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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

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The downfall of Reading

This writer provides an interesting in depth look at how Reading lost their status as fianancial paragons. Under John Madejski they had a distinct identity and character which differentiated them from other clubs. What happened is an object lesson in how one rogue owner can unsettle a club.

Hartlepool takeover completed

The takeover of Hartlepool United by JPNG has been completed and approved by the Football League. JPNG are a specialist recruitment company with clients in Dubai and the UAE as well as the UK.

Former owners Increased Oil Recovery were in charge for 18 years.  The newly formed Supporters' Trust has welcolmed the takeover.

A closed Premier League?

Could the Premier League become a super league with no promotion and relegation in the future?  This scenario is discussed here.

The article also talks about mergers between clubs.   The absence of a mergers as a rationalisation device is something that distinguishes football from other economic sectors.   They do happen occasionally at non-league level.   They are rare above that level, although Inverness Caledonian Thistle is a successful example.

Arsenal splash the cash

The potential signing of Peter Cech from Chelsea could be a sign that the penny pinching days at the Emirates are finally over.   Admittedly, Cech was number two at the Bridge for much of last season, but Chelsea are not keen to see him move across London.

Parma relegated to Serie D

Parma have been relegated to Serie D after failing to find new owners to wipe out of €22.6m of debt.   The club won the Uefa Cup in 1995 and 1999.   Given that the population of the city is 190,000, this represented a considerable achievement.   However, the club experienced an earlier bankruptcy in 2004 following the Parmalat scandal.

Torquay takeover completed

The takeover of Torquay United by a consortium of 10 local businessmen led by former striker Dean Edwards has at last been completed. Because of the uncertainty, only 57 season tickets have been sold for next season.

Football remains expensive

A survey by the Halifax shows that going to football matches remains an expensive pursuit.   Based on an adult season ticket for the Premiership, the cost has risen 165 per cent since 2005, close to six times the rise in consumer prices over the same period.

However, the cost has only gone up 12.7 per cent in the past year, compared with a 14.3 per cent rise in the cost of a takeaway and 23.2 per cent for a visit to a theme park which has gone up 79 per cent over the period surveyed.

Long haul for Rangers

It could take at least five years for Rangers to regain parity with Celtic, a football expert has warned.

The club is currently losing £1m a month.   Dave King has promised to invest £30m, but so far all that has been forthcoming is a £1.5m unsecured loan.

Manchester United first football club to reach $1bn brand valuation

Brand Finance, a brand valuation and strategy consultancy has released a report called Brand Finance Football 50 which calculates that Manchester United is now valued at over $1.2bn.

This puts the club ahead of Bayern Munich ($933m) and Real Madrid ($873). PSG were in 9th position ($541m) and the top Italian club in the list was Juventus - 11th with a valuation of $350m.

United to buy A-league club?

Manchester United could replicate their rivalry with Manchester City down under.   It is being reported that they may buy A-league champions Melbourne Victory.  Manchester City already own Melbourne City.