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Everton Record Loss(Again)

Discussion in 'The Football Forum' started by Treboeth, Jan 14, 2020.

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  1. Treboeth

    Treboeth Very Active Member

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  2. tombrown

    tombrown Very Well-Known Member

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    No news here, Everton record losses most weeks
     
  3. doctor_mac

    doctor_mac My cowboy name is Garland Justice Moderator

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    Usamov, Moshri's billionaire lizard friend, has just ploughed in 30m for the naming rights to a stadium that probably won't ever be built. This points to Everton being in a very precarious position in my opinion. They're now apparently paying towards 90% (according to some reports, but at least 80%) of the club's income on player's wages. They've spent an absolute fortune, and need to sell to buy to avoid being in breach of FFP. They currently owe Moshri 350m in interest free loans, but this guy is surely going to get fed up of the poison there, especially when FFP means there will be no quick fix to their problems.
     
  4. lfc.eddie

    lfc.eddie Active Member

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    I don't think directors and shareholders loan can negate the FFP rules, if they could Man City and PSG would never have been in trouble. Their owners can easily dished out loans after loans to the club.
     
  5. Beamrider

    Beamrider Active Member

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    Not 100% sure on the ins and outs of domestic FFP rules but UEFA’s rules are more strict. Man City and PSG are obviously subject to the UEFA rules (and there are some limited get outs for covering losses with equity injections) but Everton, not competing in Europe, are not subject to those rules. It’s possible UEFA would impose sanctions on Everton or even exclude them from European competition if they qualified (which they’re obviously not going to do this year).
     
  6. Aidan O' Neill

    Aidan O' Neill Well-Known Member

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    God, they've pissed away some money. Tosun was what 25 million? 34 million on Iwobe. 50 million on Siggurdson. 30 million on Pickford. All started when they let Koeman buy about 4 number 10s.
     
  7. doctor_mac

    doctor_mac My cowboy name is Garland Justice Moderator

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    I do think the PL has a form of FFP which works against total losses. With consecutive losses like that and without the promise of European money that must begin to look unsustainable. I can only imagine the 30m from Usamov is to keep them under some threshold for punishment.
     
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  8. Jack D Rips

    Jack D Rips Very Well-Known Member

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    They're a bit of a blot on the landscape really.
     
  9. RedStar

    RedStar Well-Known Member

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    Why sell, a PL club is basically an asset that keeps appreciating in value every year
     
  10. doctor_mac

    doctor_mac My cowboy name is Garland Justice Moderator

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    That would be just fine if you were just sitting there watching it appreciate in value. But that isn't the case, Moshri has thrown in the best part of half a billon quid into Everton in interest free loans attempting to make them a top tier side. He's now getting his pals to throw money down the toilet too.
     
  11. refugee

    refugee 4 * Xpert 11 Champ + only Veisercount Cup winner Member

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    There were some rumours that Usamov was going to buy part of, or all of the club solving there immediate FFP issues.
     
  12. Dee

    Dee Well-Known Member

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    As long as they stay in the EPL
     
  13. Peatcheo

    Peatcheo Well-Known Member

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    He has money in Arsenal though, doesnt he? He'd have to sell up his stake there first.
     
  14. manwithnoname

    manwithnoname Bravo old man. Bravo. Banned

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    They can go up and down in value depending on wage/ transfer fees, over all debt levels, crowd attendance and TV/ competition revenues.

    Just ask Arsenal.
     
  15. refugee

    refugee 4 * Xpert 11 Champ + only Veisercount Cup winner Member

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    I thought he'd already sold those. Could be wrong though
     
  16. Woland

    Woland Part of the Furniture Member

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    Yeah he sold a minority stake for over half a billion when Kroenke took over. If he's involved then they'll be ok. This deal shows that it's part of a long term plan, albeit one that has started terribly.
     
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  17. manwithnoname

    manwithnoname Bravo old man. Bravo. Banned

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    You're not, he has, and let's not pretend Moshiri has a billion quid spare, a load of that money is Usmanov's cash anyway
     
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  18. Vonblonberg

    Vonblonberg Active Member

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    This weekend sees the ultimate shite off, Everton Vs West Ham in a battle to see who has recorded most loses since football began in 1992.

    They are both tied on 375.

    The Ev can sleep easy though as they already have the record number of goals conceded and unless there’s a 42 goal swing they’ll keep that record for at least another week.
     
    Last edited: Jan 15, 2020
  19. binomial

    binomial Very Active Member

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    25m on Gbamin who played like 1 game and has been out injured since.
    30m on Keane
    Going back a few years, remember Bolasie? He cost 30m, Walcott 20m.
     
  20. manwithnoname

    manwithnoname Bravo old man. Bravo. Banned

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    I think they're still paying some of his £75K wages too, despite being on his third loan club in 18 months

    haha
     
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