The Mail Bag

Mr Leahy & Tesco

Comments (43)

The pro-Kirkby lot would have us believe that we're getting a brand new stadium on the cheap because of Mr Leahy's influence. It's a gifthorse that shouldn't be frowned upon.

Like other contributors, I would challenge this strongly. There is no free lunch in this deal and if Mr Leahy was somehow manipulating his position at Tesco to provide Everton with special favours then I'm sure their corporate governance department would have something to say about it.

It all leads to the nightmare scenario where the club is saddled with shit loads of debt, unable to meet the predicted attendance figures, and... well, you can guess the rest.

I would implore Everton Football Club to get off it's fucking arse and go and look at the viability of the other option on Friday. Also, sign some fucking players before the start of the season as we'll go backwards once more and if that happens all stadium talk won't be worth shite.
Anthony Newell, Nantwich     Posted 01/08/2007 at 21:11:36

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jez c
1   Posted 01/08/2007 at 21:42:47

totally agree about Tesco and those who think they are doing it to help Everton should try and answer these questions - how many years have Tesco’s been Everton shirt sponsor ? How many exec boxes to Tesco currently have ?

You see they have had no involvement in Everton up to now - Leahy knows how desperate Wyness and Kenwright are - simple as that
tom morris
2   Posted 01/08/2007 at 21:48:40

And presumably this other option comes without any debt, does it ?

David Barks
3   Posted 01/08/2007 at 22:01:13

It’s called a partnership as the stadium is part of the overall regeneration project of Kirkby town Center. Tesco want the stadium there in order to get approval for there store to be there and thus generate increased revenue for them due to the increased traffic and people shopping in the area. So how does not going into an agreement with Tesco and trying to build a stadium on our own without the assistance that Knowsley is providing us leave us with less debt?
dgf
4   Posted 01/08/2007 at 22:09:18

It amazes me how everybody thinks they are a bloody financial and business expert. Terry Leahy is one of the finest business minds in the uk and despite what many people might think Wyness is no idiot.
My first thought when anybody writes anything on here is what bloody business knowledge have they got. In most cases I suspect it is little more than a window round or running a grubby corner shop.
I agree there is no such thing as a free lunch but look at Tesco’s profits andd they will soon gain back the £50 million quid they put in for buying the land.
Plus why would they shaft us???
Is everbody forgetting they will lose 50% of their potential customers if they do.
David Barks
5   Posted 01/08/2007 at 22:27:34

DGF,

I totally agree with you. It’s one of the reasons why I’m not too sure that putting this up for a vote was a good idea. The fact is that most people don’t understand the first thing about business so putting such a major financial decision in the hands of so many who do not have the background to make an accurate decision is a bit scary. Can’t wait to see some of the responses to this.
Anthony Newell
6   Posted 01/08/2007 at 22:16:08

Whoa, wait a cotton picking minute now. I never for one minute suggested that any alternative scheme wouldn’t have debt too

The whole viability of the Tesco scheme assumes that we will get 50,000 attendance figures out in Kirkby and vastly increased corporate patronage. I don’t buy it, sorry. Show me some fucking reasoned evidence instead of plucking numbers out of the air or assuming there is an untapped wealth of support just waiting to be snapped up. A stadium close to the city centre has all the potential to get vastly increased attendances as it doesn’t inconvenience it’s core support base by virtue of location and is also better placed to pick up those visitors to the city and corporate bods who can’t be arsed to travel out to Kirkby, sorry that’s fact. After Kings Dock & Fortress I would regard anything proposed by Kenwright or Wyness as demanding closer scrutiny. Moving away from the city when so much regeneration is going on with new commercial opporunities to be leveraged on is fucking madness
tommy
7   Posted 01/08/2007 at 22:37:34

I’ll give you one idea where additional revenue will come from Away Support. On average we get 3,000 away supporters. Give them a safe area to park and easy access where they will not get lost in a strange city. How many supporters do you think will then come from Man U, City, Newcastle etc.
This is were Big Keith is thinking off when he says catchhment area of 4.5 million. He is thinking of away support as well. I love the city of Liverpool but I bet it is not the most welcoming of places if you are lost in Spurs(et al) shirt especially if you have just won.
Anthony Newell
8   Posted 01/08/2007 at 22:39:57

Oh, by the way, what an immature and patronising reply by DGF - it would appear that many people posting on here do have some very good business knowledge which is the draw of coming to a site like this. Just to let you know pal, my business knowledge was gleaned in the investment banks of the city of London and not on some bloody paper round. Maybe that’s why I like others demand to see further than just the gloss on the surface
Karl Parsons
9   Posted 01/08/2007 at 22:21:25

I’m with you dgf:

Am I being nieve in thinking that if somebody used their money and invested £75Million redeveloping my back garden would that not increase the value of my property?

