Unknown brands chase football sponsorships

Spread betting and foreign exchange brokers are chasing endorsements and sponsorships from top football clubs while regulators gear up to clamp down on the way they are marketed to retail investors.  There is a trend for partnerships between small, often unknown brands offering FX and contracts-for-difference (CFD) trading with some of the biggest names in global football.

EFL to review conduct of club owners

The English Football League has issued the following statement: ‘The ongoing issue of the conduct of club owners, directors and executives is one that has been repeatedly raised by the media, government and other key stakeholders, and has on many occasions led to public perception issues for the League, its clubs and competitions. It was therefore agreed at the Summer Conference that there was a requirement to conduct a review.

Record annual revenues at United

Manchester United achieved record annual revenues in the year to 30 June 2017.  Revenues increased 12.8 per cent compared to the previous season to £581.2m,   Earnings before deductions for tax, depreciation etc. increased more than 17 per cent to just under £200m.   Pre-tax profits increased 7.7 per cent to £39.2m.   The improved performance was largely due to higher broadcasting income and Europa League success.

New EFL television deal

The English Football League has agreed a new five year television deal with Sky worth £600m, 36 per cent more than the current deal.   Outside of the 3pm Saturday blackout, clubs will be able to stream their own matches online.  All midweek Championship matches will be available for selection by television viewers.

Concerns have been raised about the impact of the deal on attendances and how the money will be distributed between clubs.

Barnsley takeover has great potential

Outgoing Barnsley owner Patrick Cryne is terminally ill with bowel cancer and does not expect to see the end of the season.  His poignant programme notes for Tuesday’s Carabao Cup tie (actually written by his wife Jean) justifiably attracted widespread and sympathetic attention on the internet and my thoughts go out to him and his family at this time.

At the match against Aston Villa in the 66th minute supporters in all four stands stood with their mobile phones illuminated and sang the name of their 66-year old owner.