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Ben Hayes - Charlton Athletic programme

Football Finance


Blackburn's fall from grace

Twenty years ago Blackburn Rovers joined the small group of clubs that have won the Premier League title.  It was a considerable achievement then and it is doubtful if a club of Blackburn's size could manage it today.

How football boosts Manchester's economy

The success of Manchester City and Manchester United gives a big boost to the local economy and is estimated to be worth £2.5bn in advertising over the next twenty years.

Greater Manchester has been getting its governance act together in a way that has happened more slowly than in Birmingham or the north-east.   The cause and effect relationship between that and the success or otherwise of the local football teams is a complex one, but it is undoubtedly there.

Two clubs worth over £1bn

A study based on hard data and using a rigorous methodology has found that two Premier League clubs are worth over £1bn.   Manchester United come in at £1.848bn and Arsenal at £1.18bn.   At the other end of the table, Bournemouth are worth £104m.

Russell Crowe rules out Leeds bid

Hollywood actor Russell Crowe has ruled out fronting a bid for Leeds United.   Earlier in the year, he asked his followers on Twitter whether he should make a bid.

Crowe thinks that the club could be turned around and restored to its former glories, but is concerned about the toll it would take on him and his family.

Championship clubs have £1.1bn of debt

Championship clubs have amassed total debts of £1.1bn.   Bolton Wanderers have the largest debts of £182.1m, followed by £179.6m at QPR with Ipswich Town some way behind on £82.1m.

Football and global energy politics

The link between football and the geopolitics of global energy supplies may not seem to be an obvious one.  But under conditions of globalisation, different sectors of the economy become intertwined.  Football can offer prestige, influence and access to decision-makers.    These links are explored in this interesting article.

City stay within financial fair play rules

Manchester City's spending spree this summer should not get them into trouble under financial fair play rules.   Although their gross spend has been £100m and could go up to around £150m if one more rumoured signing is made, their net spend is £35m.   Even if it went up to £85m, the sum would be spread out over the life of the players' contracts.

How fair is financial fair play?

The Football League has issued detailed guidance on its revised financial fair play regulations.   Championship clubs are allowed a loss of £13m in 2015-16 or £39m on a rolling three year basis.

The regulations attempt to take account of clubs moving between divisions.   This is necessary given that Premiership clubs are allowed to make a loss of £105m.   However, the question that arises is whether new unfairnesses have been set up.  

Tractors have a formula

The most impressive blog on football finance is the Swiss Ramble.  He provides careful, in depth analysis of particular clubs.   His latest report is on Ipswich Town, currently topping the Championship.   Supporters of other Championship clubs should note that there are a lot of interesting comparative charts and tables covering all clubs in the division.

Sunderland's dilemma

Sunderland fans turned on owner Ellis Short after they suffered their second defeat of the season at home to Norwich.   Although they have overcome their yo-yo reputation, Sunderland have never finished higher than 10th since their return to the Premier League and have often been involved in a relegation struggle.