The Mail Bag

Voodoo they think they're kidding?

Comments (27)

The story about Everton?s £36M pound crisis is a typical reflection of the voodoo accounting that pervades this entire scheme. We are told the public enquiry has plunged Everton into a £36M pound hole, as if the board were struggling to pay some huge bill that just landed with a crash on Bill Kenwright?s desk and broke it in two.

In reality, most of that figure is fictional. Some £20M represents increased building costs that might be incurred if the stadium is built. Another £15M represents what might have been increased revenue if the stadium had been built on the original timetable. But look at that figure again. If £15 million is the estimate of increased revenue over two years, my limited mathematical faculties tells me that?s £7.5 million a season. So what happened to the extra £10 million a season Wyness and others have claimed it would generate for players? Voodoo accounting again.

That's how Wyness has been running this club all this time - constantly robbing Peter to pay Paul, mortgaging our future and coming up with a blizzard of bullshit to justify it all, along with a lot of empty promises.
Peter Fearon, Liverpool     Posted 07/08/2008 at 15:46:06

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Adam D
1   Posted 07/08/2008 at 16:56:10

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How do you know the £20m is related to building costs and the £15m to lost revenue, and not the other way around? If lost revenue was £20m then it would be £10 per season. And even if your calculations are correct, what about stadium sponsorship, executive boxes and the like.
I don’t much about the finances concerning the building of a football stadium, but I can’t imagine many other people do either.
martin cutler
2   Posted 07/08/2008 at 17:05:26

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Here’s an amazing thought...........why don’t we ALL just wait and see what happens?

We have no control over the situation.

Falling out and bickering over the price of steel (FFS!) ain’t gonna help anybody, least of all us lot - Everton fans!

Be patient! Deep breathe!

In Moyes we trust!

COYB!!!!!!!!
Gareth Humphreys
3   Posted 07/08/2008 at 17:11:16

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Adam D- because thats how the figures have been reported in the same article in which Peter refers.
Richard Hare
4   Posted 07/08/2008 at 17:28:38

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One of the reasons people are saying that the stadium will cost more in a couple of years time is because of the price of steel rises. What if the price drops though? then theres a chance we will be saving money.
Chris Cook
5   Posted 07/08/2008 at 17:42:01

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i swear, with all the negitivity around here, i’m surprised we haven’t followed United and Liverpool fans and created A.F.C Everton :D (and yes i’m aware there’s an Everton A.F.C in Cork)
Tony Marsh
6   Posted 07/08/2008 at 18:03:41

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Martin Cutler you may well trust in Moyes
but after the new improved 4 year extension to Carthorse Nevilles contract
and the horrible thought of Moyes signing Alan Smith my trust is very thin on the ground skint club or not.

I mean how the fuck is a man who,s career ended about 3 years ago at Anfield with that horrific leg break going to improvre our squad?Smith is useless.

As for CEOs being part of cover up or scheming Bastards this new TITHEAD we have just taken on is already at the Bollocks.

How the fuck can a man who knows nothing about football or Everton fans be telling Sky news how wonderfull Kirkby would be for the club and its supporters.
Its a disgrace.BK has sent him out to tow the party line and he is playing right up to his part.

This Prick is a Rugby League man and has no place telling Evertonians whats good for them. Why cant he do his job and keep his mouth shut FFS?More Bullshit and stormy waters ahead with this twat I think.

anthony fielding
7   Posted 07/08/2008 at 18:17:31

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Does anyone actually moderate this site, because how people like Tony Marsh gets to continue posting is beyond me, seems to me like he’s just full of hatred for the whole club right down to the tea ladies, makes me question if its not some sad RedShite trying to get some kicks by winding up genuine fans! Somebody ban him!
martin cutler
8   Posted 07/08/2008 at 18:16:34

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Well, one would hardly expect the new CEO to come out and say DK was a bad idea?
Even if he truly believed that.....you know he ain’t gonna say it!
Actually, if he’d have waited a day or two he could have avoided saying it and then he wouldn’t have looked a twat would he? (Your words, not mine by the way.)

As to Smith..................as a squad player working under Moyes PROVIDING we don’t pay too much for him, I have no problem with it.
First of all 1.5m was mentioned, that was okay (actually not a bad deal at all) but 3m is now the latest figure........I would say that’s borderline.......I’d rather money of that nature be spent on an up and coming Championship player (i.e. similar to Lescott’s deal).

