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Something that Anyone who Hates Kenwright & Co. Needs to Understand
  • Jxg
    Posts: 1,537
    I want the club sold as soon as possible. Let me assure you of that before I say anything else. I do not like the way Kenwright is hanging on to the club. He is asking for far too much for a club in our situation.

    We need three things:

    - A new stadium (+/- £500m) (please note the +/-. This means it could be more or less. So stop commenting on it.)
    - A creative midfielder, a goal machine and a centre back for when Distin goes. (+/- £40m)
    - To pay off our £40m of debt.

    This will come to around £580m. I can't remember the exact amount Kenwright is asking for, but I believe it was around £130m. This is far too much for a club that needs a serious cash injection.

    But there is something that you need to realise.

    Kenwright cannot just sell to the first person who walks along and says "I'd like to buy Everton Football Club".

    He is looking for someone to take on a club that needs some serious spending done to it, for a stupid price of £130m. But he is also looking for someone who is willing to invest into the club.

    Anybody can walk along and offer him some money for the club. Let's say someone did just that, and he sold. First off, we expect to get all sorts of things, but the new chairman holds back on spending. He sells Rodwell for £20m. Fans are angered by this, but expect to see the money put to good use. Instead, later on, he sells Barkley. Then Fellaini. Then Baines. Eventually, all our decent assets are gone. He's pocketing £40m from the club while putting nothing in. The club slips down the table, into the Championship, goes into administration and he sells it to someone else.

    Someone has just walked in, sold our assets and left. That is what Kenwright is trying to prevent.

    Any serious offers you have heard about for the club are all from people who have the intention of doing something along the lines of this. At the end of the day, they will be looking to make money from their "investment", and when they realise that we aren't going to start making money unless we win things (and that will require money for players, etc.) then they will look to other methods to gain revenue, such as selling our players.

    People are not lining up to buy Everton Football Club. There have been two or three enquiries, but Kenwright has rejected them because they aren't right for the club. Do you seriously want us sold to owners like the Venkys?

    I want Kenwright out. He isn't investing money anymore. I want someone who will. But until you hear that we've got an offer from either a billionaire Qatari prince who wants to buy a winning team, or a more serious investor, who is willing to invest and then sit back while he makes a return (which isn't unreasonable. If he is willing to put in millions, why should he put in more until he sees the club is making it back?), you should know that any other offers will only hurt the club.
  • Knoxy2001e
    Posts: 1,424
    " I do not like the way Kenwright is hanging on to the club." 

    you seem to know a lot. how many offers has he had for the club so far?


    "He is asking for far too much for a club in our situation."

    wow! how much is he asking for the club? 130mill! when did he tell you this?
  • Jxg
    Posts: 1,537
    I've heard he has had 3 offers. Whether is this true or not is a different matter. I highly doubt he has not had at least 2.

    £130m is an average from all the internet rumours I have seen.
  • ulsterman
    Posts: 201
    but how can he justify that price as well when hes not investing in the club plus he doesnt have the b@lls to get hold of the other share holders and empty their pockets needs to go
  • mattyod
    Posts: 305
    We should not need to spend GBP 500 million to get a top class stadium especially now when materials are cheaper and companies will undercut each other massively. The problem is getting permission to build which in the UK is becoming rediculous.

    As you say though price isn't everything.There needs to be a clear business plan on how the club will be taken forward and investments made. Not only do I think BK is not the right man to take the club forward I also feel he is not the right man to try and sell it but as he has invested the money it ultimately his decision (with the rest of the Board) on how much and who to.
  • Jxg
    Posts: 1,537
    ulsterman said:

    but how can he justify that price as well when hes not investing in the club plus he doesnt have the b@lls to get hold of the other share holders and empty their pockets needs to go


    -----------------



    Ulsterman, If you had a net-worth of £10m, with the economy in this state, you wouldn't be investing much of it into a player.

    The only person with money is Robert Earl. He isn't going to invest because he hasn't had a return. That is fine by me. If you're not getting a return on what you've put in, you either stop or spend more in hope of getting a return. As long as he isn't taking any money out of the club in the state that it's in, and wants it sold, he isn't doing too much wrong. Yes, he is lying to the supporters and yes, I do want him out. But you need to understand simple economics and how businesses work before you criticise people.

    mattyod said:

    We should not need to spend GBP 500 million to
    get a top class stadium especially now when materials are cheaper and
    companies will undercut each other massively. The problem is getting
    permission to build which in the UK is becoming rediculous.

    As you say though price isn't everything.There needs to be a clear
    business plan on how the club will be taken forward and investments
    made. Not only do I think BK is not the right man to take the club
    forward I also feel he is not the right man to try and sell it but as he
    has invested the money it ultimately his decision (with the rest of the
    Board) on how much and who to.


