Category: Latest

Farnborough FC & The Issue Of Tackling Football’s Financial Repeat Offenders

Saturday the twenty-first of February probably now feels quite a long time ago for the apparently perpetually beleaguered supporters of Farnborough Football Club. It was on this date that their team last won a match in the Conference South, and the team ended the season relegated from the division in second from bottom place, having conceded more than one hundred goals, with seven goals having been shipped in one match on no less than three separate occasions. Yet again, the club faces the prospect of a nervy summer, after the failure of a CVA which was – and to say this feels a little like performing an impersonation of a scratched record – supposed to set the club back on the straight and narrow but which could be forgiven for starting to feel like a millstone around the club’s neck. This CVA was agreed in June of last year, and was a little unusual in its terms because it pledged a dividend payout to creditors of 100p in the pound, subject to token payment being made during an interim period. An annual report on the CVA released by the administrators last week stated that “The contribution amount was never set at a minimum contribution other than the claims had to be paid in full within 3 years,” but it seems reasonable to conclude that the total payment of £19.69...

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Gamed By The FAI? FIFA & The Irish Question

The 783rd sub-plot to the current FIFA drama is possibly one of the smallest in pure financial terms, a €5m loan to the Football Association of Ireland (FAI). However, the “official” reason exposes yet again (again) FIFA’s appalling lack of spending control and discretion, as if it needed further exposure. FIFA thought it worthwhile to part with the money to dissuade the FAI from pursuing them through the courts. The legal dispute’s origins are well-known. On November 18th 2009 France were one-nil down in the second leg of their World Cup qualifying play-off with Ireland at Paris’s Stade de...

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The 200% Podcast 14: Here Comes The Summer

After all the excitement of the end of the season, in this morning’s Twohundredpercent podcast we take a look forward to some hopes and dreams for the summer break. You can download the Twohundredpercent podcast by right-clicking and saving here, you can stream it through the link below or you can subscribe to this series on Itunes by clicking here. You can follow Twohundredpercent on Twitter by clicking here. You can build a sandcastle with Twohundredpercent on Facebook by clicking...

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Two World Cups For The Price Of One

FIFA have had a busy post-Congress week. Yes, there’s been “all that Blatter and co stuff.” But we also have two World Cups for the price of one (actually, rather less than one, if the FIFA indictment is true). The Women’s World Cup begins in Canada this weekend. This will be extensively and impressively covered by the BBC. So there’ll be no bumping of the coverage to accommodate rich-advertiser-friendly Show Jumping magazine programmes – hello British Eurosport. And 200% will be following the host country’s quest to right the wrongs of their Olympic semi-final defeat to the United States...

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The FA & The Government Should Shut The Hell Up Over Future World Cups

It only took a few days for these particular leopards to show the world that their spots remain exactly the same colour as usual. No sooner had arrests been made than the machinating began in earnest, and no more than a couple of days after the surprising resignation of Sepp Blatter as the president of FIFA – which was surprising primarily because most thought that the old dog would cling onto the ruins of the good ship gravy train for as long as humanly possible – than England, perfidious Albion, was up to its old tricks again. Both the...

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