Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

 

The Everton Board Thread

Status
Not open for further replies.
Strangely, I think the problem was he stopped listening to Kenwright.
Bill Kenwright was a pauper in the field of premiership club owners but with David Moyes they managed to keep the club well into the top half of the league on shoestring budgets. He knew how to run a club without money because he didn't have it to invest.

Moshiri seemed to think that throwing money at a problem would get it solved and if Usmanov had not been sanctioned maybe he would eventually be right.

oh ye for then BK to think he’s a superb chairman
 
DBB with the peephole bra leather nightie set and Blue Bill with the cow's head gimp mask??
EQbWWg6WkAAhYKl.webp
 
oh ye for then BK to think he’s a superb chairman
Matty, does everything have to be in very simple sentences for you to understand ?

I never said BK was a " superb chairman" , I said he ran the club on a shoestring and was unlikely to be the one who was resposible for Moshiri lashing out money as he did.
 

He didn’t have it to invest but tried to convince us all that he was looking for investment “24/7” but just couldn’t find it. What he meant was he was looking for an investor “24/7” who was dim enough to let him stay in situ. Kenwright doesn’t deserve any praise for what he’s done to this club. He lowered expectations and invested nothing. Fluked it with Moyes and clung onto him for 11 years because it suited him.
I don't argue with that, I am saying that I don't think he is responsible for Moshiri wasting money as he did.
 
I think Billy Liar was all in favour of throwing money at the problem, as long as it was somebody else's money.
I really don't know , do any of us ?
But, I just think Moshiri had his own advisors and didn't listen to BK as much as people think.
As an example my memory was that BK was totally against hiring Benitez. He wanted Moyes back but Moshiri appointed Benitez anyway. I don't think Kenwright wanted Allyrdyce either.
 
The PL will mirror their rules to that of UEFA otherwise it puts English teams in Europe at a disadvantage if Real Madrid, PSG etc can spend what they want whilst our clubs can not.
Not sure why you think this would favour Everton.

To be clear, the new FFP rules DO NOT apply to Everton currently because FFP only applies to clubs in European competition.

The new rules state that wages applicable to the squad and coaching staff plus player amortisation costs less player trading profits cannot exceed 70% of turnover on a rolling three year basis by more than €30m. For a transitional period, the thresholds will be 90% and €60m respectively.

Plugging this into Everton‘s accounts for the 2019/20 and 2020/21 seasons (and using Swissramle’s rule of thumb that playing and coaching staff are generally 90% of total wages), the ratios for Everton are 111% for 2019/20 and 120% for 2020/21. Even at 90% and with €60m leeway, Everton would not even be close to complying with FFP.

if you want to check my workings, for 2019/20, total wages were £164.758m, player amortisation was £99.232m, player trading profits were £40.465m and turnover was 185.882m.

For 2020/21, the respective figures are £164.313m, £81.243m, £13.226m and £193.143m.
 
Last edited:
Not sure why you think this would favour Everton.

To be clear, the new FFP rules DO NOT apply to Everton currently because FFP only applies to clubs in European competition.

The new rules state that wages applicable to the squad and coaching staff plus player amortisation costs less player trading profits cannot exceed 70% of turnover on a rolling three year basis by more than €30m. For a transitional period, the thresholds will be 90% and €60m respectively.

Plugging this into Everton‘s accounts for the 2019/20 and 2020/21 seasons (and using Swissramle’s rule of thumb that playing and coaching staff are generally 90% of total wages), the ratios for Everton are 111% for 2019/20 and 120% for 2020/21. Even at 90% and with €60m leeway, Everton would not even be close to complying with FFP.

They'll be given a few years grace to adjust before rules are implemented.

We've lost a lot of big earners off the books in the last 18 months or so and will lose Allan, Mina, Gomes, Townie and Rondon on top in the coming season or so.

I imagine after Thelwells wage structure is implemented in 18-24 months time our wage ratio will have significantly dropped.
 
They'll be given a few years grace to adjust before rules are implemented.

We've lost a lot of big earners off the books in the last 18 months or so and will lose Allan, Mina, Gomes, Townie and Rondon on top in the coming season or so.

I imagine after Thelwells wage structure is implemented in 18-24 months time our wage ratio will have significantly dropped.
Yeah cos paying Jessie Lings 150k a week really tells you we are implementing a wage structure.
 


Status
Not open for further replies.

Welcome to GrandOldTeam

Get involved. Registration is simple and free.

Back
Top