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17 Jun 2024 00:07:48
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16 Jun 2024 15:51:27
I know it’s good news we have a buyer, however people getting a little ahead of themselves.
The £540m is to buy Moshiri off £400m, the remaining money is for MSP, this leaving us still with massive interest payments on debts.
Yes we will likely restructure some debt, get some money in for sponsorship, but we still need to sell Branthwaite, Onana and get shut of other deadwood if we are to not have to worry about more points deductions next season.
I agree there’s some positivity but we’re not out of the woods yet.

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16 Jun 2024 17:36:32
There is no scenario where the next owner comes in a "gets rid of the debt". We have just built a stadium that has cost over £750m. On top of that the short term loans we have been getting will have large interest rates attached to them.

So what we can expect is the new owner comes in and puts the debt we have over a long period of time at much lower rates that means we get the most out of the increased revenue from the stadium, sponsorship and future TV revenues.

Dan has done a really good job from when he came into Roma who were similar to us with debt and their own FFP issues, by all accounts (only what I've read and heard) . Again fans probably won't like him that much because they want someone to come in and spend £500m on 7 left wingers and 3 No10's and he tends to prefer player trading to raise funds (which is the norm for almost every club) . He ain't no Boehly.

Our goal should 100% be about Everton becoming self sustaining and not have to rely on outside help. It will take time but this new stadium and additional revenue streams when we are in there will have a huge impact which is already starting by our new kit deal.

It's going to be interesting to see how things develop but we all need to be patient and not expect things to change that much over the next 2 to 3 years. It will be tight and a lot of wheeling and dealing but hopefully without the issues of PSR.

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16 Jun 2024 18:27:42
Don’t think anyone is getting ahead of themselves, just think they’re thankful a new owner with some understanding of how a football club should be run is taking over.
Most clubs are in debt it’s how you manage it that matters. Increased revenue and naming rights etc from the new stadium is a start. So let’s all be positive and stop worrying about the debt, and leave that to the people who know how to manage that.

{Ed025's Note - fair points Harlex..

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16 Jun 2024 18:35:32
Brilliant post mate.

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16 Jun 2024 19:34:26
Good post Harlex mate.

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16 Jun 2024 21:06:29
Chicago Bears v 49ers, Ed Sheeran Concert, next Euros etc etc. going to take time but our income streams will grow. Let’s be patient and it will sort itself out. Let’s watch Pickford for now…….

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16 Jun 2024 12:23:08
Excellent article from Sky re Dan Freidkin very detailed on how it now looks extremely likely he to be our next owner, hopefully should be completed in 4 to 6 weeks.

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16 Jun 2024 12:07:42
I don’t think I’ve ever been so upset at a player passing as I have with Kevin Campbell. Maybe it’s because he’s of my generation, don’t know. This has hit quite hard though and by the outpouring of genuine, heartfelt grief through the football world - fans, players etc - can only be seen as a mark of a great man. RIP Super Kev.

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16 Jun 2024 13:20:47
I agree Pierre, terrible news mate.

I remember walking through Manchester and Kev had come out of a building about 20 yards down the street and was walking towards me. I could tell it was him straight away.

As I walked past I simply said "Super Kev, how's things mate, are you well" whilst patting him on the shoulder, without either of us breaking a stride and carrying on to where we were heading.

His response "I'm alright geez, how are you fella".

I had always seen him as a genuine, nice. down to earth bloke and that short exchange confirmed everything.

He will be sorely missed. RIP Kevin.

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16 Jun 2024 14:36:54
The good die young, a true club hero up there with dunc as a 90s legend without him where would we be today. RIP.

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16 Jun 2024 15:42:05
The world needs more Kevin Campbell's. Nice guy always smiling, and always had time for the fans.
RIP Super kev💙.

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16 Jun 2024 07:32:16
Just curious if we could tell man utd we aren't selling Branthwaite. This season . Just offload the other deadwood. As Branthwaite hasn't exactly asked to leave yet! . Could we afford to do it?

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16 Jun 2024 09:33:53
I am worried Jarrad will start playing up and have his head. turned. really hope he doesn't and those around him don't overly influence.

