Be that as it may, the sudden swing round in the economy may just be about to work in our club`s favour. Already we hear that Roman Abromovitch has ordered a major cut-back of staff at Stamford Bridge with over thirty scouts and background staff unlikely to enjoy their Christmas.
`Over the road`, joint owner George Gillett is looking to find loans of £50M in order to hang on to his stake whilst even `sensible` Arsenal have had to succumb to the overtures of their despised American shareholder and `welcome` him onto their Board. At Old Trafford, the demise of sponsor AIG has sent their income projections into free-fall whilst Iceland`s bankruptcy may well see the end of West Ham as Premier League players.
In comparison with these clubs, Everton`s indebtedness is trivial and, whilst Blue Bill may well have reached his credit limit, the relatively sensible way his lieutenants have controlled the club`s finances may just see us emerge as `big winners` come the inevitable meltdown.
A big factor in this will be the delay and inevitable abandonment of the Kirkby project. Already, we know that the club have no way of funding their contribution to this white elephant and, as gates retract to the 30,000 level, a phased and modest up-dating of Goodison will be seen as the only way forward.
Regardless of the Man City phenomenon, the days of £100k-a-week players are doomed and even lavishly rewarded managers may be in for a pay-cut! Let`s face it, only the ability to borrow huge sums have set the big four apart from the mere mortals who make up the Prem and whilst they may still be clinging to their delusions of grandeur their end is in sight. When they implode — as they surely will — the Evertons of the league will be far better placed to ride out the storm.
Theatre people have long told me that BK is a `lucky promoter` — just how lucky we are about to find out!!!
Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer
There are no responses so far to this article. Be the first to offer a comment using the form below.
Add Your Comments
In order to post a comment to Fan Articles, you need to be logged in as a registered user of the site.
Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and MailBag submissions across the site.