Solvency and summer transfer expectations

[Huyton Layne]

Oh I get it now duhh, can't use this years numbers as they haven't happened yet. I need a nap.

Don't see Birmingham there. They must be off the chart.

 

[blue61]

we are fooooked

some will say we're alight though

 

[johnnydawg68]

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.

There's no question Everton have a lot more potential, but it's going to take a huge amount of money to refurbish the club. Sticking with the real estate theme, Everton have good "bones" but it's going to take a major rehab to turn it into the prettiest house on the block. For someone with the cash, and the best long interests of the club, it's very doable. But it would be a long term investment. You'd be tying up several hundred million dollars over the course of probably 10-15 years, and probably not a lot of ROI for a while. Most rich people don't get rich by investing in enterprises with an ROI like that. Hence no buyers. This isn't hard to figure out guys.

As to why the current board won't sell cheaper...well that's a matter for debate. Some seem to think that they are getting rich off Everton now. I haven't seen anything to suggest that, but if someone can link me to some proof the current board are making money at the club's expense, I'd like to see it. More likely, they aren't making any money and their one shot to cash in is by holding firm on the price.

Take those two pieces together and it explains our situation, but if someone can prove me wrong, I'm all ears.

 

[kenada_blue]

dunno what you're talking about.....*whistles and makes edit*

 

[blue61]

dunno what you're talking about.....*whistles and makes edit*

Apoglies for jumping on yure misprit.

 

[chris_b]

You lot are a fairly glass half-empty bunch arent you. If you look at those figures comparing us to the rest of the league we are not doing too badly.

Debt is in the top half for lowest.
Income in the top half
turnover in the top half.

All this doom and gloom about Everton and everton are actually doing reasonably well compared to half the league.
Most clubs outside top 4 dont have enough income that their problem as there is no way of improving what you have without it.

The selling your house analogy is slightly misleading as the fact is no-one gives a stuff who they sell their house to - they just want the cash to go and by another. In Evertons case who buys it is far more important than how much it is being sold for.

so can we please stop with the pathetic argument that the asking price is too high as its completely made up and noone has any evidence to back it up.
I could just as easily say that we need to play in a different colour as potential owners are being put off by the blue shirts!

 

[Goat]

Bob is that you?

 

[steken1]

There's no question Everton have a lot more potential, but it's going to take a huge amount of money to refurbish the club. Sticking with the real estate theme, Everton have good "bones" but it's going to take a major rehab to turn it into the prettiest house on the block. For someone with the cash, and the best long interests of the club, it's very doable. But it would be a long term investment. You'd be tying up several hundred million dollars over the course of probably 10-15 years, and probably not a lot of ROI for a while. Most rich people don't get rich by investing in enterprises with an ROI like that. Hence no buyers. This isn't hard to figure out guys.

As to why the current board won't sell cheaper...well that's a matter for debate. Some seem to think that they are getting rich off Everton now. I haven't seen anything to suggest that, but if someone can link me to some proof the current board are making money at the club's expense, I'd like to see it. More likely, they aren't making any money and their one shot to cash in is by holding firm on the price.

Take those two pieces together and it explains our situation, but if someone can prove me wrong, I'm all ears.

OK, I'll have a quick bash at improving our fortunes without spending anything much really.

1) Look at sponsorship and go for market rate. Villa, Brom and a few others outstrip us in this area by up to £2.5m P.A. There's also the possibility cash in on an american connection with a certain signing putting us in pole position in that market.

2) Bring merchandising in-house with specialists running it. How much do Kitbag make out of Everton over a year? My estimate would be about £1.5-2m P.A

3) Improve commercial sales and advertising. Even the electronic boards around the pitch are outsourced. With the club taking a small percentage of the revenue's. Same for the catering and hospitality. I estimate this costs us £1-2m P.A

In my mind thats 4-6m p.a to play with. Only the kitbag deal is a long term one with a lot of time left to run on it. What that money was to be spent on is anybody's decision. Specialist managers in each area with a team wouldn't cost the earth to almost ensure success.

