The Analysis Series

The Analysis Series: Premier League club brand value analysis

This report provides an analysis of Premier League club brand values, the methodology by which they are measured, the contributory factors that drive them, and the strategies by which clubs can grow brand value independent of on-pitch performance. It concludes with an analysis of Everton Football Club’s brand position and a strategic growth plan.

Brand value in professional football has evolved to the point it is no longer a byproduct of performance but is now a driver of success. The combined value of the world’s top 50 football club brands has climbed to  € 21.9 billion in 2025.

The Premier League is the world’s most valuable sports league in terms of brand value, with its top ten brands totalling € 8.2 billion, more than a third of the total value of the world’s top 50 most valuable clubs. 

Six Premier League teams each hold substantial brand value: Manchester City (€ 1.4B), Liverpool (€ 1.4B), Manchester United (€ 1.2B), Arsenal (€ 1.2B), Chelsea (€ 961M) and Tottenham Hotspur (€ 798M).

For mid-table clubs, however, the gap is enormous. Everton, with a verified brand value of £ 240 million, sits at approximately 17% of Tottenham’s brand value. The strategic opportunity is significant, but it requires a deliberate, commercially disciplined approach to brand investment that goes far beyond on-pitch performance.

Four key themes emerge from this analysis: 

  • (1) brand value and on-pitch performance are correlated but not colinear; 
  • (2) the stadium is the brand’s most powerful physical expression; 
  • (3) content is the most cost-effective brand investment available; and 
  • (4) For Everton specifically, the convergence of new ownership, a new stadium, and a regulatory clean slate creates a brand inflection point of the kind that occurs once in a generation.

What is brand value in football?

Brand value is defined by Brand Finance, the ISO 10668-compliant standard-bearer for brand valuation, as the net economic benefit that a brand owner would achieve by licensing the brand in the open market. 

In plain terms: if a club did not own its own name, crest, colours and identity, how much would it pay to license them from a third party? That annual licensing fee, projected forward and discounted to present value, is the brand value.

It is distinct from, but related to, the club’s enterprise value (what the club is worth as a going concern) and its squad market value. Brand value is the specific economic contribution of the name, history, fan loyalty, and commercial identity, stripped of player assets and physical infrastructure.

  Why brand value matters

  1. Larger sponsorship deals: sponsors pay for access to the brand’s audience and its perception premium.
  2. Higher kit and merchandise royalties: licensees pay rates directly pegged to brand strength scores.
  3. Greater broadcast negotiating leverage: global broadcasters pay premiums for recognisable brands.
  4. Better transfer leverage: players accept lower wages to join stronger brands, a direct cost saving.
  5. Lower cost of capital: investors price risk based on brand durability and revenue predictability.

In the modern football economy, brand value is the foundation on which all other commercial revenues are built.

How brand value Is calculated

Brand Finance’s Royalty Relief approach is the ISO 10668-compliant industry standard. Understanding it is essential for any club seeking to actively manage its brand value, as it identifies precisely which levers drive the final number.

Step Stage Process Key Metric Output
Step 1 Brand Strength Score Calculate the BSI (0-100) using a balanced scorecard: Marketing Investment (spend, digital, stadium, international), Stakeholder Equity (fan base, sentiment, awareness, global consideration), and Business Performance (revenues, sponsorship, merchandise, Euroopean competition). 50/100 = BBB | 70 = AA | 90 = AAA+
Step 2 Royalty Rate Derivation Map the BSI score to a royalty rate range, typically 1-10% of brand-attributable revenues. A club with BSI 93 (Manchester United) commands a rate near the top of the range; a club with BSI 58 (Brentford) commands a much lower rate. The royalty rate is the annual fee the club would pay to license its own identity. Typical football range: 1-8%
Step 3 Revenue Forecast Project total future revenues attributable to the brand over a multi-year forecast period. Revenues include matchday, broadcast, and commercial. Deduct non-brand revenues (player sales, non-recurring items). This is the revenue base to which the royalty rate is applied. 5-10 year DCF model
Step 4 Apply Rate & Discount Multiply the royalty rate by the forecast revenue base to generate annual brand income. Apply a discount rate (typically 7-12% for football clubs, reflecting operational and reputational risk) to convert the income stream to a net present value (NPV). This NPV is the Brand Value. NPV = Brand Value
Step 5 Brand Rating Assignment Assign a brand rating (AAA+ down to D) corresponding to the BSI score, analogous to a credit rating. This rating is used by sponsors, broadcasters and commercial partners as a benchmark for pricing partnership fees and licence agreements. AAA+ = 90-100/100

