Tottenham-Hotspur-limited-full year 2024/25 Accounts The financial reporting period ending 30 June 2025 shows a critical inflection point in the modern history of Tottenham Hotspur. It is a period characterised by the starkest […]
The Analysis Series: Financial and systemic analysis of Manchester United plc (2024/25):
Manchester United Financial Results (2024/25) The financial architecture of elite global sports franchises has undergone a profound change over the past two decades. No longer operating as localised civic institutions governed by […]
The Analysis Series: Financial architecture of 22 Holdco Limited: Analysis of Ares Management’s credit exposure, warrants, and embedded derivative structures within the Blueco consortium
For anyone wanting an understanding of how Chelsea are funded and how Ares operate this is a must read: Summary and macro-financial context The global sports finance landscape has undergone a profound […]
The Analysis Series: Liverpool Football Club and Athletic Grounds Limited: Re-capitalisation, Operational Resilience, and Systemic Risk Assessment (Fiscal Year 2025)
Liverpool FC Financial Accounts 2024/25 The financial statements of The Liverpool Football Club and Athletic Grounds Limited for the period ending 31 May 2025 show a Premier League institution transitioning from an […]
The Analysis Series: Aston Villa – Analysis of NSWE Sports Limited: Capital management, subsidiary disposals, and a path to fiscal sustainability? (2024/25)
NSWE Sports Capital Accounts 2024/25 The financial performance of NSWE Sports Limited for the fiscal year ending 30 June 2025 is a further study in the intersection of elite sporting ambition and […]
The Analysis Series: Financial analysis of Manchester City Football Club: Fiscal Year 2024-25 and Post-Balance Sheet developments through April 2026
Manchester City Annual-Report-2024-25 The 2024-25 financial year represents a transformative year for Manchester City Football Club (MCFC). For the first time in nearly a decade, the club encountered a convergence of on-pitch […]
The Analysis Series: Analysis of the Chelsea FC sanction agreement and the rise of statutory oversight
The ratification of the Sanction Agreement between the Premier League and Chelsea Football Club in March 2026 presents the most complete, extensive forensic investigation into club finances to date, since the inception […]
The Analysis Series: The new “squad cost ratio” rules for the Premier League
The Premier League is undergoing a fundamental financial regulatory change, the impact of which will require considerable thought in the coming months. Who will the net winners be? What impact do […]
The Analysis Series: Audit of gambling’s commercial dominance in English professional football
An overview of the 2025/26 season English football in the 2025/26 season stands at a crossroads in terms of its relationship with the gambling industry. As the final campaign before the Premier […]
BDO’s 20th Annual Survey of Football Finance Directors (January 2026)
This article provides a synopsis and analysis of BDO’s 20th Annual Survey of Football Finance Directors (January 2026), which examines the financial realities of professional football across the English Premier League (EPL), […]