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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 »
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 […]
Posted in Benefactors, Debts, HMRC, Insolvency, Ownership, Stadium | 1 Comment »
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 […]
Posted in 2018, Governance, Politics, Premier League | Leave a Comment »
Subbing the club or the owner?
Posted on July 7, 2009
In a comment to a posting yesterday (1) I referred to what I call ‘subbing the club’. At Aldershot Town fans have set up a player fund to aid the club (2) and have raised £40,000, which manager Gary Waddock has available to spend as he likes on transfer fees or wages. At Stafford Rangers […]
Posted in Benefactors, Fans, Insolvency, Trusts | 2 Comments »
Cutting your cloth in the Conference
Posted on June 26, 2009
The calling in of Administrators Deloitte by the UK arm of Setanta came as no surprise. The question had long been ‘when?’ rather than if ‘if?’. The precise implications of the collapse are less predictable however, and will only become clearer in the next few days and weeks. The sport which will be potentially the […]
Posted in Broadcasting rights, Insolvency | 2 Comments »
Football’s postcode lottery
Posted on April 9, 2009
Port Vale have had their share of problems of late. They were facing ‘huge losses’ (1) and this a club that had gone into Administration in 2002. Two recent pieces of news will have brought some relief though – first, the club’s shirt sponsor, Harlequin Property, are reported as “set to invest £500,000 in Valiants” […]
Posted in Community | 2 Comments »
A movable famine, as it turned out
Posted on March 30, 2009
The third Thursday in March – the cut-off date for clubs going into Administration who look like they will be relegated but want to take this ten points deduction this season – has come and gone. With the financial increasing pressures on clubs, many observers had anticipated a flood of Administrations. These included Barry Hearn, […]
Posted in Insolvency | 1 Comment »