I'd be looking at getting FF back in house with a short mortgage that would see the £1m pa and rising cost saved. Then I'd look at a phased redevelopment starting at the park end with a development similar to what was proposed but with hotel and Blue museum. Again creates additional income.

It's pointless debating much further about what could be done but the Everton place development was infrastructure we could use and getting FF back in house would save literally tens of millions over the life of the lease.

However small someone needs to start looking at ways of generating some additional income for the club. The reasons for outsourcing can be good and legitimate. But once you have learned what you need to know from your partner you need to be running solo and keeping a greater share of the spoils. We aren't.

It's not ridiculous to suggest shareholders provide some working capital. But even if they don't we are not stuck in a rut. We just lack the desire to change our own situation. I've seen companies in a far worse state than us emerge and be successful.

 

[kenada_blue]

OK, I'll have a quick bash at improving our fortunes without spending anything much really.

1) Look at sponsorship and go for market rate. Villa, Brom and a few others outstrip us in this area by up to £2.5m P.A. There's also the possibility cash in on an american connection with a certain signing putting us in pole position in that market.

2) Bring merchandising in-house with specialists running it. How much do Kitbag make out of Everton over a year? My estimate would be about £1.5-2m P.A

3) Improve commercial sales and advertising. Even the electronic boards around the pitch are outsourced. With the club taking a small percentage of the revenue's. Same for the catering and hospitality. I estimate this costs us £1-2m P.A

In my mind thats 4-6m p.a to play with. Only the kitbag deal is a long term one with a lot of time left to run on it. What that money was to be spent on is anybody's decision. Specialist managers in each area with a team wouldn't cost the earth to almost ensure success.

I'd be looking at getting FF back in house with a short mortgage that would see the £1m pa and rising cost saved. Then I'd look at a phased redevelopment starting at the park end with a development similar to what was proposed but with hotel and Blue museum. Again creates additional income.

It's pointless debating much further about what could be done but the Everton place development was infrastructure we could use and getting FF back in house would save literally tens of millions over the life of the lease.

However small someone needs to start looking at ways of generating some additional income for the club. The reasons for outsourcing can be good and legitimate. But once you have learned what you need to know from your partner you need to be running solo and keeping a greater share of the spoils. We aren't.

It's not ridiculous to suggest shareholders provide some working capital. But even if they don't we are not stuck in a rut. We just lack the desire to change our own situation. I've seen companies in a far worse state than us emerge and be successful.

Its simple but the board rent too arsed as long as the ship stays afloat.

 

[Arteta2391]

I expect 2-3 loans coming in at the last day of the transfer window and maybe give Mcfadden a new contract.

 

[pfim]

Most of those things require capital.

Buy back Finch Farm? What?

 

[chris_b]

Its simple but the board rent too arsed as long as the ship stays afloat.

OK, I'll have a quick bash at improving our fortunes without spending anything much really.

1) Look at sponsorship and go for market rate. Villa, Brom and a few others outstrip us in this area by up to £2.5m P.A. There's also the possibility cash in on an american connection with a certain signing putting us in pole position in that market.

2) Bring merchandising in-house with specialists running it. How much do Kitbag make out of Everton over a year? My estimate would be about £1.5-2m P.A

3) Improve commercial sales and advertising. Even the electronic boards around the pitch are outsourced. With the club taking a small percentage of the revenue's. Same for the catering and hospitality. I estimate this costs us £1-2m P.A

In my mind thats 4-6m p.a to play with. Only the kitbag deal is a long term one with a lot of time left to run on it. What that money was to be spent on is anybody's decision. Specialist managers in each area with a team wouldn't cost the earth to almost ensure success.

I'd be looking at getting FF back in house with a short mortgage that would see the £1m pa and rising cost saved. Then I'd look at a phased redevelopment starting at the park end with a development similar to what was proposed but with hotel and Blue museum. Again creates additional income.