Am I being nieve in thinking that if somebody else paid for all the flowers and plants in said garden would I only need to add a little cheap water to see the garden flourish?

Am I being nieve in thinking that if I turned down the opportunity of said free garden and blooming flowers and plants could I end up with a crazy-paved quick fix that no gardeners would find attractive enough to want to nurcher?

And am I being nieve in thinking that if I let my heart rule my head and reject Byzantium simply because the grass grew 1.5miles outside my domain would I end up grave digging instead?
Anthony Newell
10   Posted 01/08/2007 at 22:57:35

Ha Ha Ha, Karl, if your beautiful, heavily invested in, blooming garden was in the middle of Moss Side it wouldn’t be worth tuppence and neither would your house so yes you’d be better digging a grave. Location, Location, Location...YAWN
dgf
11   Posted 01/08/2007 at 23:00:24

"Also, sign some fucking players before the start of the season as we’ll go backwards once more and if that happens all stadium talk won’t be worth shite."
Yes Anthony they teach you business well in London obviously!!
Karl Parsons
12   Posted 01/08/2007 at 23:04:44

Anthony:

Surely this whole conversation is about Location, Location, Location or have you lost sight of the debate?
Anthony Newell
13   Posted 01/08/2007 at 23:03:58

Oh, so I have to speak like a constipated stuffed shirt to understand business do I? I think not my friend. If you listened to the language on a trading floor it’s far worse, believe me
Anthony Newell
14   Posted 01/08/2007 at 23:09:41

Err, Karl, wake up me old fruit, I’ve been banging on about location ad nauseam. I’m yawning cos I’m tired of it now. Oh, and by the way, it’s "naive" mate which is funny really in itself
tommy gibbons
15   Posted 01/08/2007 at 23:00:48

What part of ’Its a partnership’ do you not understand Anthony? Who cares what Tesco get out of it if we get a stadium for less than £20m.. And what is it with ’supporters’ like you who slag off any Evertonian (which Leahy is)who has a reasoned idea of how to get the club out of its current predicament using the means at his disposal.. but you listen to a shister like Warren Bradley and those ’scallies’ who are KEIOC (did you see their pathetic banners outside the Wilmslow last night)... You truly are only interested in where you’ll have ya pint aren’t ya, because none of the NO’s have come up with any substantive plan/funds for any development you think of.. and... As for other items brougt up re attendances etc.. we’ll get 50’000 easily, because they’ll be proper toffees who can drive, get a bus/train, walk anywhere to watch their beloved team.. but you and the alehouse gang (KEIOC)are only interested in yourselves
dgf
16   Posted 01/08/2007 at 23:13:24

Anthony I agree you can use such language to argue a business point. The problem is it also has to be mixed with some intelligence to the argument. Nothing you have said makes me think you have got any business knowledge at all.
In one corner we have Anthony Newell and in the other we have Terry Leahy I know which one I reckon has got the best idea.
I tell you what after the vote if the Kirkby option loses I bet big Keith will resign. If so I will look forward to your future appointment.
I can just see kenwright announcing at the agm "Our new chief executive Anthony Newell straight from the investment banks in London"
Karl Parsons
17   Posted 01/08/2007 at 23:16:13

If the only constructive thing you have left to do is ridicule my spelling Anthony I guess those of us who differ from your mindset now hold court.

(Marks for spelling welcome)
Anthony Newell
18   Posted 01/08/2007 at 23:19:33

Tommy, I’m interested in the long term survival of our football club, nothing else, that’s the God’s honest truth. If we can get ’50,000 easily’ and they will walk anywhere, why was the average attendance around 36,000 last season? I’m afraid that all future projections vis-a-vis the new stadium are built on sand. Evidence to suggest there is a short term, temporary rise in attendances following a stadium move is not sufficient to sustain the long term future of a football club, sorry. PS I also think your belittling of and reference to KEIOC as scallies is demeaning. Moreover, scallies make up our fan base, like it or not so who the fuck are you to jump on your high horse and decide who is worthy? I’m not part of KEIOC myself but can understand their demand for transparency and their recognition that this is just as ill thought through as Kings Dock and Fortress
Anthony Newell
19   Posted 01/08/2007 at 23:32:24

Karl, I don’t need to ridicule you, your quite capable of doing it yourself with your illustration of investing £75 million in your back garden
Karl Parsons
20   Posted 01/08/2007 at 23:34:46

I’m obviously not as business savvy as you Anthony, nor literate!

I just thought that if somebody else built my brand new home I would not have a huge mortgage to pay.

Yet your astute business presentiment determines that by rejecting the partnership and going-it-alone the huge mortgage we accrue will obviously not be an issue with regards to developing the organic growth of both Everton Football Club and the business that drives it.

