Birmingham in the black

14 April 2012

Birmingham have announced a pre-tax profit of more than ?3million for the 12 months up to the end of August last year.

The club's turnover rose by more than ?20m to ?36.5m and they made a profit of ?3.3m, despite spending ?13m on three new players - Matthew Upson, Jamie Clapham and Stephen Clemence.

Chairman David Sullivan said: "It has been a good year for the club. I am delighted with our progress, while remaining focused on the importance of building upon this in our second year in the Premier League."

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