Everton Annual Accounts Report 2012/2013

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davek said:
Needs to be hammered home, because it is highly relevant to the present window.
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Correct, it,s a break even report and does not take into account new player sales and new TV money.

The alarming events on the feild has outpaced everything in terms of getting a competitve 11 on the pitch.

The club needs to be sold this summer otherwise bobby is effectivley starting all over again in the next transfer window when the loan players pack their bags and head off home in 4 months time.
 

ToffeeDan said:
There IS a new stadium on the agenda - it was mentioned at the Shareholders Meeting. So if the TV revenue is massively increased, we've made a handy profit on player trading and shifted out the high earners (Fellaini, Heitinga, Moyes, Neville) it's looking very good for us.. and perhaps the CEO has been taking care of things the past few years. Of course in order to compete with everyone else we need to move forward and not stand still.
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No funding in place to support such a project. That was stated by suntan bob.
 
ToffeeDan said:
Profit keeps the creditors happy (bank), Cash Flow keeps the creditors and the club happy (means we can dish out the money to invest in players etc) so yes the money may not flow in immediately but it still enables the club to use that money (if necessary by borrowing) at some point.
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Oh sure. It becomes part of the cash flow projections I guess, along with the TV cash. You could pretty much predict quite accurately the next 3 years income stream if you knew the details of the deals.

Assume an average crowd.
Assume Utd or Sky/BT dont go bust.
Assume a prize money average.

Not too hard really. If you have the details that is.
 
Artetafan said:
Our top earners last year were Fellaini 1st, Moyes 2nd and Neville and Heitinga joint 3rd, I think.

So yeah we should have saved the money we're giving to our new players and ones on new contracts without having to increase the wage bill by too much.
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It probably about evens out actually. I forgot about McGeady who will presumably be on about £40k p/w. Kone is on about the same (somehow) though McCarthy, Joel and Alcaraz will be on less.
 
D410 said:
Correct, it,s a break even report and does not take into account new player sales and new TV money.

The alarming events on the feild has outpaced everything in terms of getting a competitve 11 on the pitch.

The club needs to be sold this summer otherwise bobby is effectivley starting all over again in the next transfer window when the loan players pack their bags and head off home in 4 months time.
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It's frightening. I get the impression that Martinez's ability/willingness to get the club over onto a mix of player trade (with a constant core of big name loan deals and permanent signings of Bosman/near Bosmans) as well as his tactical nous was a draw in employing him. It seems clear we'll be doing this on a constant basis now. I suppose on matters like the amortization of players it'll help drive costs down.
 

Bruce Wayne said:
Dan, those balance sheet figures don't mean we have £30 million in cash to spend though do they? That's just an accounting thing, like when companies make huge 'losses' due to writing down the cost of a purchase. They haven't really lost anything.
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Correct - the cash we have to spend will be determined by how the CEO has allocated the future income streams - obviously some transfer income will go to cut overdrafts, some to pay wages - it depends when we receive it and when we're expected to pay the selling clubs. But the accounts give you a flavour of what money we can expect to receive (matchday income, transfer sales (say by dividing that by 3-4 years), tv money (more or less constant give or take £5M dependent on tv coverage and finishing position - they will assume around 7th place) and, on the other side, money expected to be used for staff and player payments and payments to other clubs for transfers - the amortisation is of course an accounting principle to offset the cost of the purchases over the life of the contract rather than take a hit on the accounts in one year and are obviously not cash costs..

Sorry, got to run and manage my own business, lol, and - for the next 3 weeks put in my own accounts..
 
davek said:
It's frightening. I get the impression that Martinez's ability/willingness to get the club over onto a mix of player trade (with a constant core of big name loan deals and permanent signings of Bosman/near Bosmans) as well as his tactical nous was a draw in employing him. It seems clear we'll be doing this on a constant basis now. I suppose on matters like the amortization of players it'll help drive costs down.
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Yep, you nailed it. It is an arrangeement that keeps thoses in the main stand happy and bobby will play along untill he has had enough.
 
We’re making progress, we’re optimistic
about what lies ahead, but we’re
undeterred in our search to find the
person, or institution with the finance to
catapult us even further forward. No one
underestimates the investment needed to
take us to the next level. No one, least of all
me, is underestimating the need to find that
investment. Again – I promise we will.
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Oh Bill.

You're such a fibber.
 

From OS
"alongside awarding new contracts to Leon Osman, Phil Jagielka, Sylvain Distin, Seamus Coleman and Tim Howard. "

When did we offer Coleman a new contract?
 

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