I agree with those who think we should eat a points deduction & try & keep JB.
It would be premature to sell JB with new owners on the horizon & a softening of PSR possible because of City's actions & other clubs facing penalties too. Everton should wait to see how things pan out. Forest & Leicester will likely be in the same boat.
(We might not be able to sell Onana in June because he is in the Belgium squad - seems like some kind of rule?)
Whilst DCL is really important, if he isn't going to sign a new contract, then we have no choice but to sell him. A sale by June 30th for £25m would produce a reasonable trading profit.
Don't forget the profits on player sales we locked in August 2023: Iwobi (I estimate £16m PSR profit), Gray (£7m), Simms (£3m), Samuels (£5m), Cannon (£6m) = £37m
So, back of the envelope PSR calc:
T/O = £180m (higher league placing)
*Less*
Wages = £151m (lower after 2023 exits)
Opex = £37m
Interest = £23m (not related to stadium)
Player Amorts = £75m
*Add*
Profit on player trading before June 2024 sales = £37m
Total Loss 2023/2024 = -£69m
Prior 3 years PSR Losses:
T= £69m
T-1 £62.8m
T-2 = £3.9m* (*subject to interest revision)
=£135.7m. As is, this is a 3pt deduction plus 4-5 pts for a significant breach (remember, has to be below a 9pt deduction for administration). Starting point a 7-8pt deduction.
Then add back 1pt for admission upfront & 1-2pts for T-2 and T-1 having already been punished (and making up 49% of the loss) and you are looking at a net 4-5 pt deduction, I think, before June sales.
Possible Sale of DCL by June 30th = £25m (profit £25m) brings total loss down to £110m, which would be a 3pt deduction. But deduction maybe as low as 1 POINT for early co-operation & more than 50% of the loss being from T-1 and T-2 which were already punished.
This analysis is extrapolated from the IC decision on our 2pt deduction.
If it does pan out this way, Everton will have been hit with a THIRD PSR charge in TWO YEARS, whilst building a stadium.
City = nil and Chelsea seem to be getting away with any charges by exploiting a loop hole.
No independent regulator on the horizon, so I hope Burnham & 17 Labour MPs can take time out of election campaigns to once again lend their support. We need them.
#EFC
#Everton
@vinerbrian We have to accept where we are, we have to grow from a low base, we have to accept that it will take a decade or more to crash the top 6, but we have to remember we are Everton, we will never be a championship side, at worst we are perennial survivors, we are Everton. #UTFT#EFC