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I wonder..............
  • briceybaby
    Posts: 194
    Ok, so other that a few hundred grand for youngsters here and there, we havnt spent significant money for a while. With the players we sold in the summer, your talking 10m+ off the wage bill, putting us in the black at the end of the financial year. Any money from transfers seems to be going on debt.

    What if, that was the clubs plan all along..... to get themselves straight financially? While Moyes keeps us at least keeps us ticking over in the top half of the prem?

    personally, it makes sense. We sure as hell wont get investment and the banks are never going to lend us big money while our credit is maxed out. And yea, digging up players like Vellios and Coleman for peanuts and turning them into decent prem players, is win win for the club but, the trouble is, on the pitch, it doesn't seem like the team are up to keeping their end of the deal. Maybe its just a bad patch but if doesn't turn around soon, then we will become a bottom half team, and then relegation struglers.

    just a thought tho.
  • Warrington Dan
    Posts: 8,859
    He'll do well to keep us in the top half with Saha upfront and no more money to generate because the only money we is of transfers because the club is running at a loss. The only answer would be to sell Barkley and Rodwell.
  • briceybaby
    Posts: 194
    but what if its the clubs plan to not spend for a few more years? just keep digging up little gems that dont cost much? if they sell a player for big money, then go buy 2 or 3 players, the balance sheet is no better off. Ive got a feeling that they are gonna keep selling a player a year and rely on loans to keep us ticking over while they fill up the coffers and reduce the debt
  • the sons of rest
    Posts: 60
    we are only paying off the intrest on the debt mate !!! but keep dreaming
  • briceybaby
    Posts: 194
    no mate, we are actually paying off debt. our normal monthly debt repayments pay the interest. Thats all we had been doing for ages untill the banks got cheesed off. We havnt signed anyone significant for a couple of years and yet we have generated 20+ in player sales and shaved about 10m a year off the wage bill so, its a lot more plausible than you would think
  • Probus
    Posts: 414

    no mate, we are actually paying off debt. our normal monthly debt repayments pay the interest. Thats all we had been doing for ages untill the banks got cheesed off. We havnt signed anyone significant for a couple of years and yet we have generated 20+ in player sales and shaved about 10m a year off the wage bill so, its a lot more plausible than you would think


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    It would be interesting to see some figures on how much we have actually reduced our debt to strengthen your point.

    I would appreciate if this was the case and the club is run properly. I think it is wrong for people to demand new money put in by the owners. I would prefer a club that grows on its own merits. However, I don't feel that this is the case. The only thing you hear from the current owners is "we are looking for someone to buy the club". If you love the club and have no money to put in, then you would trim the clubs finances and make sure that we could get all the income we can get. In contrary the club had fumbled with several transfers out. Gosling left for free when we could have gotten about 1,5 million for him. We could have gotten more from Pienaar if he had left in the summer rather in the winter (I goes it was a gamble as I he might have stayed if we had been higher in the league by opening of the transfer window). Even the sale of Arteta was not professionally done, how can they go in to negotiation with Arsenal without knowing what Arteta wanted? So no, I don't think the club is run professionally. I don't think there is a plan to make us a better club, and why wouldn't the management go out and tell the fans that the plan is to improve the clubs financial structure so it can generate transfer funds on its own. It would make sense with the new financial regulations coming next season.

  • briceybaby
    Posts: 194
    i think most fans would appreciate this if the board came out and said 'this is what we are doing'
  • pk4efc
    Posts: 49
    Fans certainly should be given more information. I've been trying to keep as upbeat as possible over the last few years, hoping that the team could keep on "punching above it's weight" and stay in the top half of the table. But I must admit that some statements from club officials (like Bill), and then on other occasions a refusal to give information, has been a public relations disaster.
    All Evertonians are sad that the club is quickly slipping down the ranks, and many are realistic enough to reduce their short term expectations and tolerate a bit of pain to keep the club financially viable, but I fear that if fans don't get some straight talking from the club then the support base that the club depends on will be badly damaged. Clear factual statements about finances may not be pleasant to hear, but at least they will prevent negative (and sometimes clearly malicious) rumours from spreading uncontrollably. I think many of us could handle the restrictions on buying new players if we knew for sure that the debts were being reduced and that the downward trend was showing signs of levelling off.
    Well that's my gripe aired - hope the match tonight gives us a reason to be more upbeat - and 3 points as well! COYB
  • Daive521
    Posts: 2,329
    Maybe thats why my Life isn't 'On Track' haven't got £M's LLM

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