Skip to main content

"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

Share/Save

Can Hereford United avoid administration?

As it so happens, I had a pleasant day out in the mild autumn weather in Herefordshire yesterday.  The road signs at the county border showing a bull and a 'we can' slogan got me thinking about the fate of Hereford United.   When I got home there was an e-mail directing me a statement by the club about its financial plight.

Rangers: my part in its downfall

Craig Whyte has set out a defence of his actions at Rangers in an interview with the BBC.    In particular, he makes allegations against the administrators, claiming that they knew about the Ticketus season ticket deal which enabled Mr Whyte to buy the club.

Sleeping giant or dysfunctional club?

Port Vale fans deserve some luck and they may have got it in the shape of Alchemy Investment Group, named today as the preferred bidder to take the Burslem club out of adminstration

The latest issue of Four Four Two has a feature article on Port Vale headlined 'Britain's most dysfunctional club.'   There are a few others that might deserve that title, but Vale fans have certainly been to hell in a handcart and back.

Swans make big profit in Premiership

The financial benefits of being in the Premiership are demonstrated by the profit after tax of £14.6m on a turnover of £65.2m achieved by Swansea City in their first year in the top flight.   This in spite of the fact that operating costs, particularly wages, doubled following promotion.   However, in their promotion year the Swans made a net loss of £8.3m.

State aid probe could hit West Ham bid

West Ham's bid for a tenancy at the Olympic Stadium could be held up by a state aid probe by the European Commission.   Competition commissioner Alexander Italinier has given notice of an investigation into the public financing of stadiums used by professional clubs.    

Investors to target Championship

The Financial Times runs some good pieces of analysis on the business side of football, although invariably they seem to rely quite heavily on quotes from the admittedly authoritative and very well informed Dan Jones of Deloitte Sports Business.

'No worries' says Chainrai

Balram Chainrai has brushed aside concerns expressed by the Football League about whether he is a suitable person to run a football club, but the future of Portsmouth FC is once again uncertain.

His Portpin group was thought to be favoured by the administrators to take Portsmouth out of administration.   However, the reservations expressed by the football authorities put the Portsmouth Supporters' Trust in pole position.

'Here we go again' say Newcastle fans

The following statement has been issued by Newcastle United Supporters Trust:

Qatar stake in AC Milan?

In between sorting out his other problems, former Italian prime minister Silvio Berlusconi has been looking for foreign investment for AC Milan who need a shot in the arm to revive their fortunes.   It looks as if his boat may have come in.

Truro City given another chance

Truro City now seem to have been given more reprieves than the average prisoner on an American death row.   The latest stay of execution is for one week.

To be fair to the Conference, who held an emergency board meeting to discuss the issue, it's a case of damned if you do and damned if you don't.   The Conference have been criticised for giving clubs too much rope, but also for doing not enough to help them.