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Football Finance


Financial worries at Lincoln

Any relegation is a financial challenge for a club, but dropping out of the Football League all together can be particularly alarming.   Lincoln City FC are expected to post a £480,000 loss following their relegation.

Fans in charge at Wrexham

It's been a prolonged battle with many setbacks along the way, including further assurances required by the Football Association three weeks ago, but the Supporters'  Trust at Wrexham is finally in charge at the club.

New crisis at Pompey

Portsmouth is known for the dedication of its fans, but they have suffered more than any other club from financial problems beyond their control in recent years.   Now a fresh crisis has developed at the club which could see them go into administration.   They would then face a points deduction which would place them at risk of being relegated into League 1.

Ruling due on football creditor rule

An important court ruling is due this week on the 'football creditor rule' which gives so-called football creditors priority when a club goes bust.   The football authorities see it as integral to the governance of the game.

Fines for clubs promoted to Premiership?

The financial challenges faced by football are manifold, particularly against the backdrop of a worsening economic situation.   It's also worth remembering that they are driven to a large extent by the expectations of owners and fans.   In any league half the teams have to finish below midway.

The Fray Bentos question

Why is Scottish football in so much trouble when the nation's economy is doing relatively well?  I call this the Fray Bentos question.   Many years ago I visited the plant of medium-sized food company Baxters on Speyside.   They are a family company with a distinctive image, probably best known for their up market soups, although when I was there they were producing for other niche markets such as small pots of jam for airlines.

A critique of Chelsea

The sport section of The Times devoted two whole pages to a critique of Chelsea on Saturday.   As one would expect, it was well informed and well argued, but also very negative in tone.   Of course, there are plenty of grounds on which one can construct such a critque.  But why now?

Who will be the first manager to go?

No Premier League manager has yet been asked to go this season - yet.   Such are the pressures of the Premier League that apparent under performance can lead to an exit as early as November, even though Sir Alex Ferguson insists that one doesn't worry about positions in the league until April.  Perhaps it looks different if one is in a relegation struggle.

It all kicks off in Guernsey

Island football presents many challenges, particularly for remoter islands.   The Isles of Scilly league has just two teams which play each other every week in league and cup competitions.   The Isle of Man has staged a tournament involving mainland football clubs before the start of the season.   The Isle of Wight has good enough connections with the mainland to have teams competing in the non-league system.

Economic downturn hits players

Media commentary on players tends to focus on high earners with glamorous lifestyles.   But there are actually more players who are struggling to make a living in the Conference or Leagues 1 and 2.   At this level, it has been suggested that squads are being cut by an average of five to save money which reduces the job opportunities available.