Utd know we are in limbo with fiances, probably be some middle ground met.

Would love for us to dig our heels in and get what we value the lad at, crazy amount of money but even in today's market could well prove to be a bargain.

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16 Jun 2024 11:37:01
Utd don't have the money, that is why they are trying to get him on the cheap. They like a lot of others are sailing close to the wind with FFP.

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16 Jun 2024 12:14:11
It makes the most sense to string the Branthwaite one out over the entire summer. If we forget the ffp PSR for a moment. Those kind of historical massive transfers usually end up last day for record breaking fees. I'm not saying he's going to break the world or British transfer records obviously but he may well be the most expensive for his age etc. it could be multiples of 10s of millions added. I'd think KT and the sales team will be flogging off everything and everyone else first. I would not be surprised by a left field sale of someone like Garner for £30m and Goddfrey for a fee that reflects the final term of his contract to balance the end of year. Onana and Branthwaite really need to rumble on all summer to maximise the pay day.

{Ed002's Note - So you are happy for another points deduction or perhaps a transfer ban?}

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16 Jun 2024 13:24:37
Sounds stupid and I understand if I am deemed as such but I would take a points deduction if it meant getting maximum value for our top assets.

We have turned 2 points deductions in 1 season on their head before. I think getting an extra 30/ 50 million to invest in wages or players is more important to us atm than 2-6 points.

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16 Jun 2024 00:05:50
Gutted about Kevin Campbell some my earliest memory's of him . Was such good ambassador for club aswell.

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15 Jun 2024 17:24:57
I'm sure this hypothetical question would get me shot down by one of the eds, but here goes.

In theory. What is to stop Everton and Chelsea agreeing to essentially scratch each others backs by selling DCL and Broja to each other at an inflated price in order to circumvent FFP. If we sell DCL to them for £50m and buy Broja for £50m both of us would get most of that as profit this season, and spread the rest over long contracts going forward. Win win.

{Ed002's Note - I have no idea what you are proposing. Sorry}

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15 Jun 2024 23:16:17
If we both sell for the same money how does that help, we are the same.

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16 Jun 2024 07:30:15
In other words swap them? I'm confused 🤪.

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16 Jun 2024 00:04:22
Ed02

I think he suggesting both overpay for players and it looks good both books but that would just leave us both in same boat.

{Ed002's Note - Why would Chelsea be interested in doing anything like that?}

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16 Jun 2024 05:45:16
What he's saying is we sell DCL for 59m
As we bought him for peanuts and he's only got 1 year left on his contract we could book the vast majority of the sale as profit in the year ending June 2024

If we then bought Broja for 50m the 50m would be spread over the term of his contract, let's say 5 years. The first 10m (50 divided by 5) would be booked in the year 24/ 25 so the year following the booking of the profit on DCL

It would help profitability for year ending 30 June 2024 but does little or nothing for sustainability i. e. avoiding Administration

I can't tell you if it is legal but it's what would happen with unrelated transfers so why not?

{Ed002's Note - I really would advide you to stay clear of the finances.}

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16 Jun 2024 11:05:03
As a qualified accountant I'd be interested why you think that Ed instead of a bland dismissal. It looks to me that you are the one staying clear of explaining yourself.

{Ed002's Note - Because you clearly have no idea about football finances. And as an accountant one would have thought you would know whether it was legal or not.}

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16 Jun 2024 11:32:45
Welcome to the naughty step bw mate.

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16 Jun 2024 14:33:18
Let’s leave any potential illegal stuff away from the club. City and Chelsea have done illegal stuff in the past which is coming to light and I hope they are dealt with accordingly. I only wonder what skeletons are in the cupboard at other clubs. Think it was Ed01 who alluded to there being a lot of corruption at the top.

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15 Jun 2024 13:27:46
RIP SUPER KEV!

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15 Jun 2024 17:20:02
So sad. an Everton legend.

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16 Jun 2024 11:06:05
A great ambassador for the game and for Everton.

