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 ›
Everton finances
Football Shorts Part II
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… Read More ›
Football Shorts (part 1)
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 ›
Business as usual?
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.
Staring into the abyss?
The Bull market has ended. It always does. The tragic events of the Covid-19 pandemic have brought a closure to more than a quarter of a century of unbroken growth in Premier League revenues, inflated values and even greater inflation… Read More ›
Mounting financial uncertainties
It’s been said before and will continue to be said, that for most there are far more pressing concerns, be it their own health, the well-being of loved ones and friends, their own finances and if in the health and… Read More ›
Unchartered territory
How things can change and change quickly. A few weeks ago we were contemplating a strong finish to the season and the prospects of European football…. Clearly there are far more important matters than football at present, however such is… Read More ›
A look at UEFA’s FFP, what it means for Everton & how we solve our problems
For some time there has been a recognition that Everton have had to consider carefully the Premier League Profit & Sustainability rules (usually incorrectly referred to as FFP), particularly the maximum permitted losses of £105 million over a rolling three… Read More ›
Bramley-Moore Stadium finance & interesting stuff re other clubs’ financing
At the last General Meeting, Everton’s finance director, Sasha Ryazantsev outlined how the stadium at Bramley-Moore is likely to be financed. (Please stick with this article as apart from some knowledge stuff at the beginning there’s a couple of interesting… Read More ›
Why having a DoF, sitting on the Everton board, has never been so important as now
At the last General Meeting of Everton shareholders at the beginning of January, Professor Tom Cannon objected to the inclusion of Marcel Brands on the Everton Board, claiming it was “inappropriate for the Director of Football to be on the… Read More ›
Record losses for 2018/19 but future pathway clearer with USM naming rights option
As widely forecast, Everton have published record losses for the extended financial year 2018/19. However the news of a £30 million right of first refusal for naming rights provided by USM will grab the headlines. In addition Sasha Ryazantsev was… Read More ›
Questions for & background to the 2020 Everton General Meeting
Early January, and as has been the case for a number of years since the re-installment of General Meetings, several hundred Everton shareholders will make their way to the Royal Philharmonic Hall on Hope Street (appropriately enough). On the face… Read More ›
January (or June) Sales?
“Clear the deadwood” A charge that’s been made by many members of the press and even more Evertonians since Marcel Brands arrived from PSV Eindhoven in May 2018. It is the apparently obvious route to reducing Everton’s bloated, expensive and… Read More ›
How will Ancelotti take us forward? Profit & sustainability explained – what it means for transfer budgets
The arrival of Carlo Ancelotti at Everton has been accompanied by almost universal speculation that he has been provided with guarantees of a big transfer pot in which to shape his future squad. As far as is possible, without getting… Read More ›
Critical times
As I write this, it is already the second week in November and a time that was supposed to offer so much has without doubt, significant questions requiring answers in the near term. Fortunately, within the space of two months,… Read More ›
Everton & Fanatics
In the most recent Everton Business Matters podcast, John and I had a reasonably heated discussion over outsourcing particularly in relation to our merchandising capabilities and our ability to grow our retailing presence. That, and with the details coming out… Read More ›
Thoughts on Bramley-Moore & the current financial conditions at Everton
Football has become a game of absolutes – almost everything related to football is either appallingly bad or amazingly good. Depending on which team you support, the result, how we played, who the opposition are, the performance of the referee,… Read More ›
The more things change, the more they stay the same…..
Much has been spoken about Everton’s approach to this transfer window, the first full summer window for which Brands & Silva will have had the opportunity to plan well in advance. Whatever plans they have must be put into the… Read More ›