Untold’s submission to the Commons Enquiry into Football: let’s sort out the EPL/Championship divide

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here Victory Through Harmony By Phil Gregory, Righto, here we are with the final part of my musings on the general state of football finances for the Commons Inquiry. Since starting this report, I’ve decided to do my dissertation along similar lines, so if you have enjoyed …

What exactly is wrong with football accounting?

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here Victory Through Harmony By Phil Gregory Following on from my last article, looking at the debts of United and Arsenal, we go onwards with this piece where I’m going to have a look at whether football should be treated as a totally unique business. The deadline …

The debt burdens of Manchester United and Arsenal

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Phil Gregory My article on how the Emirates as financed, was put together as a result of researching for my report for the Commons Inquiry into football. What I was looking to do was compare the debt burdens of Manchester United and Arsenal to illustrate …

Financing the Emirates: how it affected Arsenal.

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Phil Gregory This article about the way the Emirates stadium was financed arose from the work being done in relation to the Parliamentary Enquiry into Football – to which Untold Arsenal is presenting evidence. I have popped all the key information gathered in a table …

How fast can a club go into free fall? Is Liverpool about to follow Leeds?

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood It was while we were standing outside the Auld Triangle mingling with the Leeds fans before the match on saturday that Ian reminded me of the last time we watched Arsenal / Leeds.  We were challenging to win the league with three games …

The Commons Inquiry into football governance

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Phil Gregory As the blog that has always written on the big issues such as finance and corruption before they become popular, it makes sense that Untold Arsenal would be interested in a Commons inquiry into football governance. In particular I often harp on about …

Is Mr Usmanov about to takeover Arsenal?

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood Predictions of Arsenal’s imminent downfall are always interesting, and 2010 gave us quite a few of them.  The most amusing one, and the one that was talked about the most I guess, was the complete failure of the season ticket sales, and a …

How English football clubs and their owners avoid UK taxation

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood A while ago the excellent Swiss Ramble covered Bolton.  Bolton, (generally known as Notlob in these august columns), a team symbolic of all that was previously wrong with football: rotational fouling, rotational time wasting, and the snarling antediluvian himself: the Fat Slug. But …

“We need three new players now. For God’s sake spend the money!”

By Tony Attwood That headline does not represent my views actually but they are views that are expressed on the internet, usually accompanied by a list of players who clearly can’t play and should be dropped, or removed, transferred or just put out to grass.   All the current back four usually get a mention somewhere …

England, Fifa, FA, corruption, incompetence. The ancien régime approaches its end.

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood So what does England really do about this world cup stuff? There are some interesting options such as 1: Get deep inside Fifa and try to reform what must be the most corrupt sporting body ever seen on the planet. 2: Stay in …

One third of the season gone, and Arsenal prepare to win everything

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here by Tony Attwood Where are we?   We have the usual crop of injuries but thus far we cope – and we are coping far better than before.  Cesc running on half throttle, Vermaelen not running at all, Van Persie out for virtually the whole season and …

Football stumbles towards financial insanity

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood I have bored you stiff many times before saying that this is the moment when football collapses under the weight of its own financial stupidity. Yes, I hear you shout, but when?  And who?   “Where’s the evidence?” you call (and I know you …

Tiny Totts feel the Arry effect, Blackburn to lease players. Where’s that brown envelope?

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood Intro and background… In May this year newspapers reported that Mr H Redknapp was to face new charges of tax evasion along with former Portsmouth directors Milan Mandaric and Peter Storrie.  The charges are to be tax evasion. At the time of that …

It is time to stop football clubs using administration as a way to fund their greed and stupidity

Arsenal History on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Tony Attwood Manchester IOU plod along their merry way, spending all their profit on interest and fees for the owners. Liverpoodle (named after the annoying little dog favoured by rich Americans) have paid off RBS, but are perhaps just a little red-faced by the …

Why Manchester IOU will not qualify for Europe: the detail

by Tony Attwood In a recent piece (“In football we are running out of benefactors”) I gave a quick resume of the financial problem that seems to be hitting the game.  In this article I want to try and get a bit further into how it can be that Man U’s chief exec constantly tells …

In football we are running out of benefactors (and why Manchester can’t play in Europe)

By Tony Attwood That headline (or at least the first half of it) comes from the magnificent Football Management web site in an article that points out that the message of Portsmouth and other clubs has not sunk in anywhere in football.  Everyone thinks – that was them, it won’t happen with us.  Just as …

The cow’s in the meadow. Seven reasons why Rooney might be harder to sell than Man U imagine

By Tony Attwood As the media circus hang on to and reprint every word of Sir F Word (apart of course from the F-words) and as Manchester IOU go into emergency session to decide what to do about the Potato Man’s agent (who seemingly pulled exactly the same trick on Everton when his guy moved …

Football: law suits, player revolt, useless medics, pathetic Uefa, bankruptcy, and “not that kind of manager”

by Tony Attwood Sometimes it is hard to recognise all this stuff as football.   There’s so much off the pitch, that there hardly seems any room for the old ball kicking thing. Just consider some of the stuff doing the rounds… Arsenal: injuries, injuries, but a few returnees.  A tunnel with light in it for …

Sir F Word Silenced, Gill talks gibberish. Sensible comment at Man U? Zero

Sir Alex F Word talks… sometimes.  He talks with Ed Miliband, and he talks to Manchester United’s own TV channel (mostly) but because he didn’t like the way some of the media reported his comments after the Man U/ Liverpool game he stopped talking to the press. He already doesn’t talk to the BBC, and …

Tottenham’s journey to the east end, Liverpool’s descent into the land of mirth

By Tony Attwood & the research team of the 10th best blog in Northamptonshire (and other places). Tottenham’s new stadium plans have been accepted by Haringey council’s planning committee. But… While the committee in fact got quite excited, bubbling over with enthusiasm for what it calls “an overhaul of north Tottenham”, in a £400m project …

New appeal over showing satellite matches in pubs on saturdays

By Tony Attwood As it is saturday, consider this point: should you be able to nip into a pub and watch any EPL game you want? If you are in England or Wales the answer is no.  Showing games originating through satellites owned via other EU countries is illegal – although down at the Toppled …

Can Man City and Chelsea really meet the UEFA Financial regs any time soon?

By Tony Attwood Munchester City (also known as Man UOI) made a financial loss of £121m in the 12 months to 31 May 2010, the first full year of ownership by Sheikh Yermoney bin Zayed Al Nahyan.   Their income was £125m and their wages bill was £133m, up from £83m. Put another way Manchester UOI spent …

Behind the Arsenal figures… what does it all mean?

Read between the lines. By Terence McGovern So the annual financial figures are in and all is rosy in the garden. It is notable however that many Arsenal fans are not exactly overcome with enthusiasm about it and so we should ask ourselves, what we want from these figures and really at the end of …

Arsenal’s financials: the in-depth analysis and what it all means.

By Phil Gregory Righto, so Arsenal have released their latest financial statements, so let’s have a look at them. There’s been much ado made over record breaking profits and turnover, but it’s important to remember that this is solely attributable to the property development side of the club and so these bumper profits are largely …

Liverpool bust, Man U bust, Arsenal’s amazing profits. Compare, contrast, wonder and enjoy

By Tony Attwood So having done my bit yesterday to put the boot in vis a vis Liverpool and Manchester IOU here’s what Arsenal FC have been up to The completion of sale of 362 (2009 – 208) private apartments at Highbury Square and the social housing site at Queensland Road generated £156.9 million of …