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Division Two

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One in five clubs in poor financial health

One in five clubs in the English Football League is in 'poor financial health' according to a survey by administrators Begbies Traynor.   Of 68 teams surveyed in the three divisions of the Football League, 13 have signs of distress such as serious court actions against them, including winding-up petitions, late filing of accounts and 'serious' negative balances on their balance sheets.

Loons post a loss

Forfar Athletic made an operating loss of just under £36,000 in the year ended 31 May 2010.  On a turnover of £261,417, this represents a loss of nearly 14 per cent.