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Ben Hayes - Charlton Athletic programme

Football Finance

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Debt free status avoids fire sale

When a club becomes debt free, as Dundee United now are, it can help to avoid fire sales of players. This means they do not have to be let go below their market value to boost cash flow.   They can also be retained longer, contributing to playing success and enhancing their value.

Financial fair play affects transfer decisions

Financial fair play is starting to have an effect on the transfer strategies of Championship sides, as the example of Wolves shows.   Clubs are likely to offload players on big salaries, £20k a week in this case, although that is not big by Premiership standards.

Doncaster Rovers takeover fails

The takeover bid by One Direction singer Louis Tomlinson and John Ryan for Doncaster Rovers has failed.   The associated crowdfunding inititaive raised only about half the money required.   The Football League has told the pair that they would not meet its 'fit and proper person' test.

O's sold to Italian businessman

Leyton Orient have become the latest English club to be taken over by a foreign owner after chairman Barry Hearn agreed to sell his 90 per cent stake in the club to Italian businessman Francesco Becchetti who works in renewable energy and waste management..   This shows that even a smaller London club in League 1 can be an attractive proposition.

No deal yet at Villa

Aston Villa owner Randy Lerner has issued a statement saying that talks on the sale of the club have been productive and ongoing.   However, no deal on a sale has been reached eight weeks after the club was officially put on a market.

Salisbury City fights on

Salisbury City has been expelled from the Football Conference.  However, efforts continue to be made to save the club with a window of opportunity provided by the 14 days in which an appeal can be made to the Football Association against the expulsion decision.   Other clubs are to be concerned about the financial implications if the Conference South runs with 21 clubs.

Salisbury City in danger

The co-owner of Salisbury City, Mike Winter, has quit the club and there is now a real danger of the club going into liquidation.   They have until Friday to clear all football debts and pay a £50,000 bond, otherwise they will be expelled from the Football Conference.

Don't sack the manager after World Cup exit

The contract of Greece's manager ran out after yesterday's defeat to Costa Rica, but he came within a penalty shoot out of getting an extension.   Managers whose teams take a relatively early exit often then fall on their sword, but is this a good idea?

Soccer still short of a breakthrough in the US

Every time there is a World Cup one can expect a slew of articles proclaiming that soccer has now 'established' itself in the United States.   To be fair, Major League Soccer (MLS) has made steady progress, but it is still some way behind the major traditional sports such as baseball and American football.

Cost of staging World Cup grows

This infographic shows how the cost of staging the World Cup has grown, while the benefits are generally very small.   For example, in South Africa many of the legacy stadiums are little used.