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Ben Hayes - Charlton Athletic programme

Football Finance


Lack of activity in transfer window

It has been a relatively quiet summer transfer window so far as there is always a late spurt as clubs accept more realistic valuations for their players or decide there is a gap in their squad they must fill.  However, in 2007 165 players moved to top flight clubs, a figure that fell to about 130 last year.  There have been fewer than 60 arrivals so far this year so the total is likely to fall well short of that for last year.

Why sacking a manager doesn't help (much)

How long will it be this season before the first manager is sacked?   Not that long if prior experience is anything to go by.   As the season progresses, we can expect more managers to be sacked.   Managerial tenure is become shorter.

But does sacking the manager actually make a difference?   Sue Bridgewater of Warwick Business School in her book Football Management suggests that it does not: 'managerial changes in football do little to improve performance.'

Brazilian footballers head back home

The possible return of Manchester City's Carlos Tevez to Corinthians in Sao Paulo, although influenced by a wish to be closer to his children in Argentina, is symptomatic of a wider trend driven by the strength of the Brazilian real.

Supporters' bid at Wrexham hits snags

Wrexham fans have been second to none in their long drawn out battle to save their club and put it on a sound footing.   Today some of them are climbing Snowdon in a bid to raise another £20,000 and, assuming that the weather is as unseasonable as it is in the Midlands (rain and strong winds) that will be no stroll up the mountainside.

Supporters Direct gets its money

Supporters Direct has had its grant of £268,292 from the Football Stadia Improvement Fund restored.  The grant was frozen in May after the chief executive of Supporters Direct, Dave Boyle, made disparaging remarks on Twitter about the MK Dons.  Boyle is a keen AFC Wimbledon fan.  He subsequently resigned.   The Stadia Improvement Fund receives £6m of funding from the Premier League.

What it costs to run a non-league club

Even at the third tier of the non-league, football clubs cost quite a lot of money to run.  The annual accounts of the club in which I am involved were recently published for the year to 30 June 2010.  One fact that immediately stands out is that even at this level player renumeration accounted for 65 per cent of turnover.

Manchester United top world rich list

As Manchester United began their American tour creating excitement in Rhode Island of all places, Forbes magazine announced that they hads topped their list of the world's richest sports clubs.   The 'capitalist tool' journal value the football club at an arguably conservative £1.16bn.   They were estimated to have 333 million followers worldwide, although those in Asia far outnumber those in the US.

No naming deal at Old Trafford

Following the branding of Eastlands as the Etihad stadium, Sir Bobby Charlton has insisted that there will be no naming deal at Old Trafford.   The name of the ground is simply too important for Manchester United's identity.  

Vaughan is not involved at Stockport

The new owners of Stockport County are yet to be revealed.   Unsubstantiated rumours have been circulating that disgraced former Chester City owner Steven Vaughan is involved.   Some tenuous links between him and consortium spokesman Tony Evans may have led to the rumours.   Evans is a consultant for GT Law the Liverpool insurance claims specialists who have just signed a shirt sponsorship deal for Stockport.   In May they also agreed to sponsor Liverpool boxer Rocky Fielding who is part of a stable managed by Vaughan.

Diamonds fans plan phoenix club

Rushden and Diamonds have gone into administration with debts said to be around £750,000.  The club's appeal against expulsion from the Football Conference has been abandoned and they failed to meet the conditions for admission to the Southern League Premier Division.