Season 2011-12 Fan Articles

A Break For The Board...er!

By Lee   Mandaracas  ::  09/09/2011   22 Comments (»Last) It is a shame that I feel I must start by saying I am no fan of the Everton Board for fear of a backlash if I remotely seem to support them. The fact is that I am infuriated by them, with their habitual deceit and apparent disregard for the fans of this great club.

I am already on record with my sizeable concerns over many recent developments and my abject disgust at Ian Ross having any involvement whatsoever with the club, let alone the ironic position he holds. So many areas have been raked over repeatedly and I will try to avoid doing so again.

However, a recent mailbag article here on TW asked questions about the Yobo loan to Fenerbahçe and why we let them renege on a £6m agreement at the end of his last year-long loan spell.

I agree our transfer conduct as a club is pretty laughable and we seem to be held to ransom quite easily. Were it not for the match-fixing scandal in Turkey, I feel sure he would have been sold for circa £1.5m to them. That would have been a disgrace to reward a club for going back on an agreement in such a way so I actually think they may have pulled a rabbit from a hat as we can still sell Yobo in a year's time. As much as it would be for less money, we have already mitigated that with a loan fee.

Here is my appraisal of our transactions this closed season based upon officially reported figures on the Official Website and in local and national press.

Yobo: Loan Fee of £750k plus weekly wage of £50k for a year totaling £2.6M
Total Yobo income/saving: £3.35M (and he will return for the club to use or sell in a year ? more likely the latter, even for peanuts)

Beckford: Transfer Fee of £3M (rising to £4M if Leicester gain promotion) plus weekly wage of £20k for a year totaling £1.04M
Total Beckford income/saving : £4.04M (plus a further £1mM likely next season)

Yakubu: Transfer Fee £1.5M ? woeful return but who wanted him? Plus weekly wage of circa £50k for a year totaling £2.6M
Total Yakubu income/saving: £4.1M

Arteta (sad face): Transfer Fee £9M (after £1M sell-on deduction to Real Sociadad) plus weekly wage of £75k for a year totaling £3.9M
Total Arteta income/saving: £12.9M

That means overall we have created income and savings totaling £24.39m on those players.

Now I will throw some guesstimates out there for our new boys suggesting generous loan fees total £2M and their combined wages for the year total a further £4.39M (again, a very generous estimate but just to make the maths easy) it leaves us comparatively £18M better off year on year and net two players down. Even with our much publicized £5M a year deficit that has us £13m up as long as our incomes remain as they were last year.

I hate our current plight with a passion but ? looking at these figures (and taking a giant leap of faith that we will have a reasonable season this year) ? have our board actually done some decent business to "steady the ship" for a change... Or do I need to up my meds?

Reader Comments (22)

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

About these ads