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

[Allezfan]

All that daft diagram proves is that you're going round in ever decreasing circles...and we know were that will get you. What on earth has that silly drawing got to do with the debate.

We both know that even if a billionaire came in, the usual moaning suspects would still moan, because its what they're happiest doing. Fortunaely a lot of the moaning is simply that, moaning, and is nothing to do with reality.

There is moaning because everton haven't won a trophy for nearly two decades.

If you're happy with that, fair play to you.

 

[teameverton]

You are certainly no Everton expert thats for sure.

So are you saying your an "expert"

 

[Big Doug]

There is moaning because everton haven't won a trophy for nearly two decades.

If you're happy with that, fair play to you.

well said, its not even that for me its a board who doesn't invest in the club chasing the top 4, unbelievable people say in the past moyes/the players had an inferiority complex and the media pushed that with "plucky little Everton" maybe its the FANS who have an inferiority complex as no other fanbase in our position would put up with it. Arsenal have moaned for years, the RS and even the Geordies make it known if money isn't spent and you can bet Utd would aswell. We just twiddle our thumbs clap clap clapping because kenwright (supposedly) is a blue.

 

[Bluesnapper]

So are you saying your an "expert"

You brought expertise and GP up.

 

[Jags]

So, reading the mailbox section of football365, I see a discussion begin over Newcastle's ownership. Firstly someone knee-jerked over the Cabaye sale, lack of replacement, and then heavy derby loss, and then someone said that it's not as bad as it seems. Then this reply was sent in:

Defending Ashley is your right to do, and I should respect that. I say should be I struggle to on the basis of your arguments.

Firstly how do you define stability? Whilst there isn't an inbox large enough to take my email on Shepherd/Hall failings, we weren't relegated under them, we didn't yo-yo from mid-table, to fifth, to skirting relegation, back to mid-table under them either. As for having the second longest serving manager in the league - so what? Pardew's cup and derby record are abysmal, and frankly under this owner these are all we're striving for (more on that below), so he ultimately fails on our only meaningful measure.

Our much lauded scouting system is great, if the intention is buy cheap sell high. Don't get me wrong, I'm as happy as any fan to see us build up someone like Cabaye, but I'd rather we kept these players at their peak. Buy cheap, don't sell? I'd take that. I don't buy the argument we need player sales to keep ourselves afloat - no one else in the league is following this strategy. Maybe because they get paid for their commercial agreements? Something Sports Direct, and MA aren't currently doing.

Therein lies the crux of the matter. The club is about making money, not sport. We don't want Europa league, cup runs or glory. All that's required is an 8th - 12th placed finish. How's that for ambition? This is not an angry backlash to (another) season of failing in the cups etc. but a fact stated by the club in their farcical fan forums. It was stated by the club: we do not prioritise the cups, we do not want Europa League football. There's little joy as a fan if you're not even really competing. As said by many before, you can't parade a balance sheet around the city.

As to indirectly referring as savvy to Ashley? This is a man who renamed a stadium the Sports Direct Arena, appointed Joe Kinnear and Dennis Wise, wrongly hired and then ruthlessly dispatched two club legends in Shearer and Keegan, bought Xisco and Nacho Gonzales (who? Exactly.), put the club up for sale on two separate occasions and accepted sponsorship deals with Wonga. One of the 20 richest clubs in the world was relegated under his tenure. He's good at flogging cheap sportswear but he knows [Poor language removed] all about football clubs.

It's rumoured 4,000 fans cancelled their season ticket renewals after Saturday, and Joe Kinnear goes. There's something to be said for fan power and maybe now is the time to stand. No one's asking for Sheikh Mansour but the Fat Controller needs to go and the only way it happens is refusing to defend his disgraceful conduct with our football club. Mike Ashley out.


Now obviously, there are many different details, such as the stability part, we hve been pretty stable, but the point about lack of investement, derby losses, cup losses etc etc makes me think that we are not too dissimilar. Now obviously we are a much better team, much better support (quality not quantity) etc etc, but maybe it is the same for every club? I've heard RS spout about lack of investment recently as well, which seems absurd. So, thoughts?

 

[davek]

http://www.keioc.net/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=430&cntnt01returnid=15

Throughout the Kenwright era Everton’s accounts have always featured an imaginative preamble, creative summaries coupled with emotional reviews of off-field activities which, whilst having little impact on the matters in hand, served only to deflect from the root cause of Everton’s prevailing problems, the non-performance of a demonstrably inept board and the insipid activities of an equally inept management team who continually lunge from one expensive crisis to the next such as Kirkby, Everton Place and the embarrassing and ultimately costly badge fiasco.

