Category: Everton Finances

Cash flow, Moshiri’s capital injections & the potential placement of new shares

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

Record losses, partly attributed to Covid, Moshiri’s funding plans & stadium finance update

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 […]

Big Picture proposals put the emphasis on Everton’s international development

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

The 2020 Summer transfer window from a financial perspective

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 […]

Football Shorts (part V) – the reality of reducing income and fixed costs

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 […]

How do we fund squad improvements this summer?

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 […]

The financing & accounting of transfers & how we operate in this window

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 […]

Farhad Moshiri – the solution or part of the problem?

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 […]

Football Shorts (part III) – Cash Flow

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]