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*Shakes head* Everton again.


Fugitive

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13 hours ago, manwiththestick said:

Maybe they know Gordon is off, if they get 50m for him plus the 60m from Richarleson then that would cover all the incomings I would have thought.

I thought the Richarlison fee was to be used to level up the books due to the cheating they’ve been doing. Apparently not

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2 hours ago, Captain Howdy said:

I thought the Richarlison fee was to be used to level up the books due to the cheating they’ve been doing. Apparently not

To be fair, even the £60m Richarlison fee if paid as a lump sum, which it isnt, would not make much of a dent in the £350m debt they have.

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5 minutes ago, dockers_strike said:

To be fair, even the £60m Richarlison fee if paid as a lump sum, which it isnt, would not make much of a dent in the £350m debt they have.

Somethings not right, they’re millions in debt yet they’re building a half a billion pound stadium ( which will rise quite considerably) and yet they are continuing to buy players on what will be massive salaries as why the fuck else would they go there. Reckon Uncle Uzzie must still be syphoning money there, nothing else makes sense as they earn fuck all. Blatant cheats 

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You’ve got to remember this isn’t money. It’s balance sheet money.

 

the way these things work each of those signings counts as 1/x of the transfer fee split over x years. So £20m on McNeil or whatever, if he’s on a 4 year deal, is £5m.

 

whereas the sales count in full. So Richarlison gives them £60m straight onto the books.

 

the wages all count, but they lost a lot of players to contract expiry as well as shifting Alli, Richarlison etc.

 

it’s them getting away with it to begin with that was the real issue.

 

now - question is whether they’ve spent their money well or not, as that’s what got them here in the first place.

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2 hours ago, Bob Spunkmouse said:

You’ve got to remember this isn’t money. It’s balance sheet money.

 

the way these things work each of those signings counts as 1/x of the transfer fee split over x years. So £20m on McNeil or whatever, if he’s on a 4 year deal, is £5m.

 

whereas the sales count in full. So Richarlison gives them £60m straight onto the books.

 

the wages all count, but they lost a lot of players to contract expiry as well as shifting Alli, Richarlison etc.

 

it’s them getting away with it to begin with that was the real issue.

 

now - question is whether they’ve spent their money well or not, as that’s what got them here in the first place.

https://www.transfermarkt.co.uk/fc-everton/transfers/verein/29

 

According to this they've spent over £17m after sales. Unless they think Gordon is definitely going to Chelsea.

 

They've probably got a few big earners like Gylfi, Delph and Tosun off the wage bill but they still have to pay their new players. Onana turned down West Ham because they offered less money than Everton. 

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11 minutes ago, Harry Squatter said:

https://www.transfermarkt.co.uk/fc-everton/transfers/verein/29

 

According to this they've spent over £17m after sales. Unless they think Gordon is definitely going to Chelsea.

 

They've probably got a few big earners like Gylfi, Delph and Tosun off the wage bill but they still have to pay their new players. Onana turned down West Ham because they offered less money than Everton. 

I don’t know anything about Everton’s situation or anything about the PL FFP rules, but for balance sheet purposes they record the full income from the sale, but the cost of the player is “amortised” over the length of the contract.

 

so I don’t think it’s a case of adding up the sales and adding up the spends. 
 

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6 hours ago, Captain Howdy said:

Somethings not right, they’re millions in debt yet they’re building a half a billion pound stadium ( which will rise quite considerably) and yet they are continuing to buy players on what will be massive salaries as why the fuck else would they go there. Reckon Uncle Uzzie must still be syphoning money there, nothing else makes sense as they earn fuck all. Blatant cheats 

Hopefully it's Barcelona esque and it comes to light in a year or 2 they've got debts of a similar size, Moshri goes to prison for money laundering and uncle Bill brings back big Dunc as player manager.

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Do you think when Frank was at chelsea (1st season) when he had Mount, James, Abrahams and Silva and in his 2nd season with Havertz, Werner Chiwell he dreamt of signing Dwight McNeil, James Tarkovski, Neil Maupay. Just reading those names shouts out relegation.

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5 hours ago, Bob Spunkmouse said:

You’ve got to remember this isn’t money. It’s balance sheet money.

 

the way these things work each of those signings counts as 1/x of the transfer fee split over x years. So £20m on McNeil or whatever, if he’s on a 4 year deal, is £5m.

 

whereas the sales count in full. So Richarlison gives them £60m straight onto the books.

 

the wages all count, but they lost a lot of players to contract expiry as well as shifting Alli, Richarlison etc.

 

it’s them getting away with it to begin with that was the real issue.

 

now - question is whether they’ve spent their money well or not, as that’s what got them here in the first place.

Nah, doesn’t wash mate, they’ve been spending hundreds of millions way, way, way above what they earn for years now and continue to do so despite “working” with the PL to bring them into line, they’ve a few other signings lined up to boot.  They’re openly cheating and nothing is being done about it . Not the only ones mind

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12 minutes ago, Captain Howdy said:

Nah, doesn’t wash mate, they’ve been spending hundreds of millions way, way, way above what they earn for years now and continue to do so despite “working” with the PL to bring them into line, they’ve a few other signings lined up to boot.  They’re openly cheating and nothing is being done about it . Not the only ones mind

I’m not disagreeing with you, but that’s still how the balance sheet thing works.

 

they’ll most likely have reduced their wage bill, they’ve brought in £60m or whatever (so far) and spent less than that based on amortisation.

 

This season isn’t what’s wrong though. They should have been held to account for falling foul before now.

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