The Mail Bag

Thank you, Mr Kenwright

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Thank you Mr Kenwright and for landing us in our current situation. While we scowl at our latest performance and run of inconsistent performances, blaming the players and/or Moyes is just futile. To change a manager (even if we could afford to) is merely treating the symptoms of a more serious underlying problem.

Last year, some argued, "If things are so bad for Moyes, why didn't he speak out?". Well, he has this year... several times. Speaking about our injuries before the Bolton game he said:

"I knew it would happen, but finances dictated what went on in the summer and that was evident in that most of our business was done in the last four days of the transfer window."

Yet some believe our current board are still good for our once great club. Sure it's Moyes and the players that actually go out and win games. But when they're injury ravaged, tired and running low of confidence, what hope do we have when our board can't put ANY money into the pot to help out?

We bemoan a lack of quality football but I can guarantee outside of the top 5, no-one really plays attractive football, it's a fucking myth. Maybe Spurs and Villa play slightly better than us but then again they've spent £60-100M more than us over the last few years... so its expected!

The fact is, this is the watershed year for Everton. Kenwright and Co have talked and talked for several years but always failed to deliver. Our top players (and their agents) are under no illusions about Everton's board and its ambition for the club. I wouldn't be surprised to see Arteta, Pienaar, Yakubu all leave next year. Moyes might not be too far behind too.

Where are you now, Bill? Or do you only come out when we have something to cheer? Take your useless friends and leave our club before we totally implode.
Phil Martin, Merseyside     Posted 26/10/2009 at 08:26:09

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Tony Williams
1   Posted 26/10/2009 at 14:25:39

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Of course he only shows his dopey face when we are doing well and gives us disasterous sound bites.

I prefer it when the dope is not to be seen or heard and long may that be.
Alan Williams
2   Posted 26/10/2009 at 14:42:38

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Well Phil, what a stupid post! Do you have any brain cells or are you just totally ignorant to the facts?

I’m sorry but Everton haven’t had any money for a long period now and the only money we can generate is by either increasing revenue on match day, selling players, or by obtaining better sponsorship. In credit card terms, we are at the limit with no other companies wishing to offer us any other cards.

Everton’s financial state has been clear for while so why is the Chairman to blame when he has been bleating on for years he doesn’t have the financial clout to take us further??? Unless Everton find a new buyer or investor then all we can expect is mid-table at best.

The problem we have is clear: nobody is interested in us because we don’t generate sufficient income to sustain growth or move on to a new stadium or re-condition GP. Get used to Status Quo as this is the best we can hope for.

Bbefore you or any other anti-BK person wishes to slag him off or create a mutiny, you must have a person to take over that has deeper pockets... we have NOBODY INTERESTED!!!

Your rant is a waste of time unless this basic hurdle is overcome. Everton’s future is not about BK — like him or not — it’s about generating income to compete at the top level. Understand the mathematics involved and its pretty clear we are mid-table at best. One in, one out will be the scenario moving forward. COYB

Mike Gwyer
3   Posted 26/10/2009 at 15:24:45

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Alan.

The BK issue cannot be discussed in a single thread such as this and really if your view is biased then its not really a discussion.

But your final comment of "one in, one out" is worrying. We have lost Lescott and acquired what exactly. We only have several players with Lescott’s value, so once they are gone we are in deep shite. So Jags and Arteta out then a trio of shite in. "One in, one out" - yep we are fucked.
Gavin Ramejkis
4   Posted 26/10/2009 at 15:22:32

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Alan Williams, I think you are being ignorant of the facts of how businesses are run. BK is the Chairman of Everton FC and has been for many years and on the Board of Directors before that chairmanship.

Forgetting the board membership prior, it is the responsibility of the Chairperson of a company to define and ultimately agree and sign off on that business's short- and long-term strategies and employ the correct staff to realise those and basically make them happen. The roles such as CEO and marketing etc should then be deployed in the day-to-day activities to achieve or hopefully over achieve those targets.

BK has thus presided over some very suspect CEO appointments; Trevor Birch then Keith Wyness; he has also failed to identify a glaring business opportunity of Liverpool winning the European Capital of Culture and even creating a short-term one-year expansion in the city centre to profit from the increased tourist trade — instead, reducing the club's presence in the city centre.

I have read many a posting of this website extolling many business virtues including several off field activities which the club has failed annually to embrace.

