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Accountants Jet In
Peter Pannu returned to Hong Kong just before the start of the New Year to resume his work with Birmingham International Holdings to look for a buyer for Birmingham City.
Whilst news of any prospective purchasers remains thin on the ground, there has been movement towards the parent company issuing their long-overdue accounts in the next couple of months.
JH CPA Alliance, who were appointed Auditors to BIH on December 11 are due to send a team of accountants to Birmingham in the next week or two, ostensibly to check through the BCFC books and financial information in order to properly finalise the accounts for Birmingham International Holdings.
Blues have finalised the football club accounts for the year ending June 2012 and have lodged the required information already with the Football League. The accounts are due to be available for public inspection via Companies House in the imminent future.
There is also some speculation that JH CPA Alliance will also be looking at current financial data for the club to return to Hong Kong with in order to aid Peter Pannu in providing future investors with up-to-date information on the club.
Once any accounts are available – for either BIH or BCFC – I will update the site with any information that I can.