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 »

Round the lower levels Part 1

Posted on November 28, 2011

Plenty has been happening once you look down the football pyramid since I last gave a general overview.  The continually flashing lights on my radar screen have of course been Plymouth Argyle and Wrexham, although, for entirely different reasons, I have resisted the very strong temptation to blog on these two clubs.  In the case […]

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Posted in Debts, Insolvency, Ownership, Stadium | 4 Comments »

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 »

On Hillsborough and other football tragedies

Posted on April 15, 2011

Today has rightly been a day of remembrance for the victims of what can only be described as the Hillsborough tragedy.  Part of the reason for the scale of remembrance and the depth of emotion today is the continuing unanswered questions, well posed by David Conn in The Guardian (1). I suspect that at least […]

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Posted in Health & Safety, Stadium | 1 Comment »

Groundhog Day for the Trotters?

Posted on November 12, 2010

Reading through my Bolton file certainly makes for consistent reading, although ‘consistently inconsistent’ might be more accurate. “We have to balance the books” he told us as far back as 2003 (1), adding “We can’t afford to spend any money we haven’t got. We’re not going to go down that route.”  A fan of Mr […]

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Posted in Costs, Debts, Ethics, UEFA, Wages | 2 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 »

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 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 »

A Political Football

Posted on May 20, 2010

In the lead up to the general election (and running alongside a large number of local council elections), I blogged on how I thought it significant that the political parties were wooing the fan vote, but did not hold out much prospect for major new initiatives actually happening after polling day.  Well, as many a […]

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Posted in 2018, Governance, Politics, Premier League | Leave a Comment »

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 »

Arabs and soccerball

Posted on July 8, 2009

It is reported that Charlton Athletic are possibly the subject, again, of a takeover bid from the UAE (1) and (2), this in the context of recent annual losses of £11.5m (3), the selling of fixed assets (4), and relegation to League 1. Less than a week ago Plymouth Argyle (Championship) were taken over by […]

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Posted in Benefactors, Ownership | 1 Comment »

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 »

Debt, the APPFG Report and the beleaugured Premier League

Posted on April 23, 2009

Owners of Premier League clubs must be beginning to wonder who is going to have a pop at them next. First UEFA President Michel Platini complained about the lack of homegrown players in the PL (1); then he slammed their proposal for a 39th game played abroad (2). Next the attack came from nearer home […]

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Posted in Governance, Insolvency | Leave a Comment »

A bursting bubble?

Posted on April 20, 2009

Almost since the Premier League first sold its broadcasting rights and started on a seemingly unstoppable upward spiral, sports management academics have debated when the bubble was going to burst. Over the years the debate has become less fruitful, and less frequently aired. North of the border it could just be that the bubble is […]

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Posted in Broadcasting rights, Governance, Revenues | 3 Comments »

 
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