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Birmingham Sports Holdings, the company which owns Birmingham City, has revealed a massive reduction of losses.
In a statement to the Hong Kong Stock Exchange, BSH claimed unaudited accounts for the financial year 2020/21, which ended in June this year, has shown losses fall by 65 per cent on the previous year.
They attribute that firstly to player sales and secondly to ‘the gain on disposal of subsidiaries’ – a reference to the sale of the remaining 75 per cent stake in St Andrew’s.
That sale, to a Ms Kang Ming-Ming and a British Virgin Islands investment company called Achiever Global Group Ltd, was confirmed in early June and generated £10.78million for Birmingham Sports Holdings, but means Blues now pay rent of £1.25m a year.
BSH, the club’s parent company, appears to have benefitted from the sale of Jude Bellingham to Borussia Dortmund and the remaining monies owed by Southampton for Che Adams – as well as other player sales.
Consistency has been the key to Lee Bowyer’s selection this season, with the Blues head coach having named the same Birmingham City team for the last four matches.
However, just as often as he picks the same side, he makes the same point – he doesn’t like the Wednesday-Saturday turnaround and having seen his men battle bravely for 90 frenetic minutes against Fulham, there’s every chance he’ll feel the need to freshen it up this weekend.
The fact Blues are facing struggling Peterborough United, who have the joint worst defensive record in the Championship and are short on strikers at the other end of the pitch, might allow Bowyer leeway to do just that.
And one question leaps off the team-sheet. Is is time to give Troy Deeney a full Blues debut?
Blues writer Brian Dick has a go at predicting what Bowyer will do.
Matija Sarkic is the man in possession of the No. 1 shirt. He’ll definitely continue.
The back three was given a torrid time by Messrs Wilson and Mitrovic in midweek and looked ragged at times.
Fulham’s mobile forwards meant Marc Roberts and Kristian Pedersen were pulled wide leaving Harlee Dean with more space then usual to cover in the middle.
Dion Sanderson and George Friend are the next cabs off the defensive rank but I wouldn’t expect Bowyer to change what until Wednesday night had been a very stable, clean sheet producing back-line.
I suspect someone will have to pick up either a knock or a suspension for Bowyer to change his back three.
Darren Ferguson has praised Lee Bowyer’s work at Birmingham City and is looking forward to the arrival of Blues’ biggest travelling contingent since the pandemic.
The Peterborough United manager welcomes Bowyer and Blues to London Road tomorrow with his team second bottom of the league and having conceded 17 goals with one of the worst defensive records in the Football League.
He expects to be without hamstrung striker Jack Marriott and attacking midfielder Joel Randall against a Blues team keen to recover from Wednesday night’s 4-1 loss to Fulham.
“It think it will be a great atmosphere, they will fill the end, they will bring 4,000-4,500, they sold them immediately,” Ferguson said.
“A big club, they have started the season really well, I know they had the defeat on Wednesday night, but they have started well.
“A strong physical team, we know exactly how they want to play and where they want to play.
“They will play in your half, so there are certain things we have had in the last two games that we have to contend with again.
“But, really, it’s about us being brave, moving the ball quickly and giving them problems.”
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Birmingham City supporters have taken to Ryan Woods.
Birmingham City players have taken to Ryan Woods, ex-Blues midfielders like what they see and most importantly of all, Lee Bowyer is pleased with what his summer free signing has shown to this point.
In fact, everyone’s happy – not least the 27-year-old himself, who three months ago arrived at St Andrew’s, bruised by his experience on the fringes at Stoke City and desperate to recover his form.
Having started all seven of Blues ’ Championship games, he’s pretty much done that, and as he sat waiting for the team coach to Peterborough on Friday afternoon, he told BirminghamLive how key to his refound form, has been his new-found fitness.
“For me, it’s not been with the ball, it’s been off the ball and physically,” Woods said.
“I have lost a little bit of weight and a little bit of body fat. I feel like my old self again.
“I can get around the pitch and feel like I can really affect games off the ball as well as on it now – I just feel really good about myself again.
“Getting there was very tough, preseason we would do a session. The lads would come in and they would do a core session in the dome or the gym.