The Mail Bag
Saleable Assets?
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In my opinion, last Summer thought us all that we have to sell a big player if we are to buy. Now I have drawn up a list of our most "saleable assets". Before I receive a rant I want to say that I love all these players and I don't want to sell anyone. Until we get a new ground or investment I think we have to sell.
- Yobo ? £8-10 Million
- Jagielka ? £8-10 Million
- Baines ? £5-6 Million
- Cahill ? £10 Million
- Arteta ? £15-20 Million
- Peinaar ? £7 Million
- Osman ? £5-6 Million
- Yakubu ? £15-20 Million
Peter Smith, Posted 06/01/2009 at 10:11:29
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Yobo - £5m
Jags - £5m
Baines -£3m
Cahill - £7m
Arteta - £10-12m
Pienaar - £5m
Osman - £3m
Yakubu - £10m
Just my opinion, I'm sure some will agree and some will disagree, but hey that's football huh!
Osman, £5-£6 million?
Yakubu, £15-£20 million.
Come off it, what are you on?
However, Wayne Bridge? Scott Parker? Jermaine DeFoe? Wildy inflated, but someone is willing to pay them.
I?m happy with loan signings for January... Moyes always seems to pull one out of the bag with the three successful loan signings of Arteta, Fernandes and Pienaar.
Unfortunately we don't have a squad big enough to be able to lose any players without it being detrimental to our season, so the post is irrelevant.
If anybody was to go, I?d have to say Lescott ? while he?s got a bit of value...
I forsee Moyes doing his usual and making a couple of utterly pointless ?Lazarus? signings...
The only one I would consider letting go would be AvdM and he will hang on to the very last day of his contract as he is on top money, so no point.
Off topic. Can’t Big Vic see he has until May to show he can do the biz, how much more incentive does he need.
Selling players, thats just not going to happen unless one of them does a "Rooney".
The best option is to sit tight in this climate and hold on to what we?ve got.
Which players do you have in mind that can replace any of them? For £5-6 mil Osman can go, thank you very much!
I?m hoping that our sensible approach to fees & wages will pay off with wannabees like West Ham & Portsmouth already looking fooked!
Here?s hoping we do Liverpool in at least one of the double headers!
What I think we are really desperate for is a couple of good strikers. I don?t think the Yak will ever be quite so prolific again after this injury, Vaughany is regrettably one who will, at best, be able to play only the minimum of games. Saha, we took a gamble on the lad and lost. Victor, a lovely guy but will never be a Premier League striker.
Unless we get a good loan signing, we are going to struggle without a recognised striker for half a season! This appears to me to be infinitely more worrying than trying to sell one or more of our very good midfield and defensive players
That article should ring alarm bells for all of you who are demanding that BK give Moyes money to buy this or that player. There ain?t no money, Virginia; nor is there any more credit to be had (even if we had the money to service the interest). If I were a director of Everton I?d be shitting myself. If that article rings true, their personal assets on the line at the moment.
Things aren?t going to get better financially in the UK for a while and that means reduced fan revenue - particularly for us given you?re talking about a provincial team in a relatively unsalubrious part of England who?s already second fiddle to its nearest neighbours.
As I see it, given the recent news about our accounts and now this ?technical? insolvency assessment, we, one, have to sell anyone we can for whatever we can get (within reason), and two, we have to lower our expectations to that of Premier League survival. Forget today?s Premier League table ? it?s meaningless in the face of this; WBA or Blackburn fans, for instance, have far more cause for optimism than we do.
If it were my business, my strategy for the rest of this season would be sell whoever I could for anything like a sensible price; try to limp the side (or, hopefully, do better) with the remainder of the ?regulars?, one or two loans (for as low salary as possible ? and for Alan Smith type crocs, no play, no pay) and the likes of the Baxter, Jutkiewicz, Rodwell, Kissock, Gosling et. al. to 34 points (or whatever it is that ensures survival); and then have a heads up at the end of the season in the ?hope? that the player market bubble has well and truly burst and that you can buy in to replenish as best you can within your means for next season.
Doesn?t mean that, actually, for two reasons.
One, the report isn?t about paying debts "as and when they become due" ? we are fine in that regard ? it?s about being able to repay all of their debts in the hypothetical situation that they were all due tomorrow ? which the bank has zero legal right to demand.
Two, you can see that the report is based purely on the accounts (which is why Portsmouth have been left out). This is a bad measure for ability to repay debts by way of an asset sale ? most of our assets are off balance sheet (i.e. players). Clubs whose big name players were bought recently for big fees would receive a higher rating that clubs whose best players were bought several years ago (Yobo) or for small amounts (Arteta, Cahill) or through the youth system (Osman, Hibbert, Vaughan, Anichebe).
"it not for the fact that our principal creditors ? read primarily the institutions that are lending to us ? are holding off"
They are holding off because they have no right to ask for the money now, unless we default on the payment.
"If that article rings true, [the directors] personal assets on the line at the moment."
Not true, creditors have no access to either a directors or shareholders personal assets. There was a rumour that somebody guarenteed a loan at some point ? if that?s true then that person would be liable for that debt (but no other).
"As I see it, given the recent news about our accounts and now this ?technical? insolvency assessment, we, one, have to sell anyone we can for whatever we can get (within reason), "
Will people please stop this? There is NOTHING in the acocunts that says we need to sell. We are making our repayments comfortably. Granted, there?s not enough excess cash to buy a £20m player every year, buts that?s TOTALLY different from being forced to sell everybody.
"Forget today?s Premier League table ? it?s meaningless in the face of this; WBA or Blackburn fans, for instance, have far more cause for optimism than we do."
Are you being serious? Because West Brom scored higher on an entirely arbitrary index scale?
At least we are above Aston Villa though - they must be up shit creek with an index score of just 2! I bet their fans are terrified.


1 Posted 06/01/2009 at 14:41:50
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