Rich Toffee

Since there’s not much to write about with respect to their Prem progress, I guess I’ll write about their financial situation. Everton FC were the most profitable club in England last season.

Chelsea were one of only four clubs to be in the red - and Roman Abramovich’s losses were a staggering £140million in 2004-05 according to a Financial Times survey.

Everton outstripped Manchester United, Arsenal and neighbours Liverpool with profits of £23.5million but the encouraging news for the Premier League is that, excluding Chelsea, the other 17 clubs who have published figures made a combined £75million profit compared to a £27million loss in 2003-04.

Unfortunately, it’s almost all due to the Rooney sale.

(Wyness) said: “We would have to sell a Wayne Rooney every year for five years to consistently beat the big clubs in a table such as this.

In hopefully unrelated news, Everton has signed 17-year old striker Scott Spencer from Oldham Athletic. Spencer has been hailed as [gulp] “the new Rooney“. Surely, they wouldn’t sell him off after a year or two ~ ‘once a Blue, always a Blue’, right?

With young strikers like Spencer, James Vaughan and Victor Anichebe to work with, the Toffees may just put a few more into the back of the net next season. As a former Preston player and gaffer, Moyesie has been sniffing around young striker David Nugent, so who knows if we’ll see him on Merseyside one day. After ‘04-’05, you would have thought Moyes would understand that the club needs some firepower; if he doesn’t figure it out after this season, he ain’t never figuring it out.

Mike C

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