One hundred and two days after Chansiri departed, Sheffield Wednesday are still in administration and serious questions are being asked about the conduct of the chief administrator, Kris Wigfield, and the suitability of the consortium chosen to take over, which features the former professional gambler James Bord. A fire sale of players, including the popular captain, Barry Bannan, plus a run of 25 matches without victory has further demoralised fans, many of whom have stopped attending games. The administrators believed that they could get more than £30 million for Wednesday, which caused many prospective buyers who valued the club at around £20mt to back out, but Bord’s bid — believed to be worth about £32.5 million — blew everyone else out of the water and crucially, it was high enough to pay off the club’s creditors (namely Chansiri, who is set to receive £15 million from the sale if it goes through) and guarantee that the team will not start next season on minus-15 points. That is ...
From his Zurich base the authoritative Swiss Ramble reviews how clubs have done so far in this season’s Uefa competitions. Much more detail about clubs and calculations can be found on his Substack page. Eight of the top ten in money terms also featured in the top ten of the Deloitte Money League, while another one (Inter) was 11th in the so-called “Rich List”. The only club that spoiled the strong correlation between money and success on the downside was Manchester United, which highlights the extent of the mismanagement at Old Trafford. His calculations suggest that five clubs have already received more than €90m from the Champions League, namely Bayern Munich €100m, Manchester City €97m, Liverpool €97m, Arsenal €96m and Chelsea €92m. They are closely followed by Barcelona €89m, Tottenham €84m, Paris Saint-Germain €82m and Real Madrid €81m. Revenue available for distribution in the Europa League is less than a quarter of the Champions League, which has ...