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Ben Hayes - Charlton Athletic programme

League 2

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New troubles at Plymouth Argyle?

It is five years since Plymouth Argyle were rescued from oblivion and the excellent 'two unfortunates' blog take a look at the current, rather complex and worrying situation.  

Is Carlisle bid for real?

One of the difficulties with reports about takeover bids is sorting out those which are substantive and those which are flights of the imagination.   There have been cases in the past of bidders for football clubs not having the funds they claimed to possess or promised to invest.   In one or two cases they actually proceeded to acquistion with disastrous results for the club concerned.

Investors focus on lower leagues

Global investors are increasingly focusing on Leagues 1 and 2 as they seek investment opportunities in football, according to the latest annual survey of football finance directors by accountants BDO.

No less than 73 per cent of League Two clubs have received an approach from potential investors in the last year.   Investors are interested in the potential for growth in clubs with stable business models.

Accrington's high hopes

With the smallest playing budget in League Two at about £450,000, Accrington Stanley missed out on automatic promotion last season on goal difference.  They then lost in the play off semi-finals to AFC Wimbledon.

Since then a number of star players have left, two to Rangers for just £125,000.   The club reckons that domestic transfers in England would have yielded around £2 million.  It just shows how the odds are stacked against small clubs.

Revenues grow in Leagues 1 and 2

The latest Deloitte Sports Business report shows that a 14% fall in League 1 revenues was primarily due to the absence of Wolverhampton Wanderers, whose revenue comprised 22% of the division's total in the previous season.  The 17 clubs present in Leaguie 1 in both 2013/14 and 2014/15 grew combined revenues by 6%.  League 2 clubs' revenues were 5% higher than in 2013/14.

Yeovil Town make big losses

Yeovil Town made a £692,000 loss in 2014-15 as they were hit by relegation to League One.   Turnover dropped from £7.8m to £4m as attendances fell.  Their 2013-14 season in the Championship saw them make a £1.4m profit.  

Notts County sale imminent

The sale of Notts County is reported to be close.   It could take place within a week or even tomorrow.  The identity of the purchasers is not known, although there has been speculation about an American consortium.   Potential Danish and Chinese buyers have also been interested.

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.

Wimbledon stadium setback

AFC Wimbledon's plans for a new stadium at their historic home in Plough Lane have suffered a setback after the Greater London Authority decided to call in the planning approval and review it.   However, the club is confident that the plans will go ahead after some delay.