LucaAltieri Posted May 16, 2014 Share Posted May 16, 2014 They get €40m of the fine back if they stick to the restrictions. So in reality it's either a €60m fine... OR €20m fine & Champions League squad down to 21 players (13 foreign max) next season. Link to post Share on other sites More sharing options...
Klaus Posted May 16, 2014 Share Posted May 16, 2014 They should just keep spending s*** loads of money on players, effectively buy the league and champions league next season, but take the full fine. They would still be better off financially. Link to post Share on other sites More sharing options...
relámpago blanco Posted May 16, 2014 Share Posted May 16, 2014 Good plan, make them spend more money as a punishment for spending to much money. I hardly think 50 million quid is going to bother them when they are happy to spend anything to get anyone. Link to post Share on other sites More sharing options...
Dave Posted May 16, 2014 Share Posted May 16, 2014 The MCFC Champions League squad for the 2014-15 competition will be limited to 21 players. In 2013-14 the club registered 23 players for the competition and used 21. The Club’s expenditure on new players for the upcoming summer transfer window, on top of income from players it might sell, will be limited to 60m euros. This will have no material impact on the Club’s planned transfer activity. The wage bill of the whole club (playing and non-playing staff) for 2014-15 will need to remain at the same level as that of 2013-14 season. It is important to note that additional bonuses for performances can be paid outside this number. Sounds like this'll really sting. Link to post Share on other sites More sharing options...
Neil Posted May 16, 2014 Share Posted May 16, 2014 You mean.... they've been given a punishment that sounds like a really major move on paper but actually won't make much impact at all? Shocked here like. Link to post Share on other sites More sharing options...
Anon Posted May 16, 2014 Share Posted May 16, 2014 The wage bill of the whole club (playing and non-playing staff) for 2014-15 will need to remain at the same level as that of 2013-14 season. It is important to note that additional bonuses for performances can be paid outside this number. £1m per pass completed... Link to post Share on other sites More sharing options...
midds Posted May 16, 2014 Share Posted May 16, 2014 Would the €60m fine factor into the next set of accounts? As in, the money paid towards the fine be counted as part of their spending for the proceeding season? Link to post Share on other sites More sharing options...
Disco Posted May 16, 2014 Share Posted May 16, 2014 Such an odd punishment, particularly the must have English players in. Link to post Share on other sites More sharing options...
Newcastle Fan Posted May 16, 2014 Share Posted May 16, 2014 Where will this money go though? Link to post Share on other sites More sharing options...
Rich Posted May 16, 2014 Share Posted May 16, 2014 Where will this money go though? http://i.imgur.com/NfTWmFF.png Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 16, 2014 Share Posted May 16, 2014 What a smug bastard. Link to post Share on other sites More sharing options...
Neil Posted May 16, 2014 Share Posted May 16, 2014 Yep, but he's only posted a picture of Platini. Bit OTT there Neesy. Link to post Share on other sites More sharing options...
Rich Posted May 16, 2014 Share Posted May 16, 2014 Neesy, why? Link to post Share on other sites More sharing options...
Wullie Posted October 31, 2014 Share Posted October 31, 2014 Everton have reported a £28m profit in their latest accounts. Turnover of £120m - £88m of which was TV money, more than the club's entire turnover in the previous accounts. We're skint though. Link to post Share on other sites More sharing options...
Disco Posted October 31, 2014 Share Posted October 31, 2014 http://cache4.asset-cache.net/gc/459699423-romelu-lukaku-of-everton-gives-a-thumbs-up-gettyimages.jpg?v=1&c=IWSAsset&k=2&d=GkZZ8bf5zL1ZiijUmxa7QVU210tmeNgBiDqbmWbTTy6NXo17gqrbr7jyopo5EdDT Link to post Share on other sites More sharing options...
Chicane Posted October 31, 2014 Share Posted October 31, 2014 They don't include transfer activity in those accounts, right? Link to post Share on other sites More sharing options...
GeordieT Posted October 31, 2014 Share Posted October 31, 2014 Our profits are going to be incredible. Link to post Share on other sites More sharing options...
Wullie Posted October 31, 2014 Share Posted October 31, 2014 They don't include transfer activity in those accounts, right? http://www.bbc.co.uk/sport/0/football/29843746 Yeah they do, but not the most recent window, they've since spent almost exactly that profit on Lukaku. Link to post Share on other sites More sharing options...
LRD Posted October 31, 2014 Share Posted October 31, 2014 Hate that new TV deal. We won't see any of it invested in players and that big money means Ashley has even less inclination of getting rid of us forever. Link to post Share on other sites More sharing options...
Guest Posted October 31, 2014 Share Posted October 31, 2014 SSN have just completely ignored the TV money when giving 6 bulletpoints about how their profits improved. Link to post Share on other sites More sharing options...
Teasy Posted October 31, 2014 Share Posted October 31, 2014 Everton spent £36.5m total this summer, with a profit of £36m on transfers for the 4 seasons prior to that, we'll see next summer if they're willing to start spending above break even on transfers long term. I bet our turnover beats that £120m from Everton despite us only finishing 10th and them finishing 5th, but I'd also bet we won't start spending above break even long term. Link to post Share on other sites More sharing options...
The College Dropout Posted October 31, 2014 Share Posted October 31, 2014 Saw some Everton/Chang advertising in Thailand. Link to post Share on other sites More sharing options...
Taylor Swift Posted October 31, 2014 Share Posted October 31, 2014 Everton spend breakeven on transfers in general but they also breakeven from football operations in general, too. They used to spend more than they got because the goal was at least to reach breakeven. We make a profit on transfers and we also make a separate profit on operations. It's a different attitude to investment and growth. We're a club with a small mentality right now. If we spent enough just to breakeven on transfers, a lot of fans would be happy. If we actually showed some ambition and spent to breakeven on operations, which means Fat Mike wouldn't have to dip into his pocket, fans would be even happier and we'd be better off. The problem is the fat one won't even allow us to spend what the club generates by itself. Link to post Share on other sites More sharing options...
Away Toon Posted October 31, 2014 Share Posted October 31, 2014 It really is all about the money for this new generation of owners, and unfortunately the opportunity is there for them to make serious money out of investing in clubs. Ashley has led by example. Earlier on Thursday Tan, who also owns FK Sarajevo in Bosnia, told BBC Business he was going to be "minority partner" in the new franchise. "That's my personal, private investment," he said. "I believe the MLS will be a good investment." Tan, who also revealed he is seeking to invest in another unnamed European club, said he remains committed to Cardiff, who he bought in May 2010, despite their relegation from the Premier League last season. Tan said: "I enjoy investing in a football club and I believe that you can make money in a football club. "I didn't really start off well investing in football, I wasn't that lucky. "But there are a lot of clever owners who make money every year so I now understand the business so much better. Link to post Share on other sites More sharing options...
Guest FE10 Posted October 31, 2014 Share Posted October 31, 2014 They don't include transfer activity in those accounts, right? http://www.bbc.co.uk/sport/0/football/29843746 Yeah they do, but not the most recent window, they've since spent almost exactly that profit on Lukaku. And the price of a player will not be a direct cost like wages, but amortised over the length of the contract. Link to post Share on other sites More sharing options...
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