Tony’s Carp
Player Valuation: £50m
Just the £40+ a year then!
Still, the increased pie sales at BMD should cover it.
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Just the £40+ a year then!
22-23 we have to remember - the playing side we made big efforts and should be in the black on that.How have we lost >40m? We've been living on dry bread and stale water. Is this the interest on loans that's so problematic? I'm starting to think that the problems are significantly deeper than paying crap players superstar salaries.
it's just reading between the lines really - but could be putting 2+2 together and getting 5.Royal Red podcast mate all RS fans
Nope - shame, as it really is a ridiculous defenceAre other clubs allowed to make submissions to hearings regarding other clubs?
Are we sure about the answer to this? I.E there is a source that confirms either way?
I ask, because I’d like to think we could have a say in why that Brennan Johnson excuse is utter BS!
Nope - shame, as it really is a ridiculous defence
Although it genuinely was more 'profitable and sustainable' for Forest, they blatantly ignored the rules to do it, and they played him for three mathces, in which they gained three points total, so there's a quantifiable sporting advantage.
I thought this, but doesn’t that mean they accepted that the 3 points was more important than the punishment?What if he got injured in any one of those three games that he played in, then he wouldn't have been able to be sold at all.
I found this in the Echo, of all places last week, that Everton had a stadium naming deal with USM agreement.What 'mitigations' were considered? They were all dismissed. Only 'good faith and intent' were considered at the appeal (which were excuses to legitimise the 4 point return).
The PL have de facto set a framework, unintentionally imho, of 3 points per £10m, which puts Forest at a huge risk.
They can't allow mitigating circumstances for Forest so have backed themselves into a very dodgy corner. If challenged by either team legally, bearing in mind timescale towards season end, they will open to challenges from the entire league.
I've just suggested a figure of 200,000,000, for the stadium naming rights.I found this in the Echo, of all places last week, that Everton had a stadium naming deal with USM agreement.
It was disallowed because it was found that Moshiri hadn't signed the contract and that in fact the contract hadn't even been drawn up, yet. The amount of the investment? 200,000,000 pounds.
The agreement with USM was for £10 million pa. It was due to start in 25/26.I found this in the Echo, of all places last week, that Everton had a stadium naming deal with USM agreement.
It was disallowed because it was found that Moshiri hadn't signed the contract and that in fact the contract hadn't even been drawn up, yet. The amount of the investment? 200,000,000 pounds.
The agreement with USM was for £10 million pa. It was due to start in 25/26.
Everton’s argument was that they were in negotiation with USM to advance the start of that deal to the 21/22 year but had to pull those negotiations due to Russian invasion. That point of mitigation was dismissed because there was no contract inplace.
Like that “Villa Fan” who had a strangely keen interest in football finances and not much else.There’s no way you are this interested in another football club every day.
The womans team is potentially losing us up to £30 million a year... WtfNo chat that I'm aware of - I wish I was!
All I can figure out from reading the report is that EFC must have recorded a loss of at least £40m in FY22-23.
After add-backs were added on, EFC lost £55m in 19-21 (averaged out), £10m in 21-22, so that equates to £65m over those two years, so essentially there was a £40m margin to play with for 22-23.
It sounds like a lot, especially since we made efforts on the playing side, but the USM/Megafon sponsorship of FF/Goodison/the women's team was supposedly (according to someone at the club) 'around £20m' - though that same person then told someone else it was closer to £30m!
I think they'll almost certainly look to use the USM/Megafon stuff as mitigation in this case. They only used the stadium naming rights deal in the 21-22 case, and I suspect that's because the money for the other sponsorships (FF etc) had been paid up front at the start of the year, so it was already accounted for by the time the sponsorship was suspended in March 2022. But, that's me guessing, and I have no idea if that would even be successful.
I fully expect another deduction, which is why results like yesterday are even more frustrating. But we'll see - perhaps we only are over by a few mil. But if that was the case I actually don't know if the PL would have called it in given all the hassle with the first charge.
Let’s not go full Joey Barton because our Accountant owner is incompetentThe womans team is potentially losing us up to £30 million a year... Wtf
I couldn't name one player or any of their results this season. I don't even know what league they play in.
I follow Everton not any random variant of a sport just because they attach my clubs name to it, like that failed basketball attempt about 15 years ago.
If we are hemorrhaging money what is the point of pissing it down the drain chasing a doomed failing commercial enterprise.
Why is so strange that supporters of other clubs are interested what’s going on in football wider ?Like that “Villa Fan” who had a strangely keen interest in football finances and not much else.