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Ben Hayes - Charlton Athletic programme

The Premiership

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Unknown brands chase football sponsorships

Spread betting and foreign exchange brokers are chasing endorsements and sponsorships from top football clubs while regulators gear up to clamp down on the way they are marketed to retail investors.  There is a trend for partnerships between small, often unknown brands offering FX and contracts-for-difference (CFD) trading with some of the biggest names in global football.

Wenger says FFP will have to change

Arsene Wenger has claimed that changes are to made to Financial Fair Play (FFP) regulations within the next 12 months.  No doubt the real agenda here is Paris Saint-Germain.  

Record annual revenues at United

Manchester United achieved record annual revenues in the year to 30 June 2017.  Revenues increased 12.8 per cent compared to the previous season to £581.2m,   Earnings before deductions for tax, depreciation etc. increased more than 17 per cent to just under £200m.   Pre-tax profits increased 7.7 per cent to £39.2m.   The improved performance was largely due to higher broadcasting income and Europa League success.

Which player offers most value for money?

One can spend millions on a player who then doesn't live up to his potential, doesn't fit in with the rest of the squad, causes trouble in the dressing room, gets injured and eventually has to be sold at a loss.

Alternatively, one could spend relatively little on a player who fits into the team well, keeps himself fit and shows more talent than was anticipated.

Farewell then, Frank de Boer

After 77 days in charge Frank de Boer has been sacked as Crystal Palace manager and it looks as if he will be replaced by Roy Hodgson.

Some might think that Palace have done very well to stay in the Premier League, but de Boer was supposed to take them to the next level.   This involved imposing a different style of play which the squad was clearly unhappy with, or at any rate needed more time to get used to.

La Liga plays catch up as it goes global

Most people would agree that the top two leagues in Europe are currently the Premier League and La Liga. Serie A has slipped back somewhat, in part because of a variety of scandals.  The Bundesliga is catching up in the money stakes and the French Ligue 1 has a higher profile simply because of PSG.

However, according to figures from Deloitte, the Premier League's clubs generated €4.9bn in revenue in the 2015/16 season, whereas La Liga generated €2.4bn.   There is a lot of catching up to do and La Liga knows that it is behind the Premier League on the globalisation curve.

The changing nature of sponsorship

Writing his diary column in The Times on Saturday, Daniel Finkelstein seemed rather baffled by the arrival of shirt sleeve sponsorship at Chelsea, although we have discussed it here.  It is simply the latest way of extracting money from commercial sponsors.  

Whether they get value is for them to decide, although it is all tax deductible.  I doubt whether I get any value from my advert for this site in the Leamington programme, but it is another way of supporting a cash strapped club.

Redknapp gives it large on transfer window decision

One of the rituals of transfer window day when Harry Redknapp was at Premier League clubs was him rolling down the car window as he left the training ground and giving it large on what he thought was happening.

Now supremo at Birmingham City, Redknapp was ready with his views for Radio 5 on the decision by the Premier League to close the transfer window before the start of next season.   Redknapp was all in favour, reckoning that it would stop players feigning injury while they waited for a move.  Who could he mean?

Vialli pitches crowdfunding scheme

We recently reported on the success of Stevenage in raising funds for a new stand through a mini-bond, even though the cluib has a wealthy owner. This was done through Tifosy which claims to be 'the only fully authorised sports crowdfunding platform' after being approved by the Financial Conduct Authority,

Former star footballer Gianluca Vialli is the founder of the platform alongside chief executive Fausto Zanetton, a former investment banker with Goldman Sachs and Morgan Stanley.   This week Vialli has been pitching the concept to the Financial Times.

Tebas keeps up the heat on City

Spanish league president Javier Tebas is keeping up the heat on Manchester City.  He has threatened to complain to the European Commission if Uefa do not take action against Manchester City as well as Paris Saint-Germain for an alleged breach of state aid rules.   If that complaint does not succeed, they will resort to the courts.

However, he has also opened a new front over five players loaned to Girona, which is part-owned by City. For their part, City have described some of Tebas's comments as 'pure fiction' and they are taking legal advice.