When you buy a player you can spread the cost over the length of the contract they sign but when you sell a player all the money counts on your books for that season so the 30 mil we paid for onana is about 7mil a season and we got 50 so on the books it's 43million
@@TristanSpowyou sure about that ? Because I remember him saying at the beginning it will probably go through he then changed his tune once the problems 777 had became public
@@Sutty0151well that’s what usually happens, when an issue becomes public people are going to change their minds, that doesn’t make him wrong. When 777 were telling everyone and their dogs that things were great and they’ll own the club soon only to be hit with charges down the line people are going to say well it’s now extremely unlikely the PL will allow them to own one of its Members.
@@TristanSpowWe all knew the 777 takeover wasn’t happening ffs. We’ve all been saying it since November. Borson got our losses completely wrong last year, he got our points deductions completely wrong, and he said that we were going into administration in May. He’s full of shite.
@@danielwebb8402stop worrying about financial stuff we earn 300M now that will be doubled next season in a new place 6/700M dept is nothing when you have assets exceeding a billion + if we wasn’t doing business and losing everyone left right and centre then I’ll be worried we’ve lost nobody important as of now
The cost DID go through the roof,.due to a war in Ukraine and we lost our main financier due to being Russian. Hence we ended up in financial fair play problems, cos the prem changed their rules as to what could be set against tax.
They didn't change the rules. They voted on the possibility of changing the rules in the future. Those rule changes will be trialled next season with no enforcement.
@@lilbaz8073 They did change the rules on what was permissable to claim as losses against tax. Which is why in the first ruling and the ten point deduction, they hit is for being dishonest. However on appeal they admitted a mistake in law, as Everton had put in losses deemed allowable when the stadium building process started (Spurs used these rules with no issue). When we appealed, they realised it was an honest mistake not a fraudulent one and gave us two of the 4 points for that
@@jonhunter8737 the dishonesty was that you tried to say a loan was for the stadium. When it was actually used to pay players. Therefore the interest on the loan £2m counted towards psr.
@@lilbaz8073 there was no dishonesty,as evidenced in the statement from the appeal panel. They admitted they had made a mistake in law, when saying Everton were dishonest. And the fees we were charged for and appealed against, stating unforseen circumstances were for interest on the loan. Not the loan itself or it's purpose. The Premier league seemed to think that Everton should have foreseen Russia invading Ukraine, you know, the way everyone did, and should therefore not have been in business with Russian businessmen. Despite the Premier league having a very lucrative deal with Russian TV to televise their games in Russia, and taking cuts of the sponsorship by Gazprom. Funny that.
Simon summed it up correctly in my opinion. The analogy of a house with a mortgage is a good one. For an investor, you have to weigh up that debt servicing vs the potential of the stadium to generate money, the TV money, potential player sales, the academy producing players who can replace those sales & become saleable assets themselves. I think the sticking point is Moshiri not wanting to accept a big loss on his investment. As Simon says, there is no crisis but the situation of Moshiri staying on is less than ideal & makes any progress difficult. With a good season under their belt & the move to Bramley Moor completed, they may well look like a better investment this time next year. It seems the finances will hold up until then, so no need to panic. Of course, to would be better to get a new, ambitious &, most importantly, competent owner in now to give the club direction, but it's nowhere near administration territory. The signings this window show that.
We have Naming Rights on the new stadium and other events apart from football planned for the future like concerts etc that will provide a lot of dollar.
@@GilbertSyndrome We have a 200 year lease on that ground part of a bigger redevelopment that's going to have a new park as well as hotels, offices accommodation etc it's definitely a future attraction.
@@GilbertSyndromewe’ve also just agreed a landmark partnership with a world renowned food and beverage company to become a founding partner of BMD efc won’t be short of money come November like the expert predicts
If everton was rhis wonderful situation they would of been sold by now this has been a issue over a number of years now... everyone living in a dream world brushing off everton will be fine till a takeover is completed they're in trouble no club is too big to go down
Everton the surprise package this year. Decent window, kept Branthwaite, last year at Goodison park and then into our new home at the best ground in the country! AI predicting us winning the champions league the following year so it’s definitely happening
@@craigshurmur6132 I swig bleach lad.. Have you seen Bramley Moore? Mate….. It’s Belter!! Beautiful 🤌🏽 Can’t wait to her Z cars and Spirt of the blues echoing down the Mersey! Once we’re in there easily best ground in the League.
