In the report, he discussed the role of Jude and Job Bellingham in improving the financial situation of Birmingham City and wrote that the income from the transfer of these two brothers helped the club that faced a sporting crisis and relegation to the lower leagues for years.
Jude Bellingham, who became the youngest player in Birmingham's history in 2019 at the age of 16, went to Borussia Dortmund a year later for an initial fee of £20 million. His move to Real Madrid in 2023 will also earn his former club another £10m.
Jobe Bellingham also joined Sunderland in 2023 for three million pounds after playing 26 games for Birmingham. His subsequent transfer to Dortmund added another four million pounds to Birmingham's profits.
In this way, according to published figures, Birmingham earned at least £37 million from the direct transfer and subsequent sales of the two brothers.
Craig Courtney, of the Tilton Talk fan podcast, told the BBC: "It could be argued that none of the club's recent progress would have been possible without the income from Jude and Job's transfer."
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