Football Management

Commentary on the management of over 160 English football clubs by Dr John Beech, winner of the FSF Writer of the Year Award 2009/10 Twitter: @JohnBeech Curator of Scoop.it! Football Finance

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The Magic of Football – still there in the Cups?

Posted on January 27, 2012

It’s increasingly difficult to see any magic in the beautiful game other than black magic, especially when you look at it from a financial perspective.  You only need to think of the narrow escapes at Plymouth and Wrexham recently, and both Portsmouth and Darlington are standing on the edge of the precipice. The Cups may […]

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Posted in Community, Fans | Leave a Comment »

The Big 1, 2, 3 or is it still 4? Or more?

Posted on June 9, 2011

Currently I’m working on a joint research project on various European football leagues with colleagues in Austria.  One set of data which we have produced so far casts some light on this perenial debate.  The latest version of the date centres of course on whether Liverpool ‘have fallen out of the Top 4′, and/or whether […]

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Posted in Governance, History, Premier League, Pyramid movement | 3 Comments »

Manchester City following in Pompey’s footsteps

Posted on October 2, 2010

Manchester City’s financial results, published earlier this week (1), were generally reported uncritically earlier this week, notwithstanding the key loss of £121m, with the exception at least of The Sun (2), where there was some attempt to look beyond the positive headlining provided by the club. According to the club, the financial highlights could be […]

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Posted in Benefactors, Costs, Debts, Ownership | 10 Comments »

Setting up own goals

Posted on August 17, 2010

I’m not one given to railing against foreign owners in principle, providing that is that they are not absentee owners.  Lately though we seem to be finding foreign owners attracted to English clubs who just do not seem to have an appreciation of what is going on English football, and unaware of the obvious mistakes […]

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Posted in Benefactors, Ethics, Fit and Proper Person tests, Ownership | Leave a Comment »

The trouble with new stadiums 4 (and final)

Posted on August 10, 2010

[See also The trouble with new stadiums 1, which looked at the argument that “We’re a club with ambition and we need more seats to reflect that ambition”, The trouble with new stadiums 2, which looked at the argument that “We’ve got the wrong sort of stadium.  We need one better suited to maximising our […]

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Posted in Assets, Costs, Debts, Stadium | 13 Comments »

The Portsmouth verdict…

Posted on August 6, 2010

… or the Great Escape thanks to an own goal. As a Pompey fan, not surprisingly my first reaction to the verdict of Mr Justice Mann was one of relief, a feeling no doubt shared by all Pompey fans, and especially by those members of the club’s non-playing staff for whom the threat of further […]

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Posted in Debts, Football League, Governance, HMRC, Insolvency, Law, Premier League | 9 Comments »

The trouble with new stadiums 1

Posted on June 27, 2010

You may have noticed – I am not a fan of the new stadium.  At the Supporters Direct Conference I spoke briefly about ‘the myth of the new stadium’, and over a couple of postings I’ll  elaborate on why I don’t, in general, rate them. Broadly, there are three lines of argument that are trotted […]

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Posted in Stadium | 7 Comments »

UPDATES to ‘Insolvency round-up’

Posted on September 12, 2009

I’ve added a couple of short updates as ‘comments’ on the ‘Insolvency round-up’ posting, specifically on Lewes, Portsmouth, and Southend. For some of the clubs I selected there is more substantive news: Accrington Stanley The first two days of the ‘Save our Stanley’ campaign (although ‘Save Stanley’s Board’ might be nearer the mark) raised £10,000 […]

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Posted in Debts, HMRC, Insolvency | 3 Comments »

Management of a PL club from the inside

Posted on September 7, 2009

John Williams, Chairman of Blackburn Rovers – a post he was promoted to  in 2005 from his earlier position as Chief Executive, is no ordinary PL Chairman. Clearly he does not subscribe to the culture of secrecy (see previous posting Culture of Secrecy) that makes any research on football management so challenging. Today the Lancashire […]

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Posted in Costs, Organisational culture, Revenues, Uncategorized | Leave a Comment »

Italy’s new ‘Premier League’

Posted on August 27, 2009

The BBC has reported under the headline Serie A to form breakaway league that “Serie A is set to copy the formation of England’s Premier League“, to be known as Lega Calcio Serie A (1). Before looking at a rather important detail that the BBC omits, it is worth looking at whether the formation of […]

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Posted in Broadcasting rights, Governance | 5 Comments »

Half Premier League ‘technically insolvent’

Posted on August 15, 2009

The latest report from Equifax on the financial state of the clubs in the Premier League (as reported at 1) makes extremely depressing reading. Details are shown below. The Equifax score is based on accounts data, age of accounts, trading stability, profitability, working capital, gearing, and legal and court information. Club Score out of 100 […]

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Posted in Uncategorized | Leave a Comment »

The fate of resurrectionist clubs

Posted on July 6, 2009

I’m not sure what it is that draws me to following the fate of resurrectionist clubs. Perhaps it’s just the curiosity of seeing whether the new club can make a better fist of it than its predecessor. Maybe it’s the delayed gratification of following their success or failure over a number of seasons. No matter […]

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Posted in Resurrection | 7 Comments »

Liverpool and the Auditors

Posted on June 11, 2009

KPMG, the auditors of Liverpool, have warned of a “material uncertainty which may cast significant doubt upon the group’s ability to continue as a going concern” (1). So, what does the qualification of a company’s accounts by its auditors imply? With a conventional business it would certainly be a cause for concern, and an indicator […]

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Posted in Debts | Leave a Comment »

Premier League wages

Posted on June 6, 2009

Deloitte’s Annual Review of Football Finance is eagerly awaited by fans of the football business, and this week’s appearance was no exception (1). Their view that, all in all, the Premier League garden is rosy, was repeated in reports such as that of the BBC, which is headlined “Premier League ‘defies downturn’” (2). Over recent […]

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Posted in Costs, Revenues, Wages | Leave a Comment »

Darwen’s demise and the Premier League

Posted on May 8, 2009

It’s always sad to see a football club fold, but the case of Darwen, which gave up yesterday (1), is a particularly sad one. It is another in a series of significant collapses in the Ribble Valley, arguably the birth place of professional football in England. Famous precursors include the original Accrington and the more […]

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Posted in Insolvency | 2 Comments »

 
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