Its like everybody is forgetting about the 180m a Season new TV Deal.
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TV money this, TV money that...it won't change anything apart from making relegation/promotion battles even more important and jacking up player wages. You've got to have money of your own, not rely on the drip from others, to have a shot at the league title.
An extra 240m a Season each Club mate.
BirkenheadBlue
Player Valuation: £70m
Long term you may be right, regarding wages etc. Short term it should allow more money to be spent on transfers, until wages catch up with the increased income.
you've got one too many zedro's there, lid.
Financial Fair Play...bwahahahahaha, FA worked their way 'round that one, didn't they.
toffee66
Player Valuation: £8m
FWIW local journos were briefed that £12-15m was available for transfer/agent fees. That was before Moyes went. With compo for Martinez/any staff he brings I'd say £10-12m.
IF (and it is always a big IF with EFC) this is remotely accurate then we could have c.£35m for transfer and agent fees assuming Felli and Jonny go. Assuming a mix of sources/experience and one or two free/bargains in the mix that could easily bring 6 decent first team squad players including a couple of starters to replace the 5 lost (Pip/Hitz/Much also gone). Wages should be OK as Moyes/Felli/Pip/Jonny were/are top earners.
Of course, real life isn't Football Manager. EFC constantly let us down. Martinez is unproven in the market for me. I am sure reality will not live up to the possibility but a little dreamy optimism is part of the mix for most fans b)
IF (and it is always a big IF with EFC) this is remotely accurate then we could have c.£35m for transfer and agent fees assuming Felli and Jonny go. Assuming a mix of sources/experience and one or two free/bargains in the mix that could easily bring 6 decent first team squad players including a couple of starters to replace the 5 lost (Pip/Hitz/Much also gone). Wages should be OK as Moyes/Felli/Pip/Jonny were/are top earners.
Of course, real life isn't Football Manager. EFC constantly let us down. Martinez is unproven in the market for me. I am sure reality will not live up to the possibility but a little dreamy optimism is part of the mix for most fans b)
davek
Player Valuation: £150m
I'd be astounded, absolutely astounded.
Essex Blue
Player Valuation: £10m
Nonsense. Arteta is better than Fellaini, as the Arsenal fans will soon find out. He is a good player, but there are plenty better than him out there, especially in CM and as a striker as well.
BirkenheadBlue
Player Valuation: £70m
I know your thing is being relentlessly negative mate, but why so astounded?
We'll be seeing a BIG increase in money coming into the club over the next 12 months, and have already cut about £160k p/w from the wage bill (with in all likelihood at least another £135k p/w to come off in the next few weeks - that'll add up to approx £1m p/m in saved wages).
It's not exactly out of the realms of possibility that these two things in combination could lead to us having some money to spend.
davek
Player Valuation: £150m
I believe we'll get another window like the summer of 2009 when a similar fee we'll get for Fellaini was fetched for Lescott and we went on a spending spree of sorts. We also got a lot of fringe players out that year too and replaced them with loans and frees. I expect that again. The extra revenue will be banked to pay down debt, IMO. It's just the way these people are.
Looking forward to being wrong on this, btw.
Essex Blue
Player Valuation: £10m
If you aren't a conspiracy theorist and acknowledge the existence of the new TV deal, then one of 3 things will happen:
1. It will go on squad improvement.
2. It will go on paying off debt before it's supposed to be paid off (which makes no sense unless the club is sold, and the only people to benefit will be Kewright and Co).
3. It goes on a load of lawnmowers and Other Operating Costs.
Or I suppose a combination of all 3 could happen. Option number one would be the most beneficial for Everton FC, as it makes no sense to pay off our relatively small debt when our revenue is about to increase by about 35%.
1. It will go on squad improvement.
2. It will go on paying off debt before it's supposed to be paid off (which makes no sense unless the club is sold, and the only people to benefit will be Kewright and Co).
3. It goes on a load of lawnmowers and Other Operating Costs.
Or I suppose a combination of all 3 could happen. Option number one would be the most beneficial for Everton FC, as it makes no sense to pay off our relatively small debt when our revenue is about to increase by about 35%.
Bigger picture mate. If we substantially reduce the debt, we substantially increase the chance of attracting a new buyer with money to spend. Long-term that is WAY more of a big deal than the extra £20m or £30m from the new tv money.
Essex Blue
Player Valuation: £10m
I'm not so sure it does, especially if it is at the expense of league positioning and the general health of the football club which is massively determined by performances on the pitch.
Is reducing the debt by 20million going to make us that more attractive to a buyer if it results in us dropping 5 places down the league at a cost of 5million pound in prize money?
Which would also then make us less attractive to potential new players, and the new owner would then have to invest in squad improvement himself so that we can catch up again (probably through lending more cash and putting us back to square one). And this is all on top of a massive project that includes trying to build us a new ground. I don't think it will make that much difference at all, it would just make us more affordable to an inappropriate new owner.
It would be if it actually happened and the new owner was capable of taking us forward. And if the debt visibly comes down in the accounts then at least we will be able to see what the money has gone on, but the only people to benefit from such a move is going to be Kenwright and Co, and I don't agree that it will necessarily make us more attractive to a new owner (an appropriate new owner) for the reasons given above.
davek
Player Valuation: £150m
I think prospective buyers will just be concerned we our a PL outfit - if the debt's right down I dont think they'd see 11th rather than 7th as a deal breaker. As for league place money: we'd have to slip 7 places to lose out on £5M!
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