The NSNO Everton Forums

Think as fans we'll all want strong communication between fans and ownership. I think we're a little bit over surprises right now, even if this one has been a positive one.

Honesty over smoke and mirrors please.

I dont think this is going to mean we spend much.

We remain in a bad financial position. Them clearing the debts should save us around £20m a year, new stadium should add another £20m a year you'd hope so a big enough swing to mean we are close to break even.

We will still be sell to buy, but we've been more asset stripping the past 4 years than actually selling to buy.

Get through this season and we will be in a much better spot soon. Hopeful they can give us some stability and financial support to solidify our prem status with a view to pushing on in the next 3-5 years.

Escalator wrote: ↑Mon Sep 23, 2024 4:05 pm He doesn’t own Toyota, he owns the distribution rights in several U.S states so not his call and of little commercial value to him. What he does own though is the luxury chain of hotels Auberge resorts which would make a classy shirt sponsor and give massive exposure on the European market, at least a very decent sleeve sponsor.

Well there's that and also, the Toyota logo is definitely the wrong color.

Cods wrote: ↑Mon Sep 23, 2024 10:05 pm Think as fans we'll all want strong communication between fans and ownership. I think we're a little bit over surprises right now, even if this one has been a positive one.

Honesty over smoke and mirrors please.

Apparently they don't get involved like that. Very low profile ownership which is one of the concerns because they may not grasp the club and fan connect. We'll have to wait and see on that. An empty chairman seat isn't new to us though

Dchans wrote: ↑Mon Sep 23, 2024 9:44 pm Article reads really well - much better outlook, get to January in contention and we’ll be fine guys

We won’t be spending our way out of trouble in January

Cereal Killer wrote: ↑Tue Sep 24, 2024 5:50 am We won’t be spending our way out of trouble in January

We won’t be in trouble come January

Escalator wrote: ↑Tue Sep 24, 2024 6:28 am We won’t be in trouble come January

That’s the positive attitude we need!

Cantoffee wrote: ↑Mon Sep 23, 2024 11:28 pm I dont think this is going to mean we spend much.

We remain in a bad financial position. Them clearing the debts should save us around £20m a year, new stadium should add another £20m a year you'd hope so a big enough swing to mean we are close to break even.

We will still be sell to buy, but we've been more asset stripping the past 4 years than actually selling to buy.

Get through this season and we will be in a much better spot soon. Hopeful they can give us some stability and financial support to solidify our prem status with a view to pushing on in the next 3-5 years.

I think you’re grossly underestimating the new stadium revenue. Between sponsorship revenue that comes with it as well as match day revenue. It’s all speculation of course but the lowest number I’ve seen thrown around is £40m a season.

American Evertonian wrote: ↑Tue Sep 24, 2024 6:39 am I think you’re grossly underestimating the new stadium revenue. Between sponsorship revenue that comes with it as well as match day revenue. It’s all speculation of course but the lowest number I’ve seen thrown around is £40m a season.

I think the issue with that figure has always been the high interest loans used to pay for it meaning that £40m wasn't actually how much better off we'd be (someone might correct me on this though).

However it's seems Friedkin is paying a lot of this off and will probably restructure the rest, meaning we'll be in a much healthier position and able to take advantage of a lot more of that increased revenue from the new stadium.

The fact they've invested £1bn in to Roma to stabilise them financially gives me a lot of hope they'll help us get to financial health pretty quickly.

AjaxAndy wrote: ↑Tue Sep 24, 2024 7:12 am I think the issue with that figure has always been the high interest loans used to pay for it meaning that £40m wasn't actually how much better off we'd be (someone might correct me on this though).

However it's seems Friedkin is paying a lot of this off and will probably restructure the rest, meaning we'll be in a much healthier position and able to take advantage of a lot more of that increased revenue from the new stadium.

The fact they've invested £1bn in to Roma to stabilise them financially gives me a lot of hope they'll help us get to financial health pretty quickly.

Agreed. I was just speaking in terms of revenue and not in terms of net income. I am not sure if the OP was meaning net or gross.

Cods wrote: ↑Mon Sep 23, 2024 10:05 pm Think as fans we'll all want strong communication between fans and ownership. I think we're a little bit over surprises right now, even if this one has been a positive one.

Honesty over smoke and mirrors please.

Yeah, communication isn’t the Friedkin’s strong point, apparently, according to that Roma supporter.

As long as they put proper talented people in charge of all departments and don’t meddle too much after that, particularly when it comes to recruitment, then it will be a welcome shift.

Paddockoldie wrote: ↑Tue Sep 24, 2024 4:42 am Apparently they don't get involved like that. Very low profile ownership which is one of the concerns because they may not grasp the club and fan connect. We'll have to wait and see on that. An empty chairman seat isn't new to us though

Yeah I know, thats why I raised it. Potential issue for us as we lurvvve the comms.

Minor issue pethaps, I'm mainly happy with this overall though as I think its the best option.

Marcotti has stated that the bad of the Texas-based group is that there’s a constant turnover at their clubs and their communications are not ideal.

On the other hand, the good is that they invest a lot of money and do not pile up debt and if they are to lose money, it’s their own and not money they’ve taken on loan.

He wrote on X: “Friedkins at Everton (if approved):

“BAD: They made some really poor choices, comms is awful and there is a constant turnover in personnel at the club (meaning sporting director, CEO, executives etc more than coaches).

“GOOD: They invest their own money and they invest a lot. They don’t rack up debt, they actually have money and, ultimately, if they lose money, it’s their own money.”

sam of the south wrote: As long as they put proper talented people in charge of all departments and don’t meddle too much after that, particularly when it comes to recruitment, then it will be a welcome shift.

Issue at Roma seems to be that they do indeed meddle, both in terms of staff turnover and sometimes in player relations (they recently demoted somebody to the reserves because he wouldn’t accept a transfer, seems to be part of the falling out with De Rossi)

StirlingBlue wrote: ↑Tue Sep 24, 2024 8:23 am Issue at Roma seems to be that they do indeed meddle, both in terms of staff turnover and sometimes in player relations (they recently demoted somebody to the reserves because he wouldn’t accept a transfer, seems to be part of the falling out with De Rossi)

The more you delve into it, the more im expecting a similar picture to Moshiri, lots of churn both on and off the pitch and no real strategy. All the good/bad from Gab Marcotti reads just like Moshiri when he first arrived, with the exception being it wasnt his money, it was Usmanovs