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Fugitive

*Shakes head* Everton again.

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Allison - 26

Trent - 20

Robbo - 24

VVD - 27

Gomez - 21

Fabinho - 25

Henderson - 28

Wijnaldum - 28

Salah - 26

Mane - 26

Firmino - 27

 

It's all so very, very worrying.

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I've worked out Steve0's secret Kopite handshake. 27 is the age at which a footballer peaks and it's all downhill from there. Kenny Dalglish turned 27 in his first season at Anfield. 

 

tenor.gif

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Steve0

Player Valuation: £40m
Today at 1:55 PM
And without the Coutinio sale, it would be a £15m loss. Without their CL final, it would be a £85m loss.

So lets see if they can budget for that next accounting period.
And the wage bill has gone up by about £50m as well. The grim reaper is biding his time but he is sharpening his scythe all the while

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23 minutes ago, Pidge said:

Allison - 26

Trent - 20

Robbo - 24

VVD - 27

Gomez - 21

Fabinho - 25

Henderson - 28

Wijnaldum - 28

Salah - 26

Mane - 26

Firmino - 27

 

It's all so very, very worrying.

If you apply some steve0 logic to that list then all of the players 27 and under don't count, so you can ignore them. Then add Milner, Lovren, Sturridge, and Mingolet. 

 

Then we have an average squad age of 30.

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14 minutes ago, Aventus said:

If you apply some steve0 logic to that list then all of the players 27 and under don't count, so you can ignore them. Then add Milner, Lovren, Sturridge, and Mingolet. 

 

Then we have an average squad age of 30.

You’ll find anyone older than Robbo is past their peak and we’d be lucky to get 100k for them

 

Our Squad is shit and we’re bordering on administration in the world of Steve0 

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23 minutes ago, Aventus said:

If you apply some steve0 logic to that list then all of the players 27 and under don't count, so you can ignore them. Then add Milner, Lovren, Sturridge, and Mingolet. 

 

Then we have an average squad age of 30.

 

SteveO would go through the Everton squad, eliminating each player until he's left with 'Bainesy', then claim the average age of the squad is 22 because that's how old 'Bainesy' was when they signed him.

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1 hour ago, Remmie said:

7 teams competing for the title? 

Yeah. Us, City, Spurs, Arse, Chelsea, Utd and Everton. Get with it man. The 7th team is never mentioned in the media though because of the ‘love in’ for The Big 6. The Big 7 just doesn’t have the same ring to it. The media don’t recognise them for massive Club they are. It’s all part of the media narrative/conspiracy. 

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1 hour ago, Mudface said:

They'll need to expand it to the super 11 or maybe the terrific 13 the way they're going.

 

Oh, and- https://www.lfchistory.net/SeasonArchive/Game/5669

 

- Average age of the Liverpool starting lineup: 25.51
- Average age of the Everton starting lineup: 26.5

 

Terrifying.

So it's currently the Secret Seven?

 

Shame they can't make it into the Famous Five.

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4 hours ago, Remmie said:

7 teams competing for the title? 

 

0_JS159611112.jpg

 

“One and one equals seven!”

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2 hours ago, liverpoolsno9 said:

Yeah. Us, City, Spurs, Arse, Chelsea, Utd and Everton. Get with it man.

I think West Ham are even less likely champions than Everton!

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10 hours ago, Remmie said:

A question for those cool cats that hang out on the grand old team forum: do they have a general forum and if so what is their take on beans on a breakfast? Presumably they are anti beaners what with them being twats? 

 

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5 hours ago, liverpoolsno9 said:

 

Steveo has spoken. Basically, worryingly, it’s not looking good for us. On and off the pitch

 

 

 

Steve0

Player Valuation: £40m
9 minutes ago
New #13,821
Is their wage bill to turnover as precarious as our 77% which is the highest in the top 5 leagues with Roma 2nd with 71%.

It seems their wages are going up in line with their turnover which for all business is a good sign of stable financial progress, so a £50 million increase isn't that negligible when a turnover has gone up to nearly £450-£500 million range from the £360 million range in the last turnover results.

EDIT

I just looked it up on Swiss Ramble and their wages to turnover last season was at 57%, in their next results factoring in CL revenues they are going to be adding a extra 100 million easily expected in the coming turnover results range so they will still be below 60% and that is factoring in a a £50 million wages increase that @Steve0 alluded to.

I cannot see any financial predicament for them loking at the swiis ramble piece on Twitter, they also have a huge kit deal that was in the papers last week expected to be the biggest in the PL with Nike and Adidas in a bidding war that will boost their coffers more.

