D
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He's using legal figures, so probably about 90k over.100k????????
Jesus Christ.
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He's using legal figures, so probably about 90k over.100k????????
Jesus Christ.
He's using legal figures, so probably about 90k over.
He's using legal figures, so probably about 90k over.
My point and the reason for the direct comparisons with United are threefold.
Firstly the fans have paid a huge financial price for the way the Glazer takeover was structured. I have the data but cannot access it currently demonstrating the rise in ticket prices etc relative to other clubs during the Glazer reign. As a result the fan demographic has changed even more so than the rest of the Premier League.
Secondly, given the gross resources available to United it can be argued that they have under-achieved on a relative basis because so much of the resources available to the club have gone to bankers, lenders and other advisors.
Thirdly United as you mention were in a very strong position financially at the time of rhe takeover and had to be to support the amount of borrowing undertaken. We are nowhere near as strong, and for the forseeable future are almost entirely reliant upon the growth in broadcasting revenues for revenue growth. Any change in our Premier League status would make the club hugely vulnerable. The risk levels associated with a heavily indebted Everton (in a leveraged buy out) are considerably higher than they ever were at United.
*bites tongue*I reckon there are 2 scenarios, 1 we sell in current circumstances and get reamed, 2 Bill's situation catches up with him, the negotiations and decisions are left with someone else and we get royally reamed.
It's always fun being a blue
We'll be ok, Bill has the club's best interests at heart.See Charlton were out in force today protesting about there new owners, got themselves a takeover, something we all want, and now they are proper stuffed. Another name to add to the list of teams who forgot to be careful what they wished for.
*bites tongue*
I have a more positive spin...that anyone else reaming us is better than the slow ream of death we are currently living under the incumbent reamers....
Edit. Good times are coming for the Everton FC
My opinion on this current situation, not worth the thin air it's written on, is any interested parties around now, have enquired in the past about the club.
The tanned one's spat with fat Joe recently exposed the beginning of the end of WHP development, an opportunity that wouldn't come around again, in business terms this is a one off chance and LCC cannot legally do anymore to help. From that I reckon the club re-contacted past enquirers in the hope of getting LCC back on side in regards to WHP.
Because of the desperation of the situation the attracted 'psrties' are not from the appropriate shelf but from the less desirable shelf a few layers down. They will be calling the shots. Bill's desire or need to cut and run, alongside Earl's actualisation of his investment are the only driving forces on the club's side. If anyone is still of the opinion that the interests of the club are at the heart of this then they should wake up and eat raw coffee.
I reckon there are 2 scenarios, 1 we sell in current circumstances and get reamed, 2 Bill's situation catches up with him, the negotiations and decisions are left with someone else and we get royally reamed.
It's always fun being a blue
Embrace change people. We will be better for it in the long term. This past couple of decades of decay needs to end.