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Football Finance


Sir Alex's management secrets

We continue our look at the management secrets of Sir Alex Ferguson as revealed by Simon Kuper in the Financial Times.

Kettering explore survival options

Kettering Town are exploring various options to ensure the survival of the financially troubled club.  They claim that they are owed over £420k in sponsorship money.   This may well be the case, but if it hasn't been paid on time, it is not likely to be paid in the short run when the club needs cash flow and any settlement may fall far short of the stated amount.

Sir Alex the manager

Sir Alex Ferguson celebrates his 70th birthday on New Year's Eve and there is no sign of an early departure from Old Trafford.   Why should there be?   Manchester United have a good chance of retaining the title.   Perhaps what distinguishes them from other clubs is their ability to win even when they do not play well.

The decline of the Old Firm?

Last night's Old Firm derby between Celtic and Rangers attracted attention across Britain and beyond.  Rightly so, because there are few derbies to match it for intensity of passion.

Rovers need 'significant funding'

In a statement accompanying the release of the accounts for Blackburn Rovers, owners Venky's admit that the club would require 'significant funding' in the short term.   Detailed cash flow statements have been prepared for the 18 months to June 2013.  

Ebbsfleet in trouble

Ebbsfleet United have said that they need to find £50,000 by the end of April or the club's future is in real danger.   Since promotion to the Blue Square Bet Premier crowds have averaged only 1,063 and commercial revenue is lower than anticipated.

Rescue bid for Kettering

Times have been desperate at Conference club Kettering Town FC.   They owe about £250,000 to various creditors including Crawley Town FC which means they have been placed under a transfer embargo.  They are down to just ten contracted players and no coach could be provided to take the players to yesterday's 5-0 defeat at Luton.   They are now perilously close to the relegation zone.

£18.6m loss anticipated at Blackburn Rovers

Venky's are expected to announce a £18.6m loss in their first year in charge at Blackburn Rovers.  £13.8m went on transfers and agents' fees and £4.8m was incurred in costs including pay offs to sacked manager Sam Allerdyce and other senior staff.   The total payroll at the club is around £50m.

France divided over Becks

It is still uncertain whether David Beckham will accept a reported €800,000 a month contract at Paris St Germain (PSG).   He could opt to stay at LA Galaxy.   But the prospect of his arrival has already divided French politicians,

Gallacher speaks out on Rovers sinking into abyss

Kevin Gallacher was a striker with Blackburn Rovers who formed part of the Premiership winning title side and he has spoken out about his concerns about the club and his fear that it is 'going into the abyss'.   He argues that Steve Kean's position as manager has become 'untenable'.