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The Premiership

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Row over Premier League sponsorship

Barclays Bank have indicated that they will not renew their £40m a year sponsorship of the Premier League when it ends in 2015-16.   They may well feel that they have extracted all the value they can from it and the association with such a wealthy competition may not be the best one for a bank given recent criticisms of the industry.   At times, they have also felt that their name is not mentioned enough in stories about the league.

Magpies are latest club in profit

Newcastle United are the latest Premier League club to report a profit for the 2012-13 season, £18.7m up from £9,9m in the previous financial year.   This is the fourth consecutive year in which the club has made a profit.

As far as fans are concerned, this profit has not been reflected on the pitch with a thin squad and insufficient acquistions of new players.   The club is £129m in debt to owner Mike Ashley.

Check the financial health of your Premiership club

Mail Online have produced a very useful summary guide to the financial health of Premiership clubs.  In the days before the advent of the internet we would have called it a 'cut out and keep guide'.

Good results at Southampton

A good season on the pitch for Southampton FC has been matched by a good set of financial results for 2013-14.   Southampton have more than exceeded the expectations of the pundits, some of whom were forecasting relegation at the beginning of the season.

'Transformative moment' for Premier League

Premier League clubs have made their first collective profit for 15 years.  Dan Jones, a partner at Deloitte's authoritative Sports Business Group, hailed the news as a 'transformative moment'.  It showed that the Premier League could keep a grip on costs while still attracting top players.   He commented, 'You can still afford to compete on talent and still have money left at the bottom line.'

Greg Dyke declares war on Premier League

Football Association chairman Greg Dyke has declared war on the Premier League with his proposal for drastic changes to the home grown player rule.   The Premier League relies on searching the world for the best mature talent and enticing players with high wages, even if sometimes expensive mistakes are made.

While saying that he would prefer to proceed by consensus, Dyke has made it clear that he will be prepared to force the changes through.  He has said that he could get Uefa  to change the rules or the Football Association could change the rules.

Rangers board shore up defences against Ashley

The new directors at Rangers have made loans of £1.5m to the club to keep it afloat while they seek longer-term finance.   This means that they will not have to take the second tranche of a loan of £10m from Mike Ashley which would enable him to appoint directors to the board.

Sunderland benefit from television deal

The latest accounts from Sunderland AFC for the 2013-14 financial year show the benefits a smaller club derives from the Premier League television deal.   Broadcasting revenue, up from £44.9m to £71.8m was over five times gate revenue at £13.7m up from £12m.

Could the Premier League lose a Champions League spot?

Winning a place in the Champions League is the real prize in the Premier League these days.  With Chelsea seemingly champions-elect, all the focus is on which teams will be able to qualify.  

The Europa League is not a consolation prize, but more of a punishment.   It involves a gruelling season of long trips to little known teams in obscure countries.   It has probably held Everton back this season. Southampton fans I know are dreading a trip to Kazakhstan.

New Palace owners will not splash the cash

The takeover of Crystal Palace by a consortium led by Josh Harris, an American private equity investor, is expected to be approved by the Premier League within the next few days.

The formal change of ownership may not be announced for some weeks, but the parties have been in talks for six months and have built up a good working relationship. The purchase price is thought to be in the region of £100m.

The consortium includes several prominent Wall Street figures, many of whom are involved with the New Jersey Devils, an ice hockey team, and the Philadelphia 76ers of the NBA.