I normally agree with most points you make but when 'newspapers' and ITK's, not accountants say a club has a £100m warchest to spend they're talking about the amount available for transfers.
As it stands, so far, everything we have spent up until this point is covered by the sale of Stones + extra TV money. We should have money still available just from TV money alone. It's looking doubtful Moshiri will have invested any of his personal money, other than clearing our debts by the end of the window unless we make a big signing or sign more players than seems likely.
Hope I'm wrong, but I don't think shifting the goalposts, to try and make out that £100m warchest included everything inclusive and on top of transfer fees is justification for saying we did have that amount available.
Mate that's not me that's written it it's from the guardian article Mout qposted a few pages back, as I said.
I never believed the £100mil 'warchest' - and that has been my stance all along (anybody who has enough time can check should they so wish) since the beginning of the window.
I believed Moshiri invested heavily in the club as an overall project (probably around £100mil). Part of that was to pay off debt, part to go to the new stadium plans, part to go towards coaching staff/Walsh, part transfers.
The inclusion of the share purchase is pushing it a little, the fact is, nobody has a real clue regarding the state of play with regards the clubs cash flow, things like Manager compo and player purchases defo comes out the clubs kitty, as for the land purchase its very much only hear say and who knows if the club also paid for that? Our accounts werent in bad shape, we posted a 28m profit last accounts if my memory serves me right, coupled with the 40-50m increase in Sky funds, plus 2 months in wages we saved with regards losing Howard et al.
As im just saying its wrong to imply Moshiri has spent a vast sum, when in reality its possible to do everything we have done this summer so far very much in the clubs own means.
Sorry, didn't realise.
I guess the most important thing in the long run is the new stadium progressing and at least now we have a good manager and support team in place. Hopefully it'll move forward quickly.
I've got a nasty feeling that a few of us are going to be a bit underwhelmed come the end of the window. Mostly due to all the hype about us having loads of money.
Having said that I still think the team will be much improved on last season due to signings and just having a competent manager who can motivate the players and employ good tactics will get us competing around the European places.
Fair enough, take the share price out (as that was the first investment needed)
Just a question though mate, had no investment come in prior to this window, and we'd sold Stones for the same money, do you think that ALL of that (plus more) would have gone into paying for new players.
Or do you think some of it would mysteriously have disappeared?
An honest question.
Witsel, Carvalho an Mata.......... lollollollollollollollollollollol
Remember they were ours...!!!![]()
I think you got the wrong impression, im very much pro-Moshiri, he will long term be the best thing thats happened to us, theres no doubt that was he not here the Summer would have been very different and I still believe we will spend a load of cash in the next week.
I just dont think its fair to add his share purchase on to "things hes done for Everton", its heavily rumoured hes paid off all the debts and im had the believe that the 100m kitty was a myth, I think Ronny was given a blank cheque, providing Stones was sold.
Theres a week left, if we dont make some serious moves my belief will shake a little, but its currently still there.
The inclusion of the share purchase is pushing it a little, the fact is, nobody has a real clue regarding the state of play with regards the clubs cash flow, things like Manager compo and player purchases defo comes out the clubs kitty, as for the land purchase its very much only hear say and who knows if the club also paid for that? Our accounts werent in bad shape, we posted a 28m profit last accounts if my memory serves me right, coupled with the 40-50m increase in Sky funds, plus 2 months in wages we saved with regards losing Howard et al.
As im just saying its wrong to imply Moshiri has spent a vast sum, when in reality its possible to do everything we have done this summer so far very much in the clubs own means.
Fair enough, take the share price out (as that was the first investment needed)
Just a question though mate, had no investment come in prior to this window, and we'd sold Stones for the same money, do you think that ALL of that (plus more) would have gone into paying for new players.
Or do you think some of it would mysteriously have disappeared?
An honest question.
On top of that mate would add the following
He spent 85m on buying 50% of the club - yeah but he owns that 50% now as an equity and not given it away to the fans like
Paid of club debts etc - all well and good, but those debts etc where factored in and affected the price he paid for the club - he'd have paid more for his shares should the club have been debt free for example, so really by paying off debts he has increased the value of his shares effectively - so yet again not a selfless act but rather one that icnreases the value of his company
Cladding costs etc - all about making the club more commercially friendly for any additional sponsors really - so again not anythign that doesnt increas ethe value of his company etc
Land purchase - if thats coming out of money for transfers etc, then sure as [Poor language removed] we are gonna be screwed when it comes to paying for the stadium as we are looking at 400m or so minimum that will go into the stadium rather than transfers - which would be an ominous portent as to future incomings and outgoings