On Friday the EFL announced that Birmingham City had entered into an Agreed Decision with regards to the investigation into breaches of the Owners and Directors Test (OADT) during the attempted Maxco takeover. The club have been issued with a two point deduction, suspended until the end of the 2023/24 season.
It’s safe to say that while on the pitch the season is coming to an anticlimactic end for Blues, off it appears to be a very different story. It hasn’t taken long for the rumours to fly on social media of just which investors might be behind potential new owners Often Partisan Limited.
It was reported on Wednesday that Paul Richardson, Maxi Lopez and Matt Southall have all accepted sanctions from the EFL following charges relating to the failed Maxco takeover. While there hasn’t been any official confirmation yet, the reports have stated all three have accepted suspended bans from involvements with EFL clubs.
It’s been another tough weekend to be a Blues fan. While a 1-1 draw at Wigan arrested a run of defeats, it did nothing to ease relegation fears and Blues remain just seven points clear of the drop zone. Meanwhile, a fire at the training ground on Thursday night / Friday morning was just the latest episode in the shitshow that is Birmingham City FC 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.
The EFL announced on Monday evening that they have brought charges against Birmingham City Football Club as well as a number of other individuals in relation to breaches of EFL Regulations. The statement goes on to confirm that they had been considering of anybody involved with the “proposed acquisition of control” complied with Regulations in relation to the Owners’ and Directors’ Test (OADT).
With Jude Bellingham once again turning it on for England in the round of 16 World Cup match against Senegal, it’s somewhat deflating to turn attention back to the never-ending saga that is Birmingham City’s ownership travails.
News broke on Friday afternoon that 136 days after holding a conference on the Kop Car Park to tell fans the deal was done, Paul Richardson and Maxi Lopez have pulled out from their attempt to buy Birmingham City.
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.
It’s been almost a week now since Laurence Bassini went on TalkSPORT to talk about buying Birmingham City, and I think I’ve only just caught my breath from it. I’ve said all along that Bassini is a fantasist who shouldn’t be entertained when it comes to buying a football club, but even I didn’t expect him to blow up so spectacularly live on national radio.