Political Economy of Football
Home     About     World Soccer     Statistics     Football Clubs     Archive     Links
 
Archive of Reports - By Date

Archived articles from 2009 are shown below.

Click here for 2008 articles
Click here for 2006-2007
Click here for 2005 and earlier

Alternatively, you can search by Football Club or Subject Matter by using the options below:

To search by Football Club
To search by Subject

Try a google search on our site by setting the radio button below to scan our archive.

All articles are indexed and you can quickly find what you are looking for.

Google
 
Web www.footballeconomy.com

Archived Articles 2009

January 2010

Pompey Fans Rally 'Round - 29/01/2010
The latest blow at Portsmouth was the collapse of the club's website because the relevant bill had not been paid...

Glazers Sell Bonds - 25/01/2010
'Glazer: Forever In Your Debt' read the large banner held by Manchester United fans outside Old Trafford on Saturdays. However, the Glazers managed to sell £500m of bonds on the open markets to refinance their debts...

Scottish FA To Veto Meerkats - 19/01/2010
The Scottish Football Association is likely to veto the re-naming of Stirling Albion as Stirling Albion Meerkats...

Big Freeze Hits Football - 10/01/2010
It's nothing like the cold weather events of 1946-7 or 1962-3, but freezing weather in Britain has already had its effect on football...

Are Bonds A Way Out Of Debt? - 06/01/2010
What do Cambridge University and Manchester United have in common? They are both proposing to issue bonds, in the case of Cambridge to raise funds for further investment, in the case of United as a more efficient and cost effective means of managing their debt...

Crisis Deepens At Pompey - 04/01/2010
In the present climate of preoccupation with the solvency of football, it is very easy for unfounded rumours to gather pace. Once such reports appear in the press, creditors become understandably nervous about their commercial relationships with a club...

Crisis Deepens At Pompey - 01/01/2010
Portsmouth failed to pay their players' wages yesterday, the third time this season that payment has been late. The club hopes to get hold of enough funds to pay the outstanding wages by January 5th...

December 2009

Mandaric Firm In Denial of Tax Allegations - 24/12/2009
Milan Mandaric, the chairman of Leicester City is to face legal proceedings for alleged tax evasion from HM Revenue and Customs...

Time Added On At Arsenal - 22/12/2009
The battle for Arsenal Football Club has now entered time added on, although in the Premiership this can be quite a long period of time...

West Ham Reject Bid - 21/12/2009
Notwithstanding yesterday's 1-1 draw against Chelsea, West Ham remains cash strapped and relegation threatened. Nevertheless, two alternative bids have been made by David Gold and David Sullivan...

FA Cup Deal Agreed With ESPN - 13/12/2009
The FA has agreed a four year television deal with ESPN to broadcast FA Cup ties as the Walt Disney owned broadcaster strengthens its position in the British market...

November 2009

Henry A Damaged Brand - 21/11/2009
Thierry Henry could pay a heavy price for his hand ball that gave France victory over Ireland...

European Match Fixing Scandal Hits The Beautiful Game - 21/11/2009
At least 200 European football games are being investigated after police said they had dismantled an alleged international criminal ring suspected of running Europe's biggest ever match fixing scandal...

Top Scottish Clubs Owe £100m - 21/11/2009
Scotland's top football clubs are carrying debt totalling nearly £100m...

Stanley Find Saviour - 20/11/2009
Accrington Stanley fan Ilyas Khan has become non-executive chairman at the club two weeks after staving off a winding-up order with a £160,000 donation...

West Ham is Plan A for Sullivan - 20/11/2009
Former Birmingham City owner David Sullivan and the Gold brothers would prefer to use the money they pocketed from the sale to buy West Ham...

It All Kicks Off Over Sale of Rights to China - 15/11/2009
The sale of rights to broadcast Premiership football in China, potentially the largest market for the world's most successful football league, is forcing league bosses to paper over widening splits between its big and small clubs...

Big Blow For Scottish Football - 15/11/2009
Scottish football has suffered a big blow after the Premiership effectively ruled out Celtic or Rangers ever joining the competition...

176,000 Log On To Watch Oldham vs Leeds - 13/11/2009
The FA Cup First Round tie between Oldham Athletic and Leeds United, streamed exclusively live on TheFA.com achieved an audience 176,000...

Spurs For Sale If The Price Is Right - 11/11/2009
Tottenham Hotspur's majority shareholders will not put the Premiership club on the market but would be prepared to sell of a big cash offer came along...

La Liga To Change Match Times? - 08/11/2009
Kick off times in the Spanish Primera reflects the pecking order of clubs...

Clubs Line Up For Naming Right Deals - 07/11/2009
Fans at Newcastle United protested today outside and inside the ground at the re-naming of the stadium as sportsdirect.com@St. James' Park...

Strike Threat in La Liga - 07/11/2009
Spanish clubs have threatened to go on strike following the announcement of Spanish Government plans to remove tax laws that give La Liga a big advantage over the English Premiership...

Kroenke Edges Closer To Arsenal Bid - 04/11/2009
Stan Kroenke has snapped up another batch of Arsenal shares, edging the US sports franchise owner to within less than 300 shares from launching a mandatory takeover bid for the club...

Wembley Stadium Could Default On Bank Debts - 02/11/2009
Wembley National Stadium, a wholly owned subsidiary of the Football Association, made a pre-tax loss of £31m last year and could default on finance arrangements if wealthy patrons fail to renew their season tickets...

Rangers In Financial Mire - 01/11/2009
Rangers manager Walter Smith has claimed that Lloyds Banking Group is effectively overseeing the club's spending...

