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Season 2011-12
The Mail Bag

Blues go Bump...

 20 Comments: First  |  Last

Looks like Birmingham City have tonight gone bust.

This will only bring Kenwright out of his bunker; he may now say that Yeung tried to buy us!

Blah blah, better the devil you know etc...

But, who else tried to buy us, Bill?

How much are we up for sale for?

Who owns BCR Sports?

Who owns Everton?

Robert Daniels, Liverpool     Posted 26/07/2011 at 23:44:40

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Hugh Jorgan
1   Posted 27/07/2011 at 02:24:51

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Just maybe it's true that Carson Yeung did try and buy Everton. And possibly many other charletans.

Though it does not give BK the right to run Everton as he does, sometimes it's better the devil you know...
Alex Kociuba
2   Posted 27/07/2011 at 02:23:02

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Where are you reading it has gone bust? Just used twitter for the first (and last) time and I don't see anything on any Brum pages. Nothing on Sky Sports etc either?
Eric Myles
3   Posted 27/07/2011 at 02:38:34

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I'm bored of these questions.
Victor Chang
4   Posted 27/07/2011 at 03:33:22

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Does this mean they lose their Europa Cup license and the Redshite somehow get into Europe again?
Keith Edmunds
5   Posted 27/07/2011 at 05:12:51

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It's on the Mirror website as an exclusive. Might be speculation reading the wording they have used.
Gavin Ramejkis
6   Posted 27/07/2011 at 08:24:01

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Its to do with Carson Yeung's assets being frozen and HSBC wanting proof that their loans can be serviced, the remaining staff are working towards a resolution of this but it might include the sale of remaining players to quell administration.

Whether or not Yeung looked to buy Everton the FA ratified him as being fit to purchase Birmingham, a hairdresser (what his background is) would have to cut a load of bloody hair to have the wealth he has.
Dave Brooks
7   Posted 27/07/2011 at 09:19:13

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Heard this from Gavin on another thread (thanks). For the record, their fan forums - generally - don't believe it's administration for the moment; more what Gavin (#6) outlines.
Neil Mulhearn
8   Posted 27/07/2011 at 10:25:38

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Although I think that Mirror might be jumping the gun a bit, Brum are in trouble financially.

I'm sure that whenever a club has been bought out in the last few years, they have examined several clubs first, and obviously that must include ourselves as we are in the public domain as being for sale.

And look what has happened at all the clubs that have been bought out.
RS - a bunch of US clowns followed by another US cowboy. Stadium no nearer to being resolved.
Brum - relegated, all players for sale
Blackburn - no investment, best players being sold
Villa - best players keep being sold, and only partial re-investment of funds
Barcodes - players sold, no re-investment
City - very lucky first time not to go bankrupt, even luckier to find arabs but a set of seriously overpaid shite who couldn't care less about the club

etc, etc

Maybe, and I know some people won't like this, blue bill really does have the best interests of the club at heart. Not selling ,when I'm sure he has had the chance, to the first foreigner with a big bank loan and false promises - waiting until somebody who cares about the club comes along
Jay Harris
9   Posted 27/07/2011 at 15:03:00

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Neil ? for Blackburn read Everton: "no investment, best players being sold"...

As sure as eggs are eggs the RS will have a "new" stadium before us, not to mention £100 million spent on reinforcements in the last 6 months.

Villa are getting reinforcements in, including N'Zogbia, while we cannot even afford £150k on a goalkeeper.

When will some people understand that Kenwright's cronies are killing this club and contribute nothing to its development.

Do you want to wait till the walls fall down at GP before you realise that Kenwright only cares about Kenwright.
Neil Mulhearn
10   Posted 27/07/2011 at 16:32:34

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Jay - its easy to criticise the board, especially Bill, but please look at this objectively.

Villa have sold their three best players to buy N'Zogbia, who although has talent, I'm very unsure about his temperament. Image selling Rodwell, Baines & the big Fella, N'Zogbia being brought in and Bill pocketing a £60mill profit. How happy do you think fans would be then?

