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 summer 2013 Everton transfer rumourZ thread

Status
Not open for further replies.
For goodness' sake. The only reason Le Fondre crossed my mind was as a cheaper alternative to Kone, in response to an earlier poster's question. Do you want Kone? No, me neither.

Just because Le Fondre would be preferable to Kone, and he would be, does not mean I want EITHER of them at Everton. I also suggested Finnbogason and Cornelius, both of whom would be better than Le Fondre, but I don't see you squawking about that.

I don't want Le Fondre. I don't want Kone. Why shall Everton want these players they won't make the first team better. I don't know much on Finnbogason and Cornelius so I won't make comment on them but Le Fondre is really an awful shout (sorry). I rather stick Fellaini up front if we have no striker.
 
The question was "Who is better for £6m than Kone?"

Le Fondre at £3m or £4m, younger, scored more goals in the prem and did so mostly as a sub, is a valid answer to that question.

The answer to YOUR question, "Why the [Poor language removed] would he be good enough for Everton?" is he probably isn't. But Kone isn't either.

no to Le Fondre. no to Kone. no to Alcaraz. to McGeady. no to just about every player that we have been linked with. Yes to Honda but we dont stand a chance in hell of signing him
 
I don't want Le Fondre. I don't want Kone. Why shall Everton want these players they won't make the first team better. I don't know much on Finnbogason and Cornelius so I won't make comment on them but Le Fondre is really an awful shout (sorry). I rather stick Fellaini up front if we have no striker.

But he doesn't want LeFondre either, he made that clear in his post
 

no to Le Fondre. no to Kone. no to Alcaraz. to McGeady. no to just about every player that we have been linked with. Yes to Honda but we dont stand a chance in hell of signing him

We really have to take our chance here. We have to try out utmost to sign Honda. We only have this chance because his contract is about to expire.
 
My, my, how very certain you are.

I do love a vague, cryptic counter-argument. Thanks.



Over £40m in debt? yes

Paying interest on that debt every year? yes

Recorded a £9m loss this finacial year? yes

Reduced the wage bill by enough to overturn the £9m loss next year? No

Got a player being paid £75k a week, worth roughly £23m on the market? Yes

I am VERY certain I want to reduce my losses, rather than leave the debt unaddressed and increasing by over £5m a year. Spending a £21m windfall solely on players and their wages would still leave us making a loss every year UNLESS we broke into the top 4; considering that EVERYONE is getting the extra tv money and therefore our RESPECTIVE buying power remains unchanged, I'm not convinced that's a wise gamble.

Also, buying several younger players increases the possibility of recouping funds in the future, through future sales at increased values - you can't do that with Kone and Alcaraz because in two years they'll be worth zilch.

There is of course a fourth option - don't strengthen the squad at all.
 

I do love a vague, cryptic counter-argument. Thanks.



Over £40m in debt? yes

Paying interest on that debt every year? yes

Recorded a £9m loss this finacial year? yes

Reduced the wage bill by enough to overturn the £9m loss next year? No

Got a player being paid £75k a week, worth roughly £23m on the market? Yes

I am VERY certain I want to reduce my losses, rather than leave the debt unaddressed and increasing by over £5m a year. Spending a £21m windfall solely on players and their wages would still leave us making a loss every year UNLESS we broke into the top 4; considering that EVERYONE is getting the extra tv money and therefore our RESPECTIVE buying power remains unchanged, I'm not convinced that's a wise gamble.

Also, buying several younger players increases the possibility of recouping funds in the future, through future sales at increased values - you can't do that with Kone and Alcaraz because in two years they'll be worth zilch.

There is of course a fourth option - don't strengthen the squad at all.
If you think our revenue increasing by £30m+ means we have to sell Fellaini then good for you. Others may disagree.
 
Our debt is such that we ran at a £9m loss this year. This is not the definition of "easily maintained".

We need to cover that loss AND also reduce the outlay that caused the loss. If the outlay is caused by servicing debts we need to look at ways to pay down the debt, so that the cost of servicing it every year is reduced. And as a general rule we should always be looking for finance on more favourable terms than the current deal.

Why spend £9m a year of our new revenue servicing a debt? Why not instead pay off the debt and then, if funds are needed, borrow a new sum on better terms, reducing the £9m a year outlay?

You are confusing debt with accounting losses. And you have incorrectly come to the conclusion that our loss was as a result of servicing debts, and have completely disregarded the role that all our other expenditure, and our lack of income, have played in making the loss.

There won't be a 9million pound loss to cover in the future, as our income is expected to increase by 30 odd percent, leaving a circa 20million pound surplus which we will need to find a way to spend. We won't make a loss until we spend in excess of that money.

I've got no problem with the idea of paying off all of our debt in order to get another loan for a similar amount at a lower rate, but the idea of paying off all of our debt and not replacing it with any new debt is utterly absurd. Everton FC would not gain an advantage in the Premier League through doing this, only Bill Kenwright would benefit from such an action as he would effectively increase his equity (like paying off your mortgage). You would be kissing goodbye to 40 million pound just so that you could reduce your yearly expenditure by 5million.

What also REALLY doesn't make sense, is to effectively kiss goodbye to 15 or 20 million pound so that you can have your debt repayments reduced from 5million a year to 2.5 million a year. You may have saved 2.5 million pound per year, but you have just bypassed the opportunity to spend 15 or 20 million on improving your squad.
 
Last edited:

Status
Not open for further replies.

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Back
Top