October 2009

Ashley Enrages Newcastle Fans - 30/10/2009
Newcastle owner Mike Ashley has deepened his bond with Newcastle fans by proposing to rebrand St.James's Park. They were enraged at his intention to welcome offers for the naming rights of the ground...

Accountants Warn Hull City They Are In Trouble - 28/10/2009
Hull City AFC have been warned by their accountants Deloitte that their current financial position threatens the club's 'ability to continue as a going concern'...

Shrimpers Face Administration - 28/10/2009
HM Revenue and Customs are seeking to place League 1 Southend United into administration because of an unpaid tax bill...

Buyers Wait For File Sale at Liverpool - 26/10/2009
Co-owners of Liverpool Tom Hicks and George Gillett, who were the subject of a fans' demonstration yesterday, have hit a brick wall in their attempts to sell the club...

West Ham Step Up Search For New Backer - 25/10/2009
CB Holdings, which runs West Ham, has hired two investment banks as it steps up its search for a new backer...

Premiership Gets Sponsorship Boost - 25/10/2009
The Premiership has secured a three year sponsorship renewal from Barclays worth £82.25m...

League Back Away From County Test - 21/10/2009
The Football League's decision on the ownership of Notts County was supposed to be a crucial indicator of the success of the fit and proper persons test for owners of football clubs...

'Pay Up Or Shut Up' Says Ashley - 18/10/2009
Newcastle owner Mike Ashley has effectively told Tyneside businessman Barry Moat to put up the money to buy the club or shut up...

Terras On The Brink Again - 18/10/2009
Blue Square south outfit Weymouth are on the brink again after being hit by three separate demands for debt repayment...

American Consortium In For West Ham - 18/10/2009
The Intermarket Group, headed by Wall Street mogul Jim Bowe, are reported to have begun negotiations to buy West Ham...

Sullivan In For Addicks? - 18/10/2009
It is being claimed that David Sullivan is now interested in buying Charlton Athletic rather than West Ham after his departure from Birmingham...

Futures of Four Clubs in the Balance - 14/10/2009
The futures of four English clubs - Portsmouth, Leeds United, Notts County and QPR - are hanging in the balance while football's governing bodies demand more information from owners...

Kroenke Buying Arsenal On Tick - 12/10/2009
Apparently rich individuals often have far more value in assets which cannot be realised in the short run that they do in cash...

Internet Screening Does Not Set A Precedent - 11/10/2009
As it turned out fans were able to watch highlights of England's defeat by Ukraine on BBC1 last night, but the contract signed by the terrestial broadcaster preventing them from announcing this in advance...

BBC Overpaid For FA Cup Matches - 11/10/2009
The money of licence fee payers was at risk of being wasted when the BBC paid more than £1m to broadcast FA Cup matches on Radio 5Live...

Football League Supremo Calls For Wage Cap - 11/10/2009
Former Conservative minister Lord Mawhinney has called for wage controls in his capacity as chairman of the Football League...

Extending the Premiership Model to Other Sports - 11/10/2009
The Premiership model is a highly successful one, but can it be readily extended to other sports?

Saudi Prince Thinks About Liverpool Offer - 08/10/2009
Liverpool co-owner George Gillett will fly to Saudi Arabia next week for further talks with Prince Faisal bin Fahd bin Abudullah au-Said about buying a stake in the club...

Return of the Egghead? - 08/10/2009
Former West Ham chairman Eggert Magnusson is prepared to make a cut-price offer for the club...

Top Clubs Fend Off Recession - 07/10/2009
Premiership clubs have kept their fans and in some cases increased attendances since the start of the season...

Web Broadcast of England Match Angers Fans - 07/10/2009
Saturday's World Cup qualifier between England and Ukraine will be shown live only on the internet, angering many fans...

Chester On The Brink - 04/10/2009
Troubled Conference club Chester City say they could be only weeks away from folding...

Dramatic Drop In Draws In Premiership - 04/10/2009
Leading bookmakers are facing the prospect of profit warnings in the next few weeks following heavy losses on football since the start of a Premiership season that until yesterday had seen just four draws...

Pompey Take Out Loan To Buy Players - 02/10/2009
Three directors at Portsmouth were forced to take out an emergency loan yesterday to pay players...

Three Clubs Face League Probe - 01/10/2009
Three clubs are to be considered by the Football League board next week after questions were raised about whether they met the 'fit and proper person' test...

September 2009

Profits Up At Arsenal - 30/09/2009
Arsenal increased revenue and profits in the year to 31st May. Gate and match day revenue rose from £95m to £100m but failed to meet a total wage bill of £122m, including a £23m loss on transfer activities...

Bwin Extend Real Madrid Sponsorship - 29/09/2009
Having gone on a £200m spending spree this summer, news that Real's shirt sponsorship deal with Austrian online betting group Bwin has been extended by three years...

Liverpool Play Down Interest of Saudi Prince - 28/09/2009
Liverpool are playing down the high profile interest of a Saudi prince in acquiring a stake in the club...

Sports Minister Loses His Patience With FA - 27/09/2009
Sports minister Gerry Sutcliffe has demanded that the Football Association speed up its plans to modernise...

Hyde United On Edge of Abyss - 27/09/2009
Blue Square North outfit Hyde United face liquidation tomorrow. On Wednesday Hyde were wound up by the High Court with debts of £123,000...

League Continue Notts County Probe - 26/09/2009
The Football League is continuing to investigate the takeover of Notts County by a group of investors said to have backing from the Middle East, two months after the completion of the deal...

Conference Takes TV Hit - 22/09/2009
Talks between the Conference and American sports broadcaster EPSN have collapsed at the last minute...

