What began as an ambitious attempt by American businessman John Textor to combine the talent-rich Brazilian football market with the commercial infrastructure of European leagues has culminated in a series of high-stakes […]
The Analysis Series: Eagle Football Holdings insolvency will satisfy none of the constituent clubs, nor their fans – particularly Botafogo
Analysis of Eagle Football Holdings insolvency: Debt, inter-company receivables, and the status of Botafogo SAF claims As of April 2, 2026, the governance and structural integrity of the conglomerate has evolved from […]
The Analysis Series: Financial reconstruction: Analysis of Everton Football Club’s 2024/25 Annual Report and Accounts
Stewardship transition The financial reporting period ending June 30, 2025, reports on the most significant structural change in the history of Everton Football Club. Following a protracted period of fiscal instability, regulatory […]
The Analysis Series, Concluding the Eagle Football Analysis – RWDM Brussels
The emergence of multi-club ownership (MCO) has fundamentally re-calibrated the financial and operational parameters of professional football. At the heart of this was John Textor’s Eagle Football Holdings, a corporate structure designed […]
The Analysis Series, continuing the Eagle Football analysis – Botafogo
The formal acquisition of Botafogo SAF occurred in the wake of a desperate need for capital. In December 2021, the club reached an agreement in principle to sell 90% of its shares […]
The Analysis Series: Financial evolution of Eagle Football Group: Analysis of EBITDA and operational performance (2021–2026)
Football is a high risk business. Financial performance is determined by success on the pitch, the security of media rights deals, player acquisition and disposal, the cost and form of capital […]
The Analysis Series: Analysis of Ares Capital Corporation and Eagle Football Holdings Bidco Limited debt architecture
With the appointment of administrators, Cork Gully, in London’s High Court on Friday 27th March 2026, a detailed analysis shows Ares (the lender and security agent) rights and what happens to the […]
The Analysis Series: Navigating multi-club ownership under UEFA Article 5 – the Friedkins, Everton & AS Roma
As of early 2026, approximately 380 clubs worldwide are integrated into MCO frameworks, with nearly 42% of clubs in Europe’s five largest leagues, the Premier League, La Liga, Serie A, Bundesliga, and […]
Talking the Blues podcast; Everton 3 Chelsea 0
Welcome to this week’s Talking the Blues podcast, with George performing brilliantly on stage in Waiting for Godot (go and see it if you can) Andy joins me in a joyous chat […]
The Analysis Series: Analysis of the Eagle Football Holdings legal and creditor landscape
The operations and finances of Eagle Football Holdings (EFH), the multi-club operation majority owned by American entrepreneur John Textor, continues to experience a period of systemic volatility. This instability is evidenced by […]