Chelsea accounts reflect £28m cost of Villas-Boas replacing Ancelotti
• Chelsea spent £64m in four years on changing managers• Exceptional items £41.9m out of £67.7m 2010-11 lossDespite the looming impact of Uefa's financial fair play (FFP) regulations, Chelsea's full accounts show that Roman Abramovich finds it h...
Nigel Doughty obituary
Private equity investor with a passion for progressive causes, Labour politics – and Nottingham Forest Football ClubNigel Doughty was a big man, successful in business, with generosity to match. Tall, good-looking and clever, yet modest and unassumin...
Fred Goodwin’s evisceration is so predictable | Kevin McKenna
We Scots have a sorry tendency to turn on those whom we once happily cheered alongAmong those who have come to define Scotland's recent history, Ally MacLeod and Fred Goodwin do not at first appear to have much in common. One of them suffered from peri...
Without will of the fans some football clubs would just fade away | David Lacey
The capacity of clubs such as Portsmouth to carry on in apparently hopeless positions is one of the game's phenomenaIn football perspectives have obviously changed. There was a time when the merest hint of a famous old club threatened with extinction w...
David Beckham joins H&M high-street revolution with underwear collection
The footballer's 'bodywear' range – and a semi-naked video featuring £7.99 pants – was launched this weekForget Superbowl Sunday. In fashion terms, it has been rechristened Beckham in His Pants Day – the moment when the world gets to see the ent...
Scrutiny grows over Craig Whyte’s running of Rangers | Ewan Murray
The sale of their prolific striker Nikica Jelavic appears to have inflicted a fatal blow to Rangers' hopes of retaining the titleThe sale of Rangers' most prolific striker, Nikica Jelavic, without a single player arriving as any form of replacement has...
Birmingham fail to lift the financial clouds
• Parent company tells stock exchange of results delay• More time needed in finalising financial statementsAt a time when Birmingham City are flying high in the Championship and mounting an impressive promotion challenge, the club's financial probl...
Quiet transfer window suggests Premier League clubs have sobered up | David Conn
Uefa's financial fair play scheme seems to be having an effect on clubs' spending – though we have seen quiet windows beforeAny attempt to chart a new sanity for football's future from the erratic punts of January's transfer trading is fraught with l...
Frozen bank accounts add to Portsmouth’s problems
• Latest blow follows winding-up petition• Club seeking to get accounts unfrozenPortsmouth say their bank accounts have been frozen following the winding-up petition issued by HM Revenue & Customs. Andrew Andronikou, the administrator of the Champi...
Stephen Hester’s bonus is wrong – but what about Wayne Rooney’s millions? | Ros Coward
Bankers' bonuses are an easy target. Politicians should raise other excesses, such as footballers' pay or lottery winningsPoliticians have been falling over themselves to have the toughest stance on Stephen Hester's £1m bonus from RBS, which he has no...
Fabio Capello needs to learn lessons from the business world