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I think potential investors will wait to see what happens with DK, Any takeover will look a better proposition with a new ground.

Who in their right mind would want to buy a club then have the added expenditure of building a new ground when DK costs 75m and paying all costs themselves would cost in excess of 350m, as the [Poor language removed] have found out!!!
 
what we need is for this site to all start buying lottery tickets, win the lottery and then go to a casino and double or triple our money and then buy the club out.. its such a good idea it can't fail!
 
I dont want to be Man City, i dont want to be Liverpool, i dont even want to be Manchester United. I just want the manager of my team to be able to try and compete. Is that really too much to ask?

Sorry to jump in this thread after it has turned into the Baines vs Yobo thread, but...you ARE asking us to become Man City.

You presumably aren't asking us to become Portsmouth, who got in "investment", which was in fact bank loans that the club couldn't afford; short term, the club got one season of glory, but when the debt needed paying they had to sell all their best players, and are now in a worse position than they were several years ago.

You presumably aren't asking us to become West Ham, where the "investment" turned out to just be the underwriting of loans; a short period of matching the big boys for wages was quickly followed by the money drying up, leaving the club with huge debt, no income, and Lucas Neill on £80k a week.

You presumably aren't asking us to become Newcastle. Which is possibly surprising, as far as I can tell Ashley is the only invester to actually put his own money into the club. However, this is a case study example of what happens if you put somebody who knows nothing about football in overall charge of a football club. I mean, what if Kenwright received an offer for £400m on the provision that Moyes had to work underneath a Director of Football (which we all know he wouldn't put up with)?

You presumably aren't asking us to become Aston Villa. Lerner took over a club with zero debt, hired a decent manager and allowed him to borrow money from the banks to buy young, international class (or close to it) players that has allowed the club to rise from mid table medicority to UEFA cup regulars and Champions League qualification contenders. Only the first eight words of that sentence seperate him from Kenwright.

You presumably aren't asking us to become Liverpool or Manchester United. Their owners have actually taken money out of their respective clubs. Each has been able to maintain their position in the league solely because of their huge turnovers - they can afford to just give money to their owners and still be bigger than everyone else.

Which leaves Man City and Chelsea.

If I have missed out a Premier League club with investment, I apologise. However, I would be interested to know, exactly which of the above scenarios you are envisaging. Because, as far as I can make out, there are roughly three groups of people in the "Kenwright must sell" camp. Firstly, those who believe that there are a queue of Arab Shieks waiting to plough millions into Everton (these people usually cannot explain why these people aren't bidding for Liverpool, West Ham, Spurs, Sunderland, Newcastle etc). Second, those people who believe that Everton should follow the example set by Aston Villa (these people are under the impression that Villa's financial policy must be different from Everton's, because Lerner is foreign. In fact, Villa's policy is almost identical to Villa's, with the exception that Villa have more debt than us). And third, those that just argue in favour of foreign investment with no justification at all, because all the cool kids are doing it.

I would be genuinely interested if you could put a proper argument in favour of realistic foreign investment. Yes, it would be nice is somebody gave us money, no strings attached. But only two Premier League clubs have received that. To my eyes, all the other clubs who have received "investment" have received no benefit from it; at best they have received short term loans that they had to pay back a few years later.

So: which is a long winded (and mostly just preemptive) way of saying: if you don't want to be Man City, exactly who are you asking us to be?
 

Sorry to jump in this thread after it has turned into the Baines vs Yobo thread, but...you ARE asking us to become Man City.

You presumably aren't asking us to become Portsmouth, who got in "investment", which was in fact bank loans that the club couldn't afford; short term, the club got one season of glory, but when the debt needed paying they had to sell all their best players, and are now in a worse position than they were several years ago.

You presumably aren't asking us to become West Ham, where the "investment" turned out to just be the underwriting of loans; a short period of matching the big boys for wages was quickly followed by the money drying up, leaving the club with huge debt, no income, and Lucas Neill on £80k a week.

You presumably aren't asking us to become Newcastle. Which is possibly surprising, as far as I can tell Ashley is the only invester to actually put his own money into the club. However, this is a case study example of what happens if you put somebody who knows nothing about football in overall charge of a football club. I mean, what if Kenwright received an offer for £400m on the provision that Moyes had to work underneath a Director of Football (which we all know he wouldn't put up with)?

You presumably aren't asking us to become Aston Villa. Lerner took over a club with zero debt, hired a decent manager and allowed him to borrow money from the banks to buy young, international class (or close to it) players that has allowed the club to rise from mid table medicority to UEFA cup regulars and Champions League qualification contenders. Only the first eight words of that sentence seperate him from Kenwright.

You presumably aren't asking us to become Liverpool or Manchester United. Their owners have actually taken money out of their respective clubs. Each has been able to maintain their position in the league solely because of their huge turnovers - they can afford to just give money to their owners and still be bigger than everyone else.

Which leaves Man City and Chelsea.

