The Analysis Series: Ares – Eagle Football Bidco, debt notes inventory & Jersey listing 

Complete inventory of debt tranches, TISE listing status, and implications for Ares Capital Corporation and its noteholders Primary sources prioritised throughout; Secondary sources explicitly flagged Prepared 25 June 2026   Primary sources: […]

The Analysis Series: The statutory duties of the Independent Football Regulator to protect the game of professional football

A precise, section-by-section analysis   Sourced exclusively from the text of the Football Governance Act 2025 (c. 21)   Football Governance Act 2025 This report sets out, precisely and by direct reference to the […]

The Analysis Series: Analysis of the 23 June 2026 Eagle Football Group Press Release – sale of Olympique Lyonnais, impact on Ares & Botafogo

Eagle Football Group Press Release Prepared 24 June 2026   Sources: Eagle Football Group S.A. press release | Cork Gully LLP Statement of Proposals | Bloomberg | Reuters | theesk.org Summary Analysis of […]

The Analysis Series: Continuing to analyse the Burnley case (PLJP 2023/3) and the possible implications (II)

June 21st 2026 Part I to be found here Implications for commercial contracts, investor and lender confidence, balance sheets, player valuations and academy investment On 2 June 2026 a Premier League Independent […]

The Analysis Series: Assessment of Florida filing: Textor v. Eagle Football Holdings Bidco Limited, Lins and Montenegro (Case No. 50-2026-CA-006258-XXXA-MB, 15th Judicial Circuit, Palm Beach County)

2026-06-12 Amended Complaint What this document actually is This is the Amended Before Reply Complaint, filed 12 June 2026 by McDonald Hopkins LLC (Alan Burger, Alaina Karsten) on Textor’s behalf, in Florida […]

The Analysis Series: Continuing to analyse the Burnley case and the possible implications

  The detailed analysis below should be read in the full knowledge that Burnley Football & Athletic Company Limited v Everton Football Club Company Limited (PLJP 2023/3) is subject to appeal – an […]

The Analysis Series: Manchester United PLC: debt structure, INEOS investment, refinancing & full financial review

Period: FY2025 (to 30 June 2025) | Current: Q3 FY2026 (to 31 March 2026) This report examines Manchester United plc’s latest NYSE/SEC filings, the June 2026 debt refinancing, the INEOS capital structure, […]

The Analysis Series: Systemic risk assessment, Premier League PSR compensation litigation, Burnley FC v Everton FC (PLJP 2023/3)

 Systemic risks if the decision is not overturned on appeal Summary This article assesses the systemic risks arising from the Burnley FC v Everton FC compensation decision (PLJP 2023/3, 2 June 2026) […]

The Analysis Series: Grounds for appeal, Burnley FC v Everton FC, PLJP 2023/3 

Prepared 11 June 2026   BURNLEY-v-EVERTON-Compensation-Decision-with-Attachments-Redacted Previous Article (September 17, 2025)   Sources: PLJP 2023/3 (290pp, June 2026) | theesk.org (Quinn, Sept 2025) | Allied Maples | Durham Tees Valley | Recovery Partners v […]

The Analysis Series: Diarra Case

The Analysis Series has produced a number of reports on the Diarra case. Please see below in chronological order (latest first) June 9th 2026 The Analysis Series: Update on Diarra v FIFA […]

The Analysis Series: Update on Diarra v FIFA & URBSFA Case C-650/22 (June 9th 2026)

The Analysis Series has produced a number of reports on the Diarra case which can be found here: The Diarra Case Summary This report covers verified facts only; unverified claims are flagged. […]

The Analysis Series: Friedkin Group’s acquisition and ownership of AS Roma (2020–2026)

TL; DR The Friedkin Group (TFG), the Houston-based private consortium of Texas billionaire Dan Friedkin, acquired AS Roma in August 2020 for an enterprise value of €591 million (~$700m / £532m), assuming […]

The Analysis Series: Giovanni Infantino – career & business profile 

This article covers professional and career conduct only. All claims are sourced from primary or major verified secondary sources; unverified matters are flagged. The report presents a fair but critical examination of […]

The Analysis Series: GDA Luma Capital and the Botafogo SAF acquisition

  GDA Luma Capital Management, L.P. is a US-registered, Miami-headquartered distressed-for-control private investment firm founded by Mexican investor Gabriel de Alba and legally established in 2021 as a Delaware limited partnership.  Supported […]

The Analysis Series: The Levy stake sale: Eight Sports Capital, ENIC control and the future of Spurs ownership

On 5 June 2026 a buyer-side press release from Eight Sports Capital Limited announced the signing of a sale and purchase agreement to acquire a 24.99% interest in ENIC Sports and Developments […]

The Analysis Series: The Moores’ Family: A Dynasty at Goodison Park 1960-1994

The Moores’ family’s association with Everton Football Club spanned more than three decades from 1960 to the mid-1990s. The family’s principal figure, Sir John Moores CBE, founder of the Littlewoods retail and […]

Analysis Series: Administration of Eagle Football Holdings Bidco Limited: A planned creditor enforcement and the playbook of alternative asset lenders in football

AM03: Notice of administrators’ proposals Summary The appointment of Cork Gully LLP as Joint Administrators of Eagle Football Holdings Bidco Limited on 27 March 2026, executed unilaterally by Ares Capital Corporation acting […]

The Analysis Series: Eagle Football Holdings Bidco Limited Administration: Briefing note from Administrators, Cork Gully

The following statement was released on Companies House today by Eagle Football Holdings Bidco’s administrators Cork Gully LLP Proposals: Eagle Football Holdings Bidco Overview Eagle Football Holdings Bidco Limited (Companies House number […]

The Analysis Series: Kia Joorabchian in detail (to June 3rd 2026)

This article provides a comprehensive assessment of Kiavash (“Kia”) Joorabchian. It covers his biographical background, career history, sources of wealth, verified business associations, known litigation, controversies, and his current involvement in the […]

The Analysis Series: Continuing the analysis of Eagle Football, this time RWDM Brussels FC & the urgency for a solution

  Ownership, collapse, licensing jeopardy & remedial pathways This article provides a financial and strategic analysis of RWDM Brussels FC (Racing White Daring Molenbeek), examining the club’s journey since its acquisition by […]