"Academy Status" as such is abolished as of next season as clubs are re-categorised as per the Elite Player Performance Plan. The old Academy status roughly translates as Category 2 of 4, which requires a specific amount of investment. Category 1, for instance, requires an operational budget of £2.5m p/a and 18 full-time staff. As it stands, I think only 16 Premier League clubs qualify for Category One, with Southampton likely to qualify also.
Category 2 requires an operational budget of circa £950k p/a and an indoor training facility, something which very few clubs have (most will merely rent one when necessary, like we've done in the past when the weather's stopped us from training). I don't think a single League One/Two club will qualify for Category 2, as the clubs expected to qualify for this are of the Ipswich, Hull, Wigan size.
Category 3, roughly equivalent to the old Centre of Excellence status, still requires an annual operational budget of £315k, something I think we just fall short of. We plough around £250k per year into the youth development programme (at least that was the figure last quoted, I strongly suspect it may have come down by now), which means we'll be left in the last category. We won't be able to approach youngsters until they're 16 years old and we'll have to give access to any youngsters that impress to Category 1-3 clubs, with a pre-set amount of compensation awarded to us, doing away with the tribunal process.
Without significant outside investment or an upturn in our fortunes on the pitch, we won't be qualifying for Category 3 any time soon. Any player who has impressed for us under the age of 16 is likely to be poached by any one of the Cat 1/2/3 clubs. I wouldn't be at all surprised if there's a serious re-think as to our youth development policy over the summer.
This is why it's been thoroughly important for us to develop close links with Premier League clubs in our area. Through cooperating with them, we're far more likely to be tipped off or recommended to 16 year olds who don't quite cut the grade at Premier League level and, as such, will become available to Category 4 clubs upon their release.