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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


Financial fears hit Rangers

Rangers have insisted that their on pitch performance will not be distracted by off pitch speculation about their financial position.   In a statement they complained of 'a whispering campiagn by people determined to damage the club.'    They have said that they would back a police probe into how court papers were leaked.

Mittals would have preferred to be sole owners at QPR

Amit Bhatia, the vice-chairman of QPR, had admitted that the Mittals would prefer to be sole owners of the club in an interview with the Financial Times.   However, the Mittals and new majority shareholder Tony Fernandes are getting along fine, despite a minor difference of opinion aired on Twitter about whether to sign David Beckham.

Rovers fans complain to owners

Blackburn Rovers fans are the latest group of supporters in the north-west to express their dissatisfaction about the way in which their football club is being run, following the protests planned for today at Everton.   Rovers fans are thinking of organising their own protest for the home game against Arsenal on September 17th.

No deal at Argyle

No deal has yet been reached to secure the future of troubled Plymouth Argyle.  On Thursday Kevin Heaney, the man behind the Gibraltar-based Bishop International bid, told BBC South West, 'If the administrators will not get the deal over the line on Thursday I will walk away.'   However, subsequently the Truro City owner and property developer has vowed not to walk away.

Everton FC fans plan protest

The Blue Union coalition of Everton FC supporters' groups is planning a protest march outside Goodison Park before Saturday's game against Aston Villa.    The coalition has reiterated its call for Bill Kenwright, the chairman and majority shareholder, to sell up and leave.   After another transfer window that produced little excitement with just three players coming in on loan, a growing proportion of fans is concerned that the club is stagnating under his leadership.<

Football clubs may sell retail bonds

Retail bonds are a new form of financial instrument that have been resorted to by cash strapped small and medium-sized companies as well as by the John Lewis Partnership.   David Walker, partner at Memery Crystal, has advised on a number of the deals and he says that 'The bond allows companies to connect with their client base or "following" and involve them in the development of their business.'

Wage bills and success

Using figures from Deloitte this Liverpool fan site makes a comparison between the wage bills of Manchester United and Liverpool and shows that the differences are relatively small over a ten year period.   The writer points out that Spurs managed to finish fourth with a wage bill that was £56m smaller than that of Liverpool.

Where's the money gone?

That's the question being asked by Blackpool fans.   The club is thought to have netted £40m from its year in the Premiership, it is due the first of £14m of parachute payments (with three more come in successive years) and £8m was received from the sale of Charlie Adams and D J Campbell.   From a fans' perspective the three best players have gone and there have been no replacements of equivalent quality.

Argyle administrators start to look elsewhere

It's now 123 days since Bishop International Limited was named as the preferred bidder for Plymougth Argyle and with no deal in sight it it is no wonder that the administrators have resumed talks with other possible bidders.

City get loan on tough terms

The parent company of Birmingham City has secured a £6.3m loan, but it will have to pay it back at a substantial rate of interest.   Birmingham International Holdings will borrow the money from the group's new deputy chairman, Yang Yue Zhou.  But they will have to pay an interest rate of 12 per cent.  The loan will be for two years and will be used to repay debts and for general working capital.