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Ben Hayes - Charlton Athletic programme

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The resurgence of Newport County

It's been a good year for Welsh football. Swansea City won the League Cup and established themselves as a force to be reckoned with in the Premiership where they will be joined next season by Cardiff City.

But in many ways the most remarkable story has been that of Newport County, albeit their promotion out of the Conference was achieved at the expense of another Welsh club, fan-run Wrexham. They are back in the Football League after a quarter of a century away.

Kuwaitis swoop for Blue Square South side

Foreign investment now reaches into the second level of the non-league pyramid with Kuwaiti firm KEH Sports Ltd. acquiring Ebbsfleet United.   A subsidiary of the Kuwaiti European Holding Company, they have been advised by former Charlton Athletic chief executive Peter Varney.

Worcester City under threat

The future of Worcester City football club is under threat. It's always questionable whether a club should sell its ground without having a new one to go to. Next season there will be a ground share at Kidderminster which is not an easy journey from Worcester (not least because it means coping with the joys of the Kiddy ring road).

Aldershot Town FC enter administration

Aldershot Town FC have entered administration following their relegation from League 2. They have debts totalling £1m, of which £300k is owed to football creditors. Player wages for April were not paid.

Club chairman Shahid Azeem had been in talks with owner and majority shareholder Kris Machala over acquiring his stake in the club, but the talks broke down after Machala demanded proof of funds.

Kuwaiti company gears up for European football investment

Former Charlton chief executive Peter Varney has been appointed as chief executive of a Kuwaiti company seeking to make investments in European football. KEH were founded in 2008 and up to now have focused on real estate, tourism and health care.

KEH have extensive property investments interests in Sussex, including a major property development at Newhaven which includes a water park. They also own the Ambassador hotel on the Eastbourne seafront.

The cruellest drop

The Football Conference may have become a de facto fifth division, but relegation to it is the cruellest drop of all.   Only two teams come back up each year and many of the clubs playing there were at one time in the Football League.   There is even the risk of falling further, as has happened to Stockport County this year.

No pay for Hereford players

Hereford United players were sent a group text yesterday telling them that they will not get their wages for April. The players were already owed money as they were not paid in full in March.

The price of relegation from the Premiership

Today's Times publishes an informative survey of the finances of each club in the Barclays Premier League. Net debt figures at many clubs are high in relation to turnover. But one has to remember that many businesses operate on the basis of a platform of debt. Of course, if insecure debts are divided up, re-packaged and sold on, that is when you get the kind of problems that led to the global financial crisis.

Totton tells a tale

Meteoric rises involving benefactors who then withdraw their support often end in tears and that, sadly, appears to be the story at AFC Totton.   Players' wages have gone unpaid and there was even talk of a strike over Easter.

Search for new Conference sponsor is on

With the completion of the takeover of loss-making Blue Square by Betfair, the search for a new sponsor for the Football Conference is on. Indeed, the Football League does not have a headline sponsor for next season. Undoubtedly a sponsor will be found in both cases: the real question is how much they are prepared to pay.