As Birmingham City confirm a separate EFL charge, the club's annual accounts reveal another controversial stadium sale

7 January 2020

BC
Photo: Getty Images The sale of Birmingham City's St Andrew's stadium helped the club massively decrease their loss for the year, which stood at £8.4 million, down from £37.4 million last year, "primarily as a result of a profit on the sale of the stadium" - as the club describe it in their financial statement.

Birmingham City managed to decrease their net loss significantly in the 2018/19 season, but only due to a profit on the sale of their stadium to a subsidiary of the club's parent company, a similar manoeuvre to what other clubs have been criticised for.

The club have confirmed that they were charged by the EFL in relation to a business plan imposed upon them last season, requiring Birmingham to lower their cost control or face another points deduction.

The charge comes despite successfully increasing their revenue to £23.3 million and lowering staff costs by almost £6 million.

Emil Gjerding Nielson nielson@offthepitch.com

Birmingham City have sold their stadium to a subsidiary of the club's parent company, their annual accounts for the 2018/19 season reveal - a heavily criticised manoeuvre similar to that performed by several other clubs, potentially putting further strains on the club's already impaired relationship with the EFL. 

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