to a point ,i agree. however, had we invested in the ground over a sustained period, this would have paid for itself, given we were successful enough to attract people through the turnstiles. this is my point, while other teams were investing in grounds and such(utd,villa etc) we didn't. and now find ourselves in a position where we need a new ground(despite losing the opportunity of TWO, one bad one good) . a classic case of poor stewardship,(which is why i despair at matt and his villa fixation). and the reason i don't trust the current custodians to move the club forward, eleven years of stagnation is not a good selling point.
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to a point ,i agree. however, had we invested in the ground over a sustained period, this would have paid for itself, given we were successful enough to attract people through the turnstiles. this is my point, while other teams were investing in grounds and such(utd,villa etc) we didn't. and now find ourselves in a position where we need a new ground(despite losing the opportunity of TWO, one bad one good) . a classic case of poor stewardship,(which is why i despair at matt and his villa fixation). and the reason i don't trust the current custodians to move the club forward, eleven years of stagnation is not a good selling point.
milks
I hate football
Agree. The ground is the key to everything. Possibly even the key to Robert Earl's billions.
Matt Damon
Player Valuation: £60m
But you can despair all you want, but we're comparing real world examples, where you've claimed one is poor stewardship which to a point is correct (continuous non investment in Goodison)
with a disastrous stewardship at Villa that's taken debt to new levels and this in despite of a fully fitted stadium, which is leading to them struggling as a club at all levels.
Don't pick and choose examples in isolation to suit yourself.
matt, look at the bigger picture, who would be more likely to be sold?villa or us? yes villa have overspent, and it may take a couple of years, but if they get someone like moyes, who can spot a bargain or two, they could still overtake us. they have the ground, we don't. they have finance, we don't.(yes they have debts, but i bet they would get loans quicker than us) they have a pro-active owner,WE DON'T.
Matt Damon
Player Valuation: £60m
You are just not getting this.
Villas debts are getting to a level where no they can't. Even with a stadium its not big enough to make the difference to turn it around financially quick enough.
Equally you're underestimating the potential profitability of Everton and long term value of the club.
This is the point.
Your view is skewed by recent history and what you see as failure causing you to think that this will always be the case.
The only proactive thing Lerners done is got them proactively into debt.
Our board still are yet to realise their profit margin won't be what they hoped for. That's the proactive thing this Everton board need to realise and get on with stadium redevelopment urgently. Or sell up to those that have the means quickly.
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Loving this sh*t.
at last, of course my view is is based on "recent history". what,in the name of all thats holy, should i base it on?
blue bill? why? because he stood in the boys pen? hes a successful theatre impressario? . NO
philip green? why?
earl? why?
in my mind these are the equivilant of the three stooges, lurching from one mistake/missed opportunity/fiasco , to the next. villa, and lerner, for all there faults, invested in the team(and before you start, LOANS,yaddah...) the fact is the money was spent on PLAYERS, maybe badly, we are taking out loans, against future season tickets sales and sky money, to stay in business, WE HAVE NOT INVESTED IN PLAYERS IN 5 FIVE ,SEASONS. . you can say what you like about other teams, but until youstart talking about another premiership side with the same level of investment as us, its moot.the only fact i care about is how badly this club has been, and still is,being run.its a pity you don't turn your obvious business acumen to the problems at OUR club, maybe you could tell the aforementioned three stooges where they are going wrong.
Chang Elephant
Forum God
Mwaitkti Dwahmoorne
Mat Damon itk ...........?
Mat Damon itk ...........?
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BlackToffee
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Didn't we break our transfer record three years in a row. Or was that some hollywood dream?
yes, name the years though. in recent years we have had a net spend of ZERO.
Matt Damon
Player Valuation: £60m
INVESTMENT?
What like BAD INVESTMENT like Villa's £140million of debt ?
Or Reasonable Break Even INVESTMENT like Everton's £47million?
The latter of which we can turn fairly easily to profitability. The former cannot but cut cloth.
"INVESTMENT" is banded around on here like the Holy Grail. The fact is there is MANY FORMS OF INVESTMENT.
And not all investment is equal.
Most doing the spouting assume Investment = GIVING of money
More often Investment = Loans (repayment of money plus interest) - such as in Villa's case.
Therefore, don't confuse INVESTMENT for bad INVESTMENT on terms the club wouldn't cope with.
Matt Damon
Player Valuation: £60m
Net spend of ZERO = balancing of the books.
SINCE WHEN WAS THAT BAD MANAGEMENT? FFS
That's the bare minimum of GOOD management. Even better if that is turned into a YEARLY PROFIT (i.e. incomings > outgoings).
That is all down to infrastructure. Where "INVESTMENT" needs to be ploughed into (redevelopment) to make the club's turnover increase so incomings >> outgoings - but on terms the club can afford.
Note: That doesn't mean that "shared stadia" are the way to go, because that would undermine future "investment" that could be saught and would have a higher cost base, and also would limit Everton into a certain NON-PURPOSE BUILT stadia which would hamper turnover.
its the lazy way out of dodging the Infrastructure issue.
SQUARE THE CIRCLE lad. SQUARE THE CIRCLE
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ffs, explain why we are using " good" investment,
is it buying players? NO
is it paying for ground improvements? NO
it is paying interest on previous loans, how , and in what universe, is that GOOD investment?
face facts, this board is a busted flush,
no working business plan
no POSITIVE investment.
no fresh ideas.
no energy
no use at all.
your obsession with villas debt, while interesting to a point, fails when viewed against the mass failures of our board. as i have said SO MANY TIMES, we do NOT need billions or even tens of millions to spend, we have a manager who can work with limited funds, i just want him to have a REASONABLE TRANSFER kitty over a couple of seasons, this would not need the scale of villas net spend, just a bit more than tranmeres would be nice though, just take of your superman/headmasters uniform and understand what people are saying.
is it buying players? NO
is it paying for ground improvements? NO
it is paying interest on previous loans, how , and in what universe, is that GOOD investment?
face facts, this board is a busted flush,
no working business plan
no POSITIVE investment.
no fresh ideas.
no energy
no use at all.
your obsession with villas debt, while interesting to a point, fails when viewed against the mass failures of our board. as i have said SO MANY TIMES, we do NOT need billions or even tens of millions to spend, we have a manager who can work with limited funds, i just want him to have a REASONABLE TRANSFER kitty over a couple of seasons, this would not need the scale of villas net spend, just a bit more than tranmeres would be nice though, just take of your superman/headmasters uniform and understand what people are saying.
orchard
Player Valuation: £60m
Sorry to be a 'tard like, but what's going on here please? Is it that Mat reckons our club could be a lot worse off comparatively, but needs to invest in fundamental infrastructure, if anything; Sirblue57's demanding that our directors need to cough up some reddies for the squad, whatever the long-term cost, in order to sign up to Mat's Step Programme; and milks needs a new telly?
Thanks in advance.
Thanks in advance.
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