This year, Joe's analysis is being published exclusively on ToffeeWeb with the purpose focusing solely on the facts and putting emotion to one side.
Joe has prepared in relatively simple form some key financial metrics covering the last 8 years (the Kenwright Era). While many will suffer temporary blindness when confronted wth Joe's tables, some of the stark facts are incredible:
There's lots more interesting material in this excellent compilation, which Joe has supplemented with some crucial financially-based questions relating to how you may choose to vote in the upcoming ballot on moving to Kirkby:
Editorial note: The two analyses were initially published together as one PDF, ostensibly to prevent readers from having to download two separate documents. In order to fulfill Joe's desire to set emotion aside with regard to the hard 2006/07 and seeing as the second section was more speculative on Joe's part, we have now split the document into two separate PDFs so that they can be assessed on their own merits.
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Regarding the £14m mortgage, speculation has it that this was taken out in April in order to pay off the club's bank overdraft ad cover payments due on the Joleon Lescott and Andy Johnson transfers.
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* Everton deducted 8 pts; †Forest deducted 4 pts for PSR breachView full table
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