The Everton Board Thread 2014/15

Is it time for change?

  • I'm happy with the way thing are. Kenwright and the Board should stay.

  • Kenwright and the board need to go. We need change.


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Deals ive been involved with have been initially calculated to value a company at 3-5 × revenue. Thats of course before electing to move forward to DD stage.

So if the company has £2M annual revenue and £50,000 annual net profit you'd be looking to pay £7M for that company ?


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So how come Hull earn over double what we do on their kit deal ?

Havent got a clue ask elstone. Clubs a mess

I don't know about ask Elstone, he should be sacked for the Kitbag deal alone. It was sold to us as being guaranteed income over 10 years. I would love to know what it will have cost us over the course of the 10 years, but it could easily end up being £20 million plus. Hindsight is great and all that but it's been a disastrous decision
 

I hope more details emerge soon regarding the screen shot of interested parties.

This club is rotten to its core.
 
It still amazes me how Kenwright's reign of underachievement goes under the radar in the media.

81% of the vote on the biggest Everton fansite want him gone and yet the media seem Like they couldn't care less.

Over the years I've seen numerous reports on the discontent amongst the: Newcastle, Aston Villa, Liverpool, Blackpool and Manchester United fans yet nothing on us!

How can we ever put any real pressure on with absolutely zero media backing? It should be an absolute travesty that a club that has won the league 9 times and only 24 years ago was the second most successful club in the land has gone 20 years without winning a trophy and 28 years without challenging for a league title.
 
It still amazes me how Kenwright's reign of underachievement goes under the radar in the media.

81% of the vote on the biggest Everton fansite want him gone and yet the media seem Like they couldn't care less.

Over the years I've seen numerous reports on the discontent amongst the: Newcastle, Aston Villa, Liverpool, Blackpool and Manchester United fans yet nothing on us!

How can we ever put any real pressure on with absolutely zero media backing? It should be an absolute travesty that a club that has won the league 9 times and only 24 years ago was the second most successful club in the land has gone 20 years without winning a trophy and 28 years without challenging for a league title.
we need a le bron james to wake this sleepy giant
 

It still amazes me how Kenwright's reign of underachievement goes under the radar in the media.

81% of the vote on the biggest Everton fansite want him gone and yet the media seem Like they couldn't care less.

Over the years I've seen numerous reports on the discontent amongst the: Newcastle, Aston Villa, Liverpool, Blackpool and Manchester United fans yet nothing on us!

How can we ever put any real pressure on with absolutely zero media backing? It should be an absolute travesty that a club that has won the league 9 times and only 24 years ago was the second most successful club in the land has gone 20 years without winning a trophy and 28 years without challenging for a league title.
Or to look at it another way less than 300 people want him out,out of how many supporters/fans?
What we have to realise is that very few know the ins and outs of all this very few actually care because the media paint it
as us battling the big boys,little Everton and the rest of the football community lap it up,go outside this forum and ask rival
supporters how they think Everton are run and they will say very well 99% of the time
 
Or to look at it another way less than 300 people want him out,out of how many supporters/fans?
What we have to realise is that very few know the ins and outs of all this very few actually care because the media paint it
as us battling the big boys,little Everton and the rest of the football community lap it up,go outside this forum and ask rival
supporters how they think Everton are run and they will say very well 99% of the time
I'm sure we'd see a similar outcome if a larger audience were asked.

Not many fans do know the ins and outs, you're right. What we do know, however is that we are heading into our 21st year without a cup, into failed stadium move no.3 and going backwards as a club.

Other club's fans saying we're well run is as a result of the media not caring what happens to us. It should be an absolute disgrace that a generation of Everton fans have seen us do nothing, sadly I'm included in that generation.
 
I'm sure we'd see a similar outcome if a larger audience were asked.

Not many fans do know the ins and outs, you're right. What we do know, however is that we are heading into our 21st year without a cup, into failed stadium move no.3 and going backwards as a club.

Other club's fans saying we're well run is as a result of the media not caring what happens to us. It should be an absolute disgrace that a generation of Everton fans have seen us do nothing, sadly I'm included in that generation.
I agree whole heartedly with you,but a lot of the stories are slightly altered,Kings Dock,not Bills fault,Kirkby blame BU,WHP blame any number of things,Bill saved us from certain death dont you know,are you mad look at Pompey,Leeds, Blackburn,its all rubbish and yet he gets away with it because hes a fan,just look on other social media sites the amount of people who will jump to his defence its astounding
 
I agree whole heartedly with you,but a lot of the stories are slightly altered,Kings Dock,not Bills fault,Kirkby blame BU,WHP blame any number of things,Bill saved us from certain death dont you know,are you mad look at Pompey,Leeds, Blackburn,its all rubbish and yet he gets away with it because hes a fan,just look on other social media sites the amount of people who will jump to his defence its astounding
I know, it drives me mad. There needs to come a time when the fan base all turn, and for that we need media attention.

A revival of The Blue Union, or another face needs to happen. I think the Blue Union lost their way by diverting off their original course. They started getting involved in the Hillsborough fight, ticket prices, etc. All worthy causes, of course, but I feel to be successful they should have stuck to their original aim.
 
That's what i'm alluding to, there must be another format to calculate the value of football clubs.

Deals ive been involved with have been initially calculated to value a company at 3-5 × revenue. Thats of course before electing to move forward to DD stage.

Valuing companies on revenue multiples only really works when you see a path to increased profitability and in particular, profitability with higher margins. Normally in those circumstances, you're looking at companies with pretty much a fixed cost base so that % increases in revenue go more or less straight through to the bottom line.

Football clubs, with a few exceptions, don't fit that model because as revenues increase, costs tend to increase at pretty much the same rate ( players wages and transfer fees eat up a heck of a lot of any revenue increase ), so you might expect to move into decent profitability, but it'll take a long time and margins are pretty thin.

It's very hard to set an investment case for buying a football club unless some of the following apply :-

  • There is an easy way of raising money from the commercial arm ( Man Utd and Liverpool fit this criteria )
  • The land they own is worth a lot and money can, at least theoretically, be released from that by moving somewhere cheaper ( Chelsea and Tottenham come to mind )
  • You've got a product you want to advertise globally via TV
  • The price is cheap

Our commerical arm isn't, to put it mildly, being maximised so a possible buyer might look at that and think there's potential in that area, but Goodison Park is worth very little and, based on the fact that the club hasn't been sold, I think we can assume the price isn't particularly cheap.

Anyone who buys a football club and tries to run it as a "normal" commercial business to turn a profit is going to get a lot of grief from supporters so would have to be very thick skinned ( think Mike Ashley ). Unless you're buying a club because you've got an emotional attachment or want to show off a bit, you'd probably look at it as an option, and quickly see you can get a better return from lots of other things.

Bottom line, if I thought Everton was going to be sold for 2, 3 or 4 times it's current value any time soon, I'd slowly be buying up shares whenever possible. But, while it's nice to have a share certificate showing you own part of the club, it's not really a "proper" investment.
 

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