Thankyou for the responses.
I'm sorry but you're wrong, and I'm sure any Villa fan will back me up. I don't think you understand the term sell to buy, under Doug Ellis we had to do so, just look at the net spending we had to do then, but now Lerner has come in due to money coming in from his own pocket (a lot of which won't be loans), and the increase in TV revenue doesn't mean we have to sell to buy. By pointing losses out like above, you can do that to any club in the country, I know we have our debt but almost every club in the league has one and the important thing is that we can afford to pay it off short term. If we weren't able to do so like our rival Birmingham City then of course there would be very limited funds and we'd have to sell players.
(I was going to post a link but not allowed
However on May 19, the guardian did a good article on the set of accounts at each club, our turnover was 84m and our wage bill was 71m.)
Here is a good link, and you will be able to see Evertons situation too. Not sure where you got that 37m loss from before player trading though?
As others have mentioned we have already released 10 players, this has already recouped about 80k a week. We then have players to offload such as Beye on 40k a week, Warnock on 30k, Heskey on 50k :blink: etc... Not all might sell but we should lose most of them. We will also be a lot more careful with our money, Lerner foolishly gave O'Neill full control over the wages meaning he gave big contracts to average players he barely played, and this was a big mistake.
Regarding borrowing money when losing players off the wage bill, well yeah every club will borrow there money off the owner to do so but it will be paid back a year later and of course interest free.
I didn't want to go too off topic as this is an Everton forum of course, but all I wanted to point out is that we're far from skint and if Moyes was join us money would be there. But that would be the only reason for him to come.