I think it helps for them for financial stability that they have former wall street hedge funders owning them i have to say.
Wages going up with turnover is ok if the turnover is predictable, with the greatest will in the world not even many kopites are predicting another CL final or another £150m sale.

Liverpool's predictable income is about the £360m they got in 2017, it really won't have risen much more than that. Wages of £210m in that year, that has risen drastically since then. 

Let's say to £260-£275m? 275/360 takes it up to a precarious 76%. Our wage bill will have come down since that year as a lot of it was expensive signing-on fees. So good news my blue friend, their wage/turnover ratio is going to be a lot worse than ours once exceptional items are taken into consideration.

Also our commercials deals, as percentage, are rising higher than Liverpools. New kit deal due next year. The £5m for the training ground. The sleeve sponsor. Sport Pesa tripling our shirt sponsorship deal. 

A new kit deal is likely but there's still over a year to run with this one. Other than that commercial deals are maximised imo. 

So let's call the predictable income - £45m shirt sponsorship, £65m kit deal, Match day income £65m, EPL tv and prize money = £140m = £315m altogether. Very likely to be more than that but even if they were to win the CL ( lol lol lol) it's not going to surpass £500m; the only thing that will let them do that is player sales. Basically £365m is their limit tbqh.

Then there's the debt and the £9million a year it's costing to service (likely to rise). 

So a superficially good 'profit' this year but utterly unsustainable.
A host of players set to leave on frees.
An almost out of control wage structure. 
An ever growing debt.
A small and deceptively old squad. 

The lack of quality in the squad is exposed every time Klopp rests a handful of players in the domestic cups. A couple of injuries/loss of form/ an ordinary amount of luck would be catastrophic. With Mane and Salah spending their summer in Africa this year it could create problems next year.

The core of their team has passed their peak age so there's no improvement likely.

Liverpool fans should enjoy this season for all its worth because the future, I'm sorry to report, looks very, very bleak indeed. It's a shame really, they've spent more than any other team without winning their domestic league....over £1bn and counting but the next few years are going to be very interesting.

There is surely no way most blues on that site swallow this rubbish, verging on mental illness

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5 hours ago, VERBAL DIARRHEA said:

He’s good SteveO, he endears himself to them, says what they want to hear and then drops some beauts in that give him away. He’s that good we still cannot tell if he is Blue or mental.

He's the man who describes the biggest net profit ever made by any football team as "superficially good" (and he puts the word "profit" in quotes).

 

Does he ever talk about the state of Everton's squad or finances?

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3 minutes ago, AngryofTuebrook said:

 

Does he ever talk about the state of Everton's squad or finances?

 

It’s all unicorns and tea parties with cucumber sandwiches, chocolate cake, and talking animals, presided over by kindly old Uncle Uzzy.

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5 hours ago, Doctor Troy said:

 

5. Denise Barrett Baxendale stating that they are working tirelessly behind the scenes on various aspects of the new stadium including a faith room and a baby breastfeeding room. 

And a crèche, so fans can have both hands free for swinging punches at visiting players.

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20 hours ago, Crazy Dave said:

The Coutinho fee is spread across this and the next 3 years in different installment amounts. No club in the world just lobs a massive transfer fee into another clubs account in one go. That’s not how football finance works. The purchasing fee is 99% of the time always paid in installments over a number of years. But hey, fuck the actual facts right? 

 

So yes, the next accounting period won’t look too bad either ta. 

 

Don’t think SteveO agrees with you on that. The fee HAS to accounted for immediately regardless of instalments. 

 

Steve0

Steve0

Player Valuation: £40m
Today at 8:10 PM
I doubt Barca stumped up £145m in cash though. That would kill them on FFP. It'll be on tick I bet.

Players are usually amortalised over the length of the contract so probably only £30m odd in there accounts this year for Courtinho.

Be interesting to see what that Swiss fella has to say once accounts are published.
Hi mate, can you ask the RAWKites why they think player sales aren't included in turnover figures?

And can you ask them how they're accounted for?

You've misunderstood what's meant by amortisation, it's Barcelona who will be amortising the Coutinho fee over the length of his contract. Liverpool will recognise the payment (however much it exceeds the carrying value of the player) as soon as it's received, anything else would be illegal.

Any payment that Barcelona are obliged to pay, regardless of when the payment is due to be made, has to be recognised at transfer of control, any contingencies can be recognised as liabilities at fair value (usually the cost of the liability x the likelihood of it happening) until they are triggered.
 
Last edited: Today at 8:19 PM

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