 

The Everton brand value of £ 240 million stated in the Roundhouse Capital Holdings accounts was calculated using precisely this method, the brand valuation of £ 240.0 million was determined using the relief from royalty method, which assumes a licensing fee that an entity would be willing to pay to use the brand if it did not own it. This is a verified, primary-source figure from the club’s own audited accounts.

Brand Strength Index (BSI)

The BSI is the critical input that drives everything downstream in the valuation model. Brand Finance calculates brand strength using a balanced scorecard assessing marketing investment, stakeholder equity, and business performance. The table below maps all key sub-factors and their impact on final brand value.

Pillar Sub-Factor What Is Measured Brand Value Impact
Marketing Investment Total marketing spend Advertising, media buy, digital marketing budget Higher spend = higher BSI = higher royalty rate
Digital & social media investment Platform investment, content production, creator partnerships Drives international stakeholder equity scores
Stadium & facility investment Renovation, expansion, technology infrastructure Physical brand expression; matchday revenue base
International marketing Overseas office presence, localised content, tour investment Global BSI lift; opens international sponsor categories
Stakeholder Equity Global fan base Total verified followers across social platforms, by market Primary revenue multiplier for commercial deals
Fan sentiment scores Proprietary Brand Finance survey data; loyalty and advocacy High loyalty reduces royalty rate discount; supports premium pricing
Brand awareness Aided/unaided awareness in key markets (UK, US, Asia, MENA) Determines sponsor reach premium over and above domestic market
Player star power Global recognition of current playing squad Short-term BSI driver; watch: over-dependency on individual
Business Performance Total revenues Matchday + broadcast + commercial brand-attributable split Revenue base for royalty rate application
Commercial revenue growth Year-on-year commercial income trajectory Forward-looking: signals future revenue base expansion
Sponsorship quality Tier of sponsors by global recognition and deal value Premium sponsors signal brand strength to future partners
European competition CL/EL/UECL participation and performance Adds c.15-25% BSI uplift vs domestic-only competitor
Heritage & History Top-flight continuity Unbroken Premier League / top-flight history Foundation of brand equity; irreplaceable
Trophies and records League titles, FA Cups, Euroopean trophies Historical BSI anchor; depreciates without reinforcement
Cultural significance Connection to local community, national identity, iconic moments Non-financial brand equity; drives fan loyalty scores

Premier League club brand values, complete rankings

The following table presents verified brand values from the Brand Finance Football 50 2025 report (published August 2025) for the top six clubs, supplemented by Brand Finance 2024 data and estimated ranges for remaining Premier League clubs. Sources are stated explicitly.

# Club Brand Value (2025) YoY BSI Score Rating Global Rank Source
1 Manchester City € 1.40B ▼ -11% 90.2/100 AAA+ 3rd Brand Finance 2025
2 Liverpool € 1.40B ▲ +2% 92.8/100 AAA+ 4th Brand Finance 2025
3 Manchester United € 1.20B ▼ -3% 93.2/100 AAA+ 5th Brand Finance 2025
4 Arsenal € 1.20B ▲ +6% 92.8/100 AAA+ 6th Brand Finance 2025
5 Chelsea € 961M ▲ +7% 90.1/100 AAA+ 7th Brand Finance 2025
6 Tottenham Hotspur € 798M ▲ +4% 86.4/100 AAA 8th Brand Finance 2025
7 Newcastle United € 350-420M* ▲ Rising ~75/100 AA 14-16th BF 2024 + est.
8 Aston Villa € 320-380M* ▲ Rising ~72/100 AA- 17-19th BF 2024 + est.
9 West Ham United € 280-320M* Stable ~70/100 AA- 20-22nd Revenue proxy
10 Everton £ 240M (€ 280M) ▲ New era ~68/100 AA- 22-25th Roundhouse Capital 2025
11 Brighton & Hove Albion € 200-250M* ▲ Fast riser ~66/100 A+ 25-28th Revenue proxy
12 Fulham € 180-220M* ▲ Fast riser ~64/100 A+ 28-32nd BF fastest grower 2024
13 Nottingham Forest € 180-210M* ▲ CL impact ~63/100 A+ 30-34th Revenue proxy
14 Leicester City € 160-200M* Stable ~62/100 A ~3-38th Revenue proxy
15 Brentford € 140-170M* Stable ~58/100 A- 38-43rd Revenue proxy
16+ Bournemouth/Wolves/Palace € 80-150M* Varies ~50-60/100 A-/BBB Outside top 50 Estimated

