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Posted
11 hours ago, Sly said:

Any sense, would see it being June 2026 if relegated. Take the points deduction this season and accept the clean slate for next season in League 1.

 

Good chance we don’t come back up, however will have a platform to restart and rebuild.

I guess the club in administration would cause kp to write off the loans (i expect they are worthlrss anyway).  Buy if i were kp i woukd find a buyer rather than seek admin.  That way they can sell the ground and seagrave to bring in much needed cash

  • Like 1
Posted
30 minutes ago, foxinsocks said:

I guess the club in administration would cause kp to write off the loans (i expect they are worthlrss anyway).  Buy if i were kp i woukd find a buyer rather than seek admin.  That way they can sell the ground and seagrave to bring in much needed cash

I would not be surprised that if/when it gets so bad that KP/Top realise they can't rescue us, they will asset strip (stadium & Seagrave) then leave the debts against the club.

 

So we'd end up with a club that is worth at most 25M that has 100s of millions of debt and would have to rent/lease our stadium & training facilities. So our value will be in the minus hundreds of millions - which would require bankruptcy and a phoenix club to be allowed to restart without all that debt.

 

Hopefully that's the worst case scenario.

Posted
13 hours ago, BigGibbo said:

I would not be surprised that if/when it gets so bad that KP/Top realise they can't rescue us, they will asset strip (stadium & Seagrave) then leave the debts against the club.

 

So we'd end up with a club that is worth at most 25M that has 100s of millions of debt and would have to rent/lease our stadium & training facilities. So our value will be in the minus hundreds of millions - which would require bankruptcy and a phoenix club to be allowed to restart without all that debt.

 

Hopefully that's the worst case scenario.

Seagrave will be hard to shift, an extremely willing seller and only 1 feasible buyer. Who on earth are they going to sell the stadium to?

Posted
6 hours ago, Foxmeister said:

Seagrave will be hard to shift, an extremely willing seller and only 1 feasible buyer. Who on earth are they going to sell the stadium to?

Last time it was sold to a pension fund in America. 

Posted
20 hours ago, BigGibbo said:

I would not be surprised that if/when it gets so bad that KP/Top realise they can't rescue us, they will asset strip (stadium & Seagrave) then leave the debts against the club.

 

So we'd end up with a club that is worth at most 25M that has 100s of millions of debt and would have to rent/lease our stadium & training facilities. So our value will be in the minus hundreds of millions - which would require bankruptcy and a phoenix club to be allowed to restart without all that debt.

 

Hopefully that's the worst case scenario.

I think the stadium already isnt owned by the club (owned by king power instead?).

The only real value in the club is if it does own segrave, so it has the land as value, as well as the old training ground.

Squad likely has no net value and just seen as liability with wages and inability for players to be sold.

Posted
7 hours ago, Foxmeister said:

Seagrave will be hard to shift, an extremely willing seller and only 1 feasible buyer. Who on earth are they going to sell the stadium to?

That would be the easiest thing to get rid off, land is always valuable.  Try not to think of it as selling a training complex but instead selling land.

Posted

Isn’t Seagrave costing the club about £15m a year? There don’t get any income from it. 
I am not sure they will get much for it. They could’ve built a training facility for 10-15 million, but they decided to splurge £100m.

Posted
13 minutes ago, Wortho said:

Isn’t Seagrave costing the club about £15m a year? There don’t get any income from it. 
I am not sure they will get much for it. They could’ve built a training facility for 10-15 million, but they decided to splurge £100m.

Doesn't the club still own and run Belvoir Drive?

 

I suspect the womens team will move to Seagrave (as they should) and we'll sell Belvoir Drive.

 

I don't see how the training ground could possibly cost £15m to run. That's surely a massive overstatement. If it is right i'm sure they could drastically reduce that figure if it became a big problem.

 

But I am sure that infrastructure costs aren't a part of PSR calculations. I suppose a massive cash loss in Seagrave only makes finding a buyer harder. For all of Aiyawatt's faults, at least it appears as though he's happy to keep burning his cash away here.

  • Like 3
  • 2 weeks later...
Posted
On 30/03/2026 at 16:54, AKCJ said:

Doesn't the club still own and run Belvoir Drive?

 

I suspect the womens team will move to Seagrave (as they should) and we'll sell Belvoir Drive.

 

I don't see how the training ground could possibly cost £15m to run. That's surely a massive overstatement. If it is right i'm sure they could drastically reduce that figure if it became a big problem.

 

But I am sure that infrastructure costs aren't a part of PSR calculations. I suppose a massive cash loss in Seagrave only makes finding a buyer harder. For all of Aiyawatt's faults, at least it appears as though he's happy to keep burning his cash away here.

There’s a restrictive sporting covenant on Belvoir Drive so it won’t be easy to shift. 
Women’s team are bottom of WSL, if they lose a play off game then they drop to WSL2 so another drop in attendance for an already loss making team. 

  • Like 1
Posted
12 minutes ago, grth2004 said:

My thoughts are December too 

Happy Christmas 🎅 

It will be an amazing Christmas if he’s gone for good ! 
Every day I hope for change 

  • Like 2
Posted

Not sure if anyone has picked up or commented on this yet but.......the Last set of financial accounts we posted for the period ending June25 showed a £60m (100%)  increase in PL Broadcasting revenues Vs prev year when we were in the Championship.....and yet we still somehow managed to post a Loss of -£70m

 

Bearing in mind the next set of account we publish for the current season will once again be based on Broadcasting rights revenue for the Championship (ie similar to 2024!) , its quite likely we will see a reduction of -£50m in revenues which will make it highly likely we will be posting ANOTHER significant loss for the current season....regardless of how much they have managed to reduce our overhead/wages costs by.

 

Add in the nightmare possibility of relegation to Div1 where the revenues will decrease even further, it becomes very difficult to see HOW we will manage to financially turn round this club without either significant external investment OR sales of assets.....which potentially leaves us with even less than we currently have....ie LESS than f**k all...!

 

image.png.f4dcff59c1c0f95f216525d46c900d49.png

 

 

  • Like 1
Posted
2 hours ago, Spanner73 said:

It will be an amazing Christmas if he’s gone for good ! 
Every day I hope for change 

Will be the first stage, long process after that looking at previous clubs in administration nothing happens quickly as far as getting new owners goes. Lucky to get it all sorted in a year and will probably get more points deducted. 
Agreed though it’s for the best. 

  • Like 1
Posted

We'll end up like Rangers and have to spend five years fighting just to get back to the Championship - at best. .

 

We'll be lucky if the national League lets us in at North level, as they were lucky the SFL let them straight in to Division 2..

 

If it rids of this lot though, it'll be worth it. 

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Posted

Birmingham lost 34m in League 1 last season on a 39m wage bill and 26m in other costs.

 

In our last Championship season our wage bill was 107m and we had 37.5m in other costs.

 

Even if our wage bill is only 40m, which it won't be, and we've already advanced our PP (45m-ish) with Macquarie then we're going to run out of money very quickly.

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