Viral Comment: Everton FC For Sale?

Everton CEO Robert Elstone recently claimed “there are no unreasonable conditions on the sale of Everton.”

Yet, with Aston Villa and West Brom apparently on the verge of changing hands, the endless question of whether Everton Football Club genuinely is for sale remains unanswered.

 

Viral Comment: Everton FC For Sale?

Viral Comment: Everton FC For Sale?

Recent news of both Aston Villa and West Bromwich Albion owners being in an advanced stage of selling their respective Premier League football clubs, raises another question:

If the major shareholders of the club are genuinely and actively seeking interested parties, without
implementing any unreasonable or restrictive conditions, how is it that clubs such as Aston Villa and
West Brom can seemingly be more attractive to buyers than Everton?

The following financial breakdown would suggest any difficulty in selling Everton Football Club
lies not in the numbers:

Club: Aston Villa
Status: For Sale. Preferred interested party given exclusivity to undertake due diligence (almost completed).
Asking Price: £150 million
Stadium: Villa Park
Capacity: 42,682
Total Revenue: £117 million
Match Day Revenue: £13 million
Commercial Revenue: £22 million
Wage Bill: £69 million (59%) Squad Value: £79.9m
Profit (Loss) Before Tax: (£4 million)
Net debt: £102 million
Interest Payable: £1 million

Villa Park

Club: West Bromwich Albion
Status: For Sale. Due diligence completed, interested party now in advanced talks on price.
Asking Price: £150 million
Stadium: The Hawthorns
Capacity: 26,850
Total Revenue: £87 million
Match Day Revenue: £7 million
Commercial Revenue: £11 million
Wage Bill: £65 million (75%) Squad Value: £38.3m
Profit (Loss) Before Tax: £13 million
Net Debt: £2m
Interest Payable: Nil

The Hawthorns

Club: Everton
Status: Unknown
Asking Price: Unknown
Stadium: Goodison Park
Capacity: 39,572
Total Revenue: £121 million
Match Day Revenue: £19 million
Commercial Revenue: £12 million
Wage Bill: £69 million (57%) Squad Value: £95.7m
Profit (Loss) Before Tax: £28 million
Net Debt: £28 million
Interest Payable: £5 million

Goodison Park

So, the questions remain: Is Everton Football Club really for sale?

Are the major shareholders of the club genuinely and actively seeking interested parties?

And, If they are, how can the likes of Aston Villa and West Bromwich Albion be in the advanced stages of selling while the current custodians of Everton Football Club have seemingly failed to get past first base in 16 years?

With the reticence of the local and national press to question Everton’s hierarchy, and the club publicly claiming there are no restrictions placed on any would be interested parties, speculation of whether Everton genuinely is for sale will only continue.

The only conclusions can be: Either those charged with selling the club have been, and continue to be, totally incompetent – or – Everton Football Club is not for sale.

 

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