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January Transfer Window 2023

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Neiler said:
It doesn’t reset mate its rolls from year to year, you have to stay within a loss of 105 million for every three year period - you will always be judged on your last years set of accounts and the two previous. When the year moves forward the oldest year dropes out of the assessment but includes the newest. Essentially we have a few years to go, we’re going to be working hard to stay in these rules for a while.

Two things though, 1 the stadium will increase what we make I.e. because we make most our overspend/ losses come down.

2) Uefa are doing away with their model of FFP and the PL will to. PL one is similar to Uefa.

Uefas new model is you can spend 70% of what you earn on transfer fees, wages and agents, anything above you are in breach.

The PL are going to do away with their profit and sustainability rules to. They are going to run the same model as Uefa, however PL clubs are going to be allowed to spend more then the 70% Uefa allows, which means clubs in Europe can spend 70% - like City, while we - not being in Europe can spend more. In the initial stage you will be allowed make a loss of 40 mill, so our budget would be about 180 mill to start with, we dont know when the rules are going to be brought in for the PL just yet, but be soon - they’ve already been agreed by the clubs and announced.
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This is a good post.

The year dropping out and being replaced by 22/23 was a 107M non-covid related loss. So we don't have any issues this year with compliance as our loss before transfers will likely be in the 50M region. Given how much COVID related loss we wrote off though, if we spend loads this season and the summer there could be a situation in summer 24 that we are in a bit of bother again, so the idea is to carry on cutting excessive costs (Doucoure and Mina for example costing £25M/season between them).

Its been mentioned as well though- another main issue this winter is lack of actual cash in the bank. Moshiri isn't ploughing millions into the side anymore (whether by choice or simply that he doesn't have it/directing all his money to the stadium)

The new stadium will help though...
 

NeilA1878 said:
This is a good post.

The year dropping out and being replaced by 22/23 was a 107M non-covid related loss. So we don't have any issues this year with compliance as our loss before transfers will likely be in the 50M region. Given how much COVID related loss we wrote off though, if we spend loads this season and the summer there could be a situation in summer 24 that we are in a bit of bother again, so the idea is to carry on cutting excessive costs (Doucoure and Mina for example costing £25M/season between them).

Its been mentioned as well though- another main issue this winter is lack of actual cash in the bank. Moshiri isn't ploughing millions into the side anymore (whether by choice or simply that he doesn't have it/directing all his money to the stadium)

The new stadium will help though...
Click to expand...
Honestly, wildly ramping up the spend while the revenue increase was a few years away was stupid. It was always going to end like this.

I’m sure some increase could have been managed, but the stupid over paying on average players was always going to lead to this point.
 
Bluestar said:
Honestly, wildly ramping up the spend while the revenue increase was a few years away was stupid. It was always going to end like this.

I’m sure some increase could have been managed, but the stupid over paying on average players was always going to lead to this point.
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I see three or four key spends - mixture of bad planning and bad luck- the first spend in 2017 wasn't well planned and loads of money wasted. The team quickly needed reshaping. Loads of money on average players

That winter, we spent the best part of 50M in transfer fees and added 10M per year to the wage bill with Tosun and Walcott. Both left for free. Another 80-90M or so down the drain for a dozen decent performances.

The third was after Gueye left, we bought three midfielders to replace him. Delph, Gbamin and Gomes for >50M and 10-15M extra on the wage bill. All three were crippled by injuries over the following season(s), and we ended up bringing in Allan and Doucoure in to get immediate improvement. Both will have finished their Everton careers by this summer having cost everton 75M or so. Bad strategy buying players with no sell on value when we were in that situation.
 

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