Chairman Jeremy Peace has effectively put West Bromwich Albion up for sale. He said in a statement that he will listen to any ‘substantive and sensible proposals which are in the best long-term interests of the club’, including those for his 51 per cent of the club’s shares. The reasoning behind his decision is simple: the club needs more money to compete effectively in the Premiership.
Tesco boss and Everton fan Sir Terry Leahy is helping the Toffees to fund a new 50,000-seater stadium. Together with Everton chairman Bill Kenwright he has won the approval of Knowsley councillors for their joint £400m development in Kirby, five miles outside Liverpool. Tesco’s largesse amounts to more than £120m towards the £200m cost of the new stadium, but it has signed away any rights to own the stadium or the club itself. Tesco gets a 55,000 square metre store out of the deal.
Relocation plans for Chesterfield could fall through unless Blues’ bosses can secure multi-million pound investment into the new ground. The 10,000 seater £12m stadium is part of developer Wilson Bowden’s proposed regeneration scheme to include a Tesco store and mixed-use commercial use at the former Demaglass works. But debt-troubled Blues have still not struck a deal with an investor and the overall scheme depends on the stadium going ahead.
Supporters of Blue Square Conference side Weymouth are anxious about the club’s future after rumours that ownership of the land the Wessex Stadium sits on is to be transferred to Wessex Park Limited. Wessex Park Limited was set up by football club owner Malcolm Curtis in January 2007 when former chairman Martyn Harrison announced major cutbacks. Chief sponsor Dave Higson, from Park Engineering, warned the move could be the beginning of the end for the club.
South London club Crystal Palace are trying to sell their Selhurst Park stadium for £12.5m as a development opportunity. It is claimed that the site offers considerable opportunity for a major mixed-use redevelopment. Palace owner Simon Jordan claimed to have bought the ground in 2006 for £12m. However, it was done through a complex series of companies which obscured the identity of the final owner. Last year he was reported to be looking for £15m to refinance the property. A potential investor would have to find an alternative home for the club before knocking down the stadium building.
South African investment company Royal Bafokeng Sports Holdings has acquired a 51 per cent stake in South African Premier Soccer League (PSL) team Silver Stars FC – first item on the agenda was to change the team’s name to the Platinum Stars. Second item on the agenda was, according to George Khunou, managing director of RBSH, to go into the transfer market and purchase ‘quality players to sweep the boards in the Premiership next season’.
Video reporting on a new study of the strength of interest in international football across China by Warwick Business School.
It shows that not only is the England team shirt the most popular football shirt across China, England is also by far Chinese football fans’ most favoured international team – beating Brazil, Argentina and Germany.
In an interview with Information Age magazine, Ben Hatton, Manchester United’s director of business and development, explains why the club is investing in CRM software and what it hopes to achieve.
Fans of Lincoln City were praised by a judge who said they had helped save the football club as he discharged the administration order which had been imposed three months ago. Hundreds of thousands of pounds had been raised by fans by many methods including a seat-naming scheme. The club’s future now looks secure after a hearing at the High Court in Birmingham. It follows an agreement between shareholders and creditors which guaranteed the Sincil Bank club for the next two years.
Excerpt from Information Age magazine e-commerce case study – Sportsetail and The Football Association
With the approach of the World Cup 2002 Sportsetail decided it had to turn the UK Football Association’s official web site into a dynamic, easy-to-use shopping experience for England football fans.