The RS have undoubtedly spent big, their net spend is closer to £40 mill, and I feel they will bring that back to balance before they can buy more. They will try to shift at least 3 more players & the Cowboy won't have spent anything, whilst at the same time convincing the inbreds he has invested heavily. & don't be too sure about the stadium - they can't afford a new build, but won't rebuild because you can't sell the naming rights. Talk is cheap - I seem to remember the last clowns promising the stadium would be open by August.

And you could analyse other teams in the same light.

OK, we're skint but then so is 80% of the pl. We can't afford to buy anybody, but then who do we need? For me the only thing missing from the team is a 20+ goal scorer, and there aren't many of them about, not matter how much we have to spend.

A good start in August, and I really believe a CL spot can be ours, based on our form since nuts left.
Wayne Lloyd
11   Posted 27/07/2011 at 17:41:40

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Sorry Neil but people like you WIND ME UP. You need to look at the bigger picture... Villa's debt on spending over the last five years must be roughly £80mil, O'Neill spent a fortune.

Same as Bruce, and Roy Keane at Sunderland. You can't just look at the last six months.

I read on another site recently, all prem clubs debt on spending over the last 7/8 years, and Everton were down in about 12. What's our debt on spending over the last five years, about 5mil?
Gavin Ramejkis
12   Posted 27/07/2011 at 18:22:01

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Neil, other clubs sell to buy; Everton sell to pay the banks ? there's a pretty big difference.

Since last summer alone, Gosling's saved wages and lost sell-on fee, Yobo's loan fee and season long wage savings, Pienaar's sale fee and saved wages since January, Yakubu's loan fee and wage saving from January to the end of the season, Vaughan's saved wages whilst on loan and money from his sale and wages saved since, various other loans including wage savings on Wallace, Nsiala, Silva, Turner and Agard, and the sale of Bellefield.

What do you sell when you've ran out of players? At what point does selling first team players become detrimental to your league finishing place worth £700/£800k per place? What point does the general apathy and lack of general action from the chairman and board give enough fans impetus to tell them to shove their season tickets (already looking like 3000 down this season) before that takes a bite out of the £80m income? How long before the £4.5m per season debt servicing becomes unserviceable?

What's the other operating expenses that are over 20% of the club's annual income which has risen from £1.2m to £23.8m and counting in 12 years?

If it's raining outside it doesn't really take a weatherman to tell you does it?

Andy Crooks
13   Posted 27/07/2011 at 22:11:33

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Gavin, I'm looking forward to a detailed response from any Evertonian who believes that all is well. Your comments are, in my view, irrefutable.

We are scrimping to survive, There appears to be no long-term strategy in terms of finance, Hope that the youth system turns up a gem, sell him and hang on to power a bit longer, that's it really.

Kenwright is overseeing a slow, slow but terminal decline. Our best hope of salvation is a calamity in the finances of the game that will drag the rest back to us, because we aren't catching anyone.

How many stories of mismanagement, ineptitude and appalling marketing will we read on this site alone? No planning, no imagination, no spark, no sense of empathy with supporters, no fucking clue whatsoever.

What would Kenwright know, he's only the chairman? What a card the man is. Don't use just love him? He thinks we do.

Andy Crooks
14   Posted 27/07/2011 at 22:24:20

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Sorry about the typos. Also, as to the staggering increase in operating expenses does anyone have an idea or theory about this?
Ryan Holroyd
15   Posted 27/07/2011 at 22:49:35

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Neil, this made me laugh.

City - but a set of seriously overpaid shite who couldn't care less about the club.

Do you really think people like Distain, Heitinga, Fellaini, Saha, Yak, Bily give a flying fuck about EFC?

Eric Myles
16   Posted 28/07/2011 at 03:12:22

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Does anyone have a comparison of 'other operating expenses' of other clubs if we can't get details of our own? Are other clubs spending 20%+ of their income on these expenses? Do they detail them?

