Net Spend

[Dymak]

This was only published the other day, it does a very good job of explaining our circumstances:

http://swissramble.blogspot.co.uk/2014/12/everton-blue-sky-mining.html?spref=fb

 

[Goat]

They showed that we had c£28m in the bank at the time of the accounts therefore the net debt was reduced. The overall actual debt increased by £1m (if I recall) plus a £20m+ centre forward mysteriously arrived.

No mate.

Cash inflow from operating activities
was £28.3m (2013: £3.7m). After net
payments for interest of £3.3m, net
payments on player transfers of £5.1m and
£2.4m net capital expenditure and net
cash inflows from financing of £3.0m, the
increase in cash for the year was £20.5m
(2013: £8.7m).
The Club’s net debt position reduced
significantly from £45.3m to £28.1m in
2014 despite the continued investment in
the playing squad. The net debt of the Club
has averaged £44m over the last 5 years
and is considered to be well managed with
the Club benefitting from the continued
support of long-standing lenders.

 

[Zatara]

Well if youre going to include wages why not include agent fees etc? dearie me.

Howard
Baines
Hibbert
Jagielka
Distin
Osman
Pienaar
etc etc etc

all over 30....

When you say avg of players he has bought, well he's bought

Lukaku
Besic
McCarthy
Robles
McGeady

Their avg age isn't 27.

£10m is being generous. Kone £6m + a conservative £20k a week wages = £8m

Joel £1m + a conservative £10k a week = £2m

Alcaraz a conservative £20k a week wages = £2m

Makes £12m on crap that we won't get a penny back for.

An over achieving ageing squad?

The team he left contained 10 internationals and that's with Barkley and Stones waiting in the wings.

The average age of the players he's sold = 25

Average age of the players he's bought = 27

He's making the squad older he didn't inherit an ageing squad

 

[MickA]

No mate.

Cash inflow from operating activities
was £28.3m (2013: £3.7m). After net
payments for interest of £3.3m, net
payments on player transfers of £5.1m and
£2.4m net capital expenditure and net
cash inflows from financing of £3.0m, the
increase in cash for the year was £20.5m
(2013: £8.7m).
The Club’s net debt position reduced
significantly from £45.3m to £28.1m in
2014 despite the continued investment in
the playing squad. The net debt of the Club
has averaged £44m over the last 5 years
and is considered to be well managed with
the Club benefitting from the continued
support of long-standing lenders.

Is that you Robert?

Dress it up how you like the debt is increasing. Read the link supplied by @Dymak

 

[Goat]

Is that you Robert?

Dress it up how you like the debt is increasing. Read the link supplied by @Dymak

I wouldnt take a half eaten cake from that utter mouthbreather.

 

[Dymak]

I wouldnt take a half eaten cake from that utter mouthbreather.

He's just trying to put you on the right path mate, but if you want to continue in your ignorance then that's fine, I don't think anyone will have a problem with it.

 

[joey_macmo]

Well if youre going to include wages why not include agent fees etc? dearie me.

Howard
Baines
Hibbert
Jagielka
Distin
Osman
Pienaar
etc etc etc

all over 30....

When you say avg of players he has bought, well he's bought

Lukaku
Besic
McCarthy
Robles
McGeady

Their avg age isn't 27.

you're such a revisionist its mad, you've left out Barry, Kone, Eto & Alcaraz the oldest players. He has increased the average age of the squad its that simple.

Add that to the fact you almost halved his actual nett spend in your op

 

[PurpleRain]

who actually gives a fook about net spend?

doesn't win you anything a part from sympathy

 

[joey_macmo]

The accounts showed a massive reduction in debt, its not like we can take that money back, once the debt is paid, the money is gone, Lukaku was paid for via player sales and prolly a little bit of TV money.

another one falls for the headlines

 

[Goat]

another one falls for the headlines

No Friend, I actually studied the figures.

Maybe you should learn to math.

 

[joey_macmo]

No Friend, I actually studied the figures.

Maybe you should learn to math.

the funny thing being you havent

 

[Goat]

the funny thing being you havent

Yeah cos you know what ive done or havent done.

 

[Zatara]

I forgot about Kone.

You're saying I halved the net spend in the opening post? Please explain how.....

Barry/Eto/Alcaraz were not bought were they...who were they bought from? they were out of contract.

you're such a revisionist its mad, you've left out Barry, Kone, Eto & Alcaraz the oldest players. He has increased the average age of the squad its that simple.

Add that to the fact you almost halved his actual nett spend in your op

 

[Allezfan]

This was only published the other day, it does a very good job of explaining our circumstances:

http://swissramble.blogspot.co.uk/2014/12/everton-blue-sky-mining.html?spref=fb

What a great article that is.

Nothing we didn't already know but summed up in a very readable way.

Might be worth a post of it's own to be honest.

 

[joey_macmo]

I forgot about Kone.

You're saying I halved the net spend in the opening post? Please explain how.....

Barry/Eto/Alcaraz were not bought were they...who were they bought from? they were out of contract.

The way you're literally making things up as you go along makes you look like a wum.

you say nett spend is £8.5m when most sources have it around £20m (I reckon its about £16m)

you say he bought 3 players when he's bought 7

you say he's had to address an ageing squad when hes only made it older