Birmingham City accept EFL ruling and promise new strategy
12 April 2019
The Blues have decided not to appeal the nine-point deduction over breach of the profitability and sustainability rules.
With help and guidance from the EFL, club have opted for new strategy to achieve their ambitions.
Birmingham City fell through the ranks in the Championship as the EFL punished their continuous overspending and deducted the Blues nine points.
The fans can no longer dream of a place in the play-offs, but have to to focus on not getting relegated in the current season with just six points to the relegation zone.
After the EFL ruling deducting the Blues nine points, the club had time for an appeal but have decided to accept the decision.
“The club can confirm it will not be appealing the nine-point deduction as a result of a breach in the profitability and sustainability rules in the period 2015/16 - 2017/18,” the club wrote in a statement.
Under EFL rules, the club were allowed combined losses of £39 million over three years, or £13 million per season. But the Blues breached those requirements with losses of £48.7 million.
The summer of 2017 contributed overwhelmingly to Birmingham City’s breach of the three-year limit on losses. Former manager Harry Redknapp signed 14 players spending more than £23 million in his 13-month spell, but has since claimed he “didn't know anything about Financial Fair Play.”
“I was never warned by anyone at the football club that there was going to be a problem with that,” he said to the Daily Telegraph.
The club have since become wiser and will be mindful of the regulations in the coming seasons.
“In the light of this season's unprecedented events and after taking stock of all our dealings with the EFL, Birmingham City are committed to ensuring we remain competitive with the ultimate goal of achieving our ambitions, whilst at the same time being mindful and respectful of regulations and parameters laid out,” the club wrote in a statement.
“The club policy on transfers, recruitment, infrastructure improvement and such like will be clear, efficient and effective with the aim of maximising value on the back of best practice.”
In the statement, Birmingham City also thanked a number of EFL employees for “their understanding, help and guidance in what has been a difficult period for all.”