Arsenal v Everton: the stadium and the form
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Everton’s last trophy was the FA Cup win in 1995. Their league form in recent seasons has shown steady decline: 7th, 8th, 8th, 12th, 10th, 16th. And behind this decline, Everton has been trying to build a stadium – or maybe that should be “trying to raise the money to build a stadium”.
Indeed they have been working at getting the funding (thought to be about half a billion pounds) for three years. They’ve got JP Morgan and the biggest bank in Japan MUFG working on it, but it seems that the money is still not there.
And yet seemingly the building work is going ahead – without all the money in place – which is unusual. What normally happens is that the debts are refinanced part way through when lenders who lend on less risky projects at lower rates can see that the project is actually happening, and so are willing to lend.
So building without all the capital in place is therefore unusual, and building such a challenging project as the one Everton are trying in these circumstances is probably unprecedented. But they have put out a video on the subject this month… perhaps to reassure fans, perhaps to reassure investors or maybe to attract some more.
And also maybe that is to detract from their league position
Worse still, it is not as if matters on the pitch are improving of late for Everton as in the last 10 games table they are even lower so the trajectory is down. Arsenal incidentally have climbed back into the top four when the last 10 games are measured but Everton’s recent form is pretty awful.
It is not surprising that with the cost of the stadium still to be worked out fully, Everton have not been investing in the team, and Transfermarkt state that although Everton have spent €78.20m on transfers this season, their income from sales is €103.60m.
This compares to the spending in January alone by the ten most active clubs Chelsea as we know went bonkers and spent £546m. Arsenal were in fourth place in terms of net spending with £171m, but even the clubs expected to be threatened with the drop spent money: Leeds spending £130m, Wolverhampton £158m, and Nottingham Forest £164m.
The fact is stadia cost huge amounts of money and as Arsenal found, such a project is bound to impact on the club’s finances – as indeed Arsenal found.
Moving on to the home and away figures, Arsenal’s home position is not quite as good as one might imagine although Arsenal are actually doing better than Tottenham in terms of points gained per game. It is just that they have played two more home games than Arsenal.
Home Games Only
Everton away however really are pretty poor.
|18||West Ham United||12||1||3||8||7||16||-9||6|
Pulling these figures together however the difference is enormous. Arsenal have scored 4.5 times as many goals as Everton, although the defence has not been that clever in comparison. This suggests that Everton will probably get one goal but Arsenal ought to get three or four.
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2 Replies to “Arsenal v Everton: Everton’s finances and the form”
I hope that we can overcome the expected referee approach, which will not restrict the well-established Dyche formula of roughing-up more skilful appointments. Expect Saka to be booked again for objecting to being kicked.
The Leicester game seems to provide evidence that the Webb apology after the Brentford game is of no value and that the PGMOL will continue to tilt the pitch against Arsenal.
An early goal would help!
I’m sure the figures in the tables are accurate. Re tomorrow’s match, you see Everton scoring one goal and Arsenal four or five. Seems optimistic to me. I think it’s a home win but I’m mindful that they kept a clean sheet in the reverse fixture three weeks ago.