@@keepitchill9186 lad am a blue I love not far from our ground and the new one, it looks unreal where it is but spurs stadium is unreal coat over a bil. See what ours is like when we get in it il be back to comment after the first home game in there 😂🎉
@user-jc1jl8lc3i Nope, assets were frozen because of the Ukraine war and that tap has been closed off. Spotlight was on Usmanov as well, that ship has sailed i reckon.
Irrelevant pointless contribution from Danny Murphy there. Jim White is desperate for Everton to be in trouble. He seems to be fueling an agenda for talksport viewers
Reporting on a story that has huge financial implications for one of the most historical clubs in the PL. Danny Murphy keeping quiet as this isn’t his area of knowledge. Sounds to me you have an agenda against the lads at TalkSPORT mate.
When you buy a player you can spread the cost over the length of the contract they sign but when you sell a player all the money counts on your books for that season so the 30 mil we paid is about 7mil and we got 50 so on the books it's 43million
@@rogerdavies2796 he had 30 appearances including subs he contributed nothing to efcs season but mostly warming a bench with his mate danjuma a massively overrated player
'catapulted in to the top 4', hahaha they finished 4th place once in the Premier League, that was there best ever position. They are a traditional bottom half club
Gomes high wages gone….over 100k a week….onana had high wages….playes we got in not on higher wages….,5 players in 2 loans 3 bought….Godfrey gone dobbin gone….just over 35 spend 60 million in…
Moshiri put a lot money in to Everton and made stadium possible the so called football geeeks who spent his money on overrated shite are to blame to coyb
@@GilbertSyndromeAll I said was Borson has been consistently wrong. Apologies if that offends you. He said we were going to get a massive 2nd points deduction, which was untrue. He said our losses were much bigger than they turned out to be. He also said in April that we were heading into administration, which was also untrue. He’s now saying that we’ll be fucked by mid-September. Come back then and we can chat about how wrong he is again.
@@jamesytheblue I'm not offended at all, mate, but I actually know what I'm talking about, believe me, and he's not wrong here. You've got massive problems with nonsense kit, budgets for areas being cut, staff shortages and people leaving left and right. That club can't function without it's gears, and the gears are coming off. They need a new owner with deep pockets, or it'll get worse before it gets better. You can take that from somebody in the know. Btw, he's talking about the club lacking money in September, October November and December... Which is true. They don't get the new money til January.
Everton is a huge and historical club and hasn't been up to it for years. Moshiri really fucked them up! Bad ownership in various guises has ruined them for all of PL history.
We got fucked over before him by Peter Johnson, when the prem was created start of the 90s we didn't move with the times, we didn't expand internationally when a lot of other teams did, man u were not the team they were at the start of the premier league they built up abait with league titles etc, we stàgnated
I'm sure that was done years ago as part of the new stadium project. As soon as they move, Goodison will make way for whatever project is planned (housing of some description).
Wouldn't be such a bad thing for Everton to get relegated at this point. It would drop the asking price for the club which might bring in more potential (and a better quality) of buyers. They'd also be able to shift some of the overpaid players inflating the wage bill. Parachute payments will keep them relevant and they come back up to the EPL with a new owner and able to make a fresh start.
@@MurphEfc Burnley always go down and come back up the next season, don't see why Everton who are a bigger club with better players couldn't. But you're entitled to your opinion mate.
The mindset over having a "nice, digital-ready/compliant" stadium was applied historically to BOTH Bordeaux and in a more relevant case, Coventry City, and look how that turned out.
Coventry never owned the stadium and had no rights of revenue. More like Oxford utd. Bordeaux was a basket case and probably closer to what could have been Everton if FM didn't have the brains to try to sell up. So again nothing like hence why you have zero likes. Probably just delete your comment and save the embarrassment
@@lennycook206 And he (Moshri) failed to sell the club, it's not about getting likes mate. Also, I don't delete comments, that's for cowards. Furthermore, my point was that having a nice fancy stadium is more of a burden and ripe for misery than keeping the old one. Owning it makes you a target for some unsavoury people, not owning it makes you very vulnerable and open for heinous outcomes when it comes to fighting the real owners, often the local council or worse, some vile private owner.
