by Son of Len »
29 Jan 2010 20:13
Just thought I would throw this out there from the "O'Dea on his time at Reading" thread:
On High Tinrib More than half of Championship clubs are technically insolvent, according to business information provider Equifax. Plymouth are the healthiest:
(Clubs graded A to F – with D an average financial health score, or I for insolvent
Clubs currently technically insolvent in the Championship :-
Barnsley 39 I
Ipswich 26 I
Nttm Forest 13 I
Newcastle 11 I
Bristol City 10 I
Leicester 9 I
Preston 8 F
Doncaster 8 I
Cardiff 4 I
Peterborough 4 I
Sheff Wed 2 I
Swansea 2 I
Crystal Palace 2 I
Coventry 2 I
Middlesbrough 0 I
Blackpool 0 I
Clubs as near as damn it to being insolvent
QPR 16 F+
Sheff Utd 30 E+
Preston 8 F
Clubs solvent
Plymouth 85 A
West Brom 83 A-
Derby 61 C+
Reading 54 C-
Scunthorpe 52 C-
Watford 42 D
What do the numbers mean?
The table comes from this January 9, 2010 press release:
http://www.equifax.co.uk/About-us/Press ... CLUBS.htmlThe numbers quantify the credit risk factors based on:
1) Accounts Data
2) Age of Accounts
3) Trading Stability
4) Profitability
5) Working Capital
6) Gearing
7) Legal and Court Information
I'm a little surprised to see Reading so low. I would expect the club to be the best run in the Championship. Well, 4th best isn't too bad.
Eagerly awaiting the Equifax report on Premierhip clubs.