"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."
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With all the clubs in the Championship in 2015/16 having now published their accounts (except Bolton Wanderers), the author of the authoritative Swiss Ramble blog has now come up with some fascinating statistics.
Of course, it is well known that Championship clubs like to splash the cash in an effort to reach the Premier League. However, these figures show how difficult it is to avoid a loss in the Championship and how much parachute payments distort the financial picture. One wonders if their level stops clubs reining in wages as much as they should.
The takeover of Chelmsford City by construction company Jade Global Group has collapsed. The club is now looking for new investment. Having increased their playing budget after the takeover was announced last summer, the club is now facing short-term financial pressures.
The Clarets looked assured of a place in the National League South play offs.
Manchester City and Chelsea spent the most money on agents in the last two transfer windows as Premier League clubs parted with £174m. Manchester City spent £26.3m, Chelsea £25.1m, Manchester United £19m, Liverpool £13.8m and Arsenal £10.2m.
The three promoted clubs spent the least (£1.9m to £2.6m), while West Bromwich Albion were the next most parsimonious at £4.2m.
Arsenal players will lose out on bonuses worth about £5m if they fail to qualify for the Champions League. The club pays out £200,000 per player if it reaches the group stage, although that is not evenly split. The competition was worth about £46m in payments from Uefa last season, while the club also made money from matchday income.
Newcastle United have recorded their sixth consecutive year of profits. However, they fell to £4.6m in the year to June 2016, compared with £32.5m in the year to 2015. Turnover was down by three per cent with a £4.5m fall in media income.
The author of the authoritative Swiss Ramble blog has tweeted some information about wages to turnover ratios in the Premier League in the 2015-16 season. The two Manchester clubs have among the lowest ratios: 50 per cent at City and 45 per cent at United.
However, only three clubs are at or below the 50 per cent figure recommended by Deloitte, Tottenham Hotspur being the other club at 48 per cent. At the other end of the scale were relegated Aston Villa (85 per cent), Crystal Palace (79 per cent) and Stoke City (also 79 per cent).
Last Sunday’s game at the Emirates saw the spectacle of demonstrations for and against Arsenal manager Arsene Wenger outside the ground. There were even scuffles in one of the stands at the end of the game. However, this article cautions that Arsenal fans should be careful what they wish for.
Approval from Liverpool City Council for their new £300m stadium at Bramley-Moore Dock is another step forward for Everton. Unlike the club’s previous plan to relocate away from th city in Kirkby, this proposal has the broad backing of supporters.
However, fulfilling the ambition of Everton becoming a top six club will not be easy, even with the backing of millionaire owner Farhard Moshri. In age of financial fair play, clubs can no longer simply spend their way into the elite, as was the case for Chelsea and Manchester City.
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