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Money Madness

By Andrew McGreavy :  04/09/2008 :  Comments (15) :
Oh dear!! I read this morning that we need a billionaire to run Everton Football Club... Rubbish!!!!

Everton where most successful in the 80s without a billionaire or all the Sky TV money, rip off merchandise or Internet subscriptions etc etc. What Everton and all clubs need is a man with balls of steel who says NO NO NO to ridiculous player wage demands, or we need to rid clubs of owners who will pay obscene amounts of money to players.

Everton Football Club is awash with money in comparison to years gone by, £42 million in Sky TV money alone, what is wrong with the club is paying useless over rated players £1 million + each year.

Football is losing its appeal, we are in a credit crunch, money is tight, the average man in the street is worried about paying bills etc and football clubs are giving players £140k per week plus... this is madness, football will self destruct if it's not careful.

The average man in the street is being pushed out, look at attendances this season so far, they are going DOWN, tickets for Man Utd games are lying unsold, and Newcastle attendances have plunged, Boro, Everton etc etc.

The clubs are now fighting amongst themselves to pay more and more money to players, and get themselves deeper and deeper into debt. The Man City takeover will have serious repercussions for football; clubs will feel they have to compete and push themselves into more and more debt, feeding the greed and stupidity of players and chairman alike.

Liverpool are falling over themselves to get into deeper financial trouble by building their new ground, £360 million in debt and rising... maybe the banks can see the rocky road ahead and hence the withdrawal of the credit line. Who knows... but it has to stop!

Do Everton need a new ground? Maybe, maybe not. Why not add a second tier on the Park End with boxes in the middle? Push the capacity to 45000, and then over time rebuild the other parts, when the money is available?

I fear for not only my club but a lot of clubs at the moment; rank stupidity is destroying the beautiful game. We CANNOT compete with the top four at the moment (basic common sense rather than hysterical passion), they will always outspend us, but then none of the other clubs can compete. Football is getting boring. Instead of winning the league, we now look for a win over the top four as a memorable moment, rather than just another three points.

I fear the game as we know it may not exist in the next few years due to what is going on at the moment: never has there been so much money in football, and never have so many clubs owed so much money to banks.

Listening to the radio yesterday and a cricket pundit commented that the deal with Sky meant that the grounds could be empty, but the teams would survive ? what a rotten attitude we have ? no crowds... but we don?t care, shocking!

I don?t like Kenwright, but at least he is honest about the current situation, Moyes? I am not so sure on at the moment, he clearly wants his head as deep in the trough as possible. He has done an OK job at Everton, but the plain simple fact is we are still not challenging for anything. We are not relegation fodder, but we are no nearer winning anything and unless common sense breaks out in football, I don?t believe we ever will again. (Common sense rather than hysterical passion.)

Reader Comments

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Phil Martin
1   Posted 04/09/2008 at 14:37:05

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I think Moyes has done a great job. Remember the state of the club when Walter left us?
Moyes has got us into Europe 3 times on a net annual spend of £5M. In these modern times that IS outstanding. Irrelevant of his so called "dithering".
As for Bill, I’m not so sure! He hasn?t moved the club forward off the pitch at all. Or brought in any major investment. In fact all he has done is ride the wave of relative ’success’ that Moyes created.

In the perfect world. If i could choose our next owner. I would hope for someone who follows the game and understands fans. Someone who is willing to stump up money for a new stadium and good players. But i would like the emphasis on Moyes to choose the signings and build a team. As opposed to turning the club into a circu,s with us just offering £140K a week to as many high profile players he can find and seeing who accepts.
Instead building a team/squad and gradually increasing the size of the club. So that?s why IMO we don?t need a billionaire. We certainly need someone richer and smarter than Bill though.
Carl Rutherford
2   Posted 04/09/2008 at 15:49:41

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I’m not quite sure what you are trying to say here. Don’t spend any money on players wages and build another tier to the Park End.

Presumably it won’t matter that we won’t have a team to put in the newly developed stadium?

Whether we like it or not the only people that are to blame for players wages is us the fans. We pay for match day tickets and sky subscriptions and players are simply taking their cut of this figure. If this wage is too high it is because there is too much money in the pot. If the players didn’t take their wage out it would only go to chairmen, premier league executives and sky shareholders. You can’t blame the players for wanting the market rate otherwise they would be exploited by the money men.

Footballers are providing a service that we are prepared to pay for. How much they are paid is down to how much we are prepared to pay for it.
Dave Dawson
3   Posted 04/09/2008 at 15:42:21

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Love me mate, I think the first part of your mail is well wide of the mark. Everton may enjoy much higher revenues compared to years gone by but:

a) In relation to our rivals we are poorer now than we ever have been! We are poorer than not just the sky 4 but most of the prem! Everyone in the prem gets a similar level of Sky income!
b) You cannot compare £42m nowadays with £42m in the 80s due to inflation!
c) paying lower wages would attract a lesser player and in return we would finish lower in the league. The other sides are not going to stop paying high wages
and...
d) when comapred to the 80s our costs have arguably increased more than revenue

Ok, needing a billionaire might be an exageration but I think that the board are right in suggesting that under the current financial constraints it is near impossible for Everton to achieve what we all want them to i.e. Premiership titles, Champions League titles, even qualifying for the UEFA cup in future years! Current finances really do mean that realistically we should be happy to stay in the prem!!

On that note, how the hang you can say Moyes has only done an OK! job is beyond me. You’re blinkered mate. Moyes has performed brilliantly given the resources made available to him! At the start of the last four seasons, given our personel compared to other prem teams, no indepandant football fan/pundit expected Everton to finish as well as 4th, 11th, 6th and 5th!!

