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Better, we gave ourselves money for the option to purchase some old rope that we already own.
The money is owed to the main shareholder not a bank.
If they decide to move on they have a number of options.
Sell the club and hope to get their money back.
Borrow from a bank and then walk away leaving the club with the debt...I doubt any bank will throw out 350m without security and guarantess.
Walk away from their investment.
There is no perfect model , if you want to move the club forward risks have to be taken.
We need to look at the people involved , both Moshiri and Usmanov already have experience of football ownership through their involvement with Arsenal.
They have a combined wealth of something around 16bn. Nobody knows where this will end but I think this is a carefully thought out process which has hit some bumps on the road which has slowed but not stopped the grand plan.
I heard Bill's come up with a plan to lower the wage bill. As the players work 16 hrs a week hes applied for working tax credit to subsidise their wages.
Azza
Player Valuation: £80m
Yeah I think that's what Brands' strategy is.
You still need experience in the squad who is why I guess they got Delph, but I don't think we'll see signings like Walcott, Tosun, Niasse, Martina, Schneiderlin etc where the wages grossly outweigh their output. Hopefully those will be shipped out properly soon and then a balance of young potential like Kean who though may cost a similar transfer fee their wages are not way above what they give out.
Shevin Keedy
Player Valuation: £35m
Yet Never Went AnfieldC'mon mate most need a sat nav to even find it.
Our problem isn't wages/the size of them. If/when we become a quality team, our wages will be big anyway.
Our problem Is:
1. The return in evestment of those wages.
2. Our commercial income is still pathetic.
3. We need to increase that to become self sufficient, to get around FFP anyway.
How on earth has our commercial revenue gone down? A stadium doesn't fix that. Hiring better people does.
We are still running the club in some aspects as a small time place still. Carlo goes a long way, obvously. But we need to be doing those types of appointments throughout the club.
Our problem Is:
1. The return in evestment of those wages.
2. Our commercial income is still pathetic.
3. We need to increase that to become self sufficient, to get around FFP anyway.
How on earth has our commercial revenue gone down? A stadium doesn't fix that. Hiring better people does.
We are still running the club in some aspects as a small time place still. Carlo goes a long way, obvously. But we need to be doing those types of appointments throughout the club.
Disgruntledgoat
Player Valuation: £50m
FFP: hello Everton, here is a points reduction.
We are not man City or PSG, where it's a political thing because they are owned by a flipping country/corrupt as hell.
Have no doubt we will be the first ones to actually have a relevant sanction.
ForeverBlue92
Player Valuation: £80m
Just enjoy the ride mate. We could still hypothetically finish the season in the top 6 with Ancelotti as manager - nothing we can do as fans will change the finances.
gaino92
Power level over 9000
What you mean like AC MIlan who are on their way to being banned from Europe?
BirkenheadBlue
Player Valuation: £70m
Has anyone challenged FFP/STCC/P&S in court?
Seems like a fairly open and shut case of limiting/restricting competition?
Seems like a fairly open and shut case of limiting/restricting competition?
Some of them only work a 5 day week Mon-Fri and take weekends off
DanEFC92
Player Valuation: £90m
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