Chairman: Bill Kenwright
Everton have received a lot of public attention recently about the state of their finances. Similarly to Chelsea, they can't turn a profit mainly because of the lack of infrastructure the club possesses (most significantly the ground).
A net spend this summer of -£2 million has seen the masses grow impatient and calls for chairman Bill Kenwright to resign. Supporters should attempt to realise that the situation can be viewed one of two ways.
One way would be to appreciate that the club made a loss of only £3 million last year, which in comparison to others is not so dramatic.
Secondly, the club has yielded over £80 million in the past 15 years from talent produced from the academy. One or two existing players would easily act as assets if things did get more serious.
There appears to be a 'catch 22' for Everton. They believe they can't climb the league without buying new players but any money that is available HAS to be put aside for new revenue-based infrastructure. With pressure from the bank wanting the club to correct its position, I believe a top player will be sold and a break-even position will be achieved.
Profit Likelihood: 5/10
Its a shame that football clubs can't fill their gounds.
The premiership may be the best league in the world but it looks bad on tv when no ones in the grounds.
Anyone who believes that thetaxman gets half of the money paid to foreign footballers (and some home growns too) is deluded. They are using offshore companies as tax shields and paying very litlle if anything back to the UK. It needs sorting and quickly. Tevez has barely paid a penny in six years in the UK.
Beyond that they are overpaid anyway. All Premiership footballers should be on a base wage of not more than £2k per week which is enough for anyone. Then they can ber paid appearance money for playing for the first team, say £25k. Players on the bench are then paid proportionate to time on the field. That'll sort them out and stop clubs hoovering up all available talent.
Time to get this all sorted.
I get annoyed when people say the premiership footballers get paid too much... they are at the pinicle of a massive sport, and just like any other business that tries to maintain tallent within its ranks, thay have to pay thier employees enough so that another employer does not snap them up.
All players are actually getting the market rate for their services... well, except for Torres.
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