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description= 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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ative bid from balram chainrai was turned down by the administrator can only be good news just how many times can the same person save a club trevor birch s choice may or may not have been influenced by the blogs of micah hall 3 but certainly the lack of response to the questions micah posed to tavistock communications portpin s pr company spoke volumes micah s digging deserves an award and shows how far a fan can go in the bigger picture of financial decision making the fly in the ointment of the sale is of course the issue of the value that chainrai is trying to place on fratton park unless he finally decides to bow out gracefully accepting that he made a very bad business call the matter will go to court with independent valuations at a much lower level the trust stands a very good chance of getting the desired result there is also the matter of a potential further ten points deduction on coming out of administration here i am less optimistic i fear it will be yet more evidence that the deduction of points is an entirely dysfunctional sanction but let s not burn our bridges before we come to them all in all there does finally seem to be a light at the end of the tunnel and this hopefully will prove a turning point in the club s miserable fortunes in the bigger picture it may well prove to be a turning point in the road to fan ownership of clubs it does need to be seen though as one of many turning points as i m sure brentford chester exeter wrexham and wimbledon fans and that s not a definitive list would be quick to point out it s significance will depend on how well the hybrid model involving high net worth individuals will work in practice if it does work it will doubtless encourage the supporters trusts at bigger clubs such as liverpool manchester united and newcastle as a member of the pompey supporters trust i feel considerably more confident regarding the future than i have for a very long time i ve even put a bottle of bubbly in the fridge but i ll not actually open it though until fratton park is in the fans hands the only certainty is the debt of gratitude pompey fans owe to the pst board let s show our gratitude by uniting behind them share this share on facebook opens in new window facebook share on x opens in new window x share on reddit opens in new window reddit like loading posted in community fans insolvency ownership points deduction sanctions stadium trusts tagged community fans insolvency ownership points deduction sanctions stadium supporters trust 3 comments round up of season 2011 12 posted by john beech 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 clubs who have found themselves on my radar screen further suggestions are welcomed ashford town for a club to have its two co owners feuding 1 was always likely to lead to tears before bed time add to this a withdrawal from its league in 2010 2 and there is a clear downward pattern this july hmrc issued a winding up petition 3 billingham town a long dispute with hartlepool over who should pay for improvements to the billingham stadium 4 had been resolved in december 2010 but in january this year billingham sought to wind themselves up 5 however hmrc then stepped in with their own winding up petition 6 the former of the these two seems to have been granted in april 7 but nonetheless the club is still is playing any insight into what has happened would be much appreciated coventry city coventry city have faced financial problems since their relegation from the premier league in 2001 not least because of the development of the ricoh arena a less ambitious materialisation of what had originally been called arena 2000 originally designed with a retractable roof and a removable pitch 8 in 2007 in a moment of financial crisis with the club having announced its intention to go into administration it was bought by venture capitalists sisu since then sisu has failed to inject enough money to buy back the rich from the local council and a local charity sisu have struggled to find the right balance between economising and maintaining team performance thus causing complaints from fans the financial struggle led to sisu stopping paying the rent for the stadium in april this year in an attempt to force a lower a rental the confrontation was resolved in court last month but details have not been made public 9 croydon athletic the imprisonment of owner mazher majeed for his part in cricket s spot fixing scandal last november 10 made the club unsustainable it was promptly fined and deducted 10 points 11 adding another straw to an already broken back unable to find a new owner the club withdrew from the isthmian league unable to fulfil its fixtures 12 a resurrection club afc croydon athletic has been formed however 13 darlington a sorry tale of desperation and despair covered in postings passim and on the twohundredpercent website but eventually one of hope in early may fans group darlington 1883 finally succeeded in taking over the club 14 but at what a price the club had been forced into exile 15 and 16 and demoted to the northern league division 1 17 onwards and upwards harlow town another sorry tale this time tied up with the owners divorce 18 and 19 note the dates the club entered a cva back in september 2009 20 last november the club faced a winding up order from hmrc 21 but this was finally dismissed in february in the same month new owners had taken over 22 any further insight from local readers would be appreciated kettering town not the ultimate car crash that comes lower down the posting but certainly one of the most dragged cases see postings passim and on the twohundredpercent website the season just finished was yet another traumatic one having started the season by going into exile at the former rushden diamonds stadium in irthlingborough less than ten miles away there seems to have been no synergy in attracting new fans as is reflected in the appearance of fan owned afc rushden diamonds also in exile at wellingborough ground sharing with wellingborough town less than five miles from irthlingborough debts built up and in june the club had to enter a cva with debts reported to be 1 2m 23 and hmrc hot on the club s heels 24 meanwhile want away owner imran ladak had handed over the reins to acting chairman george rolls at least until he was suspended from football for five years by the fa 25 ritchie jeunne took over as chairman 26 albeit extremely briefly and now in a chainraiesque twist ladak is back 27 the long suffering poppies trust continue to fight on doggedly 28 notwithstanding demotion and a 10 points penalty 29 neath chased over debts by hmrc and then barclays 30 the welsh premier league club was wound up at the end of may 31 northwich victoria another depressing season for the clubs fans evicted from their stadium 32 and then a crazy saga about where they could and couldn t play 33 and expulsion from the northern premier league 34 you couldn t make it up plymouth argyle it seems some time ago now but the final chapter in the club s survival was last october and so within last season mark murphy has a neat summary of events here port vale yet another long running saga see postings passim and twohundredpercent for details notable events and non events during the 2011 12 season