Season 2018-19 Opinion Talking Points
How well are we doing?
I came across an interesting newspaper article this week... while some of you will have read it and hopefully Paul the Esk will in due course provide his forensic analysis, I thought I'd share some of the findings with those who have not seen it and which I present without further comment. The article shows a club-by-club breakdown of the Premier League accounts for 2017-18 and I place the Everton figures alongside those of the clubs we say we should be challenging.
Everton made a loss of £13m against a turnover of £189m.
Man City: £10m profit against £500m
Liverpool: £125m profit /£455m
Chelsea: £30m profit / £448m
Spurs: £139m profit / £381m
Arsenal: £70m profit / £403m
Man Utd: £26m profit / £590m.
Everton made £43m from its commercial activities excluding tv income.
Man City: £232m
Liverpool: £154m
Chelsea: £170m
Spurs: £109m
Arsenal: £133m
Man Utd: £276m
Everton received £16m in matchday/gate income.
Man City: £57m
Liverpool: £81m
Chelsea: £74m
Spurs: £71m
Arsenal: £57m
Man Utd: £110m
Everton paid 77% of its total turnover in staff wages. (Only Crystal Palace with 78% was higher). The highest paid non-player received a salary of £927,000.
Man City: 52% / £5.4m to "key management personnel" - so no individual figure.
Liverpool: 58% / £1.3m
Chelsea: 55% / £244,000
Spurs: 39% / £3m
Arsenal: 60% / £2.7m
Man Utd: 50% / £4.1m (unclear if this is one individual or a group).
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Reader Comments (28)
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3 Posted 25/05/2019 at 15:20:32
Thankyou.
4 Posted 25/05/2019 at 15:27:08
What is your sentence?
"On face value, it's a miracle we..."
Does the Edit facility work for you?5 Posted 25/05/2019 at 15:48:05
Not sure of Paul's issue but I have noticed of late that I no longer seem to have that "edit" option after I rattle off a post and realize I made a typo.
6 Posted 25/05/2019 at 15:48:28
7 Posted 25/05/2019 at 15:53:20
I was wondering that too. Similar with Man City. I believe the "Emptihad" holds 55,000 though it often has many empty seats. So it is about 38 percent larger than Goodison Park. So, all things being equal (I realize they are not), they should bring in about 㿂 million to our 㾼 million. They actually bring in 㿥 million, while Liverpool have 㿽 million. Are the additional tens of millions purely from executive suites etc? Or is there a huge disparity in ticket prices?
I know Everton have made a point of keeping ticket prices low but having not been to the UK in a decade I have no idea how much a ticket price is to Anfield, Etihad, etc.
8 Posted 25/05/2019 at 16:17:39
9 Posted 25/05/2019 at 16:35:25
So providing we sell out every home game, even with the on the day ticket sales added to season ticket sales adds up to over £26M per season. Add on the away ticket sales and it's over £27.5M.
These figures are only estimates, and I know there are concessions etc, but surely the difference cannot be over £10M.
10 Posted 25/05/2019 at 17:22:12
Rob, you will of course remember the old days when we'd be packed like sardines in Gwladys St and the tannoy would announce an attendance of not much more than 3 men and a dog. We'd all be screaming that they're dodging the taxman by deliberately underestimating the crowd. Maybe the 㾼m is the modern-day equivalent?
If your own quick calculations are correct, and I can only think that maybe the 㾼m figure is net profit after deduction of staff and material costs, it becomes even more baffling because those figures represent not only gate receipts but also all other match day income. I have been to a few of the stadiums of the other teams mentioned over the last couple of years and they are all light years ahead in terms of the quality of goods and services on offer. Who's going to roll up to Goodison a few hours before kick off (excluding hospitality) to sample the fine beers and wines and food on offer on the concourses? For me, there's no excuse not to have improved the facilities at Goodison far more than the cosmetic sticking-plaster jobs.
But actually, Rob, some of the other figures give even greater cause for concern.
11 Posted 25/05/2019 at 17:23:02
I saw a report too detailing our lowest season ticket price which was 𧹈-odd. Even that figure multiplied by 30,000 virtually covers the 㾼 million figure. Wonder if someone has their hand in the till?
12 Posted 25/05/2019 at 17:34:56
I feel as if we waste a lot of money keeping around these players to make Unsy look good. Man City, for example, tend to play a lot of 18-year-olds so by comparison our "twenty somethings" are bigger and stronger so have an advantage even if they are not technically as good.
We need to cut these jokers unless we have very realistic expectations they might become late bloomers. Clear the decks for the likes of Simms and give him a couple of years in the Under-23s.
13 Posted 25/05/2019 at 20:37:29
In essence I was going to say its a miracle we are hanging in, if these figures are correct, but as Rob and others have confirmed the maths don't stack up, and it's mystifying.