 

* Estimated. Figures marked with asterisk are derived from revenue proxy analysis, historical Brand Finance data, and relative BSI trajectory assessment. They are not verified Brand Finance published figures. Brand Finance does not publish individual values for all 20 Premier League clubs.

Individual club brand profiles, strengths, weaknesses and opportunities

Manchester City € 1.40B (BSI: 90.2/100, AAA+)  Global Rank: 3rd

Strengths: Unmatched on-pitch success 2011-2024. Abu Dhabi sovereign backing provides unlimited commercial runway. Cityzens global membership platform. Etihad sponsorship ecosystem. City Football Group multi-club model amplifies brand in new markets. Manchester City’s consistent on-pitch success has driven record commercial and matchday revenues.

Weaknesses: 115-charge cloud cast a long shadow over the brand’s institutional credibility. Perceived as manufactured success, lacks authentic heritage resonance outside Manchester. Declined 11% in 2025 as on-pitch performance faltered markedly. Over-dependent on Guardiola identity.

Opportunities and Threats: Post-charges resolution could trigger significant brand recovery. Guardiola succession is the single largest brand vulnerability. Every season without on-pitch dominance directly compresses the BSI score that had been built on relentless trophy accumulation.

Liverpool € 1.40B (BSI: 92.8/100, AAA+) Global Rank: 4th

Strengths: The UK’s strongest football club brand and second strongest globally. Anfield expansion to 61,000 seats is a brand value amplification tool, not merely a capacity exercise. YNWA emotional brand equity is unmatched in English football. FSG’s commercial discipline and digital-first approach. Strong Asian and Americas following.

Weaknesses: Brand disproportionately associated with 1980s romanticism, younger global fans may not connect emotionally. Post-Klopp transition is a critical brand test. LFC TV content quality inconsistent compared to rivals.

The post-Klopp stabilisation under Arne Slot, if successful, could build a brand that is genuinely independent of any single manager figure, which is the most structurally durable outcome.

Manchester United € 1.20B (BSI: 93.2/100, AAA+) Global Rank: 5th

The starkest brand dilema in world football: Manchester United has a higher BSI score (93.2) than any other Premier League club, yet declining revenues. Manchester United and Bayern Munich have the highest international fan following of any club globally. The brand was built on Ferguson-era mythology and endures despite years of on-pitch under-performance.

Weaknesses: Years of squad under-investment have eroded on-pitch competitiveness. Old Trafford in urgent need of redevelopment. The brand’s emotional authority is built on past glories rather than present performance, a depreciating asset without reinforcement.

Opportunity: A new stadium project would be the single largest brand value uplift event in English football history. Every season without Champions League football directly reduces the royalty rate base.

Arsenal € 1.20B (BSI: 92.8/100, AAA+) Global Rank: 6th

Arsenal’s brand is growing fastest of the Big Six. The Arteta project is delivering a brand-aligned identity: young, technically excellent, and genuinely global. Arsenal’s AAA+ rating and 92.8 BSI score make them the most efficiently managed brand in the Premier League — achieving comparable strength to Liverpool with lower resources.

Weaknesses: Despite the high BSI, brand value remains below City and Liverpool without recent major trophies (now no longer the case with PL success). Content narrative is excessively backward-looking (Invincibles, Bergkamp). International presence weaker than global BSI suggests.

Their first Premier League title in 20+ years will be the most significant brand value event in modern English football a 15-20% uplift is plausible and has a material basis in historical Brand Finance data on title-winning brand movements.

