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Ben Hayes - Charlton Athletic programme

The Premiership

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United get training kit deal

Manchester United are to become the first club to have a sponsor just for their training kit.  This week they will announce a £4m a season agreement wuth logistics company DHL.   This means that in effect the space on Wayne Rooney's training bib is more valauable than that on the first team shirts of twelve top flight rivals.

Lim uncertain about United investment

Singapore billionaire Peter Lim who tried to buy Liverpool FC last year has been approached to act as a cornerstone investor in a $1bn public offering by Manchester United, but has expressed doubts aboyt the valuation.   He has commercial links with United through an interest in a chain of themed restuarants and bars in Asia that are based on the club.

Werner discusses Liverpool plans

In an interesting interview with a Wall Street Journal blog Tom Werner discusses the future of Liverpool and some of the distinctive features of English football he has had to adjust to.   The importance of the Asian market is emphasised.   In the context of selling the naming rights of the stadium, he reveals that discussions will be held in Shanghai next week with a number of international corporations.

Glazers file for Singapore listing

Manchester United have filed a listing application at the Singapore stock exchange.   They are expected to offer 30 per cent of the company for sale and hope to raise £600m.   The listing is expected to take four to twelve weeks to complete.


Although some of the proceeds would be used to pay down the club's £515m debt, it may also lead to additonal money being made available in the January transfer window.    The club will not, however, compromise a pay structure that ensures that wages account for less than 50 per cent of turnover.

Serious financial problems at Everton

The seriousness of Everton FC's financial problems have been revealed in the transcript of a meeting between chairman Bill Kenwright and the supporters' coalition Blue Union.   The publication of the transcript has been a serious embarrasment and the possibility of legal action against Blue Union is being considered.

Serious financial problems at Everton

The seriousness of Everton's financial problems have been revealed in the transcript of a meeting between chairman Bill Kenwright and the supporters' coalition Blue Union.   The publication of the transcript has been a serious embarrasment and the possibility of legal action against Blue Union is being considered.

Fernandes seals QPR deal

Malyasian entrepreneur Tony Fernandes has completed his takeover of Queens Park Rangers.  He has bought out the stakes of majority shareholders Bernie Ecclestone and Flavio Briatore giving him a 66 per cent stake in the club.  


QPR said Mr Fernandes would become chairman and Amit Bhatia, the son-of-law of steel entrepreneur Lakshmi Mittal, who owns the remainder of the club, would return as vice-chairman.  He resigned in May angered by board decisions to sack former chief executive Ishan Sakesensa and to increase ticket prices.

Uefa to scrutinise City deal

Manchester City's sponsorship deal with Etihad Airways is to be scrutinised by Uefa's financial fair play panel.   The deal was rumoured to be worth £400m, but City have said that that figure is not accurate.

QPR announcement expected today

An announcement that Air Asia entrepreneur Tony Fernandes has acquired a majority stake in Queens Park Rangers is expected today.   Most reports refer to a 51 per cent holding, but another possible formula is a 56 per cent stake for Fernandes while Lakshmi Mittal would increase his stake to 43 per cent.   He and Fernandes are reported to have struck up a good relationship.

United to float in Singapore?

A report in the Wall Street Journal and quickly picked up by other media suggests that Manchester United is to float a  stake in the club on the Singapore stock exchange in the autumn.   The exact amount to be offered is not known, but the figure of 25 to 30 per cent has been mentioned.  Credit Suisse have been appointed as advisers to the float, but are refusing to comment.