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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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 […]

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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 […]

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Posted in Cashflow, Debts, Fans, Investors, Marketing, Merchandising, Ownership, Stadium, Strategy | 5 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 […]

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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 […]

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Posted in Community, Fans | 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 […]

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Posted in Benefactors, Debts, HMRC, Insolvency, Ownership, Stadium | 1 Comment »

Pompey and the potential for points deduction

Posted on November 29, 2011

Having carefully got through as far as Prescot Cables in the first half of my round up of clubs in trouble below the Premier League, I had rather assumed that I could at least get Part 2 published before returning to the subject of Portsmouth.  Clearly that was not meant to be.  So here are […]

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Posted in Football League, Governance, Insolvency, Points deduction | 16 Comments »

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 »

Some rather late and ineffective justice for Luton fans

Posted on September 11, 2011

There was some small crumb of comfort for Luton fans in the news that four of the directors of the previous owners of the club had been banned from being company directors (1) (and hence now fail the Fit and Proper Person Test).  Former chairman Bill Tomlins was disqualified for six years; Derek Robert Peter, […]

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Posted in Debts, HMRC, Insolvency, Points deduction | 5 Comments »

Round-up of insolvency events 2010/11

Posted on August 27, 2011

Things looked slightly better than in the previous season in simple terms of the number of insolvency events I have logged – ten events involving nine clubs, compared to twelve events each at a different club in the previous season – although there were still some large clubs involved.  In 2009/10 we had seen Crystal […]

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Posted in Insolvency, Ownership, Resurrection | Leave a Comment »

Just how slow can a car crash be?

Posted on July 3, 2011

On Tuesday we were told that the long-running Plymouth Argyle saga was on the verge of taking a significant turn according to Administrator Brendan Guilfoyle: “at a meeting with the preferred bidder held today, Tuesday, June 21, 2011, the terms of a formal sale and purchase agreement were agreed by both parties” (1).  These terms […]

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Posted in Fit and Proper Person tests, Football League, Governance, Ownership, Stadium | 5 Comments »

The worrying news of Brazil 2014

Posted on April 18, 2011

On a recent work trip to Poland I asked my host if he thought Ukraine would be ready for Euro 2012.  His response was “Never mind Ukraine – I’m not sure Poland will be ready!”  Perhaps he was being unduly pessimistic.  Certainly Poznan’s stadium is looking good already: Rather more worrying, I would argue, is […]

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Posted in 2014, FIFA | 7 Comments »

The wit and wisdom of Peter Hill-Wood

Posted on April 14, 2011

With the sad loss of Danny Fizman, Peter Hill-Wood was moved, no doubt genuinely, to say: “Danny Fiszman was a visionary Director, a gentleman and a true Arsenal fan. “We are all deeply saddened by the loss of our dear friend Danny. His voice, wisdom and presence around the football club he so dearly loved […]

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Posted in Ownership, Public relations | 5 Comments »

Crisis and confusion at Coventry City

Posted on April 6, 2011

Since the end of January there have been various changes in the membership of the Coventry City Board, then we saw the sacking of Aidy Boothroyd, the tenth sacking of a Coventry City manager in the last decade (1).  Saturday’s three points against Watford brought at least some cheer to City’s fans, and the fear […]

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Posted in Insolvency, Investors, Ownership, Stadium, Uncategorized | 2 Comments »

Onward and upward at Portsmouth?

Posted on March 5, 2011

As Plymouth Argyle fans come to terms with their club being in Administration, they can look along the South coast to Portsmouth to see that things can get better.  On Thursday UHY Hacker Young, Pompey’s Administrators announced “the completion of the Club’s Company Voluntary Arrangement and exit from Administration on 24 February 2011.  On 10 […]

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Posted in Debts, HMRC, Insolvency, Ownership | 3 Comments »

Argyle directors finally admit defeat

Posted on March 4, 2011

The desperate rearguard fight by the Plymouth Argyle board to keep their control on trading has finally ended with the club going into Administration (1) and (2).  They had already declared their ‘Intention to enter Administration’ (3), which attracted a 10 points deduction this season and the virtual certainty of relegation. The reason they gave […]

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Posted in Debts, HMRC, Insolvency | 3 Comments »

 
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