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Everton News, Season 2011-12
The Sun Always Shines on TV
...in the Premier League, at least.
13 Comments: The excellent Swiss Ramble blog dissects the bumper domestic TV rights deal that was concluded last week and lays out what the additional revenue would mean to each top-flight club based on their 2011-12 league placing and the number of times they were featured live.
For Everton, that would mean an increase of £19m in domestic TV revenue based on a 7th-place finish and 10 live broadcasts.
The figures get more interesting when the expected increase in the sale of the overseas rights is factored in. Using a fairly conservative increase of 39% (Sky and BT's deal for the domestic rights represented a massive 70% increase on the previous deal), Everton's take would rise by 26.6% to £75.5m.
Of course, the analysis points out that an unknowable proportion of these increases will be offset by an increase in players' wages, transfer fees and agents' fees.
Original Source: Swiss Ramble
Comments
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The problem is our records and various investigations have shown that this black hole is well ..working like a black hole in that its only getting bigger and sucking in more money each year. So essentially unless the rotten activities or people are severed the increased money will only help this black hole to grow again.
Bloody hell, I love the club and follow everything about it but its depressing everytime I come back to this issue.
A loaf of bread cost you and I exactly the same as it does for our heroes who are on in excess of 70k per week, yes per week. Have we lost all sense of reason here? The national papers go into a frenzy when they find out that a greedy banker has been awarded a million pound bonus, they demand that he pays it back and the country wallows in indignant anger at the hypocrisy of these greedy men. However, a footballer who "earns" a quarter of a million a week (Tevez) and then refuses to play for half a season but is then applauded like a conquering hero when he decides to pull on his boots again, is just accepted as part of the game and it is glossed over.
Its time that Platini and Blatter showed some real leadership and did something positive.
I am falling out of love with this game, yes sure I will shout and scream every-time we play next season and will profess my love for Everton. But something inside of me is dying and I can't help feeling that it won't be long before I realise that I am been taken for an absolute mug everytime the money I pay at the turnstiles is helping to fill the petrol tank of the latest sports car for a young man who will earn more this year than most of us will in a lifetime of hard work. It just doesnt seem right to me.
There must come a point - and Everton passed it some time ago - where you stop thinking that spending every penny you get on players is not going to bring in more money that it costs. Everton spend in a highly cost effective way (for the Premier League) BUT is £10 million spent this summer in capital and ongoing wages going to bring £20 million back? Probably not as the only competitions capable of doing that are the Premier League and Champions League and £20 million will make a small impression on our chances of improving in either.
Would £20 million off our debt pay us back? Yes it would over say 7 years and beyond. Would it make a difference to our earning power if we invest it year on year for a stadium move/restructure? Yes quite possibly and would be an investment in the next 50 years of growth.
Why isn't it done? Existing players want increases and if we don't give them more money they will leave. If that occurs relegation looms fairly quickly and THAT is worth spending £20 million to avoid as an immediate drop in income far exceeding that would result.
If the entire League agrees on a wage structure it would benefit everyone - but then it wouldn't be an elitist league and the worry is income and broadcasting growth overseas will drop.
When will it all stop? When income growth for TV companies stops.
Agree with your last paragraph Shaun.
And thats why a wage cap is not possible. Its probably illegal under eu rules too. Why should sportsmen be penalised? There are plenty of very over-paid people in this country.
Besides, I would imagine there are many different ways around a wage cap too. Players individual sponsorship would just increase to compensate. Club sponsors might just contribute directly to the players rather than to the clubs who pay them. I'm not sure how it "works" (if it does...) in the states, but I doubt any of the star players are on the bread line.
Chelsea wins the Champions League on pens and those pricks now want to change it so no pens allowed.
Fuck the pair of oriible fucking fuckwits.
And breathe........... rant over, I thank you!
Now the Market place is world wide there are more opportunities at hand which makes it a real shame that player's and wage demands will just keep draining any progression a FC might have by say, 'building a new ground... is just a sign of the times, come the revolution.
But really though, the gaps are getting ever wider between the classes and BLAH BLAH!!!! It is very dis-heartening to see this happen to EFC but look at this for what it is, for Pete's sake.
In my opinion, a wage cap at £1k a week would be too much for someone being paid for something they love to do, which, despite the passion of the sport, is trivial for humanity, in my opinion. It's not as if they make anything, save lives, develop medicines etc.
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