Friday, 12 February 2010

Irony is.. (2)

Sixteen teams are left in the FA Cup. Four of them are clubs with the biggest financial problems of all.

Cardiff and Portsmouth are still in huge trouble with HMRC. Portsmouth are technically insolvent and only the benevolent nature of the Premier League will prevent them going out of business.

The last owners of Notts County managed to run up a £1.6 million debt in under a year and liabilities that might drive that higher.

Crystal Palace are in administration with £30 million in debts.

All are likely to go out of the cup this weekend. However, it offers hope that the cup still gives clubs a chance to shine when everything else is gloom (wow, that sentence was tortured). You could also argue that it shows up the competition's decline that teams which such huge problems are able to go so far.

Given that the draw also includes two of the wealthiest teams in the land, it's hard to draw a conclusion.

Saturday, 13 February 2010
Bolton Wanderers v Tottenham Hotspur
Chelsea v Cardiff
Crystal Palace v Aston Villa
Derby County v Birmingham
Fulham v Notts County
Man City v Stoke
Reading v West Brom
Southampton v Portsmouth