Host Mark Chapman is joined by The Athletic's football news reporter Matt Slater are joined by Dr Tom Markham to explain how a football club is valued and how deals are negotiated between buyer and seller with our guest Dr Tom Markham - who is on the board of the group that has just bought EFL side Wigan Athletic.

Analysing a raft of recent deals including the breaking news during recording of this week's pod that the pod that saw the completion of sales of both Ipswich and Derby County.

Tom also reveals the club he thinks would be the toughest to buy.

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Explained: How a football club is valued