Did anyone read the alarming news that the last year saw Everton record a loss of ?10 million, and that players wages now account for a staggering 64% of turnover? After selling off everything there is to sell, the club have now sold the lease on Finch Farm, which they have leased back, in order to pay for the long delayed academy. With such staggering losses, which mean the club is somewhere near ?50 million in debt, it is refreshing to see that the man responsible for guiding the club, CEO Keith Wyness, was rewarded with a staggering 154% pay rise. With all the reports of the club debts out in the open, I find it truly amazing that no journalists have thought "Hang on a minute, how can they afford a new stadium"? Anyone got any thoughts on this? It's far more interesting than the propaganda that comes out every now and again, telling us all how a new stadium is going to wipe out the debts, and ensure that we are the first club in Kirkby to play in the UEFA Champions League.
Don't think it's too much of a problem myself. We paid out around ?13 million for Andy Johnson and Joleon Lescott this year, and we haven't had much in the way of large transfer fees (Wayne Rooney). The club is slowly but surely moving forward on and off the pitch. The Shite were in debt ?80 million and they found the finances or some of the finances for a new stadium. Even though they're being taken over by a bunch of Arabs. As I say, things are getting better slowly but surely and Keith Wyness is one of the main driving forces of the club now. There's more than we think going on in the back rooms of Everton FC. The stadium will/should kickstart our football club once again. And best of all, we won't have to pay as much as everybody thinks.
yer everton are slowly progressing into a strong team. With Keith Wyness at the helm, i can see Everton in the champions league very soon.
