Fair Game's Sustainability Index rates Liverpool as the most sustainably run Premier League club.

Liverpool are the most sustainably run Premier League club while crisis-hit Everton scored joint-highest for fan engagement, according to Fair Game's Sustainability Index.
Fair Game – an independent collective of clubs, think-tank leaders and academics – has analysed factors such as fan engagement, financial management and equality standards to rank clubs in England's top two divisions.
The analysis saw Liverpool lead the way in the top flight ahead of Everton and Southampton, with Norwich coming out on top in the Championship.
The Reds scored particularly highly on equality – measured by factors such as gender ratio at boardroom level and recruitment of women and ethnic minority candidates to leadership roles – and governance, which looked at issues like transparency and rates of pay for non-football staff.
Relegation-threatened Everton, whose fans have been protesting against the club's board in recent weeks, and Brentford scored highest for fan engagement.
Nottingham Forest finished bottom of the top-flight rankings, hampered in part by a financial rating of one out of 40, with the club spending 202 per cent of their revenue on player wages over the period analysed. The recommended proportion of revenue going on wages is 70 per cent.
Financial ratings were calculated according to figures obtained from clubs' annual accounts, measuring assets against liabilities, the amount owed in short-term loans, as well as the money spent on wages.
Premier League pacesetters Arsenal ranked fourth in the index despite recording the best result for financial sustainability.
Manchester United ranked sixth overall, despite having the Premier League's lowest score for equality standards.
Newcastle got the lowest result for engagement with their fans, calculated according to factors such as dialogue with supporters, fan-representation on the board, and how successful a club is at communicating decisions.
The champions Manchester City ranked eighth overall, while Chelsea, who have committed £400million on transfers since new owner Todd Boehly took control last May, ranked ninth.
Norwich's high governance and fan engagement scores saw them come out comfortably on top in the Championship.
Burnley, who were relegated from the Premier League last season but are leading the way for an instant return, were the best-run club financially with Sheffield United narrowly behind.
One of the key issues facing the English Football League is the parachute payments issued to clubs during the seasons after being relegated from the Premier League, with the EFL favouring abolishing the system in a bid to promote financial parity within the Championship.
Fair Game CEO Niall Couper believes there is a clear distinction in England's second tier between those sides making careful, considered spending decisions, and those overstretching themselves in pursuit of the "siren call of the Premier League".
He said: "That competitive imbalance means that what is put at risk are the clubs at the bottom (of the Sustainability Index). Those clubs with their history and traditions are facing the threat of extinction.
"The EFL are quite right to say that parachute payments are one of these issues, because it's causing clubs who are trying to compete to massively overspend.
"The ones that are to be praised are the ones who are slowly working hard but not overspending. They are the clubs that do well in fan engagement as well; Norwich, Luton, Rotherham, Bristol City.
"They are the real successes in the Championship. The EFL argument about ending parachute payments is strengthened."

Sustainability Index ranks Liverpool as Premier League's most sustainable club

Nathan Ake proved the unlikely match-winner as Manchester City edged out title rivals Arsenal 1-0 in a tense FA Cup fourth-round tie on Friday.

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Nathan Ake proved the unlikely match-winner as Manchester City edged out title rivals Arsenal 1-0 in a tense FA Cup fourth-round tie on Friday.
The Netherlands defender steered home a low shot in the 64th minute at the Etihad Stadium as City landed the first blow in their trilogy of clashes with the Gunners over the coming months.
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Arsenal, the Premier League leaders, had enjoyed the better of the first half, with Takehiro Tomiyasu and Leandro Trossard both forcing good saves from Stefan Ortega.
Yet, while much had been made of the growing touchline rivalry between City manager Pep Guardiola and his former assistant Mikel Arteta, for a seventh time in eight meetings it was ultimately the old master who prevailed.
Guardiola, perhaps aware that a victory could also have a psychological impact heading into next month's league encounter between the sides, went with a strong side and made just two changes to Arteta's six.
The Gunners, however, retained all their usual energy and, in a frantic start, seemed determined not to allow City to establish their customary early rhythm.
As a result the hosts played more direct than normal and the results were mixed. There were some promising attacks, but Erling Haaland seemed uncomfortable with the altered plan and, despite plenty of touches, the Norwegian's impact was minimal.
The Gunners initially looked the brighter team and Tomiyasu stung the palms of City’s number two goalkeeper Ortega with a ferocious shot in the fifth minute.
Trossard, making his first start for his new club, also forced a good save from the German after breaking into the area on the left.
City had a half-chance when Haaland broke clear after a Rob Holding miskick, but Gunners keeper Matt Turner met him outside the area.
The ball looped into the air and Haaland adjusted to attempt an ambitious overhead kick, but Tomiyasu comfortably cleared.
City's best chance of the first half came when Kevin De Bruyne cut inside and curled a left-foot effort narrowly wide, but Arsenal went close again when Eddie Nketiah poked wide from a Trossard cross.
City suffered a blow just before the interval when defender John Stones was forced off with an apparent hamstring injury, but they returned for the second half more determined to take control.
De Bruyne began to run through the middle more and passes became slicker. The attack was enlivened further when Julian Alvarez came off the bench in the 58th minute.
The change paid off six minutes later when the World Cup winner thumped the base of the post with a powerful long-range drive and Jack Grealish laid off to Ake from the rebound.
The Dutchman had time and space and calmly placed a shot beyond the reach of Turner.
It proved a decisive strike and City comfortably and efficiently closed out the game with Arsenal failing to threaten again.
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Nathan Ake strike hands Manchester City narrow FA Cup win over Arsenal

Newcastle defender Kieran Trippier has signed a contract extension to keep him at the club until the summer of 2025.

