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Rob Young
1 Posted 08/01/2020 at 23:19:19
Bring Kenny back, don't bother with Sidibe. Let Coleman go for free as a thank you for years of outstanding service.
Then put in a cheeky offer for the young Liverpool lad that played last Sunday.
Or, get Norwich City's right back that played at Goodison this season.
Rob Dolby
2 Posted 08/01/2020 at 23:54:00
Not an easy task moving on the unwanted players when put down in black and white.

I can't see anyone buying Sandro or Bolase. We may get peanuts for Schneiderlin, Tosun and Walcott. God knows who would buy Sigurdsson.

Regardless we need to add to the squad before selling. The midfield is non existent.

Liam Reilly
3 Posted 08/01/2020 at 23:57:21
Paul,.
Always interesting analysis but:

"Pickford at £35 million, Keane £30 million, Bernard £20 million and Davies at £25 million would produce a player trading profit of approximately £87 million."

Would be nice but, other than Pickford, I can't see any of those other players coming anywhere near those sums.

Jay Harris
4 Posted 08/01/2020 at 00:07:58
Liam I think they re very fair valuations but the question is who would buy them and can they afford them.
Steve Ferns
5 Posted 09/01/2020 at 00:23:38
Great article Paul. Very informative.
Jim Harrison
6 Posted 09/01/2020 at 04:51:46
Liam 3

I would bet we could get 20 mil for Bernard.

Davies 25 million? Dream land. Keane? Lucky to get 15 million.

John Zapa
7 Posted 09/01/2020 at 06:29:57
I would expect major player sales this January/summer in order to avoid another £100m loss making season. The sellable player assets are few, players who can generate a decent amount and can be replaced by better quality. In that bracket, I would put Davis,Bernard, Keane, DCL and Pickford. They would raise around £80 net profit accounting for losses incurred in selling others like Tosun, Bolasie and Walcott. With the ones leaving on a free transfer or out on loan to save some wages, I could see a situation with up to 8 new players coming in. The club would balance the books, at the cost of a much higher payroll. However you try to skin the cat, it's a really unsustainable situation to be in.
Stephen Campbell
8 Posted 09/01/2020 at 06:33:01
Good article Paul. but one other player who is still on the books and whose contract runs out this summer is Mo Basic.Doubt we will get anything for him probably another one to go an a free.
Stephen Campbell
9 Posted 09/01/2020 at 07:12:22
Another player out on loan whose contract runs out this summer is Mo Besic. Doubt we will get much for him. Possibly £1-2 million?
Kunal Desai
10 Posted 09/01/2020 at 08:22:10
We are stuck with these players until there contracts expire or an agreement can be reached by all parties to an earlier termination. We have over the last half a dozen windows, seen players on huge salaries, are not going anywhere other than on loan where the salary is still subsidised by Everton.
Unfortunately these reported losses will presumably be a lot more next year.
It's going take two to three seasons to wipe the slate clean
Conor McCourt
11 Posted 09/01/2020 at 09:28:58
This mess clearly wasn't created by Marcel but I feel he needs to be more creative in getting some of the squad out. Some will be difficult to move but we need to play it right.
1- January is a time for desperation for many clubs i.e. they need players to avoid relegation, surely Tosun and Niasse could be saviours for these types of teams.
2-Normally why we haven't tried to sell players is because the manager will be left 'short'. I'm thinking about Walcott and the CM particularly. If we can get these players out just do it regardless of reinforcing.
3-when we wanted Zaha for example we had at least four players Palace have shown an interest i.e. Mac,Tosun,Walcott and Lookman. We could overpay for the right acquisition by clearing deadwood. Very few will fork out big sums for our cast offs but they could be desirable in the right team/league so part exchange for players we desire should be the way to go.
Stan Schofield
12 Posted 09/01/2020 at 11:12:34
It's possible that Everton don't have the financial problems that many on here appear to assume they have. We're a midtable club, and very likely to remain so if the current squad were broadly maintained as it is.

That said, with the appointment of a top class manager in Ancelotti with experience in getting the best out of players he has at his disposal, it's possible that we will finish higher up the table than we have done on average since Moshiri came here, if not this season (because of the poor start prior to Ancelotti arriving) then next season and onwards.

Then, any player sales and new signings based on Ancelotti's plans would reflect further efforts to advance the club further.

These are just possibilities, and of course in reality we don't know how the future will unfold, although there are always many assumptions, particularly on this thread. In truth, nobody knows.

