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English Leagues


League block Pompey bid

The Football League has blocked the proposed takeover of Portsmouth FC by the group led by Keith Harris.   This is not so much a vote of confidence in the fans' takeover by Pompey Supporters Trust (PST) as an expression of concern about the further uncertainity that would result from the new bid.

New offer for Pompey

PKF, the administrators of Portsmouth FC, have confirmed that they have received a new offer for the club. If the offer succeeds, it will mean the end of the attempt by Pompey Supporters' Trust (PST) to secure control of the club.    Portsmouth would have been the first former Premier League club to be run by a fans' trust.

Chelsea give ground on financial fair play

It looks as if the Premier League will be able to agreed a watered down domestic financial fair play deal at its meeting today after Chelsea moderated its position.   The key consideration for Chelsea was alllowing owners some scope to cover losses and it looks as if a figure of £105m over three years or £35m a year will be agreed.

Hard line opponents Aston Villa, Fulham, Manchester City and West Bromwich Albion will still vote against the deal but it should be possible to secure the required 14 votes to allow changes to occur.

New bid for Blues

Birmingham City's owners have announced that they have been approached by a sport management company representing a consortium that is interested in taking over the club.   No further information is available at present about who is behind the consortium but lawyers representing the club are holding discussions with them.

Former QPR chairman Gianni Paladini has expressed an interest in acquiring the club for some time, but this has not led anywhere.

Lower losses at Owls

Operating losses narrowed at Sheffield Wednesday FC to just under £5m in the season when the club secured automatic promotion to the Championship.   But chairman Milan Mandaric said much work was still needed to repair years of 'mismanagement' on and off the field.

Turnover in the year to 31 May 2012 increased by £1.5m to £10.9m helping the club reduce operating losses to £4.9m – down from £6.8m in 2011. Despite the reported operating loss, the club said cash outflow from operating activities was only £1.2m compared to £6.7m in 2011.

Worcester agree to ground share

After protracted negotiations, Worcester City have agreed an initially one year ground share deal with Kidderminster Harriers.   It is believed that City will pay a four figure fee per game.    Their historic ground at St.George's Lane is due to be demolished at the end of the season.

Fans frustrated by the delay in building a new ground at Nunnery Way have put in place plans to construct a scaled-down stadium at Perdiswell.

Big projected loss at fan run club

Fan-run Chester FC look set to lose £75,000 this season.   The BSB North leaders made a profit of £107,826 in their first season after they were formed following the winding up of one time Football League club Chester City.   Last season they made a small loss of £2,970.

Three clubs account for over 50% of transfer window spending

Premier League clubs spent around £120m in the January transfer window, according to analysis by the Sports Business Group at Deloitte, the business advisory firm. This figure is double the total amount spent in January 2012 (£60m), but far short of the record level of £225m in January 2011.  

Robins aren't rocking

One club for whom the transfer window came to an unhappy end is Swindon Town FC.   Three signings have completed their medicals and the terms had been agreed, but then the Football League stepped in to say that the deals could not go ahead, according to the club's website.

The club has been on the brink of administration, but a takeover deal has been agreed with a local consortium led by Jed McCrory.   He currently owns Southern League Banbury United where he has been in charge for six months.

Strategic transfer spending except at QPR

The final analysis is yet to be done but it seems that spending in this year's transfer window was about double that of 2012, but below the 'splurge' level of 2011.   It seems that most clubs have taken a strategic viewpoint, analysing their long-term needs.