EVERTON FOOTBALL CLUB COMPANY LIMITED EVERTON FOOTBALL CLUB COMPANY LIMITED 2 ANNUAL REPORT & ACCOUNTS 2014 ANNUAL REPORT & ACCOUNTS 2014 3 CONTENTS DIRECTORS AUDITOR Chairman’s Statement................................ p4-5 W Kenwright CBE Chairman Deloitte LLP Season Review ............................................. p6-57 J V Woods Deputy Chairman Chartered Accountants Financial and Commercial Review.... p58-61 R I Earl & Statutory Auditor Everton in the Community.................. p62-63 Sir P D Carter CBE Horton House Accounts ...................................................... p64-87 Exchange Flags First Team Statistics ................................ p88-91 CHIEF EXECUTIVE Liverpool L2 3PG R Elstone BANKERS DEPUTY CHIEF EXECUTIVE Barclays Bank PLC D Barrett-Baxendale MBE Liverpool North Group 337/339 Stanley Road COMPANY SECRETARY Bootle G Ingles Liverpool L20 3EB REGISTERED OFFICE REGISTRARS Goodison Park Capita IRG Liverpool L4 4EL The Registry Northern House COMPANY REGISTRATION NUMBER Woodsome Park WELCOME TO 36624 Fenay Bridge Huddersfield West Yorkshire HD8 0GA EVERTON FOOTBALLCompany CLUB Limited Annual Report and Accounts 2014 EVERTON FOOTBALL CLUB COMPANY LIMITED EVERTON FOOTBALL CLUB COMPANY LIMITED 4 ANNUAL REPORT & ACCOUNTS 2014 ANNUAL REPORT & ACCOUNTS 2014 5 It was just a shame Bryan Oviedo and were measured. Whilst it didn’t come as a appearances for us between 1956 and Arouna Kone were unable to make their surprise, of course I was delighted when 1959; Republic of Ireland international, marks on the highest stage. I hope their 97% of you described us as a ‘well run Don Donavan who played 187 games for us chance will come again. Club’ and 70% described us as a ‘listening throughout the 1950s; Wilf Dixon, who was Club’, compared to an average of 38% chief coach to Harry Catterick from 1967 to 2014/15 across our rivals. 1971; Mick Buckley, who played 135 games To say we’re looking forward to 2014/15 for us in the 1970s; and Sandy Brown, would be an understatement. I am filled One area where we never score well, veteran of over 250 games. with an excitement and optimism that I unsurprisingly, is sight lines in our stadium. know is shared by all our fans. And the Over the last few weeks you will have We also lost the greatest hero of them all, best barometer of that optimism has seen our intention to explore a new home for me, Dave Hickson, the Cannonball Kid. been season ticket sales. Going into the at Walton Hall Park. While we’re still in Dave was everything I wanted an Everton new season, an unprecedented 97% of the very early stages of investigating the centre-forward to be; brave, dominant, last year’s season ticket holders renewed. potential of this site, our aim is to work confident, aggressive and a deadly finisher. On top of that, we have over 4,000 new closely with all of our fans to ensure that, Quite simply, he was a true Blue, a true season ticket holders and over 4,500 should the opportunity progress, it does hero, a true legend, a great man. We miss junior Blues coming into Goodison for so in a way that will delight Evertonians for him. each game. generations to come. While the thought of possibly leaving our beloved Goodison Our younger fans have their own hero. The summer of 2014 saw us add further Park brings a degree of sadness for us It is wonderful to have him back and CHAIRMAN’S quality and depth to our squad. The most all, an opportunity to potentially have a I’m delighted he’s at Roberto’s side. important signing was the first one – a new new purpose built stadium right in our Duncan Ferguson belongs at Finch Farm. extended deal for Roberto. We followed heartland which also enables us to play And Duncan’s not the only great ‘Number that by securing Romelu and Gareth our part in the regeneration of our local 9’ back working at the Everton training STATEMENT as permanent signings, a key priority community is something we must pursue. ground. In a season of so many highs, after the huge impact they made last bringing Joe Royle back home to work season. Romelu became our Club record Truly, the People’s Club with our young players, to cement that signing and represented an unambiguous On the subject of making a positive enduring team spirit, brought so A very special season The deadline day of all deadline days… A Samba beat statement of our ambition. He wasn’t the impact locally, Everton in the Community much pleasure. With so many highlights and so many We’ve had many dramatic, transfer The Nation held its breath as players only international striker to choose the continues to be the envy of the Premier memories, this year’s Chairman’s deadline days but none can top August swapped royal blue jerseys for the Three Everton family in the summer. Samuel League. The 