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Ben Hayes - Charlton Athletic programme

Scottish Leagues

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Celtic turn profit into loss

Celtic have turned a £4m profit into a £11m loss in the year to 30 June.  The explanation is a failure to reach the group stages of the Champions League and a reduction in transfer income.  Revenue fell by over a fifth to £51.1m.

Schoolboy club seek league place

Total Dublin schoolboy side St. Kevin's Boys are considering applying for a place for a senior side in the League of Ireland.   It's a response to being denied a place in the new national under-17 league.  They were told that there were too many Dublin sides already.

The trend to ban football journalists

Alex Thomson of Channel 4 News has been writing a series of blogs about the increasing trend of banning 'off message' football journalists from clubs.    Newcastle United and Swindon Town have been two of the worst offenders, but Rangers and Celtic have also got in on the act.

Scottish football getting its finances in order

Scottish football is starting to get its finances in order according to the latest survey by a firm of accountants.   However, despite greater prudence, only one Premier League club expects to make a profit after player trading and depreciation.

New mascot causes social media storm

Partick Thistle don't normally get a lot of attention, but their terrifying new mascot has caused a social media storm.    If nothing else, it should put a stop to 'Partick Thistle nil' jokes.  However, if mascots are mainly meant to appeal to younger children, this one doesn't fit the bill.   It would probaby give them nightmares.

Long haul for Rangers

It could take at least five years for Rangers to regain parity with Celtic, a football expert has warned.

The club is currently losing £1m a month.   Dave King has promised to invest £30m, but so far all that has been forthcoming is a £1.5m unsecured loan.

Police raid Sports Direct HQ

Police have visited the headquarters of Sports Direct in Derbyshire as part of an ongoing investigation into takeovers at Rangers.    Sports Direct owner Mike Ashley has a nine per cent stake in Rangers.

Good and bad news in Rangers accounts

The latest accounts from Rangers for the six months to December 31st contain both good and bad news. On the postive side, the operating loss was down by £800,000, largely reflecting the fact that costs were down £1 million.  Revenue was stable at £13m, reflecting the fact that the alienated fans who had decided to stay away had already gone.

What happens to Rangers is key for Scottish football

What happens to Rangers is key to the financial salvation of Scottish football argue insolvency experts Begbies Traynor in their latest report on the state of the game.   A five per cent decline in attendances can largely be attributed to the boycott of Rangers.

Rangers board shore up defences against Ashley

The new directors at Rangers have made loans of £1.5m to the club to keep it afloat while they seek longer-term finance.   This means that they will not have to take the second tranche of a loan of £10m from Mike Ashley which would enable him to appoint directors to the board.