Everton in crisis? - Daily Mail Article

[billycopper]

Yes sir. We will, AFTER they use that remaining £20million to not increase debts above £140million this year.

By NOT spending all of it.

I'm with you. I think £9.5m is pretty much his limit for N'Zogbia. They might not bring anyone else in at all if they can't first shift one or two more.

 

[chicoazul]

Yes yes yes!

 

[Matt Damon]

Do you not think Lerner is a good owner though? He spent significant money and is now prudently cutting back. Kenwright has spent very little in comparison (because he hasn't got it perhaps) but we are in the same situation.

Is he a good owner for acquiring Villa a £140million debt in three years?

Bare in mind thats 140% of Villas annual turnover. Growing at 30% a year.

Jesus Christ - Greece - is in less relative debt. With a smaller deficit.

AND NO. WE ARE NOT IN THE SAME SITUATION.

 

[Matt Damon]

I'm with you. I think £9.5m is pretty much his limit for N'Zogbia. They might not bring anyone else in at all if they can't first shift one or two more.

Agreed.

Have Newcastle been spending money like its out of fashion this summer too? errr....

Sunderland needed players at one point they were down to 15 full time professionals. And they sold £40million worth of players in the last season and a half.

Net spend? Not looked recently but doubt it!

 

[Silas]

Is he a good owner for acquiring Villa a £140million debt in three years?

Bare in mind thats 140% of Villas annual turnover.

Jesus Christ - Greece is in less relative debt.

AND NO. WE ARE NOT IN THE SAME SITUATION.

He invested in his Manager and it didn't come off. I don't think many Villa fans will be disappointed with that.

Sell to buy? Comparative squads? Not exactly raking in the profit on revenue? Quite similar I would say no? Main difference is, if Lerner chose to he could wipe that debt and I would imagine quite easily find finance whereas we appear to be tapped out.

 

[Neiler]

Matt back and hes brought with him a Bazooka, the lids are rattled here, hes taken on all comers and its all gone vey quiet.

 

[billycopper]

Do you not think Lerner is a good owner though? He spent significant money and is now prudently cutting back. Kenwright has spent very little in comparison (because he hasn't got it perhaps) but we are in the same situation.

Everyone's in the same situation, mate. Redknapp is saying that he has to sell to buy. Owen Coyle and Martin Jol are also rooting through the bargain bin. Lerner is a good chairman. It would be crazy to throw money around at a time like this though unless there was a likelihood that you'd see a return on it. Even then, it's a dicey business.

 

[Neiler]

He invested in his Manager and it didn't come off. I don't think many Villa fans will be disappointed with that.

Sell to buy? Comparative squads? Not exactly raking in the profit on revenue? Quite similar I would say no? Main difference is, if Lerner chose to he could wipe that debt and I would imagine quite easily find finance whereas we appear to be tapped out.

I tend to disagree mate, he takes 15% of Villas turnover annually for himself, hes creaming it of the top and allowing them to rack up their debts and be drip fed of Sky Money.

15mill per year, for what the last five years - doing well is Randy!

 

[Matt Damon]

He invested in his Manager and it didn't come off. I don't think many Villa fans will be disappointed with that.

Sell to buy? Comparative squads? Not exactly raking in the profit on revenue? Quite similar I would say no? Main difference is, if Lerner chose to he could wipe that debt and I would imagine quite easily find finance whereas we appear to be tapped out.

Mate. His "investment in his manager" has been disastrous.

Think about that Greece comparison for a minute. Think about just what that says there.

They just sold their best two players, and barely made a dent in their debt. If anything they've managed to stave off any further debt increase this year.

That's not good Chairmanship. Thats the opposite of being a good chairman.

