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Bill Kenwright's School of Comedy
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So the team building funds are blocked so we can finance the disastrous move to Kirkby? The Bill Kenwright School Of Comedy gathers pace!
Ged Dwyer, Posted 22/06/2007 at 09:44:32
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Keith Wyness has earned a remarkable amount of money from the club of which to this date has not reinvested a single penny. His business operations have been a self interested sham that only an idiot in BK would allow to continue; running his own business on the club’s time, getting performance related bonuses whilst off sick, he must have though every one of his christmases had landed at once working for BK as he has been able to write a blank cheque and bluff him into bonuses with short sighted gains by asset stripping the club’s premises and outsourcing virtually every single income stream. I’ll show my arse if anyone else can post in to tell me that their boss has ever allowed them to do this.
Finally how can you be 100% sure of the health of the club when 24/7 still to see an investor beyond fairy tales and Wyness sells GP for one last ride on the gravy train are in control?
I agree Bill does have to be held responsible for a certain amount of failings at the club and that includes from the time he took over until 2004; however, he has to be praised: firstly, for buying the club when nobody had made a serious offer in 18 months because of the clubs dire finances; secondly, for ousting Paul Gregg and his family from the club.
Bill's relationship with Gregg was a business one from the outset (theatres) ? you can?t be any other way when you are running a company, let alone one the size of Everton. The Gregg?s were always in it for the money ? that?s why most investors invest in businesses.
Since the boardroom chaos in 2004, Bill and Keith have restructured the club and made it financially viable. Yes, we have sold off some of our assets ? we had to in order to take the club forward. Without the new training facilities, without the plans advancing for a new stadium, without a sound financial structure, there was no hope of attracting any investment. After all, would you invest in a company that was in the mess we were in during the pre summer of 2004?
I do believe either before the stadium is built, or shortly after, Bill will make way but any investor coming in has to be right for the club ? there is no point in someone coming in buying the club only to drag it back down to were Johnston had us or takeover and heap debt on the club like United & Chelsea. What happens when they get bored? ? Do they clear the debt? I don?t think so.
On the point of Keith Wyness, he does earn a good wage but why should he invest in the club? Would you if you did not own it? I don?t know many other Chief Executives who would either unless it was of benefit to them! His outsourcing of parts of the business has been excellent ? this is something most companies if you are not an expert in the sector or it is not your key market. Everton aren?t experts in retail so it gets outsourced, straight away a lot is saved in overheads and the commission JJB earns as a partner is minimal against the profits it produces for the club as recently reported.
I, like all Evertonians, want to see the club challenging for top honors and the progress we have made since 2003-04 is fantastic ? yes I want to see money and investors coming in; and yes I want to see Bill stand aside should it happen... but it has to be the right time for the club and the right type of investor who is going to carry on building on the foundations that are now in place ? without putting the club in jeopardy, like the 90s era.
What was all that really all about? What was wrong with the reverse mortgage for Kings Dock? Would it really have been that bad? Shit, we would be in the friggin thing by now! Instead of contemplating a quite demeaning move out of the City to Kirkby, to avoid being in the shadow of the New Anfield.


1 Posted 23/06/2007 at 16:52:52
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