As to Neville..............my honest opinion is that when I first heard that I thought FFS no!! The guy can’t pass wind in the right direction, however, as a right back and captain and somebody who could (fitness wise) last another 3 to 4 years - why not? DM knows he can’t buy players as and when he wants so why not keep the players who he obviously believes in.
Paul Cooke
9   Posted 07/08/2008 at 18:21:54

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@ Anthony

People like Tony Marsh are a rare breed. His views are at one end of the extreme scale, whereas other posters are are entitled to feel overly optimistic. A realistic point of view is usually located somewhere in the middle of these two extremes.

Some of what Tony says is highly relevent, and yes some of it is extreme bollocks, but you have to see the main point that drives his rantings, and that is that he doesnt want to settle for anything less than the best for our club - surely we all share the same ambitions?

We all want Everton to succeed, its just Tony has a funny way of putting things. :)
Nick Heady
10   Posted 07/08/2008 at 18:22:48

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I dont know about steel prices,but Alan Smith(knobhead or not) at £1 or 2 million is not a bad buy.Yes i know hes not the player he was,and ive never thought he was outstanding,but hes a proven pl player.If you think back to Peter Reid coming to us from Bolton,im pretty sure hed had quite a serious injury and came good.I know with all the anticipation of ’Big money signings’ Alan Smith doesnt really fit the bill,but for that money hes worth a punt,and hes still only 27.
John Taylor
11   Posted 07/08/2008 at 18:37:10

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I’m with Anthony Fielding.

Tony Marsh and his constant carping nonsense crosses the line of decency. if his latest effort isn’t "inappropriate material" (See ’Add your comments’) then I don’t know what is.

It brings nothing to the table in terms of rational discussion and I’m amazed it gets through.

"How the fuck.." "This prick...."

"It’s a disgrace". Yes, Tony. You got that one dead right.
Karl jones
12   Posted 07/08/2008 at 18:41:42

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Alan smith would be a huge backward step, and send out all the wrong messages. AJ 10-13 million..Pace, goalscorer.. Everton obviously forced to sell, replace him with a lame duck AS..no pace, past his best 1-3 million...Just imagine when Yakubu gets injured, we will be playing with him as a loan striker!
What does thatsay to our top players and fans? The Everton team/squad now lacks any real pace. we would have to fork out a lot more than 10 million these days to get a decent pacy forward, so wheres the logic in signing this dud?
neal king
13   Posted 07/08/2008 at 19:22:32

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i agree with TM again, your a legend ha ha
Tony Marsh
14   Posted 07/08/2008 at 20:16:29

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John Taylor my views may not be your cup of tea old bean but at least I have got something to say and a bit of passion when I do.Lets do it your way then shall we.

How is it it that a Milliband look a like
who knows nothing what so ever about football and nothing what so ever about Everton supporters has suddenly become the spokesman for us on all things Kirkby when he hasnt got a clue what he talking about? Its simple really isnt it. He is talking out of his arse.

I dont want a jumped up Rugby League accountant speaking on my behalf after 5 minutes in the job especially were the Kirkbt issue is concerned.He should stick
to getting things right behind the scene before he becomes BKs Lacky..Thats why he is a PRICK.
Mick Mac
15   Posted 07/08/2008 at 20:21:16

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ony Marsh seems to have a lot of derogatory comments to say about everything to do with Everton and for a bloke who doesnt even go to the match he seems to know a lot of how good our players are. I actually think Tony is just a red invading our space as an agent provocatour. In all my time reading posts on here I have never once heard him say soemthing positive about the blues. or when he does he puits in a caveat. I dare say you will be getting a warnig for you disgraceful post for if you havent you should Rant over lol
Brian Waring
16   Posted 07/08/2008 at 20:27:16

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It’s funny how some fans are calling it a great piece of business if we got Smith for £1.5 - 3m. But what about his wages? It’s been mentioned that he is on £60k at Newcastle, now, obviously he wouldn’t get anywhere near that with us. So, say we pay him £25k a week, over 3 years, that would be wages of £3.6m. So that (at the lower end ) £1.5m then becomes £5.1m, it stops looking like a bargain then.
God forbid if we had to pay £3m for him, the figures then go to £6.6m. Thats a lot of money for a player who lost it a long time ago. Surely the transfer fee and wages could go to better use? I know this is all pie in the sky, but I was just trying to show, that the bargain some fans are calling it, starts to look expensive.
Joeynkoo Ludden
17   Posted 07/08/2008 at 20:42:26

