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The Championship


Takeover talks at Hull City resume

Takeover talks at Hull City have resumed.   They involve father-and-son Assem and Ehab Allam.  Egyptian born, they have lived in the area for 42 years and have a diesel generating manufacturung business.  They are motivated by wanting to give something back to the city in which they prospered.  They are hoping for an early conclusion to the negotiations.

Air of crisis at 'Boro

In 1984 Middlesbrough was in the hands of the administrator and the future of the club looked bleak.  Thanks to Steve Gibson, a generous benefactor, the club's fortunes were revived.  Middlesbrough continues to be an economically challenged area and the promised re-development around the Riverside has never taken place.  But until recently the club was doing well on the pitch.

Portsmouth stay in administration

Portsmouth are to stay in administration after the Football League decided not to return their golden share in the competition, which would have allowed the takeover by Balram Chainrai to go ahead.   The league is not satisfied on four items, although it is not clear what those are at this stage.  The club will not suffer any points deductions, but need to come out of administration by the end of the season or they will be thrown out of the competition.

Bristol City get boost to stadium plan

Bristol City has received a boost to its proposed £92m stadium development at Ashton Vale.  The football club chairman, Steve Lansdown, sold £58m of shares in Hargreaves Lansdown, the company he co-founded with the intention of partially funding the stadium project.   Some of the money will go into a new 'green' private equity venture and Mr Lansdown declined to confirm that most of the cash would go towards funding the football club's plans.

Businessman disillusioned with Hull experience

Peter Wilkinson, the multi-millionaire businessman who bankrolled Hull City under Adam Pearson, has dashed speculation that he might return to the game.   it was clearly a disllusioning experience for him.  He told the Yorkshire Post, 'I have finished in football forever.  Why would you want to spend some of your hard-earned money to be abused and ridiculed by the supporters, hated by some of them, because you cannot achieve something that is totally unrealistic?'

Millwall shareholdings cancelled

The majority of shareholdings in Mlllwall will be cancelled on Monday if Millwall Holdings secures support for a share consolidation.    Every 100,000 shares will be consolidated into a single share.

Managerial turnover

The sacking of Paulo Sousa by Leicester City after just nine games in charge reflects special conditions at the Foxes, but also illustrates a more general issue.   Leicester City has had 14 managers since 2004.

For current owner Milan Mandaric it will be his ninth managerial appointment in three years.  As chairman of Portsmouth, Mandaric appointed nine managers in eight years.   Leicester are currently in the middle of a change of ownership, with the Football League preparing to approve the takeover by Thai-based Asia Football Investments.

Blades cautiously optimistic

While Sheffield Wednesday fight off the threat of administration, the mood across the city at Sheffield United is one of cautious optimism.   Talks are in progress with a potential Malaysian investor who would join the board, although it is emphasised that this would not be a 'splash the cash' deal.

Hull work to sort out their finances

Things were looking bleak at Hull City over the summer and there were fears that the club could be forced into administration.   The short-term picture is now looking better, although challenges remain in the medium and long-term.

Rams deny financial problems

Derby County have emphatically denied that the club is facing financial problems.   One of the American consiortium that owns the club, Jeff Martinovich, was reported to be having financial problems back in the States.  However, it has been pointed out that he is one of the smaller investors in the club and any difficulties he may face are unrelated to the situation of the club.