West Brom worth more than Everton!

Yes they increased the commercial money from Standard Chartered and Warrior, but this doesn't dent the huge number of partners that Man Utd have. If you want to be better than United then you need to match their performance on or off the pitch.

Being top dogs of the city will count for nothing if both clubs continue to chase for 6th.

I thought they were ok for the 60k.........if not, my mistake sir.

I doubt a revamp will be able to let them match United and Arsenals match day revenue figures but they will have a significant uplift in revenue that the will be able to maximise. I haven't seen any forecasts.

That waiting list means is, as the Glazers have done at United, they can basically torch the waiting list by charging as much as they like to the maximum point of demand. Spirit of Shankly are already kicking off at ticket price hikes. Wait and see what happens if they ever get the redevelopment done!!!

Both Merseyside clubs have mismanaged the ground issue and are playing catch up way to late.

We have driven ourselves into a cul de sac. I mean, our record is shocking. Its embarrassing.

Much like the budget the budget the other day, I think people are only just beginning to realise the gravity of the situation.

As things stand..................we are completely fucked.

The shite's new owners have realised there is no short-term payback on a new stadium, so they are going to add a few thousand seats, with extra corporate, and this will raise enough revenue to justify a large profit when they sell.

Meanwhile, Bill is auditioning new singers for one of his shows.

Apparently, this model considers income, profits (?), stadium capacity and usage, debt and other factors to produce a like-for-like price that a neutral person might pay for any particular club.`
Not surprisingly, Man Utd tops the list, valued at £1.06 billion; Chelsea less than half of that figure and Liverpool a mere £352M to make sixth place!

Perhaps the most surprising evaluation is that of WBA, said to be worth £127M... oh,and in case you want to shop in the basement, you could snap up Wigan for a mere £42.8 million!

The price quoted is for their 68% shareholding, so the actual valuation they are putting on the club is closer to £180m – a figure that has been touted on this site for months.

I don`t think they are very anxious to find a buyer if that is the case, do you?

We`re fooked!

The valuation seems very high – it suggests that, despite posting operating losses and having a reduced fixed asset base, the club has a value above its total liabilities. I would be interested to see how the model treats / values player contracts.

If we had our 55k Kings Dock or Kirby, our stadium would look exactly like when we visted Bolton in January. The truth hurts!!!!

The value of any club is what someone is prepared to pay. These figures, plucked from the ether, tell us absolutely nothing.

Those with more money than sense can always trump the market, but most wealthy people have it because they are not stupid enough to waste it.

Adapted to our situation, I suppose it should the price anyone will pay for Good(ison) — and all that goes with it!

What the article does `hold up` is our belief that Kenwright & Co are holding out for a totally unrealistic price. But, hey, given some of the clowns who have bought clubs lately, perhaps we should be grateful that we've got his brand of idiot in charge!
As even Doddy said earlier, we're well and truly fooked!

You are so right.

There are times me and my mates consider the profit loss account of Morrisons and compare it to recent profit.loss and asset worth of both Asda and Tesco and then translate this to the price of pasta.

What I get out of this excercise is about the same as I get from pointless articles like that in the Mail, ie, a realisation that I don't have the real facts at my fingertips. I don't have a fucking maggots about how to run a business of that size and that my mates are annoying me by pretending they know any more than I do.

But when we talk about football – then we are happy.

I'm not 'chuntering' anything.

What facts and figures has this study looked into that haven't already been dissected? It's a complete non-article that just happens to suit your agenda. Another 'expert' could quite easily use his own formula and form a completely different value league table.

Have they looked into squad value on that study by the way? How is that evaluated exactly? How much do they value Torres at these days? £50million? £5million?

The point being, value is subjective - just like this article.

And Viz is not a bad read in patches. Top Tips always delivers a laugh or two.

Get a grip, lads, and use some common sense.

There is not some mysterious force out there which guides punters to attend games, spend money at the stadium and contribute to a club's match day income.

Instead, it is the commercial efforts of the club. A big stadium is not only about additional seats but additional (and better) facilities. It is about building proper corporate hospitality areas and marketing these as a place where punters can spend wonga and generally have an enjoyable time.

To expand our appeal, grow our base and ultimately grow our revenues we need a path to make better use of matchdays. A larger, better stadium is one way.

I don't know enough about Bolton to comment but I would wager they would have faced serious financial problems (à la Portsmouth) already without the additional revenue generating capacity brought by Reebok vs the old Burnden Park.

There are a number of factors to attracting fans. Price is obviously important, but so are facilities, ambience and experience.

And thank you for using centuries old words to describe someone's opinion. It's all too easy to regress to profanity when one sees such fiddle-faddle!

I'm still looking for a gate that low in a Man Utd v Everton fixture, I would have thought it was in the early 70s when both were struggling in the league.

Everton £59 million wage bill
West Brom £39 million wage bill

And only a few points below us. I can't see too many £15 million players in their side, nor too many £5 or 6 million players come to think of it.

