Transfer Budget

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Investing: the act of investing; laying out money or capital in an enterprise with the expectation of profit.

Bare that in mind. Some dude invests £50m in players, what's he going to do to get that £50m back with interest?
 
I remember a similar thread last year, people going ape [Poor language removed] becuase our transfer budget was supposedly 10 mill, turnedout we spent 25 mill! Moyes's budget has grown year on year i dont see why this year will be different! If its the same this year as last i will be happy.

What the club is good at is making the football world think we dont have a pot to piss in, the knock on effect is that some fans actually beleive it!

It called transfer strategy Cal mate!
 
How quickly some people forget Leeds United.

Where do you think this money's gonna come from? Thin air?

Right everyone, start scrounging around under the couch cushions and see what we can come up with.

I've been extremely satisfied with:
  • The money that's been made available to Moyes
  • How Moyes has spent that money
  • How Moyes has built the squad up without untold millions
  • How the club has stayed solvent without major league debt issues
If it isn't broken, don't fix it.
 

Tx I have no problem with the way Moyes has used any cash he has been given.But if as looks likely we are in Europe in consecutive seasons I feel Moyes has earned the right to compete in the market OK maybe top 4 are beyond our means but smaller clubs appear to have larger transfer budgets not good enough :@
 
thats a question for Kenwright it goes with the job,I accept that if he has not got it he cant give it but in that case he finds someone who will or steps a side this is not a dig at Kenwright but a fact to continue our progress we need better players which means higher wages and transfer fees if not Moyes could decide hes gone as far as he can and move on as it must frustrate him as much as any fan
 
Firstly, I guess I am one of the mugs as Cal describes. I am much happier knowing we are doing this the right way rather than looking for short term gains at the expense of long term stability.

All these investors are going to expect to see a return for their money going in, and if they don't the clubs will be asset stripped and all those 'luv-lee' expensive players will be sold off. I am adamant that when the 'boon' caves in, there will be few clubs left standing in good financial health. Ours will be one of them, along side Man U and Arsenal (Chelsea are dependent solely on how long Abramovich want to play with them).

Be happy we have a prudent bean counter who has OUR best BLUE interests at heart, not the guy trying to keep the shareholders happy (think of it like a politician trying to keep his special interest groups happy)
 
for me it's something i console myself with from the barren years, the fact that we didn't commit financial suicide and end up where leeds are, money doesn't guarantee success.
ushited have always been the big money boys even before they were a plc. season after season they were installed as favourites for the title on the strength of what they had spent, record transfers one after the other, and they never managed to win the thing. it was only when they assembled a team of homegrown kids that they managed to succeed.
now it seems you can buy the thing by purchasing the best players from around the world, but it's still a fine line, abramovich seems to be getting a bit bored and i reckon if the chelski fans keep singing for jose and don't come round to his mate larry grayson then he'll upsticks and take all his toys with him.........cue chelski meltdown.
the money that it is reckoned you need to spend to break into the top 4 is not covered by cl prize money unless you do it season after season without having to keep on spending vast amounts.
 

Firstly, I guess I am one of the mugs as Cal describes. I am much happier knowing we are doing this the right way rather than looking for short term gains at the expense of long term stability.

All these investors are going to expect to see a return for their money going in, and if they don't the clubs will be asset stripped and all those 'luv-lee' expensive players will be sold off. I am adamant that when the 'boon' caves in, there will be few clubs left standing in good financial health. Ours will be one of them, along side Man U and Arsenal (Chelsea are dependent solely on how long Abramovich want to play with them).

Be happy we have a prudent bean counter who has OUR best BLUE interests at heart, not the guy trying to keep the shareholders happy (think of it like a politician trying to keep his special interest groups happy)

I'd rather come 5th every year for the next 10 years and be in the position we are in now than win the premierleague and the champions league but be playing our football in league 1.

Of course i'd love nothing more to see us win those things and still survive as serious contenders but in order to do so we have to take a huge financial risk.

As long as Bill doesn't hold back money and we start to slip down the table all things considered i'll take whatever he's got. Would be great if he has enough money to turn us into challengers for the title but not at the expense of the club.
 
Interesting Article in the times : http://www.timesonline.co.uk/tol/sport/football/premier_league/everton/article3897270.ece

Keith Wyness, the Everton chief executive, expressed confidence yesterday that David Moyes will sign a new contract with the club in the face of lingering uncertainty over the manager's position. Moyes's contract expires at the end of next season, but while he has been in talks with Bill Kenwright, the Everton chairman, since the turn of the year about a lucrative new deal, an agreement has not been reached.

“Bill and David have been deep in discussions for some months,” Wyness said. “Those talks are going fine, there is absolutely no problem there at all.”

Kenwright is thought to have given Moyes assurances that the club will match his ambitions by making funds available for high-calibre players in the transfer market this summer.

Steve Sidwell, the £3million-rated Chelsea midfield player, and Michael Bradley, the Heerenveen midfield player who would cost about £4.5million, are targets, although Moyes has indicated that if the club are serious about challenging for a Champions League place they may have to break their £11.25million transfer record.

A point at home to Newcastle United on Sunday would guarantee Uefa Cup football next season and Moyes said: “We have a responsibility to get good players in and we expect to. If we can add those players to the ones we have, hopefully we will do as well again and maybe even better.”
The times seem to think that Moyes is being backed by Kenwright.
 
Interestingly West Ham revealed this morning that they'll be paupers this summer, only spending what they earn from sales. They splashed out last summer and gave Dyer et al 80k salaries and it resulted in their wagebill reaching £50m, on turnover of £57m.
 

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