I normally hide away my poetry on Substack, but it’s Derby day! Enjoy! Infinite Blue The world was Chaos once, a rude and undeveloped mass, A shapeless heap where […]
Infinite Blue
Analysis Series: Analysis of the financial & operational framework of Nottingham Forest Football Club Limited (2024-2026)
Nottingham Forest Annual Accounts 2024/25 Nottingham Forest Football Club Limited over the reporting period ending 30 June 2025, and into the subsequent 2025/26 campaign, has been subject to (beneficiary of?) one of […]
The Analysis Series: Apollo Global Management’s exposure to European football & private credit financing
Apollo General Management Full year results 2025 Central to the financial evolution across European football is the emergence of alternative asset managers, with Apollo Global Management, Inc. (NYSE: APO) positioning itself as […]
The Analysis Series: Analysis of Tottenham Hotspur Football & Athletic Co. Ltd and Tottenham Hotspur Limited: Strategic Review of the 2024-25 Fiscal Period
Tottenham-Hotspur-limited-full year 2024/25 Accounts The financial reporting period ending 30 June 2025 shows a critical inflection point in the modern history of Tottenham Hotspur. It is a period characterised by the starkest […]
The Analysis Series: Financial and systemic analysis of Manchester United plc (2024/25):
Manchester United Financial Results (2024/25) The financial architecture of elite global sports franchises has undergone a profound change over the past two decades. No longer operating as localised civic institutions governed by […]
The Analysis Series: Financial architecture of 22 Holdco Limited: Analysis of Ares Management’s credit exposure, warrants, and embedded derivative structures within the Blueco consortium
For anyone wanting an understanding of how Chelsea are funded and how Ares operate this is a must read: Summary and macro-financial context The global sports finance landscape has undergone a profound […]
The Analysis Series: Liverpool Football Club and Athletic Grounds Limited: Re-capitalisation, Operational Resilience, and Systemic Risk Assessment (Fiscal Year 2025)
Liverpool FC Financial Accounts 2024/25 The financial statements of The Liverpool Football Club and Athletic Grounds Limited for the period ending 31 May 2025 show a Premier League institution transitioning from an […]
The Analysis Series: Aston Villa – Analysis of NSWE Sports Limited: Capital management, subsidiary disposals, and a path to fiscal sustainability? (2024/25)
NSWE Sports Capital Accounts 2024/25 The financial performance of NSWE Sports Limited for the fiscal year ending 30 June 2025 is a further study in the intersection of elite sporting ambition and […]
The Analysis Series: Financial analysis of Manchester City Football Club: Fiscal Year 2024-25 and Post-Balance Sheet developments through April 2026
Manchester City Annual-Report-2024-25 The 2024-25 financial year represents a transformative year for Manchester City Football Club (MCFC). For the first time in nearly a decade, the club encountered a convergence of on-pitch […]
The Analysis Series: Analysis of Newcastle United Limited financial results (2024-2025)
Newcastle_United_Limited 2025, Statutory_Financial_Statements Following the 2021 acquisition by a consortium led by the Public Investment Fund (PIF) of Saudi Arabia, Newcastle United have navigated a complex equilibrium between aggressive squad investment […]