Everton Summer transfers 2021

[stretford blue]

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.

Would you be happy with Andy Carroll signing

 

[windymiller]

Depends what we are looking for in a forward tbh, Hwang is more of a creative second striker type than an out and out goal scorer.

0 league goals in 20/21 support this analysis.

 

[ForeverBlue92]

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?

Would love Abraham but the more you think about it the more you think firing crosses into him wouldn't really work.

Ancelotti/Benitez tend to play with big physical CF's who can hold the ball up / get on the end of crosses.

We need to stop thinking about players who are great but don't necessarily suit our style otherwise you end up with Moise Kean failing to play the lone striker up top.

 

[Brett Angell Delight]

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.

Excellent post mate, thank you.

What will be interesting, I suppose, is seeing what proportion of PL clubs are close to or over the threshold. The PL won’t cut its nose off to spite its face in terms of enforcing FFP in its current form if it means cutting off would-be big spenders at the knees and damaging “the product”.

 

[stretford blue]

big physical CF's who can hold the ball up / get on the end of crosses.

Newcastle have just released that said player

 

[Simon Buttle]

0 league goals in 20/21 support this analysis.

Yeah he did score goals at Salzburg and just does'nt seem to have settled at Leipzig only started 3 games and was mostly on the bench, I think @Nymzee said that Nagelsmans formation just did'nt really suit him.

 

[Noisy noise annoys]

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.

Great post

 

[Neiler]

Excellent post mate, thank you.

What will be interesting, I suppose, is seeing what proportion of PL clubs are close to or over the threshold. The PL won’t cut its nose off to spite its face in terms of enforcing FFP in its current form if it means cutting off would-be big spenders at the knees and damaging “the product”.

That’s the key point, it’s a PL rule and the clubs can and likely will unilaterally vote to relax things it suits them all! Spurs particularly don’t look great.

 

[DanB90]

Would love Abraham but the more you think about it the more you think firing crosses into him wouldn't really work.

Ancelotti/Benitez tend to play with big physical CF's who can hold the ball up / get on the end of crosses.

We need to stop thinking about players who are great but don't necessarily suit our style otherwise you end up with Moise Kean failing to play the lone striker up top.

I seem to remember his RS teams always having a pacy forward playing on the shoulder (Torres, Cisse etc).

This was about 15 years ago mind, so we’re probably gonna set up more like his Newcastle teams.

 

[Paul Rideout]

Newcastle have just released that said player

Don’t make me find another picture of a bottle of Domestos

 

[ForeverBlue92]

Newcastle have just released that said player

Not many good traditional CF's around these days. Likes of Rondon/Giroud/Dzeko types are few and far between.

One of my favourite strikers in recent years was Pelle at Southampton if you remember him? Big physical lad but actually good with the ball at his feet as well.

 

[OneTrueLegend]

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.

I agree I don't have a problem with Rondon coming in as a back up player, certainly if it means Tosun is leaving and we are getting a few quid back. As long as Dom stays fit Rondon will only get about 5 Premier league games, some cup games and last 10 minutes off the bench

 

[Brett Angell Delight]

That’s the key point, it’s a PL rule and the clubs can and likely will unilaterally vote to relax things it suits them all! Spurs particularly don’t look great.

I think all you’d see, especially from the bigger clubs, if it wasn’t relaxed would be PSG-style two year loans with massive obligations at the end of them. I had originally thought FFP was just for those in European competition but wherever it’s applied it is just not remotely fit for purpose. So open to exploitation, it’s unreal.

I don’t think we’ll curb our spending this summer out of any kind of FFP fear. I think we’ve picked some low-hanging fruit and ticked some squad boxes, and when we get back from the States we’ll likely start seeing a modest (akin to last year) level of outlay to address the glaring first XI issues. All safe in the knowledge that there’ll be some kind of mitigation in the offing at PL level.

 

[Nymzee]

Yeah he did score goals at Salzburg and just does'nt seem to have settled at Leipzig only started 3 games and was mostly on the bench, I think @Nymzee said that Nagelsmans formation just did'nt really suit him.

He got COVID really bad.

 

[Brett Angell Delight]

I seem to remember his RS teams always having a pacy forward playing on the shoulder (Torres, Cisse etc).

This was about 15 years ago mind, so we’re probably gonna set up more like his Newcastle teams.

Yeah I agree; I doubt you go out and start hoovering up chalk-booted wingers to then sign pacey forwards. We’re defo getting set up to pump crosses in to big lads.