Louis Posted April 19, 2013 Report Share Posted April 19, 2013 http://www.guardian.co.uk/football/2013/apr/18/premier-league-finances-club-by-club?CMP=twt_gu Accounts for the year to 31 May 2012 Ownership: Shares in the Everton Football Club Company Limited are owned by: Bill Kenwright 25%, Jon Woods 19%, Robert Earl (resident of Florida) 23% Turnover: 8th in league, £81m (down from £82m in 2011) Gate and programme sales: £17m TV and broadcasting: £53m Other commercial activities: £11m Wage bill: 10th, £63m (up from £58m) Wages as proportion of turnover: 78% Loss before tax: £9m (increased from £5m) Net debt: £46m Interest payable: £4m Highest-paid director: No director was paid; chief executive Robert Elstone is not a director State they're in: The money situation reflects the impression David Moyes and his team give on the field, that Everton are pushing to the limit of their current potential. A spirited seventh place was won with only the 10th highest wage bill but with no funding from owners, no buyer or stadium expansion, Everton are stretched inexorably into losses. Lending arrangements from Barclays Bank expire on 31 July, so chairman Bill Kenwright is seeking renewal at the same level, while also borrowing against future TV revenues. A football club still in their grand old ground, determined to compete in a league of sheikhs, oligarchs and US-owned corporations. Quote Link to comment Share on other sites More sharing options...
MikeO Posted April 19, 2013 Report Share Posted April 19, 2013 I know it's not really where we want to be, and the "overachieving" platitudes annoy the shit out of me, but... "A football club still in their grand old ground, determined to compete in a league of sheikhs, oligarchs and US-owned corporations." ...does make me feel kind of proud. Fearthainn 1 Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted April 19, 2013 Report Share Posted April 19, 2013 Moyes out ! Quote Link to comment Share on other sites More sharing options...
Quinn31 Posted April 19, 2013 Report Share Posted April 19, 2013 I know it's not really where we want to be, and the "overachieving" platitudes annoy the shit out of me, but... "A football club still in their grand old ground, determined to compete in a league of sheikhs, oligarchs and US-owned corporations." ...does make me feel kind of proud. If you look at our financial status, wage bill, and transfer kitty, we do overachieve. Quote Link to comment Share on other sites More sharing options...
Hafnia Posted April 19, 2013 Report Share Posted April 19, 2013 Moyes out ! What colour kit does Moyes F .C wear Av? Matt 1 Quote Link to comment Share on other sites More sharing options...
Louis Posted April 19, 2013 Author Report Share Posted April 19, 2013 This page is pretty good for making comparisons to others club: http://www.guardian.co.uk/news/datablog/2013/apr/18/premier-league-club-accounts-debt Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted April 19, 2013 Report Share Posted April 19, 2013 What colour kit does Moyes F .C wear Av? I thought I'd confuse a few of you. Quote Link to comment Share on other sites More sharing options...
MikeO Posted April 19, 2013 Report Share Posted April 19, 2013 If you look at our financial status, wage bill, and transfer kitty, we do overachieve. No doubting that's a fact, it's just that people have been saying the same thing for years and it feels patronising. Newcastle overachieved last year and are now back where they belong, how many years do we have to finish in the top seven/eight for it not to be a surprise? Matt, Fearthainn and Quinn31 3 Quote Link to comment Share on other sites More sharing options...
Iamryanstover Posted April 19, 2013 Report Share Posted April 19, 2013 This page is pretty good for making comparisons to others club: http://www.guardian.co.uk/news/datablog/2013/apr/18/premier-league-club-accounts-debt Its crazy how much we spend on wages compared to our turnover (78%), but I don't understand how Norwich have a larger commercial revenue than us. Quote Link to comment Share on other sites More sharing options...
Iamryanstover Posted April 19, 2013 Report Share Posted April 19, 2013 No doubting that's a fact, it's just that people have been saying the same thing for years and it feels patronising. Newcastle overachieved last year and are now back where they belong, how many years do we have to finish in the top seven/eight for it not to be a surprise? Maybe if we continue to do it after Moyes leaves? I have often wondered if some people in the media think Moyes and his ability to get and keep great players is the only thing that separates us from the 2nd class clubs. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.