Peter Neilson
13 Posted 09/01/2020 at 11:19:04
While Brands isn't responsible for the majority of the players we need to offload he must shoulder the blame for Iwobi. Unless he has deliberately kept his talents hidden up to now and Carlo can get a tune out of him he could soon be recognised as one of the most expensive mistakes we've made.
John Zapa
14 Posted 09/01/2020 at 11:19:31
Stan, the financial reports will be released anytime in the coming days, its already prepared, they were just waiting for the right moment to release the disastrous results. There is no hiding from just how poor the financial results are, which is a true and accurate reflection of the way the club has been run for years.
Rob Dolby
15 Posted 09/01/2020 at 11:35:49
We aren't alone with this dilemma most clubs have the same issues with players on big contracts not performing.

It's all relative Utd have Sanchez, Bournemouth have Solanki, Villa Wesley, Newcastle Carroll and the other big money striker to name just a few.

Even if we did move out the driftwood there are players lining up to become the next deadwood. Iwobi takes Suggurdssons place, Delph takes Sneiderlins, walcot takes Bolases, It happens everywhere.

Results mask over a lot, City have a lot of average players but also have the most talented.

We have to find a way of recruiting and not let ffp impact us. Other clubs seem to be able to do it.

Stan Schofield
16 Posted 09/01/2020 at 11:36:11
John@14: In business, a poor financial report does not necessarily equate to 'disastrous' or similar hyperbole.

ToffeeWeb is a great site, but at the same time is often beset by folks making assumptions (and exaggerations arising from them). The devil is in the detail, and most people don't know the detail or can't assess it even when they do know it.

Conor McCourt
17 Posted 09/01/2020 at 13:38:59
Stan I think that's an ironic post in predicting us to move up the table as Ancelotti "has experience in getting the best out of his players at his disposal", then preaching about exaggerations,assumptions and details on another post.

Since his great achievement of the decima 5.5 years ago he has not got the best out of his players at his disposal.
He couldn't win the title with Real and in his two subsequent posts didn't get close to the points tallies of his predecessor.

Stan Schofield
18 Posted 09/01/2020 at 13:49:22
Conor@17: What you say would be true if I'd made the prediction you say I've made. But in fact, I didn't make any such prediction. I merely presented possibilities for consideration.
Dennis Stevens
19 Posted 09/01/2020 at 14:11:51
Is Besic still our player? I lose track of all the players sent on loan, some of whom never return!
Paul Tran
20 Posted 09/01/2020 at 14:43:24
Nothing disastrous. An interesting article showing how we'll need to box clever regarding transfers to ensure we stay compliant with FFP. All our own doing. All the more need for patience.
Jeff Holt
21 Posted 09/01/2020 at 14:51:22
£20m for Bernard? no chance!
Bill Gall
22 Posted 09/01/2020 at 15:29:14
The problem I see looking at what is going on in the transfer market, it is not only looking at get ridding at some of these so called deadwood players it is signing replacement quality players.
Everton over the last number of years has lost its reputation as an ambitious top 6 club and it is only in the eyes of its supporters who believe that just because we offer the money for top international players they will automatically come.
Quality players want recognition, as in European competitions and cup finals, none of which Everton can provide. So Everton are competing in a poor position if another club in a better position bid for a quality player that Everton are after.

It is going to take a huge turnaround of play to even reach the top 6 this season and as cup finals are out, we need to get into a position to compete in Europe to attract quality professionals or rely on the hiring of our new manager Ancelloti with his reputation to attract the type of player we need to become a top 4 club.

I don't expect to see more than 1 maybe 2 players coming in this silly January transfer month, but would like to see some movement on certain players being moved on. We cant transfer to many of the first team players named by Ancelloti as who it is rumored he would like to sell, as we don't have any one to replace all of them.

Moshiri with his financial backing was welcome and would be more welcome if his former partner joined him, but the way the league has been set up with its FFP rules it is not easy to just spend it on players, we will have to sell, mostly at a loss to buy quality.

Pat Kelly
23 Posted 09/01/2020 at 16:55:42
Never was so much owed to so many by so few.
Gerard McKean
24 Posted 09/01/2020 at 18:30:56
Paul, as always a thoughtful article and one that gives rise to much concern. The scale of the wasteful profligacy of the last few years is coming home to roost and gives the lie to those who shrugged and worried not because it was not their money.

Paul, as you write from the perspective of your own expertise in accountancy/ finance I try to draw upon my knowledge of how the club is run. Dysfunctionally is one word that springs to mind.

While LFC operate as a business with the same stealth as the Everton of the 1960’s, today's EFC is all show. John Moores’s ruthless dedication to being the best in all aspects of the club has been replaced by a vacuous embrace of a showbiz mentality.