In the 1970s and before and for a while after, we all knew that they'd be 48k, in GP, at least and the gate would be 39-41,445.
That's an example but the gate tax fiddle dodge we knew went on. These figures are very concerning as it makes BMD, critical.
Let's see what comes out the next few weeks.
14 Posted 25/05/2019 at 21:15:32
15 Posted 25/05/2019 at 21:35:30
And my parents are also paying less as over-65s. They're surrounded by the same group that have been going for over 20 years in the same seats. Does the figures include revenue from boxes?
Anyway, yes, bring on BMD. Please, as long as we have a team fit to challenge and we get ourselves back where we belong.
16 Posted 25/05/2019 at 21:40:29
Commercial activities is shite and always has been, room for improvement. The wages-to-turnover ratio is essential and is one reason why we are not Sunderland. It is all linked, though.
We need to bite the bullet and take a big hit on our overpaid loanees. (It seems we got Villa to pay Bolasie his full 㿲k-a-week wack, which was a bonus.)
Bad calls were made, in hindsight. Walsh, Allardyce etc. But we have a huge challenge ahead. Build a stadium and a team. It can be done. It will be done.
17 Posted 25/05/2019 at 22:24:54
We are rightfully cautious, as a lifetime of false dawns has made us, but this time, hopefully, the Gods of fate will be kind to EFC.
BMD @ min 60k, and future proof, will happen?
18 Posted 25/05/2019 at 22:35:24
19 Posted 26/05/2019 at 10:39:02
Dave #14, you're right, but don't forget the hundreds of tickets Everton gives away each match day as part of custom-and-practice contract, many of which are then sold on by the recipients for their own gain. This dodgy practice needs to stop.
20 Posted 26/05/2019 at 11:27:09
21 Posted 26/05/2019 at 11:44:11
I remember David Conn writing a few years before Moshiri joined the club, saying that our wages % to actual turnover was not sustainable. Seems like these figures confirm the same underlying problem has not been turned round. Although I would hope that the wage bill which has to decrease dramatically will happen once they move on the many unwanted players on the books at present.
We have kept our season tickets frozen for a few seasons now, maybe that is now becoming unsustainable. Maybe the over 65s like me need to pay a bit more, but I would hope any increase for the younger supporters is kept to the minimum.
22 Posted 26/05/2019 at 17:09:07
23 Posted 26/05/2019 at 18:04:39
on the subject of matchday income didnt uncle Bill ably assisted by Earl and Green lease out our catering and bar operations a few years ago instead of managing it in house like most other clubs.
That may explain some of the shortfall but as others have said that figure looks suspiciously low.
24 Posted 27/05/2019 at 10:20:34
We're doing as well as we've been doing for some time, as a midtable club finishing in the range 45-60 points, having midtable highs and lows, and tending to lose our best players to teams who are doing better.
Another question is, is there any real sign of us progressing from this? The answer to that one is, probably, no overall, even though we see some signs of improvement in particular areas. In other words, it's difficult to see any overall sign of moving from a midtable club with midtable highs and lows.
25 Posted 27/05/2019 at 11:10:28
Though shifting deadwood is not so easy as we know. I suspect we will be forced into loaning out a fair share once more as who out there is going to match the crazy wages of Mirallas, Bolasie, Sandro et al??? Astonishing how much damage just one or two seasons of mismanagement can do!
26 Posted 27/05/2019 at 11:15:21
Spurs have a brewery in their new stadium. They estimate that beer sales alone generate £150k per match, or based on 19 league games, £2.85m.
We've always lagged behind and become overly dependent on broadcast revenue. If that dips (it's projected to, but not hugely) or God forbid we tumbled out of the top flight (which some advocate as a means of "resetting"), we'd be fucked for a generation.
Perhaps our management team can go and visit Spurs stadium brewery, if they can organise it...
27 Posted 27/05/2019 at 11:37:33
This is the same guy who put in a bid of ٠ billion to buy Liverpool.
28 Posted 27/05/2019 at 11:40:02
Pretty sure the "average" disposable income between a regular adult attendee at the Spurs stadium and one at L4 will be hugely different. There'll likely be a large number of football tourists at the London ground willing to throw their money away on their "soccer" day out.
That's not to say ours couldn't and shouldn't be improved considerably when the Bramley-Moore Dock stadium comes along.
29 Posted 28/05/2019 at 17:50:07
By contrast ,our neighbours' cheapest season ticket for 65+ year olds is 𧺺 which equates to over 㿇 per match. Many will be paying much more than that.
The over-65 pricing is just one example. All the way through the age bands, the RS charge substantially more than our club does.
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1 Posted 25/05/2019 at 15:16:56
Easier said than done; will Bramley-Moore Dock happen, and if so, when?
On face value it's a miracle we...