Chelsea € 961M (BSI: 90.1/100, AAA+) Global Rank: 7th

The Club World Cup win in 2025 drove the 7% brand value uplift. The Stamford Bridge redevelopment (should it happen) will add £ 100M+ to brand value when delivered. London premium location and the Boehly/Clearlake commercial team is well-resourced.

Weaknesses: Player acquisition strategy has damaged the brand among core fans and is widely derided in media. Excessive transfer spending undermines brand narrative coherence. PSR compliance remains a risk. Stadium delay creates continued uncertainty for commercial partners.

Tottenham Hotspur € 798M (BSI: 86.4/100, AAA) Global Rank: 8th

Tottenham Hotspur Stadium is the most commercially innovative stadium in world sport, NFL, concerts, hospitality, retail all drive non-football revenue year-round. The stadium infrastructure is already transforming Tottenham’s brand from football club to entertainment venue. This infrastructure-first approach is the correct model for any club seeking brand value growth independent of trophies.

Weaknesses: Trophy drought is directly suppressing brand value below potential. The ‘Spursy’ cultural narrative actively damages the brand globally. A BSI of 86.4 would translate to a significantly higher brand value if matched by consistent on-pitch performance. Trophylessness risks ossifying the almost narrative into a permanent brand identity. Relegation would see it plummet.

Growing brand value beyond performance

The most important strategic insight from 20 years of Brand Finance football data is this: on-pitch performance is a catalyst for brand value, but it is not the primary engine of sustained brand value growth. The clubs that have grown brand value most consistently are those that have invested in the commercial, digital, experiential and cultural dimensions of their brand independently of league position.

No single investment generates more brand value per pound spent than a well-designed, multi-purpose stadium. Tottenham Hotspur Stadium is the definitive Premier League case study: its NFL partnership, concert capacity, Hotel N17, the H Club, stadium tours, and Gravity indoor entertainment complex generate revenues year-round that are entirely independent of football results.

The lesson from Real Madrid is equally instructive: the Bernabeu’s € 1.8 billion renovation, retractable roof, world-class entertainment complex, museum, contributed directly to a 14% brand value rise in 2025 to € 1.9 billion. Stadium ownership is a key component in determining enterprise value. Clubs that own and optimise their stadium asset have a structural brand advantage over those that do not.

Content Strategy, Netflix/Formula 1 principle

Formula 1 invested heavily in fan engagement via social media, e-sports, and Netflix (Drive to Survive) and saw sponsorship revenues surge by over 30% between 2017 and 2022. This is the most compelling proof of concept for football’s content opportunity. Drive to Survive did not make F1 faster, it reframed the sport’s narrative and made it emotionally accessible to an entirely new audience.

The clubs doing this best in football are Manchester City (City+ app, behind-the-scenes docuseries) and Arsenal (All or Nothing). Every Premier League club has an equivalent story. In a world where 90% of Premier League fans watch on TV and 56% engage digitally with their club regularly, content is a brand value driver of the first order.

Global fan segmentation, NBA blueprint

The NBA’s global fan engagement strategy, particularly in China and social platforms like TikTok, was a major factor in Nike’s long-term sponsorship extension worth over US$ 1 billion. The NBA understood that its greatest commercial opportunity was converting casual international followers into active, spending fans through localised content, in-market events, and player ambassadors who resonated with specific cultural markets.

The clubs doing this best, Liverpool, Arsenal, Manchester United, have dedicated regional offices in key markets, local language social accounts, and market-specific commercial partnerships. Mid-table Premier League clubs have yet to develop this infrastructure, leaving significant commercial revenue on the table.

Women’s Football, the largest untapped brand multiplier

The fastest-growing brand multiplier available to any Premier League club in 2026 is a credibly invested women’s team. Sponsors in categories previously closed to men’s football, healthcare, beauty, financial services, FMCG, are actively seeking WSL partnerships. A club that positions its women’s team as an integral part of a single brand identity (not a CSR footnote) gains access to entirely new commercial categories and demographic groups unavailable through the men’s team alone.

