Multimillion-pound losses mount up at Birmingham City
Birmingham City FC has continued to lose millions of pounds every month despite enjoying its best season on the pitch since 2012.
Its owner, Birmingham Sports Holdings, said "the results of the club were still far behind expectation".
New financial figures show Birmingham Sports Holdings made pre-tax losses of £16.6m (HK$173.1m) in the six months to December 2018.
It was an improvement of around £2m on a year earlier but shows the scale of the task behind the scenes.
The Championship club is currently in eighth position,... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
