SUPERTOON Posted March 31 Share Posted March 31 Grim reading for Everton Link to post Share on other sites More sharing options...
SUPERTOON Posted March 31 Share Posted March 31 Link to post Share on other sites More sharing options...
Ben Posted March 31 Share Posted March 31 Just now, SUPERTOON said: Grim reading for Everton Currently spending £124 for every £100 brought in Link to post Share on other sites More sharing options...
Guest Posted March 31 Share Posted March 31 2 minutes ago, SUPERTOON said: Grim reading for Everton couldn't be happening to a nicer club Link to post Share on other sites More sharing options...
gbandit Posted March 31 Share Posted March 31 That sounds fairly disastrous Link to post Share on other sites More sharing options...
SUPERTOON Posted March 31 Share Posted March 31 Just now, gbandit said: That sounds fairly disastrous And fairly brilliant ? Link to post Share on other sites More sharing options...
Ronson333 Posted March 31 Share Posted March 31 If we only had a full team on Tuesday … Link to post Share on other sites More sharing options...
Miggys First Goal Posted March 31 Share Posted March 31 Just relegate Everton now. They forfeit all remaining games this season. 3 points for us. Link to post Share on other sites More sharing options...
Keegans Export Posted March 31 Share Posted March 31 Even ignoring the FFP implications (which are obviously a lot more complicated) the profit and loss account currently sits at minus £550m. Half a billion quid for relegation battle after relegation battle. Link to post Share on other sites More sharing options...
sempuki Posted March 31 Share Posted March 31 They must be buggered now. Another hefty points deduction incoming. Link to post Share on other sites More sharing options...
Sibierski Posted March 31 Share Posted March 31 And they’re getting in a bunch of chancers to own club who don’t have a pot to piss in. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted March 31 Share Posted March 31 Put FFP to one side that statement basically means the auditors can not give any assurance that the club has the finance, or access to finance, that enables it to fund its obligations for 12 months. or in football speak there are no guarantees that they can fulfil their fixtures. the Premier League should be looking at that and deciding if that is a risk they are happy to carry Link to post Share on other sites More sharing options...
Guest Posted March 31 Share Posted March 31 I hate Everton, probably my most hated club after Sunderland, but this whole FFP thing is a heap of shite. Link to post Share on other sites More sharing options...
Guest Posted March 31 Share Posted March 31 1 minute ago, Optimistic Nut said: I hate Everton, probably my most hated club after Sunderland, but this whole FFP thing is a heap of shite. is it? they've walked themselves into this danger Link to post Share on other sites More sharing options...
Guest Posted March 31 Share Posted March 31 (edited) 1 minute ago, Jack27 said: is it? they've walked themselves into this danger I just think it's bollocks that they gave it a shot a few years ago, it failed, but that's it, they're screwed. Especially when Liverpool fucked up last year but they could just paper it over by spending £150m without battling an eyelid. Same as Man U & Chelsea can. It's fucking shit. Edited March 31 by Optimistic Nut Link to post Share on other sites More sharing options...
Keggy_Keagal Posted March 31 Share Posted March 31 The losses are with borrowed money, and unless I'm mistaken I don't believe factor in the stadium costs which were ran through a separate company. Link to post Share on other sites More sharing options...
KDT Posted March 31 Share Posted March 31 (edited) Do them selling Branthwaite for £60m + this summer not just sort them out? With FFP anyway, I’m aware of the other issues. Edited March 31 by KDT Link to post Share on other sites More sharing options...
MagMal Posted March 31 Share Posted March 31 I might pop over to grand old team for a bit of morbid reading, and a chuckle or two. Link to post Share on other sites More sharing options...
MagMal Posted March 31 Share Posted March 31 2 minutes ago, Keggy_Keagal said: The losses are with borrowed money, and unless I'm mistaken I don't believe factor in the stadium costs which were ran through a separate company. Wow, so they have in effect taken loans to cover loses and can't afford them, so in my simple non financial brain that has got to be a double loss?, they have got to be proper screwed Link to post Share on other sites More sharing options...
Armchair Pundit Posted March 31 Share Posted March 31 As much as I don't like Everton (and I really don't like Everton), I dislike and disagree with the whole FFP nonsense more. Link to post Share on other sites More sharing options...
gbandit Posted March 31 Share Posted March 31 I’d like to see Everton struggle on the field and be relegated for being a shambles of a footballing side for years. I don’t want to see them fail because of major mismanagement. I know it’s a fine line, all clubs take risks but it’s an awful situation for hundreds of thousands of fans Link to post Share on other sites More sharing options...
Guest Posted March 31 Share Posted March 31 15 minutes ago, Optimistic Nut said: I just think it's bollocks that they gave it a shot a few years ago, it failed, but that's it, they're screwed. Especially when Liverpool fucked up last year but they could just paper it over by spending £150m without battling an eyelid. Same as Man U & Chelsea can. It's fucking shit. that's a fair point counterpoint: everton Link to post Share on other sites More sharing options...
GeordieT Posted March 31 Share Posted March 31 4 minutes ago, KDT said: Do them selling Branthwaite for £60m + this summer not just sort them out? With FFP anyway, I’m aware of the other issues. It would help them for the current accounting period yes. But the structural issues persist - these accounts already are mitigated in part by the sale of Gordon. Incidentally, and I’ve posted on here previously about this, I work for a company which is often approached either directly by clubs or brand intermediaries with regards to front of shirt sponsorship / other opportunities. About six months ago we were asked as to our interest for headline naming rights for their new stadium - and they were asking for an absolute pittance (c. £6-8m). Reeked of desperation. Link to post Share on other sites More sharing options...
Kid Icarus Posted March 31 Share Posted March 31 1 hour ago, SUPERTOON said: And fairly brilliant ? You'd think at some point the tribalism will stop. Football is being ruined Link to post Share on other sites More sharing options...
El Prontonise Posted March 31 Share Posted March 31 32 minutes ago, Optimistic Nut said: I just think it's bollocks that they gave it a shot a few years ago, it failed, but that's it, they're screwed. Especially when Liverpool fucked up last year but they could just paper it over by spending £150m without battling an eyelid. Same as Man U & Chelsea can. It's fucking shit. There shit goes beyond FFP tbf, they are struggling to secure financing it seems. Link to post Share on other sites More sharing options...
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