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

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Newcastle beat Manchester United 1-0 at St James' Park thanks to Anthony Gordon's sixth goal of the season.

Newcastle beat Manchester United 1-0 at St James' Park thanks to Anthony Gordon's sixth goal of the season.
The Magpies, who returned from Paris St Germain in midweek bitterly disappointed with a 1-1 Champions League draw, dominated for all but the final few minutes and perhaps should have secured the points in more emphatic fashion with Kieran Trippier seeing a first-half free-kick come back off the crossbar.
However, Gordon's 55th-minute finish - the fourth-successive home league game in which he has scored - proved sufficient to clinch a 1-0 win and send Eddie Howe's side above the Red Devils in the table, although his joy was tempered by a potentially-serious injury to goalkeeper Nick Pope.
Manchester United, who had thrown away a 3-1 lead at Galatasaray to draw 3-3 on Wednesday evening, created little of note - they saw a late goal ruled out after Antony's shot had clipped Harry Maguire in an offside position - as their run of five wins in six league games came to an end in front of a crowd of 52,214.
Under-fire goalkeeper Andre Onana and Diogo Dalot got themselves in a tangle as they attempted to deal with a Gordon cross, although opposite number Pope had to repel Alejandro Garnacho's 11th-minute attempt with a well-placed foot after Bruno Fernandes' superb pass had played him in behind Trippier.
Garnacho became an increasing threat down the Magpies' right as Manchester United started to impose themselves, but Luke Shaw had to block Alexander Isak's 15th-minute effort after Trippier had fizzed the ball into his feet inside the penalty area.
Onana saved from Miguel Almiron following a neat one-two between Joelinton and Trippier, while Guimaraes smashed an 18th-minute shot over from distance after Tino Livramento had surged forward down the left and cut the ball back.
The visitors were creaking and Maguire had to be in the right place at the right time to deflect Isak's goal-bound effort wide before Jamaal Lascelles headed over from the resulting corner.
Playmaker Fernandes did his best to drag Erik ten Hag's men into the game, but too often the men ahead of him were not equal to the task and they continued to look less than certain at the back with Isak firing wide 12 minutes before the break after Aaron Wan-Bissaka had headed Fabian Schar's long ball straight to him.
Almiron curled an attempt over the angle of post and crossbar after cutting inside Dalot from Trippier's through-ball, but Onana enjoyed the kind of fortune which has eluded him in recent weeks when Trippier rattled the crossbar with a 39th-minute free-kick after Maguire had felled Schar 25 yards out.
Livramento, whose scything run led to Isak's goal at Paris St Germain, almost repeated the dose two minutes after the restart when he set up Almiron, but saw the Paraguay international's shot half-blocked to allow Onana to save comfortably.
The keeper was finally beaten seconds later when Guimaraes rolled the ball into Trippier's path and he crossed low to the far post for Gordon to score.
Schar whistled a shot from distance a foot over Onana's crossbar as the home side looked to kill the game off, and Ten Hag responded by replacing Marcus Rashford and Martial with Antony and Rasmus Hojlund.
Antony added vigour to a side in desperate need of inspiration, but to little real effect and Wan-Bissaka survived penalty appeals for handball after blocking Lewis Miley's shot with 12 minutes remaining.
Schar had to throw his body into the path of Sergio Reguilon's well-struck 82nd-minute volley, although Pope's evening ended in agony as he was led from the pitch having suffered an injury as he dived in anticipation behind the defender.
Replacement Martin Dubravka was beaten with two minutes of normal time left on the clock, but an offside flag came to the tiring Magpies' rescue and they safely negotiated nine minutes of stoppage-time to claim victory.

Anthony Gordon nets winner as Newcastle edge out Man Utd in Premier League clash

Arsenal opened up a four-point lead at the top of the Premier League as two early goals proved just enough to see off Wolves 2-1 at the Emirates Stadium.