English Clubs To Fight Platini's Plans - 21/09/2009
Some of Europe's leading football clubs, especially those in the Premiership, are preparing to oppose plans bu Uefa to curtail the ability of club owners to buy their way to success...

Premiership Tightens Up Financial Rules - 20/09/2009
Premier League clubs have agreed to a rule change that will see them subject to financial regulation with immediate effect...

'Crashgate' Raises Questions About QPR's Future - 19/09/2009
The Football League has declined to comment on Flavio Briatore's departure from the Renault Formula One team, but is understood to be monitoring the situation closely...

Jackpot For Economy - 14/09/2009
England's qualification for the World Cup should provide a big boost to the economy. Estimates suggest a revenue boost of between £1.5bn to £2bn...

Liverpool Swap Carlsberg for Standard Chartered - 13/09/2009
Liverpool have secured a new shirt sponsorship deal that equals the most lucrative in football history...

A Good Time To Be Paranoid? - 07/09/2009
As Michel Platini has become increasingly bullish about his 'financial fair play' strategy which many see as targeted at the top English clubs some fans of those clubs may feel they are justified in being paranoid...

Ten Per Cent Drop In Premiership Transfers - 07/09/2009
Transfer spending involving Premiership clubs in the summer transfer window is expected to total £450m, down 10 per cent on last summer's £500m...

Accrington Given Deadline - 07/09/2009
Accrington Stanley have been given eight weeks to pay £308,000 to the Inland Revenue or face closure...

Salisbury Go Into Administration - 06/09/2009
Blue Square Premiership club Salisbury City have gone into administration after a winding-up order was filed against the club...

Gaydamak Out Of Pocket At Pompey - 02/09/2009
Alexandre Gaydamak, who has all but completed the sale of Portsmouth to a Dubai investor has admitted that his three-year involvement with the Premiership will leave him out of pocket...

August 2009

Rooks and Terras Under Threat - 31/08/2009
Two non-league clubs relegated from the Blue Square Premier last year are facing a battle for survival...

Platini Declares War On England - 31/08/2009
Uefa president Michael Platini has given Premiership clubs a three year ultimatum to clear up their debts or be booted out of the Champions League...

Making Football Affordable - 30/08/2009
In a letter to the Financial Times Alan Evans has some interesting statistics on the increasing cost of watching football...

Jockeys Unseated - 30/08/2009
As we have been argued before it is non-league clubs that have taken the hardest hit in the recession. An example is former Southern League club Racing Club Warwick...

Pompey Takeover Completed - 28/08/2009
The long-awaited takeover of Portsmouth Football Club has been completed...

Football Rides Out The Recession - 24/08/2009
Football has not been completely recession proof, as our story below on sponsorship shows. But it has survived the recession much better than many other sectors...

Price Takers Rather Than Price Makers - 24/08/2009
Football clubs are becoming price takers rather than price makers when it comes to shirt sponsorship deals...

Boss Gets Red Carded - 23/08/2009
Owners of football clubs are often living out some kind of fantasy, but they are rarely fit enough to appear on the pitch...

Celtic's Exit Strategy Stalls - 23/08/2009
Faced with an early exit from this year's Champions League, Celtic's strategy to overcome what their chairman calles the 'Setanta effect' has been badly dented...

State Bails Out Argentine Football - 23/08/2009
It had to happen sooner or later: a government bailing out a financially inept football industry dissatisfied with its television contract. And what was the betting that it would happen in Argentina...

Burnley FC Gets A Boost - 23/08/2009
Burnley Football Club's arrival in the Premiership is giving a boost to a town that has had more than its fair share of problems...

Takeover Doubts Rattle Birmingham City - 16/08/2009
Club faces another lengthy period of uncertainty about Carson Yeung takeover bid....

Pompey Takeover In Doubt - 15/08/2009
The takeover of Portsmouth by Sulaiman al-Fahim looks increasingly in doubt, the main outstanding issue the level of debt to Alexandre Gaydamak...

Two Clubs Start Season Late - 15/08/2009
The extent to which the financial crisis has hit hard at the lower levels of football is shown by the fact that two clubs have started the season late, Chester City and Livingston...

Sports Goods Industry Lines Up for World Cup - 15/08/2009
The sports goods industry is hope that next year's World Cup will help it to revive its flagging fortunes...

Eriksson Comes On The Cheap - 13/08/2009
Newly wealthy Notts County have got director of football Sven Goran Eriksson on the cheap. His basic salary is 'only' £250,000 a year...

Rovers Get The Heart Racing - 12/08/2009
Blackburn Rovers have been named as the most exciting team in the Premiership, even though they finished 15th last season...

Drinks Sponsors May Be Banned - 11/08/2009
Firms that make and sell alcoholic drinks are important sponsors of football clubs given that they give access to young males who are likely to buy their products...

Ashley Faces Deal Probe - 11/08/2009
Newcastle owner Mike Ashley is having difficulty selling the club and now he faces a probe into his Sports Direct chain...

Why England Lose - 09/08/2009
One of the most important books to be published on the political economy of football in the recent past has been written with this title by football writer Simon Kuper and sports economist Stefan Szymanski...

Debt Crisis Threatens Argentine Season - 06/08/2009
Argentine football fans face the prospect of a delayed start, and possibly the suspension, of the coming season...

Ashley To Stay In Charge At Newcastle? - 05/08/2009
Long suffering Newcastle fans may face another year with Mike Ashley as owner. The two consortiums still interested in buying the club have been given an informal deadline on Friday...

Slump In Attendances? - 05/08/2009
Virgin Money are claiming that more fans are planning to ditch football due to cost, but one has to be very careful about these analyses based on surveys that pose hypothetical questions...

