Will the new BPL TV rights deal finally allow Everton to progress ?

[sbbefc]

The only way we can benefit from this is if the rest of the league remain sensible with their money as well, potentially it could aid us to build a new stadium however I doubt that will be the case with higher fees and wages. It wont change much other than the import of more cheaper foreign players.

 

[steken1]

Agree on all of the above, but i doubt if any of our debt has been reduced if im honest. I disagree on the likes of Villa, R/S and possibly Sunderland as well - they are still dependent on their owners and strike the balance between dismantling squads and getting a manageable wage bill. To be fair Newcastle have done really well since coming back up, they have got rid of all third part debt, brought their wage bill down to about 65% and remained competitive, their turnover should be better and surprisingly its not far of our own at the mid 80 millions - really should be better with their infrastructure and geography.

I'm quite suprised by the Newcastle turnover. I remember at one point before they went down they were taking over £100m. Recessions and what not maybe? At this point I think it's fair to say Newcastle ar a well run club.

The money to Villa and The R/S will make a massive difference. IMO Villa will repay Lerner and he'll get out of football and the R/S will be able to give super Bren a bit of money to keep the natives from revolt, with Brenda being able to go after some of the 'big' names they crave. I can't help thinking the status quo suits us far better than all our nearest rivals.

What makes you think our debt will be untouched?

 

[Count Duckula]

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The PL needs to cartel at this point & stop this incremental cash flowing straight into players & slimey agents pockets, they should collectively "hold their nerve" & set either an informal or foramlised wage cap.

EFC should imo, use the incremental cash to leverage borrowings to fund a stadium solution.

There is no doubt that this extra revenue represents a massive opportunity for us. People argue that it will just lead to expenses, such as player salaries, sky rocketing. History does prove this to an extent, but not totally. Everton have always imposed their own wage cap, it has increased in recent years off the back of other massive television deals, but there is no doubt that it has benefited us already.

Our wage cap is said to be around 75k a week, with only Fellaini and Arteta ever reaching that ceiling. The simple fact of the matter is that without the previous increases from television revenues, we would have never been able to afford such salaries, and said players would have left Everton much earlier. As mentioned in the post above, Everton need to stick to their own guns on salary caps, and so does every other club that wants to remain prudent.

I am inclined to agree with the notion of using the extra revenue for stadium re-development, but then I realise that the only reason I want to do that is because a better stadium may attract a new buyer and rid us of Kenwright. This is a very valid point, but so is the fact that most of our revenue comes from TV, which makes me think that we might be better off investing all the money in squad improvement. The higher up the league, and the more times you feature on TV, the more money and exposure you get.

Spend it wisely and we will improve, spend it recklessly and it will put us back a minimum of 5 years.

 

[Neiler]

I'm quite suprised by the Newcastle turnover. I remember at one point before they went down they were taking over £100m. Recessions and what not maybe? At this point I think it's fair to say Newcastle ar a well run club.

The money to Villa and The R/S will make a massive difference. IMO Villa will repay Lerner and he'll get out of football and the R/S will be able to give super Bren a bit of money to keep the natives from revolt, with Brenda being able to go after some of the 'big' names they crave. I can't help thinking the status quo suits us far better than all our nearest rivals.

What makes you think our debt will be untouched?

Agreed i spent a couple days at St James park and its a fantastic facility, it really should be making more money, while they have a huge catchment area with no real competition, while i believe there is a waiting list for season tickets of a couple of years - certainly there was when i was there which was the year they were relegated. That said there net debt stands at 140mill - to Ashley - though tbf this is interest free.

I wouldnt separate Villa from Learner tbh they are one and the same, they are into him for a lot of money, while he takes 12mill in interest per year out of the club on the loans hes given - i think they are a mess if im honest, as ive been saying even in the early days of his reign there. When you look at their need to dismantle the squad, taking a hit, the emphasis on spending now with the need to change the model of recruiting from the lower leagues things dont bode well. I think they are set for mediocrity for a while unless Lambert who i rate can pull a rabbit out of the hat.

The R/S are a money making machine tbh, i wouldnt even try to compare ourselves to them they will always have more money then us, 14mill extra for them in TV money is a drop in the ocean. Its a perennial thing we will never compeate financially orgaincally with them. They are prob the worst managed club over the last 20 years, the money they have spent for very little yeild is ridiculous. You have to assume they will get their house in order at one stage or another though.

I believe any money we brought in has been spent, i know people will scream and do the net sums but its more complicated then that, we loose circa 5 mill a year so thats a ten mill chunk before you start, we bought players in Jan which was an outlay, we gave new contracts, while im aware that employing cannon fodder like McFadds, Hanemann, loan fees for Drenthe, Dier, Strauq, Pienaar Don - was in the region of costing the club 10 mill +. Some short term debt was paid but, but i believe the club refinanced and rolled over.

The club have also invested a lot this summer, the view was this was a big summer to replenish the squad with younger players for regeneration for the next cycle. Part of the thinking was - we were going to push the boat out this summer before FFP and PL regulations came in on spending, the club are anticipating a race to the bottom when it comes to younger players, so tried as much as possible now for the future. You would be surprised how much finance this has eaten up. Sadly i believe that next summer is going to massively tough for us, we have the second half of the debt that was called in last summer falling due, strangely the sum falls almost exactly the same as the increased rev from the Tv deal. Though i beleive the club are less naieve this time around in terms of hopes of refinancing which saw the fire sale the summer before last.

All in all with the above i dont think our overall debt will be touched significantly.

 

[Count Duckula]

Losing 5 million pound a year is only a recent thing, and something which probably no longer occurs. It had been happening for a few years in the run up to last year's fire sales. I doubt that it is something that would be allowed to continue, and I believe it was only ever able to occur through the existence of an overdraft facility that no longer exists, as it was paid back last year.

The extra 14million pound a season applies to the team finishing in 20th place, teams finishing in the top quarter of the league will receive more than double that amount.

 

[WA Toffee]

If every club gets an extra 40M, I have no doubt that wages will go up by 45M. Agents and players will continue to wring as much money out of the football fan as they can.