Article Taxonomy: Football Finance

Articles and reports on financial issues within football – soccer – from The Political Economy of Football.

No blue skies over the Ricoh

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There is some blue sky above Leamington this morning, but reports of snow in Nuneaton.  But whatever the actual weather at the Ricoh Arena, the future of Coventry City remains cloudy follow yesterday’s High Court hearing.

Pars enter administration

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Dunfermline have chosen to go into administration rather than be liquidated.   Revenue & Customs had served a petition for liquidation at the Court of Session over a tax bill of £134,000 with a deadline of 5 p.m. today.  A group of fans has clubbed together to pay the administrator’s fees.

Rangers could play south of the border

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Charles Green has returned to his contention that Rangers (and probably Celtic as well) will be playing south of the border within five years.   He claims that two English clubs have approached him and offered their shares in the Football League if Rangers were prepared to take on all their liabilities.  

What is your club worth?

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This blog first saw the light of day in its original form in the late 1990s.   Then it was one of the first sites to deal with the subject of the interaction between economics, finance, politics and football.   Since then many new sites have appeared.    Competition is always healthy and many of the sites offer in depth analysis of the finances of clubs or of football in general.

No expense spared

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Since they joined the English non-league system, Guernsey FC have paid for the travel and overnight accommodation of visiting teams. However, Spennymoor Town went one better for their FA Vase semi-final, hiring a private plane and staying two nights on the island. They also prepared for the match at Middlesbrough’s training complex.

The estimated cost to them was £24,000. It all paid off because they beat the Green Lions 3-1. Guernsey have not defeated at home this season at their Footes Lane Stadium.

Crawley Town up for sale

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Crawley Town has been put up for sale and the club has already been approached by an interested party. It has been emphasised that this is not a fire sale and the financial support of the owners will continue until a sale has been concluded.

Sky Blues appear to be leaving Ricoh

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There is strong evidence that Coventry City is in the process of leaving the Ricoh Arena.   Staff have been told to move to the training ground at Ryton and stock in the Sky Blues shop has been taken out and loaded into transport.   It is being rumoured that the Sky Blues will play their games up the M6 at Walsall’s Banks’s Stadium.

One Sky Blues company goes into administration

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Today Coventry City and their owners Sisu were in the High Court in London to face an administration order application from Arena Coventry Ltd. (ACL), the operating company of the Ricoh Arena, but events have taken an unexpected turn. The latest news is that the hearing has been adjourned until Tuesday as it is evident that some complex issues have arisen which require further consideration.

Football League evolves strategy for para attack

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There have already been concerns about how far competition in the Championship has been distorted by parachute payments, but with further increases planned the Football League is trying to evolve a strategy for dealing with the situation.  

Otherwise the Championship could become a waiting room for Premiership clubs with the smaller clubs making up the numbers.   The Football League is worried that its own financial fair play rules could be undermined.