Kenwright has just suggested there will be funds available to Martinez. The temptation is to laugh of course.
BUT
Everyone knows we have typically made a loss of £5m a year, year in and year out over the last 5 or so years of the accounts. You can read quotes from Elstone and/or Kenwright on this.
Since the last published accounts we have, I think, cut the wage bill a bit, no Arteta, Cahill, Beckford, Bily, Yobo, Rodwell, Yak. Some big earners there. No Neville now as well. Yes there is now Gibson, Jelavic and Mirallas. But surely that all adds up to a cut wage bill.
Now for the biggy. The new TV deal is worth a gobsmacking £20m a year more than the last one. To every club. More still if you do well. There is naturally a lot of guesswork here but there is no way we are going into the future, with the playing staff as it stands, making a loss every year. The TV deal alone ought to turn us from a £5m loss to a £15m profit, or £15m a year available for transfer fees or wages.
It is the same for everyone of course. It already seems to me that clubs are out there busily spending. Everton will just have to be smarter than the others as we have been before. And we never have to return to the days of making a loss each season and being forced to sell a player a year. Not unless the board again chooses to operate in that way.
Feel free to discuss/pick holes/argue with me. Best way of learning is to argue with someone.
Cheers