Look at the other teams in the Premier League and what their approximate net spend is this summer: Arsenal £10mil, Villa spent big £28mil, Blackburn approx -£10mil, Bolton £14 mil, Chelsea £10mil, Everton -£10.5mil, Fulham £17mil, Liverpool £32mil, Man City £24mil, Man Utd -£7mil, Middlesbrough -£2mil, Newcastle £7mil, Portsmouth £5mil, Stoke £8mil, Sunderland £20mil, Tottenham £10mil, West Brom £15mil, West Ham £7mil, Wigan £6mil.
Now a few teams including Liverpool have still spent big this summer but there's a fair few teams who's net spend is less than £10 million this summer including Portsmouth and West Ham who supposedly have sugar daddies funding them. Even Chelsea have spent relatively little and Man U have actually recouped money (I anticipate Chelsea signing Kaka or Robinhio and Man U signing Berbatov as well as paying for Tevez).
My point is, if you're outside of those top 4 clubs, you're screwed. Villa have spent big but that's for this season's assault on the top 4, I bet Lerner won't spend this big next summer if they only finish 5th. Tottenham appear to have spent big but have recouped most of their money and will do further if Berbatov goes. Ashley at Newcastle has said they're still paying for players from 3 seasons ago and is unwilling to pay for big transfers. Portsmouth won the cup but 'Arry's been told he's got no more to spend. Shinawatra's threatening to leave amid rumours he's had to borrow money to pay some staff wages and some City supporting mates of mine are seriously worried about them.
Season ticket sales are down at Everton and most other clubs too. Not many games sell out now around the PL. We mock teams who don't bring a full away support but it's so bloody expensive I can't afford to watch Everton home AND away. People are starting to realise it's not worth it both from a competitive point of view and financially especially during the current financial climate.
I feel it's unrealistic now to expect a wealthy business man to come in and save us because that ship has most probably sailed. The money is draining away from football for those outside of the CL and I can only see that gap widening. We can point the finger at Kenwright for allowing us to be in such an awful position with our investors but our problems this summer are indicative of the problems within football itself: Investors are not seeing a return on their investment. I do fear we're in the worst position when the shit does hit the fan.
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1 Posted 15/08/2008 at 07:44:41
Sure if the value of the assets go up you can recoup when you sell for a higher price IF the team is moderately successful, otherwise, how do you get your money back??
Looking at it another way, it appears that the main reason (apologies but again, outside of the big 4) for investors coming in to a club appears to be their love of the game or their love of the club.
Take BK, (anywhere you like) he loves the club, but he is in limbo as the road to hell is paved with good intentions but he did not have the financial clout to make an ongoing difference. His words lack credibility because he hasn’t delivered.
So the Premier league is living beyond its means and their is a credit crunch biting. Thats why Everton ( Green or Earl that is) have not spent money. No wonder Moyes is frustrated. But the money has to come from somewhere not just for transfers but running the club as well.
2 Posted 15/08/2008 at 08:10:10
3 Posted 15/08/2008 at 08:06:28
Investors at that level are not stupid or easy to come by and it will take something quite special to get ourselves into their shop window.
Which for me makes it ever more important to improve ’the Everton brand’.
And by that i dont just mean marketing and merchandising in Liverpool city centre.
It starts with the club showing some ambition off the field. To be an innovator, a business leader that is not afraid to push itself to the front of the queue. The professionalism with which the club promotes itself, conducts its business affairs, and speaks to its customers (the fans) is very poor right now.
It would then be helped if David Moyes, and whatever team he gets to put out, shows more willingness to ’give it a go’ from the off, and not play the bloody percentages all the time. I know there is a lot of money at stake but a more attacking mentality would get us greater recognition worldwide and thats where the real potential exists for fans and investors.
And lastly the fans of ’the peoples club’ deserve more of a voice in my opinion. There are plenty of people on this website who claim to have better ideas than BK so what would hurt the club to listen to some of them?
Everton are a club with many ’firsts’ in their history to their credit. So why not show some real vision Bill and form a ’working partnership’ with some of your passionate fellow blues?
It may not work but it would get huge media exposure, go a long way to justifying ’the peoples club’ tag, and that alone may just be what it takes to flush out that elusive billionaire.
Worth a go?
Well either that or a bloody big ’for sale’ banner on Goodison Road... :)
4 Posted 15/08/2008 at 09:01:20
Anyway, as for this season and the closed season’s lack of transfer activity, part of me is screaming inside saying "sign, sign sign" but part of me is wondering why I am being dragged into this frenzy. I look at Spurs and think that the reason they are not doing as well as they could is because they sign a new team of players every summer, there is no settled format and while I have a sneaking feeling that Mr Ramos may just change this, I still feel that this season will be another ’bedding in’ campaign for Spurs.
Now, I really do think we need to make a few signings, just because we have shed some options (Carsley, Johnson, McFadden and Fernandes). I think that is of the utmost importance. Equally important is to give the youngsters a good go. In the meantime I cannot stop myself being hauled into what is essentially something that will eventually eat itself.