    -----------------



    Perhaps I'm being a bit unrealistic with the stadium price. It will still cost a substantial amount, though. That still does not change the fact that Kenwright cannot ask for such a high amount for the sale of the club, under these conditions, even if he wants his investment back.
  • mattyod
    Posts: 305
    Agree with what you are saying. The problem is that no one really knows how much he wants for it, hoow many offers theres been, meeting arranged, stumbling points etc. Hopefully Moyes can offload a couple of fringe players and get some money in to strengthen as well as find some good lower league players who can make the step up because that is our only realistic way of freshening the team up.
  • cjohno
    Posts: 5,123
    kenright and his cronies dont want to sell they see everton as a good screw simple as. why did earl buy 23% of the club when hes got no interest whatsoever in everton football club, he a business man and is obviously happy with what hes getting out the club, hes not a charity. bloody con merchants the lot of them and one day it will all come out whos actually ripping off our football club, only problem is newspapers dont seem interested in our plight, im sure theres a great story there somewere, problem is it wont come out untill our club is dead and buried.
  • cuza 1878
    Posts: 192
    **** me £500mil? no way! The Gobsh*t*'s only cost 300 and their paying about 150 for that. We need a buyer who will then pay the debt as the added interest is the problem (2 steps forward then 2 steps back). After that we can start to build and all money generated will go straight into the team (12mil turnover avg i heard). Maybe a few years down the line we will be more able to raise funds for a new stadium and everyone knows that the more revenue we make the more up our backsides the council will be.
  • Jxg
    Posts: 1,537
    mattyod said:

    Agree with what you are saying. The problem is that no one really knows how much he wants for it, hoow many offers theres been, meeting arranged, stumbling points etc. Hopefully Moyes can offload a couple of fringe players and get some money in to strengthen as well as find some good lower league players who can make the step up because that is our only realistic way of freshening the team up.


    -----------------



    If you cut out the obvious crap, and take an average from everything else, he wants £130m and he has had 3 offers, all of which won't invest, they'll only sell our best players.


    cjohno said:

    kenright and his cronies dont want to sell they see everton as a good screw simple as. why did earl buy 23% of the club when hes got no interest whatsoever in everton football club, he a business man and is obviously happy with what hes getting out the club, hes not a charity. bloody con merchants the lot of them and one day it will all come out whos actually ripping off our football club, only problem is newspapers dont seem interested in our plight, im sure theres a great story there somewere, problem is it wont come out untill our club is dead and buried.


    -----------------



    You're wrong. They do want to sell, but at an exaggerated price.

    Earl bought 23% of the club because he wanted to make money. Simple. He isn't making that money back, so he wants to sell. I don't see how this is difficult to understand.

    cuza 1878 said:

    **** me £500mil? no way! The Gobsh*t*'s only cost 300 and their paying about 150 for that. We need a buyer who will then pay the debt as the added interest is the problem (2 steps forward then 2 steps back). After that we can start to build and all money generated will go straight into the team (12mil turnover avg i heard). Maybe a few years down the line we will be more able to raise funds for a new stadium and everyone knows that the more revenue we make the more up our backsides the council will be.


    -----------------



    You forget that economic conditions are worse now than they were then. Plus, Liverpool's stadium will cater for 60,000 people. £500m will get you a stadium to hold 80,000, with a retractable roof, etc.

    I also said before hand that £500m was an estimate.
  • blue1948
    Posts: 376
    cjohno said:

    kenright and his cronies dont want to sell they see everton as a good screw simple as. why did earl buy 23% of the club when hes got no interest whatsoever in everton football club, he a business man and is obviously happy with what hes getting out the club, hes not a charity. bloody con merchants the lot of them and one day it will all come out whos actually ripping off our football club, only problem is newspapers dont seem interested in our plight, im sure theres a great story there somewere, problem is it wont come out untill our club is dead and buried.


    -----------------I see where you are coming from on  this .Yes why would Earl invest without a return and not having any interest in the club except knowing Bill .So how do we get someone who loves the club and wants to see us the top of the league  and hasn't come forward yet and who doesn't want to rip the club off and gets the newspapers on our side and stops the club becoming dead and buried

    Tozzer





  • SeedyEFC
    Posts: 13
    Not convinced on the 500 mill. If we started by buying out the debt you only have to look at the majority of clubs who have less than a 40,000 seater stadium anyway so without the debt making a steady profit we could actually get some players in the transfer window. We don't need to offer Moyes massive amounts to spend because when he has money to spend he generally spends it badly but he manages to do well with small amounts. Infact I'm convinced if you told Moyes he had 10-15 mill to spend a season he would probably spend it well. If we had a good businessman running the club we could then actually negotiate with the council to try and actually get in on one of the developments which would reduce the cost of actually getting a stadium.

