**RADIO WM – EXCLUSIVE INTERVIEW
Birmingham City Chairman Niels De Vos
Broadcast: 29th June 2022
Presenter – Richard Wilford (RW)
Chairman – Niels De Vos (NDV)
RW:
Niels, thank you for joining us. There’s been a lot of discussion among supporters about the financial picture you inherited when Pershing Square took control. Can you give us some clarity?
NDV:
Absolutely, Richard, and thank you for having me on. I think honesty is important here. When we came into the football club, it was very clear that
the previous years of financial management had left Birmingham City in a difficult position, particularly regarding
FFP and Profit & Sustainability regulations.
We inherited a club that, to put it plainly, had been living beyond its means. There were contracts that were unsustainable, revenue streams that had not been maximised, and legacy costs that needed addressing.
We’ve spent the last few months fully understanding the situation and putting proper controls and structures in place.
RW:
Some fans worry that these FFP restrictions will limit what you can do in the short term. Is that the case?
NDV:
In the short term, yes, we do have
restraints. That’s the reality. We cannot escape the consequences of what happened before we arrived. We have to operate responsibly, and that means there are limits to what we can spend this season.
But I want to be clear — this is a
temporary phase, not a long-term obstacle.
RW:
So what are you doing now to resolve those issues?
NDV:
Pershing Square came in with a plan from day one. We have:
- Stabilised the club financially
- Reduced unnecessary expenditure
- Rebuilt commercial structures
- Put in place strong financial governance and long-term planning
- Secured major new partnerships such as adidas Spezial and UNDEFEATED
- Begun work on improving matchday, media, and retail revenue streams
This is all part of a bigger picture:
resetting the club so that it can grow sustainably.
RW:
You’ve hinted at new revenue streams before. What impact will these have on the club moving forward?
NDV:
The partnerships we’ve put in place and the commercial plans we’re building will dramatically improve the club’s financial health.
From
2023 onwards, supporters will begin to see the real impact of this. That’s when:
- Our new commercial deals kick in fully
- Redevelopment work at St Andrew’s begins to pay back
- Operational efficiencies start showing results
- Long-term strategic investments in the Academy and infrastructure start driving value
It’s important to stress:
2022 is about stabilisation. 2023 is about building. 2024 and beyond is where we aim to thrive.
RW:
So fans listening tonight—what should they take from your message?
NDV:
That we are absolutely committed to Birmingham City for the long term. We know the club has been through years of uncertainty and mismanagement.
But I can promise supporters this:
We will run Birmingham City properly, professionally, and in a way that protects the future of the club.
Yes, we are restricted right now. But the work we are doing today ensures that a year from now, two years from now,
Birmingham City will be in the strongest position it’s been in for a very long time — both on and off the pitch.
RW:
Niels, thank you for your time.
NDV:
Thank you, Richard. And thank you to the supporters — this rebuild is for them.