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Accounts

BIH Confirm Board Meeting

Birmingham International Holdings have confirmed today in an announcement to the HKSE that the Receivers are to hold a board meeting on April 30 to discuss and approve the outstanding interim accounts for the six month period ending December 31, 2014.

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Posted in Birmingham City, Finances in Football | 17 Comments »

BIH Change Auditors – Again

Birmingham International Holdings have announced to the HKSE that the current auditors KTC Partners have declined acceptance of the role as Auditors to BIHL for the financial year ending June 2015.

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Posted in Birmingham City, Finances in Football | 46 Comments »

Birmingham International Holdings Delay Interim Results

Birmingham International Holdings today confirmed that the interim results due on Friday for the six month period up until December 2014 are to be delayed until April at the earliest.

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Posted in Birmingham City, Finances in Football | 17 Comments »

BCFC Accounts Analysis

Talking Points sponsored by John Hicken Industrial roofing and cladding materials

Birmingham City’s newly published accounts show that the club requires £4.4million in working capital in the short term to continue to operate. With the club posting another loss and wages being dangerously close to 100% of turnover last season it could be said that the accounts paint a bleak picture for the club.

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Posted in Birmingham City, Finances in Football, Talking Points | 34 Comments »

The Accounts and Pannu

This week has been a busy week for Birmingham International Holdings with the release of the accounts for the year ending 2014 and with the news that Birmingham City FC have ended the service contract of Acting Chairman Peter Pannu. I’ve put together some analysis of both having had chance to read and digest both announcements.

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Posted in Birmingham City, Finances in Football | 146 Comments »

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.

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Posted in Birmingham City, Finances in Football | 17 Comments »

BIH Release Interim Results

Birmingham International Holdings have announced a loss of HK$62.219million (approximately £4.8milion) for the six month period to December 2013 today.

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Posted in Birmingham City, Finances in Football | 32 Comments »

Accounts and Directors Analysis

Yesterday was a busy day for the club on the financial side of things with the release of the accounts for the club and it’s UK parent along with the appointment of three directors of the holding company in Hong Kong.

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Posted in Birmingham City, Finances in Football | 40 Comments »

Birmingham City File Operating Loss of £9mil for Year Ending 2013

Birmingham City FC and it’s UK parent company Birmingham City PLC have both filed their accounts with companies house for the year ending 2013 today. The accounts show an operating loss of £9.1mil on a turnover of £24.2mil despite player wages being cut by £2.2mil per year.

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Posted in Birmingham City, Finances in Football | 39 Comments »

Accounts Analysis

Birmingham International Holdings released their end of year accounts for the financial year ending June 2013 yesterday to the stock exchange.

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Posted in Birmingham City, Finances in Football | 123 Comments »

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