So, your honour, there rests the case for the prosecution, if the Chairman isn’t accountable for the running of the club — as one of his stupendously ignorant soundbites, "Don’t ask me I’m just the Chairman" goes — then who is?

Nick Entwistle
5   Posted 26/10/2009 at 15:33:30

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Alan, BK is the man who has screwed up the finances so the post makes perfect sense.
Ste Traverse
6   Posted 26/10/2009 at 15:26:50

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The hapless Kenwright doesn't give toss about anything but getting his dream ticket of the green light for Kirkby next month. After a decade at the helm, he’s proved he’s not got, or capable of attracting, the finance that our club is crying out for yet he continues to hang around single-handedly holding us back.

The two things that really piss me off about him are the way he hog’s the limelight when things go well, face all over TV, papers and doing endless radio interview’s embarrassing us with his ridiculous soundbites... yet he hide’s when things are going tits up; and the pathetic support he gets off the local media riles me too.

When are the likes of Prentice going to question this clown? Our club is crying out for a change of direction. KENWRIGHT AND HIS CRONIES OUT!!!

Richard Jones
7   Posted 26/10/2009 at 15:55:01

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Er stupid as stupid does Alan.
Anthony Newell
8   Posted 26/10/2009 at 15:45:29

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I can only agree it is a watershed year in the sense of the Kirkby decision. If it goes ahead that’s the end for Everton Football Club. In every other sense, people always say that the current season is the defining one for Everton so no change there...

I would have thought that after making a complete Horlicks of the pre-season before last in terms of preparation and signings, that the mistake wouldn’t have been repeated a second time: Moyes and Kenwright are both culpable for that.

A change of ownership and new broom has been sadly wanting for a long time.

Dave Wilson
9   Posted 26/10/2009 at 16:07:22

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So BK is the victim here ?

Nice one Alan
Ciarán McGlone
10   Posted 26/10/2009 at 14:56:36

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"Everton’s financial state has been clear for while so why is the Chairman to blame"
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Who is to blame then?
Phil Roberts
11   Posted 26/10/2009 at 16:35:37

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Phil

Totally agree with everything you said - wish we still had Peter Johnson
Mike Stead
12   Posted 26/10/2009 at 16:34:17

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Course Bill Kenwright’s to blame for our financial state, I for one don’t believe for one second he has been searching 24-7 for investment.

However, how can you possible forsee an injury list like ours, our sqaud is capable of delivering towards the top end of the table, should all be fit, Arteta, Pienaar, Bily, Yak, Jag’s are all quality players on top of those playing at the moment who Spurs and Villa would give their right arm for.

Villa and Spurs seem to have money to burn and splash the cash readily, let's take 11 players out of their first team sqaud and see how they get on..... How many of their fans will be screaming for the chairman’s head...

We are an ambitious set of supporters, and all want success, we all have the frustrations about Kenwright’s limitations, and I for one cannot wait until he hands over the reigns to a super-rich owner, but even when that day comes, if you are unlucky with injuries and have to turn to a second string and playing players out of position to get 11 on a pitch, sometimes we have to just take it on the chin!!
Ciarán McGlone
13   Posted 26/10/2009 at 16:52:29

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"Totally agree with everything you said - wish we still had Peter Johnson"
---------------------------------

So do I...at least his bollocks wouldn’t be tolerated with such apathy and acquiesence..
Jay Harris
14   Posted 26/10/2009 at 17:05:11

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Alan Williams
besides the commercial opportunities that have been missed over his reign
there is a very quick and easy solution to our lack of finances and that is for Kenwright to dilute his shareholding and put more money into the club to beef the squad up.

The shareholding his consortium got for 20 million is reportedly being hawked around for 180 million now so if he loves EFC so much why doesnt he issue a rights issue or dilute some of his holding.

You and many others patently cannot see the devious side of Kenwright.
Phil Martin
15   Posted 26/10/2009 at 17:18:45

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Alan Williams,

Read your post again it is hugely flawed.

"I’m sorry but Everton haven’t had any money for a long period now."

Yes and whose fault is that? Who is ultimately responsible for looking after our business/commercial performance?

"Everton’s financial state has been clear for while so why is the Chairman to blame when he has been bleating on for years he doesn’t have the financial clout to take us further?"

So why are there several stories of interested parties being given the brush off from BK and co? Why does the Tesco Stadium planning application state "current owners are not looking to sell"?

