The Mail Bag
But that Kenwright.......
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The last time I felt as bad as this in a close-season we had just sold `The Boy Rooney`for a sack of spuds and everybody was screaming for Kenwright`s head. This time it`s only `The Fat Controller` who has skipped ship-and we all wanted rid of him, anyway! But it`s still Bill Kenwright who will have to go!
Makes you smile really. Five years ago, Davey was said to be so depressed at having to sacrifice his wonder child that he was on the point of resignation. It never happened and he went on to give us the most successful season in our Premiership record.
So OK, we`ve got no money for signings but Johno looks like he`s staying and one of the kids - or Phil Neville! - can fill in for `The Bald One`, so what`s the worry? We all know that Davey will, at least, see out his contract and who knows he might well pull off another miracle. After all, he says he likes working with a tight ship!
Call me a cock-eyed optimist if you like but I`ve got a sneaking feeling it will be alright in the long run. But that Kenwright will still have to go!
Gareth Ellis, Posted 01/08/2008 at 09:18:16
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In a nutshell we have no cash, no assets and an owner with no money. If Kenwright does not sell and we do not finish in at least the top 6 next season there will be little alternative but to bring in the receivers. The only way Kenwright can make it attractive to an investor is to sell for a nominal fee i.e. £1 just like John Laing construction years ago.
The simple fact is that if we do not invest significantly in the team the only way we can go from here is backwards. Moyes will not put up with being messed around and having internal issues dictate what he can do on the field. More to the point why should he ??
I?ve heard that Moyes was happy to let AJ go at that price and that?s fair enough, but he should expecting at least another £20m on top of the AJ money. If he had £30m to invest in players I really don?t think it would be a problem but it?s looking increasingly like he hasn?t and that is a disgrace on the clubs? part.
If you can?t see that his patience is wearing very thin then you must be on another planet.
The bottom line is that if he gets messed around much more he?s going to walk.
Cue ugly scenes outside Goodison as Evertonians call for the head of Kenwright and the other jokers who have lead us down this road.
We may eventually get a sugar daddy to drag us into the top 4 and another top manager who will bring in the big names... but no, we are Everton, that just does not happen in our world.
Let's hope to god that something changes very soon and we?re not all like lost sheep come the Blackburn game.
Blue Bill repeatedly assured me that we got a handful of magic beans for him !
That Moyes was told there was only £15 million in the kitty for transfers, he blew a gasket, Kenwright got involved with Wyness and the rest as they say is history.
The only worry now is that it seems Green and Earl having been sold the "Golden egg" theory by BK are now seeing through him,as Paul Gregg did, and have put the "No further Guarantees" poster up and are looking for their money back as they can only see one way under "Blue Bill".
On another note I don?t think David Moyes has decided what to do yet. He is very principled and loves Everton but on the other hand he is nobody?s fool and will not be messed about.
Let's just hope that, as the only competent person in this mess, he decides to help sort it out.
Let?s just hope AJ?s sale goes through OK to at least fund something.
I honestly don?t know what will happen.
I?m not trying to be over dramatic or scare mongering, it?s just the way I see things at the moment.
Everyone has their limits and I just can?t see Moyes putting up with it for much longer. He?s openly stated he wants significant funds to strengthen and I believe he is doing that to put the ball firmly in the clubs court. If they don?t come up with the goods he can walk away with his head held high.
A statement saying "I?ve taken this club as far as I can" looks more and more possible.
The way things are would anyone really be able to disagree with him ??
Kenwright Out!
But we must do everything possible to make him stay. It scares me to think of alternative managers that would come here.
We need some stability and for me Moyes is the only person I trust at EFC right now.
Kenwright has to go but hopefully not before he is suitably exposed at the EGM.
I love the way everyone seems to know for sure (has a source) that we have no money).
There is still plenty of time to make transfers, and the club has previously stated there are funds available for transfers.
The same people were saying we were skint days before we spent £11mill on Yakubu.
I expect Moutinho in very soon, followed by a striker and defensive midfielder soon after.
You are entitled to your opinion, but if you are happy with the way things are at the moment then I think you’re looking through those blue tinted glasses.
There are quite obviously some very serious issues unfolding at our club at the moment. They have released numerous statements that have turned out to be untrue. They may well have "funds available" but I fear they are going to turn out to be inadequate to satisfy Moyes.
Finishing fifth is great but if you want progression from there then serious investment is needed to try to push for the top four. BK or anyone else involved with our club simply doesn’t have that kind of money. Far from it !
I am just trying to be positive, I will not join the doom mongers, unless the windows closes and the signings have not happened. but that day is not upon us yet.
I wonder what you will be saying ian, if we sign Moutinho at the weekend!
Ok, tell me who is going to put the money up for these transfers ?
We’re £60m in debt and need another £78m for DK. As Ian says we’ve exhausted all of our options for further loans. Not that I think putting ourselves in more debt it the answer anyway.
Moyes has said he won’t sign any contract until he knows what is available. The fact that the promise of him signing has dragged on for weeks now speaks volumes in my opinion.
The club says there is money there for transfers, they have not let us down on the transfer front before, so I will go with them on this one.
