Financial Status

[Dymak]

£13m on McCarthy
£6m on Kone
£2m on Robles
£3m for Lukaku
£3m or so for Martinez plus staff

It all adds up.

Add in premier league levies and agent fees and it will all be gone.

Are we ignoring the massive increase in revenue that every club in the Premier League is due to receive? The first tranche coming last August, and covered our annual loss and the expenditure on Kone I imagine.

 

[Dymak]

Nothing wrong with selling to buy if it is done properly either, the Fellaini deal and purchase of McCarthy shows that.

 

[riddick]

eeeeexcept that they said the McCarthy money was already there before Fellaini was sold. Surely they wouldnt lie about something like that!

 

[Tree13]

Erm?! We sold £33m worth of players

And bought / loaned in somewhere between £23m and £28m.

McCarthy - between £12m and £15m;

Kone - £1m to £5m, depending on who you believe;

Barry / Lukaku / Deulofeu - £10m approx

And any wages reductions from Neville, Mucha etc leaving were mostly nullified by Alcaraz and Robles coming in.

 

[Tree13]

Are we ignoring the massive increase in revenue that every club in the Premier League is due to receive? The first tranche coming last August, and covered our annual loss and the expenditure on Kone I imagine.

I thought the first tranche comes in in August 2014. The likes of Norwich borrowed against it in order to fund their spending in summer 2013, didn't they?

 

[Dymak]

eeeeexcept that they said the McCarthy money was already there before Fellaini was sold. Surely they wouldnt lie about something like that!

I don't see how it would be in their interest to do so?

 

[Raymondo077]

Lawnmowers mate. Lawnmowers.

Well in mate, on the floor here haha!!

 

[Toffeelover]

Wait and see, Santa may have a surprise for you but there again his sack might be empty.

 

[teameverton]

There will be no significant money to spend.

There is never any money to spend without selling.

You said that like its a fact instead of just your opinion.

 

[Dymak]

I thought the first tranche comes in in August 2014. The likes of Norwich borrowed against it in order to fund their spending in summer 2013, didn't they?

I'm not certain to be honest. But I think the identical and fixed figure that is shared between the Premier League clubs comes at the beginning of the season. The money based on league position and TV appearances comes later. This last summer was significantly different for us, we bought Kone without selling anyone first, and there didn't appear to be a need to sell a player in order to cover our loss. I believe this is because the first part of the new revenue came our way, but I don't know for sure.

 

[zirc]

If you only paid attention to Everton, you'd never know the Premier League got a new TV which was worth an extra £20 million or more to each team.

I don't know much about the financials but I can't imagine they're in any semblance of good shape considering pretty much every other club managed to have a significant positive net spend this summer.

 

[dholliday]

£13m on McCarthy
£6m on Kone
£2m on Robles
£3m for Lukaku
£3m or so for Martinez plus staff

It all adds up.

Add in premier league levies and agent fees and it will all be gone.

Aye...we've probably broken even.

£33m for Fellaini & Vic
less
£10m for the loanees (fees and wages)
£19m on Mac & Kone 2012
£4m for Robles & Martinez compensation
= 0 balance


I'm hoping Martinez gets £10m to play with, but it won't come out the Fellaini/Anichebe money, as that's already gone.

 

[Timak]

You said that like its a fact instead of just your opinion.

The only reason it might be different this time is the increased TV money, otherwise you have data going back 13 years which backs up my claim

 

[IRO1977]

I thought the first tranche comes in in August 2014. The likes of Norwich borrowed against it in order to fund their spending in summer 2013, didn't they?

That's correct as i understand it, deal started last summer but the first payment comes at the end of the first season (this season)

 

[deipnosophist]

Oh dear ! An open invite for the resident Bill bashers to discuss our negative spend and eventual demise into non league football.
"Shakes head"

yeah agree mate. Gets a wee bit tiresome doesn't it?