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Exiles fans reach takeover target

Newport County Supporters' Trust have raised the funds they need to secure control of the club.  They now become the fourth fan owned club in League Two alongside Exeter City, Portsmouth and Wycombe Wanderers.

Wolves up for sale

Wolverhampton Wanderers have been put up for sale by owner Steve Morgan after eight years at the helm.   He bought the club from Sir Jack Hayward in 2007 for £10 with promises of £30m of investment. He is not likely to sell for £10.  The asking price is unknown, but around £25m has been mentioned.

Two West Midlands Premier League clubs, Aston Villa and West Bromwich Albion, have been available for some time.   As has been noted in earlier posts, there are not many quality buyers around at the moment.

Where have all the investors gone?

It's been a very slack news period recently which is why I haven't been posting much.   Financial results, of course, are often out by now.   However, there has been a dearth of takeover stories.

When you think about it, a lot of potential investors have disappeared.   The fall in the oil price hasn't helped, as a lot of them come from countries where oil and gas contribute a major part of national revenues.

Fans demand answers on takeover saga

It has been one of the longest drawn out takeover sagas in recent football history.  The mystery 'Indian consortium' that wants to take over Northampton Town is yet to be identified.   Now fans are launching a social media campaign to try and find out what is happening.

Russell Crowe rules out Leeds bid

Hollywood actor Russell Crowe has ruled out fronting a bid for Leeds United.   Earlier in the year, he asked his followers on Twitter whether he should make a bid.

Crowe thinks that the club could be turned around and restored to its former glories, but is concerned about the toll it would take on him and his family.

Football and global energy politics

The link between football and the geopolitics of global energy supplies may not seem to be an obvious one.  But under conditions of globalisation, different sectors of the economy become intertwined.  Football can offer prestige, influence and access to decision-makers.    These links are explored in this interesting article.

Interest in buying top clubs fades

Premier League clubs are starting to return profits.   These are likely to increase when the effects of the lucrative new television deal kicks in.   Yet in at least five cases sales of Premier League clubs have failed to be brought to a conclusion over the summer, despite often intensive bargaining.

West Bromwich Albion, which at one time entered exclusive talks with a buyer, saw the deal collapse when the Chinese stock market plummeted.   The banks stopped lending and the buyer couldn't complete.

Uncertainty surrounds Cobblers takeover

Uncertainty is surrounding the takeover of Northampton Town by a mystery Indian consortium.   One question has always been what the motivation would be to acquire a League 2 club, albeit one in a reasonably prosperous area with some potential for progress.   

Nearly a month has passed since chairman David Cardoza announced the heads of terms agreement with the mystery buyers, leaving rumour to fill the void of information coming from the club.

Villa talks dead in water

Aston Villa manager Tim Sherwood has said that takeover talks for the club are 'dead in the water'.   Exclusivity had been granted to a mystery consortium over a £150m takeover, but talks collapsed.

This means that Randy Lerner has failed to sell the club for a second successive summer.   The question that arises is, why?   There is a healthy appetite for acquiring Premiership clubs given the new television deal which means that they require less in the way of subsidy from a new owner.

Valencia hopeful of brighter future

Singapore billionaire Peter Lim acquired control of Valencia last year.   The club had struggled financially for years with debt increasing faster than income.

His plans remain unclear, but there are hopes of a brighter future.   As the Spanish economy recovers, that should also help.