Sponsorship portfolio, beyond the shirt

The most sophisticated commercial operators in football have moved from a model of sell the shirt and sleeve to building a portfolio of brand partnerships that enhance rather than dilute the club’s identity. Manchester City has over 40 official partners, each mapped to a specific audience segment. Real Madrid’s Adidas partnership is a co-creation arrangement that produces exclusive lifestyle product lines, content partnerships, and global retail activations. For lower-value clubs, finding the right sponsor, not the biggest, is the critical next step.

Global best practice, what Premier League clubs can learn

Stadium transformation as brand transformation: The Bernabeu model

Real Madrid invested € 1.8 billion in the Santiago Bernabeu renovation, completed in 2024. The stadium now generates revenues independently of football, concerts, corporate events, luxury hotel facilities, and a rolling roof enabling year-round use. This investment drove a 14% brand value increase to € 1.9 billion in 2025,  a return equivalent to € 266 million in brand value per year on a € 1.8B capital outlay.

The lesson: the stadium is not where football happens. It is the brand’s most powerful physical expression. Its design, capability and commercial programming communicates the club’s ambition to every visitor, sponsor, broadcast viewer and potential commercial partner.

Application for Premier League clubs: any club with a new or recently redeveloped stadium should immediately model the full 52-week event capacity and commercial programming schedule against the Bernabeu benchmark. The brand value return on non-football programming is among the highest of any available investment.

AT&T Stadium: The entertainment hub model

The Dallas Cowboys have a brand value of US$ 9.2 billion, the world’s most valuable sports team brand,  despite never winning a Super Bowl in the AT&T Stadium era. Jerry Jones’s explicit strategy: treat AT&T Stadium as an entertainment destination rather than a football venue. The stadium hosts the Cotton Bowl Classic, concerts, boxing, soccer and college football’s biggest neutral-site games. Non-NFL annual revenue from the stadium complex: US$ 180M+.

The brand lesson: a sports stadium that hosts only sports is a commercially under-utilised asset. A stadium that hosts the widest possible range of premium events becomes a brand anchor for an entire region.

Application: This is the Tottenham model applied at NFL scale. Every Premier League club with a modern stadium should be asking not ‘who plays here?’ but ‘what happens here, every week, all year?’

Building a global brand from a population of 5 million

The All Blacks are among the world’s top 10 most recognised sports brands, despite representing a country with a population smaller than Greater Manchester. Their approach: authenticity at scale. The Haka is not a marketing device, it is a genuine cultural expression commercially available to the world through deliberate brand stewardship. Their ‘better people make better All Blacks’ philosophy is embedded in player recruitment, public behaviour standards, and media performance. Brand values are lived, not expressed.

For English football clubs outside the Big Six, the equivalent lesson is that a compelling, authentic brand story based on genuine community roots, local heritage, and real fan relationships can create brand value that is genuinely independent of league position.

Application: Everton’s history, its contribution to global football developments narrative, combined with the Goodison Park closure story and the regeneration of Bramley-Moore Dock, is the equivalent of the Haka, a genuinely unique cultural expression that no rival can replicate. It needs to be told at scale.

Chase Center: The digital-physical brand structure

When the Warriors opened Chase Center in 2019, they designed it explicitly as a tech-forward brand experience: full 5G throughout, a Chase app-integrated loyalty programme, AR features in premium concourses, and a proprietary streaming service (Warriors+). In the first three years, Chase Center’s non-basketball revenues averaged US$ 215M annually. The Warriors’ brand value grew 40% in the five years following Chase Center’s opening, entirely driven by the commercial ecosystem around the venue.

The lesson: the technology infrastructure of the stadium is as important as its architectural design, because it is the technology layer that drives long-term data capture, personalisation, and fan spending.

Application: Every Premier League club building or renovating a stadium should treat the technology investment as primary, not secondary. The data generated by 52,000 fans, properly captured and segmented, is a long-term commercial asset that compounds in value year on year.

Everton Football Club, detailed brand analysis

Brand Value: £ 240 Million  |  Verified via Relief from Royalty Method  |  Roundhouse Capital Holdings Accounts 2024/25

Source: The Esk Analysis Series (Paul Quinn), April 2026  |  Analysis of Roundhouse Capital Holdings Ltd Accounts

Everton Football Club occupies a unique and acutely paradoxical position in the Premier League brand landscape. It is a club of genuine, verifiable global brand heritage, playing more top flight games than any club globally, a founding member of the Football League, with 9 league titles, 5 FA Cups, a European trophy, and a supporter base of genuine emotional depth. Yet its current brand value of £ 240 million places it significantly below clubs with a fraction of its history and cultural significance.

