6 + 2 Point Deductions

[PeregrineT]

Well the esk was exactly wrong once again.

Absolutely stunning, to sell Gordon, clean a bunch of people off the books, and still somehow end up so high on wages, higher on amortization, and lose 16m in sponsorships?

I didn't even think that was possible, but here they are truly doing the impossible

 

[daza_1973]

Stadium was the death of us tbh.

Russia invading Ukraine was

 

[matty1878]

Blue bills legacy, lets name a stand after him

in the ground that’s half crippled us

 

[Lapeno77]

 

[matty1878]

Well the esk was exactly wrong once again.

Absolutely stunning, to sell Gordon, clean a bunch of people off the books, and still somehow end up so high on wages, higher on amortization, and lose 16m in sponsorships?

I didn't even think that was possible, but here they are truly doing the impossible

mate why have a go at someone

 

[ForeverEverton]

View attachment 250764

The Club’s total wage to turnover ratio has increased from 90% in 2021/22
to 92% in 2022/23. The Club looks to reduce the wage to turnover ratio
going forward, whilst also ensuring that the First-Team squad remains as
competitive as possible. As in previous years, the ongoing outsourcing of
the Club’s retail and catering operations, which reduces turnover (and costs)
when comparing to other clubs who manage these functions in-house, also
results in an artificially inflated wage to turnover ratio. The Club’s total wage
to turnover ratio would increase accordingly from 87% in 2021/22 to 89%
in 2022/23 if retail and catering operations were not outsourced.

Where is the 23 accounts? I can see the article on the website but actual accounts are not yet posted.

 

[Victus]

Russia invading Ukraine was

Aye, didn't help did it. Absolute nobs.

 

[PhilM]

Russia invading Ukraine was

Relying on shady finances and an opaque ownership structure is our downfall.

 

[Del-boy]

We make £20 million commercially…

United make over £200 million…

The games rigged.

 

[daza_1973]

Relying on shady finances and an opaque ownership structure is our downfall.

like 90% of the rest of the Premiership clubs

 

[Tony’s Carp]

Where is the 23 accounts? I can see the article on the website but actual accounts are not yet posted.

https://resources.evertonfc.com/evertonfc/document/2024/03/31/d59075c4-85a5-4d84-adea-088920d1ce6f/Annual-Report-And-Accounts-2023.pdf?_gl=1*akqcyr*_ga*MTgwMTUzMDE0NC4xNjczNTc5NzIx*_ga_4H186ENHQ4*MTcxMTkwMTEwNi4yMjQuMS4xNzExOTA1Nzk3LjYwLjAuMA..

 

[ForeverEverton]

How? Just how have they recored a 90M loss? What the hell is going on?

£210m is stadium costs which is capitalised and doesn`t go towards PSR calcs.

 

[Victus]

Ultimately Bill Kenwright sold us down the river, that's what he will be remembered for in the eyes of the sane.

 

[PhilEFC]

Stadium was the death of us tbh.

Kenwright wanting to keep his train set was the death of us mate.

 

[Moomin]

They must be horrific, to wait till the end before they get submitted.

Yep.