How many RS could name their Chief Exec? In contrast we have a Chairman who could preface public meetings with “it’s showtime, folks!” as he introduces our CEO as “Li’l Miss Dynamite!” Even the shy, reserved owner can’t resist a phone-in spout on national radio.

Where is the decorum? Where is the business head to provide a check and balance on some of these crazy transfers that Paul highlights? A lot of these buys were vanity purchases and in a culture of “my way or the highway” there was no sane voice of opposition.

We are in this for the long haul unless some super accountant (isn’t that Moshiri?) can find some clever loopholes in FFP. Paul, a recent post on TW suggested that Usmanov could buy the naming rights for Goodison as a way of injecting massive revenue for (hopefully 3 or 4 years). Would that work?

Ian Smitham
25 Posted 09/01/2020 at 20:57:44
Hi, just wondered if there are any legal requirements around the timing of receipt of a companies accounts and when the AGM can take place?
Don Alexander
26 Posted 09/01/2020 at 22:30:10
From taking over and then taking yonks to dispose of Kenwright's prat Martinez, to go on to hiring Koeman and Walsh without referencing the opinion of either on the other, to then go on to hire Silva without any reference to Brands tells me only one thing; Moshiri is a footballing eejit.

He has always employed Kenwright as his one football guru, in effect. Hell, he even announced Kenwright's "enhanced" role as chairman recently. Moshiri's board also features folk of no discernible football know-how at all, just Kenwright, the greedy self-centred pseudo everyone on the planet knows him to be.

And some of us seemingly still wonder who's to personally blame for our increasing predicament.

Jerome Shields
27 Posted 10/01/2020 at 09:47:49
A very informative article which shows how difficult a job Brands has. But I have a unlying feeling that the problem is bigger than Brands remit.

This causes me not the have confidence in the current overall Management team to turn Everton around as a Club.

If Paul the Esk did a similar evaluation of infividuals who make up the overall Management team, greater effeciencies and results would become apparent and achievable.

The Culture of Everton FC will not change enough, without changes in all areas of the Club.

James Marshall
28 Posted 10/01/2020 at 10:40:15
The bottom line here is that nobody really knows whether a player is going to be a success at any club. As mentioned by some people above, we're not alone in having a bloated squad, but we do have seemingly more deadwood than some. Having said that, I don't pay as close attention to other teams squads as ours, as most of you probably don't either.

We keep changing managers, and each one of them keeps trying to cobble together a team, changing the lineup every week - we haven't had a settled team for several years now and it shows.

We lack a common goal, a sense of purpose, and that goes for supporters as well as players & management. It's time Everton put a flag in the ground and set out to play a certain way, with a certain set of players and stick to a philosophy.

What is the Everton way? I haven't got a damn clue, and I suspect neither does anyone else. Money is meaningless if you don't know what to do with it.

Iain Johnston
29 Posted 10/01/2020 at 12:59:32
Stan 16#, Yes in terms of annual turnover we are mid table club, in terms of matchday revenue, ours is less than Brighton and Southampton.

Look at Spurs, a club in terms of silverware, are not successful and are the least cash rich of the top six clubs in England. Their annual turnover even before their new stadium is twice that of ours.

Our spending reflects a club such as them rather than say Newcastle which more or less mirrors us.

This is where the problem lies. Approaching Moshiri's 3rd anniversary we have grossly overspent on wages and on the volume of journeyman players bought for huge fees.

It worried me in the summer when we pursued Zaha for the ridiculous fee we were willing to pay, for me it showed that the club hadn't learnt from both the Schniederlin, Walcott & Sigurdsson deals.

Hopefully now that we have Ancelotti, a wiser more experienced head will prevail.

I also have a very sad feeling that we'll be stuck with Sigurdsson, Schniederlin, Bolasie & Walcott until their contracts expire as their wages more than whatever transfer fee can be generated will be the stumbling block to moving them on. We'll probably wave goodbye to Richarlison before these players leave as we'll need to sell him to cover the losses.

Being linked to players such as Rodriguez and Rabiot is pie in the sky. Combined these two players earn nearly £485k per week... that would be jumping out of the frying pan and into the fire.

The new stadium is crucial for raising our profile and significantly increasing turnover only then can we realistically sustain £50m transfer fees & £145m wage budgets.


Steavey Buckley
30 Posted 10/01/2020 at 15:44:25
Players valuations are way off the mark. Valuations are largely based on demand and a bidding war.
Paul Hewitt
31 Posted 11/01/2020 at 22:32:12
Financially, we are in shit street.
Andrew Merrick
32 Posted 12/01/2020 at 21:07:35
Pat 23, very true, how times have changed.
Andy Crooks
33 Posted 13/01/2020 at 18:36:27
Keane £ 30 million. I don't think so.

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