AGM

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The period concerned in the accounts released last night doesn't include the purchase prices/wage costs of Gomes (wages of Gomes for last season but not this summers purchase price), Iwobi, Delph, Gbamin and Lossl.
There is still serious work needing to be done to correct the financial position.

I know mate, I’m projecting into 19/20.

This set of accounts doesnt include the 36 capital injection from USM, our net spend from summer 19 was basically that 36 mill amount in transfer fees net.

Of course Branthwaite and any other signings in Jan will add to that.

Agree by the way on wages and principals you state, we need to work hard to get wages to turnover ratio down, reduce squad numbers and unnecessary costs like sacking managers. We need to get costs down generally I agree.
 
The period concerned in the accounts released last night doesn't include the purchase prices/wage costs of Gomes (wages of Gomes for last season but not this summers purchase price), Iwobi, Delph, Gbamin and Lossl.
There is still serious work needing to be done to correct the financial position.
Which all points to moshiri doesent know how to run a football club. The templates have been laid by other rich clubs on how to do it successfully.
ancelotti needs funds in the summer to bring in quality players, if not he is basically here to collect his pay cheque every week.
 
Yea I mean without being too dismissive, given his company has just made a massive donation I should imagine he is on board with the business direction. Skoch is worth about twice as much as Abramovic as well. Thats officially too, unofficially pluck any number you like out.

You are just inventing things there. Moshiri could just be funnelling the money through USM for all we know.

As for Oligarch's unofficial wealth speculating on who may have more money stashed away is frankly farcical. Unless you are privy to information about their hidden wealth then you are just talking nonsense.

The best bit is that you haven't addressed my point regarding Skoch having no interest in Football. Presumably because it doesn't fit with your made up narrative.
 
He will be looking at BMD on sky sports and be muttering
It’s all a mirage they didn’t build it , it’s just like the moon landings
 

The period concerned in the accounts released last night doesn't include the purchase prices/wage costs of Gomes (wages of Gomes for last season but not this summers purchase price), Iwobi, Delph, Gbamin and Lossl.
There is still serious work needing to be done to correct the financial position.

I think you're overstating things a bit there Andy.

Gomes signed on the 25th June so that should be in the accounts

See https://www.bbc.co.uk/sport/football/48764807

Lossl was on a free, and though I'd expect them to be more than Robles ( who he replaced ) I can't see his wages being huge.

Gueye going out probably pretty much balanced Gbamin coming in, so that leaves Iwobi and Delph as being extra outgoings financially from the Summer, which aren't in the accounts just published. Lookman and Vlasic going out would have offset some of the transfer fees for Iwobi and Delph, but they'll doubtless be on higher wages.


edit : I forget about Onyekuru going out, so, along with Lookman and Vlasic, that probably pretty much balances the fees for Delph and Iwobi - still leaves a wage difference though
 
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You are just inventing things there. Moshiri could just be funnelling the money through USM for all we know.

As for Oligarch's unofficial wealth speculating on who may have more money stashed away is frankly farcical. Unless you are privy to information about their hidden wealth then you are just talking nonsense.

The best bit is that you haven't addressed my point regarding Skoch having no interest in Football. Presumably because it doesn't fit with your made up narrative.

Well what we know, is a company he is part of have given Everton money, possibly Moshiri is funnelling away the cash with Skoch's knowledge though it seems unlikely to me (and as yet we have no evidence for it).

It is widely reported, by the most influential sources in this area (Forbes for one) that a knowledge of the levels of wealth Moshiri and Usmanov have is very hard to calculate, they only know about aspects of the their portfolio and a lot of the estimates are quite cautious. That is not nonsense, it's reported from reputable sources.
Any historical understanding of the Russian state, particularly post 1990 would also indicate the likelihood that individuals close to it likely have wealth far beyond whats publicly reported. Do a little research on Putin for example. It's not certain, and I didn't say it was certain, I just believe it to be likely.

I did address your point on Skoch and football. I don't believe most people who invest in most things have to have an interest in it to do so. They have a multitude of reasons. Some of them for their own enjoyment (which Skoch wouldn't get) but more of them about what comes with such an investment. I am not going to repeat in detail all the different options that come with this as it's pretty clear to see through the numerous posts I've made on this thread over a 2 year period. There are plenty of reasons other than football as to why he would want to invest. As a business/collective USM have a big interest in football, and now a big commercial interest in Everton. I have no idea of his personal taste for football, but I know the above is true.

I mean this politely, but it continually looks as if the goal posts get moved re Usmanov. He will never leave Arsenal. He will invest in Charlton. He will invest in Arsenal. He will never give a penny to Everton. He will never sponsor us anymore. He will never up his sponsorship. All of them proven categorically wrong. Any attempt to try and make out Skoch won't get involved on the basis that he may or may not like football will also fall down. Or it truth it has fallen down, as he's already invested.
 
Ah look our favourite is back

Don't Liverpool owe FSG lots of money too?

I can see this being the latest avenue for obsession from RAWK (I'm not saying he's from RAWK but their messaging seems to bleed into the minds of some of the more impressionable) after they seemed to get themselves worked up with the idea that Everton were going to be shut down for making a loss (newsflash they were about to go bust and didn't incur any penalties so I suspect we will be ok). It is going to be that we owe lots of debt to Moshiri.

At some point in the future, he will just turn debt into shares and whoosh it will be gone. There will be an almighty tantrum when it happens too. The idiots don't seem to grasp that a guy who manages money for the wealthiest man in Russia (amongst other famous dignitaries) might actually know how to get around a system set up by a a couple of pen pushers from the PL.

Their seemingly slavish devotion to FFP is embarrassing too. It's an ill thought through set of regulations that do very little to actually tackle the problems within football, so I can see why they are so keen.

I do worry for them, when it sinks in that the £30million this year has nothing to do with ground sponsorship. We will getting more money for that. And the figure they initially see will be very low, to get it past FFP, they will cry about it, and very quickly it will rise, every couple of years.
 
The period concerned in the accounts released last night doesn't include the purchase prices/wage costs of Gomes (wages of Gomes for last season but not this summers purchase price), Iwobi, Delph, Gbamin and Lossl.
There is still serious work needing to be done to correct the financial position.
Are all sales included ?
 
If CA can propel Everton into the top four of the Premiership then the clubs value will rocket compared to it's current worth.

If we get the new ground built on time and by then if we are lucky/good enough to be in the top 4 then the value of the club would certainly be north of a billion.
All borrowings and investments would be covered and change as well.
 

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