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The Everton Board Thread

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Neiler said:
We also were in a position were we were self sustainable mate i.e. spending what we earned and supplemented by external debt and that was under Kenwright as majority owner and we really had a glass ceiling also, in terms of having to sell our best players, wage limits and having a limited transfer budget - the model requires skill - or rather a skill set in the environment something Moyes had. In our current guise the model has limits - we simply dont earn enough to be competitive - the way we would want to be.

For my money im not and never have been a fan of the billionaire approach - at this stage in our current circumstances - im sure people can see why, it creates a dependency and acceptance of massive losses - which with the advent of Profit and Sustainability rules isn't really a runner in modern football.

So what should Everton hope for? The buisness is still a few yers off being self sustainable, i had hoped to see green shoots in terms of our losses in the last accounts - but i was hugely dissaapointed with the losses we continue to make organically and only wallpapaerd over by the sale of our best players - with poor replacements, ultimately leading to regression.

The only show in town for us, is to broad base increase our revenue - the stadium has to be a catylet for that and revenue has to be facility led, secondly you are looking at skill, in terms of synergies - multi club model or revenue from commercial deals that the ground may accelerate. You are looking at skill of being able to identify the likes of a young Eze, Mitoma, Caicedo or Mac Allister etc and bring them through - as we used to be able to do under Moyes.

The self sustainable model for us has to be the only show in town, it needs to be skill and facility led and it needs to be done better then it was under Kenwright when he was majority share holder - how can it be done - the model out there is Arsenal and Spurs, evolution as opposed to revolution.
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Welcome to Everton, the new Brighton!
 
blueblueday said:
Hang on here. 777 partners are a private equity firm that purchases stakes in struggling companies, including sports enterprises. If you're looking for significant player transfer investment in a bid to challenge the top clubs then forget it. They will be looking to stabilise the club, through foreign youth player investment and increased commercial enterprises, while the stadium is built. They will then look to sell the club at a tidy profit when the time is right for them. They will have absolutely no love for our club and will see us as a project to make money from.

The above will sound attractive to many, understandably, right now but just understand in the grand scheme of billionaire football ownership these people are small fry. They certainly won't be looking to take on the big boys and bring back the school of science. Don't get me wrong this may be a good thing for us for the short term right now but be careful what you wish for as what you will really be seeing is years of consolidation and watching your beloved blues challenge to get into the top half, whoopee! Proper small time.
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Which will be refreshing as we won't be putting out fires on the accounts, be threatened with insolvency, embargoes, points deductions etc. It'll just be a normal stable club.
 
Efcjake said:
I'm very worried for what comes after Moshiri.

This MSP and 777 group don't appeal to me at all.

I can very much see us becoming a supporting piece they use to prop up another club like Udinese essentially is to Leeds.
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I'm very excited for when we get new ownership, because I no longer identify with the club. The Moshiri era has made me not even like my own club, and feel embarrased.
 

Efcjake said:
Better the devil you know.

Moshiri has been writing open cheques for us since he showed up. He hasn't taken a single penny out yet.

Unlike yourself, I believe the issues with how that money is spent are largely down to the people underneath Moshiri.

Once these yanks come in there's nothing stopping them from stripping us for parts to support another one of their teams that they're more interested in than Everton.

Moshiri doesn't have another team dividing his focus and resources like these groups do.
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The PL is the biggest league in the world by an absolute mile. I find this idea extremely unlikely, and it wouldn't make business sense.
 
Tony’s Carp said:
I think you’re missing the point of the situation we’re in. We’ve had the billionaire in and he’s damn near ruined us. As a result our P&S position means the richest man in the world couldn’t come in and spend what he likes. Everything you are talking about in terms of stabilisation, steady revenue growth etc is exactly what we need. The “they’re only interested in making a profit” line holds no water any more. Of course they are: but if the current owner had paid a bit more attention to profit we wouldn’t be where we are.
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Totally correct and people need to really start to understand this. There are 2 types of owners in elite level sports.

State backed owners with infinite money that use the club as a toy or for sportswashing.

Owners looking for a return on profit.

I mean lads let’s be honest with ourselves here, even Boehly going in at Chelsea and spending £3B will be looking for a return on his investment.

The most sickening part really is if you look at Moshiri, all things considered he’ll probably be able to break even on us, maybe even make a bit of a profit and that’s with absolutely running the club into the ground. That’s how obscene the money is in football at the minute, of course anyone coming in will be looking to do the same but they can’t be as incompetent as Moshiri and will also surely get rid of the likes of Kenwright and DBB by replacing them with at least serious business people.

