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The continuing Kettering saga
Posted on May 30, 2010
The descent of Grays Athletic must have struck a worrying chord with Kettering fans. Back in January I blogged on their tribulations (under Kettering Town and the Enigmatic Imraan Ladack) in finding somewhere to play as the lease on their stadium comes to a conclusion, and will not be renewed. He had at that point […]
Posted in Assets, Benefactors, Ownership, Stadium | 2 Comments »
Kettering Town and the enigmatic Imraan Ladak
Posted on January 18, 2010
Trying to find the single adjective to describe someone in a headline is often difficult, but in the case of Kettering Town’s Imraan Ladak ‘enigmatic’ readily springs to mind. The club has a long history and, for many years, slowly but surely, clawed their way up the pyramid. In 1974 they applied to the Football […]
Posted in Benefactors, Football Association, Governance, Ownership, Stadium | 7 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 […]
Posted in Benefactors, Debts, HMRC, Insolvency, Ownership, Resurrection, Trusts | Leave a Comment »
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 […]
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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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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 […]
Posted in Debts, Insolvency, Ownership, Stadium | 4 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 […]
Posted in Insolvency, Ownership, Resurrection | Leave a Comment »
Of Dave and Goliath
Posted on June 15, 2011
Watching Boylergate unfold still from the slight detachment of the Tirol is a singularly unedifying experience. I should first make clear that I count Dave as one of my friends, and that I am also friends with a number of Supporters Direct employees whose jobs are now at risk. I am not however a pre-move […]
Posted in Governance, Trusts, Uncategorized | 2 Comments »
Trouble at Rossendale United and Rothwell Town
Posted on March 1, 2011
Those who are ‘fleet of ear’ will have picked up on Sunday’s 5 Live Investigates that Rossendale United and Rothwell Town (and, to pick up on Kevin Rye’s well-placed pass, not Runcorn Linnets!) have serious cause for concern. Clubs in crisis as you go further down the pyramid tend to be less well reported. These two […]
Posted in Benefactors, Cashflow, Debts, Financial doping, Ownership | 3 Comments »
Close shave for Forest Green
Posted on March 29, 2010
According to a statement on their club website (1) “Forest Green Rovers Football Club Limited has reached an agreement with the Inland Revenue [sic] over an historic tax liability amounting to £45k“. On 8th March the club issued a statement indicating that a financial crisis was imminent (2). It warned “Everyone needs to recognise that […]
Posted in Benefactors, HMRC, Insolvency, Ownership, Stadium, Trusts | Leave a Comment »
Spotlight on Macclesfield
Posted on December 11, 2009
Since the inception of regular movement of teams between the Football League and the Conference, we have seen many clubs yo-yo, in particular the step up proving problematic in the absence of rocket payments (qv). There are clubs which have come up and now seem to be almost part of the furniture however. Such a […]
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