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Clubs in Crisis: Is there a Financial Crisis in English Football?

Clubs in Crisis: Is there a Financial Crisis in English Football?

Lankaster Lecture Theatre (University College London)
Medawar Building,
Malet Place (off Torrington Place),
London WC1

Thursday 8th November 2012 at 6pm

(For directions click here)

Given by: Ian King

Ian King is a writer for the critically acclaimed and widely read, and cited, football website twohundredpercent. Highly regarded for its humorous commentary on the football industry, twohundredpercent has also developed a well-deserved reputation for carrying some of the most insightful analysis of the financial crises afflicting so many of England’s football clubs. The Clubs In Crisis section of the website carries extensive and detailed coverage of the struggles of individual clubs to run a sustainable business model and remain in existence

In this presentation Ian will examine the issue of bankruptcy in modern football. Firstly he will explain why the financial administration process, which applies once clubs have collapsed into bankruptcy, matters in football – creditors don’t get paid, the related financial crises de-stablilise competitions, financial administration following bankruptcy at football clubs is a regular feature of the football industry. Secondly, he will explain what is involved in the financial administration process. He will then examine a number of recent case studies of financial administration in English football outlining their consequences. Thirdly, he will examine the impact of the Football League’s Financial Fair Play initiative, which in large part is intended to promote more stable finances amongst the member clubs.

Ian will conclude by posing some questions as to where the financial problems that have be-set the English game might take its clubs. He will in particular focus on the role of club supporters in financially supporting their clubs.

Reading

Biographies

Twohundredpercent

Twohundredpercent describes itself as:
“…a website about football. It began its life in May 2006 and there is no exit strategy yet. In lieu of having much else to say, here’s a list of prizes we have stolen and occasional/regular scribes. This site was a gold winner in the When Saturday Comes Webwatch awards in 2009 and 2010, and a silver winner in 2011. In 2011 it was nominated for and in 2012 won the Football Supporters Federation Writers Awards Website Of The Year, and also won the Editors Choice at the 2008 Soccerlens awards. In 2006, oddly enough, it was for one week only The Suns Website Of The Week during the 2006 World Cup finals. We rather doubt that they would feel the same way about us nowadays.”

Ian King

Ian King is one of seven writers on the twohundredpercent website:
“…Ian King began writing for twohundredpercent in May 2006. He lives in Brighton. He has also written for, amongst others, Pitch Invasion, FC Business Magazine, The Score, When Saturday Comes and The Football Supporter.

Contact Details

http://www.twohundredpercent.net/?page_id=772

For further details on this seminar series contact:

Sean Hamil
Department of Management
Birkbeck College
Malet Street
London
WC1E 7HX

Tel: 020-7631 6763
Email: s.hamil@bbk.ac.uk

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