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Everton, our summer transfers and short term cost control regulations

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Looking at two season tickets in the lower gwladys, the only two available say 'obstructed view'. Anybody know what the view from Row LL is like? seats 0095 and 0096
 
As always im clueless when it comes to the finer details of accounts.
Me and my grandad always thought that a lot of people are that concerned with how much we pay for a player, we forget the running costs that go with it, in particular the wages.

Isn't there a way to get around FFP and avoiding going into debt by converting debt into equity or something like that ?
I know a few owners have done it, maybe Randy Lerner was one ? I also think there are other ways to get around penalties such as the Man City route were the owner is practically the sponsor or something along them lines ?

Like I say, im not going to pretend to have a clue because I don't lol
 
great article. The players leaving the club wages shouldn't matter when the likes of Howard, Pienaar etc would of been on a good wage anyway? I'm not one who takes much notice of finances so I could be talking nonsense haha!
 
It looks like it's in our interests to maximise the increase in wages each year as much as we can under the rules.

As long as we don't do it in a way that ends up bankrupting us, with the rules as they are, we have to do it try and close the gap to the big money clubs (or more realistically, prevent it getting larger and larger). It's the only way we'll be able to have a team with superstars, with their superstar wages in the future.

That also then makes sense of bringing in some of the older seemingly short-term signings on high wages. Once they depart, we can redistribute what we had paid them more sensibly.

It's a bizarre situation where we have to spend the money on wages, or lose the increase for that year.

We have to throw our money around. Who'd have thought that even six months ago.
 

This is a good and worthwhile article @The Esk please keep us informed of FFP stuff. What this highlights to me are 2 things;
1) The need to have an experienced, top draw DOF experienced in player trading and budgets
2) The requirement to continue to produce young players.

What is required is a DOF who is able to link strategy between what is possible commercially and what is possible on the pitch. Someone who is able to see the bigger picture and set realistic budgets accordingly. At times this is going to mean tough conversations with a manager or those on the commercial side, or realistic assessments to the Chairman if the commercial side is not growing as well as it ought.

Put simply this is not reasonable or fair to expect a manager to have to deal with these problems while trying to manage the team. Considering how far 100 million may go may mean taking tough decisions to (as you’ve indicated) let John Stones go, not out of necessity or out of any want to lose him but just as a move in the bigger picture.

A manager’s view of the bigger picture will always be heavily tainted by immediate success on the pitch. I have no problem with that but we do need someone who takes a step back and views it from afar. I can think of few managers who would want to sell John Stones, but as you said it does make financial sense.

Fortunately I do think Moshiri understands this and is spending a lot of time dealing with it. Under Kenwright despite often doing good trading very often we were reactive. We waited until we got a big offer for a player then recruited well. In the situation we are entering we will need much more proactive thinking.

The point about the youth academy is central. Firstly as they could allow us to show profits very easily. We could easily turn in 40 million on Ross Barkley for example. Also the wages they are paid tend to be a little bit less, certainly in the initial period than more experienced squad players we bring in. I would like to see a squad of 22-23 first team senior pro’s and the rest of the squad made up of younger players (this can be re-assessed once we are in Europe). For me this has to be a central part of the DOF mandate and why a DOF needs to be employed.

Of the figures you are talking about I am not sure we will bring in 5 120k p/w players. I would be delighted if we did but at this stage I’d be happy with 1-2 of them and probably 3-4 on half that wage. If we analyse that we already save 180k p/w or 9 million per year.

Likewise I don’t think you can underestimate the loss of Howard/Osman/Peinaar & Hibbert. I would imagine that’s 200k off the wage bill there. If we are bringing 5 players in already I can’t see us signing replacements for those players they will come from below. Even if we sign 1 and assume we give wage rises to 4 young players of 15k per week each and our spend is say 100k we are saving another 5 million on your original figures. (Total at 14 million).

I would say, the likes of Lennon, Cleverley, Gibson, Kone & Oviedo we should listen to offers for. Maybe we will show a bit of profit there (on Cleverlkey mainly) of possibly 5 million. I would again estimate that we would be losing 10 million off the wage bill. That takes us close to 30 million saved on your original figures.

Of course we may need to buy another couple in but suddenly through taking big decisions you can close the gap without the sale of Stones.

What is says to me clearly is we need competent people at each bit of the board displaying “joined up thinking” of which the manager is part. In the past we’ve had neither of those things. We’ve had clueless members of the board with no idea how to grow the brand and managers who grew increasingly resentful and entrenched.

I would say there are 5 key aspects that Moshiri was looking to overhaul;
1) New manager
2) New DOF
3) New ground
4) Increase clubs none TV related revenue streams
5) Improvement of playing squad

They are all linked and so far we have only attained 1 of those. We are starting from a very low base which is a negative as we have fallen behind but also a positive as there is a lot of improvements that can be made quite quickly.

Anyway thanks for the post. It just illustrates to me the importance of getting a top draw DOF in.
 
Just to clarify @The Esk the entirety of money the club receives (after all of those smaller percentages of the fee are spread out and everything else) the full money we receive can count towards our funds regardless of what we paid for the player?
 
Looking at two season tickets in the lower gwladys, the only two available say 'obstructed view'. Anybody know what the view from Row LL is like? seats 0095 and 0096

Sat behind Goat mate.

image.webp
 

Just to clarify @The Esk the entirety of money the club receives (after all of those smaller percentages of the fee are spread out and everything else) the full money we receive can count towards our funds regardless of what we paid for the player?

No mate, just the profit.

So for example we bought player X two years ago for £12 million on a 5 year contract. That player's book value is now £7.2 million because his value is depreciated in a straight line across the term of the contract.

We sell player X for £18 million. The profit on the player is £10.8 million which would be added to the non broadcasting income. We can use that income for total salary increases.
 
There's a lot of people in here who are letting the billionaire tag go to their heads. Don't turn into a bench of melts, or if you have to at least wait until we've spent £100m odd and get Europe off the back of it. Even then you'll all still be melts though. Just fly quietly and humbly under the radar, and let good things come our way without developing an ego. We know we're a boss sleeping giant who has deserved better than the plucky tag and the dirge we've been served up the last 25 years, but success won't come overnight either and those turning their noses up at Mata are utterly mental and have very short memories (like most modern footy fans), you'd be been wetting yourselves at the thought of
Mata when Pembridge was running our midfield. Stay classy lids.
 
Looking at two season tickets in the lower gwladys, the only two available say 'obstructed view'. Anybody know what the view from Row LL is like? seats 0095 and 0096

Last season I sat in block GT3 row GG seat 0091 which was an aisle seat and it was decent just above the goal level and under the upper Gwladys so didn't get wet

LL shouldn't be to bad but I avoid being to far back because once people stand up you can't see the park end goal, there was a post to my left in GT4 which didn't really effect me but I'm presuming it may be right online with seats 95 -96 (if the numbers go that way)
 
No mate, just the profit.

So for example we bought player X two years ago for £12 million on a 5 year contract. That player's book value is now £7.2 million because his value is depreciated in a straight line across the term of the contract.

We sell player X for £18 million. The profit on the player is £10.8 million which would be added to the non broadcasting income. We can use that income for total salary increases.

Presumably then, the longer we keep Lukaku, the greater the profit due to his 'book value' deterioration. He signed for 5 years didn't he? So depreciates at 5 and a half million each year, meaning his current book value is about 17 million.
 

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