bluenose125
Player Valuation: £500k
Apparently he doesn't know, remember him saying something along the lines of "ASK THE ACCOUNTANTS, I'M JUST THE CHAIRMAN".He hasn't got a clue.
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mikewex
Guest
Except he didn't. What he actually said was:
"That figure is made up of around twenty-five cost centres which like all areas of the Club are monitored constantly. It includes every item of expenditure that we incur besides wages. It is considerably less than many other clubs of similar size and there is absolutely no frivolous, extravagant or unrequired expenditure in there. To add to this, we've just hired procurement specialists to drive this number even lower.
365 days a year we maintain Goodison and Finch Farm. We pay rent, rates and a substantial utility bill. We maintain some of the best pitches in the League. We support a modern, secure IT and communications infrastructure. This season already we've hosted 24 games and paid the police and stewards, provided food in the lounges and supported an expensive matchday operation. Less often this season, we have travelled to away games and funded a large travelling party in a way that ensures we have the best possible chance to win the game. We sometimes fund a large travelling party of fans! Like all businesses we pay lawyers and accountants and advisers and auditors too much, but football is a business that attracts attention and we need help from our professional partners. It is a large and complex business."
If you want to compare it to other clubs, look up the operating expenses and subtract the wages.
Take Villas: Operating Expenses £111m, wages £79m = OOC £32m
http://astonvilla-views.com/2011/02/26/villa-record-a-loss-of-37m-for-the-year-avfc/
Spurs
Other Expenses £32m
http://swissramble.blogspot.ie/2011/12/tottenham-grounds-for-optimism-or.html
Sunderland
Total costs £110m, wages about £50m trading around £30m = Other Operating Cost about £30m
http://tyneandwear.sky.com/sunderland/article/16296
Oh I know it suits the general narrative to distill down data to a soundbite and then dismiss it, and it may suit the internet based fans to do so, but its done to keep a sense of self righteous indignation going.
The "Other Operating Costs" scandal is actually bolloxology of the highest order. I've said before that the board has a lot to answer for, and need to sell up to get investment in, but distracting crap like this helps no-one.
CallumGamble
Player Valuation: £500k
But the boys pen? No one is buying football clubs! He's the best salesman for Everton Football Club!!
Blackwatch1878
Player Valuation: £950k
He did brain storm the stadium issue and maybe that was mentioned in a quote , Nothing concrete , doubt he would of Forced it on anyone though like bill and his freeloaders , especially the way they dressed it up
steken1
Player Valuation: £70m
No mate, that's not how you work out other operating costs at all. Each expenditure falls into a category that is itemised in our accounts.
We do not just have wages and other operating costs.
There are 12 separate lines in our accounts(If I remember I'm not digging them out) each will have several sub sectors, as he says that one has 25. A lot of what Elstone is talking about is already accounted for.
If you think the things he's mentioned adds up to over £23m quid then you must be drinking too much herbal tea. The OOC has gone up from around £1m ten years ago. Why such an astronomical rise?
Why so much secrecy? He could debunk this myth in ten seconds by ensuring they are itemised for one year in next years accounts. Bill tried to dodge the question in his meeting with the BU. Elstone has dodged it again with the pathetic statement you have repeated above.
Even being absolutely, ridiculously over the top with payments you cannot make the things talked about by Elstone come near to £23m. Feel free to have a go though.
You've missed the point if you think we're praising Johnson. Him and Kenwright are both failures it's just Kenwright keeps getting a pass for it.
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mikewex
Guest
You should probably dig out the accounts so. The breakout is:
Amortisation of players’ registrations (note 10) 17,150
Staff costs (note 7) 54,311
Depreciation (note 11) 1,515
Other operating costs 23,797
Total operating expenses before exceptional items 96,773
Exceptional item - new stadium project -
Total operating expenses 96,773
None of the items listed by Elstone fit in any other category. All of the clubs I noted above figures are net of player contract amortisation. So the only outstanding was depreciation of FA.
Amortisation of players’ registrations (note 10) 17,150
Staff costs (note 7) 54,311
Depreciation (note 11) 1,515
Other operating costs 23,797
Total operating expenses before exceptional items 96,773
Exceptional item - new stadium project -
Total operating expenses 96,773
None of the items listed by Elstone fit in any other category. All of the clubs I noted above figures are net of player contract amortisation. So the only outstanding was depreciation of FA.
davek
Player Valuation: £150m
I have no idea how you're coming up with that lot mate. There are no 'other operating costs' stated at those other clubs in the links you give and you're assuming that you know beyond wages and player trading that each has a massive category needing servicing beyond ordinary service expenses. In short, you're using the barest of figures to concoct an equivalent scenario at those clubs.
There's also no explanation why Everton's 'Other Operating Costs' have shot through the roof, given Elstone's list they wont have changed that dramatically. And the costs incurred each year for FF are literally unbelievable, btw.
It's all far from 'bolloxology'.
whiteshadow
Player Valuation: £25m
Great post, just proves what crap half the people on here are spouting out as if it's fact about the operating expenses.
I can't believe the OP had Cahill's yearly wages included in the missing money figures when he's been at the club all year. It just shows how people make up facts to suit their own agenda's without basing them on reality.
The people who are anti the board\Kenwright have really valid points to make but when they're coming up with stuff like this they're just losing credibility.
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mikewex
Guest
Such as? What sort of large figure would either not need to be declared on its own, or be so mundane the report would ignore it?
Yes, that is true. As opposed to "It feels wrong, and everyone knows the board are crooks anyway" which is basically the argument. Its usually accompanied by some pointless comment about handlebars, or uncle cyril or spaces or some such garbage.
I don't know how much it cost to run a club the size of Everton. All I can do is compare it to whatever figures I have available for similar sized clubs and note that it seems pretty well in the ballpark, after that I have no real reason to turn it into some artificial scandal.
There are no scouting fees going to Kenwright either.
whiteshadow
Player Valuation: £25m
Everton's turnover\wages ratio is normal compared to similar clubs such as Villa, Sunderland, Newcastle etc.
I think if the board were doing something really dodgy with the clubs finances it'd show up in our overall figures compared to similar level teams. We spend comparable amounts to most other teams, in fact we spend more on wages than some clubs with higher turnovers.
I think if the board were doing something really dodgy with the clubs finances it'd show up in our overall figures compared to similar level teams. We spend comparable amounts to most other teams, in fact we spend more on wages than some clubs with higher turnovers.
Cena
Player Valuation: £70m
I prefer Johnson to Kenwright, not even arsed
quasi modo
Player Valuation: £50m
Next one of the wage bill should be Neville.
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