davek
Player Valuation: £150m
Where there's a will, there's a way.People are getting confused about the difference on FFP and STCC a lot here, there is no chance on earth we will fall foul on FFP - over the next 3 years we could have a net spend of something silly like 250m and still comply with it - the massive money flooding into the prem almost assures no club will get mucked up by it these days.
The limiting factor is nothing to do with European rules it's all about the premierships own rules to avoid the TV money being entirely pumped into a teams wages and (in theory) to stop clubs going bust if the bubble bursts etc. Which means that on the current wages paid (if over 67m per annum) a team is only alowed to increase by 7m per season on that total, unless it increases revenue from either it's own increased commercial deals (not including TV money etc) or by showing a profit on player trading on any player sold (doesn't factor in p[layers your buying) but just factors in what you bought the player your selling for, what he is sold for and how much of his initial fee has amortized down to - which it does over the length of their contracts - so McCarthy is valued at 6-7m atm, Niasse at about 12.5m - Cleverley at nothing, Mirallas as about 1m etc etc etc
Nothing to stop Moshiri tying up commercial deals with his own group outside EFC and boosting the club's commercial income that way to provide wriggle room on wages. City did it a couple of seasons back and I'm sure it's a tactic adopted elsewhere. Also, IIRC, Everton's wages as a % of turnover is dramatically increased by outsourcing services. Again, that's something that could be looked at if squad investment were a priority.