Everton - The comedy

  • The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...

    Get involved!

Latest Spurs videos from Sky Sports

We are absolutely bang average.

Dull football, a stadium as quiet as a library, and a passionless manager.

All confounded by our arrogant horrible neighbours winning all before them.

I’ve always quite enjoyed Goodison, very similar to the old WHL, and atmosphere was good the few times I’ve been

day trippers are sucking the life out of all stadiums now unfortunately
 
I’ve always quite enjoyed Goodison, very similar to the old WHL, and atmosphere was good the few times I’ve been

day trippers are sucking the life out of all stadiums now unfortunately

How though. How do all these cunts get tickets and I’m a 1 Hotspur + and I can’t...
 
I wouldn't bet on us against any PL team right now. Not one.

Why do you think that is?

There seems to be a collective sense of caution from the manager and team.

Poor decision making, sloppy passing, and the crowd soon get on their back.

A bit like the Lillywhites at the moment heh!
 
rqq2HCT.gif
Fucking savage! That alone should put them a goal down already...
But Newcastle's "horse punchers" aren't getting their cummuppance right now either, so maybe football doesn't work like that!

BTW... for what it's worth... I never knew Mick McCarthy* was an Evertonian!

*Or is it Paul Weller?
 
Everton Profit & Loss forecast to be a massive loss of £108.6m, according to the below website:



Financial Forecast: Massive loss expected to leave Everton feeling blue
9 September 2019 1:27 PM
Photo: Getty Images It could be necessary for Everton owner Farhad Moshiri to invest further in the club. Looking at the recently closed financial year of 2018/19, it’s almost inevitable that Everton will report another financial loss.
As part of our business analysis initiatives at Off The Pitch, we have analysed the major happenings in the recently closed 2018/19 financial year for all Premier League clubs.
Here are Everton's 2018/19 finances predicted.

MADS CHRISTIAN FOGT JENSEN, ANALYST [email protected]

Looking at the recently closed financial year of 2018/19, it’s almost inevitable that Everton will report another financial loss. This year, however, on a much bigger scale than the £13 million reported pre-tax loss of 2017/18.
The annual accounts of 2017/18 were released in March, revealing a rather turbulent year for Everton. The club recorded an all-time-high turnover of £189 million (2017: £171 million), yet had their pre-tax profit of £31 million in 2016/17 replaced by a loss of £13 million in 2017/18.
Everton’s matchday income keeps dropping
30 May 2019 11:03 AM

Hidden beneath this reasonable loss, though, was an operating loss amounting to £98 million, meaning that the pre-tax loss would have been significantly higher, had it not been for the £88 million reported profit on player sales, primarily stemming from the sale of Romelu Lukaku.
Looking at the player sales in 2018/19, it’s unlikely that these profits will save them again, especially taking the continuous spending on new players into account.
Below is Off The Pitch’s forecast for the 2018/19 annual accounts of Everton Football Club.


Turnover
A slight decrease of £14 million in turnover is expected for Everton as a result of the club missing out on European football in 2018/19. By reaching the group stage of Europa League in 2018, Everton received £12.6 million in prize money from UEFA. Furthermore, the club reported a £2.2 million increase in matchday income, largely due to the Europa League campaign, which will be missing in 2018/19 as well.
This will be slightly offset by an additional £0.6 million to be received in broadcasting income compared to 2017/18, due to a general increase of 1.5 per cent in Premier League payments. Everton signed a number of new major sponsorship agreements coming into effect in 2018/19, so the commercial income is expected to increase with £4 million from the 2017/18 level of £43 million. Consequently, their turnover is estimated to decline from £189 million in 2017/18 to £179 million in 2018/19.
HOW WE DID IT
The forecasting method is based on incremental changes from the previous accounting year.

Turnover estimates are based on the officially reported Premier League, FA and UEFA payments, as well as the values of, for example, new sponsorship deals reported by reliable sources.

Wages are estimated based on newly signed contracts, departing players and managerial changes.

