Portsmouth allowed to sell players to help ease debts
March 24 – Portsmouth have received a much-needed boost with the news the Premier League will allow the club to sell players immediately to ease their £60 million debts.
News
West Ham and Newham Council launch joint bid for London 2012 Stadium
By Duncan Mackay
British Sports Internet Writer of the Year
March 23 – West Ham United and Newham Council are working together on a joint bid that will include athletics to occupy the £537 million Olympic Stadium after 2012, they revealed today.
Exclusive: Coe – Sullivan comments are like cracked record
By Duncan Mackay in Whistler
British Sports Internet Writer of the Year
March 19 – Sebastian Coe (pictured), the chairman of London 2012, has claimed that comments from critics that the Olympic Stadium should be turned over to a football club after the Games and that if it used to stage athletics it is waste of public money are beginning to sound like “a cracked record”.
Administrator: “Portsmouth is an example of how not to conduct business”
March 17 – Portsmouth’s former chief executive Peter Storrie (pictured) must take some of the blame for the crisis the Premier League club finds itself in after its nine-point deduction for going into administration was confirmed today, it was claimed.
US equity group in talks with Liverpool about gaining controlling interest
March 14 – Liverpool are in talks with a private-equity firm, the Rhone Group, over a £118.5 million deal to buy a controlling share of the club and halve their debts.
Football League appoint new chairman
March 12 – The Football League have appointed Greg Clarke (pictured), the former chief executive of Cable and Wireless Communications, to be their new chairman.
Gazidis warns football must heed the warning signs
By Andrew Warshaw in Manchester
March 2 – Arsenal chief executive Ivan Gazidis (pictured) says European football badly needs to heed the warning signs and regulate itself to stop more clubs being plunged into chaos.
Gill breaks silence over United takeover bid
By Andrew Warshaw in Manchester
March 2 – Manchester United chief executive David Gill (pictured) insisted Wednesday that the club’s controversial American owners would remain in control long-term despite a growing protest movement to force them out.
Portsmouth plunged into administration
By Andrew Warshaw
February 26 – Football history was made for all the wrong reasons today when Portsmouth, with debts of about £60 millon, became the first English Premier League club to enter administration.
Simon Clegg: “Corporate hospitality is an important aspect of the club”
By Mike Rowbottom
February 26 – It was ten years ago that Roy Keane (pictured) made his celebrated remarks about Old Trafford spectators in executive boxes - “they have a few drinks and probably the prawn sandwiches, and they don’t realise what’s going on out on the pitch.”
The Premier League considers proposal to introduce a play-off for the fourth Champions League spot
By Andrew Warshaw
February 16 – The Premier League is considering a unique proposal to introduce a play-off for the fourth Champions League spot.
West Ham launch fundraising scheme to reduce debt
February 5 – West Ham United have announced that they will undertake a fundraising programme to raise up to £40 million to strengthen the club’s financial position.
Armitt gives green light to West Ham Olympic Stadium bid
By Steven Downes
January 28 – John Armitt (pictured left), the chairman of the Olympic Delivery Authority (ODA), tonight gave a green light to the possibility of Premiership football club West Ham United moving in to London’s Olympic Stadium after the 2012 Games, while fulfilling the venue’s brief to deliver a lasting legacy as a national athletics stadium.
Brown warns English clubs over rising debts
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January 25 – Prime Minister Gordon Brown (pictured) today admitted that the rising amount of debt being carried by several Premier League clubs was a ‘”concern” but Government intervention was out of the question.
Brady wants to rebrand West Ham
January 23 – New West Ham United vice-chair Karren Brady (pictured) wants the club to eventually relocate to the London 2012 stadium – even suggesting the team could be renamed “West Ham Olympic”.