Birmingham City face another huge loss just six months after a nine-point deduction
1 October 2019
Birmingham City's parent company reported a loss on the club of more than £32 million, according to its latest financial accounts.
In March the club were hit with a nine-point deduction in the Championship for breaching the EFL's Profitability and Sustainability regulations.
Birmingham City's parent company, Hong Kong-based Birmingham Sports Holdings Limited, has reported yet another substantial loss.
According to the company's latest financial accounts, it had losses in the football segment of HK$311 million for the fiscal year that ended 30th June 2019, equalling £32.2 million at current exchange rates.
Birmingham City generated a total revenue of HK$206 million in the 2019 fiscal, equalling £21.4 million.
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