Everton back among top 20 richest clubs

Top 20 by virtue of the TV deal. (Over 70% of our revenue)

Commercially a disgrace, just over 10% of our income from commercial income, so Suntan Bob is doing an amazing job there.

For reference....the next placed team to us is Newcastle, they generated twice the figure via commercial activities.

Too big to go down?

By all accounts we are not even the most popular club in Liverpool!!

That PSG and Man City are 5th and 6th respectively shows how the game has changed for the worse since the advent of the Premier League.

Kudos to Dortmund; getting there the right way.

Now you can either accept that and enjoy your life... or go on about Nil Satis and not dropping your own "personal standards" and demanding trophies and rich Arabs etc etc and be miserable.

Whatever floats your boat.

The current moan is not that we are 20th in the Rich List but top of the Bitch List – if you get my drift!

Yes, on average, the richer clubs will win most of the trophies but on any given day any team in the top flight should be able to beat any other. Man Utd failed to make CL last year despite their wealth and how many years were the RS out of the CL before this season (where they're out already anyhow)?

Got to keep some hope or we may as well support our local Conference side and stuff professional football altogether. Right now, simple survival is the aim so let's just focus on that....

Re our income, to be fair most clubs in the Premier League would find relegation to be financially disastrous, we're not the only ones feeding from the Sky trough.

Relegation = less TV money = slash wage bill / get rid of high earners and hope to bounce back before the parachute payments run out!

Even if we avoid the big R this season, guaranteed we won't be getting anywhere near £20M for our league placing bonus! So that's already a big chunk down on last year. Wonder if there's a 'claw back' mechanism in RM's contract for that!

At the end of the day, there's not a top club that isn't dependent on the TV money. If it ever went the game would implode.

Your shite if you can't pay your players more than £80k a week – the minimum requirement for a Champions League shot.

So ... you stand by your position that it’s a good idea to be relegated Brin ...?

You too, Ernie? Not concerned at the impact of possible relegation on our finances, players we could retain/attract, all other associated commercial losses..?

....so it can't be that we're skint

Is The Phenomenal One on borrowed time, I wonder?

Money goes into the pockets those players that you all adore; do you really think EFC turn away sponsorship? Don't be so stupid, we have a commercial department that puts these to tender, as do many other PL clubs of our size and commercial value.

The simple fact is we aren't attractive to big global sponsors. Newcastle have many more lounges and boxes than us, along with a bunch of idiots that wear football tops every day of the week.

EFC corporate lounges have sold out for the whole PL season first time ever and all you can get is an outsourced third party via the Titanic Hotel, so this season we can't add any more as we don't have the in-house capacity.

You all moan about income yet EFC season tickets are one of the lowest in the league. Kids' tickets under 11 £95 each anywhere in the ground – that's excellent value for us fans but, as a commercial transaction, it's pathetic, I would pay treble for that for my sons ticket.

If you want EFC to go down the road of grabbing more income, then please be aware that we the fans will also have to pay more – it's a two-way street. That's why most of the RS fans watch the game in the pub and let the tourists take over.

Why the need to put words in people's, erm keyboards (or touchscreens).

Obviously I don't think it would be good for our finances for us to be relegated. No-one thinks that. If you want to have that argument then feel free to have it with yourself.

Ha-ha... what a joke.

I can't speak for the Asian markets or any other market abroad but I am well aware that, if the unmentionable happened to Everton, I will not get them on TV anymore via satellite.

He'd probably go and sign Dave Wheelan, after all his broken leg must be fixed by now.

We will be ok. We might go down (God forbid) but we will be OK if we do.

However. I also appreciate our commercial activities don't always seem the brightest.

On a positive note the fact that we are 20th on this list also means that there just could be someone brave enough to investigate our club's potential. Hope they don't read Toffee web as that would put anyone off investing!

I'd hazard a good guess and say it's been squirrelled away for the potential ground move. Putting £25m away for 4-5 years would give that project a good start.

