The Esk
Player Valuation: £70m
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BoysInBlue
Player Valuation: £50m
Live updates on the Echo site:
http://www.liverpoolecho.co.uk/sport/football/football-news/live-goodison-park-everton-tv-9090834?
Love the fact that Joe Beardwood (an independent but highly qualified football finance expert) is doing a talk on the finances that essentially is highly critical of the club.... from actually inside Goodison.
Can you imagine another club allowing (or being oblivious, in Everton's case) to something like that?
http://www.liverpoolecho.co.uk/sport/football/football-news/live-goodison-park-everton-tv-9090834?
So far, Joe has said that if Barkley would have had a good season, he'd have probably been sold, and that Everton's club generated income hasn't changed at all in the last decade. And the new tv deal doesn't improve our standing, as the other 19 clubs all get money too.
It's not exactly breaking news any of this, but interesting none the less.
Check out the link, it keeps updating.
http://www.liverpoolecho.co.uk/sport/football/football-news/live-goodison-park-everton-tv-9090834?
Love the fact that Joe Beardwood (an independent but highly qualified football finance expert) is doing a talk on the finances that essentially is highly critical of the club.... from actually inside Goodison.
Can you imagine another club allowing (or being oblivious, in Everton's case) to something like that?
http://www.liverpoolecho.co.uk/sport/football/football-news/live-goodison-park-everton-tv-9090834?
So far, Joe has said that if Barkley would have had a good season, he'd have probably been sold, and that Everton's club generated income hasn't changed at all in the last decade. And the new tv deal doesn't improve our standing, as the other 19 clubs all get money too.
It's not exactly breaking news any of this, but interesting none the less.
Check out the link, it keeps updating.
First question I'd ask is who is paying for this fella to do the talk, as speakers like this don't come cheap. He'll be staying in the Hilton with all his ex,s paid no doubt.
Secondly, why would you invite an expert in to highlight the inefficiency of the club and do it in a public arena ?,
Strange, but nothing our board does or doesn't do surprises me anymore .
Secondly, why would you invite an expert in to highlight the inefficiency of the club and do it in a public arena ?,
Strange, but nothing our board does or doesn't do surprises me anymore .
BoysInBlue
Player Valuation: £50m
Think the EFC Shareholders Association invited him as a guest speaker. Don't think the club had anything to do with it.
He's been knocking around before. He used to do breakdowns of the clubs accounts on Toffeeweb in articles such as this, covering the 2013 accounts: http://toffeeweb.com/season/13-14/comment/fan/26701.html
davek
Player Valuation: £150m
Joe: "Challenge for clubs like Everton, Aston Villa and New is to resist demands of supporters to risk the long-term investment in the infrastructure of the club by allowing wages to go above 70% of operating costs"
Yes, but keeping it below 70% wont mean infrastructure investment at this club. Maybe he hasn't noticed?
I can see why this talk is in Goodison now, tbh. Music to the misers' ears.
Yes, but keeping it below 70% wont mean infrastructure investment at this club. Maybe he hasn't noticed?
I can see why this talk is in Goodison now, tbh. Music to the misers' ears.
BoysInBlue
Player Valuation: £50m
This is off the Everton Shareholders Association website:
http://www.efcsa.org/2015/04/01/evertons-finances-and-the-new-tv-deal-a-shareholders-forum/
ALL Evertonians are welcome to attend.
April 21, 2015 – The People’s Lounge, Goodison Park from 7pm for a 7:30pm start.
In the latest of our series of Shareholders’ Forums Joe Beardwood will be presenting on the impact that the latest Premier League TV Deal could have on Everton. He’ll explain the numbers, shares and mechanisms behind the new deal which reinforces English football’s position as the most watched and richest football league in the world.
Joe will address the question;
“Does this mean the end of Everton’s financial pressures or create even greater pressure in the years to come?”
The Forum is free for existing members of the Shareholders’ Association although a nominal charge, for refreshments, will be applied to non-members.
