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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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QPR Nike deal 45 MILLION over 5 YEARS - CHAMPIONSHIP club
Everton 30 MILLION OVER 10 YEARS - PL club

How can we compete with the shiny lights of London and championship clubs I will never know?
 
QPR Nike deal 45 MILLION over 5 YEARS - CHAMPIONSHIP club
Everton 30 MILLION OVER 10 YEARS - PL club

How can we compete with the shiny lights of London and championship clubs I will never know?
I stated on another thread, QPR have only announced the length of contract, no money mentioned at all.
 

QPR Nike deal 45 MILLION over 5 YEARS - CHAMPIONSHIP club
Everton 30 MILLION OVER 10 YEARS - PL club

How can we compete with the shiny lights of London and championship clubs I will never know?

That QPR deal will be laced with performance related clauses. Like the often quoted Sunderland mega bucks shirt deal.

Doesnt excuse our rather anemic looking deal though.
 

The operative words in that article are "speculation in the British press".

Even if QPR were getting £30M over 5 years rather than the reported £45M it'd still make Everton's deal with Kitbag look an utter disaster...which it is.

Elstone gave that commercial asset up for a knock down price in order to get cash in upfront to prove to the Kirkby Stadium Inquiry that the club had the wherewithal for their end of the deal. It was a gamble and it blew up in his face. He should have walked. It's left Everton tens of millions down in revenue. I'm sure all his old mates at Deloitte will be laughing their bollocks off at that horrendous act of commercial lunacy.
 
Even if QPR were getting £30M over 5 years rather than the reported £45M it'd still make Everton's deal with Kitbag look an utter disaster...which it is.

Elstone gave that commercial asset up for a knock down price in order to get cash in upfront to prove to the Kirkby Stadium Inquiry that the club had the wherewithal for their end of the deal. It was a gamble and it blew up in his face. He should have walked. It's left Everton tens of millions down in revenue. I'm sure all his old mates at Deloitte will be laughing their bollocks off at that horrendous act of commercial lunacy.

Less of a disaster than losing money on merchandising, which was what was happening before it was contracted out.
 
Less of a disaster than losing money on merchandising, which was what was happening before it was contracted out.
Steve, I get that you're fighting the (apparent) zealotry on the other side, but this is nonsense. Regardless of how you feel about the board and their motives, 30 million over 10 years is catastrophically bad business for a top half Premier League club.

Mainly because of the 10 year number. It leaves us no room to improve our deal assuming we come into real success. We should never have signed a 10 year deal unless the money was ridiculously good.

This is a false equivalency, that we either could take the 30 million or lose money. Anyone with decent business sense can get money on kit deals in the Premier league, simply because most real businesses understand that it's cheap advertising at nearly any price. Kitbag is an unequivocal disaster because of the 10 year figure staring up.

If we only got 3 million a year for 3-4 years, it would be bad, but fixable. 10 years is a massive mistake.
 

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