Everton losses double in latest accounts as 'going concern' threat confirmed

[Blue peter]

I know the club is an absolute circus but the irony of essentially the wages to turnover ratio dragging us down, when it’s the bloody players who are earning the really high wages not winning that’s getting us into this mess.

 

[Dancing Pat]

Imagine putting this intro on a set of accounts that basically confirmed the club is screwed for a decade

Some sick just came up when I started to read that!

What a weekend this has been

 

[john jako]

why have we got two threads on it

Double punishment

 

[Tommy Chong]

Why did I even open this thread?!?

What a f'ing depressing read for a Sunday night.

 

[Eggsyblueskin]

Does this mean the club will soon go bust and spare us all from any further misery?

We can dream .

 

[matty1878]

I know the club is an absolute circus but the irony of essentially the wages to turnover ratio dragging us down, when it’s the bloody players who are earning the really high wages not winning that’s getting us into this mess.

they’re not paying us by winning!

 

[toffeemeister77]

Do you thionk Usmanov could be trying to invest via 777? Why would they buy us?

 

[blulouie]

Do you thionk Usmanov could be trying to invest via 777? Why would they buy us?

I'm pretty sure he's sanctioned in the U.S as well as the U.K. .....So no.

 

[Blue peter]

they’re not paying us by winning!

Winning = increased PL earnings = potential European competition earnings = increased commercial deals = increased revenue

 

[The binman chronicles]

A profit on player trading of near 50 million, so it is stadium/interest costs that are the issue. It's not unexpected.

 

[Cork Evertonian]

Thanks for destroying the club Bill. We really are going to be Sheffield Wednesday mark two aren't we?

 

[matty1878]

Winning = increased PL earnings = potential European competition earnings = increased commercial deals = increased revenue

our current crop?

 

[matty1878]

Thanks for destroying the club Bill.

and CO

and thanx for being crap and not getting us enough points to not worry about this

dyche

 

[HalfTimeSayers]

A profit on player trading of near 50 million, so it is stadium/interest costs that are the issue. It's not unexpected.

Sadly not. Stadium related interest capitalised, so not part of this loss. This loss is because our former board where comtemptably horrendous, and made the loss worse by being paid to leave.

 

[Tommy Chong]

Imagine putting this intro on a set of accounts that basically confirmed the club is screwed for a decade

I basically read that as: 'This is 'Blue Bill's' legacy to the club... We're fooked for the foreseeable future!'