This year, somewhat surprisingly, they have surpassed themselves; an eighty page document, a massive 150% increase on recent years, leads the reader firmly down a long and well-trodden path. The question is, why?
In terms of the preamble, less would have definitely been more as, in comparison to previous years, the accounts presented this year appear positively glowing, turnover is up, costs are being controlled, it’s a club so lean and mean Mr Micawber would have been ecstatic, a club perfectly positioned to take advantage of this year’s massive windfall from the Premier League’s increased media payments. Yet perhaps the theatrical presentation and the equally positive accompanying press release, which the vast majority in the media will unquestioningly regurgitate, fails to hide the full story, fails to disguise the underlying trend seen by the more discerning eye.
The stark reality is that earnings remain insufficient to drive the business forward; indeed EBITDA yet again fails to even cover the interest payable on loans, borrowing, from unidentifiable offshore entities, remains a necessity with a further £10m borrowed during this period and player purchases, perfectly balanced via sell to buy, remain wholly dependent on continued disposals resulting in a heavy reliance on a short-sighted player recruitment policy whilst Everton’s continued inability to address the commercial opportunities, being exploited by all other clubs, continues to be somewhat of an elusive challenge, a major hindrance to competing financially with their peers in the Premier League. Yes the new media deal will make a difference in the future, if players and their agents are prevented from once again taking the lion’s share, but a rising tide lifts all ships and Everton, if they are to progress from this mind numbing mediocrity, desperately need to address their commercial shortcomings, the real reason why they continually fail to compete financially.
Attempting to develop commercial opportunities, opportunities which are being exploited to great effect by all other clubs, is a subject which KEIOC has repeatedly highlighted. The true nature of the deal with Kitbag is finally confirmed in the latest accounts when the income from the line “Sponsorship, Advertising and Merchandising” is compared to the previous year which was the final year of the Le Coq Sportif kit supply deal. When the record ten year, £30m, Kitbag deal was originally announced, in 2009, proclaimed as the best deal in the history of the club, it covered the sale of kits and merchandise through two shops and an online store. There was a separate five year kit supply deal with Le Coq Sportif but three years into this arrangement they were replaced by Nike in a deal negotiated by Kitbag. When brokered, Kitbag were also being announced as the financiers, with Sodexo, of the ill-fated £9m Park End “Goodison Place” development, a deal described by Everton’s CEO at the time as “a development which would be "self-funded" as cash would be taken from extended deals with catering partner Sodexo and retail partner Kitbag.” Surely Everton wouldn’t have signed away the rights to a Kit Supply deal so cheaply, deals that all other clubs in the Premier League are increasingly exploiting through their position in the most valuable league in the world? Surely not.

Whilst Nike, along with a host of major manufacturers, are paying millions a season, tens of millions in many cases, for the right to supply our individual Premier League clubs, even mediocre clubs, Everton aren’t seeing a penny, so the question is where is all the money going, who’s in receipt of Everton’s Kit supply money? This isn’t an insignificant amount we’re talking about, even a cursory look at what other clubs are receiving would indicate a figure between £50m and £100m over the term of the Kitbag contract. Let’s hope the commercial team doesn’t sign an extension with Kitbag as a form of compensation for the collapse in merchandise sales due to the badge fiasco! If true it really is the best deal in Everton’s history, the best deal for Kitbag!

The chairman writes “when I sit down to carry out my review of the previous year, I focus on whether our Club is in a better position than it was a year ago….the answer can only be a resounding yes” Really? Tuesday night didn’t feel like that, the above table doesn’t show that and the total lack of any form of investment from a single member of the board coupled with an inability to address the stadium issue due to a lack of any form of cohesive vision along with the continued trend displayed in these accounts tells anybody with a modicum of intelligence otherwise.