The explanation for this paradox is not found in the quality of the underlying brand asset, it is found in 50 years of strategic under-investment in brand management, compounded by a decade of ownership instability, financial distress, and regulatory sanction. The Friedkin Group’s acquisition in December 2024 and the opening of the Hill Dickinson Stadium in 2025 represent the most significant brand reset opportunity in the club’s modern history.

Metric Value Context / Source
Brand Value £ 240.0M Relief from Royalty method, Roundhouse Capital Holdings Ltd accounts 2024/25 (The Esk, April 2026). Verified primary source.
Total Revenue £ 196.7M Record turnover, +5.24% year-on-year. Roundhouse Capital Holdings accounts 2024/25.
Commercial Revenue £ 47M 26% of total revenue. Significantly below potential for a club of Everton’s heritage and new stadium scale.
Stadium Capacity 52,288 seats Hill Dickinson Stadium at Bramley-Moore Dock. Opened 2025/26 season. 35% larger than Goodison Park.
Projected Matchday Revenue £ 55-65M Based on 52,288 capacity plus premium hospitality. Estimated from comparable Premier League stadia benchmarks.
Friedkin Capital Injection £ 489M+ £ 200M pre-acquisition (June 2024) + £ 289M capital increase at acquisition (December 2024). The Esk, December 2025.
Debt £ 480M Predominantly stadium construction (£ 312.7M capex 2024). Asset-backed debt, not legacy operational debt.
Previous Shirt Deal (Stake) £ 10M/season One of highest values outside Big Six. Contract ending. Brand-damaging crypto/gambling association.
New Shirt Deal (TBC) Potentially £ 76M total Club-record value deal reportedly close. Friedkin Group repositioning brand deliberately.
Nagoya Grampus Partnership 2025/26 season First strategic move toward Asian market expansion. Working with a respected Japanese club provides talent, coaching and Asian brand presence.
PSR Status All charges cleared January 2025, Premier League discontinued all outstanding PSR charges from Moshiri era. Regulatory clean slate for Friedkin era.

 

STRENGTHS

  • The greatest number of games played in any top division globally – unique heritage asset
  • Brand value of £ 240M, verified solid foundation, not a distressed starting point
  • Hill Dickinson Stadium: 52,288 capacity, Bramley-Moore Dock waterfront, finest new English stadium since Tottenham
  • Friedkin Group: experienced multi-sport ownership (AS Roma, AMC Networks, LAIKA Studios)
  • Iliman Ndiaye: genuine global-quality brand asset for commercial narrative building
  • Nagoya Grampus: first strategic Asian market partnership
  • PSR regulatory clean slate, enables commercial confidence with potential partners
  • Liverpool proximity: Merseyside is a globally recognised sports market; Everton owns the alternative narrative & is the senior club in the city
  • Strong, passionate, geographically concentrated fan base, authentic emotional brand equity
WEAKNESSES

  • Commercial revenue of £ 47M dramatically below potential, comparable clubs without this heritage generate more
  • International brand presence: negligible, almost no presence in Asia, Americas or Middle East
  • Women’s team grossly under-resourced and under-promoted relative to brand potential
  • Digital content: years behind Premier League peers, no proprietary streaming, limited behind-the-scenes content
  • Merchandise and licensing: range, quality and distribution significantly below brand potential
  • Stadium naming: Hill Dickinson, a local law firm,  is a domestically focused partner; an under-sold global asset
  • Decade of negative brand associations: PSR sanctions, near-relegation, financial distress suppressing BSI
  • Goodison Park closure risks being handled as an administrative event rather than a brand storytelling opportunity
OPPORTUNITIES

