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


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.

The Arsenal stadium mystery, Part 2

For a Premiership neutral, many of the big questions about the forthcoming season relate to Arsenal.  It could be a make or break season for them and Arsene Wenger.   I like the kind of football that Wenger provides, but at that level of football, it is also important to win trophies.   Should Arsenal fail to qualify for the Champions League next month it will leave a gap of around £25m in their finances.

No Chester link at Stockport

Anthony Evans, a Liverpool-born 27-year old sales consultant at GT Law, a firm of Essex solicitors, is heading up the consortium that plans to buy Stockport County.   The identity of the consortium members is unknown but Evans has emphatically denied rumours that one of the investors is Stephen Vaughan, the controversial former owner of Chester City.   Vaughan was jailed for 15 months in August for assaulting a police officer.

New owners and star manager at Stockport County

Stockport County were relegated to the Conference at the end of last season after 105 years in the Football League, but now they have new owners and a new manager in the shape of former Premiership and Germany midfielder Dietmar Hamann in his first managerial post.

Argyle deal nears completion

Despite last minute hitches, a deal to take Plymouth Argyle out of administration is nearing completion.   Under the arrangement the property assets and the club itself will be run by separate companies.