Big Friedkin Rebuild

[Daveysgingerlovechild]

@Zatara have you seen this? Fella is all other your turf here, ffs.

Sort it out.

 

[SirBarryHorrrrrne]

Provided Dyche keeps us in the Premier League, the summer of 2025 promises to be a huge rebuilding process for the new owners.

We have the following 10 players out of contract in the summer:

Doucoure £120k
Calvert-Lewin £100k
Keane £80k
Gueye £80k
Holgate £70k
Coleman £55k
Maupay £50k
Young £40k
Begovic £9k
Virginia £8k
TOTAL: £612k / week
(All salaries are approximate and averaged out from various sources across the web; please don’t take as gospel)

We also have 4 players returning to their parent clubs at the end of their loans:

Broja
Harrison
Lindstrøm
Mangala

That’s a huge turnover of 14 players, but also provides some much needed finance for a rebuild.

Based on the above, we will only have the following 12 senior players:

Pickford
Patterson
Mykolenko
Tarkowski
Branthwaite
O’Brien
Iroegbunam
Garner
McNeil
Ndiaye
Beto
Chermiti

Priority signings would then have to be:
• Starting RB
• Starting LB
• Starting CM
• Starting RW
• Starting CF

We’d also need a backup goalkeeper, whilst perhaps looking to promote Armstrong and a couple of youth team players to the first team squad.

Personally, I don’t feel that Patterson, Mykolenko, Beto are good enough, but could serve as backup until January / Summer 2026, otherwise it would leave us too much to do in one summer.

Discussion:
1. How much of the above (if any) do you think we will be able to get done this coming January?
2. Do we keep any of the contract expiry players (maybe on a 1-year extension on reduced terms)?
3. Do we turn any of the loan players into permanent signings?
4. Are there any other starting eleven positions that I’ve missed from the priority signings?

Excellent post. Interesting responses as well. For added context, I'll look at this through the potential combined solution that a) Graham Potter will replace Dyche, and b) Friedkin Group have a track record of securing high-profile free transfers while at Roma (Dybala, Ndicka, Hummels, Hermoso).

• Starting RB - Denzel Dumfries (free)
• Starting LB - Walker-Peters (free)
• Starting CM - Angel Gomes (free)
• Starting RW - Johan Bakayoko, Rayan Cherki, Francisco Conceicao (if Juve don't get Champs League)
• Starting CF - Jonathan David (free)

Ambitious with Dumfries and David, but I wouldn't be surprised if they tried. Potter's 3-4-2-1 formation means attacking full backs are vital. You can see that any funds available should go towards that RW position. An exciting U23 star with pace and trickery

I'd also be really interested to see which players from the current squad transform under Potter. I wouldn't be surprised to see Patterson go back to his form under Lampard, Garner to become integral linking with the CBs, Branthwaite dictating from the LCB/LB position like Dan Burn used to, McNeil potentially in the LWB role and most exciting of all would be Iroegbunam, who already reminds me of Bissouma, and Potter made the latter the best CM in the league at one point

 

[Dymak]

Err no, not quite how it works mate.

It is, unless there was concern that we are already heading for a breach and needed to sell to reduce or prevent the forthcoming breach. I don't think we are in that situation at all.

The age old tactic of selling players to facilitate a transfer budget that allows you to acquire new players is alive and well, and it's something that we will see in January imo.

And that's on top of our debt being reduced, the possibility of sponsorship, increased revenue projections, and the Friedkin's ability to do 'convenient' transfers between Everton and Roma.

 

[Nymzee]

It is, unless there was concern that we are already heading for a breach and needed to sell to reduce or prevent the forthcoming breach. I don't think we are in that situation at all.

The age old tactic of selling players to facilitate a transfer budget that allows you to acquire new players is alive and well, and it's something that we will see in January imo.

And that's on top of our debt being reduced, the possibility of sponsorship, increased revenue projections, and the Friedkin's ability to do 'convenient' transfers between Everton and Roma.

If we get £20m for Beto and Doucoure, we then don't have £20m to spend on new players. That's just not how it works. Outside of FIFA.

 

[Dymak]

If we get £20m for Beto and Doucoure, we then don't have £20m to spend on new players. That's just not how it works. Outside of FIFA.

We get a forecast of £20m in revenue, allowing us to structure the deals of our new players in a similar or identical way to the structure of our sales of Beto and Doucoure.

Everyone knows that players are bought and sold in installments, but this doesn't invalidate or negate the age old strategy of sell to buy.

 

[Nymzee]

We get a forecast of £20m in revenue, allowing us to structure the deals of our new players in a similar or identical way to the structure of our sales of Beto and Doucoure.

Everyone knows that players are bought and sold in installments, but this doesn't invalidate or negate the age old strategy of sell to buy.

But it doesn't equate to the same value for the purposes of surviving PSR. You should know this, it's kinda been what we've been talking about on here for years now.

 

[barneygumble]

Excellent post. Interesting responses as well. For added context, I'll look at this through the potential combined solution that a) Graham Potter will replace Dyche, and b) Friedkin Group have a track record of securing high-profile free transfers while at Roma (Dybala, Ndicka, Hummels, Hermoso).

