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

[SerenityNigh]

Ok Ok I'll concede on the NL West being the WORST division in Baseball and Revise my statement to being "one of the worst".

We probably won't come to an agreement on baseball, but I think we can agree KAGS

 

[TheFinnFan]

So is he rich like?

 

[roydo]

Can we swerve the baseball, or whatever Merican sport you are babbling about, please?

 

[evertony]

All fair points. If anything, I would be more inclined to believe that it would be linked to season ticket renewals rather than new tickets.

From memory, the season ticket renewal process usually opens around February, therefore many people will start considering their options now.

Are we getting better? Are their signs of progression and improvement? If no, people may consider not renewing which is money lost and not gained.

As @sageyefc mentions, it is almost ridiculous how such rumours appear annually at this time of year. Could be coincidence, but I'm dubious over it.

Fortunately for the board, far too many of us are now glutens for punishment and merely renew out of dedication. How we perform is only a factor...

The vast majority of STH's renew irrelevant of what's going on in the media. This business about it being a rumour to sell half season tickets is ludicrous....like most of the other rumours that float around like a turd in a basin.

 

[Steve Wigan]

as for having the 'scent' of easy money.

There are cheaper clubs to buy than Everton for 200m, if they wanted easy money they could have went and bought a championship club who are close to promotion for half the price, and done it that way.

100m has just got 36% of Crystal Palace !!

 

[Archie]

I want a competent business man. We are one of the biggest teams in britain with one of the biggest fanbases, we have so many avenues to take in so much more income than we currently do. The sponsorship deals vindicate we are relegation fodder, we could be generating extra income which would pay for an extra first team player! In the long term, if these investors are constantly making profits and big ones at that, they won't be using us to make a quick buck and be off. Depends how good they are i suppose, but you would think they would be able to make a good improvement on the business side of things, even if they are in it for a quick buck.

The swiftest way to improve the bottom line is to start finding out at which point ticket price increases start to eat into attendances. I'm sure there would be an improvement in marketing and sponsorships. They'd be needing to cover the interest on their loans they've used to buy the shares, so they'll have a huge incentive to do better there. But not sure we'd see any benefit to it.

This lot aren't good news. There's obviously room for a lot of improvement in a lot of ways for the club. Doing it to pay off the current majority shareholders to go, and then to provide a decent earner for some new owners really isn't what we need. We need the investment to begin a decent cycle of success > more money > more success, not to bob along as we are but with the money leaving the club. We should already know how crippling long term debt can be. We're already mortgaging our tv rights for the season to get the money in. We've a high interest loan there to a former owner too. Doubling down on that model would be stupid for everyone but the men who get a football club for free.

 

[The Esk]

Interesting the article in the echo about the shareholder association, according to a spokesman from the association, the £200 million would be to buy out the 3 main shareholders (Kenwright, Earl and Woods) and the total cost outright will be closer to £300 million.

Absolute con merchants our board are.

Where is this article?

 

[Steve Wigan]

Interesting the article in the echo about the shareholder association, according to a spokesman from the association, the £200 million would be to buy out the 3 main shareholders (Kenwright, Earl and Woods) and the total cost outright will be closer to £300 million.

Absolute con merchants our board are.

er......small shareholders would be offered pro rata the same deal as the major shareholders......so were is the con ?

 

[Steve Wigan]

I get the impression that the anti Bill brigade are already setting up a scenario were Bill gets blamed for selling the club to the wrong owners, so for Bill its a lose lose situation.....

 

[Coffee and TV]

Here's the article that says it would be closer to £300m

http://www.liverpoolecho.co.uk/spor...erton-takeover-latest-promising-lets-10645971

Everton takeover latest: 'Promising but let's wait and see'

• 16:19, 23 DEC 2015
• UPDATED 16:20, 23 DEC 2015
• BY PHIL KIRKBRIDE

Everton Shareholders' Association chairman John Blane gives his take on the takeover talk

The Liverpool Philharmonic Hall hosts the Everton FC Shareholders AGM. Photo by Ian Cooper
Shareholders’ chairman John Blane is cautiously optimistic amid fresh Everton takeover talks.

The Blues are the subject of interest from an American-led consortium who are looking to purchase the club.

John J Moores and Charles Noell are said to be fronting the group and are reportedly running the rule over the Goodison books, after agreeing a six-week period of exclusivity.

It is claimed the US businessmen are mulling over a £200m takeover.

Blane, chairman of the Everton FC Shareholders’ Association, has read the reports that were originally carried in The Times, and said: “Clearly, they appear to be sharp business guys and, by the nature of their business, you would expect that they have already devised an exit plan.

John Jay Moores (left) and Charles Noell, who are reported to be trying to buy Everton

“That sounds premature as they have not even bought the club but they are surely in it for a return on their investment, there is not likely to be an emotional thing like it is with Bill (Kenwright).


“My first reaction was ‘let’s wait and see’.”

Blane also believes the Americans would be looking to buy-out Everton’s three biggest shareholders - Bill Kenwright, Robert Earl and Jon Woods - and that if the figure of £200m is correct, then it places the overall value of the club at nearly £300m.

“The quoted deal value of £200m is going to be based on the top three guys and their majority shareholding so that gives an overall valuation of the club at just under £300m,” Blane added.

“I would expect that there is going to be a bit of a premium on current financial performance and that would suggest there has been some competition amongst potential investors.

Robert Elstone speaking at the Everton FC general meeting at the Philharmonic Hall last month

“At the General Meeting, the Chief Executive did say that the Chairman was confident about finding investment in the near future and there have been recent rumours of Chinese interest.”

“All things considered, it is interesting.

“But let’s wait and see.”

The Times report says Moores and Noell have signed a head of terms agreement , are now performing due diligence and will have made a decision by the end of January.

But it is understood that the six-week period could be enough time to not only examine the Goodison book but also for a deal to be finalised.

 

[Kiwi]

I get the impression that the anti Bill brigade are already setting up a scenario were Bill gets blamed for selling the club to the wrong owners, so for Bill its a lose lose situation.....

Yeah ok Steve.

 

[mlyons]

This lot aren't good news. There's obviously room for a lot of improvement in a lot of ways for the club. Doing it to pay off the current majority shareholders to go, and then to provide a decent earner for some new owners really isn't what we need. We need the investment to begin a decent cycle of success > more money > more success, not to bob along as we are but with the money leaving the club. We should already know how crippling long term debt can be. We're already mortgaging our tv rights for the season to get the money in. We've a high interest loan there to a former owner too. Doubling down on that model would be stupid for everyone but the men who get a football club for free.

Why do you get the impression that this consortium would do that? That wasn't the model in San Diego.

 

[Groucho]

Everton to be taken over by John Moores?

 

[Jags..class]

Reported this for being ageist.

Sorry

 

[hibbo'sclass]

@Coffee and TV
Thanks for that.
So if my reading of the above is correct, this guy doesn't know what the deal is, but is basing his statement on the chance that the 200mil figure quoted everywhere else is only for 70%.

The flip side of course is if the club is valued at 200mil, then to buy out the board would cost 140 mil.

Just thinking out loud.