Our Net Spend Over the Last Five Years

[IllinoisBlue]

Tom Davies was offered a new contract which he turned down, presumably because he wanted more money. Is this a sign the club is doing the right things in some areas and not just bending to the players wishes and giving them what they want?

 

[TonyT65]

I'm not researching this stuff
.. just following what you lads are saying.
But , if the 'net spend ' is £40m for 3 years , then wages could be up anything up to a quart of a Bill. over the same time period regardless...

Doesn't add up really...
Starting to think cash is getting funnelled (Arsenal style if ya like) into the stadium... I've no problem with that if its the case like ...cus the stadium is vital to the future.

 

[Huyton Layne]

To be fair they addressed this with the new stadium, that is the big leap of faith someone had to take to push us on.

Also they invested in FF, tarting up Goodison and instead of just taking out seats to hit the accessible seating numbers they built the platforms in the park end and the family enclosure. It is purely on field decisions that have cost us but Moshiri was not to know the avenue of keeping us ticking was going to vanish overnight.

We don't own Finch Farm. It's yet another Bill "drip feed payment system". Could have bought it in 2011 but the council ended up buying instead and are making good money according to this request from the freedom of information act.

"Liverpool City Council can advise that it holds information relevant to the terms of your request, our response being as follows –Liverpool City Council acquired Finch Farm from a private financial institution for the sum of £14.7m which included all fees and Stamp Duty Liability Tax in May 2013. Everton Football Company Limited surrendered its existing lease and Liverpool City Council granted a new Lease to EFC on revised terms. The Lease is for a 40-year term and EFC are Liverpool City Council Information Team Cunard Building, Water Street, Liverpool, L3 1DSE: informationrequests@liverpool.gov.ukliable for ongoing repairs and maintenance. The initial rent was £850,000 per annum. The rent increases by 3% per annum year on year. After the annual cost of capital outlay the City Council are benefiting from a net rent of £200,000 per annum in the first year, rising thereafter. A further rent is payable when the additional works have been completed of £320,000, this is again liable to 3% annual increases. The City Council will benefit from the net rent increases each year and overall will profit from the deal. The Lease rent receipts over the life of the 40-year Lease will far exceed the capital acquisition costs of Finch Farm, and the financial benefit to the Council over a 40-yearperiod supports ongoing service provision. In the event that EFC request to acquire the freehold the premium paid will need to reflect the overall loss of long term financial return to the City Council."

Seems like the council are making about half a million a year from us because we didn't spend 20 million back in the day.

 

[KMC]

1. Manchester United – £222,984,000
2. Chelsea – £169,720,000
3. Manchester City – £163,060,000
4. Liverpool – £141,782,000
5. Tottenham – £101,344,000
6. Arsenal – £85,490,000
7. Leicester City – 78,780,000
8. Aston Villa – £75,232,000
9. West Ham – £70,160,000
10. Newcastle United – £62,610,000
11. Crystal Palace – £59,180,000
12. Everton – £43,120,000
13. Wolves – £38,310,000
14. Fulham – £37,610,000
15. Southampton – £35,380,000
16. Bournemouth – £32,044,000
17. Nottingham Forest – £28,590,000
18. Brighton – £28,340,000
19. Leeds United – £17,300,000
20. Brentford – £15,240,000



Take this for example.

View attachment 223863

There is no doubt that since the Stadium started and the sanctions were imposed that the tap has been turned off tho.

Since when is Depreciation considered an Operating Expense?

Shouldn't be surprised that these are some of the tall foreheads running this club into the ground...

 

[The binman chronicles]

We don't own Finch Farm. It's yet another Bill "drip feed payment system". Could have bought it in 2011 but the council ended up buying instead and are making good money according to this request from the freedom of information act.

"Liverpool City Council can advise that it holds information relevant to the terms of your request, our response being as follows –Liverpool City Council acquired Finch Farm from a private financial institution for the sum of £14.7m which included all fees and Stamp Duty Liability Tax in May 2013. Everton Football Company Limited surrendered its existing lease and Liverpool City Council granted a new Lease to EFC on revised terms. The Lease is for a 40-year term and EFC are Liverpool City Council Information Team Cunard Building, Water Street, Liverpool, L3 1DSE: informationrequests@liverpool.gov.ukliable for ongoing repairs and maintenance. The initial rent was £850,000 per annum. The rent increases by 3% per annum year on year. After the annual cost of capital outlay the City Council are benefiting from a net rent of £200,000 per annum in the first year, rising thereafter. A further rent is payable when the additional works have been completed of £320,000, this is again liable to 3% annual increases. The City Council will benefit from the net rent increases each year and overall will profit from the deal. The Lease rent receipts over the life of the 40-year Lease will far exceed the capital acquisition costs of Finch Farm, and the financial benefit to the Council over a 40-yearperiod supports ongoing service provision. In the event that EFC request to acquire the freehold the premium paid will need to reflect the overall loss of long term financial return to the City Council."

