New figures have revealed that despite being 11th on the list of the top players wages paid by football clubs in 2012, Everton are actually only 16th on the list of Net Spend by Football clubs since 2006 in research conducted by Sport Magazine
Even more worrying for Everton fans is the fact that 2 clubs that are below Everton are Arsenal in bottom place on minus £40m; who’s player sales include Robin Van Persie (£29m), Alex Song (£15m), Cesc Fabregas (£35m), Samir Nasri (£22m), Emmanuel Adebayor (£25m), Kolo Toure (£16m) and Alexander Hleb (£11.8m), yet have still managed to spend over £184m on players in that time. Also below Everton are Newcastle on minus £8m (£8m profit) who’s player sales include Jose Enrique (£6.3m), Andy Carroll (£35m), Sebastien Bassong (£10m), Obafemi Martins (£9m), James Milner (£12m), Shay Given (£8m), Charles N’Zogbia (£6m), Kieron Dyer (£6m) and Scott Parker (£7m). Newcastle have spent well over £128m in this time.
The other 2 clubs that are below Everton in this table are Wigan (minus £5m) and Reading (minus £8m). Everton Norwich, who have spent much of the time in the lower league have spent £10m net spend.
Looking at Evertons spend since 2006. They have sold £87m worth of players including Jack Rodwell (£15m), Andy Johnson (£10.5m), Joleon Lescott (£23m), Mikael Arteta (£10m), yet have only spent £89m on players, which is over £100m less than Arsenal and £30m less than Newcastle, despite Newcastle suffering relegations in that time.
Wigan in this time have spent over £74m on players, which is only £15m less than Everton in this time, despite being a much smaller club in terms of Fanbase, History and stadium size. Infact even Stoke have spent £92.5m despite spending the first 2 seasons of this report in the Championship, having a much smaller capacity stadium and raising less in player sales.
Looking at the above figures, it seems clear that firstly, David Moyes has done a tremendous job in stabalising the club and secondly, the club is being severely mismanaged financially and making a loss, despite only spending £2m net in player sales since 2006.
What are your thoughts on the current goings on at Everton? Have your say on www.theevertonforum.com