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On Coventry City, Hereford United and Salisbury City, not forgetting the Owners & Directors Test
Posted on August 28, 2014
So, Coventry City will finally return to the Ricoh. Interestingly, the large CCFC logo which adorns the stadium had never at any point been taken down, suggesting that ACL, the Ricoh owners, always believed a compromise with Sisu could be achieved. According to the Coventry Telegraph, the big breakthrough in negotiations was as the result […]
Posted in Fit and Proper Person tests, Football Association, Governance, Insolvency, Ownership | 1 Comment »
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 »
Councils & Clubs – Southampton, Darlington, Cheltenham Town and Bury
Posted on April 3, 2009
Historically the link between councils and football clubs has been the ownership of stadiums. Today in the Premier League only Hull City and Newcastle United retain this link, yet another indicator of the post-commercialised game. But are new links emerging? As the precarious future of Southampton is picked over, the Daily Echo reports that the […]
Posted in Community, Insolvency | 1 Comment »
Ready to come back onto the e-pitch
Posted on August 13, 2014
Back in February last year (!) I noted a change in life circumstances and wondered “How this will affect my blogging is not yet clear.” As you may have noticed, it had a major impact on my blogging. Between March and July this year, for example, I made 16 work-related trips, twelve of them abroad, […]
Posted in Uncategorized | 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 »
Deconstructing Peter Lorimer
Posted on May 15, 2012
Peter Lorimer’s thoughts on fans being on the boards of football clubs (1) were, at least as reported by the BBC, somewhat confusing and even confused. Certainly his assertion that he does not envisage a member of the Supporters Trust having a place on the Leeds United board is hardly a surprise given the way […]
Posted in Benefactors, Investors, Ownership, Trusts | 4 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 […]
Posted in | 1 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 »
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 […]
Posted in 2018, Insolvency, Stadium | 2 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 […]
Posted in Ownership, Public relations | 5 Comments »
In the High Court today
Posted on August 11, 2010
Surely a sign of the times – three League clubs faced winding-up petitions in the High Court today: Cardiff City The HMRC petition was dismissed – the club has paid the debt of £1.3m (1). Court papers suggest that the club has had to borrow money to pay its summer debts (2). Sheffield Wednesday A […]
Posted in Debts, HMRC, Insolvency | 3 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 […]
Posted in Assets, Costs, Debts, Stadium | 13 Comments »