Good luck with the pessimism though!
So we don?t need £78m for DK then? Where have you been?? The clubs debt has increased from £20m to £60m since BK has been in charge. That is the official figure confirmed by the club. If you choose to ignore it then that?s your problem.
How do you think that we have reached that level of debt?? It?s by spending more money than we?re making and by placing more and more debt against the club. Sooner or later the pot is going to run dry.
I?m not the club's accoutant or any type of accountant for that matter but I know that if a business loses more money than it makes, then it?s eventually going to have a big problem.
I?ll ask the question again. Where is money coming from??
We don't need £78 million for Kirkby as we aint going...
You know nowt about the club's finances lad, so don?t come on being the smart arse...
We got dollar to spend, Moyes will defo sign his new contract, so quit the misery lad, as you are sounding like my fuckin missus!!
"The Club" has said a lot of things and not one of them is the truth.
People are now coming round to the following facts:-
BK is totally out of his depth and needs to go soon
EFC are £66 million in debt as confirmed by the shareholders.
BK has mortgaged or sold everything of worth at EFC except Bellefield (No planning permission) and the players.
EFC?s interest bill is now the cost of one top class signing a year.
EFC?s income declined by £7 million last year when most other prem clubs increased income.
EFC?s commercial income is the worst of the top 12 clubs compounded I hear by Wyness signing away the rights of catering and merchandising for an upfront fee with no further income.
Our CEO has just resigned
Now you dont have to be a rocket scientist
to see that we?re up shit creek without a paddle and the only hope is that our leader (DM not BK) can find a way of getting us where we need to be.
I just hope the canoe doesn't spring a leak along the way.
I hope we?re not going too but the figure is £78m and the club say we are going.
Shareholders are provided with the annual accounts for any business they have shares in. These figure have been published on here and other sites.
It would appear that it is you that know nothing of the club's finances.
If I were trying to be a "smart arse" I?d come out with statements like "we got dollar", which is based on what exactly??
Based on the fact we finished 5th last season...
And mostly based on the fact that Ginger Arse has stated he is looking to bring in another 5 or 6 players... do you think he would say that if we had no dollar... !!
The glass is half full lad... get a grip.
Tell me where it is confimed that we have bid ?15m (not dollars) for Moutinho ??
The fact that we finished 5th is completely irrelevant. We still lost money and are £60m in debt. FACT !!
"What is my will? With the reasons that I have, I want to leave Sporting. I hope that an agreement can be found and that a good solution arrives for both parties."
but you know best lad eh...!!
Where is the money coming from ? You don’t seem to be able to tell me. Do you accept that the debt is £60m or do you continue to be in denial ??
If you accept we lose more money than we make then I can only assume that you are only happy for more debt to placed on on an already debt ridden business.
That makes great business sense. I’m sure you’ll agree "lad".
you are asking where the money is coming from.... Well Andy Johnson is in Fulham tonight rubber stamping his £12.2 million transfer...
Now just take it on the chin lad... you’ve been outsmarted ...
No shame in it... just deal with it...
I aint gonna respond now, as i got another 4 year old lad that needs my attention...
End of Chat as Andy Nicholls would say.
Lipstick on your collar?
Now listen up, girl(?)
Once upon a time, there was a poor widow who had a son named Jack. One day....
Selling a player to buy another is not the same as the club providing money is it now ?
That statement came from the player and in my opinion nothing is fact until stated by the club. Which this hasn’t been
You don’t seem to understand what "fact" is.
Go and buy you 4 year old £200 pounds worth of toys a week when you only have £100 to spare and see how long you last.
He also went on to say that he is working on an hourly basis to bring in players and that new signings should be in place before the start of the new season..we just need to be patient
So..it looks asif we can all calm down with the wild stories and just be patient and wait and see what happens..Moyes is going no where & moutinho will become a blue..soon!
I was starting to get worried .
EFC are quite obviously in an excellent financial position and making healthy profits each year.
If we had a genuine bid turned down then fair enough, however it changes nothing my opinion. I wouldn’t trust BK to run the local sweet shop and am positive he is going to leave EFC in a complete mess.
Steve, what fact don’t you understand ?
He hired the best manager since Howard Kendell, finished in the top 6, 3 out of 4 seasons.
Broken our Transfer record 3 seasons in a row!
I guess you want Johnson back in charge and maybe Walter Smith at the helm!!
Get rid of nasty Bully and Uncle Bill will sort things out.
In your dreams!!
The man is a compulsive liar dont you ever learn.
I would love to believe that we have money to build a top team and build a grand new stadium but its all dreams.
EFC are 66 million in debt
They have lost 10 million a year in each of the last 2 years and would have lost even more the year before except for the Rooney money.
Income has dropped by 7 million a year and our interest bill has rocketed because of all the borrowing.
I dont recommend suicide but get real lads Ian is correct you cant keep on like this the cupboard is bare.
THe only opportunity we have is to buy time for DM to get us in the CL and to get our commercial income up by sorting out this merchandising and catering mess that KW has left us a legacy of.


1 Posted 01/08/2008 at 14:22:17
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