They have not won anything and are not higher than us in the table. Also the gap between our wages and theirs is £20m if your figures are correct (I've seen different ones) whereas I should think the gap between our wage bill and that of Chelsea or Man City is over £100m. Fact is that Everton are one of the teams outperforming other teams in the league with higher wage bills, some marginally and some considerably.

Regarding the attendance I think I got it mixed up with an away game at Newcastle, though I can't seem to find the match. Looking at the archives though, I'd forgotten how low our attendances were in the late 80s / early 90s. 16,300 at home a few days before a semi-final in 1989. I know we often used to think there was a tax dodge or something going on with our attendances, but man we were poor!

Those attendance figures also show our need for a 50,000 plus stadium is not pressing.

The point I was making was the way David is hero worshipped for "punching above his weight... for overachieving" — Steve Clarke is a few points behind on a lot less of a wage bill.

David is not the miracle worker people would have you believe IMO.

I guess if the new Sky money is factored in, you could perhaps see where the value is coming from. However, given that we currently (continually) make a loss year on year, most of our commercial contracts are screwed/tied up for a few years, the stadium issue will need a lot of cash to sort out, we have a load of debt already, we only have 2 players who have a relatively high value (£10m+) and a large chunk of the new Sky money will likely go on increased player wages... just who in their right mind would pay anywhere near £112m for the club in its current state?

Interesting piece... but (imho) total bollocks.

I think even when we played them in the Screen Sport Cup there was 33k there compared to the paltry figure at the phoney derby in the same comp, the game Rush claimed a few which broke Dixie's record. I still argue this point to those bitter fuckers.

"though he`s not the only one"
Thank you.

Why not reduce the ticket prices along similar lines like the Germans? A friend of mine attended a match in the Bundesliga recently: 65,000 people with ticket prices ranging from €15 to €30. Revenue is increased by having good facilities for food instead of the rubbish we are fed at Goodison.

You also have to take into account that we have easily the largest number of obstructed views (and not just the 4k "official" ones either). There are something like 12k altogether with some form of obstruction of view. With approx 8k of these at full price. Therefore, in an era when every game can be streamed live or watched in the alehouse for nothing, is it really any surprise that some don't now bother.

On top of that, the multiple failed promises, and the complete lack of ambition of this board to back their manager.... not to mention the lies over KD and DK and any number of other things..... and people have begun to vote with their feet.

However, a successful EFC, properly backed, with modern facilities, could match all of the Johnny-come-latelies in our league, and easily fill a bigger stadium. Without the will and ambition, it can never happen though.

That said, there is probably some merit in applying a common valuation model across the PL teams, if only to stimulate debate and dialogue such as this.

One of the key variables is the value of players. A few good games can see talk of millions added to the value of players like Fellaini, only for it to fall again following injury or a loss of form.

Like any model, the devil is in the detail and the unavoidable assumptions tend to undermine real-world applicability. That said, it doesn't surprise me one bit that our valuation is so relatively low.

Any potential buyer would take no time to uncover the lack of non-playing assets, the ground issue (capacity, coprorate facilities, obstructed views, site, situation etc), the overdraft, ticket sales securitisation, Finch Farm rent, negligible and fixed merchandise income, high salary:turnover ratio etc.

Against that background, who would pay £100m+ to own so many issues? We'd need a billionaire, make no mistake.

If I'm not mistaken, and please correct me (gently) if I am, BK and his chums currently own/control 68% of the 35,000 EFC shares with a notional value of ~£32m at £1,350 per share. Should they sell for a profit, has BK ever declared what will happen with the proceeds, or will it just be returned with interest to whoever loaned him the funds to buy out agent Johnson?

Does BK stand to make a tidy profit should the sale price of north of £100m ever be realised, never having invested any of his own capital? That to me is the core question.

If BK's intentions are honourable, as he would have us believe, surely the right thing to do is to sell the 68% for £32m, which is a profit on the £20m that was thought to be the cost to buy out agent Johnson, in order to find an owner willing to invest in the club once more?

Or am I dreaming...

If you mean keep us around 6th/7th for 11 years that would be because at another club he would not get 11 years.

As for trophy polishers, there's probably only a handful employed in the whole country.

After all, apart from the season we finished 4th, he didn't exactly set the world on fire in his first 5 years as manager. Lowest ever points total, 17th, lowest ever goals scored in a season (less goals than games played!), one solitary league goal scored in the first 8 league games of the 05/06 season, even the year we finished 4th we had a -ve goal difference. Finishing positions for first 5 years were 7th, 17th, 4th, 11th, 6th. (Not to mention the first half of the 11/12 season).

Not saying he has not done a great job, just saying it hasnt all been roses each of the 11 years he's been here.....as you've alluded to, there've been some pretty awful times as well.

There is a few trophy polishers on this site.