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

[BoysInBlue]

http://www.bbc.co.uk/sport/0/football/21621116

Piers Morgan's Premier League Predictions - "Everton are a very well run club..."

 

[D410]

Everton’s financial past is casting a shadow over the future of David Moyes

http://www.keioc.net/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=401&cntnt01returnid=15

The 49-year-old is in his eleventh year in charge at Goodison. He was condemned to struggle right from the beginning when Everton were unable to complete two deals that might have changed the face of football on Merseyside.

The first was not the club’s fault. A £30 million investment agreed with NTL fell apart when the cable TV company went into bankruptcy. Bill Kenwright and the Everton board reacted by borrowing money to fill the void. By the time the £30 million, 25-year loan is repaid, it will have cost Everton £68 million.

 

[Blue Truth]

F F S.

 

[Reidy's Bottle Of Grecian]

'koff NTL

 

[ijjysmith]

NTL were proper bad bells

 

[Foot Long Hot Dog]

That equates to £2.7M per annum, hardly ever going to make the difference between us & the CL clubs like.

That loan also consolidated the £19M overdraft that was left from the Johnson era.

In short, not the best piece I've ever read, but it was written by king of the kopites Evans.

 

[Moomin]

That equates to £2.7M per annum, hardly ever going to make the difference between us & the CL clubs like.

That loan also consolidated the £19M overdraft that was left from the Johnson era.

In short, not the best piece I've ever read, but it was written by king of the kopites Evans.

Did we not take the loan because we spunked a load of money on new signings on the premise of the NTL deal, once that collapsed we took the loan out against season ticket sales.

 

[davek]

NTL: other clubs got their noses into the telewest/NTL/Granada/BskyB trough (Villa. Liverpool, Newcastle, Boro, Celtic, Rangers, Sunderland, Man City...); our deal with NTL was pathetically late. No stars for that.

Securitization: a millstone around our necks that was only placed there because the board were too thick to get funding in and not prepared to put a penny into the club. £30M to pay back over 25 years at 7% interest (non-negotiable).

Both fantastic examples of the clown shoes at the helm of this club.

 

[Foot Long Hot Dog]

Did we not take the loan because we spunked a load of money on new signings on the premise of the NTL deal, once that collapsed we took the loan out against season ticket sales.

Part of it was to cover the money spent, but the majority was to cover the existing overdraft.

 

[Moomin]

Part of it was to cover the money spent, but the majority was to cover the existing overdraft.

More on the NTL deal from the echo back in 2001 after a few years from the collapsed NTL deal, 2 hours off FFS. But, we spunked 19 million on the premise of it though

http://www.liverpoolecho.co.uk/everton-fc/everton-fc-news/2001/10/05/the-deal-that-got-away-by-two-hours-100252-11347787/

 

[davek]

Two hours away from the NTL deal.
Investors that pull out in the last minute.
Deadline day signings that fail to get clearance at the last second.

...unlucky Bill. Keep plugging away though, this time next year we'll all be millionaires.

 

[zirc]

Yeah, but it's really Moyes' negative tactics that have doomed the club to midtable obscurity.

 

[Foot Long Hot Dog]

Yeah, but it's really Moyes' negative tactics that have doomed the club to midtable obscurity.

Is this a joke like?

Or are you posting from a coffee shop?

 

[Blackwatch1878]

http://www.bbc.co.uk/sport/0/football/21621116

Piers Morgan's Premier League Predictions - "Everton are a very well run club..."

That line Seems to of been ingrained into the mind set of a lot of media people, i wonder who by (earl, green, Cough), enough to mention it when there's a Camera about or article being wrote anyway

i Have always thought arsenal is a fantastically well run club and it Shows to , New stadium, Big incomes etc, But all ive heard piers do the last year or two is Moan moan moan about the people running them , The Irony

.

 

[Essex Blue]

More on the NTL deal from the echo back in 2001 after a few years from the collapsed NTL deal, 2 hours off FFS. But, we spunked 19 million on the premise of it though

http://www.liverpoolecho.co.uk/everton-fc/everton-fc-news/2001/10/05/the-deal-that-got-away-by-two-hours-100252-11347787/

I'm surprised that they went with the '2 hours away' line. Surely it would have been even more dramatic to say it was just one hour away, or they could have even said it was 15minutes away from being signed, that would have been a far better bad luck story.