Everton secure massive payday after Premier League turnaround

Very nice.

Is it just me or are things starting to fall into better shape since TFG took over?

It's all relative.

Presumably the 12 clubs that finished above us are going to get more to spend than us to compete for the players we may want to buy.

Craig #3

Of course it is.

We just have to buy better for less... a knack we seem to have lost. Let's hope Moyes still has that in his locker.

Not just you, Robert.

I think we may be in for a rough time early next season -- integrating this many new players and execs into the club over one short summer is bound to be a bumpy process -- but long-term I'm the most optimistic I have been this century.

I find the headline a bit misleading as the article goes on to say that it's only "an extra £10-15M in prize money than last season" and then they count in an extra £40M from BMD.

Where does that "extra" come from? Only ticket sales or projected other income streams? And surely we're going to have increased "Other Operating Costs" that will eat into that £40M so it's not just profit.

Brendan, totally. As I continuously say, it's how you spend, not what you spend.

Mike, I'm always cautious about introducing too many players in one swoop. We may not have a choice, but we do, as you say, need to be careful in our dealings and initial expectations.

Eric, I can only assume (that's it) that there has been an increase in TV revenue, so the monies awarded for league placings.

The Everton Stadium will generate more revenue from increased corporate facilities and being used as a multi-use arena. We already have the England v Australia Rugby League this year and have been chosen as a venue for the Euros. Concerts, boxing and more will follow.

Danny.

Caution not to integrate too many new players at once inevitably means we renew the contracts of some mediocre out-of -ontract players who have contributed to our parlous league placings over recent years.

We're in the position of knowing what these players can and (more crucially) cannot do over some time, so who of all of them should we retain in the interest of remaining cautious?

The outcome from that approach, as has been demonstrated, is more mediocrity, so what have we got to lose by ridding ourselves of most if not all of them and taking the gamble on younger hungrier players on lower wages?

Logic dictates that you choose another horse to bet on than the one you've been backing over a period that hasn't come in better than 13th despite a better trainer.

Danny #7, exactly, the £10-15 million is increased league placings, not what I'd call a massive payday that the headline states

And any future income on possible non-football use can't be booked as income / spending money unless we actually have confirmed bookings that can be borrowed against.

If the £40 million is purely against increased football revenue then we will have increased Other Operating Costs to set against that, more stewards, security, policing, cleaners, utilities etc. Which would also have an effect if it's non-football revenue.

In short, we need to be looking at the increased profit that we will have available for investment, not the increased revenue.

I wasn't talking about retention. I was agreeing with a point made about an influx of players taking time to gel.

Apologies for any misunderstanding.

This summer will be a very busy one, as Moyes said tomorrow everybody who is staying will know as will those being let go. Moyes said 5 loan players like we have now is to many and ideally he wants only 1 or2.

Does he sign Alcaraz, hasn't started many games under Moyes so, although I would like us to sign him, I don't think Moyes is yet convinced.

I am sure they will have identified the players they would like to sign, but identifying and signing players are very different.

I would like to see 3 first team players signed, obviously a right-back is paramount, another striker to compliment Beto and Chermiti, and if we aren't going to play Ndiaye in the Number 10 role then that is a position that needs filling.

I just hate these kinda headlines, which are so typical of Everton News and Goodison News, and the other sites that seem to be from the same clickbait stable. This is just the money Everton get for competing in the Premier League.

At the other extreme, there's this one:

Everton miss out on millions as Sunderland promoted to the Premier League

Oh really? Why is that then? Well, as someone already pointed out, it's the 45% parachute payment that Sheffield Utd don't get now, which (the story says) is recycled back to all Premier League clubs — presumably in increased merit payments?

Mike G - I wholeheartedly agree with your post. A too large an overhaul is not something I personally wish to see but the problem with these sorts of articles and headlines it gives supporters a false sense of hope and expectation.

Talk of contact with such as Rory Delap for example, turns to frustration/disappointment when he eventually signs for Man Utd or Chelsea.

Obviously we need recruitment and we need players of quality which far exceeds what we have at present – but one or maybe two steps at a time please, Mr Moyes.

It'll come down to a good pre-season. The recruitment team will need to start early, and avoid pre-season tour of 10 players plus kids out of the academy.

We need fitness and evolve the patterns of play. Certainly the last couple of years before Moyes, it's been hard to see what we are trying to achieve.

Premier League status has been known for a while, so it'll be on the club to bring in good quality and early. They've money to spend and a wage budget to allocate.

Just read an article in The Athletic and they predict we will only get about £3M more from the premier league payout this season.

Yes, we will get about £12M more from our league position merit payment but, as we have been on TV fewer times, we have a reduced “Facility fee”.

John, I believe we have around 142 million pounds coming from finishing 13th and our above average TV appearances. Maybe this is including US TV where we have been regularly featured with the glamour clubs on peacock.

I'd read we were £5.8M down on the TV facility fee, but £12M up on placing fee plus other fees, £5M more from international share.

We received £132.2M last season.

It’s not so much what our revenue is for this season that determines our spending limits. It’s far more what our revenue will be next season that matters particularly as salaries and fee amortisation for new players will commence only in that season.
Without knowing the minutiae of our finances it’s difficult to predict for sure what scope we’ll have but using guesswork informed from typical season ticket costs, total capacity and ‘standard’ vs ‘hospitality’ ratios of Goodison and HDS, I estimate that we’ll have c. £35m net increase in gate money plus the HD sponsorship, say £8m plus additional events. Let’s say c. £50m a year net increase. If we are able to finish top 10 and have better cup runs then with the inevitable increase in tv appearance revenue, it’s not unreasonable to assume we’ll have £60m - £65m more to play with for the 2025-26 season.
Given that players are typically signed on 4 - 5 year contracts then a transfer spend of up to £250m - £300m is possible. Not that I’m expecting this (well not all in one season) but it shows the scope possible particularly if the new players’ wages can be serviced using the c. £900k a week salary savings of the out of contract players.

I would not trust any Manager other than David Moyes, to get things right at Everton on the squads future comings and goings.
You can bet that players coming in will be solid, hard working players with the right attitude.
We have a more experienced Manager now than the one who first came through the doors as a young man.
We are in safe hands.

Anjishnu: 2 quick points and please excuse my non-accounting and limited memory.

1. Did the Franklin Group not stick Everton with a £300M loan? Over 50 years at (say) 5% would this not require £6M per year capital and £21M per year interest repayments, ie, £27M per year in total debt servicing costs? Accountants, please help…

2. Surely the Burnley compensation case against Everton has still to be resolved. This could require £10M - £15M immediate repayment to Burnley under the P&S rules violation?

Bob I think you have oversimplified your calculation. If it was a “mortgage” at 5% I think the annual repayment would be nearer £17M, still a significant sum.

That said, I'm not sure what type of “loan” it is, ie, is it a “traditional” loan or is it a debt facility we can call on when needed in which case the payment would be the interest only.