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Football Finance


Arsenal ready for transfer splurge

Arsenal have £200m in a bank and are prepared to authorise big spending on transfers this summer, according to Arsenal director Lord Harris.   The club would be prepared to break its £42m transfer record.

The actual transfer budget for the summer is £50m.   There is no doubt that the club's financial transfer position has improved since the greater part of the costs of the move to the Emirates was met.

Bristol City fans complain about Owls ticket prices

It looks as if most Bristol City fans will stay away from their first game back in the Championship after it was revealed that getting into Hillsborough would cost them £39.   The cost of travel from Bristol will not be small and when you add in food the total cost could start to approach £100.

Wenger: United have abandoned youth policy

Arsene Wenger has accused Manchester United of abandoning their traditional youth development policy in favour of using their financial firepower.  He contrasted their approach to that of Arsenal, which he claims remains geared to producing players, albeit many of them recruited as teenagers from all over the world.

Wenger admits that United do not have the calibre of players like Ryan Giggs and David Beckham inside the club because youth talent is spread more through 20 clubs than it was a couple of decades ago.

Bournemouth's potential

Looking at Bournemouth's prospects in the Premiership, this article argues that the club is situated in a 'football wilderness'.   I'm not sure that Southampton being 35 miles away makes it quite like that.

Uncertainty surrounds Cobblers takeover

Uncertainty is surrounding the takeover of Northampton Town by a mystery Indian consortium.   One question has always been what the motivation would be to acquire a League 2 club, albeit one in a reasonably prosperous area with some potential for progress.   

Nearly a month has passed since chairman David Cardoza announced the heads of terms agreement with the mystery buyers, leaving rumour to fill the void of information coming from the club.

Villa talks dead in water

Aston Villa manager Tim Sherwood has said that takeover talks for the club are 'dead in the water'.   Exclusivity had been granted to a mystery consortium over a £150m takeover, but talks collapsed.

This means that Randy Lerner has failed to sell the club for a second successive summer.   The question that arises is, why?   There is a healthy appetite for acquiring Premiership clubs given the new television deal which means that they require less in the way of subsidy from a new owner.

Valencia hopeful of brighter future

Singapore billionaire Peter Lim acquired control of Valencia last year.   The club had struggled financially for years with debt increasing faster than income.

His plans remain unclear, but there are hopes of a brighter future.   As the Spanish economy recovers, that should also help.

French football 'heading for cemetery'

With its finances in an ever worsening state, French football is heading 'straight for the cemetery' according to Montpellier coach Rolland Courbis.   A better television deal has been secured, but it is still dwarfed by what the Premier League obtains.

Reading's finances in better shape

Reading's finances are now in better shape according to majority shareholder Narin Niruttinanon.   However, he admits that he initially underestimated the magnitude of the task facing him.

Like most Championship owners, he sees the enhanced riches of the promised land of the Premier League beckoning him.  Whether Reading will have the financial muscle, and whether they spend wisely, remains to be seen.

Not wanted on tour

It's not unusual for home fans to grumble about pre-season tours, seeing them as cynical marketing exercises that do little to prepare players for the rigours of the season ahead, and sometimes see them getting involved in unfortunate incidents that bring bad publicity.