"nobody is interested in us because we don’t generate sufficient income to sustain growth or move on to a new stadium or re-condition GP"

So why do clubs like Notts County, Birmingham, Portsmouth, West Ham all get bought out? They all have old stadia, inferior history, support and potential. But you are suggesting EFC is fundamentally totally uninvestable/fucked simply because we are EFC?

"Your rant is a waste of time unless this basic hurdle is overcome. Everton’s future is not about BK — like him or not — it’s about generating income to compete at the top level."

Maybe i am wasting my time. Maybe we all are. Maybe its too late and Everton has already begun the inevitable slow, slippery, slide into oblivion. But who is the custodian of our club? Who has overseen monumental fuck ups and embarrassments and yet failed to address our most urgent of requirements during his reign?

Alan (or Bill?) you are incorrect, or perhaps you’re just deluded.
Ste Traverse
16   Posted 26/10/2009 at 17:25:50

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Jay Harris, I've read lots of views on Kenwright and agree with all of them. Yes, he should dilute his shareholding to get some much needed finance into our coffers but there is no chance of him doing that while his shareholding will be worth more if, heaven forbid, Kirkby gets the nod.
Phil Martin
17   Posted 26/10/2009 at 17:28:22

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I tell you what too. I hate those fuckers from across the park. But they don't take shit off their owners. Alright, they’re a pair of Yank cowboys but they’ve given the fat waiter a load of money to spend. Yet that lot in their thousands were out protesting. Every newspaper had a little section about it. Thats how you apply pressure. With people/apologisers like Alan W. this club is sinking.
Mac Lloyd
18   Posted 26/10/2009 at 18:10:33

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I’m not going to whinge about BK or support him but it always surprises me to hear people say "this club is sinking". A few questions:,

When did this sinking begin? How long has it been going on for? If it’s recently then how long have you been a blues supporter because the current situation is like dreamland to not-so-long ago?

Phil Martin
19   Posted 26/10/2009 at 18:21:19

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Err... all my life 30 years!

Sure two 5th place finishes is better than a relegation fight. But let's not pretend having less money than Stoke, Bolton, Wigan, Birmingham etc is dreamland. The bottom line (Mark) is that the club is maxed out already. We’ve peaked and without further investment we can only go down NOT up.

Look at the Top 4, now consider City, Villa, and Spurs. Top 8 is a good placing for us now. But then what happens next year? When we fall even further behind these, how long before West Ham, Sunderland, overtake us?

How long can we rely on Moyes bagging £3-4M unknowns and turning them into internationals? How long before our current star players get tired of the false promises and seek new employers?

You honestly call our current situation dreamland?

Alan Williams
20   Posted 26/10/2009 at 18:55:25

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Sorry but football is not a normal business. Everton FC Co Ltd runs ok and with in its means so, from a business prospective, it’s not great but acceptable.

The problem EFC Co Ltd has is the expectations of its patrons/customers who want the club to compete with cash-rich companies or companies that generate or have superior assets and income. We all want us to spend big but we or the Chairman don’t have the above so we have to cut our cloth accordingly.

You all need to have a very, very big reality check and appreciate just how much we have to spend every year; once you work this out, then it makes sense. Until we pay back some of the long-term borrowings then, year on year, the pot will get smaller — it's simple.

Either the whole board dilutes its shares, which is unlikely and unrealistic... then the only hope is a buyer. So you can moan as much as you wish about BK but, unless you have a plan B that stands up in fiscal terms, then accept what we are, a mid-table club at best. I get no pleasure in seeing us skint but that’s a fact that is published every year with company house.

As I said in my post, the future of EFC is not about BK but about our ability to generate revenue and profits. Any investor would need to pump in close to £300 million to get a small return and we are not worth that investment as a BUSINESS!! For us as supporters, in our hearts we are the richest club in the land... but that doesn’t pay the bills every month. COYB

John Martin
21   Posted 26/10/2009 at 19:21:00

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Apathy has won without a fight at Everton. Too many fans are willing to accept mediocrity so that's all we’ll ever get. We spent many years fighting relegation... the safety we have had in the last few years has masked our ambitions. The problem with being in the middle and not trying for more means eventually others will pass you.

All I read on this site is excuses, about the team, the board the manager. They get it easy at our club as we are stuck in the past as we have no future as winners. As somebody said above, the yanks have thrown millions in the last 2 years that we could only dream about but their fans still want them out and they’ll get a rich arab because the fight for it.

