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Ben Hayes - Charlton Athletic programme

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Rangers need more funds

Rangers are to launch a new share issue to raise funds after they revealed losses of £8.3m in the period to 30th June.   This was a substantial improvement on the £14.4m loss reported in the previous year. However, they will need the first tranche of money in January to continue trading.

Hearts could leave Tynecastle

Hearts might eventually have to leave Tynecastle according to new owner Ann Budge.   The stadium has been neglected for some time and is in a state of disrepair.  In particular, the neglected 100 year old main stand is a problem.

The stadium is being patched up, with particular attention to the requirements of safety, but there are limits to what can be done given the prudent financial approach of the new regime.

SFA's concern about Rangers

Scottish Football Association chief executive Stewart Regan has expressed his concern about the financial situation at Rangers because of its impact on Scottish football as a whole and the local economy.

Networks press for Friday games

BSkyB and BT are believed to be pressing for including Friday night games in the next television package from the Premier League.

Fire at building blocking new Spurs stadium

The building blocking the redevelopment of Tottenham Hotspur's White Hart Lane stadium has been devastated by fire.   The club has been trying to buy Archway Sheet Metals for ten years, but has been unable to agree terms.   The delay has held up the club's plans for a new stadium with greater capacity.

Usmanov criticises Wenger

After a period when tensions between Alisher Usmanov and the Arsenal board seemed to have subsisded, he has returned to the fray with a critique of Arsene Wenger.   Usmanov is the club's second largest shareholder with almost 30 per cent of the shares.

Top clubs boost Cup attendances

The average attendance at FA Cup matches from the first round to the quarter finals was 11,818 over the last decade compared to 11,398 between 1994 and 2004.   Does that mean that the 'magic of the Cup' has not gone away?   In fact, it seems largely down to top clubs building bigger stadiums.

Bid to revive Salisbury City

Steve Claridge is involved in a bid to get Salisbury City playing football again.   Guiding the consortium is sports writer Ian Ridley for whom Claridge was player-manager at Weymouth.   Their partnership was the subject of a 'fly on the wall' television programme.  

Bayern pay off stadium debt

Further evidence of how well run Bayern Munich is as a club comes with the news that they have paid off the debt on their Allianz Arena stadium.   The debt of £346m was taken out in 2005 and was supposed to be paid off over 25 years rather than just nine.

All this has been achieved alongside success on the pitch.   However, as always, a note of caution is needed about the 'German model'.   It doesn't always translate easily elsewhere.

Spanish court strikes blow at financial fair play

We have argued for some time that financial fair play (FFP) rules at the European and domestic level are open to legal challenge.   In an order of November 17th the Spanish Commercial Court has struck a blow at the rules of La Liga on FFP.

La Liga had penalised Getafe by preventing them from playing Pedro León.   They argued that by doing so it would have exceeded the total amount of money it could pay to players under the Spanish FFP rules. The Court was asked for an interim measure to allow him to play.