Imagine being offered a business that has the following characteristics: Is particularly sensitive to the timing of the transaction Has lost money six out of the last seven years Is cashflow […]
Buying and valuing a football club, Everton FC
I give them whatever I have
Yes, it really is the seventh summer transfer window of Farhad Moshiri’s tenure at Everton. Whether he remains to see an eighth is, of course, subject to much speculation as briefings and […]
Everton’s financial position entering the summer
Over the years I have tried to project what the club’s spending might be over the summer considering Profitability & Sustainability rules plus the cash that is available to Everton (generated by […]
Bramley-Moore, financing options and costs?
In Greek mythology, Tantalus, son of Zeus, once stole ambrosia and nectar from the gods in Olympus to allow his people to benefit from the supposed gift of immortality and to have […]
A deeper delve into Everton’s 2020/21 accounts, new £100 million shareholder loan plus the Covid impact
Once the headlines are out of the way and the carefully prepared media statements are published, a more balanced view of the accounts is called for (in my opinion) plus within the […]
Everton Report & Accounts for year ending June 2021 – wholly dependent on Moshiri’s financial support
First things first, delaying the publication of reports signed off on 29th October 2021 for a full five months is totally unacceptable from a transparency and accountability perspective. I am aware the […]
Everton, USM, Moshiri and Bramley-Moore
Originally written in early March, I have update this article to reflect the current situation in mid June 2022. All updates in bold & italics Such is the global response to the […]
Profitability and Sustainability rules, Everton’s position
Commonly, but incorrectly, referred to as “FFP” profitability and sustainability rules are the regulations that restrict the magnitude of adjusted losses for Premier League clubs. Before reflecting on Everton’s position, a brief […]
The hard work starts now
For as long as I’ve been writing about football finances I’ve tried to show that funds for players can only come from limited sources. Simply, if you want to buy and pay […]
Chiliz, Socios…….
In recent weeks Arsenal, Everton, Manchester City and Leeds United have partnered with a company called Chiliz, who describe themselves as the leading global blockchain providers for the sports and entertainment industry. The […]
Premier League Profitability & Sustainability rules, what it means to Everton
Rules E.45 through to E.52 of the Premier League Handbook control the degree to which football clubs can operate at a loss. Commonly referred to as FFP their correct title is profitability […]
Everton make internal board appointments
Everton Football Club have announced two further internal promotions to the main board of directors, with the appointment as directors of Sarvar Ismailov and Grant Ingles. This brings the board up to […]
Summer spending?
With yet another “big summer” looming for Everton and claims that Moshiri will fund player acquisitions drawn up by Ancelotti and Brands by perhaps as much as £100 million, knowing what our […]
Profit and Sustainability, the rules & Everton’s position
In answering a question regarding summer transfer activity, Carlo Ancelotti spoke at a media briefing on Wednesday 12 May regarding Everton’s finances in the context of the Premier League profitability and sustainability […]
Some thoughts on the Super League – impact on Everton
All the past certainties – participation in the world’s wealthiest domestic football competition, tv rights payments, sponsorship deals, all the potential for the future (new stadium, prospect of European football etc) are […]
The drivers behind Forbes’ football club valuations
Every two years, Forbes – the US business magazine, produces a list of the top 20 most valuable football clubs. Alongside the valuation there is a limited analysis of the overall trend […]
A change of Financial Fair Play regulations? Good or bad news for Everton??
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 – […]
Five years of Farhad
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 […]