The Everton Board Thread 2014/15

[Huyton Layne]

400m when we have an old stadium and haven't won anything in 20 years???? delusion haha

mate it's an antique, probably worth loads.

 

[SingBlue]

I'm struggling to see why these guys never gained a serious amount of momentum. Very strange.

I was back in UK when they started and attended some of the meetings. I thought the interview they published of the meeting with Kenwright was an eye opener, and for that alone I think they did well. The bullshit from people like Hatton after that saying it was illegally recorded was a joke - the transcript shows they told Bill they were recording it for publication later. In true Bill style he ran his mouth off.

One of the problems I think the BU faced was at the time, we were doing "ok" on the pitch. Therefore some felt that they were being a disruptive influence. The other problem was some of the more militant fans who attended the meetings were all about getting rid of Moyes. The BU's stated objective was to push for change at board level, it was nothing to do with the team, the manager etc.

Sadly I just don't think we have the balls as a fanbase to drive change. Personally I'm resigned to the fact we're stuck with the board and executive team we have. Other clubs will continue to progress, we'll continue to stagnate.

 

[Zatara]

The value of the club is definitely closer to £400mil then £200mil.

Not sure why posters are disagreeing with you.

Their price is probably even more defined than anything else. Ofcourse you can use them as collateral. Anything that be sold can be used and they're the easiest to sell hence the least risky for anyone offering a loan.

No they aren't looking for assets of the club. They aren't planning to strip mine the club unless that's the kind of buyer you want. They're looking at multiples of revenue and revenue potential based on clubs of equal stature as us.

We made over a 100m last year. A 2x multiple for a club isn't high. I would value us at closer 400 so you are lucky I'm not the one in charge.

 

[The Esk]

Doesnt the 'Articles', the rules that govern the clubs board/shareholders, state there has to be a minimum of 4 people on the board?

No, the Directors can determine the size of the Board (a common provision). The quorum is three.

 

[The Esk]

The value of the club is definitely closer to £400mil then £200mil.

Not sure why posters are disagreeing with you.

Because there is no fundamental basis to value the equity of the club so highly.

 

[Visitor22]

The value of the club is definitely closer to £400mil then £200mil.

Not sure why posters are disagreeing with you.

Even Forbes, who are often criticised for over-valuing clubs in their annual lists, don't have Everton in their Top 20. Galatasary, who are twentieth, are valued at £192m.

No one serious has a valuation even that close to £200m, never mind £400m

 

[USABlue]

We haven't won anything in 20 years, old (although memorable) stadium, and are locked into crap commercial deals like Chang and kitbag. Where does any of that lead to us being worth more than 200m? Every PL team has a ton more revenue now because of TV rights. Our match day and commercial income has barely increased

 

[The Esk]

I will check tomorrow but last time I asked Blankstone Sington (the brokers who trade Everton shares) the shares were trading at around £1400 per share.(December 2014)

That puts a current value of £49 million on the equity.

Even if a purchaser paid a 100% premium that only makes the equity worth £100 million. Not many companies are sold at 100% premium!

 

[Chang Elephant]

The value of the club is definitely closer to £400mil then £200mil.

Not sure why posters are disagreeing with you.

Because sanity v insanity

 

[Eggs]

....I don't pretend to be economically savi but I guess the value of the club is what somebody is prepared to pay for it.

 

[TheFinnFan]

Cold fact is that potential new owner will look at our history and is like "wow!"

Then they look our stadium and our neighbours and are like "we'll get back to you ..maybe"


Our board is what it is and there wont be major changes coming up in near future.

 

[The Esk]

....I don't pretend to be economically savi but I guess the value of the club is what somebody is prepared to pay for it.

And what the owners are prepared to accept!

 

[Chang Elephant]

I will check tomorrow but last time I asked Blankstone Sington (the brokers who trade Everton shares) the shares were trading at around £1400 per share.(December 2014)

That puts a current value of £49 million on the equity.

Even if a purchaser paid a 100% premium that only makes the equity worth £100 million. Not many companies are sold at 100% premium!

You're sitting on another investment goldmine mate....GOT's Warren Buffet

 

[Eggs]

And what the owners are prepared to accept!

....absolutely.

 

[The Esk]

You're sitting on another investment goldmine mate....GOT's Warren Buffet

Haha I'd prefer never to have to sell to be honest as the shares were once my Grand Dads but if and when there is a change of ownership then it is inevitable that all small shareholders will have to sell.