Andrea Traverso is Uefa’s director of research and financial stability and as such is charged with regulating the current and post Covid-19 financing of football clubs participating in Uefa licenced competitions – the Champions League and the Europa League plus… Read More ›
Five years ago to the day, news began to filter out that a relatively unknown businessman, Farhad Moshiri, had purchased a 49.9% stake in Everton Football Club, acquiring all of Robert Earl’s holdings and a significant part of Bill Kenwright’s,… Read More ›
As advised previously, the Board of Directors of Everton Football Club Company Limited have released details to shareholders regarding the capital restructuring of Everton Football Club. Subject to approval by shareholders the board will be authorised as follows: (Approval is… Read More ›
The short, medium and long term future of Everton Football Club will be much clearer on and off the pitch in the coming weeks. European qualification On the pitch we remain in with a very good shout regarding European football… Read More ›
Financial accounts before Christmas, numerous games over the holiday period, the FA Cup 3rd round and the Annual General Meeting of shareholders of Everton Football Club Company limited. December and January represent a busy time for Evertonians. The significance of… Read More ›
The January transfer window is open and as usual there will be thousands of column inches and podcast minutes devoted to speculation about players arriving or departing Finch Farm. Twelve months into his tenure as manager at Everton, Ancelotti has… Read More ›
Al look at Everton’s cash flow, how we have financed our losses & player investment plus the potential share placement – what it means for the club, shareholders and Moshiri
There are two headlines from today’s release of the report and accounts to June 30 2020. One is a record loss of £139.9 million of which the club attribute £67.3 million directly to the impact of Covid-19. However, that fails… Read More ›
Although the Big Picture has been rejected, central themes of it are here to stay. Everton,more than at any time in the past have to prepare for the massive changesahead
Against a backdrop of huge financial uncertainty, the transfer window has again thrilled and disappointed supporters in equal measure across the land. Perhaps, never before have the ambitions and the ability or willingness of club owners to pay for those… Read More ›
Football Shorts is a series looking at the financial implications of Covid-19 on Premier League clubs. From a normal business perspective you would look for Premier League clubs to cut costs following a significant reduction in income. However, given… Read More ›
With the news we have agreed terms with Napoli over Allan, I thought it may be of interest to cover how we fund transfers and account for them. The need to improve our squad, particularly in midfield is obvious to… Read More ›
From a pure footballing perspective, the need for Everton to be active in this transfer window has never been more apparent. We finish the 2019/20 season with a desperately unbalanced, uncompetitive squad devoid of direction, leadership and the numerous qualities… Read More ›
The words of Farhad Moshiri, in the programme notes of 12 March 2016, just two weeks after his £87.5 million share purchase giving him a 49.9% shareholding and effective control of the club. What a start, (what a manager!) 2-0… Read More ›
Michael Dell set up the Dell Computer Corporation the day after Everton featured in a 4th round FA Cup replay at Prestfield Stadium, drawing 0-0 on a bitterly cold night in the winter of 1984. I mention him because he… Read More ›
Football Shorts is an analytical series (part I here examining Premier League finances in the light, not only of the short term implications of lockdown and suspension of professional football, but the wider long term implications of a severe global recession… Read More ›
In finance, short selling or “being short” of a stock, a bond or a currency means that the investor has a negative view on the future price of the asset and positions him/herself to make a profit from any future… Read More ›
It is not business as usual. The cost base of the club has to be addressed. That is inevitable. It’s inevitable from a regulatory point of view (even if there’s a temporary relaxation to reflect the extraordinary circumstances currently) but more importantly for the club’s future solvency.