We’ll just moan how we are not a small club as we battle Fulham & Stoke for 10th but be happy because we have not been relegated and Liverpool didnt win the league. Kenwright won't change this club only the fans will.

Martin Mason
22   Posted 26/10/2009 at 19:17:25

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It is very depressing at the moment. I have a spoof project schedule on my wall at work and there’s a box that say’s "and here a miracle happens" — that’s about where we are now.

We have to get one thing straight though: Everton are in trouble and the buck rests with the chairman and nowhere else.

I’m working abroad at the moment but I read somewhere that the main reason that Everton aren’t of interest to any investor is that for the money they all want ownership (quite understandably) and Everton want only an investor. I’d say that the reality is that we are destined to remain a small club.

The Premier League is a very hard life for small clubs who only have one aim and that is to stay up. What a very depressing future with nothing to hope for.

When you think of the disgrace of moving a proud City club to a place like Kirkby, I’d say that it’s Everton FC RIP. They really don’t deserve the wonderful fan base that they have and you all have the absolute right to be negatively critical of the club. The players too.

Gavin Ramejkis
23   Posted 26/10/2009 at 19:36:15

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Alan Williams, you have failed again to address the actual question of who is to blame if not the Chairman? I mentioned in another thread recently that the only stream appearing to make any profit at the club is the coaching staff and players when they are sold. How long before that revenue stream runs dry or the sale of players impacts on the clubs ability to retain membership within the EPL?

So no, Alan, I don’t agree the club should be being ran as a business and not an old boy’s club, it is merely the supporters and fans that treat it as an emotional blanket, the chairman uses falsetto after falsetto claiming his apprenticeship in the boys pen, etc ad nauseam yet has seen year after year of growing debt — how is that a successful business? — and yet again the buck stops at his door and nowhere else.

David Hallwood
24   Posted 26/10/2009 at 20:13:57

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To all of the posters that are having a go at Alan Williams, you haven’t answered his question. Whether BK has been a sound financially prudent manager or the biggest heap of shite that’s ever run a football club.

If he goes, who is waiting in the wings to be the next owner(s) of our great club? I don’t want to hear one more rant about lost sales or he wants to fuck us over to Kirkby/Tesco — just the name of potential buyers please.

Gavin Ramejkis
25   Posted 26/10/2009 at 21:12:05

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David, I’ll answer you and Alan: BK has been a failure at running the business of Everton FC — the annual filed company accounts show that in black and white. The recent DK enquiry showed not one of the major shareholders are willing to sell or dilute their shareholdings, a very clear admittance, again in black and white, that has to ask the simplest of questions, is the club for sale?

BK has used the word 'investment' for years and not 'for sale'... now I would personally entertain anyone with the slightest bit of business acumen over a lying, failure of a businessman that is in control over the club right now, be that any colour or creed, a businessman or woman with the cajones and acumen to address the obvious and breath life into the club and business where BK has tried and failed abysmally. Does that answer you?

Robert Daniels
26   Posted 26/10/2009 at 21:11:41

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BK doesn't even own us, it's Green and Earl. We need to force them out in the open with a public show of protest, force BK to spill the beans. Then and only then will this club move forward.

BILL KENWRIGHT is a LIAR who has made us a small club. Unforgivable, get the twat out!

Sam Higgins
27   Posted 26/10/2009 at 21:18:41

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You only have to go on the BBC website tonight and see plans for Spurs new stadium to see exactly where Everton are currently heading. It looks fantastic — and yet they are a club we regard in the same league as us. Well not for much longer.

Our plans at Kirkby look utterly pathetic compared to Spurs. Villa, the other club we deem to be in our league, are redoing the stand opposite the Holte End; Villa Park is already big... it's gonna be huge in a few years. And where will we be? In the Shampionship playing in that shit-arse shed.

Paul Gladwell
28   Posted 26/10/2009 at 21:25:00

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David, Gavin beat me too it, the club is not for sale... YET. If Kirkby gets the nod something will happen I am sure and if it does not I am sure BK will be off too.

