£80m + EL money for 2014/15... so @£85m

Status
Not open for further replies.
Everton had after interest earnings of about 28 million last fin year (to May 31). This year it will be about zero as there were no player (asset) sales to offset asset depreciation/capitalisation of about 20 million. I am guessing though that with the latter item being non cash, Martinez will get a 15 million asset replacement spending (transfer kitty) and net debt reduces by 5 million.
 
Last edited:

God help us if the TV money starts to decrease
That's not just the fear for us but the whole league excluding the ones at the top.

The TV money has and will continue to inflate the wages and if it decreases there's going to be a shake up while teams who refuse to extend contracts on the big money force players either to leave immediately or risk losing them on frees.
 

That's not just the fear for us but the whole league excluding the ones at the top.

The TV money has and will continue to inflate the wages and if it decreases there's going to be a shake up while teams who refuse to extend contracts on the big money force players either to leave immediately or risk losing them on frees.
True, but at the same time a lot of clubs are using the exposure to increase there commercial income and sponsorships, and quite a few are looking at new stadiums or expanding what they have, whereas we look like we're hoping the deal just gets bigger and bigger.
 
No chance
I don't know. With Walcott and Wilshire both looking like they are staying there isn't a lot of opportunity for game time for the Ox.

He's a fantastic player and it's scary to think he's still only 21 but his injury record does put me off a bit.
 
True, but at the same time a lot of clubs are using the exposure to increase there commercial income and sponsorships, and quite a few are looking at new stadiums or expanding what they have, whereas we look like we're hoping the deal just gets bigger and bigger.
The thing is. If we don't invest in the team then we start to fall back in the league and while we can cope with one or maybe two seasons it starts to effect the players you can attract and even how much you then need to pay them or pay for their transfers. Sunderland don't get as good a value for money as us. e.g. Lennon wants to come here and is willing to hold out so Spurs lower their cost. Arteta was willing to take a pay cut to go to Arsenal.

A slow death is not a good option.

It's a bit like politics. You can either spend your way out of the problem or cut your way out of the problem. If we where serious about building a stadium then we need to drastically cut our costs and aim for premier league survival while bringing through youngsters. Otherwise we need to invest in the team and hope they can fire us into the UCL and hope we get someone to pay for the stadium. Both carry risks but unless you know the details it's impossible to say which is the right course of action. It would appear we're taking the "invest in the team" option which either means the board don't have the balls and are pinning their hopes on a pipe dream or they have reassurances from people or both.
 

Status
Not open for further replies.
Top