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Ben Hayes - Charlton Athletic programme

The Championship

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Forest takeover nears completion

The takeover of Nottingham Forest by a consortium led by American businessman John Jay Moores is nearing completion.   He has a background in Major League Baseball with the San Diego Padres and was involved in an unsuccessful bid to acquire Everton and also Swansea City.

Kuwati owner Fawaz Al Hasawi has withdrawn his proposal to keep a stake in the club which will be sold for around £50m.

Canaries in the black

Norwich City's year in the Premier League saw them move from the red into the black with a loss of £5.3m turned into a profit after tax of £9.4m.   Income in 2015-16 jumped to just over £100m from £53.6m the previous years.

Forest sale would have some unusual conditions

The owners of football clubs sometimes have some unrealistic expectations about the price their club might fetch when they try to sell.   However, the conditions apparently being attached to the sale of Nottingham Forest are among the most extraordinary I can recall.

Birmingham City takeover completed

The takeover of Birmingham City by Trillion Trophy Asia has at last been completed after a 16 month process.  It ends the seven year period of ownership of Carson Yeung who was jailed for money laundering in 2014.  The deal values the club at £12.3m.

Dutch clubs struggle to compete

Dutch clubs are finding it increasingly difficult to compete even with the English championship in the transfer market.   Clubs like Ajax were at one time among Europe's leaders.

Many clubs in the Championship are willing to splash out in the hope of gaining promotion to the Premier League and new owners are willing to fund the expenditure.

Growing antagonism between owners and fans

Growing anatgonism between owners and fans is examined in this blog contribution with reference to the cases of Blackpool, Blackburn Rovers, Charlton Athletic and Coventry City.

In the case of Charlton it is ironic that fans have been referred to as 'customers' by the chief executive, yet there seems to be no concept of good customer relations beyond a series of gimmicks.

New corruption allegations

A series of new allegations about corruption in football has emerged following the 'sting' which led to the termination of the contract of England manager Sam Allardyce.   If these allegations are shown to be true, it would suggest that there is a widespread problem of corruption in football.

A toxic brand

Foreign owners sometimes acquire clubs in order to boost their brands, both in their domestic market and globally.   However, when the Indian conglomerate Venky's took over Blackburn Rovers, it quickly became apparent that, while they might know something about chickens, they didn't understand much about football.

The one time Premier League champions have been effectively run into the ground.  At the bottom of the Championship, attendances are falling and financial problems are increasing.   Turnover has fallen from £58m a year to £12m a year under Venky's.

Wolves sold to Chinese conglomerate

The growing Chinese presence in English football has been strengthened by the acquistion of Wolves by Chinese conglomerate Fosun heded by Guo Guangchang.   The group has leisure and entertainment interests around the world.

Villa's Chinese charm offensive

Earlier this year I was on a panel with someone in the marketing department at Aston Villa whose job was to promote the club in China.   Given the way in which the club have been dragged down under the ownership of Randy Lerner, he had a bit of an uphill struggle.