    As for assets what assets?
  • Jxg
    Posts: 1,537
    blue1948 said:

    cjohno said:

    kenright and his cronies dont want to sell they see everton as a good screw simple as. why did earl buy 23% of the club when hes got no interest whatsoever in everton football club, he a business man and is obviously happy with what hes getting out the club, hes not a charity. bloody con merchants the lot of them and one day it will all come out whos actually ripping off our football club, only problem is newspapers dont seem interested in our plight, im sure theres a great story there somewere, problem is it wont come out untill our club is dead and buried.


    -----------------I see where you are coming from on  this .Yes why would Earl invest without a return and not having any interest in the club except knowing Bill .So how do we get someone who loves the club and wants to see us the top of the league  and hasn't come forward yet and who doesn't want to rip the club off and gets the newspapers on our side and stops the club becoming dead and buried

    Tozzer






    -----------------



    We don't. Nobody, apart from Paul Mccartney, is a dedicated Everton fan. He's only got about £475m. That would get us a stadium, but it's all his money. He doesn't want to invest. You don't just find lifelong Everton fans with bags of cash off the street. Believe me, if there was one, he'd own Everton by now.
  • Probus
    Posts: 414
    mattyod said:

    We should not need to spend GBP 500 million to get a top class stadium especially now when materials are cheaper and companies will undercut each other massively. The problem is getting permission to build which in the UK is becoming rediculous.

    As you say though price isn't everything.There needs to be a clear business plan on how the club will be taken forward and investments made. Not only do I think BK is not the right man to take the club forward I also feel he is not the right man to try and sell it but as he has invested the money it ultimately his decision (with the rest of the Board) on how much and who to.


    -----------------



    Correct, and according to me that is the job of the Chief Executive, Robert Elstone. I don't see that Everton has a business plan. I have earlier mentioned the handling of Gosling, the sale of Arteta as example. I we have limited funding we should ensure that every little bit of income will me maximized and every little expenditure minimized. If we can't get external cash input the money from funding has to come from internally generated funds. I.e. according to me we should not call for Kenwright to sell the club but for him to ax Elstone. 

    I don't want Everton to be the toy of some rich dude who is not a genuine Everton fan as (s)he would not have Evertons interest at hart. Just look at Liverpool and their previous owners. I also think it is wrong to ask a shareholder to put in more money because we need to buy a new player. It is what you do in football manager games, not in RL. However it is not wrong to ask that the club is well run. And as above, that is the job of the CE. In any normal business Elstone would have left long time ago. 

    So please BU shift your focus from Kenwright yo Elstone.
  • Jxg
    Posts: 1,537
    SeedyEFC said:

    Not convinced on the 500 mill. If we started by buying out the debt you only have to look at the majority of clubs who have less than a 40,000 seater stadium anyway so without the debt making a steady profit we could actually get some players in the transfer window. We don't need to offer Moyes massive amounts to spend because when he has money to spend he generally spends it badly but he manages to do well with small amounts. Infact I'm convinced if you told Moyes he had 10-15 mill to spend a season he would probably spend it well. If we had a good businessman running the club we could then actually negotiate with the council to try and actually get in on one of the developments which would reduce the cost of actually getting a stadium.

    As for assets what assets?


    -----------------



    Assets being our good players. (i.e: Jags, Baines, Rodwell, etc.)

    As for the rest of your post, please note that £500m was an estimate. It will easily get you a stadium holding 80,000 strong.
  • zagan
    Posts: 4,703
    Jxg said:

    SeedyEFC said:

    Not convinced on the 500 mill. If we started by buying out the debt you only have to look at the majority of clubs who have less than a 40,000 seater stadium anyway so without the debt making a steady profit we could actually get some players in the transfer window. We don't need to offer Moyes massive amounts to spend because when he has money to spend he generally spends it badly but he manages to do well with small amounts. Infact I'm convinced if you told Moyes he had 10-15 mill to spend a season he would probably spend it well. If we had a good businessman running the club we could then actually negotiate with the council to try and actually get in on one of the developments which would reduce the cost of actually getting a stadium.

    As for assets what assets?


    -----------------



    Assets being our good players. (i.e: Jags, Baines, Rodwell, etc.)

    As for the rest of your post, please note that £500m was an estimate. It will easily get you a stadium holding 80,000 strong.

    -----------------



    Can't fill our stadium as it is....would be rather pointless having an 80k capacity stadium....
  • SeedyEFC
    Posts: 13
    I knew you were going to say players. Do you not realise Jags is 30 in august and hes been average for the past 2 seasons. Baines is brilliant and will probably go because you can tell by his interviews how frustrated he is and Rodwell on the grand scheme of things is very very injury prone. Its hard to call players assets when their performance are up and down.
  • blue1948
    Posts: 376
    Jxg said:

    blue1948 said:

    cjohno said:

    kenright and his cronies dont want to sell they see everton as a good screw simple as. why did earl buy 23% of the club when hes got no interest whatsoever in everton football club, he a business man and is obviously happy with what hes getting out the club, hes not a charity. bloody con merchants the lot of them and one day it will all come out whos actually ripping off our football club, only problem is newspapers dont seem interested in our plight, im sure theres a great story there somewere, problem is it wont come out untill our club is dead and buried.


