we need this swerving
to compete ffs
to compete ffs
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This is poor perspective. Chelsea were already in a position where they had hoarded 30-40 reserve players that they could sell for massive fees. Lukaku, zouma, bachuayi. These types of players they just signed for cheap and sold to make a profit. Everton never had anything near such a luxury. We didn't have any assets to sell.Everton have a higher net spend over the last 10 years than Chelsea do so if we'd have spent that money better we could have had a team competing on the same level as Chelsea. Getting in to the so called top 6 isn't just about being able to spend the most money, it's about spending your money correctly. Everton have just had a relegation battle and huge financial losses because they spend lots of money very, very poorly.
Sounds like a good decision by the Chelsea management team to develop youth players and buy young up and coming players that they could sell at a profit. By managing the club well they put themselves in a strong position. There was nothing stopping other clubs from doing similar other than the decision of the management team to either invest or not invest in youth and young playersThis is poor perspective. Chelsea were already in a position where they had hoarded 30-40 reserve players that they could sell for massive fees. Lukaku, zouma, bachuayi. These types of players they just signed for cheap and sold to make a profit. Everton never had anything near such a luxury. We didn't have any assets to sell.
Up there with Space Corp Directive 34124 - No officer with false teeth should attempt oral sex in zero gravityFA Rule E20
That no spectators or unauthorised persons are permitted to encroach onto the pitch area, save for reasons of crowd safety
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Look at the first line of my post. "over the past 10 years". Even if Chelsea had a head start do you not think 10 years of spending is long enough to try and replicate a business model that seems to be working for one of the top 6?This is poor perspective. Chelsea were already in a position where they had hoarded 30-40 reserve players that they could sell for massive fees. Lukaku, zouma, bachuayi. These types of players they just signed for cheap and sold to make a profit. Everton never had anything near such a luxury. We didn't have any assets to sell.
So American's are communists?follow the American model where all teams pool in their annual revenues in order to redistribute it equally, which means that all teams receive revenue that equals the current salary cap.
Very basically, you are only allowed what to spend what you earn. However it gets much more complicated very quickly because there are a lot of things which don't count in expenditure, either wholly or partly such as academies, womens teams, infastructure, and most complicated of all - Covid losses.Can someone who is knowledgeable about this ease shed some light.
I get the basics and I understand the revolving losses over 3 years. I also understand it's based on commercial revenues and young player sales that acts as a multiplier for spending limits.
But what does transfer fees and wages have to do with it? Is it both that needs to be considered
I thought we have just let go a few players on some pretty high wages, delph and Voldemort. So before there is any sales whatsoever. Are not immediately in a better place in terms of wage bills? Therefore room to spend/sign? I know not by alot but surely the conclusion of those contracts means something
Nice in theory, but would the money go to a relegated team or the newly promoted team? And should all 4 divisions pool revenues or all be separate? If it goes to the promoted team, how would the relegated team manage next years payments?follow the American model where all teams pool in their annual revenues in order to redistribute it equally, which means that all teams receive revenue that equals the current salary cap.
I agree to some extent that it could have been done better by the club with a different model. But with that Chelsea example the point your not getting is that Chelsea when they were taken over by abramovich were allowed to spend and spend and spend and they instantly bought the best world talent. City found it a bit harder but inevitably were allowed to spend until they got it right. We had no such luxury.Look at the first line of my post. "over the past 10 years". Even if Chelsea had a head start do you not think 10 years of spending is long enough to try and replicate a business model that seems to be working for one of the top 6?
If buying cheap young talent then selling them for huge profits is a successful business model then Everton have had as long as any other club to implement that strategy.
The reality is that they've over paid for established players, over paid on wages and rarely sold for a profit.