Newty82

11 minutes ago, Hafnia said:

That's human nature.

the reason our club has ended up where it is is mainly due to 7th place being touted as a great season.

how did we get there from being multiple league winners? It's dilution of expectations. 
 

as soon as you accept less you are plotting the descent 

 

But there has to be a sense of reality and context too, doesn't there?

We've flirted with relegation 3 years in a row. To finish 7th next season would be a great season!

If, as we've seen, the man who gets us 7th, then has a wobble for a period the next season, and gets sacked...we'll not see any progress.

We were multiple league winners 40 years ago.

We've won one cup in 30 years.

So the 'accepting' 7th comes from being pretty shit for the vast majority of the last 30 odd years.

I could walk into a room full of rich fuckers and pretend I drive a Ferrari. But at some point I have to accept the reality of where I am...(I only don't drive a Ferrari because the roads in Cumbria are shit ).

I think, realistically, with 777, we can look forward to, at best, midtable mediocrity for time to come...which is better than relegation scraps!

I mean, that's what we've been for most of the last 30 odd years anyway.

I just hope there is a plan that involves reigniting the youth set up...I find it very hard to believe we don't develop players good enough for a bottom of the table scrap...and a young manager with a vision...that we, as fans, allow to develop for more than 12-18months.

2 hours ago, Matt said:

We're already paying a price...

I can see a fire sale within the first 2 weeks of them getting in; Pickford (although I'm not sure he will want to move), Onana, Branthwaite, DCL, Doucouré. Garner (but as a local lad, might not want to). All so that, when we get done again next year by the PL, we can hope for leniency again.

Harrison won't be kept on, neither will Danjuma. 

There's a good chance that Beto will be leading the line and we're propped up by loans, gambles on frees and kids...

They'll also dump Dyche on day 1, so then we need to look for a manager that's going to have 0 budget, half a senior squad, a divided fan base (in some regards) and future PL bullshit charges. 

Y'all think it's bad now...

Edit: oh and Coleman and Young retiring (please)

....other than that, we should be sound

In the middle with Gana picking up the scrappy bits.

We need 'a Gana' in there aswell as 'a Gomes'.

Onana ain't doing it. Garner is...way off boil. I think Garner has more to him...just not alongside Onana.

Really need him back!

Although it would sum our season up if he finally scored in a couple of games then gets injured for the rest!

3 hours ago, Matt said:

Or they've pumped so much money into a company that's clearly going bankrupt and they can't afford to lose that investment...

They're keen because it was a potential cash cow for them. But at this point, if they get to take over before the summer transfer window, they'll be selling everything they can to reclaim their losses. 

3 hours ago, Romey 1878 said:

If they get in then be prepared to be milked for everything you have, mate.

It'll be the fans that pay for their takeover, not them.

It's a worrying that 777 don't have the finances to take on the club. Or so it seems.

More dodgy wheeling and dealing. But we're used to that this last 20 odd years.

On 12/04/2024 at 21:18, Newty82 said:

“We should be on 35 points and I would be getting measured differently, myself and the team and the players and the club in spite of having a tough run."
Sean Dyche insists he'll continue to work his hardest no matter what's thrown at him or Everton.

He's right to be fair.

Such tough and unique circumstances.

He and the lads need to dig in deep. End the season well. Re-assess.

Wouldn't blame him if he thought 'Fuck this, I'm off....'

Don't think he's the quitting type.

(Mind, don't think any managers are when they know they'll get a fat pay off if they get sacked )

Needs to work harder...all of them...

Limp through.

We need to show more fight than Forrest & Luton.

After a 6nil drubbing and Forrest at home next, 3 home games on the bounce, they really now need to shake this off, and any self pity, distraction around points taken off and all that, and fight fuckin hard!

6 minutes ago, Btay said:

The only thing Dyche can do is rip that team. If he starts the next game with the likes of Young, Doucoure, Coleman & Onana it shows he is actually okay with that performance. Beto was honking but the lad was at least honest.

Our problem is our players who have a slither of talent don’t seem to care so much & our players who are yard dogs (of which there is a few) do care.

But he won't.

If we've seen anything about Dyche during this torrid run it is that he keeps going back to the same old same.

6-0 eh.

Nows not the time to argue over who's this, who's that.

This team needs every single fan behind them...as painful as that is...to help them limp over the line.

We shouldn't be losing 6-0 to anyone. Let alone an 'average' Chelsea.

Fuck all is going to change in terms of tactics and players so we are just gonna have to rally and hope

Just got home...glad I'm not watching this one and no intention of putting it on!!!

1 minute ago, Hafnia said:

All those NDAs, Phillip Green tracked wyness to Majorca in his yacht when wyness mysteriously resigned.

I've said it for years - our club was used as greens bank account.  

Yeah. I remember well all the Philip Green stuff.

I remember looking into all years ago. Years before Moshiri came along.

I used to save the clubs annual accounts on my laptop to look and compare

There was always something not right with our finances. I think that's clear as day.

What I was generally torn on was how deliberate BK was being in what was going on. I could never quite suss if it was genuine ego and control or a what's need must scenario.

For me, personally, I think the last several years started make the answer clearer as each year passed.

7 minutes ago, Hafnia said:

Looks to me like someone tied us into some sort of ironclad loan shark type arrangement.  I mean why would they unless they other friends stood to benefit from the money that exits the club. 

I'm sure for years our financial set up has been the reason many haven't touched us. And then along comes an accountant...

I remember years ago these companies being on BBC Panorama. Eye opening how they work.

At the same time, with Moshiri (Usmanov) money, why didn't they just pay RMF off? That's always been a hard to understand bit for me.

1 hour ago, StevO said:

Something a bit different, you can move the camera around and have a look.