If I have missed out a Premier League club with investment, I apologise. However, I would be interested to know, exactly which of the above scenarios you are envisaging. Because, as far as I can make out, there are roughly three groups of people in the "Kenwright must sell" camp. Firstly, those who believe that there are a queue of Arab Shieks waiting to plough millions into Everton (these people usually cannot explain why these people aren't bidding for Liverpool, West Ham, Spurs, Sunderland, Newcastle etc). Second, those people who believe that Everton should follow the example set by Aston Villa (these people are under the impression that Villa's financial policy must be different from Everton's, because Lerner is foreign. In fact, Villa's policy is almost identical to Villa's, with the exception that Villa have more debt than us). And third, those that just argue in favour of foreign investment with no justification at all, because all the cool kids are doing it.

I would be genuinely interested if you could put a proper argument in favour of realistic foreign investment. Yes, it would be nice is somebody gave us money, no strings attached. But only two Premier League clubs have received that. To my eyes, all the other clubs who have received "investment" have received no benefit from it; at best they have received short term loans that they had to pay back a few years later.

So: which is a long winded (and mostly just preemptive) way of saying: if you don't want to be Man City, exactly who are you asking us to be?

It's a long winded way of saying 'stay in your own back yard'.

I think we all get the idea that change brings with it certain dangers, but where would we be without it? Didn't the club's first board of directors incorporate the club in order to move away from Anfield and away from the control of an autocrat and in doing so create (and I mean Everton) a fantastically successful English football institution? Didn't the club take a chance in bringing an out and out businessman like John Moores on board in 1960 and his method of financing the club by standing behind the purchasing of players and ground improvements?

Change, adapt, survive, prosper.

Maybe people at the club just had more balls back then?
 
It's a long winded way of saying 'stay in your own back yard'.

I think we all get the idea that change brings with it certain dangers, but where would we be without it? Didn't the club's first board of directors incorporate the club in order to move away from Anfield and away from the control of an autocrat and in doing so create (and I mean Everton) a fantastically successful English football institution? Didn't the club take a chance in bringing an out and out businessman like John Moores on board in 1960 and his method of financing the club by standing behind the purchasing of players and ground improvements?

Change, adapt, survive, prosper.

Maybe people at the club just had more balls back then?

But "We did something a bit like this once, and it worked, so maybe we should try it again" isn't actually an argument in favour of anything, other than "be open minded to new ideas".

I mean, I agree with that and everything. But a lot of people's view is that Kenwright should sell to anybody who is interested, hand them complete control and step back into the shadows. The evidence in the Premier League is that this is a horrible idea. The point of my post was to show that handing over to an Ashley, Glazer, Hicks, Gillette or that bald Icelandic bloke would be bad. Handing over to a Lerner actually wouldn't change anything. So what exactly are we clammering for, it not to become a smaller Man City?
 
Better the devil you know, then the devil you dont know? Thats basically what your saying. I agree, most if not all takeovers have gone horribly badly. I mean i can only think of Man City as success story, in terms of owners who will just spend and spend and not increase prices or get bored like Roman has. I admit its a difficult time to sell and also for investers, banks are closing, banks are demanding money and not many banks are willing to do huge loans.

I do admit my dream takeover will never happen, i want somebody inbetween Lerner and City. I want somebody that will breeze into the club, pay off all our debts, retain Moyes, improve the squad and rebuild GP. Thats not going to happen, im aware of this. I do realise BK has done a wonderful job, hes kept the wolves from our door, we have huge debts, but i think they are manageable, the accounts prove that we can keep up repayments and still spend a little each year.

But every year others get closer to us, every year we over achieve, not every year will the likes of Spurs, City and others under achieve. We dont need billions, BK was wrong when he said this. He hasnt got any money, he spent everything he had buying the club, i will never critise him for being skint, he cant give what he hasnt got, i just feel his business management has been very poor. I mean this DK farce proves he loves to waste money.

My only wish is that he stops lying to us, stops wasting money on stupid ideas, improves the business side, the marketing side, the playing side. Hes not the man to do this, so its time for him to look for somebody to do this, its time for him to sell, not at the stupid £200m price he wants, but at a price in which we can attract a decent chairman, somebody with a decent business mind, somebody who realises that if they invested just a small amount into a huge club , with a massive fanbase he could make some money and still make us a force in the World.

We all have a dream, our dream is to become the best team in the World, AGAIN. Sadly i feel his dream is to milk as much money as he can upon selling.
 
I see it as a matter of opportunity cost. I'm far from sure that we can continue in our current guise because our income simply isn't large enough. Clearly we can earn more money or spend less. Generating more money through organic means is difficult because business takes time to change. Any additional tv money generally goes to players in wages so the net effect is minimal on a clubs finances.

So it would seem in the short-term that our only means of raising money is to sell players or take on debt. The latter strategy has been used a lot in recent years but there are limits to how much more debt we can take on. This has been shown in recent transfer windows by the club effectively selling to buy.

So that's one strategy, hope that Moyes can continue to find bargains and bring through young players until the new stadium comes and we'll have a little bit more money to play with. I'm not entirely convinced that even this will be enough as the revenue projections for Kirby aren't great, but it would give the club time to get other revenue streams motoring.

That in itself is pretty risky as Moyes midas touch may run dry, or Kirkby may be rejected, or the banks call in our debt and so on.

The alternative is to get investment in, and you've mentioned most of the options there. None seem ideal and carry the risks you mention. It seems to me however that the best option would be for someone to buy the club and invest in the short-term, whilst building up our commercial activities so that in the medium term we are fully self sufficient and generating enough cash organically to compete.
 

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