Vultures Circle Newcastle - 03/08/2009
At a time when football fans are mourning the death of the gentleman giant Bobby Robson, it is sad to see the state of Newcastle United.

How Much Are Global Sporting Events Worth? - 02/08/2009
Britain has done well recently in securing global sporting events and is bidding for the World Cup in 2018. But how much they are really worth?

Cheshire Conference Clubs In Trouble - 02/08/2009
Chester City, relegated from the Football League last year, face a crunch board meeting tomorrow while Blue Square North outfit Northwich Victoria have seen the tax authorities reject the club's bid to exit administration through a CVA...

Livi Boss Finally Sells Up - 01/08/2009
Financially strapped Scottish club Livingston have been given a ray of hope after owner Angelo Massone agreed to sell his shares to new investors...

July 2009

Tranmere Put Up For Sale On e-Bay - 31/07/2009
League 1 club Tranmere Rovers are furious after a company they hired to find a buyer for the Wirral club put them up for sale on e-Bay with a reserve price of £6m...

Newcastle Deny Administration Rumours - 29/07/2009
Newcastle United sources have categorically denied that Mike Ashley will place the club into administration if a buyer does not emerge over the next few weeks...

'Pool Seal Deal - 27/07/2009
Liverpool which owes two banks £350m has renegotiated its debt with the Royal Bank of Scotland...

It's A Done Deal At Pompey - 21/07/2009
Portsmouth became the second Premiership club to be owned by investors from the United Arab Emirates with the completion of a takeover led by Sulaiman-al-Fahim...

Old Firm Blast TV Deal - 20/07/2009
Celtic and Rangers are unhappy with a television deal with Sky-ESPN approved by two-thirds of the Scottish Premier clubs...

B League Decline in Spain - 19/07/2009
Aside from those teams relegated from La Liga, Spain's second division has also included the reserve teams of the country's top soccer clubs, known as B teams. These B teams allowed sides to nurture new talent at minimal cost, as well as to recycle older players...

Middle East Consortium Acquires League 2 Club - 19/07/2009
In one of the more unlikely recent football takeovers, a Middle East consortium has bought Notts County...

Arsenal Split Widens - 09/07/2009
The split among Arsenal's main shareholders has widened after Alisher Usmanov cast doubt on the club's ability to provide enough money for the team to challenge for honours...

Cost Cutting at Reading - 08/07/2009
Reading chairman Sir John Madejski is determined to see the club remain on an even keel...

Real Supremo Demands Euro Super League - 05/07/2009
Florentino Pérez, the recently elected big-spending president of Real Madrid, wants a European Super League and is ready to take on Uefa if they do not adapt...

Livingston On Brink Of Collapse - 04/07/2009
Scottish football club Livingston is on the brink of administration after sheriff officers served notice on the club for unpaid rent to West Lothian Council...

Wrexham Is Debt Free - 04/07/2009
Wrexham AFC says that it is debt free and owns its own stadium, training ground, land and equipment...

Southampton Desperately Seeks New Owners - 03/07/2009
Administrator, Mark Fry, is now scrutinising two new bids from abroad as he desperately seeks new owners for Southampton FC...

June 2009

Usmanov's New Arsenal Ploy - 29/06/2009
Russian oligarch Alisher Usmanov has written to the Arsenal board saying that he is prepared to underwrite a £100m rights issue...

Conference TV Rights For Sale - 28/06/2009
The Blue Square Premiership is confident about selling its television rights after the collapse of its five year £12m deal with Setanta...

Non-League Casualties - 28/06/2009
Folkestone Invicta, themselves a 'phoenix' club that arose from the ashes of the financially troubled Folkestone, could go into administration on Monday unless they find the £70,000 they calculate they need to start next season...

Ofcom Threatens Action Against Sky - 28/06/2009
BSkyB's status in the pay-television market has come under threat after Ofcom outlined plans to force it to offer premium channels, including live football, to operators on rival platfoms...

RBS Writes To Liverpool Fans - 27/06/2009
It is perhaps symptomatic of the importance of finance in modern football that the Royal Bank of Scotland (RBS) has taken the unprecedented step of writing to Liverpool supporters to justify its continuing financial support of the club's American co-owners...

Saints Plight Is 'Grave' - 26/06/2009
Saints administrator Mark Fry has issued a 'grave' warning that he might have to start winding up the club if he can't sell it by next Friday...

Magpies Takeover Near - 25/06/2009
Two groups are leading the bidding for Newcastle United and it is expected that a takeover will be completed by the end of the month...

Expatriates Dominate Champions League - 25/06/2009
Expatriates made up 55.9 per cent of all players, 2.1 per cent more than last season. They also played just under 60 per cent of all minutes played...

Sky Comfortable With ESPN - 24/06/2009
ESPN is owned by Disney whose market value beats BSkyB's parent News Corp by $42 billion to $26 billion dollars. Yet analysts are saying that ESPN could be an easier opponent in the Premiership live television rights stakes than might appear to be the case at first glance...

Merthyr Saved From The Brink - 24/06/2009
Merthyr Tydfil have been saved from extinction after the supporters' trust forced the club into administration...

ESPN Deal Saves Premiership's Bacon - 23/06/2009
ESPN, part of Walt Disney, has bought both the packages of live games forcibly relinquished by Setanta...

Saints Bid In Trouble - 21/06/2009
After talk last week of Kevin Keegan being brought in as manager, the Pinnacle consortium bid for Southampton is in trouble...

The Big Losers From Setanta Collapse - 21/06/2009
The Scottish Premiership, English non-league clubs and possibly the FA stand to lose the most from the prospective collapse of Setanta...

