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Birmingham City bullish after losses

Birmingham City are very positive about their financial results for 2024/25 despite making an operating loss of £39 million which they somehow fail to mention: https://www.bcfc.com/pages/en/media-article/birmingham-city-football-club-posts-strong-financial-statement-for-24-25

The club is undoubtedly making real long-term progress under its new ownership, although performance on the pitch has been a little underwhelming.

The operating loss represents a significant increase of approximately 115%, as compared to the loss of approximately £16.1m for the corresponding period last year.

This compares to Wrexham’s operating loss of £14.84m over the same period but is far less than Leeds United’s £49.1m when they were a Championship club last season. Cardiff City, who were also in the second tier in 2024/25, lost £35.1m over the same period.

Much of Blues’ situation can be explained by wages of £38.9m, which are up 9 per cent on the previous year from £35.8m.

What cannot be ignored, though, is the fact Blues were forced to play the 24/25 season in League One and while they did a good job of actually raising revenues from £28.7m to £35.6m, they were hit by a £6m decrease in broadcasting revenue.

This was off-set by an increase in attendances, to an average of 25,939 up from 21,180 the previous year – despite playing third tier football.


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