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Search: 'administration'

Stories

All the president’s men

Sepp Blatter has taken a firmer grip than ever on FIFA since his crushing election victory over Issa Hayatou in May. Alan Tomlinson reports

At the museum of the International Olympic Com­mittee in Lausanne there is a marble display case, containing vivid portraits of the organisation’s mem­bership. They include the longest-serving member of all, an IOC luminary since 1963, Dr João Havelange, president of football’s world governing body from 1974 to 1998. Three years ago, Havelange’s successor Sepp Blatter was also invited on to the com­mittee. Anyone strolling through the IOC museum in the late summer of 2002 would hardly fathom that Blatter, studiously peeping over his professorial-looking spectacles, had been in bitter rivalry with another IOC member, Issa Hayatou of Cameroon, just months before. The FIFA presidential election in late May 2002 had generated unprecedented levels of infighting around the chal­lenge mounted by Hayatou to the incumbent Blatter.

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County down

Suddenly, the midlands is full of financially stricken First Division clubs. Peter Gutteridge tries to isolate the reasons for Derby's spectacular plunge

Rams fans can tell you that rock bottom does not ex­ist. No matter how far you sink there is plenty of room to sink deeper. Derby County are a reported £30 million in debt and the bank is feeding in cash through an intravenous drip. We can’t even sign non-contract players un­til we have reduced the wage bill. We can’t reduce the wage bill because the transfer market is dead and we can’t release players because we can’t pay off their con­tracts. Rumour has it that two takeover bids and one refinancing package are under discussion. In four seas­ons we have progressed from the top half of the Premiership to relegation and the fringes of administration.

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September 2002

Sunday 1 Business as usual at Stamford Bridge as Chelsea’s 1-1 draw with Arsenal sees Patrick Vieira sent off and a David Seaman blunder. Bolton move off the bottom with a 1-0 win over non-scoring Aston Villa, thanks to a goal from Birmingham-born Michael Ricketts and a disallowed goal from Juan Pablo Angel. “In this country we have got good referees who are being let down by assistants who are not so good,” says Graham Taylor. Lloyd Owusu’s goal with his first touch for the club puts Wednesday on their way to a 2-0 win in the Sheffield derby.

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August 2002

Thursday 1 The Football League lose their court case against ITV Digital on the basis that the TV companies were not contractually bound to pay the full amount owed, £178.5 million of which is outstanding. The League may sue the legal advisers who drew up the contract with Carlton and Granada. Bradford City come out of administration after agreeing a repayment schedule with their creditors. Chairman Geoffrey Richmond is remorseful about the club’s over-spending: “I wish I had played it a different way. It looked right at the time though.” Dave Watson is sacked by Tranmere. Debt-ridden Fiorentina go bust, but may be allowed to restart in Italy’s fourth division.

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End of the world as we know it?

With the start of the season overshadowed by talk of financial meltdown and eras at an end, we brought together broadcaster Adrian Chiles, MP Andy Burnham and academic Stephen Wagg to mull over how football got into this state and how we might get out of it

Football clubs at all levels in this country are experiencing financial difficulties of one kind or another. The problems are obvious, but are there also some good things that might come out of this crisis?
Stephen Wagg: To me, it’s a bit like asking whether any good will come from the recent corporate scandals in the United States. Is Enron or WorldCom going to be some kind of blessing in disguise? The sane voice at the back of your head says yes, people will forsake the lunacy of the market system and demand something more equitable and decent. Professional football people will cease to be paid obscene sums of money for their services. But the signs are that that voice, at least in the short term, will not be heeded. So ever more colossal sums of money will be spent on the defensive skills of a Rio Ferdinand or the “image rights” of a David Beckham. But, as a life-long Leicester City supporter, I’m not wholly depressed by their current predicament. They only recently proclaimed that they were “no longer a selling club”. Less than two years later the entire first team squad is for sale and the club has admitted difficulty in paying the salary bill. These salaries were, in all conscience, barmy, as Matt Elliott, who is the recipient of one of them, accepted recently. So, if it ends here, so much the better.

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