I'm aware they're separate but also conscious that Everton keep telling us how much we definitely aren't in any trouble only for July to come around and we're engaging in dodgy swap deals and selling off assets. As late as January they were insisting there was money to be spent and of course there was not.
Fool me once and all that. I'd like to see one definitive good financial year before I say we're out of the woods. Fwiw i have us at about 45 mill loss, so not impossible but also less than your 60. Though id like to think you are right. I'm not calling TFG skint, I just don't think they will be able to spend in the current rules, and may require one final big sale to get us compliant and clear of that monster loss.
I mean I wouldn't listen to clubs output too much, but looking at the numbers, the situation changes massively on July. I think we are very tight on PSR, but ok. The fact they said we would be ok even without the interest in our favour, kind of underlines that for me.
If you have us at 45m loss,.with circa 35 ish coming off for PSR stuff, then we are probably just the right side of it (by about 15 million).
In terms of crude numbers, we will have a 62m PSR loss, this years loss (53m translated to PSR at around 18m. So we are at -80m.
The business roughly loses 100m p/a pre player trading, so around 65m PSR ish pre player trading. We need that to be under 25m.
However, we made circa 30m profit Onana so that gets us from -65m to -35m. I have amortisation/loan costs at around 15m but around 10m is saved amortisation payments on Onana/Godfrey who leave, so -5m has us at -40m. Wages I think to up 10m so -50m.
There was some increased sponsorships of circa 10-15m this year so that is -35/40m. The big one is the debt restructuring, which is around 55m p/a saved, so up to the end of June will be circa 30m saved, getting us to around a -10m. Even if those numbers are 5m off each, it's a -20 and we are still ok, just.
What I don't see, is a world where we need like a 50m profit. It's also worth adding in, the Psr deductions may be higher than the typical 35m as we are now allowed stadium interest, which again would give us more challenges.
I think we are probably looking at a PSR loss of 10-20m with the upper figure having us around 100m loss over 3 years. It's very close, and is probably why there was just no wriggle room in January.