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Ben Hayes - Charlton Athletic programme


Clubs get euros compensation

UEFA’s established a €100 million fund to compensate clubs for releasing players for the 2012 European Championship qualifiers and finals.    For example, Norwich City received €57,652, about £46,000.

Sisu defend their actions at Sky Blues

Controversial Coventry City owners Sisu have committed to the club for the next three years, a fans' forum was told last night.  Sisu have now pumped £42 million in to the club – £35 million of which they have written off as equity.   Former director and front man Onye Igwe has left the board and Sisu altogether.

Truro's troubles continue

Truro City has put out a desperate appeal to fans to come to the game on Saturday so it can continue to operate.  The administrators in charge of the club said the gate receipts were its only income.

Difficult choices at Leeds

This article contains some interesting information on the financial situation at Leeds.  It is based on work commissioned by the Supporters' Trust there from an outside financial expert.

United value falls

Manchester United have seen the club's value drop by about £137m since their flotation on the New York Stock Exchange just over a month ago.   

The Initial Public Offering was priced at $14 a share, below the $16 - $20 price targeted by the Glazers. However, the share price dropped to a low of $12.59 this week, a 10.1 per cent dip.   This meant that the club was valued at £1.29 billion compared with £1.42 billion on the August 10 launch date.

Italian consortium bids for Blues

An Italian consortium headed by former QPR owners Gianni Paladini and Flavio Briatore has made a bid for Birmingham City.   One report states that a bid of £12m (which would be laughable) has been rejected, but the BBC is putting the bid at £25m.

This is short of the £40m leading shareholder Carson Yeung wants, having paid £81.5m for the club three years ago,   There is also an outstanding loan of £7.8m owed to Birmingham International Holdings Ltd. which Yeung would want covered in any deal.    

Middle East bid for Pompey

Rumours of a bid by a Middle East consortium for Pompey have been confirmed.   They will need to put a credible bid together quickly, as the other two bidders, former owner Balram Chainrai and Portsmouth Supporters' Trust, have been given until this Friday to finalise their bids.

Stadium setback for Gloucester

Gloucester City feel let down after being told by council planners to go back to the drawing board over their plans to rebuild their stadium.   Their Meadow Park home was badly flooded in 2007 and since then they have played at Forest Green Rovers, Cirencester Town and Cheltenham Town.

Palace likely to stay at Selhurst

It seems likely that Crystal Palace FC will stay at Selhurst Park.    Plans had been drafted for a £40m, 40,000 seater stadium at the National Sports Centre, but planning issues have proved an obstacle.

Liverpool run the risk of falling behind

Liverpool's commercial income has improved, but the club is in a less good condition than it was when it was bought by Tom Hicks and George Gillett Jr in early 2007.    Then they were en route to a second Champions League final in three seasons and a new stadium in Stanley Park was a real prospect.