Sam, so true... even Sheff Wed are turning the Leppings Lane into a great large stand and yet we hear the same old shite; Villa too built their ground in an area smaller than ours, the Trinity Road stand is proof of that... and yet we get filled with these scaremongering lies and people still believe these compulsive liars.
Robbie Skinley
29   Posted 26/10/2009 at 22:48:09

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Gavin, you still didn’t answer who you think is waiting in the wings with this business acumen ready to replace BK. I’d love to see BK replaced with a top notch investor. He’s made many, many mistakes but there doesn’t appear to be anyone out there interested in replacing him.
David Hallwood
30   Posted 27/10/2009 at 00:41:17

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So Gavin, Paul, Sam — am I to take it that you don’t know the name of an investor waiting to but Everton?... Me neither. It’s a pisser, innit?
Alan Williams
31   Posted 27/10/2009 at 08:43:00

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Gavin, your answers are made with emotion and your bitter hatred of the Chairman. It doesn’t matter who we have has Chairman especially when BK owns less than 30% of the stake holdings. 70% + of the clubs shares are owned buy other parties and if you wanted to purchase EFC you could without BK selling one single share. You also mention you wouldn’t want EFC run as a business……………..well that just sums up in my mind how weak and pathetic your stance is.

Let’s make Gavin Chairman and see how long before the administrators arrive at GP. Let’s have a mature debate on EFC finances without looking back but looking at the balance sheet, the future of our club doesn’t lie with who we place as Chairman but how healthy the institution is cash flow, assets (players too), borrowings and brand ability. If as a fan you interrogate this area then that is why we haven’t been taken over.

Without investment the brand can’t improve, BK has failed to do this but clearing him out doesn’t change a tap, we still starve major invest close to £300 million (stadia improve or new, player purchase, overdraft, purchase of shares).

That’s the reality of our situation; in fact if you look at what City and Spurs have invested my estimate could be out buy a further £2/300 million!!! Now can anybody please tell me who would invest between £300/600 million in EFC??? Exactly…….I think we all know the answer. COYB

Phil Martin
32   Posted 27/10/2009 at 10:11:06

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Alan, How can you write such crap? How can you possibly state that no-one wants to buy us when we AREN’T for sale?
Lets remember this conversation, and when the time comes. When Billy and co finally fk off. Providing they haven’t already lead us to DK and left us to rot. Lets see how much interest we get then. I bet you my mortgage when that day comes we will hear more stories/ articles/news about potential new owners than we’ve heard in the last 9 years. Why? Because until that day we aren’t for sale, and therefore no-one can buy us.
Alan before you respond answer my previous question;

So why do clubs like Notts County, Birmingham, Portsmouth, West Ham all get bought out? They all have old stadia, inferior history, support and potential. But you are suggesting EFC is fundamentally totally uninvestable/fucked simply because we are EFC?
Peter Griffin
33   Posted 27/10/2009 at 09:48:11

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Robert Elstone said in his recent Bluekipper interview that " There has been a steady stream of approaches to buy the club over the last two or three years. None of them have come to fruition. Ninety five percent of them were hot air. The remaining five percent progressed but weren’t ultimately followed up by the bidders. That steady stream has now slowed considerably but it hasn’t stopped, and the search for new investment, which is absolutely needed, as we are all too well aware, continues"

When we hear of other clubs it’s "takeover talks" or "new owners" etc. We hear "investment" and there is a big difference. I get the impression the club want someone to pump a load of money without taking total control of the club. If clubs are approaching us, it shows there are interested parties out there, we don’t have to name them! Our CEO has admitted there are people out there, but for some reason the talks don’t progress.

Why? Debt levels? Asking price? Unrealistic demands from the selling party?

If Kirkby gets the nod, the fans who are against it need to take action. It’s no good whingeing on here. The RS organised protests and we should do the same. They only had a 1000 as most of them had flights or ferries to catch. I would expect at least 10,000 blues, we can’t just accept it as we will forever regret it.
Phil Martin
34   Posted 27/10/2009 at 10:16:13

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David Hallwood,

Why do all BK apologists always tell others "to name the investors who want to buy EFC"?

As if that proves something about being realistic?

A simple analogy incase your brain is having a day off.
If I put my car for sale in autotrader. I dont know who’s going to look and potentially buy it. Does that mean no-one wants it?

If people then contact me and say "Can I buy it", but I say "no I wish to still own it, but you can invest in it.". Do you think potential buyers are going to continue the conversation? Or are they going to look elsewhere where they can have full control?

Ciarán McGlone
35   Posted 27/10/2009 at 11:24:25

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"Let’s make Gavin Chairman and see how long before the administrators arrive at GP. Let’s have a mature debate "
-----------------------------

Haha... contradiction of the week!