I love how Simon becomes snide in his personal remarks when someone who understands football finance just as much as he does or another topic such as Eddie Hearn and boxing. I really like Simon as 9/10 he calls it as he sees it and doesn’t get caught up in the hysteria that comes along but sometimes, just sometimes he needs to show a bit of class and stop with cheap personal shots.
At this stage, they HAVE to stay up, lest they end up like Coventry City. Even as a rival fan (LFC, "YNWA till I die!" and all that), the tale of SISU's deliberate mismanagement of Coventry City relating to the fancy stadium ownership infuriates me to this day on a moral level and a logical level.
Unlikely. Without the points deduction last season they finish 12th. They appear to have kept hold of their prize asset in Branthwaite & have added some talent to attack with Lindstrom & Ndiaye. If they can bring in a striker they'll be closer to challenging for a European spot than they are to relegation.
We’ve been worried about the club for so long that we’re not worried about anything anymore. Just want the 3 points every game. That’s it. 💙
Moshiri is the only football club owner that Simon Jordan doesn't like. 😂
No Simon thought the world of bill kenwright and if you respect someone one you defend them
You haven’t heard him speak about David Sullivan then 🤣 (West Ham owner)
@@connorjn8879 Or Steve Parish the Crystal Palace owner
He doesn't like Newcastle's owners!
He loves his buddy, Daniel Levy so much. Never heard a criticism of Daniel from Simon.
Everton FC need to be successful again 🏆🏆🏆
@@crazymankelly 😂😂😂😂😂
Simon is back 🙌🏼
Good lad, proper clobber 💯 facts
When you buy a player you can spread the cost over the length of the contract they sign but when you sell a player all the money counts on your books for that season so the 30 mil we paid for onana is about 7mil a season and we got 50 so on the books it's 43million
😂😂rubbish
Simon spot on as usual on Everton
You never see Stefan Borson and Martin O'Neill in the TS studio at the same time,,,,do you?
Borson talking out of his left bollock as usual.
What he talks seems very realistic, plus he was 100% right thus far about the attempted 777 takeover
@@TristanSpowyou sure about that ? Because I remember him saying at the beginning it will probably go through he then changed his tune once the problems 777 had became public
@@Sutty0151well that’s what usually happens, when an issue becomes public people are going to change their minds, that doesn’t make him wrong. When 777 were telling everyone and their dogs that things were great and they’ll own the club soon only to be hit with charges down the line people are going to say well it’s now extremely unlikely the PL will allow them to own one of its Members.
@@TristanSpowStefan hasn’t been right once about Everton
@@TristanSpowWe all knew the 777 takeover wasn’t happening ffs. We’ve all been saying it since November. Borson got our losses completely wrong last year, he got our points deductions completely wrong, and he said that we were going into administration in May. He’s full of shite.
Are Everton fans really concerned I think we’ve had a good windoe
Yes. Lots more to do before I consider it good.
I'm optimistic. 😊
I think we’ll comfortably finish mid table.
But that window doesn't make you financially a going concern
@@danielwebb8402stop worrying about financial stuff we earn 300M now that will be doubled next season in a new place 6/700M dept is nothing when you have assets exceeding a billion + if we wasn’t doing business and losing everyone left right and centre then I’ll be worried we’ve lost nobody important as of now
The guy sorted the stadium. He deserves something
Ok so saying Gibraltar is Spanish gets u a 1 game ban, but enzo is free?
The cost DID go through the roof,.due to a war in Ukraine and we lost our main financier due to being Russian. Hence we ended up in financial fair play problems, cos the prem changed their rules as to what could be set against tax.
They didn't change the rules.
They voted on the possibility of changing the rules in the future. Those rule changes will be trialled next season with no enforcement.
@@lilbaz8073 They did change the rules on what was permissable to claim as losses against tax. Which is why in the first ruling and the ten point deduction, they hit is for being dishonest. However on appeal they admitted a mistake in law, as Everton had put in losses deemed allowable when the stadium building process started (Spurs used these rules with no issue). When we appealed, they realised it was an honest mistake not a fraudulent one and gave us two of the 4 points for that
@@lilbaz8073 You're talking about something completely different.
