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Player Valuation: £70m
We’ve made sizeable profits the past 18 months due to player sales, and over the last 3 years there’s now no way we aren’t in profit. We’ve reduced the wages substantially too and that will no longer be near the 90% of our turnover it reportedly was. The good news is, hypothetically we’d be able to splash the cash again next season as we’d have FFP wiggle room we’ve not had for years. The bad news is that almost certainly won’t happen because of cash flow issues and Moshiri shutting up shop. We need him to sell up basically, and not to serial losers 777.what is abundantly clear is that Everton want to reach a point where they can keep their losses to no more than 105 mil over 3 years to comply with FFP
now Covid is over the impact cannot be used an excused if our rolling losses over 3 years exceeds 105 mil
21/22 accounts showed a loss of 44.7 mil
22/23 accounts will include the money from the sale of gordon
then i assume the 23/24 accounts will include the sales from this window which is looking close to being around 60 mil in players sales with Kean, Simms, Nkounkou, Cannon and Iwobi plus loan fees for Maupay, Holgate the compensation money from Chelsea for the academy player, the sell on clause for Nkouku and the John Stones bonus money for Champions League win
on the books its looking like we should be able to comply with FFP quite easily in the period between 21/22 to 23/24 as things stand
wages have been reduced significantly with the likes of Mina, Sigurdsson, Delph, Allan, Richarlison, Iwobi and Gbamin all leaving the club and the majority of Holgate's wages will be covered by Southampton this season as well then in the summer the contracts of Gomes, Doucoure, Alli, Gueye, Coleman, Young and Gray all expire as well
so far this calendar year the club has made 45 mil from Gordon, 30 mil for Kean, 22 mil for Iwobi, 5 mil for Nkounkou with the sell on fee, 7 mil for Simms, 9 mil for cannon, 4 mil for smith samuels and some money from the Qatar world cup and the bonus for john stones - all in all the club has brought in around 120 mil
the club spent no money in January and apparently we have only spent 15 mil on a loan fee for danjuma and the signing of chermiti from sporting lisbon. The Beto money will be spent next season apparently.
that means that the club has made around 100 mil this year net profit
If we do somehow survive this season, the optimistic view is that we get basically a full factory reset, have room to spend with FFP and we’ll bring our wage bill down massively as almost all the big earners will have gone; Gomes, Gana, Dele, Doucs, Young, Coleman. We’ll almost certainly have to keep Gana and Doucs on short term deals.
The pessimistic/realistic view is that we’ll have a squad consisting of very few players as we’ve sold and replaced half of them with loans, and that Moshiri will force us to patch up the squad with further loans until the stadium is finished.
There’s a very real chance that in a years time our squad is; Pickford, Virginia, Patterson, Mykolenko, Tarkowski, Branthwaite, Keane, Godfrey, Holgate, Garner, Onana, McNeil, Beto, Chermiti, Maupay and DCL.