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Newcastle defender Kieran Trippier has signed a contract extension to keep him at the club until the summer of 2025.
The 32-year-old England right-back, who joined the Magpies from Atletico Madrid last January, has helped Eddie Howe's side keep 16 clean sheets in all competitions this season.
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Trippier told the club's official website: "I'm absolutely delighted that I've extended my contract here. I've got a lot of thank yous to make to the manager, owners, fans and my team-mates.
"When I first arrived here, they made me feel so welcome and I want to help the club achieve great things. It's a positive moment for us players in the club and there’s no place I'd rather be."
Newcastle manager Howe added: "It's a fitting reward for the season he's had.
"He's been outstanding both on and off the pitch, showing real leadership at a difficult moment when he first arrived, and now he's excelled in a team that's doing well. I can't praise him enough for everything he's given the club."
Trippier has played a key role for Howe's side as they have kept 12 clean sheets in the Premier League this season and has also registered six assists and scored one goal.
The former Tottenham full-back, who has won 40 caps for England, was Newcastle's first signing under their Saudi owners when the club paid Atletico £12million plus add-ons during last year's January transfer window.
Howe's side, currently third in the Premier League, are next in action on Tuesday when they play Southampton at home in the second leg of their Carabao Cup semi-final.
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Kieran Trippier signs Newcastle contract extension until 2025

West Ham boss David Moyes insists Michail Antonio won't be leaving West Ham this month.

David Moyes insists there is no chance of Michail Antonio leaving West Ham this month.
Antonio seems to be angling for a move having this week revealed on The Footballer's Football Podcast that he has been in contact with other clubs.
The striker said: "Honestly, I've not ruled anything out. That's all I can say, nothing has been ruled out. There are talks so whatever happens, happens."
But Moyes, who lost new signing Danny Ings to an injury on his debut against Everton last weekend, has no intention of letting West Ham's all-time top Premier League goalscorer leave.
"Well, it's not the club talking about Micky Antonio, I think Micky is the one talking about it," said the Hammers boss.
"Micky said it but we here have got no intention of doing anything. Sometimes players choose to do that, some of them want to go.
"But at the moment we want Mick here, we want him playing well, we want him scoring goals, and we're happy to have him."
Losing Ings was a major blow for Moyes, who spent £12million to prise the 30-year-old frontman from Aston Villa in a bid to inject more goals into his side.
Moyes is already without Italian forward Gianluca Scamacca with a knee injury, leaving Antonio as West Ham's only fit senior striker for Monday's FA Cup tie at Derby.
"Unfortunately Danny picked up an injury in the first 15 or 20 seconds of the game," said Moyes.
"We don't think it's that bad and he'd be cup-tied on Monday anyway so we've got a little bit of grace there.
"Hopefully he's not going to miss too much. He's had an injection in his knee and hopefully he can get back quickly."
Moyes does not expect to go back into the market to replace Ings, however.
"No not really, I think in the main we've spent money on Danny which we weren't necessarily expecting to do but we felt we could add to what we've got," he said.
"At the moment I don't necessarily see us spending more money, but I don't want to say that and then you tell me you told me something different because this world changes very quickly."

David Moyes confirms Michail Antonio will be staying at West Ham

Harry Kane may miss out on the chance to become Tottenham's all-time leading scorer due to illness.

Illness could see Harry Kane miss out on the chance to become Tottenham's all-time leading scorer in Saturday's FA Cup tie at Preston.
The Spurs forward went level with Jimmy Greaves on Monday when he hit the winner at Fulham to score his 266th goal for the club.
Boss Antonio Conte revealed afterwards Kane had struggled with a fever and he missed training on Wednesday and Thursday this week before he returned on Friday ahead of the weekend clash at Sky Bet Championship outfit Preston.
"We have only one problem, with Harry, because he played the last game full of illness," Tottenham assistant Cristian Stellini revealed.
"He didn't train during the week, he trained this morning, but he wants to come with us and be available.
"We know very well that Harry wants to play every game, so we are happy that Harry is involved in the game, but the only situation we have to take care of is this."
Kane could earn an overdue rest anyway with Richarlison pushing to make his first start since a hamstring injury following last month's World Cup.
Stellini admitted some changes would be made at Deepdale but midweek signing Arnaut Danjuma, who joined on loan from Villarreal on Wednesday, is only set to be named on the bench.
Tottenham are pushing to make further additions this month and talks continue with Sporting Lisbon over the signing of Pedro Porro, the PA news agency understands.
An agreement over the payment structure of Porro's 45million euros (£39.5) release clause still needs to be reached and the attacking full-back looks primed to feature in Sporting's cup final against Porto on Saturday – but there is an expectation a deal will eventually be concluded before Tuesday's deadline.
While potential new recruit Porro could win silverware this weekend, Tottenham continue to seek an end to their trophy drought that dates back to 2008.
But Stellini insisted: "Many times, many times when I was here, we speak about a trophy, a cup to win. I don't want to push, to create pressure on this.
"We have to change the mentality. The last game was a good start-point to change this and with the change of the mentality, you don't have to talk about winning trophies, you have to do it.
"It is difficult to work on the mentality, we try to do it and we want to be a team that can win a trophy."
Conte's future has been a constant talking point recently but his passionate celebrations with the Spurs fans at Craven Cottage on Monday hinted his determination remains as strong as ever to succeed at the club.
"It's very difficult to feel that Antonio is not determined, it's very difficult," Stellini admitted.
"But, the way he celebrated, maybe he can let (people) understand, in my opinion, that he feels love around him. This is really important.
"This is really important, that the fans are with us, with the team, with the players, with the club and with Antonio as well."