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Offline Droitwich Baggie

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Re: Anything Birmingham City
« Reply #750 on: September 16, 2017, 07:33:12 PM »
They could do with TP in charge.

Offline gerry m

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Re: Anything Birmingham City
« Reply #751 on: September 16, 2017, 07:35:52 PM »
What a surprise. Not at a club where he can throw sackfuls of money about and he can't hack it.

Or do dodgy deals with even dodgier agents!

Online TheJacko2000

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Re: Anything Birmingham City
« Reply #752 on: September 16, 2017, 07:36:33 PM »
Pay off. Nice little earner for not much work. Tell his dog to put the washing machine on.
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Online barnestormer

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Re: Anything Birmingham City
« Reply #753 on: September 16, 2017, 07:50:50 PM »
They could do with TP in charge.
Wishful thinking

Offline Droitwich Baggie

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Re: Anything Birmingham City
« Reply #754 on: September 16, 2017, 08:26:38 PM »
Pay off. Nice little earner for not much work. Tell his dog to put the washing machine on.
You don't mean to launder money do you?  :o

Offline OllieTheBaggie

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Re: Anything Birmingham City
« Reply #755 on: September 17, 2017, 02:08:53 AM »
In fairness Harry Redknapp is a decent manager, overrated as *a naughty word* but a solid manager nonetheless for a team like Birmingham. He should have at least had a few months to get that team playing together, modern football is getting sillier and sillier with managerial terms now. First Palace, now the Blouse, i dare say there'll be more to come very soon.

Offline The Black Pearl

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Re: Anything Birmingham City
« Reply #756 on: September 17, 2017, 07:19:36 AM »
In fairness Harry Redknapp is a decent manager, overrated as *a naughty word* but a solid manager nonetheless for a team like Birmingham. He should have at least had a few months to get that team playing together, modern football is getting sillier and sillier with managerial terms now. First Palace, now the Blouse, i dare say there'll be more to come very soon.

No, he is not a good manager, he is a con man who makes people think he is a good manager by spending lots of money to get results, anyone can do that.
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Offline zippyandbungle

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Re: Anything Birmingham City
« Reply #757 on: September 17, 2017, 02:39:13 PM »
No, he is not a good manager, he is a con man who makes people think he is a good manager by spending lots of money to get results, anyone can do that.
Correct
I'm wondering if this is the next job for mcinnes ?
If youre going to get told off, get told off for doing something not for doing nothing..

Offline Foster#1

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Re: Anything Birmingham City
« Reply #758 on: September 17, 2017, 02:42:13 PM »
Karanka, ex boro is early fav

Offline WBAinDEVON

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Re: Anything Birmingham City
« Reply #759 on: June 14, 2018, 12:58:57 PM »
renaming their ground to the trillion trophey stadium, were next then
Born and Bred in Oak Road West Bromwich B71   Est in the swinging sixties

Offline Dan87uk

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Re: Anything Birmingham City
« Reply #760 on: January 05, 2019, 12:16:06 AM »
Seems Blues are proper up the creek now... A points deduction seems highly likely at this stage at the very least, but the numbers are quite damning and indicate the club could be in the dangerous waters of administration if they don't sort their cashflow problems out  :o

https://www.bbc.co.uk/sport/football/46765090

"A fuller extent of Birmingham City's financial worries has been revealed by publication of the Championship club's owners' most recent accounts.

Chinese-owned Blues lost £37.5m in the 12 months to the end of June 2018, over double the previous year's deficit, largely as a result of an increased wage bill from £22m to almost £38m.

It is the same time period already under English Football League scrutiny.

And Blues now know that their expected EFL hearing will be heard in February.

This has been speculated about both in the local and national media for some months - and that the end result would be a points penalty.

In the accounts report, City chief executive Xuan Dong Ren confirms that the club received EFL notification in August "in connection with breaches of the profitability and sustainability rules".

The club are currently eighth in the Championship under Garry Monk, 17 points clear of the relegation zone.

Blues revealed prior to the start of this season that they were under an EFL transfer embargo.

This was then lifted, as they worked closely under EFL guidance, following a model business plan which was further made clear to a Championship meeting in September when clubs were briefed on potential penalties - as high as 21 points - if they breach spending regulations.

Blues had by then been given permission to sign five more loan players in August - and are now understood to be allowed one more signing in January.

How bad is it?
Under the EFL's profitability and sustainability rules, Championship clubs are only allowed to lose £39m over three years.
According to the accounts, Birmingham City spent more than £15m on transfer fees in 2017-8.
With club revenue edging up to £18.8m, Blues paid out £202 in wages for every £100 brought in - double the league average.
With transfer fees factored in, that grows to £243 out for every £100 received.
As a result, Birmingham have net liabilities of £55million and owe parent company Birmingham Sports Holdings more than £73million.
That sum will grow over the next 18 months, as the directors' report reveals a further £39m will be needed to keep the club afloat.
Birmingham Sports Holdings are owned by Hong Kong-based, British Virgin Island-registered firm Trillion Trophy Asia, who took over in October 2016.
Blues were then sixth in the Championship, under then manager Gary Rowett, who was sacked two months later, with the club outside the play-off zone only on goal difference."



This is then further backed up by some quite substantial numbers in this series of tweets...

https://twitter.com/almajir/status/1081131310519930880

"Thread incoming...

The #bcfc accounts are out on the Companies House Website and they do not look pretty.

1/n

 @almajir
More
First up, #bcfc had a loss before taxation of £37.5mil for the year ending June 30 2018, a massive increase from £16.395mil the season before.

2/n

 
@almajir
More
This isn't helped by a huge increase in wage costs. In 2017/18, staff costs jumped from £22mil to just shy of £38mil.

With turnover only increasing maginally to £18.8mil ish, the ratio of wages to turnover for last season is as astronomical 202%

@almajir
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The directors report confirms net liabilities of £55.2mil which indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern,

Also, there is confirmation of the business plan #bcfc are working to

@almajir
More
Breakdown of #bcfc revenue confirms as always that broadcasting income is still king, with over £7.5mil coming from that sector. Matchday receipts on the other hand didn't quite make £5mil.

@almajir
More
Of those £37mil wage costs, just under £300k was paid to directors and just under £378k was paid out to senior management staff at #bcfc

@almajir
More
There is also confirmation that #bcfc owe around £73mil to the parent company Birmingham Sports Holdings.

 
@almajir
More
Bottom line is that the club requires an additional £39.1mil from the holding company in funding for the next 18 months.

I'll be writing something on this later when I've properly digested the figures.

#bcfc"



For all the faults, moans and gripes we have with our own owner, this just reminds me once again that it could have been so much worse!
The Only Dependable Thing About The Future Is Uncertainty

Offline Dan87uk

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Re: Anything Birmingham City
« Reply #761 on: January 05, 2019, 04:59:45 PM »
Out of the cup, lost 2-0 to West Ham.
The Only Dependable Thing About The Future Is Uncertainty

Offline Black Country Pride

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Re: Anything Birmingham City
« Reply #762 on: January 05, 2019, 05:39:11 PM »
Out of the cup, lost 2-0 to West Ham.

The dildo derby?