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English Leagues


Royals welcome Russian investor

Reading owner John Madejski received roars of approval yesterday when he took to the pitch to announce new investment in the club.     He has sold his 51 per cent stake in the club to Thames Sports Investments owned by Russian timber tycoon Anton Zingarevich.

New kit deal boosts Liverpool

Liverpool have been boosted by their £150m six year kit deal with American company Warrior.   Current manufacturers Adidas had claimed that the club was asking too much and had priced themselevs out of the market.

This is the first season since 1999/2000 that Liverpool have not competed in Europe but managing director Ian Ayre believes that the club's global appeal gives them the financial muscle to absorb revenue lost from missing out on European football.

Baggies record £9m profit

It's a rare thing when a football club makes any profit, let alone a substantial one, but West Bromwich Albion have done just that.   The club made a profit of £9m in the year to 30 June 2011 after a successful first year back in the Premier League which saw them finish 11th.   As a result the club was able to reduce its net debt from £10m to £2m.

Cash boost for Lincoln

Financially troubled Lincoln City have received a cash boost of £500,000.   The club took a big hit when it was relegated from the Football League with an estimated loss of £1m in revenues.   The money has been raised through share sales to individuals and businesses already associated with the club including the Supporters' Trust.   The money is likely to be used to meet running expenses.

Surviving on a budget

Both Norwich City and Swansea City are doing well in the Premiership this year despite operating on a low budget.  How is this possible?

Darlo still alive - just

Despite having the contracts of all players and staff terminated by the administrator, Darlington FC are still alive - just.   It is believed that it would be possible within Blue Square Premiership rules to re-hire them for Saturday's match.

Liverpool go for original stadium design

Liverpool have decided to opt for an upgraded and modernised version of their original stadium rather than go for the futuristic designs favoured by former owners Tom Hicks and George Gillett Jnr.   This means that they will not incur further delays by having to seek planning permission again.

Sicilian in for Pompey

Joseph Cala, a little known Sicilian businessman who also has business interests in the United States, has emerged as the front runner to take over Portsmouth.  He was introduced to the club by former owner Balram Chainrai.

Cala has said that he would invest £20m before floating the club on the New York stock exchange.  The logic of this move is unclear as the recent trend has been for clubs to go private and it is unlikely that there would be much appetite for buying shares in a Championship football club in the United States.

Glimmer of hope at Darlo

There is a glimmer of hope that troubled Darlington FC may yet survive.  The administrator is to hold talks tomorrow with a mystery consortium from outside the area to see if they could be valid bidders.  Adam Pearson, the owner of Hull rugby league club, has denied that he is involved.

Relegation would pose financial questions at Bolton

Relegation is never good news financially for any club, but it would pose special challenges at Bolton.   The club is bankrolled by low profile Isle of Man-based owner Eddie Davies who made his fortune in kettle thermostats.   All the club's debt is essentially owned by him and he is there for the long term.