'Big Brother' Firm Endemol Cools On Setanta Deal - 15/06/2009
Production company Endemol has been considering taking a share in troubled sports broadcaster Setanta but earlier plans to be an equal partner in Setanta with Access Industries have been scaled down...

How will Real Madrid pay for Ronaldo? - 14/06/2009
Real Madrid have said that they have a €300m transfer budget his summer, but €68m went on Kaka followed by €92m on Ronaldo...

Pompey Deal: 'Not Me Guv' Says Thaksin - 14/06/2009
Thaksin Shinawatra, the former owner of Manchester City, has denied that he has a financial interest in the proposed takeover of Portsmouth...

Terras In Trouble - 14/06/2009
Blue Square South side Weymouth may be forced into liquidation after they had their overdraft cancelled by Barclays...

How Will United Spend The Money? - 14/06/2009
En route to a football workshop in Amsterdam last Thursday, I was diverted into the Sky News studios at Isleworth to give my views on how Manchester United might spend the money they have obtained from the £80m deal to sell Ronaldo to Real Madrid...

Setanta May Be Saved - 14/06/2009
Access Industries, a company run by billionaire businessman Len Blavatnik, will pay £20m for a 51 per cent stake in Setanta to help it to avoid administration...

Spanish Football Broadcast Rights Settled For Next Three Years - 12/06/2009
After three years of court cases, confusion and chaos the broadcast rights to La Liga and the Copa del Rey (the Spanish FA Cup) have been finally settled...

Will Banks Take Their Ball Away? - 09/06/2009
Football was a banker's playground for much of the last decade but have banks now reached a point where they will take their ball away and end the game?

Middle Eastern Bid For Notts County - 09/06/2009
League 2 Notts County are the target of a takeover bid from the Middle East...

West Ham Changes Hands - 09/06/2009
West Ham changed owners yesterday in a deal orchestrated by Icelandic bank Straumur-Burdaras to head off the threat of foreclosure and a damaging points deduction...

Chaos Reigns At Newcastle - 09/06/2009
Chaos reigns at Newcastle United after the club was put up for sale on its website...

Premier League and NBA Discuss Tie-up - 08/06/2009
The Premiership and the National Basketball Association (NBA) in the US are exploring a marketing and commercial tie-up that would draw on the strengths of the world's two most popular sports leagues...

Serie A The Fastest Growing League - 07/06/2009
Serie A was the fastest growing league in Europe in the 2007/8 season reveals the latest Deloitte Football Finance report...

Setanta Close To Collapse - 06/06/2009
Research group Enders Analysis estimates that Setanta's annual losses in its UK business amount to about £100m...

Wages and Transfer Spending Up - 06/06/2009
Total wages in the Premier League have exceeded £1bn for the first time as England's elite football clubs take advantage of extra television rights revenue...

Liverpool's Auditors Issue Warnings - 06/06/2009
Liverpool FC's auditors have issued a warning about the club's ability to meet soaring interest payments...

Championship Revenues Show Steady Growth - 06/06/2009
The Championship has resumed its path of steady growth, according to Deloitte's Football Finance report...

United Secure Big Shirt Deal - 06/06/2009
Manchester United have once again demonstrated their financial pulling power by securing the biggest shirt deal in football history...

Premiership Revenue Tops £2 Billion - 05/06/2009
The publication of the Deloitte report on football finance is always one of the highlights of the year for those of us interested in the business side of football and we will be providing further analysis from this year's report over the next few days....

Sunderland Doubles Turnover - 04/06/2009
Sunderland has doubled its turnover in its first year in the top flight to over £63m...

Footballers Seek To Avoid Top Tax Rate - 02/06/2009
Premiership footballers are hoping to avoid the new 50p income tax rate by asking clubs to pay their salaries as interest free loans...

May 2009

Setanta's Situation Gets Worse - 31/05/2009
Second force Premiership television provider Setanta is seeing its financial situation deteriorate and the ultimate outcome may be less money for the Premiership...

Fate of Merthyr in Balance - 31/05/2009
The fate of non-league club Merthyr Tydfil is in the balance, but it looks as if the club will go into administration tomorrow...

Accrington Face Winding Up Order - 31/05/2009
Accrington Stanley have been issue with a winding up order by HM Revenue and Customs over unpaid debts, but remain hopeful they will survive...

UAE's Sir Alan Sugar Buys Pompey - 31/05/2009
They may not be the most glamorous club in the Premiership, but Portsmouth now have a glamorous owner with deep enough pockets to help them achieve their ambitions...

Sunderland Go American - 31/05/2009
Sunderland are the latest American-owned club in the Premiership after Irish-American businessman Ellis Short acquired the club...

Bid In For Saints - 30/05/2009
The Matthew Le Tissier backed Pinnacle consortium have entered an exclusivity period with the aim of completing a buy out of Southampton within three weeks...

Latest Instalment of the Burnley Phenomenon - 26/05/2009
In October 2008 I went to Turf Moor to watch Burnley play Hull and the chairman noted in the programme that 'One year in the Premiership would set Burnley up for 10 years'...

Blades Blunted - 26/05/2009
Having failed again to secure promotion to the Premiership through the play offs, Sheffield United face their first season in the Championship without a £11.2m parachute payment...

Relegation Hits Newcastle Hard - 25/05/2009
Relegation from the Premiership is a big blow for Newcastle United's devoted fans, but it is also a big financial blow as well...

Non-League Clubs Go Bust - 24/05/2009
As we have argued for some time non-league clubs are most likely to go bust in the recession. They are often dependent on smaller scale businesses as benefactors which are most likely to be hit by the credit crunch...

Football League Wants A Bigger Share Of The Pot - 23/05/2009
The Football League wants the Premiership to increase its handouts to lower division clubs in proportion to wage rises at the top level...

