Financial Fairplay Investigation - 2025 Nobody in Breach

[American Evertonian]

Level headed review of the figures and the direction of travel.

Makes me feel like the world is ending a little less.

[UnsyisaRhino]

Because the sale of Gordon was the only major one that impacted these books. Simms, Cannon, iwobi, Kean and Gray will be reflected in next year's.

Not that I'm attempting to excuse the £89m loss, but there you go.

Ah, in my head they were all going to be included here.

Where will Beto's fee appear? Will that wipe out those sales?

[UnsyisaRhino]

Totally agree. We've paid top money over and over for substandard people. Can't see her ever finding her way to another club though. Others aren't as daft as us

This describes our management, coaching and playing staff too.

[Cantoffee]

Crazy how we've brought our wage bill down by £25m odd and it's still about £25m too high.

Sad to say but we need to survive this season and next. After that we'll turn the corner on revenue - probably going above £210m, meaning our wage bill could be slightly lower than it is now and we'll be sustainable.

[brap2]

Crazy how we've brought our wage bill down by £25m odd and it's still about £25m too high.

Sad to say but we need to survive this season and next. After that we'll turn the corner on revenue - probably going above £210m, meaning our wage bill could be slightly lower than it is now and we'll be sustainable.

Only brought it down £3m YoY.

Can't get my head around it. There's absolutely nobody left, the squad is awful, and we still have a wage bill >£150m.

Keane
Holgate
Godfrey
Gomes
Alli
Asap asap asap

Doucs
Pickford
Tark
Onana
DCL
Gana

Times up. Some of these have to go now sadly to bring this wage bill down.

[Trowel]

Because the sale of Gordon was the only major one that impacted these books. Simms, Cannon, iwobi, Kean and Gray will be reflected in next year's.

Not that I'm attempting to excuse the £89m loss, but there you go.

Ah, in my head they were all going to be included here.

Where will Beto's fee appear? Will that wipe out those sales?

Seen a couple of reports saying Simms was included in these accounts. Kean was in the previous year's (2021-22).

The Echo say Beto and Chermiti were signed with no upfront payment, so there will be no fees for them in the current financial year (2023-24).

https://www.liverpoolecho.co.uk/sport/f ... e-28920260

[Evertonian in NC]

We need Saudi to come in for Doucoure. Desperately. If not, we should just let him (and Gana) go on a free, can't be paying insane wages to players of that calibre.

[Shogun]

Not a chance we survive next season, is there?

If we survive this one.

[Evertonian in NC]

Interest payments on all that debt is what will kill us. So much danger, and no actual leadership to steer us clear. I'd put "The Wall Odds" up to 35-40% now.

[cassius]

Seen a couple of reports saying Simms was included in these accounts. Kean was in the previous year's (2021-22).

The Echo say Beto and Chermiti were signed with no upfront payment, so there will be no fees for them in the current financial year (2023-24).

https://www.liverpoolecho.co.uk/sport/f ... e-28920260

Would that not have been Kean's loan fee? Did we bank the future sale at the end of the loan period early?

[Bluedylan1]

Some of these people (Moshiri, DBB etc) need to be very careful not to show their faces in Merseyside for a long time. Of course I'm not advocating violence in any way, but a completely fabricated headlock would be the least of their worries the amount of destruction they've caused and the anger that has been created.

[Trowel]

More words from 777, still no actions

https://www.telegraph.co.uk/football/20 ... ious-year/

A report in the Financial Times states that regulators in the US states of Utah and South Carolina are ‘moving to force five insurers to cut their exposure’ in 777 Partners.

That prompted a response by the firm reiterating that they have the necessary resources to meet the obligation set out in their proposed purchase of Everton.

The 777 statement read: “As it relates to the proposed acquisition of Everton FC, 777 Partners is confident in its ability to fund both the transaction and the club’s three-year business plan, the details of which it has provided to the Premier League as part of its ongoing process of regulatory approval.”

[Trowel]

Would that not have been Kean's loan fee? Did we bank the future sale at the end of the loan period early?

Seems to have been the full fee for Kean:

Profit on the disposal of player registrations was £47.5m, a decrease of
£20.2m on the previous year. The prior period included the disposals of players
such as Richarlison, Lucas Digne and Moise Kean compared to the disposals
of Anthony Gordon, Nathan Broadhead, Ellis Simms and various contingent
receipts in the current period.

[Blueomar]

Some of these people (Moshiri, DBB etc) need to be very careful not to show their faces in Merseyside for a long time. Of course I'm not advocating violence in any way, but a completely fabricated headlock would be the least of their worries the amount of destruction they've caused and the anger that has been created.

I'll be surprised if Moshiri ever goes back. Probably skips the opening of the new ground.

[Cantoffee]

Only brought it down £3m YoY.

Can't get my head around it. There's absolutely nobody left, the squad is awful, and we still have a wage bill >£150m.

Keane
Holgate
Godfrey
Gomes
Alli
Asap asap asap

Doucs
Pickford
Tark
Onana
DCL
Gana

Times up. Some of these have to go now sadly to bring this wage bill down.

Way down from 20/21 but yea the issue now is we have some deadweight contracts but all clubs do. Most clubs are going to have an Alli or Gomes sucking wages for no benefit.

We do have overpaid players like Holgate, Keane, Godfrey, Young who need to leave yesterday. Of course, they also need to be replaced but can't imagine we can't find a third and fourth choice centerback for less than what we pay them.

The biggest issue is revenue - we simply need it to go up by 30% to ensure we remain competitive in the prem. BMD will help with some of that but we are going to need to improve our revenue generation somehow or become experts at finding gems like Brighton.

They probably have half their squad on less than £15k/week and they would all walk into our team.

I think we survive this season but we continue to circle the drain. If the quality at the bottom end of the league is slightly higher next season we are in trouble. We will need to replace one or both of Branthwaite/Onana with lesser players and perform better than we have this season. That seems unlikely to me although too hard to make predictions now as the summer and takeover can bring big changes.