I look at it this way, obviously the goal would be to get an elite structure in place but that might not happen, even still I’d prefer to have someone like Levy at Spurs who’s a tight arse but at least is an incredibly good business man which is what these will probably look for compared to the current crop who have no football knowledge but also no business knowledge.
 
Neiler said:
We also were in a position were we were self sustainable mate i.e. spending what we earned and supplemented by external debt and that was under Kenwright as majority owner and we really had a glass ceiling also, in terms of having to sell our best players, wage limits and having a limited transfer budget - the model requires skill - or rather a skill set in the environment something Moyes had. In our current guise the model has limits - we simply dont earn enough to be competitive - the way we would want to be.

For my money im not and never have been a fan of the billionaire approach - at this stage in our current circumstances - im sure people can see why, it creates a dependency and acceptance of massive losses - which with the advent of Profit and Sustainability rules isn't really a runner in modern football.

So what should Everton hope for? The buisness is still a few yers off being self sustainable, i had hoped to see green shoots in terms of our losses in the last accounts - but i was hugely dissaapointed with the losses we continue to make organically and only wallpapaerd over by the sale of our best players - with poor replacements, ultimately leading to regression.

The only show in town for us, is to broad base increase our revenue - the stadium has to be a catylet for that and revenue has to be facility led, secondly you are looking at skill, in terms of synergies - multi club model or revenue from commercial deals that the ground may accelerate. You are looking at skill of being able to identify the likes of a young Eze, Mitoma, Caicedo or Mac Allister etc and bring them through - as we used to be able to do under Moyes.

The self sustainable model for us has to be the only show in town, it needs to be skill and facility led and it needs to be done better then it was under Kenwright when he was majority share holder - how can it be done - the model out there is Arsenal and Spurs, evolution as opposed to revolution.
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I think the bold part is a very generous description of conditions under BK.

From the Blue Union interview - doesn't sound very sel;f-sustainable to me

What do you think our squad is valued at for insurance purposes? It's about £180m but the banks won't take that as security. You have to battle with your bank, daily for me. When David started I told him: 'I'll make you a promise, I've got no money but we'll move heaven and earth to give you £5m a year.' On average we give him £5.6m every year. Nine years that's £45m we haven't got. Add that to the overdraft [and] you can see what trouble we're in. Look, we have just done a document to the bank which says you can't stop the football club from trading. Do you not think the bank doesn't ask me every week how we're doing with the sale? They're desperate. So what I've told them is: 'Don't kill us this season.' No, I will not sell Jagielka, just as last year I was hung, drawn and quartered for not selling Arteta. You know the four players we don't dare sell. [Leighton] Baines, Jagielka, [Marouane] Fellaini and Tim Howard. In simple arithmetic if you want me to show you, £5m a year for nine years is £45m. The [Steven] Pienaar money [£3m] has gone to the bank
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ToffeeTim said:
How anyone can look at the current version of Everton, on and off the field, and say be careful what you wish for, is absolutely baffling.

I certainly didn't wish for this, and I certainly don't think new ownership could do any worse than Moshiri and BK
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john aldridge and kenny dogleash wouldnt have done any worse than those 2
 
Baggzio said:
Totally correct and people need to really start to understand this. There are 2 types of owners in elite level sports.

State backed owners with infinite money that use the club as a toy or for sportswashing.

Owners looking for a return on profit.

I mean lads let’s be honest with ourselves here, even Boehly going in at Chelsea and spending £3B will be looking for a return on his investment.

The most sickening part really is if you look at Moshiri, all things considered he’ll probably be able to break even on us, maybe even make a bit of a profit and that’s with absolutely running the club into the ground. That’s how obscene the money is in football at the minute, of course anyone coming in will be looking to do the same but they can’t be as incompetent as Moshiri and will also surely get rid of the likes of Kenwright and DBB by replacing them with at least serious business people.

I look at it this way, obviously the goal would be to get an elite structure in place but that might not happen, even still I’d prefer to have someone like Levy at Spurs who’s a tight arse but at least is an incredibly good business man which is what these will probably look for compared to the current crop who have no football knowledge but also no business knowledge.
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Boehly, Clearlake Capital, Hansjorg Wyss, and Mark Walter will all be wanting to see some scratch
 

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