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

[Muggins]

Fair play for them not asking as it's confidential/300m probably.

Why do you reckon its kept confidential??

 

[CJ_EFC]

The problem that I see is that we have too many people holding majority shares who do not have a great deal of interest in what happens to the club. What we have is a minority shareholder who was handed the chairmanship trying to sell the club and there are too many “agents” acting on the club’s behalf trying to find buyers. Their has to be a board of some sort set up purely to find a buyer but BK thinks he can do it largely himself which he plainly can’t.

As for the price, I doubt BK has set a price I would think the club’s assets have been independently valued and BK might not fully know himself the club’s worth.

PS I should really be doing work but this is far more important!!!

 

[Seamus Colemole]

Fair play for them not asking as it's confidential/300m probably.

I think they should of asked him.

Sure he has every right to keep it confidential but they should of pressed him, said there a lot of people saying it might be an unreasonable asking price which is stopping us from being sold.

Asked him if in his own eyes as an outsider looking to buy the club would he find the asking price he is asking reasonable?

He'd squirm and say no whether its true or not but he should of been asked.

 

[Muggins]

The only reason I wondered that, is coz they were going hard with the questions...

Bill used the eff word and all sorts man.

Just wondered what the harm is in putting a value on the club which is up for sale. But then again, i have no experience of running a business so it could be something obvious.

 

[kenada_blue]

We are not selling players to pay the bank, we are selling players we don't need or who are in last year of a contract and would otherwise leave for free. The day we do start KEY selling players for that reason is when we know the club is in massive trouble, I believe we are operating okay we just arent able to match the £10-15M spending of the last 5 years. We have a good squad with some decent youngsters coming through, if things get really bad we can offload Heitinga, Bily, Yakubu, Arteta without things getting serious. BK said we cannot and wont sell the big four of Jags, Baines, Fellaini and Howard which is re-assuring to me

Doesn't matter how big the sale of a player is or if they were in the last year of their contract....a player was sold, that fee went to the bank. My point is that we are barely keeping our head about water that a percentage of a sold player has to go to the bank to keep them off our back.

The lower we finish in the league, the less money generated, the more likely players will be sold to foot up the bill to the bank, that's what we are looking at. We are touch and go.

Kenwright saying he won't have x player being sold doesn't mean anything. If that player is the only one that anyone is interested in, they'll be be sold either way. No one is wanting our squad players and if they are they want them for buttons.

 

[Rugby Toffee]

So are we going to see a break up of the squad. If so I presume Moyes will walk.. Not looking good.

 

[daz4matty]

Aworry for me is why has he come out now and not waited until the end of the transfer window does this mean more bad news with a major player going and not been replaced.

 

[Silas]

Fair play for them not asking as it's confidential/300m probably.

Didn't forget it was the only question not allowed. Understandably.

 

[Muggins]

Didn't forget it was the only question not allowed. Understandably.

I thought so.

I still don't know what the harm is in putting an estimated value on the club.

A business is only worth what someone will pay for it. Surely Bill has a 'ball park' figure in mind...

I thought the lads who did the interview did a good job at getting some interesting answers out of Bill.

 

[CJ_EFC]

Doesn't matter how big the sale of a player is or if they were in the last year of their contract....a player was sold, that fee went to the bank. My point is that we are barely keeping our head about water that a percentage of a sold player has to go to the bank to keep them off our back.

The lower we finish in the league, the less money generated, the more likely players will be sold to foot up the bill to the bank, that's what we are looking at. We are touch and go.

Kenwright saying he won't have x player being sold doesn't mean anything. If that player is the only one that anyone is interested in, they'll be be sold either way. No one is wanting our squad players and if they are they want them for buttons.

I don’t agree, Pienaar wasn’t going to sign a new contract at the terms offered to him so that made him expendable to a degree. We still have a team could enough to finish in the top eight and the teams around or below us are in a similar position of having to sell before they can buy and with overdrafts shortened by the banks. If we had to sell players, then Jagielka would have gone to Arsenal for £12M by now, we can still afford to ask top price for most of our key first team players hence rejected bids for Baines and Fellaini lately.

 

[atrottel]

I would like to know what this fairly ludicrous-sounding 'document' is that the bank has signed to guarantee that they won't shut us down.

I'm sure Lehman Bros. and various other companies that went to the wall/got taken over would have been interested in this 'Get Out Of Jail Free' type of document.

That's why I would have like someone qualified (although I appreciate the efforts from The Blue Union) asking the questions and follow-ups. Someone like Greg O'Keefe would be a prime suspect if he didn't appear to be under the impression that journalism consists solely of rewriting content created by other people.

I would love to see Raphael Honigstein (who's already commented about it) or David Conn sit Kenwright down and ask him some decent questions.

As far as the financial stuff goes, it was pretty well covered back in 2010 here:
http://swissramble.blogspot.com/search/label/Everton

 

[Warzycha's Caterpillar]

The big worry to me (and obviously to Bill and co) is Fellaini. At the moment he is a £15-30m+ asset (depending on whether you're Cookacho or a RFUS). An asset who's contract is ticking down. If he leaves on a free we are in some serious s**te.

 

[Ezekiel]

The big worry to me (and obviously to Bill and co) is Fellaini. At the moment he is a £15-30m+ asset (depending on whether you're Cookacho or a RFUS). An asset who's contract is ticking down. If he leaves on a free we are in some serious s**te.

the joke offers teams are putting in for our players are undervaluing them anyway. we are in a bad position unless we get a serious bidding war.

 

[kenada_blue]

I don’t agree, Pienaar wasn’t going to sign a new contract at the terms offered to him so that made him expendable to a degree. We still have a team could enough to finish in the top eight and the teams around or below us are in a similar position of having to sell before they can buy and with overdrafts shortened by the banks. If we had to sell players, then Jagielka would have gone to Arsenal for £12M by now, we can still afford to ask top price for most of our key first team players hence rejected bids for Baines and Fellaini lately.

Its not the reason why he was sold, its what happened to the fee. It starts with out of contract players going for nominal fees that go to the bank, to a certain amount of big money transfers going to the bank future down the line.

For our "sell to buy" policy it's adds am extra constraint because we can't spend the full amount of the transfer fee. We couldn't get a loan in january because the pienaar fee went.

Of course we can demand a high fee for players, and we don't have to sell...but the threat is there. We slip up and have 1 bad season, percentages of transfers will fund the bank debt.

Kenwrights come out basically saying we can't buy anyone and we've had to fund a bank debt by player sales, I'm sure Vaughans fee will have been used too and Yaks loan fee...if I were baines and fellaini etc I'd be out on the first enquiry because this club is going nowhere

 

[dave1001]

Just my opinion but I don't believe half of the convo in that! I think a lot of it has probably been spiced up an exagerated to portray it as Kenwright losing it and the Blue Union as the cool headed ones! (Which from some network sites I've seen a lot of them aren't!)
An I know I'llbe called as much as the man himself.
This Blue Union group are the ones who when you try and have a half decent conversation or even a opinion of your own you get called many various very decorative names.

If people are so bothered an outraged by Kenwright and the board then surely it is time to walk the streets with a few banners and protest?
Saying we have to much pride to do what them lot across the park did is just a poor excuse! It worked for them! It got publicity and it got the board out!

Sorry for the rant and I'm ready to be hammered by many but its all boring now hearing the same insults towards Kenwright and its just tiresome having to hear the same stuff been spouted!