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Will Everton spend any money in January?
  • 11blue
    Posts: 4,680
    What do you think?
  • Russell82
    Posts: 724
    No
  • Russell82
    Posts: 724
    Why don't you attach a poll?
  • sambo applecart
    Posts: 24,216
    yes, i suspect another loan signing and we will sign a defender non of us have really heard of for about 1 million ish.
  • 11blue
    Posts: 4,680
    I was about to actually!
  • 11blue
    Posts: 4,680
    Vote please!
  • BlueBoy93
    Posts: 98
    who knows. probably not.
  • BIGLOUIE
    Posts: 215
    Arteta money ...Well Bill &Bob said so!
  • jasonhopley09213663
    Posts: 33
    Moyes has done a great job on a shoe string budget but I feel he is making to many mistakes of late. Money is an issue but spending 10 million on Billy and not playing him or giving him a chance is a massive mistake for Everton football club ( what will he be worth now). Selling 3 strikers and not replacing them with at least one proven experienced striker is poor to say the least. Gone, top goal scorer from last season beckford, and a proven goal scorer like yakubu the only everton player to score 20 goals in a season since tony cottee and james vaughen leaving injury prone and inconsistant Anachebe and Saha and our new loan signing straq a player who was rejected by leicester city during a trial in the summer. Another mistake is letting Yobbo go on loan again without replacing him leaving us short of cover at centre back. Massive mistake selling Arteta without replacing him, no excuses Arsenal approached us two days before the end of the transfer window, if you have not got a replacement dont sell. Eight days into the Jan transfer window and guess what no sign of new signings with summer transfer money. How much did the banks take I make it 17 million everton made from selling Pienaar, Vaughen, Beckford,Yakubu, Arteta, and Yobbo loan never mind the wages saved in the region of 10 million. The year on year on comment by bill the clubs income is 50 million but out goings are 52 million per year does not seem right to me. If david and his scouts have not done there home work in the last 6 months and have not got a plan for players to come to the club by now he needs to go, I hope this is not the case. On the other hand if the board will not give David the money he needs to go public and resign like Joe did over dion dublin. Crowds are dropping come on Bill, David bring the talent in which the club and fans deserve.
  • Knoxy2001e
    Posts: 1,424
    good post jason.

    I dont think that we have any money from recent sales to buy new players. I believe the banks have insisted it is used to reduce our debt. I dont blame them. We were 45 mill in debt and losing 1/2 mill per year. The banks cannot support a business in that state unless that business can prove that it will turn itself around somehow.

    Given the changed nature of the game since the formation of the EPL, I can see no way that BK and the board can turn EFC around. It costs a huge amount to run a football club and we need a new stadium to boot. Given the clubs turnover at the gate and tv rights, compared to the crippling wage bill that all clubs now have to sustain, we simply dont have the added income needed to rebuild either the squad or the stadium.

    I loathe the premier league and what it has done to football, but we are stuck with it for the time being. I doubt if we will find a suitable buyer for the club simply because there are very few buyers in the world for football clubs. And especially for clubs like us that need a huge influx of cash for a stadium and a new squad at todays prices.

    BK, the board and Moyse have worked miracles considering our desperate financial situation. I really dont see how they can manage to keep things going much longer.
  • 11blue
    Posts: 4,680
    Don't sit on the fence, vote YES or NO!!!!!!!
  • craigwoots
    Posts: 130
    i think they will it wont be much though
  • pk4efc
    Posts: 49

    I dont think that we have any money from recent sales to buy new players. I believe the banks have insisted it is used to reduce our debt. I dont blame them. We were 45 mill in debt and losing 1/2 mill per year. The banks cannot support a business in that state unless that business can prove that it will turn itself around somehow.


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    I was thinking the same about the money Knoxy, but just recently I saw some people (regular posters and I think there were others like Robt Elstone etc) still quoting debt figures of 46 million. If the money went to the banks then that figure would surely be substantially reduced! So I'd like to know where the money actually is - has the bank got it or has the decision about it's use not yet been made? A little clarity from the club would help here!
  • kevjoh
    Posts: 1
    If we are going to get new players we have to loan. With an income of 770k for each home game (at most) we dont generate enough money to pay transfer fees...I would love to sign a goalscoring striker but that don´t come sheep.when we spend more money than we earn we can´t buy a big shot player...See that some of you misses The Yak,Beckford and Vaughan but these players did nothing for us but cost us money, a good deal letting them go in the summer.It´s not the first time we pay good money for players that don´t work in moyes system.Saha and Vic are definitly not even close to strenghten our squd.Vic is a lot of the same as Vaughan,had a big future but injuries destroyed it for them.We can still dream of a good run for Vic, but there are nothing at all that makes it seem that way.If we could sell players that just aren´t good enough, and spend it on F.eks Rhodes, who can be sheap?!?! Use youngsters that defintly won´t do it any worse than some of our players do today...Out: Distin, Bily, Vic and Saha In: Rhodes and Manolas :) And once again: let the talents play!!!
  • Knoxy2001e
    Posts: 1,424
    "has the bank got it or has the decision about it's use not yet been made? A little clarity from the club would help here!"

    that info would normally be confidential.

  • Proffessor Toff
    Posts: 95
    there should be arteta money and pienaar also beckford or are we going to pay back the bank at some stage you wont have a team.
    i see next season being youth or bust some of the older players have to go and i would say apart from baines jags howard ossie cahill fellainni all other positions are up for grabs we definately need a governer in the middle of the park who does'nt give the ball away and can pick out a pass we may have to scour europe as we dont have anyone of that stature at the club
  • pk4efc
    Posts: 49

    "has the bank got it or has the decision about it's use not yet been made? A little clarity from the club would help here!"


    that info would normally be confidential.


