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Ben Hayes - Charlton Athletic programme

The Championship


Leeds close to breaking even

Leeds owner Massimo Cellinio has claimed that the next set of accounts for the club will show it close to breaking even.  In the 2013/14, Leeds United recorded a loss of £23 miillion.

QPR go to law

Queens Park Rangers have challenged the legality of the Football League's financial fair play (FFP) rules. With the Football League they have issued a joint statement to confirm that legal proceedings are under way, but shielded from the glare of publicity in the courts.

Could QPR face a huge fine?

To compound their misery at relegation from the Premier League, Queens Park Rangers face the prospect of a fine in excess of £50m for breach of financial fair play regulations.   They could even be expelled from professional football.

New prime time deal for Football League

The Football League has signed a new three seasons deal for its highlights programme with Channel 5. The 90-minute programme, showing every single goal, will go out at 9 p.m. before the BBC's Match of the Day covering the Premier League.

An old lesson learned again

It's said that one of the easiest ways to make a small fortune is to start with a large one and buy an English football club.  It looks as if the latest person to learn that lesson is American auto parts millionaire and NFL team owner Shahid Khan.

Fulham might have looked like a good buy when he purchased them and if they had stayed in the Premier League they might well have been.   Former owner Mohammed Fayed pumped £218m into the club to enable it to punch beyond its weight.  

Are Bournemouth true underdogs?

No one can underestimate what Bournemouth have achieved in winning promotion to the Premier League.  They can only be denied by a 19-0 defeat at Charlton on Saturday and in truth that is going to be a promotion party for their fans with the Addicks making the Upper West stand available to them in addition to the away end.

Leeds United accounts scrutinised

The auditing of the accounts of Leeds United are to be scrutinised by the Institute of Chartered Accountants for England and Wales over a potential conflict of interest.

The accounts were audited by a firm where one of the partners is a brother of Leeds United Andrew Umbers, although they were signed off by another partner.

An effective foreign owner

There are good foreign owners of football clubs and others who seem to be on an ego trip or unwilling to take advice.   The same could be said of domestic owners.   Milan Mandaric has owned three clubs and has done an effective job.   He says that the secret is to respect England's football heritage and be prepared to make tough decisions.

More turmoil at Leeds

Neil Redfearn is considering his position at Leeds United after assistant coach Steve Thompson was suspended, apparently without his knowledge.   Thompson was suspended by director of football, Nicola Salerno.

It's long been our view that the importance of Leeds as a regional capital and its footballing history means that the club merits a Premiership place.    However, a history of mismanagement and baffling decisions has undermined the club to an extent that has not happened anywhere else.

Money laundering in football

This blog article takes a look at the links between football and organised crime, arguing that it offers opportunities for money laundering.   The need of clubs for large sums of money can lead to them being drawn into relationships with dubious individuals.