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I just posted this is the Lingard thread mate, it gives you an idea of our costs and income:
Its a good post mate, wages and amortisation are huge factors in terms of our losses and limits, so its no surprise the club is purposefully looking at deal to reduce those costs, we saw it last season with Townend, Demari, Begovic and this season with Tarowoski, maybe Lingard and Eriksen it seems purposeful to keep costs down.
These are our figures in terms of what we make based VS wages and amortisation
2016:
Turnover: 121.5 mill / Wages & Amortisation £106.3 mill = % of Turnvoer 87.5%
2017:
Turnover 171.3 / Wages & Amortisation £141.9 mill = % of Turnvoer 82.5 %
2018:
Turnover: 189.2 mill / Wages & Amortisation £212.4 mill = % of Turnvoer 112.3%
2019:
Turnover: 185.7 mill / Wages & Amortisation £255.1 mill = % of Turnvoer =135%
2020:
Turnover: 185.9 mill / Wages & Amortisation £264 mill = % of Turnvoer 142%
2021:
Turnover: 193.1 mill / Wages & Amortisation £263.8 mill = % of Turnvoer 136%
So amortisation is a huge facotor for us in terms of costs particularly in regulation, so targeting free transfers like Lingard is likely a necessity given our high amortisation costs.
If we take two deals say Mina and Bernard - before leaving Bernard was our highest earners before leaving yet in comparison cost significantly less per year because he was on a free:
Mina:
Annual wages: £6.2 mill
Amortisation: £5.7 mill
Annual Cost: £11.9 mill
Bernard
Annual wage: £6.24 mill
Amortisation 0
Annual cost: £6.24 mill
So essentially targeting lads like Lingard, Tarowski, and Eriksen on frees saves us about 50% on costs is likley a necessity to save on our costs which have to come down, because our costs are undermining the club holistically now at this point year after year.
If the Tarowski's or Lingards of this world help us limp along to BMD then so be it, im not really expecting to see much development until then, i think we may need to have a couple of 15 -10th (if we can) place seasons just to sort the club and its costs out if im being honest. We really cant afford not to be in for lads like Lingard all weighed in my opinion. We need to utilise the loan market to and well mate.
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evertony
Player Valuation: £50m
Really good post that - it’s my biggest frustration with the Club currently. I don’t think there’s anyone at the Club who has anything but good intentions for Everton but the shambolic level of business mismanagement is beyond belief. How a business (because ultimately that’s what it is) can be headed-up by an accountant and still make such a pigs-ear of its finances is staggering.
If it were a non-football business the shareholders would have demanded answers and the financial institutions would be issuing warnings or penalties and taking direct action. The Board would be scrutinised and the directors found to be wholly underperforming in their fiduciary duties and dismissed. In complete contrast Everton actively laud their Board as some sort of shining beacon of good practice for others to follow.
Owners getting involved in football matters and hierarchies surrounding themselves with incompetent ‘leaders’ and giving their ears to unscrupulous influencers only go one way - and we are well on the way to that under Moshiri, Kenwright, DBB and the like. It’s nothing personal - I’m sure they are all good, honest people. BUT, they clearly aren’t efficient, professional or competent in the field of football club management. It’s as clear as day that they are totally out of their depth. They are like a parochial amateur football committee who run a ‘just for fun’ village team and organise tombola’s and summer barbecues to raise funds for a new kit ( and that’s no disrespect to amateur football).
The massive issue therefore is that the major shareholder is the presiding control. Unless we are taken over very, very soon ( and therein lies another huge potential problem) I fear we really will become another Derby County. There’s so many takeovers that don’t work so choosing the right bed-partners is critical....and to do that you need a competent Board and advisors!
What an almighty mess Everton Football Club is in.
Serious question.....is there another English club that has had such a massive financial injection and gone so rapidly and frighteningly backwards?
If it were a non-football business the shareholders would have demanded answers and the financial institutions would be issuing warnings or penalties and taking direct action. The Board would be scrutinised and the directors found to be wholly underperforming in their fiduciary duties and dismissed. In complete contrast Everton actively laud their Board as some sort of shining beacon of good practice for others to follow.
Owners getting involved in football matters and hierarchies surrounding themselves with incompetent ‘leaders’ and giving their ears to unscrupulous influencers only go one way - and we are well on the way to that under Moshiri, Kenwright, DBB and the like. It’s nothing personal - I’m sure they are all good, honest people. BUT, they clearly aren’t efficient, professional or competent in the field of football club management. It’s as clear as day that they are totally out of their depth. They are like a parochial amateur football committee who run a ‘just for fun’ village team and organise tombola’s and summer barbecues to raise funds for a new kit ( and that’s no disrespect to amateur football).
The massive issue therefore is that the major shareholder is the presiding control. Unless we are taken over very, very soon ( and therein lies another huge potential problem) I fear we really will become another Derby County. There’s so many takeovers that don’t work so choosing the right bed-partners is critical....and to do that you need a competent Board and advisors!
What an almighty mess Everton Football Club is in.
Serious question.....is there another English club that has had such a massive financial injection and gone so rapidly and frighteningly backwards?
SAY IT.
cbrect
Player Valuation: £225k
Points well made, I absolutely believe that good things take time to build and trying to buy success, as a latecomer, very rarely works.
By the way, I don’t think anyone can accuse Moshiri of a lack of commitment or abusing the club deliberately, only of naivety, ego and a weakness under pressure. Perhaps he should have stayed in his lane and steered well clear of football club ownership or as you say, trusted his team and not those seeking to gain personally from his poor money management.
evertony
Player Valuation: £50m
cbrect
Player Valuation: £225k
Excellent response and will we ever see any club do the same again. For sure our club has become a cautionary tale.
Eggsyblueskin
Player Valuation: £40m
Let’s hope he has learnt his lesson because as recent events have illustrated there are far , far worse than him out there waited to pounce on our club for their own nefarious ends.
Rita_Poon
Player Valuation: £90m
Bingo lingo clickity clicks
can Lingard play in shirt sixty six
The number that matters is 12, in that in 12 months time we jettison Gomes, Mina, Gbamin, Kean, and sadly Townsend and Coleman. We are in trouble that such wholesale changes this summer and next leaves a manager with two fifths of a squad and has to cobble together what he can to "go again".
Basket case club management.
Shambles!
can Lingard play in shirt sixty six
The number that matters is 12, in that in 12 months time we jettison Gomes, Mina, Gbamin, Kean, and sadly Townsend and Coleman. We are in trouble that such wholesale changes this summer and next leaves a manager with two fifths of a squad and has to cobble together what he can to "go again".
Basket case club management.
Shambles!
He and El-Ghazi are prime examples of why we're in such a mess. Both brought here on loan, meaning we couldn't borrow the kind of players we desperately needed, as well as getting substantial salaries while contributing very little to the team. In fact, I think I can say that I had more minutes on the pitch at GP than El-Ghazi this season!
Diogenes the Cynic
Player Valuation: £40m
Good point.
Do we have too many numbers these days?
Which ones can we afford to lose?
rochdaleblue
Player Valuation: £50m
I think the biggest indication as to how bad our recruitment has been is the number of players who run down their contacts. As a result, no other club will pay a transfer fee or take on the wages we pay for such mediocrity.
chrismpw
Player Valuation: £70m
The biggest real number is 2. Prove me wrong.
Diogenes the Cynic
Player Valuation: £40m
I think we need a more robust sickness policy.
We could have managed the likes of Delph out years ago.
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