Ownership and Finance
Everton F.C. is a limited company with the board of directors holding a majority the shares. The club owes £44.8 million to banks, excluding loan interest and early repayment penalties, with total liabilities of £95 million. Their most recent turnover was £79 million; the second highest in the club's history. The club's overdraft with Barclays Bank is secured against the Premier League's "Basic Award Fund", a guaranteed sum given to clubs for competing in the Premier League. Everton agreed a long-term loan of £30 million with Bear Stearns and Prudential plc in 2002 over the duration of 25 years; a consolidation of debts at the time as well as a source of capital for new player acquisitions. Goodison Park is secured as collateral.
| Position | Name | Amount of Shares owned (percentage of total) |
Notes |
|---|---|---|---|
| Chairman | Bill Kenwright CBE | 8,754 (25%) | Elected to board October 1989. |
| Deputy Chairman | Jon Woods | 6,622 (19%) | Elected to board March 2000. |
| Director | Robert Earl | 8,146 (23%) | Elected to board July 2007. |
| Life President & Director | Sir Philip Carter CBE | 714 (2%) | Chairman August 1978–1991, November 1998 – June 2004. Re-elected to board August 2008 |
| Total amount of club owned by board members | 24,236 (69%) | ||
| Chief Executive Officer | Robert Elstone | - | Appointed in January 2009 following his role of Acting C.E.O. |
Figures up to date as of 2009–2010 accounts.
In 2004, Everton sold young England striker Wayne Rooney to balance the books. Three years earlier Francis Jeffers and Michael Ball had to be sold after the club spent expected income on player acquisitions that never arrived.
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