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Ben Hayes - Charlton Athletic programme

The Premiership

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Premier League boosts economy

There's a certain amount of boosterism going on in this report from Ernst & Young on the economic contribution of the Premier League and it would be interesting to check some of the methodology.  For example, do the figures on tax treat VAT in gross or net terms?

Win-win on Cech deal

Petr Cech's move to Arsenal has been portrayed as something of a psychological blow for Chelsea, a shift in the centre of gravity of London football across the capital from west to north.   However, this article reckons that the deal makes good financial sense - for Arsenal as well as for Chelsea.

Court hits financial fair play rules

The Euroean Union's Court of First Instance has struck a blow at Uefa's financial fair play (FFP) rules, reinforcing the widely held belief that the rules lack a strong legal foundation.

A closed Premier League?

Could the Premier League become a super league with no promotion and relegation in the future?  This scenario is discussed here.

The article also talks about mergers between clubs.   The absence of a mergers as a rationalisation device is something that distinguishes football from other economic sectors.   They do happen occasionally at non-league level.   They are rare above that level, although Inverness Caledonian Thistle is a successful example.

Arsenal splash the cash

The potential signing of Peter Cech from Chelsea could be a sign that the penny pinching days at the Emirates are finally over.   Admittedly, Cech was number two at the Bridge for much of last season, but Chelsea are not keen to see him move across London.

Olympic Stadium cost grows

The cost of converting the Olympic Stadium for football has grown.   The final bill has now risen to £272m, most of which will be met by the taxpayer.    The total cost of the stadium will be £709m, whereas Wembley was built for £798m in 2007 and the Millennium Stadium cost £121m in 1999.

Chelsea advance stadium plans

Chelsea are advancing their plans to redevelop Stamford Bridge through a series of meetings with local businesses and residents. They abandoned the idea of moving home after difficulties with three alternative sites around London including Battersea and Earls Court.

At the moment the capacity is 41,623. Arsenal's Emirates Stadium has a capacity of 60,000 giving them £30m more a year in ticket income than Chelsea.

Football remains expensive

A survey by the Halifax shows that going to football matches remains an expensive pursuit.   Based on an adult season ticket for the Premiership, the cost has risen 165 per cent since 2005, close to six times the rise in consumer prices over the same period.

However, the cost has only gone up 12.7 per cent in the past year, compared with a 14.3 per cent rise in the cost of a takeaway and 23.2 per cent for a visit to a theme park which has gone up 79 per cent over the period surveyed.

Manchester United first football club to reach $1bn brand valuation

Brand Finance, a brand valuation and strategy consultancy has released a report called Brand Finance Football 50 which calculates that Manchester United is now valued at over $1.2bn.

This puts the club ahead of Bayern Munich ($933m) and Real Madrid ($873). PSG were in 9th position ($541m) and the top Italian club in the list was Juventus - 11th with a valuation of $350m.

Premier League to drop sponsorship

The Premier League is to stop having a named sponsor when its present agreement with Barclays expires in 2016.   Barclays have been sponsors since 2004.

It reflects a desire to have a 'clean brand' like major American sports leagues.   The new television deal means that the league can afford to drop having a sponsor.