Everton's valuation drops by over £100m new analysis suggests

Everton's valuation has dropped by over £100m, according to research published this morning.

The Blues are valued at £257m, based on club accounts covering the 2018-19 season, which puts them 14th in the Premier League.

In analysis conducted by Kieran Maguire at Liverpool University, Everton were worth £363m last year but heavy investment in players and wages, together with another season finishing outside of the European qualification places, means their value has dropped significantly.

Maguire's analysis uses modelling which takes into account some of the main financial drivers at football clubs - revenue, profit, non-recurring costs, average profit on players sales over a three year period, net assets, wage control and proportion of seats sold.

Spurs are considered the most valuable club in the Premier League, worth £2.5bn, with Manchester City and Manchester United the next two teams on the list.

Liverpool are valued at £1.5bn.

The figures presented in the analysis do not take into account the impact the coronavirus crisis will have on clubs and the wider game.

Revenue streams are set to take a hit, games could be played behind closed doors and the money exchanged in the transfer window will reduce significantly.

Maguire said: “Club values will take a considerable hit. There are fewer potential buyers in the market and greater uncertainty in terms of clubs' ability to generate income.

“We have seen the share prices of clubs with shares quoted on the stock exchanges, such as Manchester United and Juventus, fall by 20-30% since the start of the year.

“This is likely to be greater for smaller clubs who don't have the marketing and reputational might of the well-known brands.”