Multi-club ownership findings of Birmingham City (2 replies)
Birmingham City's ownership structure is, as most of you are aware of, quite complex. Furthermore, answering the question of whether they are a "Mutli-club portfolio member [MCPM]" (i.e. a club with owners that holds significant stakes in other clubs) is rather difficult as no clear statement of their involvement with UE Cornella involves direct ownership. Some sources state that they do whereas others don't.
Results of the study were ambiguously inconclusive as neither sporting- nor financial performance had a direct relationship with being an MCPM. Although, these clubs tended to utilise international markets to a wider extent in player trading activity than clubs that had an isolated owner. In turn, inclination to use international trading markets had positive effects on both sporting- and financial performance thereby suggesting an indirect benefit of a club being an MCPM.
Findings connected to the survey can be found in Section 1.1 and Appendix 1, in which the latter investigates each club that competed in the EPL or Championship during the 14/15-18/19 seasons. The study is available through the following link (http://www.diva-portal.org/smash/record.jsf?pid=diva2%3A1573014&dswid=-8476). Once more, thank you for your participation it was truly appreciated.
Best regards, Authors