Patience and Prudence

Comments (5)

I read the recent articles on here with interest, as after the transfer window and our expectations from such, it has been very difficult not to lash out at the recent goings on (or lack of) in the transfer market at Goodison.

I think Bill Kenwright is well aware of the dangers of selling the soul of our club to the Mike Ashleys of this world and I bet he's refused one or two speculative offers behind the scenes that none of us will ever get to know about.

We've had a taste of consistent progress over the last few years and naturally we like it and want more. It's no surprise therefore that most of us feel disappointed that we could only spend what we brought in from the sale of McFadden and Johnson in this window.

However, would any of us be happy if Mike Ashley sold Newcastle and bought Everton? I doubt it. Or if two American idiots came in and invested as a temporary investment, knowing they could easily sell on at a massive profit at any time?

Nor would we want the alleged illegal gains from some Thai criminal, who after pleading innocence for so long, would not return to defend himself in a court of law in his own country.

A simple analogy would be the housing market. An industry booming over the last ten years with properties appreciating at between 15% and 40% per annum. We now have a period of correction where properties are dropping in value. What do people think was going to happen if houses continued to increase at that pace? It would have just got to the point where hardly anyone of us could afford to buy new or move at all. A £200,000 house at an average of 20% per annum would cost around £400,000 in ten years. The market would have ground to a halt and repossessions and the fallout from such would have broken our economy beyond anything we'd previously experienced in our lifetimes.

So the massive inflationary buy-outs at some of these clubs surely cannot be sustained and I think we'll see the repercussions of this over the coming years in some format.

Consistent progress takes time, prudence and patience; as much as I crave for an immediate stronger, harder shot of the drug, I know deep down that I should not

This is Everton FC. It's been our life and will be part of the future of our children and grand children. Nothing but the best is good enough, and Ashley, Gillett, Hicks, Shinawatra and the like come nowhere near to anything we need at our club.

Although a couple of financial paracetamols wouldn't go amiss from time to time to help with the pain of the expectation/reality imbalance...
Alan  Wainwright, Mold     Posted 07/09/2008 at 08:35:59

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