42 community programmes Finally, and most importantly, I’d like to Statement has presented me with only one 2013. Within the space of only a couple of Lions and as England fans looked forward Eto’o, one of the most decorated and it operates, day-in, day-out, are delivered finish by thanking you, the Evertonian, challenge - deciding what to leave out… hours, the solid base Roberto had inherited to seeing Ross compete on the highest, celebrated players in world football, also by the most talented and motivated team for making last season so memorable. was transformed. Whilst I often have to international stage, I again reflected on ‘backed the Blues’. you could ever meet. I cannot thank them Year-in and year-out, home and away, It was a special season that blended the remind myself that our Manager has only the outstanding contribution made by our enough nor can I find the pages and at home and abroad, your support, your optimism of youth, a much talked-about, been with us a year, such is the difference Academy to our Club. It’s the best there Of course, young blood is as vital as pages of space to do them justice. dedication and your passion humbles me. bold new style, individual brilliance and an he has made in a relatively short period is and it’s made even better, and more new blood and I was just as excited to You have to read Everton in the You make this Club so special. You too are enduring team spirit that runs through of time, the same is true of Gareth Barry relevant, by the way in which Roberto secure the long-term commitment of Community’s Annual Report. This team Goodison Greats. every Everton squad. It was a season that, and James McCarthy, two names that empowers our young talent; a philosophy John Stones, Ross Barkley and Seamus really is what the People’s Club is all quite simply, I didn’t want to end. joined us that day and two players who that quite remarkably, but absolutely Coleman. It tells me that these world-class about. There couldn’t be a more deserving Thank you for your support. are already on their way into Goodison deservingly, saw John Stones almost young players share our ambition, that recipient of an MBE than Denise Barrett- Bill Kenwright Last season’s campaign brought a Club folklore. And then of course, also on that join Ross on the plane to Brazil. In those they are as excited as we are about our Baxendale who was recognised for her record Premier League points haul - a total same day, Romelu arrived. His goal against circumstances, we’d have been responsible Manager and that they are proud to services to the Community this year. that, in almost any other year, would have Arsenal, his leap into Roberto’s arms, and for 75% of the England back four, with be Evertonians. I salute all my colleagues in Everton in sealed the Champions’ League football the out-pouring of joy that triggered inside Jags and Leighton as mainstays in the the Community. Roberto had so boldly cited as his ambition Goodison Park that day, was one of my National team’s defence. With Europa League football heading our for the Club on his first day at the helm. lasting memories of a great season. way we needed this additional depth to the Goodison Greats From that very first day, Roberto immersed Of course, it wasn’t just about Roy squad and we can now look forward with As I look forward to the coming season, himself in our history and grasped what There was so much to celebrate on the Hodgson’s boys. Our brilliant Belgians confidence to facing some of the finest we should also take a moment to look makes our Club so special. Taking an pitch in 2013/14; Bryan Oviedo’s goal at - Romelu and Kevin - are part of one of teams from across the continent – both at back. Over the last year, some great already strong team, improving it and Old Trafford, Steven Naismith’s winner the most exciting international teams in Goodison Park and as part of some hugely servants to our Club have moved on. I’d doing it quickly and seamlessly is never against Chelsea, Ross Barkley’s wonder world football. And then there was Tim, exciting European away trips. like to wish all the players and staff who easy in the modern game but Roberto goal against Newcastle (and Norwich City the ultimate professional and long-time have left us the very best of luck in the succeeded. He nurtured and inspired and Swansea City and Manchester City!) Everton hero, now all-American hero, Never standing still next stage of their careers, and if I may, a team admired by the commentators, and, any number of Seamus Coleman now on first name terms with the most We are moving forward on so many fronts single out Alan Irvine who has made such feared by our rivals and fully deserving of thunderbolts! Our Sligo man had a powerful man on the planet.