  • Hill Dickinson Stadium: the single most significant brand value accelerator available, programme it 52 weeks/year
  • New shirt deal: Friedkin Group actively seeking a brand-repositioning partner, potentially a £ 76M+ total deal
  • Goodison Park closure: commission a broadcast-quality documentary, the most powerful brand storytelling available
  • Friedkin multi-club ecosystem (AS Roma): commercial cross-selling, shared platforms, joint event programming
  • Asian market: Nagoya Grampus is the beginning, a full strategy with regional offices is achievable within 3 years
  • Americas market: Friedkin’s Texas roots offer a specific, relationship-driven route to the US fan base
  • Content docuseries: first season at Hill Dickinson, a Drive to Survive equivalent narrative,  approach Netflix/Amazon
  • Women’s Everton: investment opens entirely new sponsor categories (healthcare, beauty, tech, financial services)
THREATS

  • Debt of £ 480M requires revenue delivery failure to fill commercial partner pipeline creates pressure
  • Ndiaye retention: losing the primary brand asset in the first summer at the new stadium is a significant setback
  • Gambling advertising ban: shirt front vacancy disrupts short-term commercial income during a critical transition period
  • Premier League competitive environment: financial gap between Everton and top six widening, Premier League status is non-negotiable foundation
  • Friedkin financial over-extension: managing Everton and AS Roma with significant debt at both creates capital allocation risk
  • Liverpool brand shadow: 3x the brand value in the same city will dominate any joint Merseyside narrative without a powerful Everton counter-narrative
  • Post-Goodison emotional capital: if not managed actively, Goodison Park nostalgia could become a backward-looking brand anchor rather than a springboard

 

Brand value growth, Everton 2026-2031

The following recommendations are ordered by impact potential and actionability. Together, they represent a plausible pathway to doubling Everton’s brand value from £ 240M to £ 480M within five years, without requiring a single additional trophy. The evidence base for each recommendation is drawn from comparable brand transformations in football and other global sports.

Priority Initiative Strategic Rationale Estimated Impact
P1 Shirt Sponsorship Repositioning Target a global brand partner whose identity elevates Everton’s, technology, automotive, premium consumer or financial services. The Friedkin Group’s explicit stated goal is brand repositioning, not maximum income. The right partner signals a specific type of club to a specific global audience. £ 20-35M brand value uplift. Direct revenue increase of £ 5-12M/season.
P1 The Goodison Project Documentary Commission a broadcast-quality documentary: The Last Game at Goodison. Approach Amazon Prime, Netflix and Disney+ simultaneously. Production investment £ 2-3M. Arsenal’s All or Nothing measurably increased commercial inquiries for 6 months post-release. Liverpool’s This Means More platform is the directional benchmark. The Goodison story is uniquely powerful, 133 years of professional football at a single Victorian ground. £ 15-25M brand value uplift. 5-10M new international audience members.
P1 Hill Dickinson Stadium Entertainment Programming Target 25-30 non-football events per year: concerts, boxing, rugby, esports, corporate. Tottenham’s model generates £ 40M+ annually from non-football use of their stadium. The Bramley-Moore Dock waterfront location and 52,288 capacity make this entirely achievable. Stadium naming rights should be reviewed at first contractual opportunity, global naming partner at £ 8-12M/year would transform commercial positioning. £ 25-40M additional annual non-matchday revenue. Stadium naming uplift: £ 8-12M/year.
P2 Digital Content Strategy Everton Docuseries Settling into Hill Dickinson, new ownership, developing squad is the perfect narrative. Commission actively; do not wait for broadcasters to approach. The Formula 1 Drive to Survive model (30% sponsorship revenue increase) is directly transferable. Produce a 6-8 episode behind-the-scenes series at broadcast quality. Distribute internationally. £ 10-20M brand uplift. Measurable increase in commercial partner premium from international exposure.
P2 Asian Market Strategy Build on Nagoya Grampus Dedicated regional staff in Tokyo and Seoul. Localised social accounts in Japanese and Korean. Annual pre-season presence in Japan or South Korea. Commercial partner activation in those markets. Everton’s historic standing with no negative Asian associations is a genuine competitive advantage. Japan has 2M+ Premier League followers; South Korea has 3M+. £ 8-15M in new commercial revenues over 5 years.
P2 Everton Women — Invest for Brand Investment of £ 5-8M in Everton Women infrastructure and commercial team opens sponsor categories unavailable to the men’s team. The WSL is among the world’s fastest-growing sports properties. Dual-brand model (one Everton) creates sponsor stacking — partners activate across both platforms simultaneously. Women’s football audience skews younger and more international than men’s, invaluable for long-term brand development. £ 6-10M in new sponsorship categories. Access to 4-6 entirely new commercial partner verticals.
P3 Americas Strategy  Activate the Friedkin Texas Connection Friedkin’s Texas business network and relationships are a unique competitive advantage for Everton. Texas has 2M+ Premier League football fans. A dedicated US office in Dallas or Houston, pre-season fixtures at AT&T Stadium, and US-market commercial partnerships are all achievable within 5 years. Position Everton as the Premier League club of Texas. £ 10-15M in commercial revenues over 5 years.
P3 Fan Data Platform, The Everton App A proprietary fan platform integrated with matchday at Hill Dickinson: seat upgrades, food ordering, AR features, loyalty rewards, behind-the-scenes content. NBA/NFL apps deliver 37% increase in engagement time and directly increased sponsor premiums. Fan data from 52,888 seats, properly captured and segmented, directly drives personalisation and commercial value. Invest with a technology partner. £ 5-10M in sponsor premium over 3-5 years.

