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The Everton Board Thread (Inc. Bill Kenwright / Blue Union)

Is it time for Change...???

  • Kenwright an the Board out, We need Change.

    Votes: 503 80.0%
  • Im Happy with the way thing are. Kenwright an the Board should stay

    Votes: 126 20.0%

  • Total voters
    629
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*sigh*

The price of the total shares will be determined by the prospective buyer in the end. He/she/they wont be concerned about whether Kenwright has a number of shares whose price have remained static or been increased a result of a rights issue. They wont care about that valuation They'll just be buying the club out with an offer for 100% of the shares - if Kenwright owns less than his present circa 38% by that stage that'll be his loss.

This is why a share issue wont be tolerated by the board. I'd be happy to hear your alternative explanation as to why the requests for one have always been rebuffed like.

Simple. A share issue increases the value of the club to an unrealistic level. I've said this about three times now. Its a nonsense suggestion put forward by people who have no idea of finances. A buyer might beat the price down in negotiations, but they'd have to start from the added value of a share issue rather than a price as of now. Its simply better for someone to buy Everton outright. Other than being a broken record, I think I've explained my view to the best of my ability. Share issues sound nice in theory, in reality they are only suitable to large multinationals.

One thing I would agree with you on. If they did this the likely outcome would be that Bill and all those other Everton supporting investors would have to sell their shares at a considerable loss. While I'm sure you're not arsed about Bill losing out, but are you so blinkered that you'd also be happy for fellow Evertonians to lose out as well?
 
Simple. A share issue increases the value of the club to an unrealistic level. I've said this about three times now. Its a nonsense suggestion put forward by people who have no idea of finances. A buyer might beat the price down in negotiations, but they'd have to start from the added value of a share issue rather than a price as of now. Its simply better for someone to buy Everton outright. Other than being a broken record, I think I've explained my view to the best of my ability. Share issues sound nice in theory, in reality they are only suitable to large multinationals.

One thing I would agree with you on. If they did this the likely outcome would be that Bill and all those other Everton supporting investors would have to sell their shares at a considerable loss. While I'm sure you're not arsed about Bill losing out, but are you so blinkered that you'd also be happy for fellow Evertonians to lose out as well?

Finally we got there!

As I said at the outset: a rights issue is no go for BK for that very reason. That's why there was much shuffling of feet at the big table whenever the issue came up.
 
Finally we got there!

As I said at the outset: a rights issue is no go for BK for that very reason. That's why there was much shuffling of feet at the big table whenever the issue came up.

So it would mean, the club being harder to sell, but BK taking a hit - intresting.
 
So it would mean, the club being harder to sell, but BK taking a hit - intresting.

He gets the bill getting hit bit but totally swerves the harder to sell part.

If Everton is priced at an unrealistic level (which is the claim from Kenwrongers anyway) it won't be sold.

Strange that you accuse Bill of pricing Everton out of the market but support an activity that will do precisely that - with no care about the consequences to other innocent investors.

Every interesting. Davek, when the light bulb flashes come back to me.
 
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He gets the bill getting hit bit but totally swerves the harder to sell part.

If Everton is priced at an unrealistic level (which is the claim from Kenwrongers anyway) it won't be sold.

Strange that you accuse Bill of pricing Everton out of the market but support an activity that will do precisely that - with no care about the consequences to other innocent investors.

Every interesting.

Damon's the one saying Kenwright is pricing the club out of the market....

Take from that what you will.....
 
Damon's the one saying Kenwright is pricing the club out of the market....

Take from that what you will.....

What I take from that is an allegation without evidence.....much like FIFA. Give a dog a bad name and you don't have to offer evidence, an allegation is proof enough.
 
What? 20 ? Plus those additional unsold scarves on Ebay going for a quid?


Bastardise (as if that was a good thing) the club motto. And that's what you get.

Those buying the scarves are saying they don't settle for it.

Nil Satis No Optimism is your motto, Nellers, BT's, Leon's and the various people who sign up for occassional essays on why Bill is great (or some sort of diversion about Aston Villa) before disappearing after one or two posts like propaganda in the rain.
 
Those buying the scarves are saying they don't settle for it.

Nil Satis No Optimism is your motto, Nellers, BT's, Leon's and the various people who sign up for occassional essays on why Bill is great (or some sort of diversion about Aston Villa) before disappearing after one or two posts like propaganda in the rain.

Yeah keep telling yourself that as you look like a gang of teds with "no status no optimism" on YOUR scarves
 

Yeah keep telling yourself that as you look like a gang of teds with "no status no optimism" on YOUR scarves

Scarves don't do it for me Matty. But I do like the motto. Reminds me how far we've sunk and what needs doing.

Do you think a club where it's chairman stands accused by you of taking out scouting fee money has much status currently ?
 
Those buying the scarves are saying they don't settle for it.

Nil Satis No Optimism is your motto, Nellers, BT's, Leon's and the various people who sign up for occassional essays on why Bill is great (or some sort of diversion about Aston Villa) before disappearing after one or two posts like propaganda in the rain.

1. I post more on this thread than you.
2. I like the idea of a scarf and would wear the protest scarf, just not that one with its silly blue bird and total disrespect for the club's moto.
3. I do also like to post on purely football related matters. After all, this is the main reason for the forum.

Excellent comparison BT........ EFC board/Fifa.....Bill/Blatter. Very true.

Which is why extreme Kenwrongers will always remain on a par with the communist party of great Britain, self important, but irrelevant.

Scarves don't do it for me Matty. But I do like the motto. Reminds me how far we've sunk and what needs doing.

Do you think a club where it's chairman stands accused by you (damon) of taking out scouting fee money has much status currently ?

An accusation is not proof. Bring on the proof and I'll become a Kenwronger in an instance.
 
the motto is not a slur on the club, just the fact that ambition has been eroded by the total inadequacy of the board to fulfill its duty. those that do not see this are missing the point, i admit, it could have been done different, but nevertheless, its done.
as for BK taking money out, im not bothered about that, but if thats the reason you would go against him, i have to ask WHY?
not the business failures.
the lack of investment over his tenure in GP
KD
DK
FSF lying to fans
AGMs, or lack of them.
debt increasing, yet not to add to the squad.
lack of funds for the manager.
these are the reasons i found to distrust him,but hey, if you feel that issue is more important.
 
Are you swerve sirblue57 (from kipper)
Your intransigence with Bill Kenwright and the Everton board is plainn to see.
Do you ever post anything else on any everton forum other than to waffle on about the clubs finances ?
You're all to ready to post up anything negative about the club,yet are loathe to give any credit to anything this club achieves on or off the pitch.
If you consider Aston Villa and Randy Lerner to be the very epitome of how a football club should be run,then go and 'support' them,as it is abundantly clear you offer no support to everton.
None that I've ever read in any of your posts.
 

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