No doubt the board will answer this question, along with how they’re progressing on the sale of the club, the search for new investment and the progress on the new stadium at the forthcoming AGM, meetings which were traditionally held in the month following publication of the accounts, meetings that, you’ll remember, were reinstated following last year’s EGM; unless of course the board are going to renege on the vote taken by the shareholders?
Of course there are some real signs of hope, Roberto has arrived with a fresher and more appealing brand of football and at least one of the idiots who should never have been at the club in the first place has been rightly shown the door and replaced by a more competent individual.
Viva la revolución

 

[dholliday]

http://www.keioc.net/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=430&cntnt01returnid=15

Throughout the Kenwright era Everton’s accounts have always featured an imaginative preamble, creative summaries coupled with emotional reviews of off-field activities which, whilst having little impact on the matters in hand, served only to deflect from the root cause of Everton’s prevailing problems, the non-performance of a demonstrably inept board and the insipid activities of an equally inept management team who continually lunge from one expensive crisis to the next such as Kirkby, Everton Place and the embarrassing and ultimately costly badge fiasco.

This year, somewhat surprisingly, they have surpassed themselves; an eighty page document, a massive 150% increase on recent years, leads the reader firmly down a long and well-trodden path. The question is, why?
In terms of the preamble, less would have definitely been more as, in comparison to previous years, the accounts presented this year appear positively glowing, turnover is up, costs are being controlled, it’s a club so lean and mean Mr Micawber would have been ecstatic, a club perfectly positioned to take advantage of this year’s massive windfall from the Premier League’s increased media payments. Yet perhaps the theatrical presentation and the equally positive accompanying press release, which the vast majority in the media will unquestioningly regurgitate, fails to hide the full story, fails to disguise the underlying trend seen by the more discerning eye.
The stark reality is that earnings remain insufficient to drive the business forward; indeed EBITDA yet again fails to even cover the interest payable on loans, borrowing, from unidentifiable offshore entities, remains a necessity with a further £10m borrowed during this period and player purchases, perfectly balanced via sell to buy, remain wholly dependent on continued disposals resulting in a heavy reliance on a short-sighted player recruitment policy whilst Everton’s continued inability to address the commercial opportunities, being exploited by all other clubs, continues to be somewhat of an elusive challenge, a major hindrance to competing financially with their peers in the Premier League. Yes the new media deal will make a difference in the future, if players and their agents are prevented from once again taking the lion’s share, but a rising tide lifts all ships and Everton, if they are to progress from this mind numbing mediocrity, desperately need to address their commercial shortcomings, the real reason why they continually fail to compete financially.
Attempting to develop commercial opportunities, opportunities which are being exploited to great effect by all other clubs, is a subject which KEIOC has repeatedly highlighted. The true nature of the deal with Kitbag is finally confirmed in the latest accounts when the income from the line “Sponsorship, Advertising and Merchandising” is compared to the previous year which was the final year of the Le Coq Sportif kit supply deal. When the record ten year, £30m, Kitbag deal was originally announced, in 2009, proclaimed as the best deal in the history of the club, it covered the sale of kits and merchandise through two shops and an online store. There was a separate five year kit supply deal with Le Coq Sportif but three years into this arrangement they were replaced by Nike in a deal negotiated by Kitbag. When brokered, Kitbag were also being announced as the financiers, with Sodexo, of the ill-fated £9m Park End “Goodison Place” development, a deal described by Everton’s CEO at the time as “a development which would be "self-funded" as cash would be taken from extended deals with catering partner Sodexo and retail partner Kitbag.” Surely Everton wouldn’t have signed away the rights to a Kit Supply deal so cheaply, deals that all other clubs in the Premier League are increasingly exploiting through their position in the most valuable league in the world? Surely not.

Whilst Nike, along with a host of major manufacturers, are paying millions a season, tens of millions in many cases, for the right to supply our individual Premier League clubs, even mediocre clubs, Everton aren’t seeing a penny, so the question is where is all the money going, who’s in receipt of Everton’s Kit supply money? This isn’t an insignificant amount we’re talking about, even a cursory look at what other clubs are receiving would indicate a figure between £50m and £100m over the term of the Kitbag contract. Let’s hope the commercial team doesn’t sign an extension with Kitbag as a form of compensation for the collapse in merchandise sales due to the badge fiasco! If true it really is the best deal in Everton’s history, the best deal for Kitbag!

The chairman writes “when I sit down to carry out my review of the previous year, I focus on whether our Club is in a better position than it was a year ago….the answer can only be a resounding yes” Really? Tuesday night didn’t feel like that, the above table doesn’t show that and the total lack of any form of investment from a single member of the board coupled with an inability to address the stadium issue due to a lack of any form of cohesive vision along with the continued trend displayed in these accounts tells anybody with a modicum of intelligence otherwise.

