Gylfi Sigurdsson signs for Everton

[Japhet]

The shortcomings of Levy's tenure will be revealed in the coming months if this absurdity carries on.

Players like Lingard getting 100k, Zaha as already mentioned.

Can see us losing half the squad over the next few years if we don't dangle extra carrots.

And yet we're often told that we pay out impressive bonuses to compensate. No idea if this is true though.

 

[Trix]

And there doesn't seem to be any competition for him. Really confusing wage to offer him, unless he just didn't want to go there.

Perhaps his agent said if you are going to pay a declining Rooney 200k+ a week we won't be coming here for anything less than an obscene fortune ourselves.

 

[Wheeler Dealer]

seems like he is off to everton...

Hopefully

 

[Hoddle&Waddle]

Please pay attention...we broke our wage structure twice last season.

And we're still paying well below what some of our players could be making elsewhere, there's only so long we will get away with it.

I'm not bashing Levy as who knows what plans they have behind the scenes, they may well be looking to change the situation. But anyone with an ounce of common sense or logic can see it needs looking at.

 

[Shadydan]

And we're still paying well below what some of our players could be making elsewhere, there's only so long we will get away with it.

I'm not bashing Levy as who knows what plans they have behind the scenes, they may well be looking to change the situation. But anyone with an ounce of common sense or logic can see it needs looking at.

The players and their agents are/were well aware of how much they could make before they signed up so nothing has changed, just because some teams have decided to go ape shit and pay out stupid money doesn't mean that we should follow suit. What we should do and what we are doing is pay out sensibly and we should continue to do it not react when other clubs do it.

 

[Hoddle&Waddle]

The players and their agents are/were well aware of how much they could make before they signed up so nothing has changed, just because some teams have decided to go ape shit and pay out stupid money doesn't mean that we should follow suit. What we should do and what we are doing is pay out sensibly and we should continue to do it not react when other clubs do it.

Thats the thing though, its not "stupid money" what Everton have decided to pay Gylfi, its the market rate.

 

[Shadydan]

Thats the thing though, its not "stupid money" what Everton have decided to pay Gylfi, its the market rate.

That's not the going rate otherwise Christian Eriksen wouldn't have signed up for £75k a week, that's just another team unecessarily over-paying and not being sensible with their budget. The going rate will be dictated by the players who reject those contracts like the money we're paying Eriksen.

 

[Colonel Dax]

The players and their agents are/were well aware of how much they could make before they signed up so nothing has changed, just because some teams have decided to go ape shit and pay out stupid money doesn't mean that we should follow suit. What we should do and what we are doing is pay out sensibly and we should continue to do it not react when other clubs do it.

It's not ape shit though, it's the new reality. With the massive increase in TV revenue, turnover at all PL clubs has increased sharply and therefore they are now paying the 'market rate'. THFC wage to turnover ratio is comparatively quite low. We could comfortably increase our overall wage spend without getting into financial trouble.

 

[Shadydan]

It's not ape shit though, it's the new reality. With the massive increase in TV revenue, turnover at all PL clubs has increased sharply and therefore they are now paying the 'market rate'. THFC wage to turnover ratio is comparatively quite low. We could comfortably increase our overall wage spend without getting into financial trouble.

I don't know where this comes from, how do people know that we could comfortably increase our wage structure? I'm actually really intrigued because as far as I know we are about to be in masses of debt due to the stadium we have to pay off, surely then that hinders our spending no?

 

[shelfboy68]

It's not ape shit though, it's the new reality. With the massive increase in TV revenue, turnover at all PL clubs has increased sharply and therefore they are now paying the 'market rate'. THFC wage to turnover ratio is comparatively quite low. We could comfortably increase our overall wage spend without getting into financial trouble.

We could but we won't and that is the reality.

 

[doctor stefan Freud]

Perhaps his agent said if you are going to pay a declining Rooney 200k+ a week we won't be coming here for anything less than an obscene fortune ourselves.

I do wonder if there's a danger that Rooney becomes a massive albatross for Everton. Bloated wages, over the hill, expectations to play a pivotal role in a team full of younger, more mobile players.

 

[allatsea]

It's not ape shit though, it's the new reality. With the massive increase in TV revenue, turnover at all PL clubs has increased sharply and therefore they are now paying the 'market rate'. THFC wage to turnover ratio is comparatively quite low. We could comfortably increase our overall wage spend without getting into financial trouble.

You are getting over excited because of reported wage figures for Sigurdsson etc but have no way of knowing if they are even remotely accurate. You then compare that old wages figures paid by Spurs without knowing what has changed in the past season (since the last set of accounts were published). I don't believe we can be so far out of line with the market rate because if we were the whole first team squad would be agitating for moves.

 

[Colonel Dax]

I don't know where this comes from, how do people know that we could comfortably increase our wage structure? I'm actually really intrigued because as far as I know we are about to be in masses of debt due to the stadium we have to pay off, surely then that hinders our spending no?

The club will obviously be more cautious, but long term stadium loans should not have a significant impact on salary expenditure.

The increase in PL club turnover over the last couple of years due to increased TV money is quite remarkable in itself, but the rate of increase in THFC turnover is even more remarkable. In 2016 we had the 12th highest sales turnover in world club football and in 2017 revenue has increased markedly still further. Our wage to turnover ratio of 48% is low in comparison to our rivals. A modest bump in overall wage expenditure will not cripple our finances IMO.

