Chang Elephant
Forum God
This seems to be the case, Kenwright doesn't want to sell the club but wants investment. Is that realistic?
Nope, he definitely wants to sell the club at the "right" price
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This seems to be the case, Kenwright doesn't want to sell the club but wants investment. Is that realistic?
Personally I reckon his chairmanship of Everton is a massive aid to his theatrical biz he's got access to the great and good of this country and abroad plus his personal profile has risen exponentially (not to be ignored in the "luvvie" game). His EFC reign has coincided with his own company doing incredibly well - which of course could be just that - coincidence. But for a club renowned for being skint till the TV money of this season it is odd he has hoovered up any available EFC shares in a trice I've seen it mused he's protecting his share price - well, possibly.
But to my mind it's much better than that, he knows the TRUE level of genuine interest in this club and such is the gold plated nature of the thing he can wait. He wins either way the reflected glory of EFC chairmanship enhancing his Theatre business and long term the asking price keeps rising (the minor caveat being staying in the Prem).
Now that's vested interest but miles away from doing the best for the club. It seems a 100m war chest is the dowry brought by new owners judging by Villa and Liverpool I doubt we'd be worrying about losing Martinez, Barkley etc if that and the telly money was at GP.
Sorry dad.
Couldn't say for the last 12 months or so mate. But those dates you quote were periods of much bemoaning our financial state which suggests confidence in the longer view not many would have shared. Our Bill might be a bit daft but he certainly isn't stupid my own theory is he knows he can sell tomorrow but as ever the secret society that is EFC means only he and the inner sanctum actually know.Interesting post mate.
Just one point though, when has Bill been hoovering up shares? Recently?
According to the Directors' Report he had 8,754 shares in 2010, that increased to 9,044 in 2011 and has not increased up to the publication of the last Directors' Report for 2013.
Couldn't say for the last 12 months or so mate. But those dates you quote were periods of much bemoaning our financial state which suggests confidence in the longer view not many would have shared. Our Bill might be a bit daft but he certainly isn't stupid my own theory is he knows he can sell tomorrow but as ever the secret society that is EFC means only he and the inner sanctum actually know.
Hahaha you trying to offload some mate?OK, thanks, reason for asking is that I know shares have been available, so it's not quite accurate to say he "hoovered up any available shares in a trice".
Hahaha you trying to offload some mate?
Give Bill a ring he might get Jenny to launder them through via a family member !!
Not really realistic. Most serious buyers will want control over everything relating to the club, they won't want to be beholden to the old guard, which is why the whole 'search for investment' thing is weird. He seems to be hoping some generous pro-board Evertonian billionaire will invest heavily in the club, but will want to stay out of the spotlight and let him take all the credit. If the board are to change, they need to look for an actual buyer.This seems to be the case, Kenwright doesn't want to sell the club but wants investment. Is that realistic? He's been on the board since 1989, so in cutting ties with Everton he'd be saying goodbye to 25 years of actual involvement in the club's running.
Bill gets grief from people who question stuff which is a relatively weird concept among footy fans because undying loyalty has always been the name of the game. My dearly departed dad (79yrs) would sooner walk across broken glass than question/criticise anything EFC. It made him uncomfortable hearing his "religion" pulled apart. So much so I stopped talking about "Kirkby, Moyes, Elstone, Kenwright" etc. It's exactly the same with his neighbour and most blues I know.
But the problem is you can't unlearn. Once you look into "Kirkby" where facts are available everything else gets tainted. Secrecy about Kings Dock, lack of transfer funds, troughs of money on "other expenses" and countless other stuff culminating in the biggest mystery of them all - why haven't we been sold? It all just festers.
I believe in vested interest I've been in business long enough to KNOW nobody does anything for nothing. Bill is a low level millionaire playing in a billionaires playground the glass ceiling it produces he acknowledges, yet still he remains. His reasoning is "protecting EFC", sorry that's altruism not vested interest, it don't add up.
Personally I reckon his chairmanship of Everton is a massive aid to his theatrical biz he's got access to the great and good of this country and abroad plus his personal profile has risen exponentially (not to be ignored in the "luvvie" game). His EFC reign has coincided with his own company doing incredibly well - which of course could be just that - coincidence. But for a club renowned for being skint till the TV money of this season it is odd he has hoovered up any available EFC shares in a trice I've seen it mused he's protecting his share price - well, possibly.
But to my mind it's much better than that, he knows the TRUE level of genuine interest in this club and such is the gold plated nature of the thing he can wait. He wins either way the reflected glory of EFC chairmanship enhancing his Theatre business and long term the asking price keeps rising (the minor caveat being staying in the Prem).
Now that's vested interest but miles away from doing the best for the club. It seems a 100m war chest is the dowry brought by new owners judging by Villa and Liverpool I doubt we'd be worrying about losing Martinez, Barkley etc if that and the telly money was at GP.
Sorry dad.
Well expressed opinion, but the bit about Bill gaining contacts for his core business is certainly not an issue of any consequence, and is hardly true. Investors in Bills theatrical and cinema ventures have always been known to him... there are plenty out there and if it was not Bill who spotted the niche market for touring productions of successful shows on a budget, it would have been someone else. They are certainly a different set of people than those who invest in football clubs, although the chance of making a fortune investing in the theatre is only fractionally better than investing in football. For every Phantom of the Opera there are a dozen 'Twangs' ( Lionel Barts failed and long forgotten musical about Robin Hood) Bill always knew the people that mattered. He found the money to make Stepping Out in 1991, and that film, along ongoing international stage productions of Educating Rita (since 1980 ,and always on somewhere in the world) are Bills pension.
Fella who lives over the road from me wrote and produced "That'll be the day", the musical. Lives off that very nicely thank you.
Is that the one about us being bought out by a Russian oligarch?