No doubt the board will answer this question, along with how they’re progressing on the sale of the club, the search for new investment and the progress on the new stadium at the forthcoming AGM, meetings which were traditionally held in the month following publication of the accounts, meetings that, you’ll remember, were reinstated following last year’s EGM; unless of course the board are going to renege on the vote taken by the shareholders?
Of course there are some real signs of hope, Roberto has arrived with a fresher and more appealing brand of football and at least one of the idiots who should never have been at the club in the first place has been rightly shown the door and replaced by a more competent individual.
Viva la revolución

can you sum that up in one sentence, davek (or was that Big Doug?)

 

[Foot Long Hot Dog]

can you sum that up in one sentence, davek (or was that Big Doug?)

I can 'wind & piss'

 

[Ratkiller]

QUOTE=dholliday;2514315]can you sum that up in one sentence, davek (or was that Big Doug?)[/QUOTE]

Will this one do?


Whilst Nike, along with a host of major manufacturers, are paying millions a season, tens of millions in many cases, for the right to supply our individual Premier League clubs, even mediocre clubs, Everton aren’t seeing a penny, so the question is where is all the money going, who’s in receipt of Everton’s Kit supply money?

 

[Brennan]

WHERE'S THE EVERTON KIT SUPPLY MONEY BILL ?

 

[Toffeelover]

http://www.keioc.net/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=430&cntnt01returnid=15

Throughout the Kenwright era Everton’s accounts have always featured an imaginative preamble, creative summaries coupled with emotional reviews of off-field activities which, whilst having little impact on the matters in hand, served only to deflect from the root cause of Everton’s prevailing problems, the non-performance of a demonstrably inept board and the insipid activities of an equally inept management team who continually lunge from one expensive crisis to the next such as Kirkby, Everton Place and the embarrassing and ultimately costly badge fiasco.

This year, somewhat surprisingly, they have surpassed themselves; an eighty page document, a massive 150% increase on recent years, leads the reader firmly down a long and well-trodden path. The question is, why?
In terms of the preamble, less would have definitely been more as, in comparison to previous years, the accounts presented this year appear positively glowing, turnover is up, costs are being controlled, it’s a club so lean and mean Mr Micawber would have been ecstatic, a club perfectly positioned to take advantage of this year’s massive windfall from the Premier League’s increased media payments. Yet perhaps the theatrical presentation and the equally positive accompanying press release, which the vast majority in the media will unquestioningly regurgitate, fails to hide the full story, fails to disguise the underlying trend seen by the more discerning eye.
The stark reality is that earnings remain insufficient to drive the business forward; indeed EBITDA yet again fails to even cover the interest payable on loans, borrowing, from unidentifiable offshore entities, remains a necessity with a further £10m borrowed during this period and player purchases, perfectly balanced via sell to buy, remain wholly dependent on continued disposals resulting in a heavy reliance on a short-sighted player recruitment policy whilst Everton’s continued inability to address the commercial opportunities, being exploited by all other clubs, continues to be somewhat of an elusive challenge, a major hindrance to competing financially with their peers in the Premier League. Yes the new media deal will make a difference in the future, if players and their agents are prevented from once again taking the lion’s share, but a rising tide lifts all ships and Everton, if they are to progress from this mind numbing mediocrity, desperately need to address their commercial shortcomings, the real reason why they continually fail to compete financially.
Attempting to develop commercial opportunities, opportunities which are being exploited to great effect by all other clubs, is a subject which KEIOC has repeatedly highlighted. The true nature of the deal with Kitbag is finally confirmed in the latest accounts when the income from the line “Sponsorship, Advertising and Merchandising” is compared to the previous year which was the final year of the Le Coq Sportif kit supply deal. When the record ten year, £30m, Kitbag deal was originally announced, in 2009, proclaimed as the best deal in the history of the club, it covered the sale of kits and merchandise through two shops and an online store. There was a separate five year kit supply deal with Le Coq Sportif but three years into this arrangement they were replaced by Nike in a deal negotiated by Kitbag. When brokered, Kitbag were also being announced as the financiers, with Sodexo, of the ill-fated £9m Park End “Goodison Place” development, a deal described by Everton’s CEO at the time as “a development which would be "self-funded" as cash would be taken from extended deals with catering partner Sodexo and retail partner Kitbag.” Surely Everton wouldn’t have signed away the rights to a Kit Supply deal so cheaply, deals that all other clubs in the Premier League are increasingly exploiting through their position in the most valuable league in the world? Surely not.