    -----------------I see where you are coming from on  this .Yes why would Earl invest without a return and not having any interest in the club except knowing Bill .So how do we get someone who loves the club and wants to see us the top of the league  and hasn't come forward yet and who doesn't want to rip the club off and gets the newspapers on our side and stops the club becoming dead and buried

    Tozzer






    -----------

    sorry you missed the point

    Paul Mccartney is only a blue because his grandad was no more than that

    I was trying to say that his hope / wishes are about the same chance as a lottery win with all the conditions




    We don't. Nobody, apart from Paul Mccartney, is a dedicated Everton fan. He's only got about £475m. That would get us a stadium, but it's all his money. He doesn't want to invest. You don't just find lifelong Everton fans with bags of cash off the street. Believe me, if there was one, he'd own Everton by now.

    -----------------




  • SeedyEFC
    Posts: 13
    Paul Mccartney is not a dedicated everton fan he doesn't have a clue about football haha
  • Jxg
    Posts: 1,537
    SeedyEFC said:

    I knew you were going to say players. Do you not realise Jags is 30 in august and hes been average for the past 2 seasons. Baines is brilliant and will probably go because you can tell by his interviews how frustrated he is and Rodwell on the grand scheme of things is very very injury prone. Its hard to call players assets when their performance are up and down.


    -----------------



    Take no offence when I say that you seem rather dim.

    Players are assets regardless. Our best players will always be, excluding the stadium and such, our best assets. Jags is still a quality player, and being 30 isn't that old for a defender; look at Terry and Ferdinand. Baines is also quality. I can see Chelsea snapping him up when they realise that Cole is an overpaid piece of ****. Rodwell needs a string of games under his belt. He can be good, but not with injury.

    SeedyEFC said:

    Paul Mccartney is not a dedicated everton fan he doesn't have a clue about football haha


    -----------------



    He kind of is. He's admitted to supporting Everton. Also, how can you determine whether an individual has the knowledge of a sport, without knowing him? Doesn't seem to me like you can.

    SeedyEFC said:

    Paul Mccartney is not a dedicated everton fan he doesn't have a clue about football haha


    -----------------




    zagan said:

    Jxg said:

    SeedyEFC said:

    Not
    convinced on the 500 mill. If we started by buying out the debt you
    only have to look at the majority of clubs who have less than a 40,000
    seater stadium anyway so without the debt making a steady profit we
    could actually get some players in the transfer window. We don't need to
    offer Moyes massive amounts to spend because when he has money to spend
    he generally spends it badly but he manages to do well with small
    amounts. Infact I'm convinced if you told Moyes he had 10-15 mill to
    spend a season he would probably spend it well. If we had a good
    businessman running the club we could then actually negotiate with the
    council to try and actually get in on one of the developments which
    would reduce the cost of actually getting a stadium.

    As for assets what assets?


    -----------------



    Assets being our good players. (i.e: Jags, Baines, Rodwell, etc.)

    As for the rest of your post, please note that £500m was an estimate. It will easily get you a stadium holding 80,000 strong.

    -----------------



    Can't fill our stadium as it is....would be rather pointless having an 80k capacity stadium....

    -----------------




    The reason we can't fill our stadium is because moral amongst supporters is low. That is why we are hitting record lows for attendance. If it was announced that we had a new owner, a new stadium was being built and we were going to start buying the players we wanted, the fans would regain interest. What's more, other fans would start to support Everton. You may be a true blue, and support Everton for life, but other people are more... shallow. They go where success goes.
  • blue1948
    Posts: 376
    Jxg said:

    SeedyEFC said:

    Not convinced on the 500 mill. If we started by buying out the debt you only have to look at the majority of clubs who have less than a 40,000 seater stadium anyway so without the debt making a steady profit we could actually get some players in the transfer window. We don't need to offer Moyes massive amounts to spend because when he has money to spend he generally spends it badly but he manages to do well with small amounts. Infact I'm convinced if you told Moyes he had 10-15 mill to spend a season he would probably spend it well. If we had a good businessman running the club we could then actually negotiate with the council to try and actually get in on one of the developments which would reduce the cost of actually getting a stadium.

    As for assets what assets?


    -----------------



    Assets being our good players. (i.e: Jags, Baines, Rodwell, etc.)

    As for the rest of your post, please note that £500m was an estimate. It will easily get you a stadium holding 80,000 strong.

    -----------------

    Another half empty glass





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