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10pm update: Drops back to neutral as the realisation dawns that Spurs are yet to spend and United are looking at wingers - combined with the fact that there's absolutely nothing solid to suggest we've even looked at the player, beyond jarg Twitter guff.
 
deipnosophist said:
Actually, we parted with 24.5mio on player purchases (McCarthy, Kone, Robles , McGeady and odds and sods ) using the Fellaini money. Overall, in the 2014 year, we had a cash inflow of 20mio (bank balance went from 2mio in overdraft to 18mio in the black). Stripping out all the 'confusing' non cash itemisations (eg accounting profit on sales, amortisation, depreciation, and movement in working capital), the actual cash flow and the accounting profit match very well:
Operating revenue 120 mio
Operating expense 95 mio
Interest/finance costs 5 mio

Overall= 20 million which matches cash flow.

So, the Fellaini money didn't finance Lukaku, the operating revenue item (which increased 31 mio from 2013) basically did. And that item was TV money.
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Don't forget selling chebes and jelevic
 

bflefc said:
Right, for anyone on FB there's a really good blog about post-Soviet space football which is written by a bloke called Manu Veth. The page he writes is called 'Futbolgrad'.
He's just re-posted an article from last month about the complexities of dealing with Dynamo and player agents in Ukraine etc, but he opened his re-post with, "So,,is Yarmalenko off to Everton?"
.
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Everton Space Fudges? Yeah,I'll watch that
 


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