The Everton Board Thread 2015/16 [ Not takeover related ]

[Bluesnapper]

Do you know that it's definitely been renewed this year?

Refer to a post I did prior to the one you quoted.

Past evidence says a new Vibrac loan is about due because there is no money in the till.

 

[Foot Long Hot Dog]

So no then.

Are Price Waterhouse going to have a black book full of Billionaires then Dave?

We both know that it'll sell irrespective of the agent who's hawking it around, once there's a genuine desire to move it on.

 

[Foot Long Hot Dog]

Refer to a post I did prior to the one you quoted.

You better tell @davek that mate, he appears to think there's a whopping surplus being hidden under Bills mattress

 

[davek]

Are Price Waterhouse going to have a black book full of Billionaires then Dave?

We both know that it'll sell irrespective of the agent who's hawking it around, once there's a genuine desire to move it on.

So no holding the owners' feet to the fire over their sincerity to sell up by asking them to formally involve an organisation that can expedite a sale?

Ok.

 

[Foot Long Hot Dog]

So no holding the owners' feet to the fire over their sincerity to sell up by asking them to formally involve an organisation that can expedite a sale?

Ok.

Absolute nonsense and typical of the BU tripe that most intelligent blues walked away from Dave.

Who in their right mind would hand over control of the sale of their equity to an organisation who would seek to 'expedite' a sale? You truly are without a clue.

 

[Woolly Blue]

Or is it conceivable that Earl and /or Green are behind VIBRAC and have been getting such a handsome return on his / their investment comfortably every season that his / their equity investment is now effectively a shot to nothing so whatever he/they sell for its pure profit cos they've already had their investment back by now and they might as well wait and keep the revolving VIBRAC loan. Feel free anyone to tell me they know who is behind VIBRAC ?

Lets be totally honest about this. Even if there was a link, the only way that Earl, or anyone else, could materially benefit would be if the interest being charged was above market rates.

Put it this way, if you've got 20 million quid burning a hole in your pocket, then you make it work for you. It'd be very easy to generate a return of 5 to 6% on that with very little risk involved. Vibrac charged us 8.8% in 2013/14. Even if you assumed we were being screwed for an extra 1.5% then, on 20 million that's only 300k.

300k's a lot to you and me but Earl and Green have net worths of roughly 5 billion and 240 million USD respectively, so it's chicken feed to them. I'm not saying it's impossible, but it does seem unlikely.

 

[matty1878]

 

[Woolly Blue]

Absolute nonsense and typical of the BU tripe that most intelligent blues walked away from Dave.

Who in their right mind would hand over control of the sale of their equity to an organisation who would seek to 'expedite' a sale? You truly are without a clue.

Give them a remit.
Tell 'em your minimum price and they earn a % of any sale.

 

[Foot Long Hot Dog]

Give them a remit.
Tell 'em your minimum price and they earn a % of any sale.

They've already done that mate. No-one wanted to pay it though

What Dave was suggesting was the BU alternative, hand it over to a 3rd party to bin it off lol

 

[MACCA75]

I think the club was kind of for sale very briefly, but not now the TV deal allows us to occasionally spend some money in the transfer market, and the BU were stupidly criticised by our own fans.

 

[Foot Long Hot Dog]

I think the club was kind of for sale very briefly, but not now the TV deal allows us to occasionally spend some money in the transfer market, and the BU were stupidly criticised by our own fans.

The BU didn't appeal to the majority of fans, due to their tactics and proposals, that was their doing

 

[MACCA75]

The BU didn't appeal to the majority of fans, due to their tactics and proposals, that was their doing

The BU had open meetings, and ideas were talked about, and democratically decided upon. Everyone had several opportunities to have their say and bring their ideas.
Bizarre they are so criticised tbh.

 

[Woolly Blue]

They've already done that mate. No-one wanted to pay it though

When you set a price for a product and no-one buys it that tells you that you've asked too much for it, or you havn't marketed it properly. At that point you'd normally review what you're doing and change something.

What appears to have been happening for the last [n] years presumably therefore means :-

• Either we're not really for sale or
• The board is in denial about the true value of our club or
• Any vaguely interested parties are crazy and don't understand what they're missing out on

My money's on one of the first two.

 

[Foot Long Hot Dog]

When you set a price for a product and no-one buys it that tells you that you've asked too much for it, or you havn't marketed it properly. At that point you'd normally review what you're doing and change something.

What appears to have been happening for the last [n] years presumably therefore means :-

• Either we're not really for sale or
• The board is in denial about the true value of our club or
• Any vaguely interested parties are crazy and don't understand what they're missing out on

My money's on one of the first two.

No argument with that basic business principle.

However the suggestion from the BU was that the stake holders basically lost control of the pricing of their asset, which was idiotic and completely naive. Blues understood this and didn't back it, that's a simple fact.

 

[Foot Long Hot Dog]

The BU had open meetings, and ideas were talked about, and democratically decided upon. Everyone had several opportunities to have their say and bring their ideas.
Bizarre they are so criticised tbh.

The BU had no membership it was a select number of 'officers' it as never an open forum for ideas to move the club forward. It was borne out of a desire to oust the board by any means, driven primarily by the remnants of keioc