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Im with TM on this one. We have an acting CEO who’s first official comments are re Kirkby - a flawed and now dead project pushed through by the undeniably fat one. BK has resided over 2 failed ground moves - major projects - which equates to either bad judgement (or lack of) or negligence - dependent on which side of the yes no fence you live on. Either way, 1 week from kick off, surely our rapidly shrinking squad, PR disaster transfer rejection after rejection, is more worth sorting out? FFS, at this rate, novice Ince will be victorious on 16th August. Stop defending proven incompentants. This is our club. We will be here, investing, long after the current board up sticks. Bring your boots satruday week lads, we might get a run out.
Steve Templeton
18   Posted 07/08/2008 at 22:19:59

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Alan Smith may not be everyones cup of tea but I know who I would rather trust in buying players if it was a choice between Tony Marsh or Davey Moyes.
Gary Tudor
19   Posted 07/08/2008 at 22:29:26

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No need to worry about the steel price if Lakshi Mittal buys us!!!!!
Danny Broderick
20   Posted 07/08/2008 at 23:27:54

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Back to the original topic, I thought it was a pretty crappy piece of journalism. The word crisis is completely the wrong word to use if we don’t go to Kirkby - we will simply go back to the drawing board and stay at Goodison. The article was highly speculative at best - in my opinion, who is to say we won’t get bought out in the meantime and end up in a better ground in Liverpool?!
I guess journalism is just 1 man’s story...
Dave Gerrard
21   Posted 07/08/2008 at 23:30:28

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I have no problem with Tony Marsh expressing his opinion (no matter how colourful his language). I would like to point out though that our acting CEO has publically stated that he wants the job full time and, to be honest, is probably thinking that a bit of boardroom arse licking certainly wouldn't harm his chances. To be fair he has ended up looking a bit stupid but in the circustances I can't really blame him for doing it.
Roy Coyne
22   Posted 07/08/2008 at 23:51:10

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Why don't you guys blame Tony Marsh for our club being skint as well? I dont always agree with him but this site needs guys like him who are not afraid to stand up against the majority. If he feels he's right, Tony mate, I know you will any way, but ignore the pathetic critics and keep the faith.
joe 90
23   Posted 08/08/2008 at 07:59:59

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TONY MARSH/ May not be every-ones cup of tea! But, most of his messages are
Spot on especially the way the club has been run. Billy (bull-shit) has been an EVERTON director and owner for the last 10 to 15 yrs, ?Sorry Bill? you had no
Money then! You have no money now! The only thing that?s changed is you have come out and stated on sky-sports news you have no money to take the club to the next level. ?The fans have known that for yrs BILL! It?s only taken 15 yrs for you to say it
Ste Kenny
24   Posted 08/08/2008 at 09:01:11

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The new fella has been in the job 5 minutes when the call-in was announced. Who else is going to go and comment to the media, the tea lady? (although I'm sure Nev would have a comment given half a chance)

he obvoiusly had no choice in the matter and merely confirmed what the clubs hierachy clearly feel, That not moving to Kirkby is a blow for Everton.

I dont agree with that and most of you wont either but how can you slate the guy for that? He?s not going to go on sky and say he thought the Kirkby idea was a load of shite and was never viable.

As for his background being in rugby league thats a load of shite. His background is in business thats why he?s in the position he?s in. I couldnt give a flying fuck what he used to do and i dont really care whether he knows how I or other Evertonians feel as long as he makes good business decisions for EFC. i?ll judge him on that rather than a forced interview in which he was fairly non committal to most things.

Finally why does everyone always feel the need to respond to people on tony marsh?s behalf, I?m sure he can respond all on his own!!!
Paul Burns
25   Posted 08/08/2008 at 12:25:31

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The new CEO is obviously another Kenwright yes man to compound and exagerate his lies.
The whole place needs delousing with napalm.
We need to get our club back from the vermin destroying it from within.
Six years of Moyes wasred by these morons and the idiots who believe a single word of their lying crap.
John Doe
26   Posted 08/08/2008 at 12:32:36

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20 mil is escalation of building costs... therefore it’s a fictitious figure as it will just be market rate at the time - and Everton’s income should have escalated at a similar rate.

1 million related to legal costs.

15 million related to 18 months of lost income at the rate of 10 million per year (the article was pretty clear about this).

No conspiracy here... just shithouse reporting.
Damian Wilde
27   Posted 08/08/2008 at 13:53:35

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Peter,

So you don?t think the stadium being put back 12-18 months will increase costs? I don?t think anybody who read the article would think that Everton suddenly have a £36 million debt. Did you? Perhaps you just read the headline. I admit that journalists can be twats with headlines, but if you read on you get gist. The further a new ground is delayed, the more it will cost us and possibly lose us increased revenue (though obviously that?s not guaranteed). Look at the RS. They have had loads of delays and the price of steel keeps on rising , etc. They?re having to pay far more they originally thought.

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