Jump to content


Photo

New Mortgage?


  • Please log in to reply
21 replies to this topic

#1 Louis

Louis

    Dixie Dean

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 13,610 posts

Posted 26 Oct 2009 - 11:27

I havn't seen this reported anywhere else but it seems Everton have taken on another mortgage.. this time from Investec and organised by Teacher Stern (who incidentally represent Louis Saha).

The wording on the Companies House form is very vague.
  • 0

#2 StevO

StevO

    Blagging on the basis of knowledge

  • Cyber Steward
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 14,019 posts

Posted 26 Oct 2009 - 12:39

more debt, brilliant!
  • 0

#3 Matt

Matt

    United we stand, divided we fall...

  • Cyber Steward
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 29,173 posts

Posted 26 Oct 2009 - 13:29

maybe freeing up money for christmas spending?
  • 0

#4 duncanmckenzieismagic

duncanmckenzieismagic

    Howard Kendall

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPip
  • 9,577 posts

Posted 26 Oct 2009 - 14:10

maybe freeing up money for christmas spending?




Yeah they need new decorations ahead of the players Christmas Party!
  • 0

#5 Matt

Matt

    United we stand, divided we fall...

  • Cyber Steward
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 29,173 posts

Posted 26 Oct 2009 - 14:15

i was thinking more of extra physio tables, but i suppose they could stretch to some Christmas deccies too! :D
  • 0

#6 Louis

Louis

    Dixie Dean

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 13,610 posts

Posted 23 Aug 2010 - 11:32

Just been renewed for another year..

http://www.scribd.co...012-FAPL-Income

£14m borrowed against TV money for 2011/12 season

According to News of the world - £9m of that will pay off the previous mortgage.

EVERTON have taken out a £14million loan - but manager David Moyes will not be making a big splash in what is left of the transfer window.
The club have borrowed the money from leading bank Investec against some of the media rights cash that they are due to receive this season.

But £9m of the loan will go to repay a similar mortgage taken out last year.

The rest has been used to sign Magaye Gueye and to fund new deals for Mikel Arteta, Tim Cahill, Jack Rodwell, Leighton Baines and Seamus Coleman.



  • 0

#7 Bill

Bill

    Alex. Top player

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,490 posts

Posted 23 Aug 2010 - 11:47

I didnt read it that closely but i didnt see Everton FC, or anybody employed or attached to EFC mentioned on that form, could be anyone couldnt it. ??
  • 0

#8 Louis

Louis

    Dixie Dean

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 13,610 posts

Posted 23 Aug 2010 - 12:56

On page 1 it says Everton Football Club Company, Limited ;)
  • 0

#9 smeghead1

smeghead1

    Peter Reid

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,269 posts

Posted 23 Aug 2010 - 12:59

borrowed 14 million so how much is the tv money worth, hasnt it gone up over 35 million a season??
  • 0

#10 Bill

Bill

    Alex. Top player

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,490 posts

Posted 23 Aug 2010 - 14:04

On page 1 it says Everton Football Club Company, Limited ;)



Ha ha I didnt read the small print, where did i put my Glasses. :P
  • 0

#11 Bill

Bill

    Alex. Top player

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,490 posts

Posted 23 Aug 2010 - 14:07

borrowed 14 million so how much is the tv money worth, hasnt it gone up over 35 million a season??


Double that at least Smeg, the relegated teams got more than that. :)
  • 0

#12 duncanmckenzieismagic

duncanmckenzieismagic

    Howard Kendall

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPip
  • 9,577 posts

Posted 23 Aug 2010 - 22:20

borrowed 14 million so how much is the tv money worth, hasnt it gone up over 35 million a season??



http://www.nsno.co.u...eague-windfall/
  • 0

#13 Bill

Bill

    Alex. Top player

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,490 posts

Posted 24 Aug 2010 - 07:49

I think we had this debate last year somewhere, i'm only getting this info from newspaper articles so i dont know for definite. Each club starts off with a 30 million cut of the pot then what you see in that link is what they can earn on top. I've been trying to find the link i found last year but i cant.
This is why they are talking about the championship play-off being a 50 million game.