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15 Jun 2024 13:15:03
Reiss Nelson has handed in a transfer request at Arsenal because he is wanting a more prominent role. Arsenal are looking for around £20m including addons. I wouldn't mind him at us although with several clubs interested already like Crystal Palace, Fulham, Nottingham Forest, and West Ham it would be difficult for us to get him I would guess.

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15 Jun 2024 19:29:13
Palace would suit him especially if Olise or Eze go.

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15 Jun 2024 09:24:43
RIP super Kev.

{Ed025's Note - tragic news that FJ, very sad day mate

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15 Jun 2024 10:01:12
Yep Sad day. RIP Super Kev💙🙏. Also to the Millwall keeper that's has passed unexpectedly at only 26.

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15 Jun 2024 09:52:09
Absolutely gutted ed and by all accounts an absolute class act off the pitch aswell.

{Ed025's Note - yeah he was very well liked mate..

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15 Jun 2024 10:21:57
My God terrible news, no age,
Puts everything into perspective
Just shocking and so sad.

{Ed025's Note - absolutely..

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15 Jun 2024 10:33:21
Urgh that is tragic. 54, no age at all. Devastating, what a great guy and great player.

Sarkic dying at 26 too is awfully sad.

{Ed025's Note - sad sad day for football ..

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15 Jun 2024 10:34:41
Yeh just seen it, so young too decent nice guy and our saviour many years ago, rip kev 💔.

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15 Jun 2024 10:38:15
So sad to hear He's passed away. Absolutely gutted.

You'll always be one of us.

RIP Super Kev.

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15 Jun 2024 10:38:30
RIP Kev, allways liked him even when he played for Arsenal. Great supporter for our club.

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15 Jun 2024 10:40:39
Rip super kev sad day in liverpool meself included condolences to the family rip big man gutted 💗.

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15 Jun 2024 10:46:29
What a player RIP super Kev.

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15 Jun 2024 10:48:20
Absolutely gutted, another hero gone and no age at all. Single handedly saved us from relegation when on loan, I think it was 9 goals in a handful of games. RIP super Kev.

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15 Jun 2024 10:58:40
Devastated. RIP Super Kev.

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15 Jun 2024 11:27:22
RIP super Kev. Legend at Everton Football Club.

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15 Jun 2024 11:39:53
True Blue sadly missed.

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15 Jun 2024 11:40:26
Will be raising a glass to Super Kev this afternoon 💙 Always spoke so positively about our club. RIP.

{Ed025's Note - me too JB..

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15 Jun 2024 11:49:08
That's shocked me to the core. RIP to an absolute legend x.

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15 Jun 2024 13:31:08
Terribly sad news. Super Kev was/ is and always will be an Everton hero and legend.

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15 Jun 2024 19:52:04
Yes very sad news, I have kids older than he was. RIP.

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Manchester United Summer Signings

15 Jun 2024 07:39:24
{Ed's Note - Shappy has posted a new article entitled, Manchester United Summer Signings

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15 Jun 2024 07:23:40
Good reports on our new prospective owner this morning. very encouraging light is at the end of the tunnel at last.

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15 Jun 2024 07:35:20
We can only hope so GB.

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15 Jun 2024 09:29:23
I wouldn't believe every report GB. So far everything ED02 has told us has been true. If he says we should be steering clear of these, I'm going to believe him rather than reports from newspapers, sky, media outlets, twitter etc, they report things to make money. The more we read and believe their rubbish, the more money they make. I for one hope this fella from Roma doesn't take us over and we become part of a franchise he's building.

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15 Jun 2024 09:52:20
Just opinions dane. All billionaires are much the same if you ask me. All successful but ruthless businessmen. (Apart from Moshiri, God knows how he became a successful businessman! ) The Esk seems to know what he's talking about, but again it's all opinions. It's not 777 or Moshiri taking us forward so for me its a step forwards.

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15 Jun 2024 10:22:39
It is opinions mate. And it may well be a step forward in the short term, but I doubt it will be a long term solution. How long until we are back in the same situation. I personally would rather find the right person now, than end up going through all this again.

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