Birmingham City's increasingly huge debt has been laid bare by a leading football finance expert. The club's latest financial results, which relate to the 2019/2020 when the team finished 20th in the Championship under Pep Clotet, have been analysed by the Swiss Ramble Twitter account.

How much are Bcfc in debt?

Swiss Ramble notes: “Unsurprisingly, #BCFC £116m debt is one of the largest in the Championship, only behind #BRFC £142m and Stoke City £141m. The debt is not an issue – so long as the owners continue to provide support. It is unsecured and interest-free, though repayable on demand.”

Are Birmingham City in financial trouble?

The club has twice been found guilty of financial misconduct under English Football League regulations and received a nine-point deduction in 2019 after breaking profit and sustainability rules. Ren has defended his regime and told the BBC last month: “My top priority is to make this football club self-sustainable.

How old is Bcfc?

Founded over 140 years ago in 1875, the Club has been based at its present home of St. Andrew's Stadium in the Small Heath district of Birmingham since 1906.

Is Jeff Lynne a Villa fan?

Villa boast celebrity fans including Prince William, David Cameron and Tom Hanks, and have won seven league titles, seven FA Cups, five League Cups and the European Cup. Birmingham City's famous supporters include TV funnyman Jasper Carrott, Homeland actor David Harewood and ELO's Jeff Lynne.

Barcelona's $1.3bn debt

Who is Vong Pech?

Vong Pech is a Chinese-born Cambodian Businessman. He is CEO of Graticity Real Estate Development, and according to filings with the Stock Exchange of Hong Kong is the sole owner of that company.

What is Birmingham famous for?

Birmingham is said to be the home of heavy metal with the likes of Black Sabbath (led by Ozzy Osbourne), Judas Priest and lead singer of Led Zeppelin originating from the city. The Streets, UB40, Wizzard, Laura Mvula and Duran Duran also originate from Birmingham. We host over 50 festivals across the city each year.

Who is the biggest football club in Birmingham?

Overall. In terms of both support and success Aston Villa top the charts for being the West Midlands' biggest club. After them though the title of the region's second biggest club appears to be a battle between West Brom and Wolves.

Has Birmingham City sold their ground?

During the 2018–19 season, in a further move to reduce the club's losses in light of breaches of the EFL's Profitability and Sustainability Regulations, the stadium was sold for £22.8 million to Birmingham City Stadium Ltd, a new company wholly owned by the football club's parent, Birmingham Sports Holdings, and would ...

What is the poshest part of Birmingham?

Edgbaston. The birthplace of the British Prime Minister, Neville Chamberlain, Edgbaston has always been one of Birmingham's more affluent suburbs. Today, it remains one of the city's most popular residential areas thanks to a wide variety of attractions.

Is Birmingham a poor city?

Although Birmingham is England's second largest city, it is more similar to the large northern cities than to London. ... Birmingham's population has the highest proportion of income poverty and work poverty among all English districts, playing a major role in Birmingham's position in the IMD.

How bad is Birmingham?

Birmingham is the most dangerous major city in the West Midlands, and is among the top 10 most dangerous overall out of the West Midlands's 44 towns, villages, and cities. The overall crime rate in Birmingham in 2020 was 103 crimes per 1,000 people.

What is Vong Pech worth?

Based on the ground value alone, that makes Vong Pech's stake in the project worth in excess of US$500M – and this is just one of about 30 projects connected with Vong in Cambodia.

Why is Chelsea hated?

Many of the Chelsea fans would say that they're only hated because the football world is jealous of their money and skill—and it could be true. Some people argue that the club bought their success from the investment of Roman Abramovich, which led them to become one of the most dominant teams in Europe.

Why are Preston called the lilywhites?

After having played in either blue and white hooped or striped shirts, Preston North End starting sporting the famous white shirts and navy blue shorts which gave inspiration to Spurs and a myriad of other clubs around the country. This kit eventually earned them the nickname The Lilywhites.

What do Villa fans call Birmingham City?

In English football, the Second City Derby or Birmingham Derby, is the local derby between the two major clubs in the city of Birmingham – Aston Villa and Birmingham City, first contested in 1879.

Who founded Bcfc?

The club was founded in already in 1875 (one year after Aston Villa) as Small Heath Alliance by members of the Holy Trinity Church favoring cricket mong sports as mny was at this time in England. The club would 30 years later be renamed as Birmingham (“City” would be added to the name additionally 30 years later).

What is Birmingham City's biggest win?

Record League Cup win: Birmingham City 6–0 Manchester City, fifth round, 11 December 1962.

What are the roughest parts of Birmingham?

Though much of it is beautiful and packed with places of interest, Central Birmingham (or just “Town,” as Brummies call it), does suffer from the city's most concentrated crime rate, particularly in Ladywood, Dale End, the Bullring and Grand Central shopping area (especially along New Street), the Chinese Quarter, and ...

How many millionaires are there in Birmingham?

The town, with 133 millionaire residents, came 23rd in the top 100 affluent areas in the UK. Sutton Coldfield secured 35th place for housing 117 millionaires but Birmingham featured near the bottom of the list, in 82nd place, with 89 millionaire residents. Stratford-upon-Avon came 96th as home to 85 millionaires.

Why is there deprivation in Birmingham?

Due to competition from abroad, most of Birmingham's manufacturing industry has now gone. ... Inequalities in housing - Birmingham's high population has resulted in pressures on housing. There is not enough good quality and affordable housing for people in the city.

Where do the rich live in Birmingham?

Edgbaston. One of the wealthiest areas of Birmingham, Edgbaston has a lot to offer its residents. Located just a ten-minute drive from the bustling city centre, Edgbaston boasts charming green streets, Georgian architecture, and peaceful gardens.