The Board of Directors of Birmingham Sports Holdings Limited announced that based on information currently available to the Board, the Group is expected to record a substantial increase in loss for the year ended 30 June 2018 as compared to the previous year. The increase in loss was mainly due to the increase in operating costs which largely attributed to the higher spending on players' registration and staff costs as a result of the change of the club manager and signing in of a number of new players during the season with an aim to strengthen the competitiveness of the football club.