Where's the Money goes - Elstone reply to fans taken from EFC OS

[The Esk]

For the first time in years I haven't gone to Villa Park when free to do so, I just could not justify the time and effort. Having said that I hope they put in the performance of the season and make me mad I didn't go!

Just a comment on one aspect of Elstone's blog - I just wish he would not try to represent everything in the best possible light, and in doing so trying to represent the picture as better than it actually is.

Let me give an example - he quotes Everton as having the 8th best revenues and the 10th highest wage spend in the Premiership over the last 5 years. Sounds ok when you consider there are 20 teams in the League, except for one thing, only 12 clubs have stayed in the Premiership over the last 5 years. Why does he insist on putting out statements that frankly with a minimum amount of thought can easily be unravelled ?

The figure does however demonstrate again the massive out-performance achieved by Moyes and the players, despite the very obvious reservations currently felt by the majority of fans, me included.

 

[DualityNSNO]

You still haven't answered why it should be £20m more, who is this in comparison to?

He won't.

 

[Reidy's Bottle Of Grecian]

For the first time in years I haven't gone to Villa Park when free to do so, I just could not justify the time and effort. Having said that I hope they put in the performance of the season and make me mad I didn't go!

Just a comment on one aspect of Elstone's blog - I just wish he would not try to represent everything in the best possible light, and in doing so trying to represent the picture as better than it actually is.

Let me give an example - he quotes Everton as having the 8th best revenues and the 10th highest wage spend in the Premiership over the last 5 years. Sounds ok when you consider there are 20 teams in the League, except for one thing, only 12 clubs have stayed in the Premiership over the last 5 years. Why does he insist on putting out statements that frankly with a minimum amount of thought can easily be unravelled ?

The figure does however demonstrate again the massive out-performance achieved by Moyes and the players, despite the very obvious reservations currently felt by the majority of fans, me included.

Cos he takes us all for mugs mate, when he looks around the crowd he sees a load of toby jugs.

When he went to Hull KR they were almost playing park rugby with a big fanbase, so the rise was inevitable really, and he was on for the ride. His soundbites were probably ace to them with the resurgence happening. The same tack with us makes him sound like an idiot.

 

[The Esk]

Cos he takes us all for mugs mate, when he looks around the crowd he sees a load of toby jugs.

When he went to Hull KR they were almost playing park rugby with a big fanbase, so the rise was inevitable really, and he was on for the ride. His soundbites were probably ace to them with the resurgence happening. The same tack with us makes him sound like an idiot.

Correct Reidy - perhaps he doesn't realise we are supposed to be the "most-knowledgeable" of football fans...

 

[Reidy's Bottle Of Grecian]

I think they know that we can see right through them tbh, they must deem us incredibly thick if they think we can't.

So that then points towards them treating us with contempt as well as taking us for fools.

 

[njligernj]

http://www.evertonfc.com/evertoninteractive/where-the-money-goes

I feel like this preposterously simplified chart with pretty pictures on it is the way they prepare year-end financial statements for Kenwright.

Of course he still doesn't understand them because he said we'd have the Arteta money and got a newspaper to apologize for saying we wouldn't.

 

[Mvflusk]

The newspaper apologised for saying Arteta was sold for financial reasons. Which he wasn't. He was sold because he wanted to go to Arsenal. It was only afterwards due to lower than expected revenues that it became apparent we would not get to reinvest the entire fee in the playing squad.

 

[BoysInBlue]

The newspaper apologised for saying Arteta was sold for financial reasons. Which he wasn't. He was sold because he wanted to go to Arsenal. It was only afterwards due to lower than expected revenues that it became apparent we would not get to reinvest the entire fee in the playing squad.

It's a self-fulfilling prophesy that if you sell your best player and a massive fans favourite, the revenue will be less than expected because fans won't be happy and will vote with their feet. A 10 year old could have told the club that. The negatives of selling him far outweighed the positives.

The fact that Elstone didn't see that, and that the club didn't see that, is one of many examples of poor management and planning.

Also, this idea that 'he wanted to go' is not reason alone to sell him. This has been our curse as a football club for many years. Arteta was on a 5 year contract on £75k a week and was very happy at the club. He was all over all of the season ticket paraphernalia back in March. They used him for the specific reason that they thought it was a safe bet he was staying and that they'd build stuff around him.