Not the highest resolution, but i'm just having a go now, its a bit of fun.

 

 

Mega that. And the stadium.

Well worth a billion debt  

37 minutes ago, Palfy said:

Get a water meter

Cumbria mate...surrounded by the bloody stuff. It's a crime that we have to pay for it when we could go up the road and help ourselves

Away from the debt thing...I've said my piece on that. Don't want to bore you all!!!

My next concern is how any cash released from the asset (stadium) is used.

I fear that it is all too easy to release cash against it and award shareholders, while the place and club rots.

For example, Glazers at United.

Or, just like what various water companies did in the 90s when privatised. Instead of getting loans against the assets to improve them...they paid handsome dividends to shareholders. Now the water companies, facilities and systems are fucked!

5 hours ago, Matt Tiger said:

Not really… a house can be sold to any number of people looking for a place to live. I can’t imagine the shite are looking to leave anfield anytime soon so the stadium is really only valuable to us. 

I wasn't on about selling the house. I'm happy living in it and renting out the spare rooms

I'm on about my house being worth more than my debt...so I can release cash against it.

I mean, I could be completely wrong here! But is that not just business? Businesses regularly use their assets as a means to guarantee any cash they need to then go and grow and expand the business?

Now, before anyone gets this twisted. I'm not at all saying that we're all OK. Everything will be fine. My only point here is that a chunk (not all!) of the debt MIGHT be 'safe' as it's been used to build an asset that will generate more value over time. Which, again, is business, right?!

31 minutes ago, Palfy said:

It would if we had time to sell it, but doesn’t that go against the whole philosophy of building a stadium owned by the club so we could increase our earnings and not deplete them by renting. 
I said before we should have filled the dock and mothballed the build and saved the club until we were financially secure enough to recommence the project. 

No, what I mean is...

The asset makes the debt 'safe'.

Like, I owe X amount on my mortgage. So I'm in debt.

But my house is worth twice as much as my mortgage. So, I'm OK. No panic. Keep making my payments, everyone's happy.

If I need to lend more money, I can. Because I've got this asset that I can still get cash against.

If, for some mad reason my wife went off with my boys, I'd have 2 rooms spare. Now I can rent them out and make money.

So now I have an asset worth more than my debt and it's generating me income.

Happy Days!

1 minute ago, Palfy said:

Now maybe people can understand why I’ve been banging on about it wasn’t the right time to build a Stadium, we were already 450 million in debt with over 90% of our turnover going on wages, yet we committed to 800 million stadium to bring our debt to somewhere around a mind boggling 1.25 billion, without the funding to do it. 
Like I said I would love a nice new shiny stadium but not a the cost of the club. 

Does the stadium not become an asset that offset some of the debt? No doubt the stadium value will be more than the cost to build.

9 minutes ago, Zoo 2.0 said:

I'm sure people have said this/have been feeling this but relegation is the least of our worries. Even if we survive this season, we're a club on life support. The current owner doesn't want to own the club and those that do can't afford it (and if they did have ownership, would probably be busy asset stripping anyway). It's hard to see where any positivity looks realistic with Everton, it's like we're fighting with all our might to take one step forward whilst an almighty wind is pushing us seventeen steps back.

And what's worrying too is the lack of sellable assets on the pitch.

We've a few in the first team but nothing coming through the youth ranks. So it seems.

I think this'll be the first season in...dunno...that there's been no sign of a player stepping up.

14 hours ago, Palfy said:

You say Allardyce should have been nowhere near the club, yet he came in to rescue a season that was in free fall and ended up getting us too 8th. 
Now from looking back through old posts only one person backed what he had done and that was PeteO, nearly everyone else including myself hated his style of football, then a few moaned about him throwing people under the bus in interviews after a game. 
For me the football is getting worse as the weeks go on under Dyche, and all this long ball stuff is disgusting and not what I want to see from any Everton team, and then for the manager to come out with the statement he did was cringe worthy, that the only tactic that he could come up with to beat Burnley, was to kick it long from the keeper and try to get a dirty win, if that was against City or Liverpool I may have given him the benefit of the doubt, but if he thinks that’s only way available to beat Burnley then we are fucked. 
And for me that alone makes him the worst manager we ever had at this club, talk the talk as much as he likes, but it’s blatantly obvious clear or should be that he’s in capable of walking the walk, he’s a absolute shit stain on this club. 

He did indeed do that. But it's the culture he brought with him. The arrogance. Him, Koeman and Benitez of the same ilk in my opinion.

I agree in sorts with what you say there about Dyche. Until the last paragraph. Then I don't agree and feel that sort if criticism is too far for the job he's done so far.

I'm going to see how we fair in the last 6 games before finally deciding where I am with him. I'm a bit 50/50 now as I'm not happy with how long the run lasted and some things said recently, how we've gone about things etc.

5 hours ago, Romey 1878 said:

I simply do not believe that no club before us failed to stay within PSR. It's an impossibility in my opinion.

Coincidentally clubs start failing it when the independent regulator is looking to be brought in, two clubs are charged and punished, all of a sudden there is an extremely quiet transfer window from all clubs.

Hmm.

Exactly.

The January window was the quietest, wasn't it?

The 'eco system' of the league collapsed.

Now the rules are going to change...

4 hours ago, Romey 1878 said:

https://www.theguardian.com/football/2024/apr/09/premier-league-psr-profitability-sustainability-rules

Key part of this is that of the 17 teams who have submitted their finances for last year (wonder who the 3 who haven't are?), total losses are £600mill.

For ONE year!

I often look at the turnovers of most PL clubs, vs their spend on transfers and wages, and wonder how most can stay within PSR?

Well, clearly they can't. Hence, it all changes next year!