Everton report reduced debt but record losses

However the 30m from Usmanov will keep us in the FFP regulations and enable more "investment".

Lets hope its better done this time.

Our net spend has not been enormous and we've cut the wage bill surely?

Not the all-in, total price USM will have to stump up.

In football terms, these days, this is nothing to fret about. We may have a clueless owner when it comes to appointing managers, but he's a number cruncher so I'll give him the benefit of the doubt.

Now jump into your time machine and travel back to 2007:

In banking terms, these days, this is nothing to fret about. We may have a clueless CEO when it comes to [insert financial product], but he's a number cruncher so I'll give him the benefit of the doubt.

Cue crash.

Let's hope my cynicism is silly and ill-founded.

Aleast Paul the Esk will be able to factor in the Moshiri paying of debt and Usnanovs input into the Stadium. Normally Paul the Esk is blind sided, by such information not being available.

No chance of them answering Paul the Esks questions, that we would all like answers too.

It's increasing looking that the larger Story that those astute enough , have put forward, that what we are looking at is a Major Development investment and policy of increasing Evertons asset value, is correct.

The money being pumped in is staggering , with a Board composed of four, with some Directors of questionable ability.

The statement that 'Thanks to the support of are majority shareholder, Moshiri, we have been able to invest in our first team squad' beggars belief as far as accountability and performance is concerned.

Fans concerns are of secondary importances.

However that is based on the assumption that planning is straightforward and does not encounter some difficult "rednose" officials.

Owners have deep pockets but our wage bill being 85% of revenue is scary. That's got to be one of the highest percentages in the league. That's simply not sustainable. Either we need to trim it down asap or start getting into Europe and finishing higher up the league.

We have so many players on massive contracts who don't even play for us costing us tens of millions a year. Only time will improve things but I wonder if we've got the capacity to sign players on high wages in the short term.

Don't think Moshris going to see most of his 𧹺m again anytime soon.

He has been a critic of the club since Kenwright took over but does seem to harbour some bitterness about the way the club is run.

Getting players out on loan helps but only a little as often the loanee club still pays a large chunk of the wages. We'll still be paying some of Tosuns wages no doubt. Hopefully he bags a few for palace so we can sell him.

Given the size of the current wage bill I'm not sure how Ancelloti will be able to sign quality players In the near term (who'll no doubt demand £100k+ /week wages), maybe in the summer when a few more are gone but will be difficult in this window. I can see the club maybe loaning in a player or two but telling Ancelloti he's got to use what he currently has and wait till the summer for new players. He's also not been able to see Gomez or Gbamin so both will be like ‘new signings' for him.

You weren't the one cringing. You should have seen DB-B's face when she was again referred to (at least 2 or 3 times) as Little Miss Dynamite.

Heightism, sexism and patronisism all in three words!

Incoming players will eat up some of that, of course. As long as they are contributing, they're worth it. We're getting just above nothing from the above paycheck-eaters. For me, only Walcott contributes at all, and he's simply not that good a footballer.

An indicator of how poorly we've been run since Moyes left:

Roberto - Besic, Tarashaj

Koeman - Schneiderlin, Bolasie, Sandro

Allardyce - Walcott

With the exhorbitant costs over the last few seasons, does the whole scouting setup not need revisiting? Surely there has got to be a review of the whole scouting network and structure.

Can anyone tell me if this expression still has currency on Merseyside?

As a run of the mill Evertonian who are these two knowledgable guys affiliated to? Everton Staff, ToffeeWeb, News media or some other organization. I need to know so when I give non-ToffeeWebbers information about Everton they don't give the usual cynical response such as, "Who on earth told you that?" HELP!