So how does a City Council suffering from acute spending cuts borrow £280 million? Since 2004, major local authorities have been able to borrow (mainly for capital projects) without government consent, […]
Update on Bramley Moore financing following Annual General meeting
This article focuses on the Bramley Moore stadium and the details provided regarding the proposed funding arrangements. I suppose the first thing to say is that it is clear that there are […]
The boards of the ‘big 6’ and the challenge for Everton
Arguably Premier League football is a heavily subsidised business. Subsidised by the riches of broadcasting rights which have grown exponentially over the last 25 years ago. Participation in the Premier League has […]
Analysis of Everton Annual Report & Accounts to 31st May 2017
With rather odd timing, Everton published their 2016/17 Annual Report & Accounts on the weekend immediately before Christmas resulting in almost no press comment. I do hope that the Annual General Meeting […]
Everton FC announce 2016/17 financial results
In the first full financial year since Farhad Moshiri’s acquisition of 49.9% of Everton Football Club, the club has published the financial results for the financial year to 31st May 2017. This […]
The changes in Everton’s finances & a comparison with other PL clubs
The repair of the balance sheet was wholly necessary, and as Moshiri said at the last AGM “We needed a strong balance sheet, so I paid off the debts. We are now very flexible financially”.
Bramley Moore -update on costs, and a look at ticket prices
I’ve done this a couple of times, the first going all the way back to May 2016, but with the prospects of news about the stadium at Bramley Moore, it’s interesting to […]
Paradise Lost? – the Panorama story
Paradise Lost? This evening the BBC investigative programme “Panorama” ran the first of two episodes looking at offshore finance, in particular the so-called “Paradise Papers”. The programme spends a considerable amount of […]
Wanted: Leadership and Communication
There’s been much talk about Everton since Moshiri acquired his 49.9% stake in February 2016, yet communications from Everton have been inconsistent and incomplete, especially in recent times. The question must be […]
The enormity of the next Everton manager appointment.
Far from reducing the tension around Finch Farm, or the executive offices at Goodison Park, plus of course, offices in London and Monaco, the decision to fire Ronald Koeman less than half […]
My latest thoughts on Usmanov, Arsenal and Everton
On 29th September Arseblog ran a story claiming that Kroenke (the 67% shareholder of Arsenal) had made a bid to acquire Usmanov’s 30.04%. Given I’ve consistently held the view that Usmanov will […]
Is a lack of communication causing a crisis of confidence ?
We’re 19 months into the Moshiri era. In that time, we’ve seen him buy 49.9% of the club’s shares, have an option to buy another 23-24%, he’s repaired the balance sheet, […]
Everton, the board and shareholders
I suppose this could have been written at any time over the last 20 years, but I’d like to examine the relationship between the club, the board and shareholders. The reason for […]
Analysis of Everton’s £60m, 3 year facility with ICBC – updated 7th July to include charge information
This evening the Liverpool Echo broke news that Everton under the direction no doubt of Moshiri and Ryazanstev, have negotiated a £60 million credit facility for three years with ICBC Bank. ICBC […]
Usmanov bid does not make move to Everton more likely, in fact the reverse
There seems to be as much interest in Alisha Usmanov and his activities by Everton fans as there are by Arsenal fans these days. Perhaps given the link between Moshiri and Usmanov, […]
New investment in Everton by Chinese investors or sponsors?
Speculation has arisen that Everton will award naming rights to our new stadium on Bramley Moore Dock to a “a wealthy Chinese consortium”. I’m highly sceptical that such a deal could be put in […]
The financial value of Everton – a huge leap forward in coming years
There was a time when the value of a football club had nothing to do with the ordinary fan, finance was a matter strictly for the board and shareholders to be concerned […]
Immediate thoughts on the Moshiri acquisition
This article first appeared on Grandoldteam on 27th February 2016. Firstly, not all the details are yet apparent, but let’s not disguise the fact that this is the best day for Evertonians since […]