For all of Bill Kenwright's pointless posturing concerning his 24/7 search for investment, the involvement of Christopher Samuelson, Keith Harris and the appointment of numerous CEOs charged with holding the poisoned chalice, we remain no further forward in terms of financial stability.
Colin Fitzpatrick has posed the question of interim stewardship yet there remains a lack of support or significant groundswell from within the fanbase for such a concept to become reality. If Bill Kenwright truly wants to find a consortium or wealthy individual then this is surely the only arrangement that can work without prejudice, meddling, or self-serving interest.
Martin Broughton had this remit at Liverpool and within six months was able to deliver upon this objective. Like selling a house, car, business or commercial enterprise what we need to know is (a) what is the market value of Everton FC? and (b) like an estate agent, advertise the business for sale based upon this valuation.
I am certainly not holding my breath on such a strategy being played out but, with the current situation, do we have anything better in Kenwright and Co than the other lot across the Park had in Hicks and Gillette?
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EFC to date don?t have that issue. Broughton arranged a buyer on the cheap to the value of the debt owed to the bank, which was a good deal for the bank... but was it good for LFC??? ? Who knows? Since then, they have scrapped the new stadium due to lack of funds and sold players to cover expenditure, just what EFC have been doing for the past 5 years.
They appoint KD to give them time and appease their stupid fans, these new owners to date haven?t added value apart from clearing the debt. EFC can do that tomorrow by selling Rodwell and Streak.
Please, when you look at comparisons, look at the finer details as EFC problems are different than most other clubs. We need a massive cash injection that will return very little if any money to any interested party, therein lies our problem. This problem we have is bigger than your hatred of BK. COYB
We arent for sale and more to the point 'we' as in you and I have no part of ownership and therefore say as to what happens in Ken's corner shop. Only through the likes of a fans trust could we even begin to have some form of sway.
Your only option is to grin and bear it, or vote with your feet. We can however sit on the sidelimes and throw stones as our beloved club goes to the dogs.
I can't believe for a second that it's down to Goodison's age and state. Look at QPR: Loftus Road is a shack even beyond ours yet they attracted interest whilst outside the exposure and glitz of the Premier League to become one of the richest clubs in the world.
So tell us, oh mighty board, where are we coming short?!
If we get to the start of the season with the same board and management structure, then I'm finished with it, lads. I have invested year upon year a lot of emotion and money in this club, as have a lot of us on this site. I honestly cannot do it anymore.
All as I end up feeling is let down, miserable and bitter and twisted. Bitter and twisted toward the state we are in as a club and not toward other clubs.
Then in January, after the optimism of a top 4 challenge had been unceremoniously squashed, we sell our most creative player, and don't replace him, it's a shambles and the lack of transparency and accountability at the club is depressing.
And as for Kenwright's and Elstone's claim that we are for sale, aargh! If you want to, seriously want to sell something ? you will! No excuses and no more lies.... KENWRIGHT OUT!
I think he paid £800 per share or so when he bought out Johnson so he would need to explain what value he's added since then if he's looking to sell at any figure in excess of that. I think that is precisely the reason why he's "bored with that question!"
The American market is huge. Yes, you cannot overtake the big boys of baseball and American football, but you don't have to get to be lucrative. Take NBA as an example. The top players are paid a lot more than those in the English football. And they have a more egalitarian system of drafts and picks. It's a land of 300 million people.
The Asian market is huge. Put China and India together, you get two thirds of the world's population. And you are talking about a very fast growing middle class in both countries, ie, money to spend. As far as I know, the dominant brand of football they are more familiar with is British/English football.
For India, and many Commonwealth countries, the answer is bleeding obvious. But the attempts to break into the market are almost non-existent, except for broadcast. Then again, with so many fans moaning about how transatlantic pre-seasons are useless, or Asia visits are a waste of time, it's perhaps symptomatic of the larger issue... most people CAN'T see beyond the UK.
We can't have it both ways, can you? We want good pre-season with quality clubs (even that is contentious). We don't want to travel far away, say that it's a waste of time, but sound astounded that people from elsewhere don't know about us, and then a billionaire to spend hundreds of millions to pay off our debts.
And should that someone come along, we complain that they are some rich, mercenary person who doesn't have a sense of history, passion, and just wants to make money off the club.
Sorry guys, there is a reason why we WERE the Mersey Millionaires. Nobody can sustain that kind of giving without being calculative about what kind of returns they can get.
For selfless giving, well the only way I see it is fans banding together and giving, as suggested by many here. But there is probably a reason why they are only the minority: it's incredibly difficult to make this type of arrangement work.
Like I said earlier, it's more a less a matter of public record what BK and Co paid to buy out Johnson so most of us have an idea of what would be considered a reasonable profit for such an allegedly committed Evertonian who insists he has only the best interests of the club at heart. The fact he won't even announce a price range to me speaks volumes about his serious intent to sell!
How often do people mention '24/7' on here? Do people not know it's an analogy? Things always seem to be taken wildly out of context with BK. Is it deserved based on the things he has said in the past (ring-fenced etc.)? Probably, yes. But I am one of these people that does not believe a thing unless it has some credible evidence. The guy has had his fingers burnt for making statements in the past that were not necessarily in his control to make. Now he won't comment on anything. To suggest that the club is valued at 3 times more than Villa changed hands for is staggering. Personally, I'd be unhappy if we were valued at above £80M, never mind £180M...
To get Everton to being title contenders with a stadium capable of making decent revenue, is not exactly something that I would consider a risk-free investment. It's going to take big up front money, with no guarantee that it will be successful.
I don't see trying to take on Abramovich, the Arabs and the Glaziers as an appealing prospect.
Of course, you have to factor in debt, which has increased from £19 million in 1999, to £44 million in 2010. Which is 234% increase over that period, and suggests it's much more manageable now than it was in 1999. £100-120 million does not seem like an unfair asking price for 70% of Everton's shares, when we use financial facts and income growth to come to that conclusion.
Players will no doubt be sold this summer in order to balance the books. I would not be suprised to see Heitinga, Yakubu, Vaughan, Saha and possibly Arteta moving on to pay off some debt, and younger players on lower wages coming in as replacements.
I am not 100% convinced of Moyes's tactical knowledge, but I am more confident he has the ability to pick out gems that will move the squad forward. The burning question is: How much money will be available to Moyes after servicing the debt?
The premise is still the same. Everton was sold for £20M, not £30M.This board needs removing entirely, if we are ever to sell anything.Also, I remember a couple years ago regarding redevelopment, it wouldn't cost anywhere near £250 million. In fact I am sure it said the cost for a structural rebuild, would come in at around £75 Million, it would probably be cheaper still now with the cost of steel being much lower than it was at the time when the evaluation was carried out.
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