The Political Economy of Football V2

The appetite of US investors for football clubs does not stop at the Anglo-Scottish border.  Motherwell are the latest club to make progress with an offer:  https://www.motherwellfc.co.uk/2024/04/03/agreement-with-us-based-investor/

Somehow the community club model seems to work better in Scotland and this is something I need to look into in more depth. Meanwhile, congratulations to Motherwell on becoming debt free for the first time in 40 years, having wiped out a debt of £2m in three years: Momentous day

Motherwell FC have reported record profits and turnover for the year ending May 2018: Financial results Turnover for the year increased significantly to £6.84m, a jump of £2.65m from the previous year. Despite an increase in costs, the club were able to produce a profit for the year of £1.72m, a record number, and a £1.9m jump from last year’s loss of £181,000. This would give them the third highest profit in the SPFL. There were notable increases in gate receipts, sponsorship and advertising, commercial and other associated income generated by the club, predominantly on the back of player trading.