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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I'll be surprised if that Spurs deal goes through, they're full of BS. I seen a report saying the asking price is one billion pound, as if lol

At this moment in time, Newcastle, Villa and Everton are all supposedly up for sale, and they're reportedly all looking for around 150 - 200 million as asking prices, and yet nobody is interested or capable of buying them. I'd be very surprised to see Spurs sold for 800 million pound more than the asking price for Villa, Newcastle or Everton. I know they are based in London and into property development, but an 800 million pound premium? Get real, you could buy five Newcastle United's for that figure.
 

SerenityNigh said:
Assuming both are for sale at the understood prices? Everton for £200m or Spurs for £1B? It's rather straightforward for me (but then I think the prospect of property development is exciting.)
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Kenwright, the worlds greatest Evertonian, realised in December 1999 that he had to sell in order that Everton would progress.

That is now fast approaching 15 years ago and nowt has been done.

Or were they weasely words when he recounted the story to the AGM by him?
 
blueblue said:
As a neutral . If you had a choice between Everton and Spurs, which would you buy ?
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Current valuations? Depends on my goals. Quick turnaround, I'd buy Spurs. It's property speculation. London market, good overseas fanbase forming. Prices will keep going up for a while (as they have in American sports...we haven't hit the cliff yet).

But if I'm looking to grow a larger profit over a longer time? Everton. We're much cheaper and have a huge potential. But we require a lot of time investiture. Buying Everton means you have to sort out a new ground, and probably try and build the Liverpool economy up a bit to get your money back out while you own the club. It's a long term game to own a club outside of London (bar United and Liverpool for historical reasons).

Everton's big hurdles on sale are - overvalued by the current owners, need a new ground, require long term investment in both the club and the community, and are a long way from the largest population center/tourist attraction in England. If Everton get bought by a rich owner, it will unlikely be a consortium of investors, it will more likely be someone that wants to build a club into a giant of football. Which may also hold us back; for someone that wants to grow a club in his own image we're also not very attractive due to our history and stature...no owner will be able to become greater than the club.

So we need a philanthropist or a rich guy that hates Liverpool. Or the current owners to drop the asking price.
 
RaleighBlue said:
Current valuations? Depends on my goals. Quick turnaround, I'd buy Spurs. It's property speculation. London market, good overseas fanbase forming. Prices will keep going up for a while (as they have in American sports...we haven't hit the cliff yet).

But if I'm looking to grow a larger profit over a longer time? Everton. We're much cheaper and have a huge potential. But we require a lot of time investiture. Buying Everton means you have to sort out a new ground, and probably try and build the Liverpool economy up a bit to get your money back out while you own the club. It's a long term game to own a club outside of London (bar United and Liverpool for historical reasons).

Everton's big hurdles on sale are - overvalued by the current owners, need a new ground, require long term investment in both the club and the community, and are a long way from the largest population center/tourist attraction in England. If Everton get bought by a rich owner, it will unlikely be a consortium of investors, it will more likely be someone that wants to build a club into a giant of football. Which may also hold us back; for someone that wants to grow a club in his own image we're also not very attractive due to our history and stature...no owner will be able to become greater than the club.

So we need a philanthropist or a rich guy that hates Liverpool. Or the current owners to drop the asking price.
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Outside London, the city of Liverpool has the fastest growing economy.

As you mention, the problem i think is the asking price.
 
Moomin said:
Outside London, the city of Liverpool has the fastest growing economy.

As you mention, the problem i think is the asking price.
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Yeah, I realize that Liverpool's economy is on the up...forget where I read it though, but it kind of supports the idea that buying in Liverpool is a long game. You have to nurture that growth and help build it. London is much more of a sure thing for a neutral outsider.

Spurs won't drop in value barring an unforseen catastrophe. Everton are not so certain to be able to retain a value near where the current owners value the club. Everton's 'valuation' is a false one wholly dependent on league position, whereas the Spurs valuation is based on location and obvious potential sales and a growth model that is in place and returning value. Everton would require all that stuff to be put in place. It's just a harder job for a new owner and the price point is offputting in large part because of that.
 

Bluesnapper said:
Kenwright, the worlds greatest Evertonian, realised in December 1999 that he had to sell in order that Everton would progress.

That is now fast approaching 15 years ago and nowt has been done.

Or were they weasely words when he recounted the story to the AGM by him?
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Would you buy Goodison Park? we are in the North ,People want to buy in the capital. Also no one has ever come out and said they wanted to buy but Kenwright wasn't interested. And my opinion seeing as we have no money things are very stable and have basically been on the up the last few years. Its only on the fanzines people criticise Kenwright.
 
'Wanting to sell' and 'getting a buyer' are 2 different things.

Villa have been for sale for 5 months and they haven't even had a sniff of interest.
Newcastle aren't officially for sale but I think most people know Ashley would accept if the deal was right.
Spurs haven't a hope in hell of getting £1 billion for the club, as is the publicised price.

I don't know what this all means. I guess I just want a richer version of Kenwright, which probably doesn't exist.

Sometimes you just have to accept your lot in life. Things could always be a lot worse, and the chances of them being a lot better are very slim indeed.
 
BoysInBlue said:
'Wanting to sell' and 'getting a buyer' are 2 different things.

Villa have been for sale for 5 months and they haven't even had a sniff of interest.
Newcastle aren't officially for sale but I think most people know Ashley would accept if the deal was right.
Spurs haven't a hope in hell of getting £1 billion for the club, as is the publicised price.

I don't know what this all means. I guess I just want a richer version of Kenwright, which probably doesn't exist.

Sometimes you just have to accept your lot in life. Things could always be a lot worse, and the chances of them being a lot better are very slim indeed.
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How do you know Villa have had no interest though??
 

Moomin said:
Outside London, the city of Liverpool has the fastest growing economy.

As you mention, the problem i think is the asking price.
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The problem is the asking price plus CAPEX required (capital expenditure on stadium and squad (squad less of an issue than previously))

An investor is still looking at £400-500 million to buy the club, build a new stadium and invest in the team.

The revenues, future cash flows, and projected P&L do not support that valuation
 

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