When he transferred the debt to himself so now we don't pay interest.
Not strictly true, the players that Smith initially brought in with the DJ Spuddles money, were far superior to nearly everyone of the duds that Koeman brought in.
The only really bad flop was John " gel head " Collins.
It was only after Johnson stopped the finances that things started to go bad.
roydo
in memoriam - 1965-2024
So. Making the assumption your link is a bit accurate, thats £90m invested. The club needs running, the players need paying, and the litany of managerial hiring and firing needs paying, The land at the docks has been either paid for, or secured.
The well isnt an everlasting one, obvs, but to say he has not committed a few bob is plain daft.
That said, the wider reason why he has is very much up for debate.
roydo
in memoriam - 1965-2024
We haven't but we also haven't had the net spend either. 310m doesn't translate to a net spend of 90m when TV money has also gone up by a staggering amount.
Unless it is being used off the pitch for the stadium but I don't think Moutsgoat is saying that.
The numbers are way off. They aren't even close. Had he said paid of the debt and an extra 50m I might have believed him.
Exactly and what I'm saying is his first step if he plans on pulling out would be to renegotiate those terms.
But look I don't think he has any near term plans to do that so its a mute point.
davek
Player Valuation: £150m
£190M worth of players sold since he arrived here.
£230M spent on players.
£80M increase in tv cash x last two seasons.
The feller's spent nothing of his own. Only thing he's done is buy shares and debt which he can convert to shares.
He's a grifter.
It's more like 90m net spend. 80m extra TV money. 20m improved commercial deals.
That's assuming we aren't planning on paying for these players over a number of seasons.
Our operating costs would have had to have gone up by a staggering amount if the theory of Moshiri the sugar daddy is even remotely true. Given half our squad is youth players I don't see how that could be true.
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Since Moshiri’s arrival Everton have spent almost £277m on 18 players. They were the fifth-highest spending club in Europe last summer at £149.1m and, according to CIES Football Observatory, the sixth highest spenders across the continent over the past two transfer windows.
davek
Player Valuation: £150m
It feels like we've spent loads - and we have - but the sale of players in such a short space of time has been unprecedented.
Your kidding right?
Everton selling its better players is so far from unprecedented its unreal.
Stephenlloyd
Player Valuation: £40m
And raised about 160? From sales
120mil over 4 windows in 2 years, at today’s prices. Is not a fortune.
Obviously we all wish it had been spent more wisely.
Yeah, its only more than 99.59857% of the football clubs in the world.
Exactly it sounds a lot but prices have roughly doubled in the last 2 years.
Crazy amount of money both going in and out however the standard of player and relative cost is still roughly the same as during the Martinez tenure.
City didn't just luck out with who they got as their new owner but also the timing when they got it.
Even an oil rich country would struggle to fund an entirely new squad capable of competing at the very top.
Stephenlloyd
Player Valuation: £40m
We are playing catch up, at the time prices have gone through the roof. Only Spurs have a less expensive squad than us. And there probably isn’t much in it.
We are still behind the other top 5, and miles behind chlease, city & Utd.
The top 6 have been building their squads for years. And have all wasted money. Now most of them team are adding 2 or 3 players season, while we have bought a new squad in 2yrs. We will need to spen another 300mil to get top 4
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