The term phoenix club is one used in professional team sports to refer to a new parent company that is set up to replace the parent company of a club that has failed in business terms but not in sporting terms, ideally while maintaining the continuity of the sporting activity. In some cases, the phoenix club is created by the supporters of the club which has ended (or appears to be on the point of ending). A phoenix club will often have the same or similar name, logo and playing uniform to the original club. The term is particularly prevalent in the United Kingdom in relation to association football, though it is also used in other countries.
The term is also occasionally used to refer to a club formed by disgruntled supporters of a major team when a change of ownership or policy causes them to lose faith in the management of their favoured side (as happened in 2005 when F.C. United of Manchester were formed by fans of Manchester United as a protest at the sale of the latter to Malcolm Glazer). although their status as such may be disputed if the original club is still in existence at the time.
The term is taken from the mythical phoenix bird, which is said to resurrect itself from its own ashes. In the Australia-New Zealand A-League the demise of the sole New Zealand team, New Zealand Knights, resulted in the newly created club actually calling itself the Phoenix, albeit that the club moved to a different city, Wellington.
In some cases, phoenix clubs will retain the name of the club which they replaced, implying a continuation from the former team. In other cases, name changes occur, perhaps due to proprietorial ownership existing on the old club's name.
It does not also include teams that relocated and/or have been renamed as a going concern, although many of the former may have their founding date as the day they have moved and still have strong links to their past, however they are considered to be the same club and therefore cannot be a phoenix (unless their previous entity officially folded and was liquidated).
However, the term phoenix club is one that could be disputed depending on the criteria used, as there is no single universally accepted definition. Furthermore, there may be changes in what each country's football governing body and legal system defines as a phoenix club and not a resurrected club. For example: The Scottish Football Association has a different interpretation from the (English) Football Association with regard to phoenix clubs. Therefore, Rangers FC is not regarded in Scotland as a phoenix club (despite a new company having bought the assets of the The Rangers Football Club plc in 2012 after a failure to agree a CVA with its creditors and consequent liquidation); whereas in England, Darlington 1883 is regarded as a phoenix club having gone through similar circumstances.