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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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Huddersfield's dilemma

There was a time when Huddersfield Town were one of the giants of English football, but then manager Herbert Chapman left fot Arsenal.   Recently they have been in the lower reaches of the Championshop and the author of the Swiss Ramble blog has taken his usual forensic look at their situation.

In 2014/15 they made a pre-tax loss of £7m.  Chairman Dean Hoyle has pumped in £45m in loans and share capital.   They need to become financially self-sufficient, but there is no easy route to achieving that.

China to the rescue of Italian football

Italy has long been seen as the European nation that represents style, and that was also true of Italian football.  However, that image has been tarnished by decaying infrastructure in Italian cities and corruption ridden public services.  There seems to be no viable political solution.

At one time left-wing academics praised the Italian state holding enterprises that had been left over from Mussolini.   Then they discovered the 'Third Italy' of networked small firms producing luxury goods, but even that aspect of the economy was not quite what it appeared to be.

China plans breakaway Champions League

China's richest man is feeding on dissatisfaction among top clubs that a club like Manchester United can be denied the riches and prestige of the Champions League while Leicester City are given a place.  It does, of course, have something to do with performance on the pitch rather than financial rankings.

Three way tussle for Dagenham and Redbridge

Relegated Dagenham & Redbridge are hardly the most glamorous club in London, but there is a three way tussle to acquire the club.   

Sterling fall hits football

Premier League clubs are having to adjust to a new operating environment after sterling hit a new 31-year low on Brexit fears.   Some would argue that this is the result of exaggerated fears raised by the Remain campaign, others that the economic consequences of Brexit are making themselves felt.

The cost of failure by England managers

The repeated failures of England managers are not just dispiriting, they also cost the Football Association a lot of money.

Total spending on managerial appointments which didn't work out in the past 15 years has been £70m. Fabio Capello, who took charge of England's 2010 World Cup campaign, was the most expensive appointment as the FA paid him a salary of £6m for five years and a £1m pay off.

Sven-Goran Eriksson's five years in the job on a £4m salary was followed by a £3.5m pay off. Steve McClaren was paid £7.75m, including a £2.5m pay off, for his 18 months in charge.

Winter break back on agenda

Every time the England team has one of its periodic failures, the idea of a winter break in the season is revived so that Premier League footballers can recuperate from their gruelling duties and take in some sunshine in Dubai or the Maldives.

The plight of Reading

In 2012 Reading were promoted to the Premier League, but within three years they came very close to going into administration.    This very interesting account provides an in depth analysis of what went wrong.

Oldham Athletic face winding up petition

Oldham Athletic face a winding-up petition today brought by HM Revenue and Customs, although claim the matter has been resolved.

A statement on the clubs' website said, 'We are aware of the winding up petition brought by HMRC scheduled for Monday June 20 and our legal advisors are dealing with it,  The liability on which the petition is based was paid in full last month.'

Last December the club had difficulty in paying their players and they were paid late for three months.

Big plans for Bangor City

A Cheshire-based consortium that has taken over Bangor City has big plans for the North Wales club, They plan to pump in at least £100,000 a year as they seek to end the domination of the Welsh Premier Leage by The New Sants.   The real attraction is perhaps not the WPL title, but the chance of Champions League football.