Player amortisations are based on straight-line amortisation of transfer fees over the period of the contract.

The profit on player sales is based on the initial transfer fees paid for the departing players, the booked value calculated in accordance with above-mentioned player amortisations and the transfer fees received for selling the player.
Wages
Everton saw their wage bill rising tremendously in 2017/18 - by 39 per cent to £145.5 million - placing them almost on a par with Tottenham’s wages of £147 million. Despite the release of top-earning Wayne Rooney prior to the 2018/19 season, Everton’s player wages are expected to increase a further £5 million to a total of £150.5 million.
This is primarily a result of bringing in Richarlison, Bernard, Lucas Digne and Yerry Mina, as well as having Andre Gomes and Kurt Zouma on season-long loans from FC Barcelona and Chelsea, respectively.
Player amortisations
Everton mention in the post balance sheet events of the 2017/18 annual report that the net amount payable for purchase and sale of players totalled £82.7 million. Selling Davy Klaasen, Funes Mori and Tyias Browning brought in £24 million, according to transfermarkt.com, which in turn means that Everton spent £107 million on acquiring Richarlison, Mina, Digne and Bernard.
As the average contract length of these players is 4.75 years, these acquisitions will generate additional player amortisations of £22.5 million. However, the departures of Klaasen, Mori and Browning release a yearly amortisation of £7 million.
Finally, Everton incurred £8 million in player impairments in 2017/18, which is not expected to recur in 2018/19. Consequently, the total amortisations are expected to increase by £7 million to a total of £82 million.
Profit on player sales
As mentioned above, Everton had player sales amounting to £24 million. However, on 7th June the club announced that their financial year of 2018/19 would be extended by one month, thus running from the start of June 2018 to the end of June 2019.
Everton’s major shareholder increases stake again
6 June 2019 1:27 PM

By doing this, Everton made it possible to include player sales from the recently ended summer transfer window. The mid-June sale of Nikola Vlasic is therefore assumed to be recognised in the 2018/19 accounts, contributing an additional £10 million in player sales.
Despite player sales worth £38.5 million, the profit on player sales is only estimated at £8.6 million due to the loss on Davy Klaasen, who only spent one year in Everton, thus having a carrying value £7 million higher than the £12 million he was sold for. See the table below for further details on the calculations of profits on player sales.


Exceptional costs
Everton paid £14 million to departing management staff in 2017/18, presumably due to the sacking of Ronald Koemann, Sam Allardyce and their respective teams.
Another £11 million was spent on new stadium developments - costs that can't be capitalised until the stadium’s planning permission has been granted, which is expected to happen in the autumn of 2019.
Even though Everton classify these stadium development costs as exceptional costs, it’s hard to believe they haven’t developed any further on the stadium in 2018/19. Thus, the £11 million is assumed to recur in 2018/19 and won’t be considered exceptional as such.
Besides, Everton paid a total of £9 million in loan fees for Andre Gomes and Kurt Zouma. Compared to 2017/18, this results in a net loan fee payable of £8.2 million. A total of £6 million is, consequently, deducted for the exceptional costs in 2018/19.
Recap
As a result of decreasing turnover as well as increasing wages and amortisation costs, the pre-tax loss of 2018/19 is expected to exceed £100 million.
The main reason for the expected loss is the lack of profit from player sales, which saved Everton from posting losses in previous years.
In the 2018/19 season, however, the £8.6 million profit on player sales is not nearly enough to make up for what is estimated to be their negative EBITDA and an even greater operating loss. Player amortisations are expected to rise as well, due to hefty spending in the summer window, which will affect the result of the year negatively as well.
 
Leicester City and the RS, as the next 2 games, we are doomed mate.

Leicester
Liverpool
Chavs
Utd
Leicester (LCup)
Arse
Burnley
N'Castle
City

...On paper, that's brutal! ...Luckily enough for your boys Utd & Arse are struggling too.
 
Back
Top Bottom