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The Everton Board Thread 2014/15

Is it time for change?

  • I'm happy with the way thing are. Kenwright and the Board should stay.

  • Kenwright and the board need to go. We need change.


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Surely it'll be easier for one, for the sake of consistency, to calculate transfers in and out as and when they happen, otherwise you'll probably have to calculate incoming fees from Billy, Yobo, Fellaini, 'Chebe's, etc., in this year's calc's.
It's easier for those want clarity on EFC finances.
 
It comes back to capital - the business needs re-capitalising. The P&L will look after itself in the next few years due to the increase in broadcasting revenues, we need to sort out the balance sheet to move forward with the squad or a new/redeveloped stadium.

That would require an injection of capital (investment) which we know is unlikely. As for the squad, are you suggesting get rid of some deadwood and revalue upwards the players that are left? As for the first part this is unlikely our board does not want to put money in and suitors to buy are are not welcome, from what we can see.
 

All clubs around us seem to be surpassing us. Kenwright needs to sell the club to someone who will invest in the club, its ground and players. we shouldnt have to sell to buy! Even stoke with a more limited fan base seem to spend more!
 
It's almost impossible to accurately estimate how much in transfer funds is available to the club as we've no idea whether the Board wishes the debt position to increase, stay the same or reduce. I'm guessing they'll want to reduce the debt position (ie the size of this years Vibrac loan should be lower than last years @£20.9 million)

So it's a movable feast I am afraid. At the operating level the club is now generating cash, ie our income is greater than our expenditure which is obviously a good thing. @Visitor22 mentioned earlier that our profits last year equaled the profit on Fellaini's transfer. Whilst that is true our profit was reduced by the amortisation of the player contracts which of course is a non cash item. So last year (2013-14) the business generated around £18 million in cash. I'd expect a slightly higher figure this year (before player trading) as we received higher prize money for our 5th finish, we participated in Europe and our attendances were higher.

If I was to offer a guess I'd say a maximum of £20 million net is available this window - but that's a guess.
 
Exactly. If you think that Lukaku was paid in a lump sum then there should be £30mil available this summer in theory. If you think that we paid in installments then there should be £40m available this year (£9mx2= £18m, £60m-£18m= £42m).

Most transfer fees are paid over length of contract, so any instalments paid by Everton each year need to be taken into account. Similarly we probably get instalments in for any fees due to us! If it is possible to 'guesstimate' a figre available for player purchases, this figure should really be based on what further instlments we can afford.We are probably committed to £5 million a year for Lukaku and this needs to be taken into account. Its virtually impossible to come up with a figure for available funds because I think its a variable depending on the desirability or level of need of the potential incoming player.
 
Exactly. The reason he is saying we are fine financially is because we are benefiting from an extra 90 million pound over three years, with even more to come after that. I don't agree that just keeping hold of your players is more important than adding to your squad. You stand still in the PL and you end up going backwards, which looks exactly like what is happening to us

Martinez has stated quite a few times that keeping our key players is important to him...'we are building a team here'....and I suppose keeping players does not impact on outgoing fees,etc, only the regular instalments and wages. There is a continual moving in and out of players at all clubs, the skill with which this is done is an important part of management.
 

As just said by Dymak, if you don't improve you either stand still or go backwards.

The amount of money about means other teams are moving forward.

Based on last season we need massive improvement, it hasn't and doesn't look like happening.
 
So are you saying Blue Union and any other fan group have no role to play in finding the solution?

I'm not knocking you or BU in saying that, I'm just asking do the fans have a role to play?

Fans do have a role to play but the board isnt under pressure to accept any role from outside its three cohorts.
 
As just said by Dymak, if you don't improve you either stand still or go backwards.

The amount of money about means other teams are moving forward.

Based on last season we need massive improvement, it hasn't and doesn't look like happening.

Yep I've got to agree mate as things stand I'm really disappointed that the season kicks off in 2 weeks time and we have only brought in two players. We look short St the back, we look short up top, we are painfully short of creativity and games are running out to bed any new players in.
 

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