Talking the Blues Podcast – Sunderland (h) FA Cup 3rd Round – the thrill has gone!

Welcome to the post Sunderland, third round FA Cup edition of Talking the Blues Podcast with George and Andy Costigan. We go through the terribly disappointing events of the day and do […]

Talking the Blues Podcast, Wolves (h)…. absurdity & carelessness reaches new levels

Welcome to the post Wolves (h) Talking the Blues podcast with Andy & George Costigan. We talk about the match but focus also on all the stuff around the game at present […]

Talking the Blues Podcast – Brentford (h), we explore the inconsistencies of this current Everton

Welcome to this week’s Talking the Blues. After another terrible result (and performance) we get together to try and make some sense of the inconsistencies befalling Everton at present. With Andy and […]

The Analysis Series: The Independent Football Regulator’s Owners, Directors & Senior Executives regime (ODSE)

The Independent Football Regulator has published its response to the their consultation on the new Owners, Directors and Senior Executives regime (ODSE). The regime sets clear standards for those who own and […]

Talking the (Jolly) Blues Podcast – Nottingham Forest (a), what a way to finish the year!

Welcome to the post Nottingham Forest (a) Talking the Blues podcast with George and Andy Costigan. Simply, unbridled joy, and now expectation! Thanks to everyone for listening through 2025 – wishing everyone […]

The Analysis Series: Analysis of dividend regulation in English professional football, rule 34, and capital distributions

Financial regulation in English professional football has evolved from a Victorian-era ethos of community custodianship to a system defined by global capital markets, private equity, and institutional shareholder supremacy. At the beginning […]

The Analysis Series: Analysis of financial regulation in European professional football

  The financial regulation of European professional football has evolved from a nascent, disparate collection of national bookkeeping rules into a more sophisticated, multi-layered architecture of economic control.  This transformation has been […]

Talking the Blues Podcast – Burnley (a), fixture list compilation, its impact, the Friedkins and the role of money

Welcome to the post Christmas, post Burnley (a) Talking the Blues Podcast with George and Andy Costigan. We skate over the Burnley match as quickly as possible for linking VAR, the fixture […]

Questions to be asked of Roundhouse Capital and the Friedkins

In the past when flagging concerns about Everton’s ownership and governance, going back to Kenwright, then Moshiri, then his choice of potential new owners, I have often been accused of drawing unnecessarily […]

The Analysis Series: Value extraction in the global sports economy: 

The evolution of asset stripping Historically viewed as community assets or the vanity projects of local benefactors, sports franchises and leagues have increasingly been reclassified as an alternative asset class within the […]

Proposed dividend payment to Everton shareholders raises questions that require answers (IMO)

Significant corporate or financial news released in and around a key holiday period, particularly Christmas, can often be viewed with some cynicism. It is, as is often stated, a good time to […]

Asset Match offer new auction for Everton shares

Asset Match, the privately owned company that offers the opportunity for investors to buy or sell private, non-listed shares has announced on its website that a new auction for shares in Everton […]

Proposed dividend payment to Everton shareholders arising from sale of EFCW

Further to the announcements made on Companies House and covered in detail here and here, the Board of Everton Football Club Company, Limited have proposed the payment of a dividend in the […]

Balance sheet tidy up details confirmed, revealing previous year’s losses & scale of Roundhouse Capital’s funding of Everton

Further to yesterday’s announcements (23 December 2025)  the details relating to the tidying of Everton’s balance sheet have now been released on Companies House. They reveal further information that would normarily only […]

Capital reduction by Friedkins to tidy up Everton’s balance sheet

Companies House is the UK government’s official registrar for companies, and is responsible for incorporating, dissolving, and maintaining the public record of limited companies and LLPs in the UK. As such it […]

Talking the Blues Podcast – post Arsenal and catch up

Welcome to the pre-Christmas Talking the Blues Podcast, in which we catch up on the two defeats to Chelsea and Arsenal, before reflecting more widely on progress. Unfortunately, I had to leave […]

The Analysis Series: The erosion of the traditional football calendar: Commercial cynicism and broadcast imperatives in the Premier League 2025–2029 cycle

  The commercial evolution of the Premier League has reached a juncture where the preservation of sporting tradition is increasingly subordinated to the exigencies of broadcast revenue and inventory management.  In my […]

The Friedkins acquisition & restructuring of Everton Football Club: Strategic, financial & operational analysis of their first year (2024/2025)

The relative stability of the club 12 months after the acquisition by the Friedkins is welcoming, and after years of near terminal decline, provided a platform from which the club can grow, […]

The Analysis Series: Broadcast rights, solidarity mechanisms, and financial redistribution in the English Football League

The structural transformation of the English football pyramid The 2024/25 football season represented the most significant restructuring of broadcast rights and financial distribution mechanisms in the modern era.  For decades, the economic […]

The Analysis Series: Systemic Risk in the European Football Economy: A comparative analysis with the 2008 banking crisis and frameworks for prudential mitigation

Summary The global financials of professional football, particularly within England and Europe, have undergone a radical transformation over the last two decades. No longer merely a collection of civic sporting institutions operating […]