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

Search Results

Of (dream) stadiums at Plymouth and Southend

Posted on May 29, 2011

While the insolvency process has many shortcomings when it comes to football clubs, one good thing it does do is shake some of the skeletons out of the cupboard.  As a Pompey fan, I’m expecting some pretty shocking data, and, who knows, even legal proceedings, to emerge as forensic accountants work on the liquidation of […]

Read the rest of this post...

Posted in 2018, Insolvency, Stadium | 2 Comments »

Tears before bedtime at Plymouth?

Posted on May 26, 2011

The announcement that Peter Ridsdale is expected to become the new owner of Plymouth Argyle (1) at a purchase price of £1 seems to have come as no surprise to anyone other than the Spinmeister himself apparently.  He says “This is not a transaction that I sought or contemplated but, if it is the only […]

Read the rest of this post...

Posted in Insolvency, Ownership, Trusts | 2 Comments »

Lessons from Plymouth

Posted on January 3, 2011

The car crash that Plymouth Argyle is on the verge of turning into is a strange case, yet many a club might well think that there but for the grace of god go they. At the beginning of the nineties Dan McCauley had become Chairman, with his predecessor Peter Bloom becoming Vice Chairman.  While the […]

Read the rest of this post...

Posted in 2018, Assets, Benefactors, Cashflow, Debts, History, HMRC, Insolvency, Investors, Ownership, Stadium | 14 Comments »

Round-up of Season 2011/12

Posted on September 8, 2012

The 2011/12 season has been characterised by long-running sagas.  Normally I find myself in an annual review recounting a series of relatively self-contained accounts of the woes which have beset a number of clubs, but many of those listed below are far from resolved scenarios. The selection is not systematic – it consists of the […]

Read the rest of this post...

Posted in Benefactors, Debts, HMRC, Insolvency, Ownership, Resurrection, Trusts | Leave a Comment »

So, is it really ‘goodbye Bluebirds, hello Red Dragons’?

Posted on June 7, 2012

Like the old joke about anti-social behaviour in a lift, what is happening at Cardiff City is just plain wrong at so many levels. The root causes of the problem lie in Sam Hammam’s decision to build a new stadium, the resulting deep financial difficulty that Cardiff got themselves into with Langston and the Damoclean […]

Read the rest of this post...

Posted in Cashflow, Debts, Fans, Investors, Marketing, Merchandising, Ownership, Stadium, Strategy | 5 Comments »

HMRC Winding-Up Petitions

Posted on February 23, 2012

The following list is of the winding-up petitions presented by HM Revenue and Customs (HMRC) and its predecessors, the Internal Revenue (IR) who were responsible for the collection of direct taxation such as income tax (PAYE) and National Insurance contributions, and HM Customs and Excise (C&E) who were responsible for the collection of indirect taxation […]

Read the rest of this post...

Posted in | 1 Comment »

That elusive number of insolvent football clubs

Posted on February 13, 2012

Today’s breaking news makes for grim reading. First there are the reports that Portsmouth is to go into Administration again (1).  With the club’s bank account now frozen, players and other staff unpaid, and an early parachute payment in the offing, this comes as no great surprise. Meanwhile, North of the Border, it is reported […]

Read the rest of this post...

Posted in Insolvency | 2 Comments »

No. of Clubs

Posted on February 13, 2012

I’m sometimes asked for a magic number – the number of top clubs which have gone into Administration.  It’s difficult give a simple answer because: Administration is a misleading basis for counting.  Clubs can be wound up without ever going into Administration.  A better measure is ‘insolvency event’, a term which can however be defined […]

Read the rest of this post...

Posted in | 1 Comment »

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 […]

Read the rest of this post...

Posted in Community, Fans | Leave a Comment »

2011 – The Year in Insolvency Events

Posted on December 31, 2011

Below is a round-up of the insolvency events I have logged during 2011.  The definition of insolvency event is a debatable one, and I prefer a descriptive rather than prescriptive one.  Broadly I would define an insolvency event as one which reflects a discontinuity in the operation of the ‘club as company’ caused by insufficient […]

Read the rest of this post...

Posted in Insolvency | 3 Comments »

Round the Lower Levels Part 2

Posted on December 21, 2011

At last, Part 2 of my overview of what is happening from a broad financial perspective.  Part 1 ran alphabetically up to Prescot Cables, and is available here.  With a slight jump backwards, we pick it up with: Port Vale An interesting case of ‘fan ownership’.  Valiant 2001 bought the club from the Administrators in […]

Read the rest of this post...

Posted in Benefactors, Debts, HMRC, Insolvency, Ownership, Stadium | 1 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 […]

Read the rest of this post...

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

Stadium developments (and redevelopments)

Posted on October 24, 2011

In the last couple of weeks, stadiums, both those which are newly planned and those where there has been or will be redevelopment, have being popping up on my radar screen with surprising regularity. The saga of what to do with the Olympic stadium shows no signs of reaching resolution.  Sadly we seem to be […]

Read the rest of this post...

Posted in Assets, Stadium | 5 Comments »

Unsung heroes

Posted on October 14, 2011

The news that Plymouth Argyle’s players and administrative staff are still failing to get their full pay (1) is not, of course, really news at all.  This situation has been going on for roughly a year.  It’s a message of despair that has become as familiar as Peter Ridsdale cooing that he expects a deal […]

Read the rest of this post...

Posted in Community, Human Resource Management, Identity, Insolvency, Investors | Leave a Comment »

“Completely vindicated”? Well, not quite completely

Posted on September 29, 2011

The press have been quick to quote Peter Ridsale as saying that he had been “completely vindicated” following the dropping of charges fraud brought against him by Cardiff Training Standards Department (see BBC and This is Plymouth for example). In my book, in this case that fine arbiter of plain English, the Oxford Advanced Learner’s […]

Read the rest of this post...

Posted in Ethics, Fit and Proper Person tests | 3 Comments »

 
Follow

Get every new post delivered to your Inbox.

Join 132 other followers