Alan... Bill Kenwright IS to blame for the current finances of the club, whether you accept that fact or not.
Ciarán McGlone
36   Posted 27/10/2009 at 11:26:12

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Peter,

The answer to your question is cleverly hidden in Elstone's words... I’ll paraphrase for the hard of reading:

’We’ve had a steady stream of investors looking to ’BUY’ the club... 5% of them were serious — but they didn’t come to frutition because we are looking for investment — not a sale.’

Chris Briddon
37   Posted 27/10/2009 at 11:53:37

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Phil Martin — you keep mentioning these clubs that have been sold, Nott County, Portsmouth, West Ham & Birmingham. Well I would answer, look who’s bought them.

West Ham's owners went bust, nobody knows who owns Notts County, and Portsmouth are likely to be up for sale again soon as the last 2 owners ddin’t actually have any money.

Birmingham I wll reserve judgement until any evidence is displayed, but would you really want to be in the situation of most of these clubs having to take out loans to pay wages and not sure if you will be in adminsitration in the next few weeks?

Phil Martin
38   Posted 27/10/2009 at 12:51:06

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Chris Briddon, you’ve missed the big fat steaming point of this. The fact that these clubs AND MORE have been bought and sold multiple times. Yet Everton struggles with its Ball and Chain remain untouched. And others claim nobody at all wants anything to do with Everton FC. I don't believe it.
Mike McIlroy
39   Posted 27/10/2009 at 11:53:58

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I see the original mail as being fuelled by frustration and I totally understand that but it is fundamentally flawed. Billy Liar will not let go of his deloved play thing and by doing so is killing us off.

It is a very unfortunate reality that we are being passed by teams in terms of spending power and we are seeing that reflected in the current table positions. Like it or not, to survive as a football club you need money, lots and lots of money, and it is BK’s responsibility to find it — that’s it, nothing else — he needs to get us investment.

Whether they are buyers or investors, he seems to balls up every step of the way making our club a commercial laughing stock. King’s Dock, Fortress Sports Fund... all of it makes me cringe to just remember.

You’ve clubs like Sunderland, West Ham and Villa that are receiving significant investment and they are making moves forward on the field as well as off. Simply put, Moyes in my view works miracles but I just can’t see him putting up with this shit for much longer.

Chris Briddon
40   Posted 27/10/2009 at 13:29:04

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Correction Phil, you are the one that is missing the point, there are people wanting to buy football clubs, but generally with huge loans that don’t actually allow any investment in the club. There are a few exceptions such as Man City and Villa (but even Randy Learner is looking to sell again as he doesn’t have the cash), but generally it isn’t that easy to get a billionaire buyer.

As an example, look at Newcastle, the asking price is reportedly less than £100m, they have a big stadium, and vast potential, yet nobody wants to pay the money!

Its ok saying you want Bill to sell up, but he needs somebody to sell to who will actually make the club better, not just maintain the status quo or worse.
Jay Harris
41   Posted 27/10/2009 at 13:44:06

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Although I cant stand the lies and incompetence from Kenwright it’s Earl and Green who are controlling the "sale" and it IS being delayed due to DK.

However that should not prevent 2 things which would help our finances.

First of all BK could dilute his holding through either a rights issue or the sale of some of his shares (that is if they are not hocked to Green already).

Secondly in the medium to long term we need a sound marketing plan to exploit the commercial opportunities.The reason Spurs have so much money to throw around is that they get around 40 million a year from commercial activities we get around 3 million and thats despite Spurs only having a capacity of 35800 and regularly finishing below EFC in the league.

I have constantly criticised Kenwright on here for not being more interested in the club with his stupid "I’m only the chairman what do I know about what goes on at the club" and "Only Newcastle supporters buy shirts".

I really dont believe we need a billionaire owner just some savvy businessmen like Spurs.
Ciarán McGlone
42   Posted 27/10/2009 at 13:58:37

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There’s absolutely no chance of a share issue dilution... That would mean a loss of potential paper money for Kenwright's buddies..

What was it Earl said at the shareholders forum... "Bill looks after everybody's interest"...

Yeah, apart from Everton's.
Alan Williams
43   Posted 27/10/2009 at 14:26:50

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I give up, some people just dont understannd how business works. As it currently stands we all want what we cant afford so unless we bridge that gap then all the rest is just a pipe dream. Off to North London to see my team hopefully progress to the next round of the carling cup!!! COYB
Ciarán McGlone
44   Posted 27/10/2009 at 14:31:50

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Yes, Alan...you’re clearly a business guru..