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    I think the club could divulge that information if they wanted to, Knoxy. Last autumn, after the transfer window closed, didn't BK say that David Moyes would have money to spend in January - that information could have been kept confidential but he was probably making it public releasing it in an effort to assure supporters about the future. I'm sure I wasn't the only one who assumed that at least a portion of the Arteta, Beckford & Yak receipts would be used to back up BK's assurances.

    I'm not going down the line of those who want to attack BK every chance they get, and I do realise that the club has debts that need to be repaid, but surely the banks also realise that a portion of the receipts need to be invested to keep the club a "going concern".

    I just think it would be helpful if someone from the club gave supporters a bit of an idea as to where the money will go. They may not be obliged to do this, but a lack of information often creates the conditions where negative rumours can grow and become highly destructive!
  • Angelique
    Posts: 13
    pk4efc said:

    "has the bank got it or has the decision about it's use not yet been made? A little clarity from the club would help here



    Bill Kenwright said, at the start of this season, that the money from Arteta's sale would be given to Moyes for the January transfer window. No mention was made of the money from Yakubu, Beckford etc. I assumed at the time that he meant that whilst we would get the money re-invested in player(s) from Artetamoney then the remaining money would go to the bank. Got to say I am v. concerned that Elstone is still quoting the debt at being 45 million! By my recollection Yakubu £3m, Beckford £3.2m and Vaughan £1.5m, makes £7.7m so shouldn't the debt now be 37 million? Don't know what the **** happened to the money from Pienaar.

    Also, if they say we are making a loss of half a million a week then surely the wages of the players that we have sent out on loan and the wages of those we got rid of should be making a fair ol' dint into the shortfall.
  • True4kinblue
    Posts: 21
    I think (read know) that the answer to Ur questions lie here in Andy Hunters article in the Guardian

    David Moyes has lamented the widening gulf between Tottenham Hotspur and Everton and confirmed that the £10m raised from selling Mikel Arteta to Arsenal last August is not available to spend in the January transfer window.

    Everton have competed consistently with Spurs for European qualification in recent years, despite Tottenham's greater spending power throughout the Premier League era, but have seen Harry Redknapp's team continue to invest and improve over the past two seasons to a point where they are now viewed as credible contenders for the title. Moyes, by contrast, has had no fresh investment in his squad for several years and has seen Everton fall away from European contention as a result.

    "It is a little bit sad they are starting to pull away from us a little bit more than I would like," admitted Moyes, who faces Tottenham at White Hart Lane on Wednesday night in a game rearranged from the opening day of the season because of the riots in London. "It is frustrating because all managers will tell you when you are close and competing with teams you never like to see them go away from you, but we are looking at them going away from us at this present time.

    "They have continued to kick on and over the years they have got in some really good players. Rafael van der Vaart is one and Scott Parker another recently."

    Members of the Blue Union, a supporters' group formed in protest at the "stagnation" at Everton, challenged the club's chairman, Bill Kenwright, on a range of financial issues as he arrived at Goodison Park for Saturday's FA Cup tie against Tamworth, including whether the proceeds of Arteta's £10m sale on transfer deadline day last summer would be reinvested in Moyes' squad. The Everton manager raised approximately £17m through player sales in the last transfer window after Barclays insisted the club remain within its £25m overdraft limit.

    Moyes has said that the decision to sell Arteta was taken for "football reasons" but conceded on Tuesday that he will not be given the proceeds to spend on new players. "I think everybody knows that the bank wanted the money. I think you all knew that," said Moyes. Everton officials demanded and received an apology from the Liverpool Echo last year when the newspaper reported that the Arteta money would not be given to Moyes in January.
  • Knoxy2001e
    Posts: 1,424
    "I think the club could divulge that information if they wanted to, Knoxy"

    they'd be fools if they did. the leaked info from blue union did a lot of harm. clubs need to keep sensitive information secret or it could cause awful problems.



  • True4kinblue
    Posts: 21

    "I think the club could divulge that information if they wanted to, Knoxy"


    they'd be fools if they did. the leaked info from blue union did a lot of harm. clubs need to keep sensitive information secret or it could cause awful problems.




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    Seriously? If that is the case then why did BK have to write to the banks before TBU meeting asking them not to kill us off?
    Why is FF rent secured against Prem TV money n paid direct from them to land owners?
    Why haven't we bought a 1st team player in 2.5yrs?
    Why wasn't the Park End development completed?
    Why have we sold players and not replaced them (an estimated £20m in the last 12 months)
    Why when 5/6 big salaries are taken off the wage bill do we still get peddled with the 85p in the £1 goes to FF line?
    Why does FF cost an estimated 27 times more to run per year when less staff are there now?
    Why is there £8m unexplained in the accounts each year - lumped under 'Other Expenses'??
    Why can't we loan money at a decent rate and only offshore companies in Virgin Islands will touch us?
    Why have we had to sell ALL our assets save players?
    Why are we mortgaging TV rights a year in advance?
    I could go on...!!

    Simple fact is that the banks knew we were in trouble (not exacty Rocket Science) and when banks find out things like that - they share it with Credit Agencies worldwide.

    Be realistic about the whole situation, BK is a Blue but he's not the right person to lead us and the bad business plan implemented under his watch has left us currently in a similar position to Leeds - what fans have been saying a bad takeover could do!! Oh and for all this the Board want £100m profit on their shares!!

    Here's a copy of what we're worth as a business:
    http://companycheck.co.uk/company/00036624

    And here's what they want for us:



    In my opinion It's Time For Change!!

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Poll

Will Everton spend any money in January?
  • yes
    26% (4 votes)
  • no
    73% (11 votes)

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