22/06/2000
First Division Birmingham scored a financial treble of larger match receipts, greater commercial income and higher broadcasting income. Rising player costs, however, continue to penalise City, as well as its rivals. Indeed, chairman David Sullivan admitted that 'players' wage demands are at an all-time high'. Operating profits before transfer costs leapt 78% to £659,000 on turnover up 37% to £5.6m. However, the Blues remained £580,000 (£744,000) in the red at the pre-tax line.
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