ForeverEverton
Player Valuation: £40m
The way he is talking is that it has moved forward and set to be signed
ultra
Player Valuation: £15m
With the current Board, investors would be better putting their money in a bin and setting fire to it.
If the investors are as savvy and professional as all the reports suggest, surely they would not be happy with a multi-million pound business being run like a corner shop?
If the investors are as savvy and professional as all the reports suggest, surely they would not be happy with a multi-million pound business being run like a corner shop?
Was in the papers a few days ago, 105m for 25% and 2 seats on the board.
You’d of thought so, will definitely put pressure on the existing board, though Bill and his cronies can still out vote them, though im
Not sure how that all works.
You’d hope they would put pressure on moshiri if they felt the current board are clueless, which we all know they’re
OnlyTheBestIsGoodEnough
Player Valuation: £950k
The new investors can call for an AGM since they own a 25% stake in Everton, what they choose to address if they do host one is up to them I suppose
Streetender1878
Player Valuation: £1.5m
I just hope whoever is buying in brings a higher skillset with regards to marketing and sponsorship deals. Massive 18 months for the club. Alot of the deadwood and wages will be off the books this summer and we should be free of the profit loss thing.
The current board will be changed when this investment happens.
Kenwright will have a non exec role and be given a fancy title.
New CEO from the US element.
Regarding the FFP we have at least 2 more years of being sensible.
Streetender1878
Player Valuation: £1.5m
Do you think we will have money in the bank and enough room for a few transfers and wages this summer?
Not sure, the sale of Gordon will help. We are reliant on Moshiri propping the accounts up. The new stadium will help with our accounts.
The thing about Premier League P&S people seem to not realise, it is earnings related. You can only make PROFIT if your REVENUE exceeds your COSTS
Everton spend 91% to 96% of revenue on wages alone
This has been why there has been so much criticism of Bill Kenwright and Denise Barrett-Baxendale
They've never achieved performance in commercial revenues. Ever. They exaggerate and claim things that are untrue.
They tried to claim the STAKE deal was a record and significant increase over CAZOO.
It was actually about £300,000 more per year over CAZOO.
For context Denise Barrett-Baxendale takes home around £960,000 a year and Bill Kenwright around £1.2 million a year.
This is what we are dealing with.
Virtually everything is outsourced too. Merchandise, hospitality etc. So the club gets a flat yearly fees and there is no looking for growth. Ever.
The culture at the club is all wrong
With non-commercial individuals who lack necessary experience on the board.
Streetender1878
Player Valuation: £1.5m
Ta la.
Iana
Player Valuation: £1m
Sorry to be pedantic but according to the last set of annual accounts the highest paid director is paid just over £2m and the total for the Board is £4m so I think your numbers are under called for either Kenwright or “little Miss Headlock”.
I do agree with your overall sentiment.
Mutzo Nutzo
Player Valuation: £60m
Hopefully chairman and CEO
Yep, you could replace Sharpy's expertise with a potted plant of some description.
