Usmanov sells Arsenal shares to Kroenke

In an unexpected move Alisher Usmanov has agreed to sell Red & White Securities  30.04% stake in Arsenal to his arch rival Stan Kroenke. The deal was announced by the Nex Stock Exchange at 7am this morning. https://www.nexexchange.com/announcements?newsid=4098237 As a result of this transaction, Usmanov is no longer restricted in buying shares or acquiring an […]

Risk comes from not knowing what you’re doing.

One of the world’s greatest investors, Warren Buffett was once asked to define risk. There are a multitude of definitions, strategies and papers written on the subject, every Business School in the world including Harvard, devotes huge amounts of time and intellectual capital into defining, identifying and more often than not, negating risk. Buffett’s answer […]

Time for boldness

Whilst attention understandably has switched to the final games of the most disappointing season imaginable and particularly the leaving date of the soon to be departed Allardyce and CEO Robert Elstone, it’s probable matters are coming to a head in the boardroom regarding the final budgets, design and capacity of Bramley -Moore. It’s a well-worn […]

The Bramley-Moore capacity debate

The great Bramley-Moore capacity debate rumbles on with seemingly contradictory comments in recent weeks, vacillating from greater ambition as stated at the beginning of the year to a more cautious approach last week “future-proofing” not growth. This was topped yesterday by the club’s official statement regarding 99% of respondents wished to have a stadium with […]

The Business case for a smaller capacity?

On 16th March, Robert Elstone attended the Downtown in Liverpool business breakfast, “The Everton Stadium and associated regeneration”. During the course of his comments he discussed the business case for capacity, executive/premium seating and the overall costs of the project. His view was that the business model was “tight”. The context being how much incremental […]

Unnecessary caution at business breakfast meeting on Bramley-Moore

This morning saw the greatly anticipated business meeting “Everton Football Stadium and Associated Regeneration” hosted by “Downtown in Business” featuring Everton’s current CEO, Robert Elstone and Liverpool City Council Mayor, Joe Anderson.   The meeting was split into two parts, Robert Elstone speaking first followed by Joe Anderson. I don’t intend going through the meeting […]

Knowing your customer/fan – moving out of the dark ages

Football’s approach to “knowing your customer” lives in the dark ages. Generally, most clubs have no basis for optimising revenues from across their customer and fan base. I’ll argue some clubs, Everton included, could be accused of not knowing their product either. Football is almost unique in business in that each club is almost entirely […]

The role of a Sporting Director and why Everton need one.

Let’s start with the need first. It’s my belief that a sporting director is needed for many reasons, not only at Everton but among all clubs with the ambition to succeed. It’s needed at corporate and shareholder level, and most importantly needed for sporting performance reasons.   Too big a role? With the size of […]

All Change! after two years, big changes anticipated ahead

There’s a lot of change coming at Everton It’s almost two years since Farhad Moshiri acquired 49.9% of Everton Football Club, to be precise February 27th will mark the two year anniversary. What an interesting two years it has been! It’s been far from plain sailing on the pitch despite the record levels of transfer […]