Everton make record profit
- Thread starter Pancho
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I accept that it's a bit of a daft comparison because the various values will never be realised, but I was simply trying to bring some perspective to GK's statement that the two clubs were in a similar financial state.
Having said that I shouldn't have automatically assumed that EFC's training facilities were inferior to the AOL - leased or not.
joss
Midfield
It isn't included in these accounts. Haven''t had a chance to have a good look but first impression is it's more Bill bluster. All PL sides will see increased turnover etc and the main driver is obviously media rights so I'm expecting most sides to announce similar 'good news'
Not with the new tv deal we won't. We'll be on an even keel operationally much like everton.
Flash Gordon
Striker
M
mad hatter
Guest
We've definitely cut down the losses from when Short first took over mind. Wasn't last year only a £8million loss or something compared to about £35million in his first season. The problem is this cut in spending has had a pretty massive effect on the pitch.
From The Business Desk.com:
Operating profit before player trading came in at £23m, compared with just £700,000 in 2012/13. The Premier League TV deal generated broadcast revenue of £88.5m for the year, exceeding Everton's total turnover of £86.4m, for the previous year.
EverBlue86
Midfield
More happy that our debt has been reduced from £45 to £28 mil in a season tbh especially when you see clubs like Liverpool looked at by EUFA for the losses it's made in recent years and Utds total losses for their poor season last year.
We flogged felliani that year but also spent a good £20-25 mil or so on mccarthy, Kone, Robles and loan fee's for lukaku and barry
The big news is seeing how they will fund the new stadium. By sounds of it it's gonna be some form of project including housing, retail etc so providing they get investment from a 3rd party and/or naming rights sold I wouldn't be shocked if the club took a chunky loan out if we can be debt free come next season or so/looking good on paper borrow to from the banks
We flogged felliani that year but also spent a good £20-25 mil or so on mccarthy, Kone, Robles and loan fee's for lukaku and barry
The big news is seeing how they will fund the new stadium. By sounds of it it's gonna be some form of project including housing, retail etc so providing they get investment from a 3rd party and/or naming rights sold I wouldn't be shocked if the club took a chunky loan out if we can be debt free come next season or so/looking good on paper borrow to from the banks
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Lukaku may have been a bit salty at what £28m?, but you've still got a decent bunch of young and valuable players in your squad.
The new stadium malarkey poses some risk, but from an outsider's perspective, certainly at the moment anyway, EFC look to be in pretty damn good shape.
EverBlue86
Midfield
quite a few blues think the same mate that we over paid but for me he's worth every penny, I seen this stat last week after he scored against burnley:
"Romelu Lukaku has now scored 36 goals in the Premier League since 2012/13. Only Suarez (54), Van Persie (40) and Aguero (38) have more"
for a 21 year old who's still growing and developing as a player that's a phenomenal goal scoring record, especially as Suarez, RVP and aguero are all in their primes and you look at what suarez has just been sold for, what aguero would cost and what Van Persie would cost if he was a few years younger than what he is.
I'll be devastated the day we leave goodison mate you don't realise the memories you do have of a stadium, been taken by loved ones as a kid that are no longer here etc. I'll be gutted, but I think its vital in moving the club forward the obstructed seats and capacity I think hold us back and I think the day we move stadium is the day the board sell the club. They wont sell right now when they can double their money if we move stadium in a few years!
joss
Midfield
The gross debt has actually increased by £1m and we're still borrowing off VIBRAC as an advance for TV money.
Overall from what I can gather we are very slightly better off this year than last but it's just creative accounting and wholly thanks to BSkyB and BT. Commercial revenues have actually fallen which is criminal in 2014 in the PL
The new stadium won't happen mate with this board, they've failed twice prior and have no plan this time.
Although you should know better than me, your summary doesn't seem to fit with the articles I've read today.
Has Lukaku actually been any good this season? He's looked way off the pace in the games I've seen, I don't know if he's just a bit knackered from the last few seasons and his lack of break over the World Cup. His goal at the weekend was as jammy as you like.
EverBlue86
Midfield
Mate alot of our fans have to get over the past 2 stadium moves. Kings dock would of been brilliant and had it been in 2014 i think we would have had it secured (shame we were in a mess at the time) I think it came at the wrong time for us as a club. The kirby one was a shambles and thank god it failed through.
The reason why I'm optermstic is Joe Anderson tweeted about this around the time of the lukaku deal weeks before any talk of a stadium came to being, common talk amongst the residents around walton hall park seems to be a feeling that this proposal is alot further than what we're led to believe and realistically any opposition to a move won't succeed.
Just need to be positive mate, I'm pessimistic as it comes being a blue were used to fuck ups and empty promises from this board, the tv revenue is the main reason of course, and our sponsorship and kitbag deals are horrendous for where we are at the moment but things are looking up at the minute both on and off the pitch, I'm just enjoying it whilst we're doing relatively well as someone who's lived through the 80's then seen what we became in the 90's football can change awfully quick!
RichD
Striker
I agree, we seem to go from one extreme to another, We will never be as lucky as we were last season stopping up, and I believe we have an even weaker squad than last season so if we don't spend we will go down
EverBlue86
Midfield
Has Lukaku actually been any good this season? He's looked way off the pace in the games I've seen, I don't know if he's just a bit knackered from the last few seasons and his lack of break over the World Cup. His goal at the weekend was as jammy as you like.
He didn't have a pre season with us which didn't help and he's been playes out of position a few times/with a toe injury so not the ideal start to the season but has 4 in 9 games in the league so if he gets one tomorrow he's got a 1 in 2 ratio so far which is why we paid that sort of money for him I suppose. Haha thank god he scored it though!
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