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"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."
Ben Hayes - Charlton Athletic programme

The Championship

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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.

Wolves sponsorship deal criticised

A sponsorship deal concluded by Wolverhampton Wanderers with US-based pay day lender Money Shop has attracted widespread criticism.  It featured on the West Midlands edition of Sunday Politics with one panelist describing Money Shop as akin to 'modern day loan sharks.'

Bolton's wage bill challenge

Bolton Wanderers face a major financial challenge as they seek to adjust their wage bill to life in League One.   The average salary for a League One footballer in 2015 was £90,000 a year.  Several Bolton players are well in excess of that.   The wage bill was the main reason Bolton were losing £1m a month when the Sports Shield consortium took over in February.

Two disastrous owners

This article compares two disastrous owners who have been 'bad in new and innovative ways', Randy Lerner at Aston Villa and Roland Duchatelet at Charlton.   Duchatelet was the target of renewed protests at The Valley yesterday in which visiting Brighton and Hove Albion fans joined,

New bid for Charlton

A new prospective purchaser for Charlton Athletic has appeared on the scene, reports fanzine Voice of the Valley.   It is being fronted by former Addicks defender Paul Elliott who is a regular in the directors' box at home matches.

An earlier approach fronted by former Addicks chief executive Peter Varney was rebuffed by the club. However, the club has been more responsive to this bid.

Finding a buyer for a club is not easy

Wolverhampton Wanderers have been for sale all season at a realistic price, but have not found a buyer. The club does not want to sell to just anyone who might put its future in jeopardy.

As its chief executive explains, there is a belief that there are plenty of buyers around with tens of millions to spend, but in fact there are quite a few clubs for sale and relatively few buyers.

Burnley's model finances

The author of the Swiss Ramble blog has turned his attention to Burnley whose latest accounts were released recently.   They relate to last season in the Premiership where the Clarets seem very likely to return.

Football clubs in great financial shape

Football clubs have never been in better financial shape, according to a study by insolvency experts Begbies Traynor.   Only two clubs show signs of financial distress.   That amounts to three per cent of the total compared with 18 per cent in 2012.

The improved performance is down to the trickle down effect of television money, but also to good housekeeping enforced by the Football League and Her Majesty's Revenue and Customs.

Cull of managers continues

The managerial merry go round continues in the Football League.   Of the 72 clubs, 42 have made managerial changes and eight clubs have made a second change of the campaign.   Charlton have had three head coaches.

At Notts County Mark Cooper replaced Jamie Fullarton only 69 days after Fullarton himself replaced Ricardo Moniz.   Cooper has been given a points target to meet if he wants to remain in post.

Big debt at Blackburn

Blackburn Rovers have announced losses of £17.2m for 2014/15, seeing their overall debt swell to £104.2m.  This includes £87m of interest free loans to owners Venky's.  The losses do represent an improvement on the £42.1m pre-tax losses recorded in 2013/14.

Blackburn manager Paul Lambert commented, 'There has to be leadership and talking about how to reduce the debt.   You can't just magic that sort of thing out of the air.'