Position as at 9 October 2026 Prepared by Paul Quinn, CWTE Limited (theesk.org) Ownership chain, entity-by-entity notes, funding and security, verification log Basis of preparation Figures are drawn from Companies House filings […]
Club statement issued at 0845 BST 9th October 2026 The Friedkin Group is exploring new investment options for Everton Football Club, including the potential sale of a controlling interest. When TFG became […]
Prepared by: Paul Quinn, CWTE Limited October 8th 2026 Roundhouse Capital Holdings 30th June 2025 Group reporting quality, shareholder movements, funding of Roundhouse, and reconciliation to my prior Everton analysis Item Detail […]
Prepared by: Paul Quinn, CWTE Limited Date: 7 October 2026 Headline conclusions Everton: central equity value about £360m (range £270m–£455m); enterprise value about £790m (range £700m–£880m). Five-year owner equity requirement about £450m […]
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 […]
Paul Quinn CWTE Limited 3 October 2026 IMPORTANT NOTICE Analytical commentary for public discussion, not legal advice. All findings referred to are first-instance findings of the Independent Commission, published in redacted form […]
Date: 2 October 2026 Author: Paul Quinn, CWTE Limited Scope: 2026/27 Premier League membership; 2025/26–2027/28 broadcast cycle; latest filed audited accounts Summary Headline finding Central estimate: c.£528m a year, c.7.5% of projected […]
Sporting integrity • Compensation cascade • Regulatory framework • Financial contagion • Political response • UAE investment risk • Ownership governance • UEFA Position as at 1 October 2026 Prepared by Paul […]
30th September 2026 Paul Quinn ; CWTE Limited Author Paul Quinn, The Esk / CWTE Limited Date 30 September 2026 Classification Analytical commentary . Not legal advice. Status of findings First-instance Section […]
Paul Quinn CWTE Limited | theesk.org 29 September 2026 Primary source: “In the Matter of Premier League Section W Proceedings, The Football Association Premier League Limited and Manchester City Football Club Limited […]
Author: Paul Quinn, CWTE Limited Research current to 29 September 2026 Entities in scope: Manchester City Football Club Limited (00040946); Manchester City Limited (02989498); City Football Group Limited (08355862) This report maps documented […]
Author: Paul Quinn, CWTE Limited Date: 28 September 2026 Summary This article examines the ownership, financing and regulatory position of The Sheffield United Football Club Limited (company no. 00061564) and its […]
Welcome to this week’s Talking the Blues Podcast – we catch up on Everton before focus turns inevitably to the reported 114 breaches by Manchester City. A really interesting, thoughtful conversation which […]
After the reported verdict – an opinion paper Item Detail Author Paul Quinn, CWTE Limited Date 26 September 2026 Status Opinion. Written on the basis of the verdict as reported on 25 […]
What the 25 September 2026 press reports tell us, tested against my prior analysis, and how far the case evidences governance failure at League, club and Commission level Position as at: Friday […]
Paul Quinn| CWTE Limited | 24 September 2026 Primary source: Manchester United plc, Form 20-F for the year ended 30 June 2025 (filed 18 September 2025), including audited consolidated financial statements (auditor: […]
Terms of the €210m Senior Secured Media Notes and the €300m Espai Barça extension, with a granular reconstruction of the club’s debt stack at 30 June 2026 and pro forma Item […]
Prepared by Paul Quinn CWTE Limited Summary Sovereign capital has become one of the three structural forces in professional sport, alongside North American private equity and multi-club ownership. It is, however, routinely […]
18th September 2026 What the Fifteenth Judicial Circuit actually decided on 15 September 2026, why Eagle Bidco did not defend, and why the declaration collides with the Brazilian share register, the CAM-FGV […]
Welcome to this week’s Talking the Blues Podcast with George and Andy Costigan. We catch up on recent results including the Tottenham and Wolves’ results before turning our attention to the Friedkins’ […]