Steve Walsh - no longer our Director of Football

[bitter-no-better]

Steve walsh anyone?

 

[AndyGray]

Probably but there's a reason his shares are just short of 50%. I suspect whatever the agreements state the club is in a transitional period where Moshiri is happy to proceed as normal however he also the power under certain circumstances to take control. We don't know what those circumstances are but I doubt Bill hasn't protected himself either. At the moment it's irrelevant because they both seem to be on the same page.

I agree. IMO it's a planned transition - and it seems to be working well so far.

 

[caught]

I fail to see how your experience has any relation to my comment that relates to a competently run company

As opposed to you incompetently run company

Damo on the ropes but lands with a filthy rabbit punch out of nowhere. It's like round 11 of Rocky vs. Ivan Drago.

 

[caught]

Steve walsh anyone?

I think you'll find this is the boardroom minutes protocol thread mate.

 

[Bungle]

Is that the politically correct term for people "on the spectrum"?

Back in medieval times he'd be sitting on the village well or wearing a jingaling cap as he pranced and capered at court.

I may have misjudged the situation.

 

[peteblue]

When did GOT get hijacked by the Institute of Directors?

Some absolute dreamers tonight, one in particular, quoting chapter and verse of some imaginary Articles of Association, and cracking on he has fiduciary duties. Probably struggle to give traffic directions.

He's still trying to work out the difference between Ireland and the Isle of Man, which are apparently interchangeable......

 

[chicoazul]

Damo is Director Of The Bored.

 

[Number_25]

In all seriousness, I have no issue with having Kenwright there as a key player.

 

[tadao]

Steve walsh anyone?

Steve Walsh.... in Moshiri's statement of intention/trust for signings, via sky, thought it interesting that his name was before Rk's.
Maybe a sign that he has really bought in to the DoF role and the importance to the club going forward? Or whether I just read the statement and saw alphabetically it didn't work so....?

Everton's billionaire owner Farhad Moshiri has also spoken, and he says that although the signing of Bolasie is another step in the right direction, fans can expect more transfers to be made.
"We are very pleased about today's signing [Bolasie] but remain anxious to further strengthen the squad," he said.
"The chairman Bill Kenwright is relentlessly pushing things forward with my total support for him, for [director of football] Steve Walsh and for Ronald Koeman."

The BK comment is confusing, as it 'seemingly' quashes what I argued in a different thread, maybe still front of house nicey nicey stuff?

 

[Woolverhampton_Blue]

No one listens to @chicoazul - see the Ale House for details.

Lets keep on topic.

Exactly good sir. I was worried that his goading of you would detract from the discussion. Alas, do not be too hard on him. Unrequited love makes even the best of us act in strange ways.

Sadly it appears that in the interim Eskiboy has sufficiently explicated the point as far as this particular discussion requires.

I very much look forward to your concise contributions on future topics.

 

[bizzaro]

Exactly good sir. I was worried that his goading of you would detract from the discussion. Alas, do not be too hard on him. Unrequited love makes even the best of us act in strange ways.

Sadly it appears that in the interim Eskiboy has sufficiently explicated the point as far as this particular discussion requires.

I very much look forward to your concise contributions on future topics.

I aim to continue to improve on the quality of the forum.

Much like Steve Walsh on the Everton team as director of football

 

[Woolverhampton_Blue]

I aim to continue to improve on the quality of the forum.

Much like Steve Walsh on the Everton team as director of football

Amen brother.

 

[Dixie D]

Surely we should recruit the guy who signed Bolasie from non league football, the guy who signed Kone for 6m and the guy who signed Williams from Stockport for 400,000?

Hmm..El Fraudo!

 

[The Esk]

I'm sure an elaborate SHA will have been agreed as part of Mr. Moshiris investment, including a lot of operational matters.
In my opinion he is now in control - and could exercise his rights if needed.

This is correct, and with the exercising of his options in the very near future taking him above 75% he will be in an unassailable position.

As I said earlier in the summer, albeit it became temporarily unfashionable to believe it, this is going to be our greatest summer the club has had on and off the pitch.

 

[The Esk]

Probably but there's a reason his shares are just short of 50%. I suspect whatever the agreements state the club is in a transitional period where Moshiri is happy to proceed as normal however he also the power under certain circumstances to take control. We don't know what those circumstances are but I doubt Bill hasn't protected himself either. At the moment it's irrelevant because they both seem to be on the same page.

As has been stated many times, the 49.9% related to change of control clauses in the secured loan documentation and the impacts of such.

As you suggest the move from 49.9% to above 75% is planned and documented against various events occurring all of which are moving to completion.