@@jonhunter8737 the dishonesty was that you tried to say a loan was for the stadium. When it was actually used to pay players. Therefore the interest on the loan £2m counted towards psr.
@@lilbaz8073 there was no dishonesty,as evidenced in the statement from the appeal panel. They admitted they had made a mistake in law, when saying Everton were dishonest. And the fees we were charged for and appealed against, stating unforseen circumstances were for interest on the loan. Not the loan itself or it's purpose. The Premier league seemed to think that Everton should have foreseen Russia invading Ukraine, you know, the way everyone did, and should therefore not have been in business with Russian businessmen. Despite the Premier league having a very lucrative deal with Russian TV to televise their games in Russia, and taking cuts of the sponsorship by Gazprom. Funny that.
Simon summed it up correctly in my opinion. The analogy of a house with a mortgage is a good one. For an investor, you have to weigh up that debt servicing vs the potential of the stadium to generate money, the TV money, potential player sales, the academy producing players who can replace those sales & become saleable assets themselves. I think the sticking point is Moshiri not wanting to accept a big loss on his investment. As Simon says, there is no crisis but the situation of Moshiri staying on is less than ideal & makes any progress difficult.
With a good season under their belt & the move to Bramley Moor completed, they may well look like a better investment this time next year. It seems the finances will hold up until then, so no need to panic. Of course, to would be better to get a new, ambitious &, most importantly, competent owner in now to give the club direction, but it's nowhere near administration territory. The signings this window show that.
Yet still nobody has bought everton they could be in a financial mess with bad book keeping seen it before with bad owners
We have Naming Rights on the new stadium and other events apart from football planned for the future like concerts etc that will provide a lot of dollar.
In the future, yeah.
@@GilbertSyndrome We have a 200 year lease on that ground part of a bigger redevelopment that's going to have a new park as well as hotels, offices accommodation etc it's definitely a future attraction.
@@ROCKYBLUEDOGS I know, but there's a ways to go yet.
@@GilbertSyndromewe’ve also just agreed a landmark partnership with a world renowned food and beverage company to become a founding partner of BMD efc won’t be short of money come November like the expert predicts
@@Sutty0151 Good stuff on the horizon, but the here and now isn't clear.
If everton was rhis wonderful situation they would of been sold by now this has been a issue over a number of years now... everyone living in a dream world brushing off everton will be fine till a takeover is completed they're in trouble no club is too big to go down
Everton the surprise package this year. Decent window, kept Branthwaite, last year at Goodison park and then into our new home at the best ground in the country!
AI predicting us winning the champions league the following year so it’s definitely happening
Swigs bleach
Best ground in the country what are you smoking
@@craigshurmur6132 I swig bleach lad..
Have you seen Bramley Moore? Mate….. It’s Belter!! Beautiful 🤌🏽
Can’t wait to her Z cars and Spirt of the blues echoing down the Mersey!
Once we’re in there easily best ground in the League.
@@keepitchill9186 lad am a blue I love not far from our ground and the new one, it looks unreal where it is but spurs stadium is unreal coat over a bil. See what ours is like when we get in it il be back to comment after the first home game in there 😂🎉
@@keepitchill9186also I think we will have a good season 8th or there abouts
See Danny had to google how much Onana went for on his phone 😂
Why should he have known it off by heart? He's not an Everton fan boy. It isn't a premier league needle moving transfer.
@@danielwebb8402 It's his job you knob🤣
@@danielwebb8402 he should have a general knowledge of the premier league it’s his job. Not like the fee was hush hush
My name is Emmanuel from Ghana God bless you for your good work
Super Elite Jordanite = Top LAD Proper Clobber 💯 Facts
@@rogerdavies2796 Top LAD Proper Clobber 💯 Facts
Moshiri is just a nodding dog for usmanov who is the real owner
*was
@@McMonkeyfulstill is.
@user-jc1jl8lc3i Nope, assets were frozen because of the Ukraine war and that tap has been closed off. Spotlight was on Usmanov as well, that ship has sailed i reckon.
