The financial situation at Birmingham City FC is serious but not imminently fatal according to this careful analysis. The club is not in immediate danger of going into administration. Player sales and releases and a slashed wage bill have seen to that. However, if there are further sales in the January transfer window, as seem
The financial situation at Birmingham City FC is serious but not imminently fatal according to this careful analysis. The club is not in immediate danger of going into administration. Player sales and releases and a slashed wage bill have seen to that. However, if there are further sales in the January transfer window, as seems more than likely, this does not bode well for hopes of an early return to the Premiership.
It is certainly a concern that the publication of the accounts has been delayed until February. It is uncertain whether the current regime can take the club forward, particularly as the intentions of the deputy chairman are unclear. There are prospective purchasers who could step in if the club hit real trouble, but they are not mega rich,