Takeover

[Kit Kat Chunky]

Mate, please please don’t think nothing is happening as we haven’t signed anyone. We can’t, our wages at the moment are far too high. The game has changed significantly and we won’t be spending our way out, we can’t, no one can

Thanks, i think we're all aware of the financial issues.
Your missing the point if new money is coming into the club then we will certainly be looking to bring a couple of new faces in - could be loan with options to buy who knows.

It’s been done to death but if we’re brought tomorrow by an oil Barron worth 500 billion it won’t make a fat lot of difference to our January plans, FFP will put paid to that

This summer we can have a reshuffle and we’ll have new owners at the helm, Jan we should be bringing 2 loans in all being well, that’ll be it

Takeover close, very close

Cuzer

Could prospective new owner 'purchase', say, our training facilities, or even our stadium, thus giving us a huge income boost? Even so, would this count as a positive regarding FFP?

No, because we’d have to rent them back on arms length terms, which just stores up future problems by increasing our annual outgoings. 

It’s also a very slippery slope when a club doesn’t own its own ground or training facilities. 

We just need to significantly cut our wage bill - simple as that. It’s unsustainable.

Villa did the traing ground trick. Everton's training ground is owned by 3rd party and let at market rent. If you valued it at £10M (pure guess) then your rent would be £600K - £800K p.a. using 6%-8% yield.