of bad news. However, times have changed since Shelby Companies Limited have taken charge at St Andrew’s and Tom Wagner’s picture on the front of the FT was all about Blues challenging the authorities for the right reasons.
Prospective new owner of Birmingham City Tom Wagner was featured on a Bloomberg “Masters in Business” Discussion on Youtube on Thursday, talking with other hedge fund founders about how the business works.