Ignorant Moyes bashers like you really do annoy me!
Denis Shepherd
4   Posted 04/09/2008 at 16:03:40

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These comments are not totally true try getting a ticket for a premier match at Old Trafford or Chelsea.
TV provides the income in most sports and crowds are incidental in all but the top games/teams. However these billionaires are not buying clubs because they love football they expect a good return on their investment from TV income.
William Wordsworth
5   Posted 04/09/2008 at 15:57:24

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For want of a Plan B
Under Kenwright we continue
Clutching at straws, barely
Keeping the wolf from the door

Our season limited
For lack of foresight
For lack of investment

Be afraid Evertonians
I warn you
Luvvie Bill
Lies at the root of the problem.

Keep believing
Everything he says
Nothing adds up to suggest
We are going in the right direction
Remember your history
If you ever knew it
Goodison is our home
Have you forgotton
The clubs motto?
Phil Chappell
6   Posted 04/09/2008 at 18:27:15

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Good post made me think!...but have to disagree about DM & BK.Probably been where Leeds are know if Johnson had stayed..OBG
Nick Entwistle
7   Posted 04/09/2008 at 19:16:03

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Moyes is in a very difficult situation. He can’t speak out against his chairman and neither can live with himself and smile like everything is fine and dandy.
I think his body language etc is down to not being able to vent the frustrations of truth.
I don’t beleive he knows exactly how well these new signings will turn out (other than Fallaini). If they can’t play to standards he may walk in January because I’m sure he knows what awaits him then one Kirky has been sorted, if they come on well, then he’ll be happy.
He still gets all my support and no other manager in the world could have bettered his results.
Anyone else think a Mourinho or Erikson would have broke the top 4?
Chris Stone
8   Posted 04/09/2008 at 22:35:47

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Mourinho probably would’ve, he took a Porto team with no big-name players right to the peak of European football remember (UEFA and CL back to back). Eriksson no. He had some glory in his home country and at Lazio where they were significantly bankrolled for a period. Never thought he was world-class as a manager personally. But Capello is supposed to be and he appears to be struggling with the national team also, but there you are!
Mark Scarratt
9   Posted 04/09/2008 at 23:17:24

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Andrew
Great post, and you are right.
The bubble will burst.
The ridiculous debt that clubs are in is unsustainable.
Everybody is now crying out to be taken over by a rich Arab investor.
Football is losing its soul.
I am opposed to a stadium move, not because it might be in Kirkby, I would watch us wherever we played, I oppose it because I think it would ruin us.
Fact is we don?t have a waiting list for season tickets.
Fact is we don?t lock people out before kick off
Fact is we only got 34,000 v Portsmouth.
Fact is we are trying to get extra revenue by advertising season tickets to under 16?s for £190.
Fact is, if we move to a new ground season ticket prices will go up.
How can you fill a 50,000 stadium with an average gate of 37,000.

Arsenal?s move worked because they had the demand for tickets already in place.

We don?t.
Do you want see us play in a 3/4 full stadium.
Get it right on the pitch first, and push on and try and become regulars in the Champions League. this will generate extra income and create a snowball effect. Then is the time to move to a new stadium, not now
Jason Lam
10   Posted 05/09/2008 at 04:11:43

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It’s an entirely new playing field if you’ve not noticed already. To run the club as it was 20 years ago you’ll be out of business, and the Premier League very soon. Maybe you want us in Division 1, which is 2 tiers off the top.
Bob Parrington
11   Posted 05/09/2008 at 08:48:34

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Agree with Jason. There’s no point living in the past. If you haven’t noticed, the price of a pint has gone up a little since the 80’s, great years that they were, no argument.

If we want to be at the top we need to think at the top.

COYB
John Lloyd
12   Posted 05/09/2008 at 10:52:42

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How did Mourinho have no big name players at Porto? Carvalho, Vitor Baia, Paolo Ferreria, Deco, Costinho, Benni Mccarthy, Pedro Medes, Alenichev, Manich & a certain Nuno Valente!

Stop talking drivel, some of these players are world class!

Fucking nonsense from some people is astounding
Matt Thomas
13   Posted 05/09/2008 at 13:06:16

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I for one have come on here calling Moyes a ditherer, but as seems to be a common theme he has only between £5 million - £15 million to spend is it any wonder he takes his time to decide before putting a bid for a player in?
Jay Harris
14   Posted 05/09/2008 at 13:25:51

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First of all lets look at David Moyes.
There is or should not be any argument he is a man of principle and integrity.
Unlike the Fat Spanish Waiter he does not ridicule or put down other club’s mangers,players or supporters.

He has operated with an average annual transfer kitty of just over 4 million which is probably the lowest in the premiership apart from some of the relegation fodder teams.

He inherited a team of old journeymen and has turned them into a youngish consistent top 10 team.

We may not have liked some of the football at times.We may have criticised tactics or decisions but nobody can take his success away endorsed by being voted manager of the year twice.

Now turning to my favourite subject "Kill Bill".

I am in no doubt that the upstairs operation at EFC has been shambolic since BK took over.Some will argue that he is a Blue,a nice guy etc but nobody can be happy with the finacial performance of the club and the culture that exists in the boardroom.4 Chief executives alone attest to that.

However replacing Bill with a more honest,capable chairman is not the total answer.

There has to be a change in the way football is financially structred.

I have posted elsewhere about this so will not debate it here but suffice it to say I think Moyes is essential to EFC I think "Black Bill" needs to go ASAP.
Peter Howard
15   Posted 05/09/2008 at 14:28:54

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Jay:
When you say BK " needs to go " I assume you mean him to sell up ( as he, effectively, owns the Club ). Who does he sell to ?


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