Fri Jun 26, 2026 1:07 pm
Source: https://www.thebusinessdesk.com/westmidlands/news/2113427-birmingham-city-fc-served-with-winding-up-petitionBirmingham City FC served with winding-up petition
Birmingham City Football Club is facing a winding-up petition filed in the High Court, TheBusinessDesk.com can exclusively reveal.
HSS ProService, part of the stock market-listed ProService Building Services Marketplace group, has taken action over unpaid and overdue debts.
The £250m-turnover group is a major digital marketplace to hire or buy tools, plant machinery, building materials, and fuel. The Manchester-based equipment hire and procurement business used to be known as HSS Hire, before the business was split into two late last year.
The petition is more likely to be embarrassing than existential for the football club, which is owned by billionaire Tom Wagner’s Knighthead Capital Management. However Wagner had a stroke earlier this year, and stepped back from day-to-day involvement.
The club’s most recent accounts, for the year to June 2025, showed a pre-tax loss of £34.4m. Its wages alone, £38.9m, exceeded its revenues of £35.6m.
The accounts also revealed that the club’s owners had forecast they would need to provide £59m of additional funding between July 2025 and December 2026.
The American investment group has ambitious plans for the club, including a new stadium on a 48-acre site in Bordesley Park, less than a mile from the current St Andrew’s @ Knighthead Park, with a view to creating a world-class Sports Quarter.
In November Knighthead published the first designs for its proposed 62,000-seat stadium.
The scheme, produced by Heatherwick Studio with MANICA Architecture, forms the central element of a wider regeneration programme covering more than 130 acres in East Birmingham. Knighthead is working to a target completion date for the stadium ahead of the 2030/31 season.
ProService Building Services Marketplace declined to comment and Birmingham City FC has been approached for comment.