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"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


Crawley Town up for sale

Crawley Town has been put up for sale and the club has already been approached by an interested party. It has been emphasised that this is not a fire sale and the financial support of the owners will continue until a sale has been concluded.

Sky Blues appear to be leaving Ricoh

There is strong evidence that Coventry City is in the process of leaving the Ricoh Arena.   Staff have been told to move to the training ground at Ryton and stock in the Sky Blues shop has been taken out and loaded into transport.   It is being rumoured that the Sky Blues will play their games up the M6 at Walsall's Banks's Stadium.

One Sky Blues company goes into administration

Today Coventry City and their owners Sisu were in the High Court in London to face an administration order application from Arena Coventry Ltd. (ACL), the operating company of the Ricoh Arena, but events have taken an unexpected turn. The latest news is that the hearing has been adjourned until Tuesday as it is evident that some complex issues have arisen which require further consideration.

Football League evolves strategy for para attack

There have already been concerns about how far competition in the Championship has been distorted by parachute payments, but with further increases planned the Football League is trying to evolve a strategy for dealing with the situation.  

Otherwise the Championship could become a waiting room for Premiership clubs with the smaller clubs making up the numbers.   The Football League is worried that its own financial fair play rules could be undermined.

What is going at Leeds?

Distinguished sports journalist David Conn has been trying to disentangle the confusion surrounding conflicting announcements about whether the whole of Leeds United is for sale or just part of it.

What it seems to come down to is that the subsidiary company that bought Leeds, GFH Capital, has been saying different things from the parent company in Dubai, GFH.  Why?   Conn comes to the view that GFH will not sell Leeds United.

Boro rely on their benefactor

Just how badly Middlesbrough need to get back to the Premier League is demonstrated by their latest accounts. They are not making the biggest losses of a Championship club, but they are reliant on £1m a month pumped in by their chairman and benefactor Steve Gibson. Strictly speaking, it is a loan provided by his company, but it still shows that backing a football club can be an expensive interest.

The power struggle at Blackburn Rovers

The latest managerial sacking at Blackburn Rovers is largely the by-product of a power struggle between the club's global adviser Shebby Singh and managing director Derek Shaw. Singh appears to have the backing of owners Venky's and is also believed to have taken legal advice which backs his position. Singh and Shaw have not spoken since December.

League Managers Association hit out at sackings

103 managers and coaches have been sacked this season, the latest to go being Gary Smith at Stevenage.   The League Managers' Association have declared that the scale of dimissals is an embarassment to the game.     Recent events at Blackburn Rovers represent an extreme case, but they reflect a broader trend.

How to make money out of a football club

It is often argued that it is not possible to make money out of a football club in the sense that most clubs run at a loss as they seek glory, often a considerable one. One way in which could make money is through a capital appreciation of the asset.

Why are so many managers sacked?

No less than 31 managers in the Premiership and Football League have been sacked or left 'by mutual consent' this season.   My colleague Sue Bridgewater has measured the average tenure of managers and it has declined from 3.12 years in 1992-93 to 1.36 years in 2009-10.