Everton banter 47363

 

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04 Feb 2020 19:25:27
Sorry eds another ffp question as I admit I don't understand it, other than the fact we have too many players on high wages which is creating a terrible situation for us.
But if Usmanov continues to sponsor different aspects of the club does this improve our situation in regards to bringing players in or does it all boil down to getting players out befire we bring anyone in?
As I am concerned about how we shift these players we don't want in the summer due to the high wages they are on.

{Ed002's Note - The club sponsorship counts toward income - why do you think Usmanov will keep giving money to the club in return for nothing. The club is not living within it's means.}

Agree0 Disagree0

05 Feb 2020 09:22:56
Question for you ed002 do you know if both Chelsea and Man C where in the sameish position as Everton financially in the early days of their takeovers. ie spent money they didn't have and used donated funds to keep the business going in the short term or was FFP not really an issue then? My understanding is that although sponsorship may be viable short term to get over immediate issues it is definitely inappropriate to run a business on the reliance of external non earned funds. I am hoping Everton realise this and are changing the business model appropriately.

{Ed002's Note - There was no FFP when Mr Abramovic took over Chelsea and since they were implemented 9 years ago Chelsea has not had any FFP issues of note. Manchester City fell foul of the UEFA rules in 2014 and were fined €60M (€20M immediately and the rest based on future behaviour) and had their Champions League squad reduced to a maximum of 21 players.

I am not sure what sponsorship you are referring to but the sponsorship Everton has is already included in the accounts.}

05 Feb 2020 13:16:15
Wouldn't it be easier ED to just put a wage cap on all players that way it would stop over spending or is it more complicated than that after all they are on a sickening amount of wages.

{Ed002's Note - You cannot have a wage cap where clubs across Europe are operating in significantly different financial environments. In England and for a handful of clubs elsewhere, wages are very high as you know. In the Championship it was less than five years ago where some clubs were spending far more on wages than they earned - so a wage cap against turnover (70% is the UEFA guideline) is perhaps a better solution than on individual players. If you look at equivalent mid table sides to Everton in other European leagues and compare the income and wages you will see Everton far, far ahead. Everton need to get back on track with responsible spending and sort out the major issue of wages. Until they do it will be a very bumby ride.}

05 Feb 2020 14:27:51
Totally Agree ed002 I also think Everton have paid what over what the should have for wages. I would rather not have had the players sign if we couldn't have afforded it. We may have been in a much better state financially. Your top earners should be the outstanding players in your squad not journeymen coming in to fulfil a particular need at that time. IMO the management have only themselves to blame.

05 Feb 2020 16:06:25
Its the late great Jimmy Hills fault. ;-)

05 Feb 2020 17:38:44
Megafon will be seen more and more and will be at the new stadium, from day one when Usmanov sold his shares in Arsenal it will be his sponsorship that would be the main source, I never thought he would buy shares as there is no need, you don’t need paper to workout this is a partnership in business.





 

 

 
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