  The case for £ 480M brand value by 2031

If Everton executes the recommendations above (or similar), independent of any improvement in league position, the following incremental brand value drivers would be in play: new global shirt sponsor (+£ 20-35M uplift); stadium non-football revenues (+£ 25-40M/year); Asian market commercial partnerships (+£ 8-15M/year); documentary and content strategy (+£ 10-20M); women’s football sponsorship (+£ 6-10M); Americas market development (+£ 10-15M over 5 years).

Each of these drivers would be reflected in higher revenues flowing through the Royalty Relief valuation model, and each would push the BSI score upward in the stakeholder equity and business performance dimensions. A BSI improvement from approximately 68 to approximately 78, achievable in five years with a funded brand programme, combined with revenue growth to £ 280-300M/year, would produce a brand value of £ 450-500M.

Manchester City’s 11% brand value decline in 2025 demonstrates that brand value is volatile and can fall as quickly as it rises. The reverse is equally true: deliberate, well-funded brand investment produces measurable value within 3-5 years. The hill Dickinson Stadium is the catalyst. The Goodison closure is the narrative. The Friedkin Group is the resource. The opportunity is exceptional.

“Brand is no longer a byproduct of performance but is now a defining driver of success. As the sport becomes increasingly competitive both on the pitch and commercially, clubs and leagues must manage their brands strategically to ensure they are not edged out of realising the benefits of a strong and valuable brand.”

— Hugo Hensley, Head of Sports Services, Brand Finance — August 2025

The evidence from 20 years of Brand Finance football data, and from parallel sports brand transformations in the NFL, NBA, Formula 1, and the All Blacks, supports four overriding strategic conclusions for any Premier League club board:

  • Brand value and performance are correlated but not colinear. Manchester United maintains a BSI score of 93.2, the highest of any Premier League club, during its worst sustained on-pitch period in 30 years. A club with strong underlying brand equity is resilient to on-pitch adversity in a way that a club with weak brand equity is not.
  • The stadium is the brand’s most powerful physical expression. Real Madrid’s Bernabeu, Tottenham’s stadium, and Golden State’s Chase Center all demonstrate that a well-designed, multi-purpose venue generates brand value returns that exceed returns from any alternative commercial investment over a 10-20 year horizon.
  • Content is the most cost-effective brand investment available. The Formula 1 Drive to Survive story, 30% sponsorship revenue growth from a streaming series, has no direct equivalent in football yet, but the structural conditions for it to work are identical. Every Premier League club has a compelling story. Almost none is being told at broadcast quality to a global audience.
  • For Everton specifically, the convergence of new ownership, a new stadium, a regulatory clean slate and a genuinely exciting first-team product creates a brand inflection point of the kind that occurs once in a generation. The difference between realising that opportunity and squandering it is not luck, it is deliberate, funded, strategically coherent brand investment. The roadmap above is a starting point. The ambition should be to double Everton’s brand value to £ 480M by 2031, without winning a trophy. It is achievable. It requires conviction.

 

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