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Football : Financially could Birmingham City F.C. go the way of Portsmouth?

by on January 10, 2013

Birmingham City supporters turn on club over £14m debt to owner Yeung

• Accounts reveal unnamed director is being paid £687,611
• Carson Yeung is awaiting trial for money-laundering

The Blues Trust says .. "It is questionable how the club can continue to operate in an environment where revenue is reducing, its ability to borrow money is removed and any playing assets with significant transfer value have all been sold.

While it is not revealed how much money the club may need to raise from these player sales, the club now finds itself in a situation where such high value playing assets are slowly diminishing."

Latest news .. Directors axed from Blues' parent company

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