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.

 

Transfer Window Thread

Status
Not open for further replies.
Ideally the one thing I want to come out from this window is that we keep Stones.
Then I would love us to sign Yarmolenko, for a few reasons.
He was outstanding against us in Europe.
He would add a real buzz about the club for both players and fans.
He would deflect attention from Deulofeu, allowing him to grow at the club and hopefully expiring his buyback clause before he blossoms into the player he could potentially and hopefully be.
 

Screen_Shot_2015_08_20_at_00_09_50.png

Defcon_3_Type1.gif
 

"forever", fair enough, but "forEver"?

So we have this super duper agent sharing Everton/Yarmolenko media stories all over the shop on his facebook page, and now the player himself has taken to twitter for the first time in months, to tweet his first and only tweet do date in English, "forEver", before quickly thinking better of it and deleting it?

Either this is all genuine and there's definitely something happening, or this is the best wind up ever

Would be hard to be mad it if was tbf
 
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.

While your breakdown is very thorough, from where the actual notes were pulled from seems to me completely irrelevant. For starters, Kenwright said the new manager would have a little bit of money to spend, presumably the funds to secure Kone, Robles, Alcaraz and Deulofeu's loan. McCarthy, Barry, Lukaku's loan, Barry's loan and subsequent "transfer" and McGeady all came after (or at the same time as) Fellaini's sale.

Second, and more to the point, if we never sold Fellaini, that increased operating revenue would've had to be split among several players (the ones we couldn't have purchased the year before) and the purchase of one £28 million (or whatever) valued player would've been impractical.

Is it as simple we sold Fellaini for £27.5 million, so we were able to spend the same amount on Lukaku? No, but it also isn't a great deal more complicated than that. Use the sales of Jelavic, Anichebe and Fellaini to cancel out the purchases of Lukaku and McCarthy and the club have spent in the vicinity of £10-12 million per summer since Martinez has arrived.
 

Status
Not open for further replies.

Welcome to GrandOldTeam

Get involved. Registration is simple and free.

Back
Top