Get rid of the debt by doing this

[Neiler]

That doesn't mean people are prepared to pay for them *hint*



Whilst people might be willing to attend a match as a luxury payment.

They in this economic climate don't and wont have the money for further increases in subscriptions.


Sky's been disgraceful. They closed down two tv stations (one on freeview) during an "acquisition" that should never been allowed, moved all their content to Sky One and Sky Atlantic then increased subscriptions by £5 a month.

Competition commission should never of allowed it. And it should have been blocked by the then Media Secretary.

People have a limit on what they'll pay and Sky are well and truly at it.



The Champions League final tickets £225 ! FA Cup final £100+ a ticket. People are being priced out.

It'll come back against the sport soon enough.

The market is gone international now and finance is a global game as we know, i can only speak from the expierence of an international fan. I would happily pay the price of a season ticket to watch every Everton game online. Im sure many others would. The advent of the smart phone to opens up the possibility to online highlights etc. TV is a thing of the past for me or shortley will be.

Strangely i got a hd box in last week and i was talking to the engineer, he told me Sky dont make any money on new customers untill year three of their subscription when you take into account free instillation, free box and maybe 6 months free sports/movies or whatever deal is going on at the time.

 

[Deleted member 28206]

It's good, BUT IT'S NOT RIGHTTT

 

[Matt Damon]

The market is gone international now and finance is a global game as we know, i can only speak from the expierence of an international fan. I would happily pay the price of a season ticket to watch every Everton game online. Im sure many others would. The advent of the smart phone to opens up the possibility to online highlights etc. TV is a thing of the past for me or shortley will be.

Strangely i got a hd box in last week and i was talking to the engineer, he told me Sky dont make any money on new customers untill year three of their subscription when you take into account free instillation, free box and maybe 6 months free sports/movies or whatever deal is going on at the time.

Actually their ARPU increased 8% to GBP544 per annum last year.

Revenue GBP4,833m GBP4,232m

That means the amount they earnt last year. is £479 per customer on average after installation and other costs etc.

Going up on average 8% or more. (their increased profits this year was from the subscription increases of 8.7%!)



Compare that to the season ticket costs.

 

[Chang Elephant]

Oust Bull**** and his chums from the board. The incoming buyers make an immediate civil claim against Bull**** and chums to the value of this debt on the grounds this was incurred in a wilfully reckless and negligent manner contrary to company law.

Succeed in court (Bull**** and friends using their normal dependable* legal advisors). Pay down debt.

 

[Neiler]

Actually their ARPU increased 8% to GBP544 per annum last year.

Revenue GBP4,833m GBP4,232m

That means the amount they earnt last year. is £479 per customer on average after installation and other costs etc.

Going up on average 8% or more. (their increased profits this year was from the subscription increases of 8.7%!)



Compare that to the season ticket costs.

Would be intresting to see the break down of revenue in the customer base and see how much revenue they make in a first year subscription after instillation and equip, the guy was saaying they absolutley cream it in if people stay subscribed after their innitial outlay. He also said your more likely to get a free upgrade if your in your first or second year of subscription, if you ring up and say you want to quit becuase another service provider has a new funky box out for free.

 

[pfim]

So its a nice thought by Steele, but not realistic. You don't liquidate revenue generating assets to pay loans unless they're on the verge of depreciating rapidly.

You increase turnover and use PROFIT to pay off the debt at an accelerated rate (above the agreed repayment rate).

q.v. Financial Fair Play Regulations.

Best quote of this thread, as it relates to the first post. There are plenty of companies out there selling assets to pay of debt. They have a word for that, and that word is "insolvent."

Selling the assets of the club make the club worth much less. Make it more difficult to increase revenues, borrow further (not that it needs to be done in this case) and be more successful.

Selling assets to buy others can make sense. Selling assets to pay down debt makes no sense, unless you're on the verge of bankruptcy. Even then, it usually doesn't make much sense (At least under US law).

I really have no desire to establish where this debt has come from, but it should be serviced by revenues.

 

[Bruce Wayne]

Could you try better to conform to the tory stereotype I'm transparently trying to snare you into please.

Could your ma not do some extra shifts down the mine? I have some shoes that need shining if she's interested. Or Tarquin from the bridge club likes a bit of mature action. He likes to rough it like Rooney he says.

 

[arch stanton]

The debt 'problem' needs to be viewed in reverse. If we had a zero balance, we could buy £50m worth of players NOW, at a cost of £4m/year. £4m each year will buy nothing of interest but a £50m kitty can also open up other income streams. So, the OPs isn't a good idea

 

[It's_Just_Not_Cricket]

Last year Everton had a total debt at 44.9 mill. Let's say its 46mill atm.

Why not sell
Jags - 18 mill (tought decision, but we have some young lads who hopefully can do a good job. Or Hibbert)
Rodwell - 21 mill (think he will be injury prone...and I will keep Baines)
Billy - 5 mill (enough!)
Yak - 2 mill

Then we can start with no debt , not paying 4-5 mill each year in interests.

not so sure I agree with your business format here.....




so with regret, I'm out