It's pointless debating much further about what could be done but the Everton place development was infrastructure we could use and getting FF back in house would save literally tens of millions over the life of the lease.

However small someone needs to start looking at ways of generating some additional income for the club. The reasons for outsourcing can be good and legitimate. But once you have learned what you need to know from your partner you need to be running solo and keeping a greater share of the spoils. We aren't.

It's not ridiculous to suggest shareholders provide some working capital. But even if they don't we are not stuck in a rut. We just lack the desire to change our own situation. I've seen companies in a far worse state than us emerge and be successful.

OK
To bring merchandising in house would involve an initial outlay of cash which we dont have as we have to set up that arm of the business in the first place.
Buying back finch Farm and redeveloping the Park End also involve spending money we dont have.

As for the signing of a certain American - well given our extremely limited transfer budget we dont have the funds to spend on that in the first place.

Yes quite probably all those ideas would make money but we cant afford to do them as they cost money to do in the first place.
A new stadium & lots of executive boxes would increase our revenues but we dont have the money to do it

 

[steken1]

Most of those things require capital.

Buy back Finch Farm? What?

I'm not sure what you mean by the above???^^^

They require capital we could generate ourselves by bringing outsourced services in-house and delivering them properly. If we can make an extra £5m a year, which we know we can, that can pay for a park end development within two years.

The park end development can fund a mortgage to buy FF back and save £1m a year doing so. Or of you prefer 80 odd million over the life of the lease.

Either way the only outlay is bringing your services in house and negotiating better sponsorships based on what clubs below your peer group have done.

 

[steken1]

OK
To bring merchandising in house would involve an initial outlay of cash which we dont have as we have to set up that arm of the business in the first place.
Buying back finch Farm and redeveloping the Park End also involve spending money we dont have.

As for the signing of a certain American - well given our extremely limited transfer budget we dont have the funds to spend on that in the first place.

Yes quite probably all those ideas would make money but we cant afford to do them as they cost money to do in the first place.
A new stadium & lots of executive boxes would increase our revenues but we dont have the money to do it

We may be stuck with Kitbag. We aren't stuck with Chang forever. They are paying us peanuts. Can you explain to me how Villa are getting about £2.5m a year in sponsorship than us?

Sodexho are in full control of every aspect of corporate and commercial sales inside Goodison.

Thomas Cook run all our travel packages.

Our in ground advertising is outsourced.

There is big potential to increase revenues here. The lazy incompetant board don't even have to do it themselves. They would only need to recruit a small team to oversee delivery of each aspect once it came in house. We should already have a spy in every camp watching how every aspect of the outsourced service is managed and delivered so we bridge the knowledge gap.

Once we start taking back the revenues going out of the club to Kitbag, Sodexho, Thomas Cook and everybody else that has taken advantage of our position we can then invest it which I have suggested in a basic fashion in the above posts.

No situation is hopeless.

 

[kenada_blue]

OK
To bring merchandising in house would involve an initial outlay of cash which we dont have as we have to set up that arm of the business in the first place.
Buying back finch Farm and redeveloping the Park End also involve spending money we dont have.

As for the signing of a certain American - well given our extremely limited transfer budget we dont have the funds to spend on that in the first place.

Yes quite probably all those ideas would make money but we cant afford to do them as they cost money to do in the first place.
A new stadium & lots of executive boxes would increase our revenues but we dont have the money to do it

This is not something that's been a problem this or last season...its been a problem since Kenwright took over and Johnson before him.

We've grown bit by bit mainly down to the avenues David Moyes opened. But the board took baby steps to put concrete plans in place over 10+ years and failing miserably at any major shake ups ie ground moves. Its now stagnated and their business plan is spent.

As for some cash "injection" Im sure our major shareholder who's worth £240million can boost our profile in the states merchendise wise.