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"If you want some accessible but informative insight into football then I suggest you couldn't do better than the Political Economy of Football website, which is not only intelligible but comes with the added bonus of being written by Addicks fan Wyn Grant."
Ben Hayes - Charlton Athletic programme

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United do well out of Europa League

The Europa League is seen as very much a 'B' list competition in both financial and prestige terms, but Manchester United have done better out of it financially this season than they did from the Champions League last season.

Profit into loss at Gillingham

A profit of £180k at Gillingham in 2015 turned into a loss of £800,000 in the year ended May 2016.   Turnover was flat at £5.68m.

The wage bill was up 10 per cent in 2016, but is less than Ibrahimovic earns in ten weeks, illustrating the gap between the Premier League and League One.  The whole squad cost £80k and no player was signed for a fee in 2016.

A dispute with caterers Centerplate is to go to court in November 2017.   Out of court settlements have been rejected.

Argyle fans concerned about director reappointment

Plymouth Argyle fans have expressed concern about the reappointment of Tony Wrathall as a director of the club.   He bought a five per cent stake from owner James Brent.

Wrathall is a lifelong fan, but is seen as part of the old guard of the club and one of those who shared responsibility for it going into administration.

Juventus look good in Serie A

Accounts for Serie A clubs for the 2015-16 season are now complete and Juventus come out on top on a number of criteria.   Data from the author of the Swiss Ramble blog.

Juventus had the highest revenues at €351m. more than €100m ahead of Roma on €234m.   The importance of Champions League success in television revenues is readily apparent.  Juventus and Roma reached the group stages and they received a total of €195m and €154m respectively.  Juventus had the highest wage bill at €221m, followed by Milan on €204m.

Innovative marketing

Huddersfield Town have come up with an innovative marketing idea, offering fans a pre-paid funeral package.  It includes a coffin in the club's colours and bearing its crest, or with a home shirt and name on the back. A blue and white floral bouquet is provided with a condolence card from the club.   The club song is played at the funeral.

Financial challenges for Swansea

Swansea City AFC may yet retain their place in the Premier League, but they face considerable financial challenges in doing so. Data provided by the author of the Swiss Ramble blog demonstrates that the main factor is a constrained revenue base with a huge reliance on broadcasting income.

Forest set for takeover

Regardless of the results of today's games Greek shipping magnate and former Olympiacos owner Evangelos Mariankis is set to complete his takeover of Nottingham Forest.   This will end the controversial five year reign of Kuwaiti businessman Fawaz al-Hawasi who has managed to get through eight managers.  Let's hope it's not a case of out of the frying pan into the fire.

Millwall fans to contest general election

The Association of Millwall Supporters are to run a candidate in the general election in one of the Lewisham constituencies.   They have the necessary funds.

It follows a falling out with the local Labour council and mayor after an attempt to acquire land owned by the club through a compulsory purchase order so that a redevelopment, effectively a gentrification project. could go ahead.  

Why do investors buy non-league clubs?

A correspondent sent me some interesting questions about investors who get involved in non-league football and I thought it would be worth reproducing them and my answers here.

Charlton takeover talks stall

Talks for a takeover of Charlton Athletic by an Australian football consortium have stalled, but may yet be revived.   Unpopular Belgian owner Roland Duchatelet is willing to consider offers.

The consortium were prepared to pay £25m, a substantial sum for a League One club, but had difficulty in raising the money.   They are now looking at alternative ways of securing the required funds.