Just guessing I may add!

Some going that like

Excellent post

Transfer fees are not paid out in whole lump sum, the payments are spread over the length of the contract, i.e. Lukaku, we paid £5m down and will pay the rest of the £23 over 4/5 years (depending on his contract), so we didn't spend £28m last summer. With £120m turnover and the once infamous £23m that disappeared into other operating costs, I'm just trying to suss out where £20m-£30m of that is maybe going each season.

Yes wages are high, but they're not £120m. If I was the chairman with all that money i'd be thinking of building up a war chest to have a go at a new stadium project for the third and hopefully last time. He missed up Kings Dock because of a paltry £35m, Kirkby was a disaster due to having to get a retail partner to put their mega carpark and store at the end of our stadium, so maybe this time with the fingers having been burnt twice he's learnt the lesson?

I still can't believe in this money rich era of football that we're still in debt, approx £40m, with the sums involved nowadays surely we could pay that off in 2-3 years maximum? That's the sensible option.

As I said i'm just guessing, but ultimately hoping for the best even if it's more than a miracle! Judging on my last post the money certainly won't be to buy Mark Hughes out of his contract! But the dreamers believe Koeman, De Boer, Klupp will be ours if Roberto goes, me, I'm a pragmatist, the blue dreamer died in me a while ago! The big names won't be coming to manage us, the reality is a sore one sadly.

Next best thing, get the stadium issue sorted, start saving for that rainy day (the plans are out there now, WHP) while there is loads of dosh coming from being in the premier league. Is that really too hard to believe or am I being naive?

Remember B.K. has been in control of this club since 2004 so think back to how many promises that have been made have fallen by the wayside.

Everton wage bill 2012/13 10th highest in the premier league £63m .Thats where the money goes and why we can't buy anyone of note this window. Before the season started Martinez said we needed 6 or 7 new additions to the squad to attack the season on all fronts. We end up with only Besic .Apparently now he's saying we're not expecting any serious business to be done in this window. I wonder why ?

Oh the irony ... on the other thread you accuse me of going on "ad nausea" you wrote a 500 word post which concluded:

"I will now say something that might shock one or two - it could well be that that time the club needs is not available in the top flight and a drop to a lower division would be the place to get things right out of the spot light and acrimony. A time to experiment. Perhaps we all expect the impossible on a shoe string.

Fire away."

As invited, I fired away in greater brevity with 6 words:

"Jaw dropping ... truly jaw droppingly STUPID!!!!!!!!"

I’m happy with that contribution and stand by it. Are you happy with your contribution in that thread and do you stand by it?

If anyone wants to outline their other 'successes' please list them below. (T.V. revenues don't count - every team in the League is entitled to those!)

I totally agree regarding Bill holding this club back with his ambitions stretching to budgeting for finishing 10th to break even which was telling Moyes a top half finish was a success every season thus lowering expectations which suited Moyes fine.

Colin 53, agree with your assessment. I still think the greatest opportunity for our club was missed when the Kings Dock passed us by due to Bill. That still hurts when I think to where we could have been now, wasn't it true that the Sheiks wanted to buy us before they bought Man City, they sounded Bill out about it and he turned them away because he felt they didn't have our best interests at heart, the rest is history...

With all this money in the Premier League it's horrible to watch the parade pass us by as we make a mess of an opportunity. Next year will be even harder, I read that the top 3 (and 4th if they qualify) will get £60m for getting into the Champs League group stages alone. If it's hard now to compete financially next year the door shuts even more...

"Loving you is not a choice
And not much reason to rejoice
But it gives me purpose
Gives me voice
To say to the world
This is why I live
You are why I live."

What has this to do with out beloved Blues? Well, he goes on to say that "... the chairman of Everton Football Club, theatrical impresario Bill Kenwright, quotes this lyric to explain why HE CARRIES ON SINKING MONEY INTO THE CLUB."

You have to laugh, don't you?