Free parking will be available for all at the Park End.
If you expect to attend, and to help us with our planning, please contact hon.secretary@efcsa.org
Note:
Joe Beardwood now works as a Management Consultant and as a Non-Executive Director for several UK companies. He started his career as a Management Accountant trainee with Unilever before moving to Mars / Pedigree Pet Foods and then on to PepsiCo New York. He was Managing Director of Holsten when the sponsored Spurs, Sales Managing Director at Bass Brewers when Carling became Premier League Sponsors and eventually worked as Group Chief Executive of the Co-Operative Group Commercial Division in Manchester.
http://www.efcsa.org/2015/04/01/evertons-finances-and-the-new-tv-deal-a-shareholders-forum/
ALL Evertonians are welcome to attend.
April 21, 2015 – The People’s Lounge, Goodison Park from 7pm for a 7:30pm start.
In the latest of our series of Shareholders’ Forums Joe Beardwood will be presenting on the impact that the latest Premier League TV Deal could have on Everton. He’ll explain the numbers, shares and mechanisms behind the new deal which reinforces English football’s position as the most watched and richest football league in the world.
Joe will address the question;
“Does this mean the end of Everton’s financial pressures or create even greater pressure in the years to come?”
The Forum is free for existing members of the Shareholders’ Association although a nominal charge, for refreshments, will be applied to non-members.
Free parking will be available for all at the Park End.
If you expect to attend, and to help us with our planning, please contact hon.secretary@efcsa.org
Note:
Joe Beardwood now works as a Management Consultant and as a Non-Executive Director for several UK companies. He started his career as a Management Accountant trainee with Unilever before moving to Mars / Pedigree Pet Foods and then on to PepsiCo New York. He was Managing Director of Holsten when the sponsored Spurs, Sales Managing Director at Bass Brewers when Carling became Premier League Sponsors and eventually worked as Group Chief Executive of the Co-Operative Group Commercial Division in Manchester.
BoysInBlue
Player Valuation: £50m
I take your general point, but infrastructure investment doesn't have to mean solely investment in the playing staff.
Infrastructure investment could be investment into, say, the stadium. Which of course doesn't happen.
davek
Player Valuation: £150m
That's my point: savings on playing side never result in infrastructural improvements.
Beardwood is asking us to believe that these gangsters should be allowed the latitude to cut back on wages (effectively) in order that they can add stadium redevelopment.
What experience is he drawing on that this lot would make that a reality?
BoysInBlue
Player Valuation: £50m
Bloody hell....
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Joe, who is an Evertonian incidentally, is asked for his personal view on investment at the club
He is talking about when he was at Holsten and the sponsored Spurs. "I was desperate to move that sponsorhsip to Everton. I met with our media agecy in London but got a deck v thick as to why we cant inevst in Everton. The main things were a) they are not a corporate club b) they don't need a new stadium
The big commercial companies having boxes is what's important, he says, "that's not this club." Everton, he says, is essentially THE most "working-class" club in the Premier League.
He's saying the people who have boxes at Goodison are "local guys made good who can afford to invest in their club - not Vodafone, BT and Mercedes"
Joe feels that Everton don't need a new stadium.
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So Holsten wouldn't move their sponsorship to Everton because we weren't big enough!
And we should take pride in being paupers.
And we don't need a new stadium??? Joe's contradicting himself massively here.
And the killer quote:
He says: "One of the big problems, Bill used the phrase for years "I'm looking for investment" but he's not looking for investment he's looking for donations."
----------------------------------
Joe, who is an Evertonian incidentally, is asked for his personal view on investment at the club
He is talking about when he was at Holsten and the sponsored Spurs. "I was desperate to move that sponsorhsip to Everton. I met with our media agecy in London but got a deck v thick as to why we cant inevst in Everton. The main things were a) they are not a corporate club b) they don't need a new stadium
The big commercial companies having boxes is what's important, he says, "that's not this club." Everton, he says, is essentially THE most "working-class" club in the Premier League.
