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

[D410]

and is what they have written backed by admissible evidence? If so what is stopping seeking justice?

I could swear KEIOC have a QC on the books.

 

[Moomin]

http://swissramble.blogspot.co.uk/2011/09/everton-no-blue-skies.html

Good article from a few years ago.

 

[Chang Elephant]

I think we all learned a few valuable lessons though. I know I did.

I tested nine very specific points that can be quickly verified from public record on a sample of Bill Kenwright swimming partners. 9 out of 10 respondents preferred evasion.

 

[davek]

I tested nine very specific points that can be quickly verified from public record on a sample of Bill Kenwright swimming partners. 9 out of 10 respondents preferred evasion.

Well, there's worse things than evasion, that's what I've learned.

 

[Chang Elephant]

Which "jump" in OOC are you talking about? There's clearly an accounting change from 2004 to 2005, but I'm not versed enough in the books (and not an accountant) so it's not obvious to me what the changes were. In 2004 you see that "Other Operating Costs" are £504,000, but in 2005 the restated 2004 numbers show this to be £12,120,000. The 2005 numbers also omit these categories from 2004 and previous years: "Professional Costs", "Other Costs", and "Merchandising." The sum of these categories in 2004 was $36,908,000. I do not think "Professional Costs" includes "Wages and Salaries" since this subheading totals to £33,171,000 for the same year. I'd need someone smarter than me to sort out exactly what the Professional Costs are (because I can't get them to add up), but If you're looking for the "increase" in OOC, I think you've found that it's nothing more than a change in accounting and a restatement of values to reflect a new accounting standard. If you're speaking of some other jump, please excuse my presumption. Using the 2004 restated values (omitting OOC for prior years), you have:

Your last column is OOC's - the jump is 2007 to 2008

 

[davek]

Your last column is OOC's - the jump is 2007 to 2008

£11M to £21M - I expect that was transport expenses and beverages and such like - and so on and so forth....

 

[Chang Elephant]

£11M to £21M - I expect that was transport expenses and beverages and such like - and so on and so forth....

All so unimportant and easily explained, that the board don't bother to. Maybe the change in accounting conventions in 2004/5 caused the 2007/8 jump and Serenity has it nailed ?

 

[SerenityNigh]

OOC has the least steep slope. I would like to think that if the Board were actively siphoning money, this line would have the steepest slope. Then again, some here suggest those guys don't know what they're doing, and inability to properly steal money may be further evidence to that end.

 

[davek]

All so unimportant and easily explained, that the board don't bother to. Maybe the change in accounting conventions in 2004/5 caused the 2007/8 jump and Serenity has it nailed ?

Changes in accounting conventions....yes, that sounds plausible. We'll settle on that then.

 

[SerenityNigh]

£11M to £21M - I expect that was transport expenses and beverages and such like - and so on and so forth....

You could look at trends and averages, but only if you want to use maths as evidence.

 

[SerenityNigh]

Your last column is OOC's - the jump is 2007 to 2008

Explain to me then the steep decline from 2006 to 2007? Was this like the man who confessed his first affair, only to begin another shortly thereafter?

*I'd also like to know why there is such a decline from 2010 to 2013?

 

[Steve Wigan]

We're waiting for the public domain stuff on EFC OOC details first Steve, there's a queue here

A queue of the usuals, no one else, because I didn't say I had details. The list that Elstone confirmed is a few pages back . Have alook.

 

[Steve Wigan]

I could swear KEIOC have a QC on the books.

Well he had better be careful, IF he's withholding evidence of fraud.

 

[Chang Elephant]

A queue of the usuals, no one else, because I didn't say I had details. The list that Elstone confirmed is a few pages back . Have alook.

It has no details it's just a list of potential cost headings ?

 

[D410]

Well he had better be careful, IF he's withholding evidence of fraud.

oh dear.