Tag: Solvency

Solvency, not liquidity ? Gordon Brown’s diagnosis of the 2008 banking crisis & its implications for systemic risk, capital adequacy and regulation in English football

Paul Quinn  CWTE Limited 6th October 2026 Purpose of this paper: To set out Gordon Brown’s argument that the 2008 crisis was a solvency crisis rather than a liquidity crisis, to test […]

Business as usual?

It is not business as usual. The cost base of the club has to be addressed. That is inevitable. It’s inevitable from a regulatory point of view (even if there’s a temporary relaxation to reflect the extraordinary circumstances currently) but more importantly for the club’s future solvency.