Arsenal opened up a four-point lead at the top of the Premier League as two early goals proved just enough to see off Wolves 2-1 at the Emirates Stadium.
With closest challengers and reigning champions Manchester City not in action until Sunday, Mikel Arteta's side took full advantage as Bukayo Saka and Martin Odegaard struck in the opening 16 minutes before a nervy ending brought about by Matheus Cunha's strike.
The Gunners ultimately ran out winners on an afternoon where their early goals were the peak of a performance that promised more than it provided.
Having thrashed Lens here 6-0 on Wednesday to ensure safe passage into the last 16 of the Champions League, Wolves proved they were made of sterner stuff and stayed in the contest until the last.
Saka needed less than six minutes to put the home side ahead as Arsenal scored their earliest Premier League goal of the campaign so far.
It is something manager Mikel Arteta has been keen to improve on, stopping sides being able to sit deep and defend in numbers.
Gabriel Jesus fed Takehiro Tomiyasu, who slipped in for Saka to coolly convert and continue what is fast becoming a fine season for the England forward.
Saka's speedy opener gave Arsenal a platform to build on and they doubled their lead just seven minutes later.
Jesus was again involved, this time playing in Oleksandr Zinchenko down the left with the full-back then squaring for Odegaard to sweep home and finish off another eye-catching move.
Wolves goalkeeper Jose Sa appeared to pick up an injury attempting to keep out Odegaard's effort but was on had to bravely block a Leandro Trossard shot as Arsenal continued to turn the screw.
That turned out to be Sa's final contribution, however, as he limped off to be replaced by Dan Bentley.
The visitors enjoyed more of the ball but created very little before being caught on a counter-attack that ended with Gabriel Martinelli hitting the base of Bentley’s post with a curling strike.
Jesus then failed to finish a difficult chance at the back post as Saka's ball in was deflected into the Brazilian's path.
Wolves finally had a telling chance in the dying embers of first-half stoppage time but Hwang Hee-chan could not take full advantage of Zinchenko's weak backpass as David Raya rushed off his line to block.
Cunha stung the palms of the Arsenal goalkeeper early in the second half just after Jesus had a penalty claim turned down at the other end.
Declan Rice drilled wide and Saka bent a long-range strike inches over the crossbar as the game seemed to be petering out to a conclusion.
Tomiyasu was forced off with what appeared to be a calf injury as Ben White replaced the Japan international for the final 12 minutes.
Trossard should have added a third moments later but could not finish when played in on goal as Bentley made a smart stop to deny both the Belgian and Saka, who followed up the initial effort.
Instead though, it was Wolves who would reduced the arrears and set up a nervy ending for the hosts as Nelson Semedo nipped the ball off the toes of Zinchenko and Cunha slammed home.
Arsenal should have immediately re-established their two-goal cushion but substitute Eddie Nketiah hit a post when presented with a fine opportunity.
The Gunners, though, hung on to seal the win and put a gap between themselves and the chasing pack ahead of Tuesday's trip to Luton.

Arsenal open up four-point lead at the top of the table after seeing off Wolves

Pep Guardiola expects Tottenham to come at his Manchester City side at full-throttle this weekend.

Pep Guardiola expects Tottenham to come at his Manchester City side at full-throttle this weekend.
Spurs caught the eye playing dynamic and attacking football in a strong start to the Premier League season under new manager Ange Postecoglou.
The Londoners have come unstuck in recent weeks, losing their last three games and suffering injuries to key players, but their Australian manager has determinedly stuck to his principles.
"He's been there from day one, from the first game of the Premier League," said City boss Guardiola, whose treble winners host Spurs at the Etihad Stadium on Sunday.
"I have the feeling it doesn't matter the result, it doesn't matter the opponent, home or away – they do what they have to do.
"I like that. I think that is so incredible an advert for our game, for our sport. When two teams (decide it) doesn't matter what happens, I do my game, I go forward, there are always nice things to watch, all the time.
"It's impossible you don't see an interesting game where both teams want to try to do it."
City midfielder Mateo Kovacic is back in contention after injury and John Stones, and unused substitute for the last games, is also close to returning to action.
Kyle Walker, who has taken over the City captaincy so far this season with Kevin De Bruyne out injured, will face his old club.
"I'm really, really pleased about what he's doing," said Guardiola of the 33-year-old right-back.
"He's the same guy who was involved before, when he wasn't captain, but now the players decided to pick him, so he now has a little more responsibility.
"When there's some problems in the locker room or whatever, captains tend to solve it."

Man City's Pep Guardiola expects full-throttle clash against Tottenham

In the intricate dance of football transfers, Real Madrid are preparing for a last, strategic move to sign the prodigious Kylian Mbappe.

In the intricate dance of football transfers, Real Madrid are preparing for a last, strategic move to sign the prodigious Kylian Mbappe.
Renowned Spanish journalist Jorge C Picon has revealed that the club are set to unveil their ultimate offer at the turn of the year, marking the culmination of a prolonged pursuit.
Mbappe, now 24, has ascended to the zenith of world football over the past six years. Bursting onto the scene during the 2016/17 season with AS Monaco, he played a pivotal role in securing the Ligue 1 title for his team. Paris Saint-Germain (PSG) swiftly recognized his potential, securing him on loan in the 2017 summer transfer window before finalizing a permanent deal a year later.
Despite being the linchpin for PSG, Mbappe's future has perennially been shrouded in speculation. The recent limelight has been focused on Real Madrid, with persistent rumours linking the French sensation to the iconic white jersey. This intrigue reached its peak in the last two summer transfer windows.
Mbappe's journey has been marked by steadfast loyalty to PSG, evident even during the tumultuous period when he declared his intention to run down his contract this past summer. Banished briefly from the squad, he swiftly reclaimed his pivotal role, amassing an impressive 17 goals and two assists in just 17 appearances.
Yet, as Mbappe enters the final year of his contract, the football world eagerly awaits his decision. Premier League giants have been lurking in the shadows, but it is Real Madrid that have consistently courted him. Recent reports suggested that the club had abandoned hopes of a Bosman move, having chased the Frenchman in the past three summer windows.
Real Madrid, a club with a storied history, remain cautiously optimistic. Their final offer, poised to be unveiled at the turn of the year, carries the weight of their aspirations to secure Mbappe's services. The catch, however, lies in Mbappe's desire to don the iconic white jersey. The Merengues are not willing to go all out unless the World Cup winner unequivocally expresses his wish to join their ranks.
As Real Madrid unveil their final gamble, the ball is firmly in the court of the 24-year-old prodigy. Will Mbappe choose the allure of the Merengues and embark on a new chapter in his illustrious career? The answer lies in the impending turn of the year, promising a thrilling denouement to this captivating transfer saga.