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At The Sharp End… Dispatches From Southend, Cardiff, Watford, Preston & Portsmouth

One of the most useful research tools for football finance writing is the “Football Management” site run by Dr. John Beech of Coventry University. Dr. Beech took ten days off recently, and came back to an in-tray” of HMRC-related football fun which would have blocked out the light from his office windows.

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July 6, 2010

The Portsmouth CVA Is Proven To Be Completely Above Board

It is a funny election where the returning officer decides who the electorate is. Technically, all administrations throw up this scenario, although it has only seemed important in recent years, purely by chance, at Leeds United in 2007 and Portsmouth almost ever since. But when I saw the “Portsmouth CVA accepted” headlines yesterday, I briefly…

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June 18, 2010

Andrew Andronikou: Football Club Saviour

A source close to Portsmouth FC’s administration recently described Portsmouth FC’s most public joint-administrator, Andrew Andronikou, as a saviour of Swindon Town, who spent six years of this decade in a financial hole, having their voluntary arrangement with their many creditors supervised by him. The source was, of course, Andrew Andronikou, recently caught on camera…

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April 27, 2010

Portsmouth’s Pain In The Neck

Nothing in Adrian Chiles’ BBC career became him like the leaving of it, as Shakespeare might have written of his fellow-midlander if he watched ‘Match of the Day 2’. “This is what modern football has become.” Chiles told his last MOTD2 audience, with all the indignation at his disposal. “An administrator signing autographs. Whatever next?”…

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April 24, 2010

Portsmouth’s Debt Up To £119m

The full extent of the financial horror at Portsmouth, then, is starting to become apparent. It is starting to feel as if every time the club’s administrator, Andrew Andronikou, opens or moves anything, there is a red bill hiding underneath, behind or within it. The figures estimated in the media earlier in the season had…

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April 20, 2010

Portsmouth 2-0 Tottenham Hotspur

It’s a question that many supporters of struggling teams have asked themselves over the years. Would you take a cup final appearance and relegation in the same season over years of relentless mediocrity? As a philosophical question, it taps into something fundamental about the psyche of the football supporter – sustainability versus living the dream,…

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April 11, 2010

Portsmouth: Rank Bad Management, But By Whom?

It says a lot, and none of it good, about the Premier League that all the right questions about Portsmouth’s situation are being asked by others, from HM Revenue and Customs to Private Eye magazine. It is becoming clearer by the day that Portsmouth Football Club has become a venue for an entirely non-football fight…

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April 11, 2010
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