The Football Association Premier League Annual accounts 2024/25 The Premier League is not a normal trading company. It is a near-pure pass-through vehicle: a single‑purpose monopoly licensor of broadcasting and commercial rights […]
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 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 […]
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 […]
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: 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 […]
Analysis Series: Governance Structure of Association Football: Integrity, Financial Regulation, and Strategic Failure
I have written for many years about the relationship between governance and the fundamental wellbeing of an industry and its key participants, customers, owners, operators (companies) and suppliers. By almost any metric […]
The Analysis Series: A Comparative Analysis of Financial and Governance Regulation Across Major European Football Leagues
Models of Control and Regulatory Divergence This article details the operational mechanics and statutory bases of financial governance across six major European football leagues, including the Dutch Eredivisie. The analysis reveals two […]
Owners, Directors and Senior Executives (ODSE) Regime – consultation process by the Independent Football Regulator
The Independent Football Regulator is undertaking an extremely important consultation process which closes on Monday the 6th of October 2025. The consultation process is open to (among others) all football fans. If […]
The Analysis Series: The Independent Football Regulator
The Analysis Series: The Independent Football Regulator and its likely Impact on English Football The Football Governance Act 2025 which received Royal Assent on 21 July 2025, marks the end […]