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It's a fair shout to those clambering for new signings just because of the injuries.
BUT, we're four points from 4th so its fair to say we're in contention and we're still in the FA Cup so I don't think we should be so readily dismissing this season.
njligernj
Player Valuation: £15m
Admirable? If I was a fan of yearly profit and loss statements I'd look at more exciting companies than Everton. As a fan of a football club I want results on the pitch -- if our board could finance it I'd much rather we lost 37m every year.
Obviously they can't so the fact they are balancing the cash we do have is good news to an extent. However I can't bring myself to call it admirable ... sadly there are no points awarded for booking small profits.
Skeleton Crew
Player Valuation: £8m
I wonder if the club has borrowed against the TV money, which would show up next year.
njligernj
Player Valuation: £15m
Yup ... but once they do the creative accounting around the FFP loopholes they say they'll be under the yearly loss limit. Fair play indeed.
if the club uses this money to significantly pay down the debt once and for all, i'm begrudgingly okay with that. Or to get a new ground. Anything other than that is just a bad waste of the biggest gift since Kings Doc....oh dammit..
davek
Player Valuation: £150m
Pay down thr debt to what ends?
get someone to to buy the team away from Kenwright and crew? I honestly have no idea what they are holding onto, praying that the debt would be cutting too much into their cash cow and thats what they are hoping for.
Steve Wigan
Player Valuation: £35m
To spend on what ?
davek
Player Valuation: £150m
46M debt for a top PL club - I dont think that'd put off the type of buyer we'd need. That, of course, is taking Kenwright at his word he'd only want to sell to someone who could propel us forward onto the elite level. I suppose if we were taken over by someone short of that wealth, then paying off a lot of the debt piecemeal each year would make their own share valuation look tempting to someone in the rich category down from billionaire.
The_Rat
Player Valuation: £950k
Maybe some blues are very wary when it comes to us "saving the money for the next window". There has been enough history of so-called future transfer funds never being seen again.
Have very little faith in our board handing Martinez any surplus money that was made from previous window dealings.
So while the money is on the table and in full sight I would personally like to see it spent, if possible.
steken1
Player Valuation: £70m
Shareholders today received the report and accounts for 2013 - now an 80 page book compared to the 32 pages from previous years. Turnover is up to a record £87m yielding a net profit of £1.6m. The accounts continue to highlight the dependence on player trading with a £15.6m profit for the year against £14.1m in 2012 and the combined £26.4m profit on player trading in 2010 and 2011.
Summary
Attendances were up by nearly 10% and gate receipts recovered to the 2011 level of £17.5m
Overall turnover was up to a record level of £86.4m (an increase of 7.3% on last year), helped by a £2.2m increase in commercial revenues and £2.9m increase in media.
Earnings before interest, tax, depreciation and amortisation (EBITDA) BEFORE player trading was £1.5m – and with player trading included this figure was £17.1m
EBIT excluding player trading showed a £9.8m LOSS against the £19.2m LOSS in 2012.
Interest paid by the club on loans was £4.2m
Overall Profit before Tax was £1.6m – the first profit declared since 2005, and compares to the overall loss of £9.1m in 2012.
Cash flow before investment was £313k negative and before financing £339k negative although overall cash flow was positive at £8.7m due to the addition of a new loan of £10m
Net debt remains at just over £45m
The overall company balance sheet shows net liabilities of £42.7m and compared to the net asset position of £434,000 in 2005.
The wage bill remains unchanged at £63m
Summary
Attendances were up by nearly 10% and gate receipts recovered to the 2011 level of £17.5m
Overall turnover was up to a record level of £86.4m (an increase of 7.3% on last year), helped by a £2.2m increase in commercial revenues and £2.9m increase in media.
Earnings before interest, tax, depreciation and amortisation (EBITDA) BEFORE player trading was £1.5m – and with player trading included this figure was £17.1m
EBIT excluding player trading showed a £9.8m LOSS against the £19.2m LOSS in 2012.
Interest paid by the club on loans was £4.2m
Overall Profit before Tax was £1.6m – the first profit declared since 2005, and compares to the overall loss of £9.1m in 2012.
Cash flow before investment was £313k negative and before financing £339k negative although overall cash flow was positive at £8.7m due to the addition of a new loan of £10m
Net debt remains at just over £45m
The overall company balance sheet shows net liabilities of £42.7m and compared to the net asset position of £434,000 in 2005.
The wage bill remains unchanged at £63m
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