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Search: 'administration'

Stories

Emerging nation

The football team may not have won a game yet but Timor-Leste has a side to be proud of, as Matthew Hall writes

In his own words, Alfredo Esteves lives a different reality to many of us and that’s not just because he’s a defender for Wollongong FC in the New South Wales Premier League, a regional competition in Australia. In 2008, as well as helping Wollongong win the championship, the 32-year-old lined up alongside Cristiano Ronaldo, Edgar Davids and Raúl in an All-Stars team selected by Luis Figo for a charity. That’s not the amazing part of the story, however.

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Local zeros – Southampton takeover

Tim Springett bids a less-than-fond farewell to former owners, but hopes for signs of recovery under a new regime

When Rupert Lowe invited himself back to Southampton last summer, two years after being ejected by leading shareholder Michael Wilde, there was palpable dismay among Saints supporters. There is no doubt that the finances of the club were in a perilous state – late in 2007 a sale to the SISU hedge fund that later took over Coventry City had been thwarted by Lowe, Wilde and Leon Crouch, a local businessman who also held a large number of Saints shares. Several of the highest earning players subsequently went out on loan and Saints avoided relegation by just one point. Nevertheless, there was a new manager in Nigel Pearson, who had given fans cause for optimism that better times might lie ahead. Then Lowe – aided and abetted by his former adversary Wilde – returned and the mood changed dramatically.

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Curtain call

The Sven circus has rollled into town and pitched up at the league's oldest club. Dave Evans explores the ramifications

The day before Sven-Göran Eriksson was unveiled as the Director of Football at the sixth worst League club in England I said to a friend “we are in danger of turning into a circus”. His reply, echoed by around 90 per cent of fellow Notts fans, was: “I’d rather pay £20 to see a circus than the rubbish I’ve been watching for the past ten years.”

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Wycombe, Wrexham, Livingston

Tom Davies looks at clubs experiencing difficult times

Beware rich men bearing loans might well be the cautionary mantra of this decade, and the latest to discover the perils of debt are Wycombe Wanderers. Fans’ joy at promotion from League Two has been tempered by a rancorous summer in which managing director Steve Hayes has been accused of bullying the supporters trust into giving up its shareholding to grant him outright control. Hayes, who also owns the rugby union club Wasps, with whom Wycombe share Adams Park, wants to shift both to a 20,000-seat new stadium, to be operated by a separate stadium management company.

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Local zeros

Darlington’s time in administration may be over but the town’s community has suffered longer-term harm, says Thom Kennedy

After a miserable period in administration, optimism is seeping back to League Two Darlington. However, while rebuilding within the club is moving along rapidly, the manner of the club’s exit from administration remains a source of discomfort.

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