Seems like the council are making about half a million a year from us because we didn't spend 20 million back in the day.

I believe we actually paid for Finch Farm to be built but it was sold to the council at later date. That was before Moshiri joined and Kenwright was selling everything and anything he could to keep his hold on the club.

We have paid out since to expand the facility. It would have been good to repurchase it back off the council but they would have wanted a fair bit and now we simply cannot entertain the outlay. Setting that fact aside, as an actual piece of infrastructure though it is decent and pee'd all over what the neighbours had at the time.

 

[gorgeousgeorgeEFC]

These figures are astonishing.

The media keep propagating this myth that we have spent more than almost anyone over the last few years. And I was falling for it.

Shows what a great job Dyche did in keeping us up.

 

[Goat]

As I said, very wasteful.

Premier League Last 5 Seasons Transfer Breakdown (Seasons 2018/19 to 2022/23)

Below is a comprehensive breakdown of every teams transfers over the last 5 seasons including an overview of the Premier League as a whole.

bluecitybrain.substack.com

 

[Curtis]

Sometimes it feels like a catch22 situation as to have a sustainable business model a team that performs on the pitch to some degree is needed as that drives sales and with financial fair play to have the funds needed to compete on the pitch you need a robust club financial situation. Everything feels futile at this point

 

[PhilEFC]

Sometimes it feels like a catch22 situation as to have a sustainable business model a team that performs on the pitch to some degree is needed as that drives sales and with financial fair play to have the funds needed to compete on the pitch you need a robust club financial situation. Everything feels futile at this point

That’s because our revered board and Chairman sat on their areas with no plan but self preservation.

 

[Bez2k2k]

We don't own Finch Farm. It's yet another Bill "drip feed payment system". Could have bought it in 2011 but the council ended up buying instead and are making good money according to this request from the freedom of information act.

"Liverpool City Council can advise that it holds information relevant to the terms of your request, our response being as follows –Liverpool City Council acquired Finch Farm from a private financial institution for the sum of £14.7m which included all fees and Stamp Duty Liability Tax in May 2013. Everton Football Company Limited surrendered its existing lease and Liverpool City Council granted a new Lease to EFC on revised terms. The Lease is for a 40-year term and EFC are Liverpool City Council Information Team Cunard Building, Water Street, Liverpool, L3 1DSE: informationrequests@liverpool.gov.ukliable for ongoing repairs and maintenance. The initial rent was £850,000 per annum. The rent increases by 3% per annum year on year. After the annual cost of capital outlay the City Council are benefiting from a net rent of £200,000 per annum in the first year, rising thereafter. A further rent is payable when the additional works have been completed of £320,000, this is again liable to 3% annual increases. The City Council will benefit from the net rent increases each year and overall will profit from the deal. The Lease rent receipts over the life of the 40-year Lease will far exceed the capital acquisition costs of Finch Farm, and the financial benefit to the Council over a 40-yearperiod supports ongoing service provision. In the event that EFC request to acquire the freehold the premium paid will need to reflect the overall loss of long term financial return to the City Council."

Seems like the council are making about half a million a year from us because we didn't spend 20 million back in the day.

I mean, crazy when we are talking about transfers in the region of 30m, and a billionaire owner.

 

[WA Toffee]

Seems like the council are making about half a million a year from us because we didn't spend 20 million back in the day.

Maybe I'm missing something, but isn't paying half a mill per year over 40 years a better deal than paying 20 mill up front?

 

[Hellerad]

Simple causes in aggregate.

1. Our sponsor revenue is traditionally poor.
2. USM/Russia sanctions. Usmanov back door closed.
3. Building a stadium.
4. Poor early investment when the tap was turned on.
5. Unsustainable wage structure to attract “talent” (see 4).
6. No European qualifications.
7. Paying a dozen managers’ release clauses.
8. GOT getting rid of reputation.

 

[Huyton Layne]

Maybe I'm missing something, but isn't paying half a mill per year over 40 years a better deal than paying 20 mill up front?

They're making 500k profit a year. We're paying way over that. Base rent started at 850k and had percentage and at least 300k added to it

 

[If You Know Your History]

These figures are astonishing.

The media keep propagating this myth that we have spent more than almost anyone over the last few years. And I was falling for it.

Shows what a great job Dyche did in keeping us up.

Agreed.

 

[mahermi1]

Maybe I'm missing something, but isn't paying half a mill per year over 40 years a better deal than paying 20 mill up front?

Well it's the same figure arrived at, £20m, but we own it if we buy it, its an asset and we don't have to pay anymore. Whereas we keep on paying half a million a year if we rent.