Footballers To Strike Back Against 50p Tax Rate - 23/05/2009
Premiership clubs are braced for a wave of pay demands from star players in anticipation of the new 50p tax rate on higher earners...

Wigan Top Value League - 23/05/2009
It's an unlikely honour, but Wigan are champions of the Premiership in a 'points for pounds' league that measures the extent to which season ticket holders are given value for money...

Former Owner Rescues Darlo - 23/05/2009
Not so long ago it looked as if Darlington Football Club might fold but now the club has taken the first steps to survival when the businessman who put the club into administration announced he had secured a funding lifeline...

Buyer's Market For Shirt Sponsorship - 18/05/2009
Premiership clubs are facing a buyer's market for team shirt sponsorships...

Premiership Response To Government Criticisms - 16/05/2009
The Premier League has made a number of responses to government criticisms of the way it runs its affairs and whilst the proposed changes do not address the competitive balance or debt burden issues raised by culture secretary Andy Burnham, he has welcomed the Premiership's response...

Money There To Buy Clubs - 16/05/2009
The money is there to buy football clubs, but valuations will have to be more realistic. That is the view of Keith Harris, the executive chairman of investment bank Seymour Pierce...

Phoenix Club Plan in Place for Darlington FC - 10/05/2009
Quakers fans are putting in place contingency plans to create a Phoenix club in the non-league pyramid should the League 2 club fold in the next few weeks as looks increasingly likely...

Merthyr Tydfil FC on the Brink - 10/05/2009
BGB Premier club Merthyr Tydfil chairman Wyn Holloway says there is 'next to no chance' of the Welsh club surviving the summer...

Burnham Wants To Break Grip of Top Four - 09/05/2009
Culture Secretary and Everton supporter Andy Burnham has stepped up his campaign to break the grip of the top four clubs on English football...

Usmanov Upset at Treatment by Arsenal Board - 04/05/2009
Russian billionaire steel magnate Alisher Usmanov is becoming increasingly frustrated at his treatment by the Arsenal board...

Domino Effect of Stockport Failure - 04/05/2009
Unibond North league side Woodley Sports are on the verge of collapse after Stockport County went into administration last week...

Setanta Fighting to Survive - 04/05/2009
Sports broadcaster Setanta is fighting for its life as a new management team holds urgent talks to raise cash and slash the amount it pays for sports rights...

Match Fixing Allegations - 03/05/2009
Football betting specialists Blue Square are 'convinced' some players from both Grays and Forest Green manufactured the result of the final Conference match of the season between the two teams...

Arsenal Takeover Battle Edges Nearer - 02/05/2009
A takeover battle at Arsenal edged nearer after US sports entrepreneur Stan Kroenke became the club's biggest shareholder, leapfrogging Russian billionaire Alisher Usmanov by paying a premium for the shares....

FIFA's 6+5 Policy In Trouble - 02/05/2009
Fifa's desire to force the controversial 6+5 blow on English clubs, which has been seen as a major threat to the Premiership, has been dealt a heavy blow by the European Commission...

Stockport County Have Gone Into Administration - 02/05/2009
Their ten point penalty will not relegate them from League 1, but they could lose more points during the summer if they fail to comply with Football League insolvency policy...

The Price of Relegation - 02/05/2009
Considerable attention is given to the costs of relegation from the Premiership to the Championship, but relegation from the Championship to League 1 can be equally traumatic...

Serie A Clubs Form Their Own Premiership - 02/05/2009
Italian football clubs look likely to adopt the English Premiership model after 19 of the 20 Serie A clubs voted to break away from the Lega Calcio...

April 2009

Cost of Being a Fan Goes Up - 29/04/2009
At least six Football League clubs have begun negotiating with a City-based investment fund in the hope of borrowing money for the close season...

New Investment Fund For Clubs - 28/04/2009
At least six Football League clubs have begun negotiating with a City-based investment fund in the hope of borrowing money for the close season...

Wenger Hits Out At Tax Changes - 27/04/2009
Arsenal manager Arsene Wenger has said that the era of foreign domination in the Premiership will 'soon be over' due to the declining value of the pound...

New Bid For Charlton? - 26/04/2009
South-East London club Charlton Athletic have already been relegated to League 1, but now there is a news of a possible bid which could revive their fortunes...

United Backdown Over Season Tickets - 25/04/2009
Manchester United has struck a deal to cut the number of available season tickets after an investigation by the trading standards watchdog found that the club was failing to guarantee holders a seat for every league and cup game...

MPs Want to Tighten Fit and Proper Persons Test - 25/04/2009
The All Party Football Group has called for a reform of the 'fit and proper persons' test for owning a football club...

Southampton To Fight Points Deduction - 24/04/2009
Southampton are to appeal against the ten points deduction imposed by the Football League. If they are relegated anyway, they would start their League 1 season with minus ten points...

Parliamentary Group Backs Blatter Plan - 20/04/2009
Following a year-long investigation into the state of English football, the All Party Parliamentary Group is expected to back Sepp Blatter's plan for a 'six plus five' rule...

Mixed Fortunes For Non-league Clubs - 20/04/2009
Updates on the latest goings on at Salisbury City, Ebbsfleet United and Team Bath football clubs...

Ownership Issues Bubble On At West Ham - 19/04/2009
The ownership situation at West Ham bubbles on, but the bottom line is that the club is likely to have a secure future with Gianfranco Zola as manager...

New Mystery At Saints - 19/04/2009
With Southampton continuing to face the prospect of relegation to League 1, mystery surrounds a business set up in the name of Southampton Football Company Ltd. which has a former player as its only director...

