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Ben Hayes - Charlton Athletic programme

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Footballers top rich list

All but four of the twenty-two sportsmen listed in the latest Sunday Times list of the richest twenty in sport are footballers.   However, none of them are anywhere near being billionaires, of which there are 120 in the latest UK rich list.

Takeover at Welling

A deal is expected to be concluded which will lead to former Crystal Palace chairman Mark Goldberg taking majority control at Welling United.   The Wings have been relegated to the National League South.

Barry Hobbins has been involved with the club since it was formed in 1963, at one time sharing ownership with his brother who passed away.  

Wolves sponsorship deal criticised

A sponsorship deal concluded by Wolverhampton Wanderers with US-based pay day lender Money Shop has attracted widespread criticism.  It featured on the West Midlands edition of Sunday Politics with one panelist describing Money Shop as akin to 'modern day loan sharks.'

Big variations in spending on agents

Manchester United have paid the most money to agents of any club in the Premier League with more than £10m going on intermediary fees since October 1st.   The money included phased payments from contract renewals and transfers conducted during the summer.   United have used agents in contracts and transfers involving 40 players since April.

Bolton's wage bill challenge

Bolton Wanderers face a major financial challenge as they seek to adjust their wage bill to life in League One.   The average salary for a League One footballer in 2015 was £90,000 a year.  Several Bolton players are well in excess of that.   The wage bill was the main reason Bolton were losing £1m a month when the Sports Shield consortium took over in February.

Two disastrous owners

This article compares two disastrous owners who have been 'bad in new and innovative ways', Randy Lerner at Aston Villa and Roland Duchatelet at Charlton.   Duchatelet was the target of renewed protests at The Valley yesterday in which visiting Brighton and Hove Albion fans joined,

Spurs may have to cut seats

Tottenham Hotspur may have to remove as many as 8,000 seats, the majority from the Paxton Road stand, to facilitate building work on the new stadium to ensure that it is ready for the 2018-19 campaign. That would mean they would face the prospect of playing Champions League matches in front of crowds of fewer than 30,000.

The 22,000 season ticket holders would not be affected, but wth 3,000 tickets needed for away fans, there could be a significant reduction in the number of tickets made available for members and released on general sale next season.

Chinese group may buy AC Milan

The owner of AC Milan, Silvio Berlusoni, has been in negotiations with Galatioto Sports about the sale of the club.  They are representing a Chinese consortium headed by Robin Lee, the sixth richest man in China.

The intial offer would be for 70 per cent of the shares and is believed to be €700m.  The remaining 70 per cent would be acquired at a later date.

Brexit and the Premier League

As with anything concerned with Brexit, there are many complexities and uncertainties.  The lack of reliable information leads to a vacuum which encourages exaggeration and predictions of catastrophe by both sides of the argument.

However, leading sports lawyer Daniel Geey provides an authoritative guide to the key issues concerning players.

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.