Hartlepool deal collapses

A deal to save Hartlepool United has collapsed after a locally born businessman saw the state of the club's finances. Chris Musgrave said, 'I am not prepared to sign blank cheques with no end in sight': Deal to save club is off

A crowdfunding scheme and a big attendance for a game against Wrexham last Saturday may have raised enough funds to deal with immediate needs. However, the need for funds is ongoing. The club was never that strong financially, and had a succession of owners, but relegation from the Football League was the killer blow.

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The Political Economy of Football V2

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