Skip to main content

"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

Football Finance

Share/Save

Germans now sole bidders for Sunderland

A consortium of Sunderland supporters bidding to take over the club has pulled out of the running. Because of film and television commitments they think it isn't the right time to get involved.  It is hoped that new owners will be in place before the end of the month.

Rival bids for Sunderland

A consortium of wealthy supporters is ready to rival a German bid for Sunderland.    It is believed that there is a big gap between owner Ellis Short's valuation of the club and its crippling debt and what the German consortium is prepared to offer.

Chinese offer for Newcastle

Mike Ashley is considering an offer from a Chinese consortium to invest in Newcastle United.   A stake rather than a full takeover seems to be on the table, but a minority investment could lead to a complete takeover in time.

Ashley values his stake at £350m -£400m which has so far deterred potential buyers, but the Chinese appetite for a slice of Premiership action is strong.   A substantial investment would help Newcastle to recruit top players.

Leyton Orient survive court hearing

A winding up petition against Leyton Orient has been dismissed at the High Court after the four creditors on the petiition were paid in full.   However, it is believed tbat there are other creditors who were not on the petition.   The total amount paid is thought to be around £250,000.

Fans packed the courtroom and others waited outside.

Takeover interest at Sunderland

Sunderland are engaged in takeover talks with a German consortium that has a longstanding interest in English football.   The £110 million price tag on the club asked for by owner Ellis Short does not appear to have deterred them.

Sunderland are being advised by Dr Keith Harris who has advised on the purchase of many clubs including Chelsea, Manchester City and Everton.

Top six want bigger share of spoils

Overseas broadcasting fees have become increasingly important in the Premier League's revenue stream.  An estimated £3bn of the £8.3bn broadcasting pot now comes from this source.

German tax probe could force Saints sale

The pressure on Katrien Liebherr to sell Southampton could increase as a result of an investigation by the German tax authorities.   The public prosecutor's office is investigating the tax liability of her late father, Markus Liebherr.

Premier League fatigue leads to Europe failure

According to a Financial Times analysis, the amount of money in the Premier League has increased its competitiveness, to the point that the top clubs have to devote so much energy to the domestic campaign they are too drained to take on Europe's leading clubs.

Title earns Chelsea £151m

Champions Chelsea have earned nearly £151m in television fees and prize money.  Chelsea received almost £58m more than Leicester City did for winning the title last season.

Chelsea's prize money for coming top was £38.8m, while 'facility fees' for being shown live on television in 28 of their 38 league games brought in another £32.8m.   An equal share of TV deals, domestically and overseas, plus commercial income contributed about £79.2m.

Financial track record of Premiership clubs

Leading football journalist David Conn has provided an analysis of the accounts of Premier League clubs for 2015-16. Manchester United come out top with revenues of £515m and a profit of £49m.

The two years extension to Arsene Wenger's contract has received a rather unenthusiastic response from the club's fans and Conn suggests that any under performance is within Wenger's football operation. Football journalists in general seem to be rather critical of Wenger.