Recent Reader Comments
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Mike # 23 - I think you are spot on with your last two paragraphs.rnrnWhy on earth did Jeff Bezos take a minor stake in Liverpool FC. My view - he intends to buy Fenway out after his people on the LFC board report back to him over the course of the next year or so.rnrnSome billionaire with a big pile of \"useless money\" will have taken note of Bezos\' move and think \"I haven\'t got one of them\" ( a premier league club) and think \"why not?\". Bigger barns.rnrnI also have a question. Could this mystery investor provide a sponsorship deal ( like Usmanov ) and if so would that have a positive impact on our SCR situation?...
Laurie Hartley in Everton FC: An assessment of a prospective sale by The Friedkin Group -
David #63, as Tony says, clubs continually make losses. To do that they are spending more than 100% of their revenue, not only the SCR percentage....
Eric Myles in Another cash injection as Everton issued a tranche of new shares -
Raymond #51, the question I always ask is \'how much income tax and NI contributions will these robots pay?\"rnrnAfter all it\'s the governments main source of revenue to fund tbe forces, NHS, education and all the unemployed that the robots will replace. rnrnWill they raise business taxes on those industries that create and use robots and AI? That won\'t sit well with the business owners and that extra cost will then be pushed back to the consumer, the very unemployed people that the technology replaced that just can\'t afford it....
Eric Myles in Everton part of a fight with UK gambling firms over unlicensed foreign sponsors -
David #8 SCR does not work like that.
If we are at 60% this year and spend to make it 85% in January - come 2027-28 season we will start with 85%, reduced by any extra revenue or profit on player sales.
And if the extra spend gets us into Europe, then we not have to get to 70% at the start of the season which will be selling Armstrong or Garner or Branthwaite or KDH or George.
Look at spending as being a millstone around the neck.
And as for not wanting Europe unless it is CL, I did suggest a while back that maybe there was a message from the management to Moyes to go easy on the points in the last 7 games because getting into the Europa Conference could really mess up the plans....
Phil Roberts in Everton FC: An assessment of a prospective sale by The Friedkin Group -
Mark 22, good points, but your qualifier on your second point is important. Long-term, the stadium has the potential to be an oil well, pumping out steady if unspectacular revenues – and profits –that will enhance value for the owners just by its reliability.rnrnDerek 21, thank you for the correction, I used the same quote in a post last week but improperly credited it to Mike TV instead of Veruca Salt.rnrnI think you should expect a whole bunch of Mr. rabbits hopping down the trail towards the Friedkin offices. Given the number of billionaires with useless money hanging around the US right now, and the glamorous cachet that the Premier league carries at the moment, I think Mr. Friedkin will need velvet ropes and bouncers to manage the number of eager minority investors.rnrnAnd definitely don’t discount the possibility that one of them will have ambitions of buying up the club at some point.rnrnrn...
Mike Gaynes in Everton FC: An assessment of a prospective sale by The Friedkin Group -
It\'s a long read but always worth it. Three things stood outrnrn1) You can have a lowish SCR ratio and still make big losses so you rely on the patience of owners whose only upside is capital appreciation. It\'s why I think TFG will sell at some point over the next 5 years or so, possibly gradually. This is not a cash cow Toyota dealership. Nor is it a labour of love.rnrn2) The stadium basically does not pay for itself, it\'s loss making, at least in the near term. In the UK one talks about investing in infrastructure, but that word demands a return and it\'s not there. Had TFG not acquired the club and dealt with the loan cost, we would be going under.rnrn3) European competition, other than CL, is not so much a twin edged sword but a road to ruin. It almost makes me wonder if, at the end of the season, there will be some weird dance whereby any club realising CL is out of reach, \'manages\' their performance to avoid the ugly duckling of the lower competitions...
Mark Taylor in Everton FC: An assessment of a prospective sale by The Friedkin Group

