Sharpys top lip
Player Valuation: £60m
If he took his hands out of little boys yfronts long enough to read the true fact. he might not cone up with such a ******** statement. W.anker.....
Well in Damo lad, that's what we want too see from our main finance man
;-))>
EFC board PR spin aka Mark Lawrenson - rent a comment said:They were asking where the money has gone from the Mikel Arteta deal. Well, as far as I’m aware, Kenwright himself hasn’t pocketed it.
...
Instead it’s gone to help keep the club in the Premier League, on wages and on other expenditure.
That’s just the way it is. Not just for Everton FC, but for many other clubs.
Just tell me this. How can the Arteta money of been spent on wages when wage:turnover = <70% ????
Wages therefore are ca. 56 million whilst turnover is 80 million (2010 figures).
Its these types of mis-statement of the arguments being put forward by Lawerenson I object to. Claiming the Arteta money was spent on wages is just NONSENSE.
I personally think the bloated "Other expenses" in 2010 accounts was a bloated deferred tax settlement with HMRC.(following a similar claim made on Portsmouth).
That coupled to an increased cost of financing and "other claims".
Fans are in their rights of demanding an answer to precisely what "other expenses" are. I for one want to have itemised by the club. Transparency is good for the business/club.
That claim makes that article spin utter ridiculous. Lawrenson would do well to remember its a legal requirement for EFC to publish the accounts and that misrepresentation or omission within the accounts is an offence under the Fraud Act 2006.
If its not two melts shouting through railings its the boards pathetic PR through the local press making us look like melts!
I also object to Lawrenson lumping Moyes in with Kenwright. They are two separate people with different responsibilities to the club. Moyes is responsible for the team. The board are trying to use Moyes as a shield from criticism on finances of the club which is a disgrace!
)>....I draw the line at all that -what goes to HMRC , I struggle with my own tax forms never mind the clubs)>....
Maybe you could be my new accountant Matt free of charge to all Evertonians the rumour was ????
He hasnt got a clue what hes saying, the fact hes now posted this about 20 times is boring and snorefestable.
Damon steady up on the en-Bold-en-ing eh.
The underlining I found also to be over the top.
You hungry Goat?
No ive just EATEN my TEA.