Financial Status

[Toffeelover]

Accounts are made up of different sections, Trading account, Profit and Loss account and Balance Sheet.

Players are assets of a club albiet a mixture of depreciating and appreciating assets and will be reflected in the balance sheet which sets out the value of the company in this case Everton fc ltd and that is clouded by the fact that there is a holding company.

Back to players they are valuable assets so the acquisition and disposal of them is not a trading activity so will not show in the Trading or P & L accounts which determine the liablity to corporate taxes.

 

[Toffeelover]

Cash Flow statements are the best microscope for inspecting financial vitality (or otherwise) since they reflect P&L AND balance sheet movements.

Well one is never going to get near curent cash flow figures.

 

[karisanari]

Clubs don't rely on player sales to make money. It's about global visibility and bigger sponsors. It's impossible to know how much money you are going to get from a player and when. But on Evertons case, this cash from the transfers (extra money to invest) can make it possible for Everton to get global visibility via Champions league or higher demand to televise Everton games (I live in Finland and because of the great start of the season and entertaining fixtures, Canal+ has show considerrably more Everton games compared to last year)

 

[deipnosophist]

Well one is never going to get near curent cash flow figures.

You may well be correct, but that is a different issue altogether

 

[deipnosophist]

'working capital' as a balancing/reconciliation item between the professings of the statement of financial performance (P&L) and financial position (Balance Sheet) can hide a degree of 'sin'...but only a degree.

 

[AndyZ]

How much can we make from champions league?

not much if you are knocked out in the group stages. You make it past that though, it becomes fairly lucrative.

 

[Dymak]

not much if you are knocked out in the group stages. You make it past that though, it becomes fairly lucrative.

When you say not much, how much are you talking about?

I'm sure I read the likes of Celtic get about 18million for being knocked out the group stage?

 

[icburns]

£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.

Lest we forget the new 'Rolls Royce' pitch at Goodison.

 

[orchard]

Lest we forget the new 'Rolls Royce' pitch at Goodison.

250-500K wasn't it ?

 

[deipnosophist]

Lest we forget the new 'Rolls Royce' pitch at Goodison.

good investment that ...last year Goodison's pitch looked very bedraggled at times

 

[deipnosophist]

I believe the money is going to be a lot bigger from next season + 1 onwards (including Europa Cup). This financial reward potential should greatly enhance Capital One Cup and FA Cup competitions (as routes into Europa)

 

[AndyZ]

When you say not much, how much are you talking about?

I'm sure I read the likes of Celtic get about 18million for being knocked out the group stage?

I made a mistake when I posted that.. if you are knocked out of the group stage qualifiers, you will not see much benefit. If you make it to the group stages, you will make at least €8.6m.

Here is a chart showing last year's CL financial distribution figures from the group stages onward... UEFA CHAMPIONS LEAGUE: Distribution to clubs 2012/13

And a link to an article explaining the numbers and breaking them down a little bit... Club benefit from Champions League revenue

 

[Dymak]

I made a mistake when I posted that.. if you are knocked out of the group stage qualifiers, you will not see much benefit. If you make it to the group stages, you will make at least €8.6m.

Here is a chart showing last year's CL financial distribution figures from the group stages onward... UEFA CHAMPIONS LEAGUE: Distribution to clubs 2012/13

Thanks mate.

That chart is ace. English clubs getting knocked out in the group stage were receiving in excess of 25million.

 

[pfim]

Depressing revenue figures.

 

[Goat]

Profit before tax
–
£52m losses in the last 7 years
The
club net loss of £
9.1m this year takes the total to £52m over the last 7 years and £24m in
the last 5 years since the new TV deal kicked in and revenue rose by around £25m per Season.


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