Paying off club debt v investing in players

[bizzaro]

Without the positive player trading number of 2014 (ie selling Fellaini, Anichebe and Jelavic) the profit of EFC was about 5 million quid. But that net number includes depreciation (a non cash item) of assets (players) of about 18 million. I would expect that to increase to about 23 mio (the extra 5 being Lukaku's 28 mio amortised over 5 years).
Thus I suggest a break evenish sort of 2015 year (as there were no players sold)...and a balance sheet that thus wont increase/decrease much from 2014. However, the cash component will increase by 23 million (offsetting the asset depreciation). Roberto may get 15-20 million and net debt will thus be about 23 million (ie 5 million less than 2014).
The last sentence there is your effective 'do we retire debt vs invest in players' equation...and I have proposed the stated split/balance ratio of around 1 to 4. The Board of course might see things differently but with a new mega TV deal on the horizon, I think what I have suggested is fiscally likely (perhaps even conservative in light of the imminent new monies)

Just orgasmed here.

LOVE IT.

 

[deipnosophist]

Just orgasmed here.

LOVE IT.

glad you came to like it lol

 

[bizzaro]

glad you came to like it lol

There is literally nothing better than financial talk about football clubs (Everton). Other than watching Naismith score (for Everton).

 

[deipnosophist]

There is literally nothing better than financial talk about football clubs (Everton). Other than watching Naismith score (for Everton).

I cannot find fault in what you say mate...especially the Naisy bit

 

[Goat]

LOL @ PEOPLE THINKING THEY CAN MATH

 

[potato]

id rather spend it on more kone's and alcaraz's

 

[Woolly Blue]

This is beginning to morth into a cross between the "Board" and "New Stadium" thread.
I think we all know what'll happen some time soon.

 

[deipnosophist]

LOL @ PEOPLE THINKING THEY CAN MATH

you do tend to be a very negative element don't you mate? You should try a bit of exercise, get some happy endorphins flowing.

 

[blue_aussie05]

id rather spend it on more kone's and alcaraz's

The main issue as far as I can see, regarding investing in players to take us towards the CL, is we desperately need to update our purchasing model to reflect a team chasing top 4, meaning we have to move away from knock-down haggle deals like McGeady and Kone, and look at only top quality. I know Alcaraz was signed on a free so therefore didn't cost us any money, but he hardly represents the type of player we're looking for

 

[Goat]

you do tend to be a very negative element don't you mate? You should try a bit of exercise, get some happy endorphins flowing.

Im sorry I think you have mistaken me for somebody that gives a sh1t what you say.

Soz abar me.

 

[deipnosophist]

Im sorry I think you have mistaken me for somebody that gives a sh1t what you say.

Soz abar me.

Well, given you a very sorry person, I guess you are used to apologising. Anyway mate, best wishes out there...on to ignore you go x

 

[McBain]

Hug it out you two.

 

[degsy]

instead of all the high faulting accountant / maths speak, I'd just like a break down of these 24+M operating costs