Found this from 2007.
Arsenal's failure to reach the quarter-finals of Europe's top club competition cost them several millions - but their total figure of £44.14million was still £14million more than north London rivals Spurs, who had a total of £30.55million.

Relegated Watford were the Premiership's lowest earners with £17.98million (2007)

Found this from 2008 it gives some idea of how the money is distributed but still doesnt tell you how much.

Of the £1 billion that comes to the league, 50 per cent is distributed equally between all clubs, 25 per cent is paid out according to the finishing places, and 25 per cent according to the number of television appearances. The result is that there is a 1.6:1 ratio in earnings between the top and bottom clubs.

The lowest payment paid out in 2007-08 was £30 million to Reading, but even relegated clubs get a golden handshake worth £11.4 million for the two years after they leave the Premiership.

The bottom 3 clubs this season went down with 30-31-and 32 million plus their TV money, and the parachute payments are now spread over 4 years.
  • 0

#14 Romey 1878

Romey 1878

    Mildo

  • Cyber Steward
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 44,140 posts

Posted 24 Aug 2010 - 08:28

We must be devouring money in other area's to have absolutely nothing left for transfers. That's worrying :mellow:.
  • 0

#15 MikeO

MikeO

    Scars are tattoos with better stories.

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 39,414 posts

Posted 24 Aug 2010 - 09:15

We must be devouring money in other area's to have absolutely nothing left for transfers. That's worrying :mellow:.

Arteta's wage bill is about 3.9m now. I reckon we have probably sixteen players who earn between 2/3m so if you average them out at 2.5 that all comes to 43.9m.

Then the rest of the squad and the manager and coaching staff probably want paying too :unsure: .
  • 0

#16 Matt

Matt

    United we stand, divided we fall...

  • Cyber Steward
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 29,173 posts

Posted 24 Aug 2010 - 09:52

I bet you DMs contract isnt cheap either!
  • 0

#17 Louis

Louis

    Dixie Dean

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 13,610 posts

Posted 24 Aug 2010 - 09:55

3m per year
  • 0

#18 MikeO

MikeO

    Scars are tattoos with better stories.

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 39,414 posts

Posted 24 Aug 2010 - 10:06

So then if you take the other fourteen first-teamers and give them an average of 500,000 a year (though some like Hibbo & Ossie will be on considerably more) that's 7m.

Add it up and it comes to just short of 54m.

That's quite a bit to put by before looking at transfer funds :( .
  • 0

#19 Louis

Louis

    Dixie Dean

  • Admin
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 13,610 posts

Posted 24 Aug 2010 - 10:08

Moyes said recently that he had the choice between having a transfer budget and a larger wage budget and opted for the latter.
  • 0

#20 Bill

Bill

    Alex. Top player

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,490 posts

Posted 24 Aug 2010 - 11:01

So then if you take the other fourteen first-teamers and give them an average of £500,000 a year (though some like Hibbo & Ossie will be on considerably more) that's £7m.

Add it up and it comes to just short of £54m.

That's quite a bit to put by before looking at transfer funds :( .



I think with the £30m that all teams start with, the £28m mentioned in that NSNO article, then you have the ground receipts of 20 million a season, the Chang sponsor money, and the retail and shirt profits.
Total them all up and it must add up to £80m or more.

Are Stoke in a better position than we are ?? they seem to have a lot of money to buy players, yet they've only been in the prem for 2 seasons. :huh:
  • 0

#21 Bill

Bill

    Alex. Top player

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,490 posts

Posted 25 Aug 2010 - 11:15

Been searching for days and at last i've found it, if anybody wants to read it its here ...........

http://www.sportingi...ent-in-2009-10/

quote
""From next season, when the income streams from the recently negotiated (and improved) 2010-13 TV deals kicks in, the central funds income will climb again, by up to a third. In other words, being the worst team in the Premier League next season, and finishing bottom, will be worth around £40m from central funds alone.""



6 Teams in the championship are still getting £12m pounds each, parachute payments. :blink:
How are EFC always skint when they never spend anything.???
  • 0

#22 marcopaulo

marcopaulo

    marcopaulo - pun lover

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 13,679 posts

Posted 25 Aug 2010 - 11:18

like romey said

We must be devouring money in other area's to have absolutely nothing left for transfers. That's worrying


  • 0




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users