were the appointment of an administrator in march 35 the lack of an attempt to take over by long time suitor mo chaudry 36 and the administrator s misplaced faith in keith ryder as a potential owner 37 portsmouth here we go yet again the club as company has been more or less continuously the basket case of english football for the past four decades and this last season has proved no exception with the arrest of the latest owners in november 38 and a now familiar drop into administration in february i m going to hold back in my lengthier comments for the moment as we seem to be on the point of either the start of a new chapter in the saga or dénouement suffice it to say in the red corner is balram chainrai threatening to save the club again to me this is a bit like giving up smoking you can t logically apply the phrase on more than one occasion in the blue corner is the pompey supporters trust vested interest declared i have made a pledge to buy shares and would urge all pompey fans to do likewise here prescot cables in an act all too rare in english football the supporter owned club took the difficult but realistic decision to return to amateur status 39 rossendale united effectively defunct at the end of the previous season the club still appeared on my radar screen in march the club was still being chased for 37 000 by hmrc 40 in january the defunct stadium had been gutted by fire 41 and the next month the owner andrew connolly had announced plans to redevelop the site with 50 new houses 42 this forced the abandonment of plans for a resurrection club 43 rothwell town which is by the way five miles from kettering and thirteen from irthlingborough in may 2010 the club had withdrawn from the southern league due to financial difficulties 44 and a mooted rescue did not materialise 45 last october the club went into administration 46 and in march the ground was put up for sale 47 as far as i can make out there have been no further substantive developments again any local input would be appreciated stockport county yet another season of uncertainty for county see postings passim and twohundredpercent the end of a ground sharing agreement for edgeley park with sale sharks will have added to the financial pressures 48 truro city an interesting case of amazing success on the pitch driven by a benefactor which has proved unsustainable 49 the club has been pursued by hmrc 50 struggled to play its players 51 and at the start of the current season has had to seek protection through administration 52 two mysteries remain the involvement of the salisbury city chairman william harrison allison 53 and the sale of the ground 54 the timing of the latter will guarantee that this story has legs widnes the joker in this particular pack destined to be an obscure name that only reappears occasionally in pub quizzes it marks an attempt by steven vaughan he of barrow chester and at one time allegedly wrexham fame see postings passim through his son to create a football club from scratch originally to be called widnes town 55 it had to change its name on the not unreasonable grounds that widens town already existed 56 finding a ground to pay at proved challenging 57 and stephen vaughan seems to have opted to weave his own very particular brand of football magic in malta instead 58 very roughly the clubs involved fall into two groups first here are the league clubs here there seems to be a continuing trend of slightly fewer clubs getting into financial difficulty but those that do do so on a grand scale and perhaps do so on a kind of cyclical basis one crisis leads directly to the next one the second group the non league clubs frequently display benefactor withdrawal syndrome bws the unsustainability of this business model becomes particularly problematic when the benefactor has lifted the club up the pyramid to a level where his withdrawal makes survival especially difficult clubs like crawley town and fleetwood are surely vulnerable to bws not to mention the league and premier league clubs of much longer standing who have become benefactor dependent when i started preparing this posting i did so with as close to a sense of cautious optimism as i manage with the natural exception of portsmouth surely things were beginning to look a little rosier in the football football finance garden having completed it i ve fallen back to more usual mood of pessimism wondering when club owners are going to get a grip and face reality full marks to prescot cables as an exception not that aren t some good practice stories out there wrexham and chester provide the most encouraging examples at least fifteen years ago i wondered when the bubble was going to burst this has obviously proved the wrong metaphor suggestions for a more appropriate one are welcomed share this share on facebook opens in new window facebook share on x opens in new window x share on reddit opens in new window reddit like loading posted in benefactors debts hmrc insolvency ownership resurrection trusts tagged benefactors debts hmrc insolvency ownership resurrection supporters trust leave a comment a little light uefanomics posted by john beech on june 24 2012 with doff of cap to my chum stefan szymanski and his co author simon kuypers the second edition of whose fascinating book soccernomics is just hitting the book stands with the euros now in full swing much media emphasis has been placed on the cultural differences of the various competing nations with justification there has been much concern placed on racism the investigative and selective panorama programme highlighted this although a similar programme might have been made about england by polish or ukrainian broadcasters to be met with howls of indignation in england clearly there is an issue here but the scale of the issue is very difficult to gauge especially from the uk it s not this issue that i am looking at though but at another cultural one having spent some of my early years living and working in central europe and having made work visits to eastern europe in the period leading up to the fall of communism and subsequently last week i was in bucharest and i m currently in st petersburg i ve found myself wondering whether eastern europe had caught up with western europe in footballing terms if the emergence of democracy had resulted in improved social conditions such as in the areas of education disposable income access to sports facilities etc now being on a par with western europe this should be reflected in the qualifiers for euro 2012 and in their fifa rankings as an indicator of form leading up to the euros country fifa ranking july 2012 fifa points july 2012 qualified spain 1 1456 y germany 3 1288 y netherlands 4 1234 y england 6 1185 y croatia 8 1053 y denmark 9 1019 y portugal 10 996 y italy 12 977 y russia 13 975 y france 14 964 y greece 15 953 y sweden 17 910 y republic of ireland 18 907 y switzerland 21 868 norway 26 787 czech republic 27 771 y bosnia herzegovina 29 756 slovenia 30 742 hungary 31 735 turkey 33 732 serbia 34 725 wales 38 658 slovakia 39 649 scotland 41 611 montenegro 50 581 armenia 51 579 ukraine 52 572 y h romania 52 572 belgium 54 564 estonia 57 528 austria 58 524 poland 62 518 y h belarus 69 497 finland 75 464 latvia 76 459 albania 79 451 israel 81 427 lithuania 88 380 bulgaria 90 373 georgia 95 359 macedonia 101 338 northern ireland 103 336 azerbaijan...
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