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...
NG32 Posted October 31, 2014 Share Posted October 31, 2014 Imagine Tan and Ashley talking about "football business" Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted May 18, 2015 Share Posted May 18, 2015 Uefa to relax FFP rules to allow more owner investment after Manchester City and PSG argue against unfairness The Independent Martyn Ziegler The financial fair play rules that saw Manchester City handed a huge fine by Uefa last season are set to be relaxed. Uefa is expected to announce next month that the FFP rules will be eased to allow more owner investment - a move that will aim to nullify more than 10 legal challenges that the European governing body is now facing. Some clubs including City have argued that the FFP rules favour the rich, established clubs because they effectively prevent wealthy owners taking over a club and pumping in huge sums of money over a short period. That scenario happened with City and Paris St Germain and both were handed £49million fines and transfer restrictions last season and the European Clubs' Association has been putting pressure on Uefa for a change. Uefa president Michel Platini has revealed that some of the rules will be "eased" - and the lawyer leading one of the legal challenges against the FFP system has responded by welcoming the move. Platini told French radio station RTL: "The world is two-faced but we will say this openly: I think we'll ease things, but it will be the executive committee who will decide if it is to be eased or something like that, and the outcome will be known by the end of June. "I think the regulations have been very good and it is the clubs who voted for FFP. "But the French press say it is not right that (Chelsea owner Roman) Abramovich can buy many players and in France they can not buy them. But if the Qataris had bought AC Milan the French would also say we should make financial fair play even tougher. As it is, the Italians wanted it eased." One source close to the negotiations told Press Association: "Many clubs want change - the current system means those who have more will always have more, and those who have less will always have less." Jean-Louis Dupont, the lawyer leading the legal action against Uefa, said in a statement: "We welcome the announcement of a change in the rules in line with the demands expressed by our clients in their various legal actions. "When the exact content and scope of these changes are known, we will consider with our clients how this development, which on first sight appears favourable, is likely to meet their legitimate expectations and influence the conduct of ongoing actions." Link to post Share on other sites More sharing options...
r0cafella Posted May 18, 2015 Share Posted May 18, 2015 Good. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted May 25, 2015 Share Posted May 25, 2015 Newcastle United’s TV and merit money income for this season is £75.65m. http://www.telegraph.co.uk/sport/football/competitions/premier-league/11620171/Premier-League-prize-money-how-much-each-club-earns-in-2014-15.html Link to post Share on other sites More sharing options...
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