The NSNO Everton Forums

777Kidnappings wrote: ↑Tue Jun 18, 2024 6:40 am Genuine question why can't we just sell something to ourselves like Chelsea did. Surely everyone should be balancing their books like that now

Because the legal entity that sold the hotel and the legal entity that bought the hotel are two differently listed companies.

All of our subsidiaries don't "trade" independently. Well, maybe they do, but without access to the kinds of funds required (EiTC and Everton Stadium Development ltd).

777Kidnappings wrote: ↑Tue Jun 18, 2024 6:40 am Genuine question why can't we just sell something to ourselves like Chelsea did. Surely everyone should be balancing their books like that now

it wouldn't be allowed for us, we aren't big enough for the prem to turn a blind eye if we did

Haven’t we got some old rollover hotdogs knocking around in the Bullens kitchen we could sell to ourselves?

Much more like it.

Tory Tory Man United aren't going to like that.

Toffee1 wrote: ↑Tue Jun 18, 2024 2:44 pm

By selling our academy prospects?

What academy prospects?

TBH I don't trust our Finance team to have added up correctly.

cassius wrote: ↑Tue Jun 18, 2024 2:46 pm By selling our academy prospects?

What academy prospects?

Our very own Benjamin Button, Ashley Young will be that prospect by the close of June.

cassius wrote: ↑Tue Jun 18, 2024 2:46 pm By selling our academy prospects?

What academy prospects?

Sssshhhh.

From the Swiss Ramble.

Everton know how much cash they need to generate in player sales before 30th June – and the situation is a lot better than some fans might have feared.

The Toffees were hit with two separate points deductions in 2023-24 for failing to finish within the Premier League’s £105m rolling three-year loss limit.

And with the 30th June now acting as a mini deadline day for clubs to generate player trading profit before the close of the PSR assessment period window, some fans have feared a fire sale on Merseyside.

Jarrad Branthwaite is a target for Man United but Everton are believed to be demanding a world-record fee for an English defender if the 21-year-old is to leave.

Newcastle United-linked Dominic Calvert-Lewin and Arsenal target Amadou Onana are also high-value assets that they could cash in on if the situation demanded it.

However, the latest analyses suggests that Everton will not be held over a barrel because of PSR issues.

Everton won’t be forced to sell players to comply with PSR​
According to world-renowned football finance analyst Swiss Ramble, Everton are within the £105m loss limit for the three-year period up to 2023-24.

That is despite being expected to post an operating loss of £98m for the financial year.

They are forecasted to come in under the limit in part due to the £40m in player sale profit they made in January, when Alex Iwobi, Demarai Gray, Tom Cannon and Ellis Sims were all offloaded for fees.

Swiss Ramble also cites a projected increase in revenue from £172m to £191m thanks to a surge in matchday income, TV cash and prize money.

He did, however, stress that these figures are estimations and that, without having access to the 2023-24 accounts due to be released early next year, it is impossible to judge definitively.

But the analysis bodes well for Everton, given that even with a margin for error take into account they are at least close to complying with financial fair play (now PSR) in the current window.
What is Everton’s PSR situation heading into next season?​
It is expected that Everton will post another loss in 2023-24, albeit one more modest than the two previous seasons.

They will therefore have to be restrained in the transfer market in order to hopefully get to a position where they can be more ambitious again in future seasons.
A lot will depend on the direction they choose to take under Dan Friedkin, who is the clear favourite to buy the club from Farhad Moshiri.

The AS Roma owner has entered into a period of exclusivity with Moshiri, beating off competition from a number of private equity companies and billionaire-backed consortiums.

Blueomar wrote: ↑Sun Jun 23, 2024 4:29 pm

Would help if he said how much.