Darragh MacAnthony, the owner of Peterborough United, has defended Birmingham City’s spending during the summer transfer window, claiming that they, like Ipswich Town, have the potential to secure consecutive promotions.
The Blues are playing in the third tier of English football for the first time in over 30 years this season after being relegated from the Championship last season, but they appear to be in a strong position to bounce back at the first try following a summer of significant expenditure.
The ambitious Birmingham board backed new manager Chris Davies this summer, with 17 new recruits arriving at St Andrew’s @ Knighthead Park, with the club reportedly spending up to £35 million in total.
The Blues had already broken the League One transfer record twice this summer, spending around £3.5 million on Willum Thor Willumsson and Christoph Klarer, but they broke it again on deadline day by re-signing Fulham striker Jay Stansfield on a permanent basis for a reported fee of more than £15.
In addition to their good recruitment, Birmingham retained the majority of their stars this summer, with Alex Pritchard, Jordan James, Juninho Bacuna, Siriki Dembele, and Koji Miyoshi being the only players sold.
The Blues have had a good start to the season on the pitch, with Chris Davies’ team sitting third in the table after accumulating 10 points in their opening four games.