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"If you want some accessible but informative insight into football then I suggest you couldn't do better than the Political Economy of Football website, which is not only intelligible but comes with the added bonus of being written by Addicks fan Wyn Grant."
Ben Hayes - Charlton Athletic programme

The Premiership


New era in football finance

In the past wealthy individuals from the Middle East and Russia with money to burn bought football clubs as a prestige acquisition or a form of political insurance.   By and large, the days of individuals with deep pockets are over for reasons that have been discussed before on this page such as the fall in the oil price.

Empty seats at the Emirates

The announced attendance for Arsenal's Champions League game against Dynamo Zagreb was 58,798, but it seems that the actual attendance was around 50,000.   Clubs, of course, customarily include season ticket holders in attendance figures whether they are there or not.

£23.1m loss at Chelsea

Chelsea made a £23.1m loss in the financial year ending 30 June 2015, but remained compliant with financial fair play rules.   Turnover was down slightly from £319.8m to £314.4m.   Commercial and matchady revenue was broadly steady.

Hunting success

Leicester City's position at the top of the Premiership table is the first time any Midlands club have led the table beyond August since Aston Villa did in the autumn of 2001.  Leicester are also the first post-August leaders since 2002 who have not played in the Champions League during that period.

Aston Villa are, of course, now bottom, reflecting the sad state of West Midlands football.  At least local politicians, albeit under some pressuere, have agreed at last to set up a West Midlands Combined Authority.  Once again they are lagging behind Manchester.

Premier League to act on away ticket prices?

It appears that, following sustained pressure by fans, the Premier League may be prepared to take broader action than it has done so far on away ticket prices.

Scarves as symbols of protest

Paul Breen discusses how scarves have been adopted as symbols of protest by football fans.   This was started with the green and gold protest at Manchester United.   It didn't dislodge the Glazers, but it did give a boost to the supporters' trust.    The tactic was also adopted by Arsenal fans over the issue of high ticket prices.

American investment boost for Palace

Crystal Palace have agreed in principle a deal with American investors to take a 36 per cent stake in the club. The lead investor is Josh Harris, owner of the New Jersey Devils and Philadelphia 76ers. Talks have been taking place for some time, but stalled earlier in the year.  An agreement is expected by Christmas.

Manchester United set to break through £500m barrier

Manchester United are set to become the first club to break through the £500m barrier after reporting record first quarter results of £123m.  Annual revenues should be in the region of £500m-£510m.

The return to the Champions League, and sales of the new Adidas 2015-16 shirt, contributed to revenues that were up by 39 per cent.

However, profits declined from £8.7m in the same period last year to £5m.   This reflected losses of £7.4m on player trading.

West Ham one of the most exciting 'projects' in Europe

The author of the impressive Swiss Ramble blog has provided another of his in depth analyses of football finances, this time of West Ham United.

With the impending move to the Olympic Stadium, he considers that they are currently one of the most impressive 'projects' in European football.  He sees parallels with Manchester City's move to the Etihad, but notes that they are in London in an area that is attracting significant foreign investment.

Is Anfield losing its atmosphere?

I always enjoyed my visits to Liverpool when Charlton were in the Premier League.  It was one of the most atmospheric, if not the most, atmospheric stadiums in the country.

Now Jurgen Klopp has complained about early leavers.   Admittedly, that's a phenomenon everywhere given transport congestion after games.