Some of this Premier league rubbish I just don’t buy and on the other hand, some of it I just can’t get enough of. Sad isn’t it?
5 Posted 15/08/2008 at 09:43:57
6 Posted 15/08/2008 at 09:49:30
7 Posted 15/08/2008 at 10:01:19
Having spent the summer (even on holidays) wasting my time checking every few hours on the web in the hope we had signed somebody (you would think the club might have a little compassion for us!) I take the view that what the club should do is ramp up its scouting system and scour the whole effing world for talent. Its shouldn't cost an arm and a leg to recruit the best scouts available.
Obviously if we haven't got the readies and the author of the article makes it crystal clear why we are never going to get them - a youth policy is just about the only game in town.
8 Posted 15/08/2008 at 09:38:59
I love EFC and I will support them to my last whatever happens, we are the People's Club, not the cucumber sandwich club. If investment comes fine if it doesn?t so be it, I don?t give a fuck what the nieghbours have. I don?t care how big we are in Europe, I don?t care if we don?t play in a ?superbowl?. Just don?t constantly bullshit the fans ? that's all I ask.
9 Posted 15/08/2008 at 11:02:50
Remember the eighties? Out of the misery of the early eighties came our greatest ever team.
I for one am praying the bubble bursts, but whilst Sky subsidise it all I doubt it will happen.
10 Posted 15/08/2008 at 11:10:19
11 Posted 15/08/2008 at 12:11:50
My big fear however is that it is so bloody expensive to attend matches these days that Sky will benefit further from fan’s reluctance to pay for travel and tickets and may take the second best option to armchair support with the inevitable result of their influence on the Premier league increasing evermore.
12 Posted 15/08/2008 at 12:43:56
Sky- you have a lot to answer for in destroying the traditional english game.
Money Talks - Bullshit Walks
13 Posted 15/08/2008 at 12:37:30
Whichever way you put it.. The investment in the playing side of the club has been comensurate with our current status as a mid table team turned european regulars.. How anybody would expect any more investment is beyond me without of course the proverbial ’sugar daddy billionaire’.. We are still currently the best of the rest and it is only by maintaning that position and by hopefully repeating our sucess a few years ago of breaking into the top 4 that we will eventually start to attract the ’sugar daddies’.. Also, somebody mentioned about innovation.. I’d say setting up training camps in China, Thailand & USA. the link with a major Asian brand Chang, the TV shows offering training at Everton,.. This brings an immediate raising of profile but will take a few years for Everton to receive financial rewards.. One other thing we are leaders in is our community program and our charitable work, including looking after our former players... It begs the question.. are we as badly run as people would have us believe? of course things could be done better but that can be said about just about anything.. Keep the faith, we actually have quite an ethical brand, is the next step complete capitalism?
14 Posted 15/08/2008 at 12:49:09
15 Posted 15/08/2008 at 14:04:12
16 Posted 15/08/2008 at 12:17:59
Transfer fees and players wages are what stops investore making the money they could, not lack of income.
17 Posted 15/08/2008 at 14:26:38
There are foot soldiers in the organisation that are more than pulling their weight. The Everton in the community and former player charities both predate Wyness for instance and are a success they can’t claim. The rest of our relative success has been achieved by a hard-working and talented manager who has done it on a budget most of his contemporaries would choke at!! ALL other clubs have done more to their facilities than EFC, so we don’t have the excuse of expending more in that direction. Most are sitting in completely redeveloped or new stadia, we haven’t even started. Now we are on the eve of a new season with no replacements for lost personnel from an already tiny squad, when at the end of last season we were literally only a few players away from bridging that gap. Check out all the threads on here. How many think this board are performing well?
18 Posted 16/08/2008 at 02:42:53
I believe that the EPL, much like our civilization itself, has become some so bloated with its own pomposity and the insatiable lust for the fast buck, that it’s only a matter of time before the whole thing goes tits up.
19 Posted 16/08/2008 at 10:00:32
Tourists? I don’t see the demand - yet. Focus on selling at the club shop and online and leave expensive city centre retail alone for now(tried and failed). Our most cost effective routes to expand interest in Everton are the Prem & UEFA selling abroad. Play a few seasons in europe and then there might be a demand.
The JJB contract has done its job as a stopgap, turning a long standing loss making operation into immediate profit. If JJB haven’t made a profit that is their problem - they still have to pay us a million a year for another 12 months. If we do well again this season then perhaps we will move that back in house.
Matchday retail was also outsourced and is raising around £100 000 more now than it was. Commercial activity is up £400 000 too - and this is for the season before last so no cup runs are contributing to that.
Season ticket sales are up on last year (http://www.ticketwaitinglist.com/)!
Global demand for football and the Premiership in particular remains in constant expansion in The East, India, USA - billions of people - the Sky money has a way to go yet with hopefully more TV companies to compete with them, generating more money.
The bubble is a long way from bursting yet