Birmingham City: financial boom or bust???

[@desgardner7169]

If that's the state of the Blue's I just wonder what state other clubs are in, why do we always hear about the Blues and not other clubs?

[@NumbersBehindtheNet]

Birmingham certainly not the only ones Des!

[@JustMyFish]

it's not it's out of date 2022/2023 is pre-Knighthead the club made a 21.43m profit 2023/2024 and have owners that are worth over 19billion. 15M has just been injected into the club on top of that and a 4.2m sponsorship deal with undefeated and Nikie collaboration plus the pay per click generated 16m to date and is ongoing. The club turned over 40m 21.43m of that is profit.

[@HB2K-h8m]

This all seems quite out of date, presumably off the back of published accounts. When you say 2023 do you mean 2022/23? If so that's pre Knighthead. The new owners have said had we stayed up we would have had the largest revenue outside the relegated teams with their parachute payments, following the huge amount of commercial work they've done. Plus this summer we're getting rid of the final large player contracts as they come to an end and we have received further payments related to the Bellingham sale to Real Madrid.

[@JustMyFish]

Out of date, the club made a 21.43m profit 2023/2024 and have owners that are worth over 19billion. 15M has just been injected into the club on top of that and a 4.2m sponsorship deal with undefeated and Nikie collaboration plus the pay per click generated 16m to date and is ongoing. This video was a waste of good editing.

[@sonlyme4445]

Because a financial firm is said to have $19 billion of 'assets under management', that does not mean the individuals owning said firm have $19bn in assets. Far from it.

[@Lts4567]

👍

[@NumbersBehindtheNet]

Thanks

[@1bluenose2]

P&S isn't a thing in league 1 so there isn't a problem.

[@Mark12106]

No there isn’t it’s worse, Instead it’s the Salary Cost Management Protocol (SCMP) is the Financial Fair Play rules for all League One and League Two Clubs. The SCMP requirement is whereby a Club's Player-Related Expenditure shall not exceed the sum of 60% or 50% of the Club's Relevant Turnover for League One and League Two Clubs respectively. So In theory its worse

[@NumbersBehindtheNet]

Correct that next season Birmingham will have new rules for next year - but will still need to be assessed for this season

[@NumbersBehindtheNet]

You're right Mark but they can also include 100% of"football fortune income" (may be the oddest name yet!) which includes player sales and equity cash injections in that revenue number

[@royalblue5758]

@@Mark12106 In the first season following relegation the sum is 70%. There are some exclusions on this relating to home grown players under the age of 20 which are not counted in the wages turnover. This will exclude the wages of Jordan James and George Hall for a start. A number of players currently on substantial wages are out of contract this summer and probably a few contracted players will not want to play in League One. They will generate additional, albeit, modest transfer fees and savings on wages. If Real Madrid win the Champions League Blues will get additional £3.5m on the Jude Bellingham deal. The new owners are spending £15m this summer on a variety of projects across the club including improving the corporate facilities in the railway end stand and two match day fan zones to increase revenue. I don't think they would be doing this if they were not confident that they can make the team successful on the pitch. They can and, they will. The financial situation is not great for many clubs but we really don't have the full details. Much will depend on what the club does to generate income but their plan is to do this via corporate sales and partnerships. All Blues fans just need to be glad this relegation did not come 12 months ago before Knighthead took over. We really would have been in serious trouble if that had happened. Believe in the club. KRO.

[@brumbykj]

Under 20s and players on 3/5 year contracts are not declared the club can spend what they like on players..​@Mark12106

[@james4319]

Do Everton

[@NumbersBehindtheNet]

In the pipeline James

[@TheToolReviewer]

do we have another Jude Bellingham to sell real quick lol

[@blaze2930]

If this is true as a Birmingham fan i am really worried

[@CentralSitcomLife]

Don’t be, our finances are fine. We’ve generated 40m+ in revenue this year.

[@DominicRyan-jb8xo]

Your fucked

[@JustMyFish]

It's not true it is bullshit the club made a 21.43m profit 2023/2024 and have owners that are worth over 19billion, 15M has just been injected into the club on top of that and a 4.2m sponsorship deal with undefeated and Nikie collaboration plus the pay per click generated 16m to date and is ongoing.

[@DominicRyan-jb8xo]

@@JustMyFish haha dreaming it’s not 19 billion ! It’s 4 billion and Tom Wagner doesn’t have it in money in other things maybe you aren’t that rich your just like us black burn ages ago your fucked

[@DominicRyan-jb8xo]

@@JustMyFish haha 19 billion it’s no where near !! He doesn’t own all of you and Brady is 300 million and isn’t really there is a face