Whilst Nike, along with a host of major manufacturers, are paying millions a season, tens of millions in many cases, for the right to supply our individual Premier League clubs, even mediocre clubs, Everton aren’t seeing a penny, so the question is where is all the money going, who’s in receipt of Everton’s Kit supply money? This isn’t an insignificant amount we’re talking about, even a cursory look at what other clubs are receiving would indicate a figure between £50m and £100m over the term of the Kitbag contract. Let’s hope the commercial team doesn’t sign an extension with Kitbag as a form of compensation for the collapse in merchandise sales due to the badge fiasco! If true it really is the best deal in Everton’s history, the best deal for Kitbag!

The chairman writes “when I sit down to carry out my review of the previous year, I focus on whether our Club is in a better position than it was a year ago….the answer can only be a resounding yes” Really? Tuesday night didn’t feel like that, the above table doesn’t show that and the total lack of any form of investment from a single member of the board coupled with an inability to address the stadium issue due to a lack of any form of cohesive vision along with the continued trend displayed in these accounts tells anybody with a modicum of intelligence otherwise.

No doubt the board will answer this question, along with how they’re progressing on the sale of the club, the search for new investment and the progress on the new stadium at the forthcoming AGM, meetings which were traditionally held in the month following publication of the accounts, meetings that, you’ll remember, were reinstated following last year’s EGM; unless of course the board are going to renege on the vote taken by the shareholders?
Of course there are some real signs of hope, Roberto has arrived with a fresher and more appealing brand of football and at least one of the idiots who should never have been at the club in the first place has been rightly shown the door and replaced by a more competent individual.
Viva la revolución

An excellent article Dave, pity some do not get the point and ask silly things like put it one sentence. That is the sort of apathy that needs to be discouraged.

To me there are two aspects to Everton FC.

1) Team management is being handled extremely well by Roberto even with limited resources.

2) Club (Business) managment from the board of directors and senoir management is dreadfully inept to say the least.

The aspects need to be kept separate and distinct from each other. I said previously somewhere on here I fear for the future, not next year or even a couple of years later but say 5/10 years down the road, how are the finances going. Say no more star players to sell, increasing overheads, will TV money still be there, With a limit on the ground's capacity how could ticket revenue be increased and maintain support.

Oh yes we are having at the moment a good season but fans should get their heads out of the sand and ask the board about the future. What are the board's plans to sustain Everton FC.

 

[dholliday]

pity some do not get the point and ask silly things like put it one sentence. That is the sort of apathy that needs to be discouraged.

Sorry mate, but can you put that in one sentence?

Hang on, let me guess: Kenwright and the Board are rubbish.


A more cogent response might remark that this particularly-fearful criticism has been heard many times over the last 10-15 years:

I fear for the future, not next year or even a couple of years later but say 5/10 years down the road, how are the finances going.

We're still here, fighting the good fight at the top end of the table. Financially, we're more sound than massively debt-laden clubs.


We'll be ok. Most of us are giving Bill the summer window to prove he can push us on to the next level, beyond ok. If he can't, there'll be a big chorus of Kenwright-out. But in terms of surviving, we're doing just fine.

 

[Sheedy's Third]

http://www.everton.vitalfootball.co.uk/article.asp?a=348395

Yawns ,turns on the telly ...........

 

[davek]

An excellent article Dave, pity some do not get the point and ask silly things like put it one sentence. That is the sort of apathy that needs to be discouraged.

To me there are two aspects to Everton FC.

1) Team management is being handled extremely well by Roberto even with limited resources.

2) Club (Business) managment from the board of directors and senoir management is dreadfully inept to say the least.

The aspects need to be kept separate and distinct from each other. I said previously somewhere on here I fear for the future, not next year or even a couple of years later but say 5/10 years down the road, how are the finances going. Say no more star players to sell, increasing overheads, will TV money still be there, With a limit on the ground's capacity how could ticket revenue be increased and maintain support.

Oh yes we are having at the moment a good season but fans should get their heads out of the sand and ask the board about the future. What are the board's plans to sustain Everton FC.

Agree mate, absolutely pathetic.

 

[Allezfan]

People always overstated the risks, tbh.

We haven't been in grave danger of relegation or administration for the last decade, just slipping to a trophy-less mediocrity, which we have done.