Solvency and summer transfer expectations

[steken1]

doesn't seem like rocket science does it, especially given moyes' lack of rotation. Tbh, that maybe why we can't perform for a whole season, i mean imagine if we started the season on fire, the amount of effort, tracking down etc. we play with every single game would take its toll. I think the reason we have so much backup is because we normally seem to have horrendous luck with injuries year in year out, not been bad at all this year thankfully, maybe it was rathbone still do not see any need for 3 solid keepers, unless hahnemann is n a really small wage, doubtful though

If we actually done this we'd have about 9 players. The tea lady would be up front if Jelavic got injured and we'd have Stubbsy dusting his gear off. We already have the smallest squad in the PL. We have cut to the bone all expenditure we possibly can. There are no more savings to make.

We didn't have the money to rebuild a wall last year. We will sail aimlessly until there are big changes at the club. The obstacle to these changes is the owners, the way the club is ran and the ground. We can all speculate how we could overcome these obstacles but it will always come down to money and a willingness to specualte to accumulate.

 

[zimblue]

For those who haven't read it:

"Everton are bleeding cash to the banks as they service their long-term debts. Although their loans fell from £30.5m to £23.7m last year, much was replaced by what is probably more expensive debt: the club's overdraft grew from £5.1m to £9.1m. Then they sold the Bellefield training ground for £9.325m. Now Everton will have to pay rent (said to be £1m a year) to use their day-to-day home. Worse still, there is already nothing left over from that sale. With £6.6m spent on paying transfer fees, the club's overall cash loss was £10,000. They must sell a player every year to remain afloat. This is why they have found it so difficult to attract a buyer." (Telegraph)

 

[steken1]

We don't know that though, and it's hard to see how we will know that. Might be true, it might not be.

There's absolutely no question that it's true. If every house on your street has sold and your's has been for sale the whole time there will be only two reasons yours has not.

1) Price
2) Terms of Sale

There's only a handful of clubs in the top two divisions of English football that have not seen a takeover.

 

[Brennan]

So our total debts stand at around £32m all told, plus the £1m a year to Finch Farm.

Are they seriously trying to say that the reason we haven't found a buyer is because we owe £30m ? Give me a ****ing break.

 

[Reidy's Bottle Of Grecian]

There's absolutely no question that it's true. If every house on your street has sold and your's has been for sale the whole time there will be only two reasons yours has not.

1) Price
2) Terms of Sale

There's only a handful of clubs in the top two divisions of English football that have not seen a takeover.

also Kirb appeal, (not Kirkby ffs) and the state of your curtains and chatels.

 

[johnnydawg68]

So our total debts stand at around £32m all told, plus the £1m a year to Finch Farm.

Are they seriously trying to say that the reason we haven't found a buyer is because we owe £30m ? Give me a ****ing break.

I think it's more that Everton aren't a profitable club. It would take a HUGE investment over and above the cost of actually buying the team (probably double).

So let's say you could buy Everton for 100 million free and clear, with none of the old regime around and the debts paid off. I think that's probably about right give or take. After that in order to fix the cash leak year over year, you'd have to 1) Buy Finch Farm back 2) Do something about the matchday revenues, which means significant investment in Goodison, or building a new stadium somewhere. Fixing Goodision is cheaper, but certainly not cheap and doesn't provide the long term cashflow that a new stadium would. 3) you would have to invest money in a net spend of new players to give Everton a legitimate shot at finishing top 4 to have a shot at the CL money. Qualifying for the group stages in the CL is crucial. Doesn't have to be every year, but at least every 3-5 years. As the article showed, that was worth 50 million to Spurs. Do that twice in 5 years, and you've got yourself a brand new state of the art stadium, or a completely refurbished Goodison. It matters.

 

[pfim]

So our total debts stand at around £32m all told, plus the £1m a year to Finch Farm.

Are they seriously trying to say that the reason we haven't found a buyer is because we owe £30m ? Give me a ****ing break.

It's more that Everton aren't worth anything. Who is going to buy a business with negative cash flows?

 

[steken1]

also Kirb appeal, (not Kirkby ffs) and the state of your curtains and chatels.

Price should take that into account. The reason we have not been sold is clear as day when we try and take the blue goggles off.

 

[D410]

It's more that Everton aren't worth anything. Who is going to buy a business with negative cash flows?

There are very rich people out there BUT we will never know as long as they are all forced to sign NDA,s and go through ONE MAN who told everyone that he is the best person to sell the club ......12 years and counting like.

 

[steken1]

It's more that Everton aren't worth anything. Who is going to buy a business with negative cash flows?

Someone who see's a realistic price and thinks he can improve how that business is ran. And who seriously disagrees that EFC could not be ran a billion times better than it is.

 

[pfim]

Someone who see's a realistic price and thinks he can improve how that business is ran. And who seriously disagrees that EFC could not be ran a billion times better than it is.

What is a realistic price for a business with negative cash flows and a high amount of risk?

What do NDAs have anything to do with it? Is there a situation anywhere in England where a prospective buyer wouldn't be forced to sign an NDA?

Who is the rich person?

Sorry, I'm no fan of the current regime and think they can do a better job, but I think many people here are stuck in the past.

 

[kenada_blue]

we are fooooked

some will say we're alright though

 

[Goat]

Safe to say its sell to buy, ity has been for years, its interesting recent net spend throughout the league, most sell to buy tbh.

Or the new vouge word: trading.

we are fooooked

some will say we're alight though

I found 1.

 

[Huyton Layne]

Anyone know why West Ham are in the table? Why there's only 19 clubs and why QPR and Norwich are missing?

edit: I'm confused, is this using a long time period? Blackpool are there too.

 

[Goat]

Anyone know why West Ham are in the table? Why there's only 19 clubs and why QPR and Norwich are missing?

edit: I'm confused, is this using a long time period? Blackpool are there too.

Its from last Season.