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Everton Summer Transfer Thread - 2022

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ForeverBlue92 said:
That £70 million "loss" wont include any covid losses & stadium costs that we'll try offset so it wont be that bad either.

@Neiler That correct sir?
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Posted this in the Richarlison thread on Weds mate, id probably knock 10% of given we are likely to get 50 mill up front for Richarlison as opposed to 60 mill:

Neiler said:
The dynamics of this deal are going to be interesting, looking at it from an Everton welfare point of view and the scope and meaning for us.

Say we accept £60 mill, his book price is 14 mill, in accounting terms that means we make a £46 mill profit, if Watfords 10% of the overall deal is true that means we make £40 million net in profit - not that great when you consider our innital outlay on him.

How much scope does it give us in the window, i think its important to remember this is profit but not necessarily profit for transfers, how much we actually have to spend depends on the scale of our losses as a club, we made £120 mill in losses in out last set accounts, likely at the end of this financial year its somewhere between £50-70 mill, so that £40 million comes of our losses if received today or tomorrow. So you then apply £10-30 odd mill loss to FFP, and you may have 20- 30 odd mill mill scope to play with for new transfers. Other good news is we have cleared about 30 mill in wages and costs to take on new players in the new financial year (42 million if Richarilison goes).

Its important to remember, that £10-30 odd million budget isn't net i.e. money coming in and money coming out (it is in real terms) but from an accounting and regulatory point of view deals are looked at from a multi year point of view.

For example, our three highest earners: Mina costs 11.9 million pre year, Gomes 10.5 mill, Sigurdsson 14.10 - so that's under a budget of 35 mill in costs annually. The rub is you have to pay that every year of their contract, so you need to make sure you have the budget next year to, your adding 35 million to your cost base every year.

Its why i dont think a deal of 60 mill is that good for Everton, certainly for the worth and value of the lad to us - not to mention strengthening a rival.

That's my take anyhow @Zatara will have crack now in a second!
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I ran some numbers on wages and ammortisation and the last three windows including this one i think we have shaved 85 mill of the wage/amortisation of the wage bill - though we took on Demari, Myko, Dele Townsend and Patterson etc.
 


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