Southend United

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2010: A Football Financial Review

You could frame it. If you wanted a short, pithy representation of all that has been wrong with football finance in 2010, you could do no better than quote a Plymouth Argyle fan known as “Sensible Surfer” on the BBC Football website over the Christmas period. “Ridsdale set to take control… good news,” he/she said,…

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January 1, 2011
Mark

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
Mark

Southend United & Fossett’s Folly

Southend United were under threat of extinction thanks to a £400,000 Inland Revenue demand. Whilst their new ground at Fossett’s Farm is seen as the solution to the club’s long-term financial difficulties, the Shrimpers needed help in the short-term. They were fortunate that business partners were able to advance future revenue to cover the short-term…

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April 22, 2010
Mark

Cardiff & Southend vs The High Court: Round Three

Cardiff City and Southend United were both given a stay of execution recently by the High Court in their bids to stave off winding up petitions brought against them. Mark Murphy takes a look at what they have been up to since then and doesn’t find much cause for encouragement. Well, reports are emerging of…

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March 17, 2010
Mark

Southend United’s Counter-Attack Against HMRC

When HMRC came a-calling for Southend United’s tax debt, the club decided that it didn’t the money in the first place. Or did it? Mark Murphy finds mixed messages coming from Roots Hall, and supporters of the club are now very concerned about its long-term well-being.

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February 12, 2010
Mark

Lies, Damned Lies & The Words Of The “Official Club Spokesman”

As football sinks further and further into the financial mire, the official statements made by clubs themselves are becoming more and more odd, and more and more telling. Mark Murphy has been looking at some of these statements, and is less than convinced by them.

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February 9, 2010
Mark

Southend United Hit The Financial Buffers

Southend United are the latest club to be in trouble with the taxman, and they have a date in court on Monday with a bill of over £600,000 to pay. Mark Murphy takes at look at the recent goings-on at Roots Hall – goings-on which are starting to become wearyingly commonplace this season.

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November 7, 2009
Mark
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