And what's this myth about an existing ground can't sell naming rights? The fans might not like it but there's no law against it, Newcastle did it.
Matthew Mackey
17   Posted 28/07/2011 at 09:58:40

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Have you ever thought that Bill Kenwright might just have a point here? Blue Bill have never said that the club is not for sale but what he has said is that he won't sell to anyone who does not have the long term interests of Everton Football Club at heart. I for one actually agree with that statement.
If you saw the recent C4 programme where they went undercover in the far east to expose various lowlife (inc Bryan Robson) and their clear abuse of the rules about owning more than one club etc, and their overall intension to "buy low", make loads of money and then "sell high" you may then start to realize that however unpopular Kenwright becomes due to his apparent unwillingness to sell, he does actually have a point and he does actually have our long term interests at heart.

What would you rather have,
(1) a Carson Yeung type of owner who doesn't give a toss about our history and what we stand for and who will bleed us dry and risk us going into administration or
(2) Would you prefer a more steady approach in these times of austerity where at least we are stable, have a good manager and consistently finish in the top half of the PL?

I am not saying that I am 100% happy with the state of our club at this time, but it could be a lot worse if we had a scumbag like Carson Young ripping the heart out of it.

For what it's worth, I now live in the W.Mids/Birmingham area and I can tell you that a lot of the B'ham Bluenoses are totally gutted and depressed about what has happened to their club recently. I would wish it on devoted football fan. And what makes it more depressing for them and something we should take note of is that there close neighbours Villa went thro an ownership change about 5 yrs ago when Doug Ellis the then owner refused to sell out to anyone whom he considered did not have the clubs long term interests at heart. He became a target for abuse by Villa fans, (sound familiar?) but he stuck to his guns and eventually found a buyer in Randy Learner who fitted the Villa ethos. Kenwright might just do the same.
Gavin Ramejkis
18   Posted 28/07/2011 at 14:12:35

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Matthew, the point about Carson Yeung has been discussed already and I've pointed out that the FA approved his takeover so must have ticked the right boxes for them, how does a hairdresser get that wealthy?

Black Bill uses the word investment Matthew and that's insulting to anyone's intelligence as I've said on another thread as a businessman if anyone offered me an investment opportunity in a company it most certainly isn't to take over the place, it's just an investment, if a anyone offered me a business for sale I'd wholly expect it to mean just that, lock, stock and two smoking barrels, warts and all.

Doug Ellis refused to sell Villa claiming the club's best interests at heart but was eventually found out as wanting the interests of Doug Ellis at heart, too many people still believe this porky about BK, DK pretty much nailed that lie through Elstone's testimony. 12 years and waiting, how long do we wait, relegation, bankruptcy, just curious as to what point the penny drops?
Robert Daniels
19   Posted 29/07/2011 at 21:43:50

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Sorry it took me a while to respond, work commitments etc,

This may come as a shock to you, but him with the blue rinse is a LIAR, he's lied to me personally, and he's lied to all of us.

I don't really want to go on for about an hour over his failings, and we've all heard them before. That man killed the KD, for his own gain, to keep control from Gregg.

Under his watch, we have fallen to such an extent , that the media view us as a club the size of Birmingham, Stoke etc. His greatest crime to me, is that he managed to lower everyone's expectations, divide our loyal supporters, again for his own ends in keeping control, he has got into bed with Green & Earl... to what extent will eventually emerge.

On our board are people with financial clout, Woods, Earl .... who incidentally said by the way, that he won't put a penny into the club, unless we end up in Kirkby.

Planet Hollywood? If a redshite director uttered those words, he would have been hounded out straight away.... Granchester, all though there are rumours that he won't invest because of Kenwright.

Carter, think he,s worth about 100 million,

Granchester, about £1.3 billion,

Earl, who knows, possibly, £3 or 4 hundred million... The list goes on, why did our friend Green (Bill's words ? not mine) broker the Shrek transfer? He has sold his soul.

Be careful what you wish for, my arse! The clock's ticking, Bill, watch this space! Your time is coming.

The death of a once great bastion of English football, with the greatest fans on earth, will be your epitaph. Bill, as Mr Sugar says, you're fired!!!!!!!!
Des Kenny
20   Posted 30/07/2011 at 16:11:18

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Stand by your team Evertonians. Sack the board and give us a future. Whilst Bill Kenwright and his cronies remain we will only sink lower and lower into eventual oblivion.

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