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BIH Announce Board Meeting

Birmingham International Holdings have today announced that there will be a board meeting on September 30 to discuss among other things the accounts for the year ending 2014.

The announcement made today and signed by chairman Cheung Shing was to be expected – the accounts will be due on September 30 and I would suspect that the accounts will be announced very shortly following the conclusion of the meeting.

However, I don’t believe that the meeting will purely to be approve the accounts. It’s my understanding that the meeting will also discuss the future of BIH’s managing director Peter Pannu. My understanding from sources within the club and in HK is that Peter Pannu will definitely leave the board of BCFC on September 30; whether he will depart the board of BIH is another story. I have had confirmation from multiple sources that his contact with Birmingham City will come to an end on September 30 and that it will not be renewed; with the consultancy agreement also coming to an end on the same day it will be interesting to see what role Pannu retains if any.

I have no reason to believe that there will be any delay to the accounts; as I understand it the club accounts are largely finished and the auditors for BIH have been in Birmingham to confirm details to prepare the holding company accounts.

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