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Ben Hayes - Charlton Athletic programme

Football Finance

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AS Monaco's dilemma

AS Monaco face a difficult financial balancing act.   In 2014-15, the club made €117m, less than a third of Paris Saint-Germain's total for the same campaign.  With little match-day and commercial revenue, they are very reliant on Champions League qualification.    They can make €2m from a Champions League game.  This means remaining competitive on the pitch while seeking to maximise profits in the transfer market, a difficult balancing act.

Top Chinese club phase out foreign players

China's top football team has pledged to phase out foreign players after the government called on clubs to stop 'burning money' on 'irrational' international transfers, amid a wider crackdown on capital outflows.

Guanzhou Evergrande, winner of the Chinese Super League (CSL) for the last six seasons, led the way in the importation of foreign talent.   They spent several hundred million dollars, winning the Asian club championship in 2013 and 2015.

Chaos at Orient

Leyton Orient are in a state of chaos under owner Francesco Becchetti and face relegation to the non-league pyramid for the first time in their history.   Becchetti is now neglecting the club, using protests as an excuse, and refusing to authorise any squad additions.

It will be difficult to find a buyer for the League 2 club, the second oldest professional club in London, as the owner has loaded it with £9m to £10m of debt.

Bolton owners at odds

Bolton co-owners Ken Anderson and Dean Holdsworth have an increasingly strained relationship and the whole matter could end up in court.

Chairman Anderson spoke out on the club website about the sale of Zach Clough to Nottingham Forest for £2.5m, claiming that he was left with no alternative after Dean Holdsworth refused to provide any funds to financially support the club.

'A merchandising company that happens to play football'

As Manchester United report a good set of quarterly results, it is worth recalling the description of them in the Lex column of the Financial Times last month: 'a merchandising company that happens to play football.'

Big spending does not always guarantee success

Using a KMPG database, the Financial Times has analysed the accounts of 69 clubs over four seasons. The results reveal that big spending does not always guarantee success.

Arsenal season ticket hike angers fans

Arsenal's decision to increase 8,000 of their Platinum ticket prices at the Emirates by 3 per cent (above the rate of inflation) from next season has angered fans.   Club level seats range from £2,910 in the corner to £5,755 on the halfway line.

Premiership clubs make profit in transfer window

Premier League clubs made a net profit of £4m in the transfer window compared with a loss of £109m last year, according to figures from the Premier League. This January's transfer window saw the biggest spend ever of £237m, compared with £178m last year. Sales amounted to £241m.

According to figures from Deloitte Sports Business, the gross spend by Premier League clubs in the 2016/17 season totals £1.4 billion, surpassing the previous record of £1 billion by more than a third.

How big is the Chinese Super League?

Watford's Nigerian striker Odion Ighalo was the last player to move to the Chinese Super League in the transfer window.  He went to Changchun Yatai in the north of China for £20m.   Full details of the players who have made a lucrative move can be found here.

Are fans being cheated in FA Cup?

Alan Shearer has suggested that fans are being cheated by clubs putting out weakened sides in the FA Cup.  According to Radio 5, Premier League clubs made an average of seven changes in their matches over the weekend.

Winning the FA Cup is never going to produce large sums of money and foreign owners may be used to the situation elsewhere in Europe where cups are very much secondary competitions, hence the abolition of the Cup Winners' Cup.