The Everton Board Thread 2014/15

[Chang Elephant]

What are the Blue Union going to do about Everton's "unusual" borrowing strategies ? They need to get their act together, stop their criminal activities and sort this out.

 

[bizzaro]

The interest rate is 8.8%

So what is the typical rate for short term loans to British companies currently?

 

[The Esk]

So what is the typical rate for short term loans to British companies currently?

I don't think there is a typical rate because every company is different and their circumstances are obviously different. I would say anything from 5 to 15% would be the usual range.

I do not think 8.8% is particularly expensive.

 

[roydo]

I don't think there is a typical rate because every company is different and their circumstances are obviously different. I would say anything from 5 to 15% would be the usual range.

I do not think 8.8% is particularly expensive.

Not a million miles from the coupon from a decent grade corporate bond back then.

 

[joey_macmo]

Joey..with respect....it cannot be more clearer from what I have said, I'm quite prepared to debate with you but you must accept what other people say as their opinion, to which they are entitled to just as much as you are to your opinion. I have not turned on a group of Evertonians, but even if I had in the course of debate, if you can't take it, don't give it out. And please do not try to bully other Evertonians into using words they do not wish to use. As a bully youre a bit of a failure,anyway. Dog with bone comes to mind. Everyone wishes that the club could be sold to owners with bilions and the desire to spend it, but no one, surely, wants the club to be sold to someone, however much money they have, who wants to run the club into the ground for personal profit. There is a way to negotiate, to a degree, with the clubs board, but that way does not include personal attacks, spinning the truth, or fairy tales.

once again you haven't answered the question. You have an interesting interpretation of bullying Steve.

Don't forget you're the person who in the last few days has accused people of smoke & mirrors and also of dodging questions.

Once again you're the only person mentioning a Billionaire/Billions of pounds.

I'll ask the question again for as long as you're posting in this thread, Why are you not asking what is the boards plan to move us forward?

 

[Barkley1878]

The catalyst for action will be Kenwrights death, either someone with brains and cash will come in and buy up the shares and hopefully start the ball rolling on a takeover, or Earle/Green will hoover them up and be out of their depth running the club/Earle being a yank and never at GP unlike the "world's greatest evertonian" will have even the happy clappers unhappy with the lack of progress on and off the field.

 

[paulashcroftefc]

The catalyst for action will be Kenwrights death, either someone with brains and cash will come in and buy up the shares and hopefully start the ball rolling on a takeover, or Earle/Green will hoover them up and be out of their depth running the club/Earle being a yank and never at GP unlike the "world's greatest evertonian" will have even the happy clappers unhappy with the lack of progress on and off the field.

Sounds harsh but this is the best scenario all round RE Kenwright - WBA is the last straw for me.

 

[Verbal Kint]

I

This board are playing a dangerous game with our football club.

They could ruin it.

I think they already have unfortunately, we have been left behind by every other major club bar Leeds United, apart from playing staff we have NO assets left, when we eventually sell Lukaku Stones McCarthy etc etc, the money won't be going on a new ground or redevelopment it will be going on mystery bridging loans.

The model of selling players and replacing them with unproven players has worked well for us under Moyes and to a certain extent Martinez but it will only take a really short time for it too all unravel.

If Bill kenwright was a red like Peter Johnson he would have been showed the door a long time ago, Kenwright has to his credit made great choices with his mange rial selections but he has FAILED on every other aspect of his chairmanship.

 

[nil satis]

once again you haven't answered the question. You have an interesting interpretation of bullying Steve.

Don't forget you're the person who in the last few days has accused people of smoke & mirrors and also of dodging questions.

Once again you're the only person mentioning a Billionaire/Billions of pounds.

I'll ask the question again for as long as you're posting in this thread, Why are you not asking what is the boards plan to move us forward?

Joey last week "I" was the only one mentioning a billionaire! I will say it again if the new owners are not billionaires or close to it we are better off with the stability of Bill Kemwright.

 

[Bluesnapper]

Joey last week "I" was the only one mentioning a billionaire! I will say it again if the new owners are not billionaires or close to it we are better off with the stability of Bill Kemwright.

Stability?

Kenwright is ill, Earl is AWOL, Carter has died - so that leaves Woods and he cant open his mouth or at least wont open his mouth.

 

[The Esk]

Stability?

Kenwright is ill, Earl is AWOL, Carter has died - so that leaves Woods and he cant open his mouth or at least wont open his mouth.

Not sure why you continue to do this mate as it doesn't help your cause.

There's no evidence that Earl does not participate even though he lives in the US, Bill's status is uncertain, Woods is a successful business man in his own right who has said publicly he does his talking in the Board room, and Robert Elstone remains a member of the Board.

 

[bizzaro]

The catalyst for action will be Kenwrights death, either someone with brains and cash will come in and buy up the shares and hopefully start the ball rolling on a takeover, or Earle/Green will hoover them up and be out of their depth running the club/Earle being a yank and never at GP unlike the "world's greatest evertonian" will have even the happy clappers unhappy with the lack of progress on and off the field.

Probate law is a minefield.

Think your over estimating how easy it will be if Kenwright hasn't got his affairs in order and someone disputes it.

 

[bizzaro]

Not sure why you continue to do this mate as it doesn't help your cause.

There's no evidence that Earl does not participate even though he lives in the US, Bill's status is uncertain, Woods is a successful business man in his own right who has said publicly he does his talking in the Board room, and Robert Elstone remains a member of the Board.

Has Earl ever attended a board meeting or AGM ?

As a director of the club he's answerable to shareholders and should attend board meetings even by telephone.

Board meetings should have minutes taken including those attending.

 

[MickA]

Like I said if it is VIBRAC

Finding out if any shareholders have a link to the company should be a priority for total transparency on the commercial aspects of EFC.

Instead of using VIBRAC can't we get loans via Bill Kenwright Ltd, via Woods or even via BCR sports?

Would they need to declare that?

 

[MickA]

I
I think they already have unfortunately, we have been left behind by every other major club bar Leeds United, apart from playing staff we have NO assets left, when we eventually sell Lukaku Stones McCarthy etc etc, the money won't be going on a new ground or redevelopment it will be going on mystery bridging loans.

The model of selling players and replacing them with unproven players has worked well for us under Moyes and to a certain extent Martinez but it will only take a really short time for it too all unravel.

If Bill kenwright was a red like Peter Johnson he would have been showed the door a long time ago, Kenwright has to his credit made great choices with his mange rial selections but he has FAILED on every other aspect of his chairmanship.

This is a great post. The 'business model' these clowns employ is only one bad managerial appointment away from bringing collapse