We have a Chairman who along with his inept board that seem to run the club on a day by day basis with no vision for the future. This is what makes me think that they are only in it for their own interests to see how much profit they can make if and when the club is sold.

I do not want to hear any more sob stories from the Boys Pen as there are lots of supporters like me who were in the Boys Pen around the same era. I want you to do your job and grab this club by the scruff of the neck and start getting some confidence back to the Manager,the players, and the supporters .

There are lots of supporters who have been around a long time and they do not want to hear these stupid comments by Manager and players and can see themselves what is going on. I do not dislike BK as I do not now him, but I certainly do not have any respect for him for slowly bringing this great club backwards with statements that never pan out and for not having any realistic vision from when he took control to advance it to its rightful place.

It is no use going on about your history if you can not improve on its future.

[Sorry about the rant / had to get it off my chest.]
.

ThatÂ’s so we can play sneaky and wait until the last minute to accept decreasing offers for EtoÂ’o whilst still paying his wages but not playing him.

When will people realise Bill knows what heÂ’s doing??

1. Win something big (Europa league?) :

2. Get a bigger ground : The less said that better.

3. Raise profile in other countries (Asia?). I saw two dedicated Leicester gift shops in Bangkok, one in their international airport. Leicester ?? For fucks sake. I get that Leicester is owned by a Thai billionaire, but we have had an affiliation with Chang, for god knows how long and we are yet to monetize on it at all !

4. Produce some more Rooneys and sell them for £30M or more

Ant #19 "BK won't spend any of this profit." It's already spent.

Declan #51 "I still can't believe in this money rich era of football that we're still in debt, approx £40m, with the sums involved nowadays surely we could pay that off in 2-3 years maximum? That's the sensible option" That's nett debt, total debt is over £90m.

And haven't I read in here, that EFC borrows against anticipated TV revenue? That goes away, too, yes?

How would we retain good players? We certainly couldn't maintain the current wage scale. Or even anything close to it.

No, if the next five league games see a points return same as the last five, Roberto's gone. Kenwright et al will retain a fellow causing so dramatic a decrease in funding? Essentially, the financial collapse of Everton Football Club? Nope. He'll be gone. That's assuming they wait five more games.

I think we paid off some debt in the summer. I estimated it is now about £80M. Correct me if I'm wrong somone. But it's the total debt that matters and which you owe and pay interest on. Nett debt only comes in if you sell all your players.

Sorry mate, didn't mean to ignore you - what was your question again?

Oh yes - do I stand by what I said ....errrr let me put it this way.

The debate was about the possibility/fear of relegation and 'experimenting'. I said if that were to happen, relegation, it would give ample time to 'experiment'.

Now, as a long time Evertonian, there is no way I want or wish for 'relegation' – why would I? But, IF it were to happen, I can tell you you would see a far different Everton emerge and most probably under new ownership and investment. It may be the only way to rid the club of this apathetic setup that calls itself a Board.

Do I want the big R? Do I want a hole in the head?

Do I want to hear any more from you? NO.

I've no idea what you are referring to, in terms of "total debt" and "nett debt".

What gets quoted in the Statement of Accounts is assets and liabilities, the difference between the two is your "debt" effectively.

Net current liability is the only real debt that matters and from the 2014 accounts is ~£25m, down from ~£46m. The year-on-year interest on the latter was >£5m a year as far as I recall.

One important thing though is players are not listed as assets, which distorts club "value" from just the balance sheet.

The accounts are available here

http://www.Evertonfc.com/content/club/shareholders-association/statement-of-accounts

No, players are not listed as assets on accounts, they are employees. Sports like football are the only "businesses" that sell their employees that I can think of.

Net current liabilities are shown as £40 mn in the accounts, and I remember our editor MK, at the time the accounts were published, refuting claims that the debt had fallen as it had actually increased!

As this is a two-way street, if the Sky bubble goes pop, do you expect the fans to bail out football clubs out as well?

The alternative is alive and well in Germany.