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

Football Finance


The case for and against raising Liverpool's ticket prices

Fenway Sports Group have received praise for withdrawing their plan to increase ticket prices at Liverpool in the face of fan protests.   National fan organisations hope that it will be the start of a wider move to freeze or reduce prices.

Cardiff owner writes off debts

Cardiff City owner Vincent Tan has converted £65m of the club's debts into equity.  He hopes that the club will be debt free in five years.

The club is currently under a transfer embargo for a breach of financial fair play rules, but he hopes this move will lead to the lifting of the embargo.

Manchester United stride ahead financially

Despite disappointment on the pitch, Manchester United are striding ahead financially.   They are on track to become the first English club to earn £500m in a year.

Their second quarter figures for the period ending 31 December 2015 show that revenue was up by 26.6 per cent to £133.8m.   Commercial revenue was up a staggering 42.5 per cent to £66.1m, driven by the lucrative new deal with adidas.

Hibs fans urged to give bigger backing to buy out

Hibernian fans have been urged to give greater backing to their buy out vehicle, Hibernian Supporters Limited.   So far they have contributed £250,000 and own seven-and-a-half per cent of the shares.  It is hoped that by the end of the year they will have raised £500k.

Premier League to end relegation?

There has been renewed speculation about the possibility of the Barclays Premier League ending promotion and relegation on the American model.   This latest bout of speculation has been inspired by the impending takeover of Everton which, it is suggested, could mean that there would be the necessary fourteen clubs to vote through change.

With the increasing broadcasting revenues, a number of clubs are taking the view that relegation is no longer affordable.

Everton deal moves closer

With due diligence undertaken, a £200m takeover of Everton could be completed in the next few weeks.  It is understood that the pace of talks has picked up.   Two China-based investors are also interested, but they have made much less progress.

The club has emphasised that the construction of a new stadium nearby in Walton Hall Park will depend as much on a partnership with the city council as outside investment.

Liverpool discuss ticket price structure

Fenway Sports Group (FSG) and senior officials at Liverpool discussed the club's controversial new ticket pricing structure after around 25 per cent of fans walked out in the 77th minute of the game against Sunderland.

FSG were apparently surprisd by the size of the protest and disappointed by accusations of avarice.  They felt they had covered the issues raised during the consultation period.  However, more prices have gone up than come down.

Rangers ends joint venture with Sports Direct

Rangers is ending its joint venture with Sports Direct having seen off a legal challenge from the chain. Rangers gets just 4p in the pound from merchandise sold from the deal.  Unfortunately, there is a seven year notice period so disentangling from it may not be easy.

Magpies take a risk

Newcastle United were the biggest spenders in the Barclays Premier League last month, investing £28.5m on three new players.   They appear to have taking a calculated risk that the signings will move them up the table.   Not only are they paying high wages, they have not protected themselves financially in the event that they go down.

Transfer spending goes through £1 billion barrier

Premier League clubs spent £175m in the January 2016 transfer window, according to analysis by Deloitte, the business advisory firm. This brings the total gross spending by Premier League clubs for the 2015/16 season to over £1 billion, a new record. This surpasses the previous season record of £965m, set last season.