Fulham Cut Losses - 18/04/2009
Fulham made losses of £7.5m in the year to 30 June 2008, but this represented a halving of losses of £15.2m in the previous year...

Clyde's Future in Doubt - 14/04/2009
Relegation-threatened Scottish first division club Clyde FC are in serious financial trouble and face eviction from the Broadwood Stadium in Cumbernauld new town on April 26th...

Interest Payments Keep United in the Red - 12/04/2009
Manchester United set a record for a British football club for full year sales in the year to June 2008...

Anyone Want To Buy a Conference Club For £1? - 12/04/2009
Is there anyone interested in buying a debt free, mid-table Conference club for £1? If you are, then get in touch with Salisbury City...

Team Bath Quit - 12/04/2009
The college sports team is a standard feature of American life and is particularly important in sports such as American football and basketball...

Setanta Looks For Funds - 12/04/2009
Pay-television company Setanta has held a fresh round of talks with private equity firms in a bid to raise up to £100m following its failure to retain both of its Premiership rights packages beyond 2010...

Easter Day Matches Kick Off Row - 11/04/2009
A row has broken out between leading religious figures and the Premiership over the staging of fixtures on Easter Day with strong letters of complaint being sent to the Premier League and Setanta...

Ben Foster's Old Club May Fail - 10/04/2009
Midland Alliance side Racing Club Warwick has called in the administrators...

Big Losses at Pompey - 09/04/2009
Portsmouth made losses of £16.66 m in the 2007-8 financial year, despite winning the FA Cup...

They're Dancing in the Streets of Raith - 09/04/2009
Kirkcaldy's Raith Rovers are supported by prime minister Gordon Brown and like the prime minister, they face a struggle with unpleasant financial realities...

Orient's Dilemma - 07/04/2009
Since Barry Hearn took over at Leyton Orient in 1995, Brisbane Road has been transformed beyond recognition...

Why Administration is Common - 05/04/2009
Going into administration is a very common reorganisation device for football clubs. Research by John Beech at Coventry University says that since 1986 there have been 68 cases of clubs in English leagues becoming insolvent, some of them more than once...

Taxman Goes After Image Rights - 05/04/2009
HM Revenue and Customs are launching a clampdwn on the way top footballers are paid. They have begun a fresh wave of investigations into so-called 'image rights' payments by Premiership clubs to their players...

Real Fears For Southampton's Future - 02/04/2009
Real fears are being expressed that Southampton Football Club may not exist by the end of the season despite the fact that it has a new stadium and plays in a large and relatively prosperous city....

Spurs Modify Stadium Plans - 01/04/2009
Tottenham Hotspur have released images of their planned new stadium to be built next to White Hart Lane...

March 2009

Battle for Arsenal Hots Up - 31/03/2009
The battle for control of Arsenal has taken a potentially decisive turn after leading shareholder Danny Fiszman sold a third of his stake to American sports franchise owner Stan Kroenke for £42.5m...

Fantasy Football Team Comes to Grief - 29/03/2009
It looked like a dream come true for Ebbsfleet United (formerly Gravesend and Northfleet) when the MyFootballClub scheme was set up, but Ebbsfleet is now threatened with relegation from the Conference...

Darlo Came Close to Folding - 29/03/2009
Darlington came close to being the first Football League club to cease playing during the recession this weekend...

Liverpool Supremo Reviews His Assets - 28/03/2009
The July deadline for Liverpool co-owners George Gillett and Tom Hicks to refinance their £350m loan with Royal Bank of Scotland and Wachovia is looming on the horizon...

Swindon Exemplifies Lower League Problems - 28/03/2009
Lower league clubs are increasingly talking of big cuts in the size of their squads in the summer, the problems they face are exemplified by Swindon, lower mid-table in League 1...

UEFA Denies Fair Play Tax is Attack on Premiership - 28/03/2009
Uefa have denied that their plans for a fair play tax are the latest shot in a campaign to undermine the English Premiership. Europe's richest football clubs, many of them in England, would have to pay a luxury tax on their star players...

Ridley Returns to Rescue Weymouth - 28/03/2009
I thought that the television programme that ran some five years ago about the challenges facing Weymouth was one of the best warts-and-all programmes that has been produced about football in recent years...

Compensation Claims Against Hammers Multiply - 21/03/2009
If West Ham thought they had finally settled the Carlos Tévez affair with an out-of-court settlement to pay £25m to Sheffield United, they were sadly mistaken...

Football Levy Called For in Germany - 19/03/2009
Bayern Munich general manager Uli Hoeness has suggested each household in Germany pay an extra two euros a month to put German league football back on terrestial television...

Fall in Copper Price hits Zambian clubs - 18/03/2009
Four clubs have lost their sponsorship from companies in Zambia's Copperbelt...

Lower Level Troubles - 17/03/2009
I was rung by a leading national newspaper today about the financial problems League 1 and League 2 clubs. There are fears that as many as six could go into administration in the next few weeks...

Liverpool's Commercial Problems - 14/03/2009
Liverpool FC may be on track for what their fans hope will be another Champions League triumph which would offset their less satisfying Premiership performance. However, in progressing as far as they have, they are punching above their weight financially...

Blatter Forecasts Economic 'Tsunami' - 13/03/2009
Blatter argued, 'Football has yet not so much been touched by the first wave of an economic tsunami. But the second wave will touch football, especially with the sponsorship of club football and sport in general...

Stockport County in Trouble - 13/03/2009
League 1 side Stockport County have hit financial problems and considerable efforts are being made to prevent the club going into administration...

Sweden Beat US on Penalties to Win Algarve Cup - 12/03/2009
Sweden beat the United States 4-3 in a penalty shootout in the final match of the tournament after the game ended 1-1 at full-time...