Spurs have shown with Modric that if a club is strong enough, they can still hold all the cards in regards to whether or not they let a player go. For once in our history, it would have been nice for the club not to simply see a fast buck. In the long run it has cost us big.

If we finish around 12th or 13th this season, we will make around £10m less prize (position) & tv money than we did last season when we finished 7th. So there's the £9m Arteta money gone, and more.

So ultimately, fans staying away is not the direct cause of our woes anyway - it is selling our best player, which affected how well the team can perform, which affected where we can finish in the league.

The club's mismanagement is to blame, not the fans. Of course, the club won't agree - turkeys don't vote for Christmas or say they got it wrong.

It's up to intelligent people to make their own mind up and not just accept the club's word just because the club said it.

 

[Xavi]

It's a self-fulfilling prophesy that if you sell your best player and a massive fans favourite, the revenue will be less than expected because fans won't be happy and will vote with their feet. A 10 year old could have told the club that. The negatives of selling him far outweighed the positives.

The fact that Elstone didn't see that, and that the club didn't see that, is one of many examples of poor management and planning.

Also, this idea that 'he wanted to go' is not reason alone to sell him. This has been our curse as a football club for many years. Arteta was on a 5 year contract on £75k a week and was very happy at the club. He was all over all of the season ticket paraphernalia back in March. They used him for the specific reason that they thought it was a safe bet he was staying and that they'd build stuff around him.

Spurs have shown with Modric that if a club is strong enough, they can still hold all the cards in regards to whether or not they let a player go. For once in our history, it would have been nice for the club not to simply see a fast buck. In the long run it has cost us big.

If we finish around 12th or 13th this season, we will make around £10m less prize (position) & tv money than we did last season when we finished 7th. So there's the £9m Arteta money gone, and more.

So ultimately, fans staying away is not the direct cause of our woes anyway - it is selling our best player, which affected how well the team can perform, which affected where we can finish in the league.

The club's mismanagement is to blame, not the fans. Of course, the club won't agree - turkeys don't vote for Christmas or say they got it wrong.

It's up to intelligent people to make their own mind up and not just accept the club's word just because the club said it.

So true mate

 

[Reidy's Bottle Of Grecian]

Arteta stank the place out when he came back from injury, I am more brassed about Pienaar leaving tbh as him and Baines worked via telepathy and e.s.p. In fact when Mikel came back Pienaar seemed to have all his responsibilities taken away from him and handed back to Mikel, who proceeded to go sideways on days when he was in an attacking mood.

His time had passed with us, we were seeing a shadow of what we had seen previously, something we are also seeing with others, sometimes letting go is the hardest thing to do but if we are to be successful then we can carry no passengers*.... especially 70k per week ones.


*& non scoring strikers.

 

[Gwladys St. Glory]

Also, this idea that 'he wanted to go' is not reason alone to sell him. This has been our curse as a football club for many years. Arteta was on a 5 year contract on £75k a week and was very happy at the club. He was all over all of the season ticket paraphernalia back in March. They used him for the specific reason that they thought it was a safe bet he was staying and that they'd build stuff around him.

 

[trigger the blue]

robert elstone you are a gobsh1te,why dont you just fuk off you horrible smug tvvat you are clearly clueless!!!!!

 

[njligernj]

The newspaper apologised for saying Arteta was sold for financial reasons. Which he wasn't. He was sold because he wanted to go to Arsenal. It was only afterwards due to lower than expected revenues that it became apparent we would not get to reinvest the entire fee in the playing squad.

BoysinBlue made a good point and I will follow that up with this: how is the fact that our business acumen is so poor and our margins so slim that the fact we can miss so wildly on a projection for three months in the future considered a viable excuse? "Oh don't blame them, they wanted to reinvest the money but that was a couple of months ago -- what business in the world plans three months ahead and prepares for their actions to have consequences?!?!" Lots of teams have players who want to leave every now and again. They don't all get sold. Yes he wanted to go. However to say the finances didn't play a part isn't accurate. That said, I'm not against selling him in theory (moneyball and all that) if we were to reinvest in the squad.