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Ben Hayes - Charlton Athletic programme

Football Finance

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Bournemouth make big losses - and get fined

Bournemouth made a £38.3m loss in the Championship last season.  The loss was mainly due to players' wages.   The salary bill of £30.4m was more than double the club's turnover.  

Wages went up by more than 76 per cent in one year, including performance bonuses for winning promotion.   The ratio of salaries to turnover was 237 per cent.   I cannot recall such a high ratio among top flight clubs.

Big financial rewards for Foxes come next year

Leicester City will earn £93m from the distribution of Premier League television money this season if they win the title.  This is £21m more than last year, but the big financial rewards will come next season.

How not to run a football club

Another look at the problems of Aston Villa.   This posting focuses on a dysfnctional mix of centralised control, hierarchical management and poor communications.  This slowed down decision-making when decisions needed to be taken quickly.

Apologies for our absence for a while.   The site was spammed by some dodgy IPs and the hosting company had to take it down to rectify matters.

How much of a success is Major League Soccer?

How much of a success is Major League Soccer?   The crowds continue to grow, but the league continues to lose money.  Incidentally, the statistics on attendances given here are presumably to some extent affected by stadium size.

Relegation challenge for Dundee United

As relegation beckons for Dundee United, this report looks at the financial challenges faced by the club. The club's external debt is now down to £1.25m.   However, that is secured against the stadium.  Although fans have expressed fears about going into administration, this seems unlikely, as the club's home would be at risk.

Spurs wage structure under threat

The chances of Tottenhham Hotspur winning the Premier League title are slim after their draw against West Bromwich Albion last night.  However, they have every chance of making the group stages of the Champions League.

One of Daniel Levy's smartest moves in his 15 years as Tottenham chairman has been to keep wages relatively low.  No one at Spurs earns £300,000 a week, with the best paid players - Hugo Lloris, ErikLamlea and Mousa Dembele - in the £70,000-£80,000 a week bracket.

Big losses at Brentford

Brentford made losses of £16.7m in 2014-15, an increase of 91 per cent on the previous year, reports Beesotted Brentford.   Turnover at £9.9m was up 124 per cent.   Wages at £17.7m were over 175 per cent of turnover, the highest figure I have seen for a long time.   However, apparently there was a substantial element of bonuses for finishing 5th.

Footballers top rich list

All but four of the twenty-two sportsmen listed in the latest Sunday Times list of the richest twenty in sport are footballers.   However, none of them are anywhere near being billionaires, of which there are 120 in the latest UK rich list.

Takeover at Welling

A deal is expected to be concluded which will lead to former Crystal Palace chairman Mark Goldberg taking majority control at Welling United.   The Wings have been relegated to the National League South.

Barry Hobbins has been involved with the club since it was formed in 1963, at one time sharing ownership with his brother who passed away.  

Big variations in spending on agents

Manchester United have paid the most money to agents of any club in the Premier League with more than £10m going on intermediary fees since October 1st.   The money included phased payments from contract renewals and transfers conducted during the summer.   United have used agents in contracts and transfers involving 40 players since April.