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Appendix E: Tough Love for Salisbury City?
Posted on May 23, 2010
This is the time of year that anorakies like me start to change our data files to reflect the promotions and relegations which are about to take place officially. If you think that is already a straightforward task, barring the odd play-off final, then you are forgetting what is happening in the Conference and lower […]
Posted in Debts, Football Association, Football Conference, Governance, HMRC | 4 Comments »
Farsley Celtic LATEST and Salisbury City
Posted on July 7, 2009
Things look grim both ‘up North’ and ‘down South’, and football’s governance may have to face up to an unforeseen problem. Celtic, now in Administration, have been thrown out of the Conference (1) but semed to have a possible lifeline of appealing to the FA on the precedent of Northwich Victoria (2). Now the Non-League […]
Posted in Governance, Insolvency | 1 Comment »
Buyers for Salisbury City?
Posted on April 16, 2009
Salisbury City, currently lying 14th in the Conference with 54 points, have been up for sale for £1 since April 8th. (1) and are now reported as having three or four serious candidates to purchase the club (2). It’s not just having £1 that matters – a condition of the sale is that the new […]
Posted in Governance, Ownership | Leave a Comment »
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 […]
Posted in Benefactors, Debts, HMRC, Insolvency, Ownership, Resurrection, Trusts | Leave a Comment »
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 […]
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 […]
Posted in Community, Fans | Leave a Comment »
Portsmouth’s continuing purgatory
Posted on July 16, 2010
To no-one’s, I suspect, great surprise, HMRC has waited until the last minute to object to the proposed CVA (1, 2 , and 3). The grounds on which HMRC are appealing are twofold: (a) The interests of HMRC have been or will be unfairly prejudiced by the taking of that decision; and (b) There were […]
Posted in Debts, HMRC, Insolvency | 15 Comments »
The very strange case of Swindon Town
Posted on June 5, 2010
Swindon and Salisbury lie rough forty miles apart, so it is quite possible that a Salisbury City fan may have picked up the latest copy of The Swindon Advertiser and read this intriguing report, entitled ‘Town’s CVA finally signed off‘. Quite what their reaction was I hesitate to guess. They must surely have looked to […]
Posted in Debts, Football Association, Football League, Governance, HMRC, Insolvency | 3 Comments »
The Top 91 Clubs?
Posted on May 29, 2010
The uncertainty and overall shambles characterising the allocation of clubs next season in the Non-League divisions (see Appendix E: Tough Love for Salisbury City?) is in danger of spreading to the Football League. Grimsby Town, together with Darlington, occupied the two bottom slots of League 2 at the end of the season just gone, and […]
Posted in Football League, Governance, Pyramid movement, Relegation | 2 Comments »
The descent of Grays Athletic
Posted on May 28, 2010
As I said in my last blog post Appendix E: Tough Love for Salisbury City?, Grays Athletic face a rather worse fate rather than straightforward relegation to the Conference South. It’s a depressing tale, and one can’t help feeling it was an accident waiting to happen to a club. The club had faced and survived […]
Posted in Benefactors, Football Association, Football Conference, Governance, Pyramid movement, Relegation, Stadium, Trusts | 1 Comment »
More turmoil at Notts County
Posted on February 11, 2010
With the kind of spin which even Peter Ridsdale would be proud, Chairman Peter Trembling has issued the following statement on the Notts County website (1) which begins: “I am delighted to announce that the search for investment into this football club has concluded and last night I signed over my 90% shareholding in the […]
Posted in Chutzpah, Insolvency, Ownership | 2 Comments »
Pack Up Pompey?
Posted on December 10, 2009
Well, according to the club itself in a statement issued this morning, “The club is not going into administration. If that were the case it would have happened at the end of September or early October. This week alone, HM Revenue and Customs were paid £2m and other historical arrears are being dealt with on […]
Posted in Insolvency, Marketing, Public relations | 1 Comment »
Should Steven Vaughan be worried?
Posted on November 18, 2009
Well, obviously he should about the future of Chester City, but I was thinking rather more of the implications of his signing an undertaking banning him from acting as a company director until the year 2020 (1). The specific implication is that “may no longer act as either an active or inactive director, or exercise […]
Posted in Fit and Proper Person tests, Football Association, Football Conference, Governance, Ownership | 2 Comments »
Insolvency overview
Posted on November 15, 2009
Three weeks is a long time in football management – it was only on 25 October that I posted my last overview. Previous ‘overviews’ can be accessed by clicking on the ‘Overviews’ tag at the top of the page. With a number of clubs things have become clearer, but for many the confusion has just […]
Posted in Debts, Fit and Proper Person tests, HMRC, Insolvency, Ownership | 23 Comments »
Administrations review
Posted on October 25, 2009
With several court appearances due to consider various aspects of insolvency at different clubs, now seemed a good time to take a broad look at clubs that have been in trouble recently: Bournemouth Bournemouth has been well covered in postings passim. £150,000 is due to HMRC but the club’s bank account remains frozen. Eddie Mitchell […]
Posted in Debts, HMRC, Insolvency | 19 Comments »
