Everton annual wage costs discrepancy

[toffee66]

Wages and salaries will include all contractual bonuses, benefits in kind (car, club clothing etc.), image rights payments, pension contributions and termination payments. The accounts include payments to all staff not just the men’s first team. The numbers are also gross including employer NI. Spotrac numbers (& others) are guesses based on public information because unlike in eg NFL there is no public record of contracts though they are all centrally registered. You can never really attempt to reconcile as there simply is not enough information in the public domain to do it.

 

[mahermi1]

If we are paying off peoples contracts where else would it show on the accounts?

Other Operating Costs ?

...please.....

 

[LEONARD]

No problem, Tom Davies is off the books at midnight tomorrow.

 

[trueblue84]

Other Operating Costs ?

...please.....

 

[Paul Rideout]

Is 'Swiss Ramble' the pace they're paid to play at?

Long walk in the alps

 

[formerly manx toffee]

Blue gravel ?

 

[Wizard]

I think Swiss Ramble just pulls numbers out of its arse mate. Same as anyone who isn't is directly employed by the football club to look after our finances.

Swiss Ramble is really good. He did a massive article about our P&S issues and he just takes a very matter of fact view while doing a real deep
dive on the accounts.

 

[Yarrgh]

Swiss Ramble is really good. He did a massive article about our P&S issues and he just takes a very matter of fact view while doing a real deep
dive on the accounts.

I read it as it was linked in the financial fair play thread.

It came out around the same time as the leak that the PL investigation was into a tax matter around the new stadium and his whole article was him trying to confirm some terrible wrongdoing by Everton.

From here on in, I take anything from the Swiss Ramble with a hefty pinch of salt as his deep diving into accounts was done in a Titanic submarine.

 

[Bedfordblue]

Personal Injury payments will be chunk too….
‘Have you ever been put in a headlock at work?’

 

[Cool_Blue]

The most reliable website about player wages is this one imo: https://www.capology.com/uk/premier-league/salaries/

It claims to have verified many of the figures .

For Everton, it says Iwobi is already on 120k a week. Keane is on 80k, Godfrey is on 75k, and Holgate is on 70k, a very expensive unholy trinity.

It's interesting to look at wages from other clubs as well. Iheanacho is said to be on 80k a week and not the rumoured 150k a week I've seen online. I don't think Iheanacho is the answer for us tbh, doesn't score enough.

I feel ill

 

[Joey66]

Everyone is aware that the main reason we have been having P and S issues is our ridiculously high wage costs (our net transfer spend in the last 5 years is only £31m).

In the accounts for 21/22 (see below) annual wages are listed as £162m.

Swiss Ramble Everton Finances 21/22

However, if you look at the various websites that try to estimate player salaries the figure quoted is always far less. For example, Spotrac calculates player salaries for 21/22 as only £91m.

Spotrac Everton player salaries 21/22

I appreciate that you have to add on other staff salaries (Directors, managers, coaches, youth team, Finch Farm, admin etc) but the discrepancy still seems enormous.

I was just wondering if anyone had an explanation for this?

Bent accountancy ? Allegedly -

 

[WA Toffee]

However, if you look at the various websites that try to estimate player salaries

I was just wondering if anyone had an explanation for this?

I kept in the bit where you answered your own question

 

[Eggs]

Are you factoring in the payoffs to Martinez, Koeman, Allerdyce, Silva, Lampard and their assorted staffs?

The club has spent a not so small fortune paying these people to NOT manage the club.

….I wasn’t sure we ‘paid off’ those managers. I was of a view we continued with them on the payroll. I seem to recall Koeman moving to a new job and still getting monies off us.

 

[DonegalEvertonian]

Most of them figures quoted are base salaries and alot of players will have bonuses written into there contract so as Goals bonus, appearance bonuses, clean sheet bonus etc.

 

[greener]

Most of them figures quoted are base salaries and alot of players will have bonuses written into there contract so as Goals bonus, appearance bonuses, clean sheet bonus etc.

I think we can discount most of those bonuses mate, apart from the insult of appearance bonuses of course.
Is Deli due a "loyalty" bonus yet?