Bolton face administration

Bolton Wanderers face the threat of administration despite a fire sale that has included putting their entire playing staff on the market and raising £4m by selling the offices at the Macron stadium.   The club’s situation remains finely balanced despite the sale of the offices and the prospect of future income from transfers.   The offices are rented to several businesses and generated £800,000 annually.

United to launch Chinese tv channel

Manchester United will become the first football club to launch a dedicated 24 hour television channel in China next week, as it seeks to keep up with growing Chinese interest in the game.  Sina Sports, an online sports platform, will begin broadcasting the club’s MUTV on its website, mobile site and app next Sunday.

Recent turbulence on the Chinese stock exchange and a fall in the country’s interest has not dampened interest in the potential of the Chinese market for football.

Relegation would hit Dundee United hard

Relegation from the Scottish Premier League would hit Dundee United hard, chairman Stephen Thompson has warned.   His family would not go on ploughing in money into the club in the long term.

The club has the 3rd biggest wage bill in the Premier League and has spent £650,000 on transfer fees in the last 18 months which is, of course, a small sum by the standards of the English Premier League. Thompson blames their present plight on poor player recruitment last summer.

Pope’s team is coming home

The football team supported by Pope Francis, CA San Lorenzo de Almagro, is to have a new stadium built on the one it was evicted from 36 years ago.   The picture above shows him displaying their traditional red and blue colours.

American investors steam in to English Football

Hard nosed American investors are replacing the oligarchs and egoists who have invested in English football over the last twenty years.   If the deal at Everton goes ahead, eight of the twenty Premier League clubs will have investors from the US.