VillaJ100 Posted January 9, 2018 Share Posted January 9, 2018 Maybe they could have a whip round all the blues fans, surely they can all spare 1 pence and they might raise £7.14 that way Link to comment Share on other sites More sharing options...
Demitri_C Posted January 9, 2018 Share Posted January 9, 2018 Before they go bust, can they beat Derby on Saturday? I need to wash my mouth out 2 Link to comment Share on other sites More sharing options...
VillaJ100 Posted January 9, 2018 Share Posted January 9, 2018 3 hours ago, Demitri_C said: Before they go bust, can they beat Derby on Saturday? I need to wash my mouth out Don't worry if they do we'll still turn out an embarrassing 0-2 loss Link to comment Share on other sites More sharing options...
villa89 Posted January 10, 2018 Share Posted January 10, 2018 On 1/9/2018 at 10:14, omariqy said: Read this thread. They are going to go bust. couldn't happen to a nicer club. Vanarama League here they come. Link to comment Share on other sites More sharing options...
Kingman Posted January 10, 2018 Share Posted January 10, 2018 (edited) Rejecting Rowett has got to be one of the most monumental **** ups since Dick Rowe rejected The Beatles! Edited January 10, 2018 by Kingman Link to comment Share on other sites More sharing options...
Demitri_C Posted January 10, 2018 Share Posted January 10, 2018 Birmingham City recently published their 2016/17 financial results, the first under the ownership of Trillion Trophy Asia (TTA), owned by Chinese businessman Paul Suen Cho Hung, and they did not paint a pretty picture. Some thoughts in the following thread #BCFC Oh Dear #BCFC loss before tax increased from £5.0m to £16.4m (loss after tax £18.1m), even though revenue grew by 19% (£2.8m) to £17.6m. All revenue streams increased: broadcasting £1.8m (higher solidarity payment from the new PL TV deal), commercial £0.7m and match receipts £0.3m. Link to comment Share on other sites More sharing options...
Demitri_C Posted January 10, 2018 Share Posted January 10, 2018 (edited) Quote Other operating income was also up £0.8m, but profit on player sales was £4.2m lower at £0.2m. However, main reason for #BCFC higher loss was £7.2m increase in wages (including termination payments to managers Gary Rowett & Gianfranco Zola), plus £2.2m more player amortisation. #BCFC have consistently lost money, only reporting a profit once in last 5 seasons – and that was just £1.3m in 2014/15. Last season’s £16.4m loss is largest since the £20.1m deficit in 2008/09. Loss next season is likely to be even higher after Harry Redknapp’s summer spending. The only season that #BCFC reported a significant profit in recent years was £16.4m in 2011/12, which was very largely due to £21.7m of once-off player sales (Roger Johnson, Scott Dann, Craig Gardner, Jean Beausejour, Cameron Jerome and Liam Ridgewell). #BCFC EBITDA (Earnings Before Interest, Tax, Depreciation & Amortisation), which can be considered as a proxy for cash operating profit, has steadily declined from £14m in 2010 to £(13)m in 2017. Despite #BCFC’s growth in 2016/17, revenue has dropped by more than two-thirds (£44m) in the six years since relegation from the Premier League. In the four years between 2012 and 2015, Birmingham benefited from £48m of parachute payments, but these stopped in 2016. Despite the increase, #BCFC £17.6m revenue is still likely to be in the bottom half of the Championship, once all clubs have published 2016/17 results. For some context, Hull City and QPR revenue of £42m was around three times as much as Birmingham’s £14.7m in 2015/16. The #BCFC wage bill surged 47% (£7.2m) from £15.3m to £22.5m in 2016/17 with playing staff up 30 to 94. Also included severance payments to managers and possible bonus payment to Redknapp for avoiding relegation. This has increased the wages to turnover ratio from 104% to 128%. Although #BCFC wages to turnover ratio of 128% is far from ideal, it is not uncommon in the second tier. In fact, no fewer than 15 Championship clubs had ratios over 100% in 2015/16. That said, Birmingham’s ratio has almost doubled since the 67% in 2014/15, as revenue has fallen. All from here Grim reading for you blose fans Edited January 10, 2018 by Demitri_C Link to comment Share on other sites More sharing options...
Ikantcpell Posted January 10, 2018 Share Posted January 10, 2018 Link to comment Share on other sites More sharing options...
Xela Posted January 10, 2018 Share Posted January 10, 2018 Standing in a dirty alleyway singing songs about Villa. I kind of feel sorry for them. It's all they have in life. 1 1 Link to comment Share on other sites More sharing options...
VillaJ100 Posted January 10, 2018 Share Posted January 10, 2018 What are they gonna do when they go bust? Start 'FC Birmingham of City' 7 a side team down Goals? Probably still fit all the spectators around the side too. Link to comment Share on other sites More sharing options...
Demitri_C Posted January 10, 2018 Share Posted January 10, 2018 51 minutes ago, VillaJ100 said: What are they gonna do when they go bust? Start 'FC Birmingham of City' 7 a side team down Goals? Probably still fit all the spectators around the side too. Small heath alliance FC Link to comment Share on other sites More sharing options...
Daweii Posted January 10, 2018 Share Posted January 10, 2018 If Blues go bust then Villa, West Brom and Wolves get some new low life fans. I can see them all jumping ship the moment it's clear that the club will be no more. Link to comment Share on other sites More sharing options...
S-Platt Posted January 10, 2018 VT Supporter Share Posted January 10, 2018 seems most already have the amount of Man Utd and Liverpool fans round here. 2 Link to comment Share on other sites More sharing options...
OutByEaster? Posted January 11, 2018 Moderator Share Posted January 11, 2018 11 hours ago, Xela said: Standing in a dirty alleyway singing songs about Villa. How very dare you - that's the garden of the White Swan; lovely pub. You've got to ask questions about the mentality of a man that takes women's underwear to the pub so that he can sing a song in the garden. 1 Link to comment Share on other sites More sharing options...
Demitri_C Posted January 11, 2018 Share Posted January 11, 2018 That video, how can a grown man go on facebook and post this my god what a absolute loser. This is something my 11 year old nephew would do How embarrassing Link to comment Share on other sites More sharing options...
rjw63 Posted January 11, 2018 Author Share Posted January 11, 2018 2 hours ago, Demitri_C said: That video, how can a grown man go on facebook and post this my god what a absolute loser. This is something my 11 year old nephew would do How embarrassing Being a loser and a word removed is a badge of honour for these micro-brains. 4 Link to comment Share on other sites More sharing options...
Xela Posted January 12, 2018 Share Posted January 12, 2018 On 1/11/2018 at 07:19, OutByEaster? said: How very dare you - that's the garden of the White Swan; lovely pub. You've got to ask questions about the mentality of a man that takes women's underwear to the pub so that he can sing a song in the garden. Which White Swan? Edgbaston? Link to comment Share on other sites More sharing options...
OutByEaster? Posted January 12, 2018 Moderator Share Posted January 12, 2018 44 minutes ago, Xela said: Which White Swan? Edgbaston? Bradford Street, Digbeth. 1 Link to comment Share on other sites More sharing options...
ender4 Posted January 13, 2018 Share Posted January 13, 2018 oh wow, i've looked at the lower end of the table for the first time in months! didn't realise they were that far down Link to comment Share on other sites More sharing options...
VillaJ100 Posted January 13, 2018 Share Posted January 13, 2018 10 hours ago, ender4 said: oh wow, i've looked at the lower end of the table for the first time in months! didn't realise they were that far down They've won a couple in a row so think they are on the verge of some mid table push. I still think they are odds on to drop. Link to comment Share on other sites More sharing options...
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