777Kidnappings wrote: ↑Sun Mar 31, 2024 7:34 pm
Will we avoid psr next season?? 89m this year. 45 last?? We would need to make 29m to avoid it. We lost 90 while selling Gordon. So the first 120m from sales and the money saved from gomes and Ali would cover the 90 and 40 we got for Gordon. So by my very basic math we are gonna need to sell them for about 150m and buy no one just to avoid the ffp sanction
It's avoiding the deduction next year, but it's what we're doing this year. So no saving on Dele or Gomes. But we've not bought Onana or Garner or McNeil or Maupay this season, and we haven't sacked a manager and paid of his and his encourages contracts this season(yet) either. Note the accounts released today mentioned the manager departure costs as well as paying off directors. So we paid DBB, Sharpie and the other guy off to leave despite them being utterly fucking incompetent.
Next season we'd have the reduced wage bill, one big loss and one slightly profitable season on the books going into the third year for any possible deduction after that, but the rules are changing so how they apply the punishment over a split period is anyone's guess.
Goaljira wrote: ↑Sun Mar 31, 2024 7:42 pm
It's avoiding the deduction next year, but it's what we're doing this year. So no saving on Dele or Gomes. But we've not bought Onana or Garner or McNeil or Maupay this season, and we haven't sacked a manager and paid of his and his encourages contracts this season(yet) either. Note the accounts released today mentioned the manager departure costs as well as paying off directors. So we paid DBB, Sharpie and the other guy off to leave despite them being utterly fucking incompetent.
Next season we'd have the reduced wage bill, one big loss and one slightly profitable season on the books going into the third year for any possible deduction after that, but the rules are changing so how they apply the punishment over a split period is anyone's guess.
Hope you're right
There's going to be a question of how they can justify yearly punishments for a club cutting costs and desperately trying to avoid administration. Can't pass that off as sporting fairness or protecting us
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:45 pm
Hope you're right
There's going to be a question of how they can justify yearly punishments for a club cutting costs and desperately trying to avoid administration. Can't pass that off as sporting fairness or protecting us
If I've got the dates right we've also sold Grsy, Iwobi, Cannon and Simms in this period with little or no amortisation left on them to offset. Like has been said previously, the deals for Beto and Chermitti will have little cashflow impact this year, but will have and amortisation cost. Harrison and Danjuma will have loan fees(Or maybe not Harrison?) but other than that we'll have no new additional expenditure on playing staff?
“Everton’s continued commitment in providing significant funds to develop the new stadium, with capital costs of £210.9m incurred during this financial year.”
So when we finish building the stadium we’ll be making over £100m profit before any increase revenue the stadium brings? Assuming a big sale every season
Cereal Killer wrote: ↑Sun Mar 31, 2024 8:31 pm
“Everton’s continued commitment in providing significant funds to develop the new stadium, with capital costs of £210.9m incurred during this financial year.”
So when we finish building the stadium we’ll be making over £100m profit before any increase revenue the stadium brings? Assuming a big sale every season
What’s with the manic depression??
We won't have paid off the stadium for a long time after we move in.
Cereal Killer wrote: ↑Sun Mar 31, 2024 8:31 pm
“Everton’s continued commitment in providing significant funds to develop the new stadium, with capital costs of £210.9m incurred during this financial year.”
So when we finish building the stadium we’ll be making over £100m profit before any increase revenue the stadium brings? Assuming a big sale every season
What’s with the manic depression??
If that's the case and we've spent 210m on the stadium which doesn't count towards ffp then we haven't breached. We've made 120m when it comes to ffp rather than last 90. Which doesn't sound remotely right give we are facing another points deduction
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:40 pm
If not administration would we be as well stripping the playing squad this summer. Sell anyone we can. Replace them as cheaply as we can and see if we can survive on a luton budget. Can we really afford to have a 40m keeper on 100k a week in our financial position. Maybe we need to go extreme to try and avoid a slow death. Obviously every chance that just relegates us anyway
Also the other problem is going to be we still haven't started paying for the strikers we signed last season. That's 40m we don't have for signings that we've already spent on unsuccessful signings
There's a cost to that as well. Players aren't just going to give up their contracts because it suits us. If that was the case we would have binned Tosun, Ali, Gomes and plenty of others ages ago.
MayorFarnham wrote: ↑Sun Mar 31, 2024 8:43 pm
There's a cost to that as well. Players aren't just going to give up their contracts because it suits us. If that was the case we would have binned Tosun, Ali, Gomes and plenty of others ages ago.
Understand that. It would mean selling the players we want to keep and keeping players who won't leave. Maybe we could shift pickford myko doucoure mcneil. It's obviously not a good thing but with Ali and gomes too. We maybe knock an 86m wage bill down to 59m ish. Feels like half measures from here might just mean a certain slow death
777Kidnappings wrote: ↑Sun Mar 31, 2024 8:46 pm
Understand that. It would mean selling the players we want to keep and keeping players who won't leave. Maybe we could shift pickford myko doucoure mcneil. It's obviously not a good thing but with Ali and gomes too. We maybe knock an 86m wage bill down to 59m ish. Feels like half measures from here might just mean a certain slow death
It'll be easier to sell Pickford beacuse he'll get a similar wage elsewhere. Not sure Doucoure, McNeil and Myko are getting a better contract at other clubs. Best we can plan for is we pay off part of their contracts and a team in the lower reaches of the PL take up the slack.
Yeah it’s not looking good without some turnaround in offensive form on the pitch, even without a further points deduction which will almost certainly come.
My faith in us turning this around lays more on Danjuma getting fit and at least providing us with a different type of threat more than it does on the manager doing anything radically different or the many players we have got that are majorly out of form suddenly turning it around
And that is as desperate as it sounds, as Danjuma has done absolutely nothing for us so far