The point you’re conveneintly missing is that most people think Kenwright is the problem and that he shouldn’t be here...

While you continue to scramble around inside the acceptance of his tenure for a valid reason why HE can’t provide the necessary funds...

It is not a matter of accepting he can’t provide the funds....It is a matter of stating that if that is indeed the case...then why the fuck is he still here...nevermind the question of why he bought the club in the first place...

I hope your first class business mind can appreciate this argument without too much fuss....
Ste Traverse
45   Posted 27/10/2009 at 17:55:14

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So Elstone admits in his Bluekipper interview "there's been a steady stream of approaches to buy the club over the last 2/3 years" when Bullshit Billy told us at that frankly embarrassing Shareholders Forum back in August that "no-one's looking to buy football clubs these days". The words "the right hand doesn't know what left hand is doing" spring to mind.
Gavin Ramejkis
46   Posted 27/10/2009 at 19:41:31

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Alan Williams, you seem to have made up mystance for me which is blatantly wrong. I desperately want Everton ran like a business and not an old boys club and have posted umpteen times to that effect, if you are going to have a stab at debate at least try to read what I have said on this and many other posts. My hatred of BK is openly admitted as he is destroying the club I profess to having loved for forty years. Oh and Alan, if I was chairman of the club I wouldn’t sit behind bullshitisms and lies and voicebites to suit the occasion, instead I would run it just as I run my own company, face into the reality of economics, make hard decisions but strive to make it work and profitable.
David Hallwood
47   Posted 27/10/2009 at 19:40:22

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Phil Martin I’m no BK apologist, if Sheik Yerackers or Boris Loadadosh came in for us, I’d do a streak down Renshaw Street. Sorry bout this but the selling a car is nonsense and isn’t how companies/businesses are bought & sold. Normally a buyer targets a business and starts buying up the shares and if the owner doesn’t like it-tough. I take it you’ve never heard of a hostile buy out
Alan Williams
48   Posted 28/10/2009 at 08:38:24

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Ciaran, he is not the problem, he doesn’t even own the club!! 70+% of the shares are owned by other companies or individuals so should a buyer be around then they could very easily make a hostile takeover.

Gavin, your hatred of the man clearly gets in the way of a good story or post, as I keep on saying but you all forget or choose to not answer we need a new owner not a new chairman. The future of this club is not about BK it’s about a sound business model which EFC is not because we are cash poor!!

Blame BK if you want but one thing that has been consistent with him is he doesn’t have the financial backing to invest in to the club, we live hand to mouth in terms of outlay and this will never change until new investment arrives and nobody is interested in us.

I too run a business and sit on the board of a company with three times the turnover of EFC we are cash rich but lots of our competitors are not and they are sadly falling away or approaching us for takeovers. I understand exactly BK and EFC situation, they need cash in the bank to look at long term objectives but they can't so all their energy is wasted on short-terms issues which eventually will run dry and we will have to sell assets or players.

As a business, we are poor — that is why we are up for sale!! Last night I went to Spurs, both Jo and Heitinga were dreadful and they are new additions/investments. We can’t afford to be at the bottom of the league, we have budgeted for a 7th place finish so, if we fail, expect less money next year too!! COYB

Ciarán McGlone
49   Posted 28/10/2009 at 11:02:24

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Alan,

When you can’t even admit that Kenwright is the major shareholder...or realise that Hostile takeovers do not apply to private companies..

Then I guess it’s time to stop...
Alan Williams
50   Posted 29/10/2009 at 08:46:18

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Ciaran, you're wrong on both counts. Read what I say, he doesn’t own the club; I haven’t even mentioned the words major shareholder. Fact 70+% are not owned by BK????

Hostile takeovers, well you’re being extremely pedantic when we all know he and the CEO have openly said the club is up for sale. If a mystery buyer was willing to make an offer, they could go public via the press and call their bluff.

EFC has employed consultants to find a buyer and it has been offered around the city via many investments houses and is still doing the rounds. The fact is for many people they like the idea that BK is refusing to sell and holing on to his power and ignoring the reality of the situation. I know this is not true!! We are up for sale.

BK's failure is down to the fact he has no money, all EFC problems come back to this every time: Kings Dock, which just breaks my heart every time I stay in the Hotels opposite... all failed because we couldn’t raise the money.

BK is and will be history sooner rather than later, EFC's future is based on the P&L not the CEO or Chairman’s love for media sound bites. COYB

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