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Everton Summer transfers 2021

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Bluestar said:
Rondon was good for them. He was a tough opponent.

Given that money for purchases is tight and we need a second striker, he is certainly an option. There will be others, including looking at Simms or Dobson?
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Benitez will almost certainly won't be looking at the youth academy Simms,Dobbin or anyone else
 
Neiler said:
I make it we are breach mate, but it’s harder to work out than normal given Covid and likely the PL clandestinely relaxing the rules - essentially Paul Joyce reported that the clubs unanimously voted to relax the stringeny of the three year period, while they also voted to write off loses attributed to Covid. So we’re not quite sure what the boundaries are.

First thing to say, our financial year ended in June so 20/21 is done. Anything we buy/sell/wages saved goes into next year.

Presently our projected losses are

17/18 = - 13 mill
18/19= -111 mill
19/20= -139 mill
20/21 = - 175mil - accounts not out till Dec, so a projection.

So total losses of: 282 mill

We are allowed allowances for things like women’s football, community development, Youth development, Covid: I think over the period, we can write of about = 110 million.

So were about 70 odd million in breach. There are however BMD costs at some stage that will be capitalised, reported to be 60 mill so that brings us down to 110 million.

As some of the above are projected figures and given the Covid situation ( I factored in 50 mill), I doubt we will see any sanction for a breach, while I think some clever accounting will see us in under the 105 mill deadline. So ultimately we won’t be sanctioned.

However as the above figures show, the club is loosening money hand over fist and it’s growing year on year.

We have three options to cover the losses:

1. We borrow, very dangerous and unsustainable, we already have utilised 80 mill in credit facilities.

2. We sell players, we know we’re terrible at thst.

3. Moshiri picks up the tab, this he has done up until now, half the new share issue was the cover some of the losses above, the other was to start the 1st phase of BMD. Whether he goes again to fund this window, let’s see, early indications are we are bargain basement it, but he may fund some big signings. The problem isn’t transfer fees it’s wages. If you spend 100 mill on players, you are taking on 40 mill on wages and as the above shows the business can’t afford to take on those wages without making continued and growing annual loss, something will give.

So how much do we have to spend this summer, likely we will get away with PL rules. We’re at the limit. The company is loosening money hand over fist, growing year on year. It’s likely down to the owner as to how much he wants to continue to fund the annual loses at the club, whether we spend a lot, as you see though above the picture is detiorating year on year and is it good money after bad? With a ground to fund after dropping the guts on half a billion already? The business itself is a basket case in conventional terms.
Click to expand...

Shows how better the accounts will be next year really:

USM Naming Rights deal of £20-30 million or so in pay

James/Siggy/Tosun/Delph/Benard/Kenny all off the books

Add in a potential departure of Richarlison we'll have some dough to spend just this summer we have to be careful as you say.

Shows why we could do with getting Kean out the door this window.
 
ForeverBlue92 said:
Shows how better the accounts will be next year really:

USM Naming Rights deal of £20-30 million or so in pay

James/Siggy/Tosun/Delph/Benard/Kenny all off the books

Add in a potential departure of Richarlison we'll have some dough to spend just this summer we have to be careful as you say.

Shows why we could do with getting Kean out the door.
Click to expand...

No USM factored in already mate, unless your talking about them buying the rights for the new ground. The club as a business is loosening significant money, the saving of wages won’t make that much of a difference, as you need replacements, that comes with similar wages and a transfer fee.

It doesn’t matter if the owner continues to fund, I think Abromovich has pumped a billion into Chelsea, but we’re utterly dependent on him or in trouble if he wants to contribute less at some point.
 

ForeverBlue92 said:
Rondon would be a steady eddie back up forward we've needed for a while tbh. Strong, good hold up play, decent in the air - Giroud Lite really to be thrown off the bench to try grab a goal.

Could do much worse - see Niasse, Toshun, Kean, Sandro.
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agree certainly when you see players like DCL and Richarlison having dips in form last season (even though DCL had his best season ever).

Add to "could do much worse": King (not rated by his manager) and having no striker at all on the bench.

I know Rondon would be not so inspiring but on a free/1-2 year deal i would take him
and give Simms time to develop.
 
ForeverBlue92 said:
11 in 32 for Newcastle so just under 1 in 3.

He suited Benitez system very well. You also have to factor in how many top level strikers are coming to Everton to sit on our bench? Not many which means punts abroad on potential Tosuns and Sandros of the world.
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I thought you wanted Tammy Abraham to "push" DCL. Now you're happy to leave him unpushed. What changed in the past 48 hours? Has fiscal reality finally struck you?
 

Neiler said:
I make it we are breach mate, but it’s harder to work out than normal given Covid and likely the PL clandestinely relaxing the rules - essentially Paul Joyce reported that the clubs unanimously voted to relax the stringeny of the three year period, while they also voted to write off loses attributed to Covid. So we’re not quite sure what the boundaries are.

First thing to say, our financial year ended in June so 20/21 is done. Anything we buy/sell/wages saved goes into next year.

Presently our projected losses are

17/18 = - 13 mill
18/19= -111 mill
19/20= -139 mill
20/21 = - 175mil - accounts not out till Dec, so a projection.

It gets a bit convoluted with Covid rules as the take an average from 19/21 in terms of losses and group the years together so our average loss in those years is 157 mill, rather then the headline losses above those years.

So total losses of: 282 mill

We are allowed allowances for things like women’s football, community development, Youth development, Covid: I think over the period, we can write of about = 110 million.

So were about 70 odd million in breach. There are however BMD costs at some stage that will be capitalised, reported to be 60 mill so that brings us down to 110 million.

As some of the above are projected figures and given the Covid situation ( I factored in 50 mill), I doubt we will see any sanction for a breach, while I think some clever accounting will see us in under the 105 mill deadline. So ultimately we won’t be sanctioned.

However as the above figures show, the club is loosening money hand over fist and it’s growing year on year.

We have three options to cover the losses:

1. We borrow, very dangerous and unsustainable, we already have utilised 80 mill in credit facilities.

2. We sell players, we know we’re terrible at thst.

3. Moshiri picks up the tab, this he has done up until now, half the new share issue was the cover some of the losses above, the other was to start the 1st phase of BMD. Whether he goes again to fund this window, let’s see, early indications are we are bargain basement it, but he may fund some big signings. The problem isn’t transfer fees it’s wages. If you spend 100 mill on players, you are taking on 40 mill on wages and as the above shows the business can’t afford to take on those wages without making continued and growing annual loss, something will give.

So how much do we have to spend this summer, likely we will get away with PL rules. We’re at the limit. The company is loosening money hand over fist, growing year on year. It’s likely down to the owner as to how much he wants to continue to fund the annual loses at the club, whether we spend a lot, as you see though above the picture is detiorating year on year and is it good money after bad? With a ground to fund after dropping the guts on half a billion already? The business itself is a basket case in conventional terms.
Click to expand...
Thanks for this, excellent post.
 
ForeverBlue92 said:
11 in 32 for Newcastle so just under 1 in 3.

He suited Benitez system very well. You also have to factor in how many top level strikers are coming to Everton to sit on our bench? Not many which means punts abroad on potential Tosuns and Sandros of the world.
Click to expand...
Agreed. I remember Andy Gray coming at the end of his career to play with Graham Sharp. There is a place for them. The trick is to have the next player at 19/20 at the club now to replace them in two years when they leave.
 

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