Irrelevant pointless contribution from Danny Murphy there. Jim White is desperate for Everton to be in trouble. He seems to be fueling an agenda for talksport viewers
Reporting on a story that has huge financial implications for one of the most historical clubs in the PL. Danny Murphy keeping quiet as this isn’t his area of knowledge.
Sounds to me you have an agenda against the lads at TalkSPORT mate.
That's what he does..
A shitstirrer
@@freddiegass6961tbf it’s literally Jim’s job to av the opposite view of Simon have u ever watched the show ?
I just think he needed to feel he was making a contribution while the adults were talking.
He called it a franchise 🥹
Danny not realising Everton paid £30m for Onana. He didnt arrive on a free!
@@rogerdavies2796 I have thought about it and its £20m less wages. So in essence its probably closer to £10m. Go you
Onana was only a bench Warmer any profit on him was good business
When you buy a player you can spread the cost over the length of the contract they sign but when you sell a player all the money counts on your books for that season so the 30 mil we paid is about 7mil and we got 50 so on the books it's 43million
@@markwinter9223not because he helped keep us in the league, think about it again.
@@rogerdavies2796 he had 30 appearances including subs he contributed nothing to efcs season but mostly warming a bench with his mate danjuma a massively overrated player
George and Andy???? Wham? 😅😂
Stefan Boresom.
I wish I had Danny Murphys job
Let them talk and get tired lol
Jordan all gob until stefan is sat in front of him and he goes all quiet.
'catapulted in to the top 4', hahaha they finished 4th place once in the Premier League, that was there best ever position. They are a traditional bottom half club
Under moyes they was a top 7 club consistently
Stick to Thai football and child brides mate.
Gomes high wages gone….over 100k a week….onana had high wages….playes we got in not on higher wages….,5 players in 2 loans 3 bought….Godfrey gone dobbin gone….just over 35 spend 60 million in…
Everton will probably get Man City's points deduction, brown envelopes rule at the Premier league headquarters, iam afraid City's are the fattest!
Simon Jordan please clear how Everton... Burn money and why they'll feel pressure around September /October
Moshiri is a. Fantastic owner and hopefully he stays at Everton for many more years to come
Wool
We killed kloppys send off at goodison when you lost the league lad jog on
Super elite Jordanite = top LAD Proper Clobber 💯 facts
Liverpool weren't in serious financial trouble till the banks seized them.
For the club it worked out fine. Not so much for the owners.
Borson and expert are two words that don't go together
This guy Borson is making a living out of talking complete shite.!!!
Wish Simon could sort a bid8
Simon spitting facts on Everton.
Billionaire Moshiri not in financial trouble - why is he the only one saying this?
Jim white talking shite again
Moshiri put a lot money in to Everton and made stadium possible the so called football geeeks who spent his money on overrated shite are to blame to coyb
Stefan isn’t anything of the sort. 😅
Hahahahahahahah “Financial FairPlay expert Stefan Borson.” Oh what joke. I bet city fans are the only ones who agree with that clown.
He's not wrong though
@@GilbertSyndromeHe’s been consistently wrong.
@@jamesytheblueFinancially, Everton are running on empty, mate. But believe what you like.
@@GilbertSyndromeAll I said was Borson has been consistently wrong. Apologies if that offends you. He said we were going to get a massive 2nd points deduction, which was untrue. He said our losses were much bigger than they turned out to be. He also said in April that we were heading into administration, which was also untrue.
He’s now saying that we’ll be fucked by mid-September. Come back then and we can chat about how wrong he is again.
@@jamesytheblue I'm not offended at all, mate, but I actually know what I'm talking about, believe me, and he's not wrong here. You've got massive problems with nonsense kit, budgets for areas being cut, staff shortages and people leaving left and right. That club can't function without it's gears, and the gears are coming off. They need a new owner with deep pockets, or it'll get worse before it gets better. You can take that from somebody in the know. Btw, he's talking about the club lacking money in September, October November and December... Which is true. They don't get the new money til January.
You guys are so back
Elon musk should buy the blues and name the stadium the TESLA stadium
Jordon has a Zyn or Nordic Spirit under his lip.
Simon’s a prick !!!….,..what was he like at running a club !!!!!