 

[Hoddle&Waddle]

You are getting over excited because of reported wage figures for Sigurdsson etc but have no way of knowing if they are even remotely accurate. You then compare that old wages figures paid by Spurs without knowing what has changed in the past season (since the last set of accounts were published). I don't believe we can be so far out of line with the market rate because if we were the whole first team squad would be agitating for moves.

Right now I think most of the players are buying into Poch and his project. But I think you'd agree Ali, Kane, Eriksen (to name a few) could all earn up to 50% more elsewhere pretty easily. I just think we should be looking to close that gap a bit before we end up with more Walker situations.

 

[Shadydan]

The club will obviously be more cautious, but long term stadium loans should not have a significant impact on salary expenditure.

The increase in PL club turnover over the last couple of years due to increased TV money is quite remarkable in itself, but the rate of increase in THFC turnover is even more remarkable. In 2016 we had the 12th highest sales turnover in world club football and in 2017 revenue has increased markedly still further. Our wage to turnover ratio of 48% is low in comparison to our rivals. A modest bump in overall wage expenditure will not cripple our finances IMO.

But we are bumping them up though aren't we? Lloris and Kane are on over £100k a week, Alderweireld will follow next on a similar amount and it wouldn't surprise me to see Dele Alli given a similar amount in the next 12 months, that's how we've always done things and it's working for us thus far. How many players have left in the last fe years over money, I can't think of any which means they're probably content with what they are getting paid for now.

What I suspect people want is for us to give players a 200% increase on their current wage which is a bit ridiculous seeing as a) no-one deserves a 200% increase just because other teams are doing it and b) that doesn't leave much room for negotiation if we want to further increase their wage in the future. Our turnover in that respect means that the higher it is, the quicker we can pay off for a new stadium and stay competitive at the same time which is what we're doing now.

We as a club air on the side of caution with our revenue but there's a good reason for that and if there isn't any current problems with the wage structure then there's no need to take drastic measures to change it.

 

[Hoddle&Waddle]

But we are bumping them up though aren't we? Lloris and Kane are on over £100k a week, Alderweireld will follow next on a similar amount and it wouldn't surprise me to see Dele Alli given a similar amount in the next 12 months, that's how we've always done things and it's working for us thus far. How many players have left in the last fe years over money, I can't think of any which means they're probably content with what they are getting paid for now.

What I suspect people want is for us to give players a 200% increase on their current wage which is a bit ridiculous seeing as a) no-one deserves a 200% increase just because other teams are doing it and b) that doesn't leave much room for negotiation if we want to further increase their wage in the future. Our turnover in that respect means that the higher it is, the quicker we can pay off for a new stadium and stay competitive at the same time which is what we're doing now.

We as a club air on the side of caution with our revenue but there's a good reason for that and if there isn't any current problems with the wage structure then there's no need to take drastic measures to change it.

200%??? Now your just trying to sensationalise things. 25% would bring our top proven performers closer to what they could achieve elsewhere IMO.

 

[Colonel Dax]

But we are bumping them up though aren't we? Lloris and Kane are on over £100k a week, Alderweireld will follow next on a similar amount and it wouldn't surprise me to see Dele Alli given a similar amount in the next 12 months, that's how we've always done things and it's working for us thus far. How many players have left in the last fe years over money, I can't think of any which means they're probably content with what they are getting paid for now.

What I suspect people want is for us to give players a 200% increase on their current wage which is a bit ridiculous seeing as a) no-one deserves a 200% increase just because other teams are doing it and b) that doesn't leave much room for negotiation if we want to further increase their wage in the future. Our turnover in that respect means that the higher it is, the quicker we can pay off for a new stadium and stay competitive at the same time which is what we're doing now.

No I don't think people are suggesting we give the players a 200% increase in wages. I'm certainly not.

You're right to say our approach has been effective thus far but IMO the next 12 months will severely test this. Walker could depart soon for riches elsewhere and this time next year other players could follow. Obviously it's speculation at this stage, but I don't think anyone can be confident our players will stay indefinitely because of the "Poch project". Eventually, a combination of not winning trophies and being underpaid in comparison with players at other clubs will make them restless.

 

[Shadydan]

200%??? Now your just trying to sensationalise things. 25% would bring our top proven performers closer to what they could achieve elsewhere IMO.

Yes maybe but a 200% increase represents what are players could easily earn elsewhere, that was my point.

Okay put it this way,how much would Walker earn if he's on £70k a week now, 25% would bring him up to £87.5k which still isn't enough especially when City are offering £150k which is over a 100% increase, not 200% but a significant amount.

 

[scottlag10]

The club will obviously be more cautious, but long term stadium loans should not have a significant impact on salary expenditure.

The increase in PL club turnover over the last couple of years due to increased TV money is quite remarkable in itself, but the rate of increase in THFC turnover is even more remarkable. In 2016 we had the 12th highest sales turnover in world club football and in 2017 revenue has increased markedly still further. Our wage to turnover ratio of 48% is low in comparison to our rivals. A modest bump in overall wage expenditure will not cripple our finances IMO.

Modest? What 5%? eg £100k to £105k, 10% £110k, 15% £115k ,etc. is that going to make the difference between staying or going?!

 

[Hoddle&Waddle]

Yes maybe but a 200% increase represents what are players could easily earn elsewhere, that was my point.

Okay put it this way,how much would Walker earn if he's on £70k a week now, 25% would bring him up to £87.5k which still isn't enough especially when City are offering £150k which is over a 100% increase, not 200% but a significant amount.

It's not going to be enough in every case, but may be enough combined with the 'project' to keep the majority happy with the premise we are moving forward.