Skip to main content

Did Salford 'buy' the league?

Another club in Greater Manchester has been accused of buying the league: Salford City. Accrington Stanley supremo Andy Holt has even accused them of trying to steal a place in the Football League. Gary Neville has referred to 'a level of ferocity towards us on social media.'

My first comment would be that perhaps it's time to wake up and smell the coffee. Money was important in football before the advent of the Premier League in 1992 which is now portrayed as a kind of football AD (or CE to use modern terminology). The sums have become bigger, and there is more global sourcing of funds, but money has always talked.

The Ammies have won four promotions in just five seasons. They are the first club to bounce straight through the top tier of the non-league pyramid, having won the National League North last season.

The Class of '92 owners (the Neville brothers, Ryan Gigegs, Paul Scholes, Nicky Butt and now David Beckham) have insisted on foundations being put down. Singapore businessman Peter Lim is also involved. There has been a stadium rebuild at Moor Lane with the famous grassy bank disappearing. There is an academy, a women's team and a commitment to working with the city's community.

Just over 8,000 attended the Wembley final, the smallest number yet. Opponents AFC Fylde also lack deep roots as a contender for league status. The Coasters, who have probably benefited from the turmoil at Blackpool, were winners of the FA Vase 11 years ago as Kirkham and Wesham. Local businessman David Haythornthwaite bought them when they were playing in the eighth tier and has pushed them up the non-league pyramid. However, average gates at Salford have risen from 130 five years ago to more than 2,500.

Gary Neville told The Times, ''If you want to get out of the National League, a budget of £700,000 or £800,000 won't get you out and it will cost you three or times as much to get out the longer you are down there. It's cheaper to spend more and go up.' Most players at the club earn nothing like the £4,000 a week reported wage of Adam Rooney, last summer's star signing from Abredeen.

Comments

Popular posts from this blog

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...

Reports about Charlton sale exaggerated

Reports have appeared in The Guardian and elsewhere that Charlton has been put up for sale. Richard Cawley is an authoritative local journalist who runs a South London Sport substack site.  He reached out to the club yesterday evening to ask for comment on The Guardian’s article. Early indications from the club have been that nothing has changed since the story about them seeking investment, except that it is now a different company doing it. Charlton have since managed to consolidate their place in the Championship, avoiding an instant return to League One, with their women’s side promoted to the WSL, returning to the top flight for the first time since 2007, although staying there is likely to be costly. It would be counter-intuitive for owners Global Football Partners not to progress the club when looking for investment, that the focus remains on driving it forward, that their spend this summer is in line with long-term planning and will see an increase in wages spent on players...

Hull City's 'strange' loan

When football finance guru Kieran Maguire seems flashing lights in a club's loan deal, I become concerned.  He is the leading football finance expert in the UK. Hull City have borrowed £55m against their stadium and training ground yet they should get £30m from the Premier League before long.  What is going on? https://www.bbc.co.uk/sport/football/articles/cpwel48y51do