He's saying the people who have boxes at Goodison are "local guys made good who can afford to invest in their club - not Vodafone, BT and Mercedes"
Joe feels that Everton don't need a new stadium.
-----------------------------------------------------------------
So Holsten wouldn't move their sponsorship to Everton because we weren't big enough!
And we should take pride in being paupers.
And we don't need a new stadium??? Joe's contradicting himself massively here.
And the killer quote:
He says: "One of the big problems, Bill used the phrase for years "I'm looking for investment" but he's not looking for investment he's looking for donations."
davek
Player Valuation: £150m
Beardwood: we need more corporate boxes not a new stadium.
This all sounds very old fashioned now, tbh: a corporate head (which is what Beardwood is) preaching some gospel about trickle down economics to a football fanbase when it's pretty much a junk philosophy getting panned in the rest of society right now...including in this election campaign.
This all sounds very old fashioned now, tbh: a corporate head (which is what Beardwood is) preaching some gospel about trickle down economics to a football fanbase when it's pretty much a junk philosophy getting panned in the rest of society right now...including in this election campaign.
BoysInBlue
Player Valuation: £50m
Yep.
He's killed all his credibility in one fell swoop by declaring that he thinks we don't need a new stadium.
We absolutely blatantly do. We've sold out more games this season than for any season since the 1980s. Some of that is down to the high number of season tickets but the demand for the club has clearly grown.
Yes we need more corporate boxes - in A NEW STADIUM!
BoysInBlue
Player Valuation: £50m
Joe is now saying the one killer question, begging to be asked, is "How much is Bill asking for Everton?"
Joe: "The truth is he doesn't want to sell. He's a wonderful Evertonian. His heart is completely in the right place. but it's been like having my dad, who is a docker, in control....deep down he doesn't want (to sell)"
"Doug Ellis didn't want to sell Aston Villa...it was only when he fell ill that he did" says Joe
RE the proposed Kirkby stadium move in 2009 - "Don't break sweat," I told people, "It will never happen. The moment they got asked for a down payment it wasn't going to happen." Says Joe.
Joe: "Bill would put every last penny the club has available into transfers and wages. He'd give the manager the last 5 pounds. But what he's not done is impose a salary cap...explain to the fans why we'd be a net seller."
"There has never been a business plan at Everton. A lot of emotion..a lot of good people....But it can't just be about this whole model that's been created, it can't just be about winning trophies."
---------------------------
If I'm reading that last bit correctly, now he's bemoaning that Kenwright isn't more like Ashley in being a hard-headed businessman.
Joe: "The truth is he doesn't want to sell. He's a wonderful Evertonian. His heart is completely in the right place. but it's been like having my dad, who is a docker, in control....deep down he doesn't want (to sell)"
"Doug Ellis didn't want to sell Aston Villa...it was only when he fell ill that he did" says Joe
RE the proposed Kirkby stadium move in 2009 - "Don't break sweat," I told people, "It will never happen. The moment they got asked for a down payment it wasn't going to happen." Says Joe.
Joe: "Bill would put every last penny the club has available into transfers and wages. He'd give the manager the last 5 pounds. But what he's not done is impose a salary cap...explain to the fans why we'd be a net seller."
"There has never been a business plan at Everton. A lot of emotion..a lot of good people....But it can't just be about this whole model that's been created, it can't just be about winning trophies."
---------------------------
If I'm reading that last bit correctly, now he's bemoaning that Kenwright isn't more like Ashley in being a hard-headed businessman.
USABlue
Player Valuation: £70m
this is the point I was trying to make about transfer fees in other discussions on here. People say things like " we have money now we should be able to buy better players (which is true to an extent) but as you said every club is getting this extra money so everyone will be able to offer the same or better fees/wages as we are. What the TV money does is just make us more financial stable (hopefully)