Everton Accounts Released

nigelcoyb · January 3, 2013

Wait for the Colin Fitzpatrick analysis - he's the man.

WuTangToffee · January 3, 2013

Essex Blue said:
The loss relates to the period before we sold the likes of Arteta and Yakubu etc etc.

That's great news!

We're only selling to survive then!

Duncan Disordely · January 3, 2013

Less income due to low attendances, a lot less televised games and increased wage bill.

We spent less on transfers than we received so I'm guessing any excess was used to offset the losses to keep overall debt at roughly the same level.

Big profit to be made with the extra tv money that's going to be there.

GwladysBlue · January 3, 2013

How in the world can our debt increase? They mention new signing etc but we've sold players to make the new signings!

atypicalusername · January 3, 2013

Would anybody be happy to sell fellaini for 30+ million and use 100 % to wipe off most of our debt?

Imagine getting 40 million for him and managing to be only 6 million in debt.

We could probably sell heitinga and maguye for the other 6 million and be debt free. Use the 4 million we would save on wages for Fellaini and the 3 million we would save on heitinga to invest in a decent midfielder and get Per Kroldrup on a free.

Giz a job Bill.

Allezfan · January 3, 2013

Net loss of 9 million. (0.5 million in 2011, 3.1 million in 2010)

Wage bill of 63.4 million. (58 million in 2011, 54.3 million in 2010)

Turnover: 80.5 million. (82 million in 2011, 79.1 million in 2010)

Sponsorship: 7.1 million. (6.8 million in 2011)

Debt: 46 million. (44.9 million in 2011, 45 million in 2010)

OOC: 22.7 million (23.6 million in 2011, 23.8 million in 2010)

kenada_blue · January 3, 2013

Yippie!

Elstone will blame the fans again

kenada_blue · January 3, 2013

Artetafan said:
Net loss of 9 million. (0.5 million in 2011, 3.1 million in 2010)

Wage bill of 63.4 million. (58 million in 2011, 54.3 million in 2010)

Turnover: 80.5 million. (82 million in 2011, 79.1 million in 2010)

Sponsorship: 7.1 million. (6.8 million in 2011)

Debt: 46 million. (44.9 million in 2011, 45 million in 2010)

OOC: 22.7 million (23.6 million in 2011, 23.8 million in 2010)

Oh **** son, you put OOC in there.... Its gonna kick off

Sponsorship is pathetic too.

Del · January 3, 2013

So basically same sh*t different year

WuTangToffee · January 3, 2013

kenada_blue said:
Oh **** son, you put OOC in there.... Its gonna kick off

Sponsorship is pathetic too.

It's that bloody Blue Union I tell ya.

efc1878efc · January 3, 2013

Interest on the banks overdraft can account for why the debt has increased also. Wonder what interest rate the banks are charging on what we owe.

ijjysmith · January 3, 2013

That sponsorship deal is terrible

Especially when compared to others.

toffeeben15 · January 3, 2013

We sold 15m of players in 2011 and didnt invest in any new players . Surely that should of being used to reduce the debt

Allezfan · January 3, 2013

toffeeben15 said:
We sold 15m of players in 2011 and didnt invest in any new players . Surely that should of being used to reduce the debt

It was probably mostly used to fund the wage bill and pay agents to be honest.

Duncan Disordely · January 3, 2013

toffeeben15 said:
We sold 15m of players in 2011 and didnt invest in any new players . Surely that should of being used to reduce the debt

Jelavic, Gibson, and loan fees for Stracq, Donovan, Pienaar plus deal for McFadden are included in this accounting period.

And as mentioned agents fees and increased contracts got current players.

We definitely spent less than we received, but in the face of less other income it's been used to manage the debt.