Wednesday 18 December 2019

Mad as Hatters, but Charlton should cry foul

Luton Town are finding it a financial struggle to compete in the Championship, not a surprise: Gary Sweet talks about Luton's financial constraints

Kieran Maguire of the PriceofFootball is now the leading academic analyst of football finance living in the UK. The estimable Swiss Ramble lives, of course, in Switzerland. I am greatly looking forward to Kieran's book on the subject which is coming out in January and which will be reviewed here. Subject to the consent of VOTV editor His Worship Rick Everitt I will also review it there from a Charlton angle.

Kieran is publishing with Agenda and my own book on football with them is due for submission in July. One of Kieran's strong (and justified) views is about Championship finance.

I think that the linked article is wrong in saying that Luton have the smallest budget in the Championship. That honour belongs to Charlton Athletic, currently owned by barmy Belgian Roland Duchatelet.

If the new owners from Abu Dhabi are approved by the EFL, and I don't see why there should be any objection, that is likely to change. Shell shocked Charlton supremo Lee Bowyer may then look less grim faced.

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