Everton rumours 17216

 

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17 Jan 2020 23:28:22
Sorry if this something that's already been touched on but am new on here.
Rumours say we are looking at Rodriguez from real. Is this correct, I love Calvert but I do think we need a big goal scorer up top.

Agree0 Disagree0

17 Jan 2020 23:33:00

{Ed002's Note - I am not sure where Everton would get the money from - they now have significant financial issues that I would expect to see them charged and sanctioned for FFP issues next year. In addition to the loans from Moshiri there are now third party loans being guaranteed against the club - and with wages at 85% of turnover the business does not look sustainable at all-
.}

18 Jan 2020 02:52:31
I was under the impression that punishment for not staying within ffp guidelines was banning said team from european competitions. Therefor, if we don't make it to Europe next year, overspending won't really matter to us. Is this correct?

{Ed025's Note - no philly, the punishment can be huge fines, transfer embargo,s and even point deductions mate, not really a road to go down..

18 Jan 2020 06:50:24
Thanks Ed. Time for Brands to work some magic.

{Ed025's Note - it really is philly mate..

18 Jan 2020 18:00:46
EDs in order to clear the books for more spending, why can't we just cancel the contracts of those we can't get rid of. I know in business terms clubs don't like to do it, but how many more seasons might we be stuck with them? Is this a viable thing to consider?

{Ed002's Note - No it is not viable.}

18 Jan 2020 20:09:18
When you say financial issues do you mean FFP issues or is the club on the way to being broke? . Is there a chance the club may not be able to afford the stadium after a few years of ill advised recruitment. Either way I don’t like the sound of this.

{Ed002's Note - The business cannot be sustained. 85% of the turnover is going on wages- way beyond the UEFA sustainability figure of 70%. The turnover is low and even without transfers the club is becoming more and more debt laden with loans now guaranteed against the club.}

18 Jan 2020 23:30:30
I think we need to leave FFP to Moshri he is a billionaire for a reason and with Usmanov obviously sat in background our financial issues will resolve themselves we as fans should certainly not be scrutinising what these 2 are doing business wise.

19 Jan 2020 07:58:46
What are the options to get us out of this mess Ed2?

{Ed002's Note - A significantly higher turnover (which is unlikely) or significant sales (unlikely).}

19 Jan 2020 08:54:30
Worrying times. I don’t like the sound of any of this to be honest.

19 Jan 2020 11:14:18
Sounds grim. I genuinely believe the club cannot and will not make any progress until the Steve Walsh signings contracts are up. He oversaw a procession of rank average players earning ridiculous money - aside from transfer fees sigurdsson, bolasie, sandro, walcott and tosun (OK, not for the next few months) cost us nearly half a million pounds a week.

19 Jan 2020 17:58:31
The current accounts include a lot of money which has been spent on getting the stadium development to its current stage. I believe that once planning is approved the value of this expenditure will come off the loss figures. There is breathing space for the club but realistically the club will need to start returning to a profit or breaking even for the next two years because the losses are calculated on a rolling three year cycle, so this £100M loss is going to affect us for the next two years.
In Brands we have a DoF who understands the link between player trading and the business side of the club. We aren’t in that much trouble because there are significant valuable assets in the playing squad.

19 Jan 2020 20:23:37
Not sure we have very many salable assets to be honest. And the biggest issue we have is arrogant useless individuals like schneids and siggy that wouldn't leave even if we had a buyer because they won't drop their wages. We have several players that aren't remotely interested in success or whether they are remembered as good players, they just want as much money as possible.

{Ed025's Note - your right davey..

20 Jan 2020 09:02:43
rodriguez would play behind dcl.

20 Jan 2020 12:07:02
With the wages around 85%, we have Niasse, Stek and Martina who’s contracts run until this a Summer.

Then you have Walcott, Schnids, Bolasie, Sandro and Tarashaj who all have 18 Months remaining on their contracts.

Siggy Coleman, Lossl and Tosun have 2 and a half years remaining on their contracts.

Michael Keane, Mina, have 3 and a half years remaining.

Most of the first team remaining have between 3.5 and 4.5 contracts remaining.





 

 

 
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