Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

 

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
Status
Not open for further replies.
The above valuation can be applied to most football clubs,with a few notable exceptions.
To make a profit from any football club is a very difficult undertaking, as an investment it makes little or no business sense.
Unless a buyer can be found with unlimited financial resources, then challenging for the premiership title and European glory,is but a distant dream.
Take a look at City and Chelsea for the financial resources needed, to achieve this aim.
 
Kings Dock cost us the most lad

If we had a new ground we would have had a buyer

Totaly agree. What happened to the ring fenced money??

I'll tell you what. Gregg was going to stump the money up for our part of the deal. But kenwright gradually had to lose controll of the club to Gregg.

kenwright decided he couldnt let go of the club even thou it would have been the best thig that could have happened to us. Just look at the echo arena, could have been new Goodison!!

For this, i will always hate Kenwright.
 

Totaly agree. What happened to the ring fenced money??

I'll tell you what. Gregg was going to stump the money up for our part of the deal. But kenwright gradually had to lose controll of the club to Gregg.

kenwright decided he couldnt let go of the club even thou it would have been the best thig that could have happened to us. Just look at the echo arena, could have been new Goodison!!

For this, i will always hate Kenwright.

I don't know a single Evertonian that doesn't feel sick every time they go past.
 
Yeh but lads, we wouldn't of had Justin Bieber or Radio City Live if it hadn't of been an Echo Arena, be grateful lads,
 
Sorry, not what i meant.

Who fault is it were not a good option any more??

Why are we not a good option?

No assets?

Future profits already morgadged...

Its the board that built up that debt, however they did it to pay the wages for players required to turn a very poor team into european challenging one.
I have no problem with that, we tried we failed, we did it as safely as we could. Can't forgive them for the lies, or KD but the debt was done to get Moyes the best players we could and I can forgive the board for having to sell fringe players to clear it, we still have a far better team than when they took over.
Its the boards fault we are not a good option because they should of sold a long time ago but back then we weren't exactly inundated with top quality offers because we were in debt and fighting relegation.
 
Its the board that built up that debt, however they did it to pay the wages for players required to turn a very poor team into european challenging one.

Why can't the business sustain the relatively modest outlay it makes on wages/purchases in comparison with other clubs without building debt ? Is there any remote possibility this could relate to poor management of the business by the board ?
It's a shocking concept admittedly.....
 

Simply excellent post.

This, or variant of, should be posted on all EFC websites and a mailshot to all press outlets commenced, it is bereft of ranting plus it is professional, READABLE! and very informative.

Well done Mick truly great work.

Can we get this out there to the journos.....
 
The Kings Dock deal collapsed in April 2003.
Paul Gregg didn't fall out with Kenwright until August 2004.

The Kings Dock deal fell apart with Gregg in the middle of it all. I seem recall some disquiet over 'excessive consultancy fees' paid to Gregg's companies at the time.

His subsequent takeover at Sheffield Wednesday also fell apart, because he refused to co-operate with the Sheffield Wednesday Supporters Trust that held 10% of the shares of the club.

Also, in terms of match-going at Goodison, Paul Gregg was just as much an armchair as Earl was. At least Earl has an excuse as he lives abroad. Gregg attended a handful of games at Goodison in 6 years involved with the club, with many months/sometimes years between attending matches. He only lived in Oxford.
 
I wish I hadent mentioned the Kings Dock now because I get a horrible sick feeling in the pit of my stomach any time its mentioned or I read something about it

Getting that ground would have changed the future of our club beyond anything we can imagine, Just picture going the match on a Saturday and drinking around the Albert Dock then bouncing straight into town after it, Imagine tourists visting the city and seeing the stadium, How many would buy tickets for the match, How many would get a box for a game, We would have been the folkal point of the city and without a doubt in my mind we would have had people fighting to buy us
 
The above valuation can be applied to most football clubs,with a few notable exceptions.
To make a profit from any football club is a very difficult undertaking, as an investment it makes little or no business sense.
Unless a buyer can be found with unlimited financial resources, then challenging for the premiership title and European glory,is but a distant dream.
Take a look at City and Chelsea for the financial resources needed, to achieve this aim.

We've courted and been courted by investors with almost unlimited resources who despite the lack of commercial sense would invest in a club like Everton. I have spoken often about the ridiculous valuation and how that may put investors off, however recently I have looked at it from a different angle.

The problem is that Bill, even after selling, still wants a part in the Club. Nowhere else has this happened. If you are going to over pay for a loss making asset the last thing you want is that the previous owners retain an interest or indeed have anything to do with the Club, and I think this is the major problem. No owner would want Bill as Chairman, Director or even sitting in the main stand. Bill is never going to agree to never set foot in Goodison again, let alone have no role in the club in future.

Persuade him to walk away after the sale and we probably are sellable - until such a time it is not going to happen!
 

Status
Not open for further replies.

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Back
Top