 

[kenada_blue]

Was that success fiscal though, not really, you can pick points out that you can say if only. The truth beeing apart from last season we have added to the squad and that has been part of our success. The years you mention i am thinking of the players we bought and thinking did they progress us at the time and im thinking yes they did. You have your Arteta's, Neville, Johnsons, Lescotts, Jags, Yak, Baines, Fellaini's all in there mate. Tbh those purchaes were all made, on the back of borrowings and players sales - which is a large reason for a lot of our debt. Like you say we have been reasonably successfull, we have certainly porgressed in 11 years on the playing and non playing sides. The model was sussccfull, but i agree with a lot that say we are threading water we are. Its glass ceiling stuff we have reached the optimum that model will allow, because we have hit the ceiling in terms of what we make, the decsion is to incur more debt or not - its best not to for me. I think everyone at the club and fan knows change is needed all have acknowledged this - i just dont buy in to the lunatic stuff of consipirocey therios or train sets, TBH you would be mad to buy Everton.

To be honest i dont beleive and maybe its just hope that we are finished progressin gon the playing side, i beleive we can be competitive for CL - that not to say i am saying we are nailed of but we have the capability ot giveit a go - i was as dissapointed as anyone last seaosn- but beleive it was a shocking under performence and the that team has another 30% in it in terms of performence. I could be worng and if i am i will be the first one looking for the squad to be dismantled next summer. Which takes me to my next point, we spend a hell of a lot on our current staff and as you say this is largely due to the success they have brought, that team has been backed to the maximum of the clubs resources and a lot of faith put in it, success should breed reward and that was the club has done reward the players for success - this is not a peptual thing - it has to be constantly raffirmed which is why i say another bad season and this squad should be dismantled.

I think its also inportant to be aware we ar talking at a specific moment time and that just over half way through a trasfer window, i am ceratin players will come in, even if others are not, im not saying their wont be outgoings and the net spend wont be that much and we all know the low hanging fruit, but there will be additions so the squad will have no excuses next season.

I agree.

I just feel overall our exposure and income commercially should be higher than it is with the avenues moyes has created

it sadly isn't and it won't be as that ship has sailed which is why many are discruntled with the board

it's like a fit bird putting it on a plate for you after youve put the hard work in....and then you turning it down cos you're happy being single

 

[Matt Damon]

I tend to disagree mate, he takes 15% of Villas turnover annually for himself, hes creaming it of the top and allowing them to rack up their debts and be drip fed of Sky Money.

15mill per year, for what the last five years - doing well is Randy!

2007 mate. 4 years. Don't make it sound better than it is.

Greece's national debt is not as bad as what Lerner's done to Villa's.

 

[davek]

Matt back and hes brought with him a Bazooka, the lids are rattled here, hes taken on all comers and its all gone vey quiet.

Read that back to yourself. This is Matt Damon we're talking about - the wrongest poster ever to come out of Wrongville.

 

[Silas]

Mate. His "investment in his manager" has been disastrous.

Think about that Greece comparison for a minute. Think about just what that says there.

They just sold their best two players, and barely made a dent in their debt. If anything they've managed to stave off any further debt increase this year.

That's not good Chairmanship. Thats the opposite of being a good chairman.

Didn't say his investment hadn't been disastrous but that's largely thanks to O Neill being an incompetent. I don't really get what you are talking about with Greece. Villa aren't in need of bailing out are they? Regardless of the debt Lerner being the Chairman with his assets make them comparatively financially stable compared to say...us?

To address another point. Lerner is creaming 15 million off the top? How do we know this? It sounds like speculation to me.

 

[davek]

I tend to disagree mate, he takes 15% of Villas turnover annually for himself, hes creaming it of the top and allowing them to rack up their debts and be drip fed of Sky Money.

15mill per year, for what the last five years - doing well is Randy!

That's some scouting fee he's on mate.

 

[davek]

Didn't say his investment hadn't been disastrous but that's largely thanks to O Neill being an incompetent. I don't really get what you are talking about with Greece. Villa aren't in need of bailing out are they? Regardless of the debt Lerner being the Chairman with his assets make them comparatively financially stable compared to say...us?

To address another point. Lerner is creaming 15 million off the top? How do we know this? It sounds like speculation to me.

There it is, right there.