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Savvy Bill Kenwright style: "Good morning Mr Messi how would you like to come and play for Everton with no wages? Think of the tax perks."85% of turonver on wages.
Need to have a good year regarding losses to get by the premier leagues FFP rules.
Have to be savvy in the summer regarding signings.
Savvy Bill Kenwright style: "Good morning Mr Messi how would you like to come and play for Everton with no wages? Think of the tax perks."
Slightly different though isn't it, they are actually owned by those super rich people/countries, Uzi and mosh seem to be doing it in a different way and hard to see their agenda.
Like I said, why are we even still trying to find investors when the bloke is worth so much? That just raises some questions to me is all, about their long term plan/agenda.
I'm just causious is all. Due to what has happened with other clubs in the past.
I would rather us be sustainable, I would have rather in hindsight mosh had put all his money in the stadium and developing the commercial side of the business , instead of funding the failure Walsh created.
Instead sadly he has invested so much with no return, with so much investment still needed for both the sqaud and the stadium
If I knew all the answers I would be a billionaire not a 39 hr a week PAYE worker.Please explain why Usmanov basically wants to give us money for the stadium being named after a holding company no one has ever heard of but doesn't want to invest in the actual Club and have actual shares in the actual Club.
A few lads are not happy we are getting money for old rope.Evening toffees, how's this going?
If I knew all the answers I would be a billionaire not a 39 hr a week PAYE worker.
Dont fret lad the USM lads have this sorted
After 37 years here I will stick it out here for another year or 2 and accept the pension and the redundancy39 hours? Plenty of jobs out there mate at 35 hours.
Pray tell if there was beak,brass or booze involvedI was out doing much more interesting things last night.
So are we out of business yet?
Pray tell if there was beak,brass or booze involved
85% of turonver on wages.
Need to have a good year regarding losses to get by the premier leagues FFP rules.
Have to be savvy in the summer regarding signings.
not much of a band if there was no beak or booze involvedNone of the above.
Recording with my band.
not much of a band if there was no beak or booze involved
A polka band perhaps
As I posted last night wages were 79% of turnover in 2012. We've always had a generally high wages % of turnover. That's one of the reason why we have to get these early loans guaranteed against TV money to assist with cash flow because of revenue streams only kick in when the season starts.
Increased revenue will only come from 1) New stadium 2) On field success
These are the PL teams that had a wage % of turnover over 70% in 2018
Bournemouth - 76%
Palace - 78%
Everton - 77%
Leicester - 75%
Southampton - 75%
Stoke - 74%
Swansea - 71%
WBA - 74%
Generally these teams are A) Trying to compete in some form (top 6 or stay in the league) so spending big on wages and B) Have small revenue streams
Look at the top 6 wage % of turnover
Arsenal - 60%
Chelsea - 55%
Liverpool - 58%
Man City - 52%
Man U - 50%
Spurs - 39%
On field success meaning regular European football leads to higher commercial income, bigger revenue, high wages but still a small % of turnover.
Commercial & sponsorship income
Arsenal - £107m
Chelsea - £107m
Liverpool - £154m
Man City - £232m
Man U - £276m
Spurs - £109m
Meanwhile ours was £43m