Category: Analysis Series

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 […]

Final analysis of the financial reconstruction and stewardship transition of Everton Football Club and Everton Stadium Development Limited for the 2024/25 Fiscal Period

With the publication of the Everton Stadium Development Company Accounts 2024/25, it is possible to complete the analysis of the fiscal year ending 30 June 2025. Everton Stadium Development Company Accounts 202425 […]

The Analysis Series: The extra-ordinary £700 million loss by Chelsea’s parent company

 Analysis of the financial performance and capital structure of 22 Holdco Limited: 2024-25 fiscal review 22 Holdco 2024/25 accounts The consolidated financial statements of 22 Holdco Limited for the fiscal year ended […]

The Analysis Series: Financial and structural analysis of Chelsea Football Club Limited: 2024/25 Annual Report and recapitalisation

  Chelsea fc accounts 2024/25 The financial performance and structural evolution of Chelsea Football Club Limited during the fiscal year ending 30 June 2025 is an unprecedented and extreme case study of […]

Structural fragility and regulatory arbitrage in US reinsurance and private credit – its relevance to football

When the possibility of 777 Partners’ acquisition of Everton was first mooted, the subsequent investigations, here, and continuing with Josimar and the likes of Paul Brown, opened up a world in which […]

Shifting tides of private capital: Analysis of the US Private Credit market and its influence on Global Sports 

The global financial system is currently navigating a period of (at best) structural realignment, following the meteoric rise of private credit as a primary source of corporate and specialised finance.  Historically a […]

Analysis of the 2025 CAS Football Annual Report and the statutory transformation of English football governance

  The global football system in 2025 and early 2026 is undergoing a significant structural change, shifting from a century-long tradition of private, autonomous self-regulation toward a hybrid model of statutory oversight […]

Matthew Benham: An Analysis of Matthew Benham’s statistical gambling operations and football governance

As the majority owner of Brentford Football Club and the founder of the statistical research firm Smartodds, Benham has pioneered an analytical framework that prioritises mathematical probability over traditional subjective scouting and […]