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It's not what you've got, it's what you do with it.
That's what my missus tells me anyway.
Wages can only improve by 7mil a year unless you use money from player sales...Everton have got rid of some of the biggest earners, freeing up wages. You can run the club at a loss for 3 years but then you need balance the books again.I thought it was only wages, not fees that FFP was about. So we could spend as much as we want but the wages can only increase by a certain amount unless there is other income like sponsorship. One of the resident finance bods may know more.
There's no doubt in my mind we're offering the kind of cash that would make Daniel Levys eyes water. I'm sure it's an open secret in football circles now that Everton will bring a wheelbarrow full of reddies to your door to get you to sign.There has to be something in this, take this surprising Bernard deal. He’s been offered a stack of cash and won plenty where he is now, so why would he come to an average Everton? Let’s be honest that’s what we are, however the real people in the know like Silva, Brands and the Professor have whispered in the lads ear “listen Bernard lad, the Russian from the Arsenal will be here soon, you can be the first and the rest will be following”
From Jeremy Wilson Telegraph
There is now an expectation that Usmanov, whose wealth is estimated at $15.1 billion, may now join his friend at Goodison Park
Typical Guardian, using the word 'now' twice in the same sentence.
i've not read the graduian for years, the spelling mistakes and crap grammar made it a tough read. Looks like not much has changed
Its not a report, its a fact as it was announced on the stock exchange last night. It still remains to be seen of he rocks up here.
Wages can only improve by 7mil a year unless you use money from player sales...Everton have got rid of some of the biggest earners, freeing up wages. You can run the club at a loss for 3 years but then you need balance the books again.
You can also use income from other sources to boost the P&L and spend on players. 'USM Goodison Park', or training kit sponsored by Megafon etc.Wages can only improve by 7mil a year unless you use money from player sales...Everton have got rid of some of the biggest earners, freeing up wages. You can run the club at a loss for 3 years but then you need balance the books again.
Maybe he is aware of potential Visa issues and getting his money out of the UK.
Respected Arsenal finance guy and ITK
Wages can only improve by 7mil a year unless you use money from player sales...Everton have got rid of some of the biggest earners, freeing up wages. You can run the club at a loss for 3 years but then you need balance the books again.
True but the deals have to be realistic, an have to be of value... ie can’t sponsor the toilets at Goodison for 200 milYou can also use income from other sources to boost the P&L and spend on players. 'USM Goodison Park', or training kit sponsored by Megafon etc.