Interesting :
http://www.liverpoolecho.co.uk/sport/football/football-news/everton-fc-new-stadium-would-9907328
Everton are a “sleeping giant” for whom a new stadium would put them “back in the big time”.
That’s the conclusion of a new report on football finance from Dr Tom Markham, a lecturer and expert in financial profiling in football who has advised buyers and sellers of football clubs on valuation.
Dr Markham describes his report as an update on one he did two years ago and not unexpectedly sees the majority of Premier League clubs see significant increases in their value on the back of bumper new TV deals.
In an article explaining his findings on the Sporting Intelligence site, Dr Markham said it focused on a “fixed set of financial criteria” to establish the market value of clubs, looking at what they earn and what they spend and their assets, to come up with a “rational” value.
He said the “real” prices of English clubs over many years “closely mirror” the figures his formula produces.
Manchester United are regarded the most valuable club in England at £1.8bn.
The Markham report places Arsenal as the only other Premier League club to come in worth more than £1bn (at £1.1bn) with Manchester City next at £907m, and Chelsea at £826m.
Surprisingly Tottenham’s value is rated at £710m, well ahead of Liverpool’s £537m with Everton ranked down in ninth at £216m.
Speaking to fans about the issue on social media, Dr Markham said Spurs’ position ahead of the Reds was “primarily due to land value, consistent profitability and lack of debt. LFC will rise on stadium completion.”
In terms of growth, United’s is impressive at 74% in the last two years but still can’t keep pace with Manchester City with an astonishing 126%. Chelsea and Spurs’ value has risen by 60% and Liverpool’s by more than 50%.
The team with the best performance though is Southampton, whose market valuation has jumped 350% to £259m now from £57.5m two years ago. Newcastle are the only club dropping in value, down by 20% to £221m under Mike Ashley.
How Everton are summarised in Dr Markham’s report
“A sleeping giant with a strong squad with good residual value in the transfer market. Very profitable in 2014 (£28m) but still have the underlying issue of a new stadium which would cost a minimum of £250m. With this, Everton would be back in the big time and potentially knocking on the door of CL qualification.”