Where the Recession Hits Football - 10/03/2009
In many respects, football has rode out the recession reasonably well so far. The latest Sky television deal has maintained its value, even if ITV and Setanta want to cut back their payments to the FA...

West Ham Play For Time - 09/03/2009
West Ham United's Icelandic owners are hoping for a three months' breathing space to complete the sale of the club...

TV Companies Want to Cut Cost of FA Contract - 09/03/2009
Following significant falls in revenue and profits, ITV is seeking to renegotiate its contract with the Football Association...

Mixed News For Troubled Non-league Clubs - 09/03/2009
Non-league clubs are particularly vulnerable in the economic downturn and there has been mixed news recently for those in difficulty...

Bournemouth Bid Not A Done Deal - 08/03/2009
The seven figure bid by a Middle Eastern consortium for relegation threatened Bournemouth is far from a done deal...

Which Are The Biggest Football Clubs In Eastern Europe? - 02/03/2009
The seven figure bid by a Middle Eastern consortium for relegation threatened Bournemouth is far from a done deal...

February 2009

Big Profit At Argyle - 13/02/2009
Plymouth Argyle made a profit of £1m last year despite funding the highest wage bill in the club's history...

Football Well Placed To Weather Recession - 12/02/2009
Attendances are holding up well across European leagues, although several clubs are changing prices to ensure that their stadiums are full while others...

Rangers Insisted They Won't Lose Out - 11/02/2009
Rangers have insisted that they won't lose out even though sponsors JJB Sports have been hit with financial problems...

1860 Munich Faces Financial Crisis - 10/02/2009
1860 Munich, one of the Bundesliga's founding teams, faces immediate financial problems after the club said that investors brought in to turn it around had provisionally pulled out...

The Scolari Sacking - 09/02/2009
The expensive sacking of Luiz Felipe Scolari as Chelsea manager shows just how important the Champions League has become to top Premiership clubs...

Troubled Times For Dorset Football - 08/02/2009
The top three clubs in Dorset are facing troubled times...

Premiership Money Bonanza - 08/02/2009
Forecasts that the Premiership bubble would burst in the credit crunch increasingly look premature, if not misplaced altogether...

Platini Determined To Limit Spending - 07/02/2009
Uefa boss Michael Platini is determined to level up the playing field in football by introducing restrictions on spending...

Investor Walks Out On Linnets - 05/02/2009
Conference North outfit King's Lynn FC have suffered a major blow...

Sky Seals TV Deal - 05/02/2009
Sky has paid more than £1bn to secure its position as the main Premiership broadcaster...

Transfer Record Broken - 03/02/2009
Spending by Premiership clubs on new players in the January transfer window has hit a fresh all-time high...

Gulls In The Black - 01/02/2009
Torquay United, who were taken over by a consortium of eleven local businessmen 18 months ago, turned a £470,000 loss in 2006-7 into a £10,407 profit...

January 2009

Arsenal Can Cope With Loss Of Champions League Place - 30/01/2009
Arsenal's chances of an assured Champions League place appear to be dwindling, but chairman Peter Hill-Wood has reassured fans about the financial implications...

Football In South London - 26/01/2009
Clubs south of the river have enjoyed brief flurries of success, perhaps epitomised by the rapid rise and subsequent collapse of Wimbledon as a London club...

Liverpool Deal On The Cards - 25/01/2009
Once again the situation surrounding Liverpool Football Club is confused...

Big Losses At Newcastle - 24/01/2009
The depth of Newcastle United's financial problems has been revealed with the first set of accounts from Mike Ashley's spell as owner...

Everton Hit By Stadium Setback - 23/01/2009
Things may be going well on the pitch for Everton, but there are more problems off the pitch...

United Seek New Sponsors - 21/01/2009
As expected, the troubled US insurance group AIG which has been bailed out by the US Government will not be renewing its shirt sponsorship deal with Manchester United...

Chelsea Deny Sale Reports - 19/01/2009
It was claimed that an emissary of Roman Abramovich had gone to the Middle East seeking potential purchasers...

Jamaican Football Clubs Under Pressure - 18/01/2009
Despite the increased sponsorship money negotiated by the Premier League Clubs Association, the majority of the 12 participating clubs in Jamaica's Digicel Premier League, are bracing for the worst...

Tangerines Make Big Profit - 17/01/2009
Dundee United made a £834,000 profit in the twelve months to June 2008, compared with a loss of £989,000 in the preceding period...

York City Make 413K Loss - 16/01/2009
York City have announced a loss of £413,590 for the year ending 30 June 2008. Loan interest, amounting to almost £200,000, represents a significant proportion...

Gloomy View of Spanish Football - 15/01/2009
A study by a professor of finance and economics at the University of Barcelona, Professor Jose Maria Gay, takes a gloomy view of the future of Spanish football...

Madoff Scandal Cost Newcastle Deal - 11/01/2009
An American investor was closing in on purchasing Newcastle United until the Bernard Madoff scandal...

Scottish Clubs Under Pressure - 09/01/2009
As we have argued, football north of the border has taken a big hit from the credit crunch with proportionately more clubs under threat...

Big Losses At Charlton - 07/01/2009
Relegation threatened Championship side Charlton Athletic have reported big losses in the year to June 2008...

TV Bidding War Is On - 04/01/2009
Just before Christmas officials from the FA Premier League sent out invitations to brodacasters to tender for the television rights for the three seasons starting in August 2010...

Morecambe FC Transfer Embargo Enforced - 03/01/2009
Rules in League 2 state that no more than 60 per cent of a club's income can be spent on wages...









 

    [Home] [Contact] [Disclaimer]