Nonsense.🤨 Fear not toffees this will all go away next season🙏 FFP doesn't apply in the championship 👍👍🙌
Can't tell weather your an Evertonian or not if not your a cretin
That’s probably something your tinpot club has experienced more recently than Everton 😂 🖕 😂 UTFT
Everton is a huge and historical club and hasn't been up to it for years. Moshiri really fucked them up! Bad ownership in various guises has ruined them for all of PL history.
We got fucked over before him by Peter Johnson, when the prem was created start of the 90s we didn't move with the times, we didn't expand internationally when a lot of other teams did, man u were not the team they were at the start of the premier league they built up abait with league titles etc, we stàgnated
Clown college for 5 yrs 😂😂😂😂😂,go to have ya back simon,show wasn't the same without you
Stefans useless. Is Simon speaking funny? Genuine question.
Has Simon invested in new teeth?
In what way...
I think he’d invested in a few gin and tonics here 😂😂
No he used debt
They cost 115 allegedly
If Everton have a new stadium, cant they sell the old ground/land?
I'm sure that was done years ago as part of the new stadium project. As soon as they move, Goodison will make way for whatever project is planned (housing of some description).
@@McMonkeyfulgoodison legacy project
Wouldn't be such a bad thing for Everton to get relegated at this point. It would drop the asking price for the club which might bring in more potential (and a better quality) of buyers. They'd also be able to shift some of the overpaid players inflating the wage bill. Parachute payments will keep them relevant and they come back up to the EPL with a new owner and able to make a fresh start.
Hahaha lad we'd never come back if we went down, you don't know what you're talking about.
@@MurphEfc Burnley always go down and come back up the next season, don't see why Everton who are a bigger club with better players couldn't. But you're entitled to your opinion mate.
@@gary83uk we would be another leeds if we went down mate, take us years to come back
@@MurphEfc Why?
The mindset over having a "nice, digital-ready/compliant" stadium was applied historically to BOTH Bordeaux and in a more relevant case, Coventry City, and look how that turned out.
Coventry never owned the stadium and had no rights of revenue. More like Oxford utd. Bordeaux was a basket case and probably closer to what could have been Everton if FM didn't have the brains to try to sell up. So again nothing like hence why you have zero likes. Probably just delete your comment and save the embarrassment
@@lennycook206 And he (Moshri) failed to sell the club, it's not about getting likes mate. Also, I don't delete comments, that's for cowards. Furthermore, my point was that having a nice fancy stadium is more of a burden and ripe for misery than keeping the old one. Owning it makes you a target for some unsavoury people, not owning it makes you very vulnerable and open for heinous outcomes when it comes to fighting the real owners, often the local council or worse, some vile private owner.
😑🤑🤑💙💙💙
Simon please buy everton we would love you in charge working with dychie
I'm a red but great shout he ain't got the dough tho lar
@@mattw456 efc is worth around 700m if anyone’s money. If Simon had that he wouldn’t sitting in studio for talk sport 5 days a week for like 2k mate.
I love how Simon becomes snide in his personal remarks when someone who understands football finance just as much as he does or another topic such as Eddie Hearn and boxing.
I really like Simon as 9/10 he calls it as he sees it and doesn’t get caught up in the hysteria that comes along but sometimes, just sometimes he needs to show a bit of class and stop with cheap personal shots.
I'm not his biggest fan, but he has low tolerance for bullshit, and Borson is a bullshit artist.
At 10% compounded, the debt doubles in 7 years. At 15% compounded, the debt doubles in less than 5 years! No wonder Jordan blew his money. lol
Hit the like button if u cannot wait for prem to start
Everton go down this season
At this stage, they HAVE to stay up, lest they end up like Coventry City. Even as a rival fan (LFC, "YNWA till I die!" and all that), the tale of SISU's deliberate mismanagement of Coventry City relating to the fancy stadium ownership infuriates me to this day on a moral level and a logical level.
With a bit of luck they do
No chance
By your profile pic looks like you go down on the regular you Nancy boy 😂
Unlikely. Without the points deduction last season they finish 12th. They appear to have kept hold of their prize asset in Branthwaite & have added some talent to attack with Lindstrom & Ndiaye. If they can bring in a striker they'll be closer to challenging for a European spot than they are to relegation.