• Starting RB - Denzel Dumfries (free)
• Starting LB - Walker-Peters (free)
• Starting CM - Angel Gomes (free)
• Starting RW - Johan Bakayoko, Rayan Cherki, Francisco Conceicao (if Juve don't get Champs League)
• Starting CF - Jonathan David (free)

Ambitious with Dumfries and David, but I wouldn't be surprised if they tried. Potter's 3-4-2-1 formation means attacking full backs are vital. You can see that any funds available should go towards that RW position. An exciting U23 star with pace and trickery

I'd also be really interested to see which players from the current squad transform under Potter. I wouldn't be surprised to see Patterson go back to his form under Lampard, Garner to become integral linking with the CBs, Branthwaite dictating from the LCB/LB position like Dan Burn used to, McNeil potentially in the LWB role and most exciting of all would be Iroegbunam, who already reminds me of Bissouma, and Potter made the latter the best CM in the league at one point

If Potter had concerns over Wolves & Leicester financial issues, why is he coming here?

More likely to see a Brereton-Diaz, Josh Brownhill type over half these.

If they were going adventurous, they'd do no harm in looking at Tim Lamperle, at Köln.

But forget big name signings, we must have surely learned our lesson of how badly that goes.

 

[pfim]

If we get £20m for Beto and Doucoure, we then don't have £20m to spend on new players. That's just not how it works. Outside of FIFA.

We won't make an accounting profit on Beto (or cash profit). I doubt Doucoure is going anywhere. There's not much to bleed from this stone.

PSR also takes into consideration 3 years of results. I don't know the exact PSR number for 2022-2023, but we posted an 89 million loss that year.

 

[pfim]

We get a forecast of £20m in revenue, allowing us to structure the deals of our new players in a similar or identical way to the structure of our sales of Beto and Doucoure.

Everyone knows that players are bought and sold in installments, but this doesn't invalidate or negate the age old strategy of sell to buy.

When the cash changes hands doesn't matter with PSR.

 

[pfim]

If Potter had concerns over Wolves & Leicester financial issues, why is he coming here?

More likely to see a Brereton-Diaz, Josh Brownhill type over half these.

If they were going adventurous, they'd do no harm in looking at Tim Lamperle, at Köln.

But forget big name signings, we must have surely learned our lesson of how badly that goes.

Our worst years of losses "should" be behind us July 1st. Which is good, because we have about 10 first team players under contract.

 

[Dymak]

But it doesn't equate to the same value for the purposes of surviving PSR. You should know this, it's kinda been what we've been talking about on here for years now.

I honestly don't want to get into a tedious accounting debate. I'm not an accountant, and I'd never want to be one tbh. However people say that the sale figure is written down on the accounts immediately, whereas the expenditure is spread across the installment plan. If this is accurate, then it assists the age old sell to buy strategy.

I'm aware that some people are uneasy with good news, but have we really reached a point where we are going to pretend that we cannot even take advantage of the sell to buy strategy? Really?

 

[pfim]

We get a forecast of £20m in revenue, allowing us to structure the deals of our new players in a similar or identical way to the structure of our sales of Beto and Doucoure.

Everyone knows that players are bought and sold in installments, but this doesn't invalidate or negate the age old strategy of sell to buy.

If you get 15 million for Beto, you still need to write off the 15 million left on his transfer fee. It's a wash, you'd really only be saving on his salary which would effectively been taken by his replacement.

 

[barneygumble]

Our worst years of losses "should" be behind us July 1st. Which is good, because we have about 10 first team players under contract.

They should be, but we still carry the burden of an £89.1m loss for the last accounting period.

So whilst they're behind us, as you say, they're still very much a crucial factor in what we can and cannot spend.

 

[pfim]

I honestly don't want to get into a tedious accounting debate. I'm not an accountant, and I'd never want to be one tbh. However people say that the sale figure is written down on the accounts immediately, whereas the expenditure is spread across the installment plan. If this is accurate, then it assists the age old sell to buy strategy.

I'm aware that some people are uneasy with good news, but have we really reached a point where we are going to pretend that we cannot even take advantage of the sell to buy strategy? Really?

You're on the right track, but if we haven't fully amortized the players' original fee, that will be written off when the sale is made. It's part of the reason why it's beneficial to loan a player out rather than sell, if you still need to write down his original fee.

Pickford and Branthwaite are really the two big value players we have that we will get real, investable money from. Next to that, you're looking at academy players who will bring the biggest bang for the buck. I'm not advocating selling someone like Harrison Armstrong, but if you could get 10 million from him, theoretically you'd have 50 million to spend based on that fee.

 

[pfim]

They should be, but we still carry the burden of an £89.1m loss for the last accounting period.

So whilst they're behind us, as you say, they're still very much a crucial factor in what we can and cannot spend.

But on July 1st we'll be in fiscal 2026. So the transactions we complete will be for the PSR years ended 2024, 2025 and 2026. The 89 million will fall out of the equation. We don't know yet what 2024 brings, and obviously not 2025.