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felixhamill said:
Wallyrainey said:
felixhamill said:im in, i would want some sort of council set up like barca did and elections held between the donators....
Why would we need a board or elections. We would be normal fans putting money in. As far as I'm concerned we would be doing this to provide funding for the club not to have input as to how the club is run. Who are we? Ebbsfleet?
All we need is some binding agreement as to what the money is used for. If we start bringing in a board or elections then we enter the realm of politics and that has never ended well.
If we start bringing politics in then no matter how well intentioned it is now eventually there would be a split in the camp and half the people would walk away and we'd lose half the funding. Elected representatives would start wanting expenses and salaries, that's less money going to the club. Basically human nature would get in the way.
I'm in on the basis that my quid goes into an account and is given the club for a range of defined purposes.
i understand what you are saying but to just put the money in and expect it to run smoothly can not be garrenteed. some people are going to have to be involved to manage it, have talks with the club to make sure the money is used properly and to work on bringing in new donations. these things dont just run them selves.
gwladysstreet said:
felixhamill said:
Wallyrainey said:
felixhamill said:im in, i would want some sort of council set up like barca did and elections held between the donators....
Why would we need a board or elections. We would be normal fans putting money in. As far as I'm concerned we would be doing this to provide funding for the club not to have input as to how the club is run. Who are we? Ebbsfleet?
All we need is some binding agreement as to what the money is used for. If we start bringing in a board or elections then we enter the realm of politics and that has never ended well.
If we start bringing politics in then no matter how well intentioned it is now eventually there would be a split in the camp and half the people would walk away and we'd lose half the funding. Elected representatives would start wanting expenses and salaries, that's less money going to the club. Basically human nature would get in the way.
I'm in on the basis that my quid goes into an account and is given the club for a range of defined purposes.
i understand what you are saying but to just put the money in and expect it to run smoothly can not be garrenteed. some people are going to have to be involved to manage it, have talks with the club to make sure the money is used properly and to work on bringing in new donations. these things dont just run them selves.
promotion would be a fairly ad-hoc spare time thing, member bring member sort of thing via twitter and facebook and the like.
i'm sure the club would put something on their site and also match programmes, also with it's unique nature I'm sure local press and tv would be interested.
Look how much publicity negertonians like the Bunion have generated, with nothing really new or positive to say.
I'd like a page maybe on facebook (because it's free hosting) which could be updated with a balance each month or so, and if DM wants the money he just lets us know. Money to be spent on player acquisition (dunno if that should include wages...)
p0peye said:Having read this thread, the idea of fans contributing is indeed laudable and depending upon the defining of exactly how such donated funds are to be used, is well worth persuing. However, defining how such funding is to be spent is the real issue. Is it used to reduce the debt or used to boost the clubs own tranfer/wages kitty ?
As I see it, it has to be a case of first things first. Someone needs to define mechanism whereby fans can initially give an indication of their willingness and ability to donate a set amount per week/month. Open up a registration scheme to first of all determine the potential numbers and therefore the potential revenue stream. Only then, when an idea of the potential can be relatively accurately gueestimated, can the process of determining who adminsters it and how it is to be used begin in earnest.
This needs serious thinking and sound planning and structure before asking anyone to actually donate. Planning and structure are key to taking this idea forward and to making successful and attractive to every possible Evertonian on the planet to get them to join in.
gwladysstreet said:
1ceablue said:
gwladysstreet said:
1ceablue said:
gwladysstreet said:
1ceablue said:
gwladysstreet said:
1ceablue said:Put me down for £10,000.......but I don't want it wasted giving it to Anichebe to cover just two days wages, and therein lies the problem............
Sorry, but that's typical attitude of Evertonians
Want investment, as long as it doesn't come out of their own pocket. We get what we deserve imho.
Bill mortgaged his house, we can't find the cost of two pints per month.
I actually think that that is true in part, but only in part. There are many blues fans who would be willing to put money Into the club if there was a proper route to do so. A new share issue would be taken up by many fans as a way of giving the club money.
That doesn't work in anything other than the very short terms, as after year one we are still left with the fact that our outgoings are much more than our incoming. Share issue also involved cost and dilutes value to existing shareholders.
An injection of capital could be used to clear the debts, which would give us £4-5M a year extra not having to service them. Diluting existing shareholder value is somewhat irrelevant as the value of the club has already been reduced due to the debt which has to be taken into any valuation calculation.
We know that costs are not going to reduce if we wish to remain competitive, therefore the commercial side of the business has to be strengthened and prices will have to rise amongst other options. Seeking a billionaire is a pipe dream. Fans have to get real, we get what we pay for........
doubt the club ciould raise sufficient funds to clear the debts by a rights offer. what would it be £60m? Current share value is £2k ish, if second clas shares were offered at - say - £200 - we'd need 300,000 fans - likely?
The additional shares should be aimed at selling between 30- 50,000 new shares at current price specifically aimed at clearing the debt. They would have equal value and voting rights as existing shares as they have effectively bought the debt. They would be snapped up.
snapped up?
50,000 fans at £2,000
are you so sure?
I've only managed to find two others prepared to give £5 per month.
tickets11 said:Cant beleive this is still going on and you cant see how stupid it sounds.
A company with 80million turnover, Players who earn upto 75k PER WEEK, a packed out stadium most weeks
and now the fans who earn just a few days wages of a footballer have to put up £52 a year.
Can you not see how we would become the LAUGHING STOCK of the league, Even pompey or leeds never sank so low as to ask the fans for money to compensate for their ****ups.
Could you imagine cahill and arteta picking up their 75k and 55k a week cheques in embarrassment, knowing working class people are donating their money while they take home millions per year.
It wouldnt work anyway,
1)Im prettY sure it would be against uefa and fifa rules
2)you can only invest in the company If the club were to put 30million into their accounts, it'd have to be put down as a loan or investment, either way the club would owe money. So they wouldn't take your investment unless you got shares in return.
3) one of the directors could simply take the money and spend it elsewhere, you would have no guarantee that the money would be spent on paying off the loan. The directors could blow it all on vegas for all you know and then come back and say the recession.lower ticket sales, mean we have another 5m to pay off.
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