Go check what presentiment means mate!
Roy coyne
21   Posted 01/08/2007 at 23:55:17

Anthony you are wasting your time these guys still believe Bills honest and Sir Terry is Santa do what counts VOTE NO I am
Anthony Newell
22   Posted 01/08/2007 at 23:49:31

Karl, I’m going to decline your offer of intellectual jousting over your obviously substantive vocabularly. However, I will put it in as basic business terms as I can for you: If you can’t pay your mortgage your fucked. Doesn’t matter who the lender is or the house

If somebody came along and offered to build your brand new home scot free, I am confident you would be savvy enough to ask to see the small print. After the failed Kings Dock and the mirage that was Fortress, wouldn’t you want to know more?

It would appear that many support this move because they think ’we can get 50,000 easily and they will walk anywhere’ Sounds like superb and detailed business forecasting

I’ll leave you now to your dictionary
Dick Fearon
23   Posted 01/08/2007 at 23:45:15

Typical of what we expect from the NO voters. Anthoney Newell comes across as being loud and foul mouthed with all the answers except that most important one of precisely where the money to finance his case will come from.
Anthony, can you or any other of your group answer that single most important question. Please do no come up with a mysterious Magwitch just waiting for the Kirkby option to collapse.
dgf
24   Posted 02/08/2007 at 00:02:29

"Karl, I don?t need to ridicule you, your quite capable of doing it yourself with your illustration of investing £75 million in your back garden "


"Also, sign some fucking players before the start of the season as we’ll go backwards once more and if that happens all stadium talk won’t be worth shite."

Yes a fine well reasoned argument Anthony.
I can just see it at Bestway now "Hey we have this fucking useless bit of land in a middle of a roundabout which we can do bugger all with. Tell you what lets sell it to Everton for 15 mill and they can build a stadium on it"

Big Keith "Oh cheers lads what a great idea. We can build a useless stadium on a roundabout with no roadlinks which will attract no extra fans and will put us millions extra in debt. But don’t worry Anthony and his mates can go to the pub before the game. Kirkby what were we thinking?"

FFS everyone wake up!!
Danny Broderick
25   Posted 02/08/2007 at 00:02:05

I think some of you are straying off the subject. The fact is, the Tesco deal is a blinding deal. The problem is its location from an Evertonian point of view. If we could have the same deal at one of the three sites within the city, then I am sure the absolute vast majority would be trying to bite Tesco’s hand off. What someone high up needs to do is put these sites to Tesco and see if these sites also meet their criteria, like Kirkby does. Whether there is a desire to do this at a high level remains to be seen - my own point of view is that someone on the board must have mentioned this during negotiations and Tesco have said that it is here or nowhere. That can be the only reason why the club have provided absolutely no alternative to Kirkby and begun a campaign to discredit Goodison - because there is no alternative, which depresses me greatly because I would prefer to stay in the city. I would prefer to stay at Goodison if need be, but we haven’t got a pot to piss in. We can’t afford to even redevelop Goodison on our own. I just wish the club would be more honest about it - come out and say we need Tesco to do it, so there is no alternative other than Kirkby.If they did that I think most Evertonians would go along with it with a heavy heart, which is how I now feel myself. I fear if we don’t do this, we will still be at the same crumbling Goodison in 10 years.
Karl Parsons
26   Posted 02/08/2007 at 00:08:03

OK Anthony, I take your point.

But you are assuming that BK and KW are the steering group here. How do you know that this is fact?

Maybe Sir T and his firepower have been granted licence to think strategically and guide our corridors of power correctly for a change?

As a lawyer if you were up against me in court now I would have you silenced because your argument is based on conjecture - not fact.
Karl Parsons
27   Posted 02/08/2007 at 00:23:25

Top post Danny!

That’s how I, and a lot of my mates feel too. We don’t necessarily want to move to Kirkby but I know in my heart it is the only true option available.

For the last 30 years, like us all here, I have made EFC my life, but if we fuck this one up we could end up throwing the baby out with the bath water - and that would be a nightmare for us all to administer in the forthcoming years.
David C
28   Posted 02/08/2007 at 01:11:36

I’m on Anthony Newells side. Investing 50 million quid in a stadium project with a football club largely perceived to be in decline would not on the face of it, appear to be the greatest strategy ever devised in the corporate world. If this is all on the up and up then how about some detail? If the club and Tescos have projections on how they’re going to recoup their money, and have 50 000 attendances why not show them to us?

Corporate confidentialty? Fair enough, but you can’t call a ballot on the issue, come up with a whole list of numbers, refuse to show how you got there, and then still expect fans to vote your way. Kenwright is either a born idiot or a bloody liar. The Kings Dock fiasco, the Rooney transfer, the Fortress Funding episode shortly followed by the departure of Paul Gregg...I wouldn’t trust him to run a bomb shop in Baghdad.

I would urge anyone with a vote to demand some answers to the questions raised here, and if none are forthcoming to vote NO to the Kirkby project.

@ Karl P -The club will lose absoluterly nothing by voting NO, whereas the Kirkby vote will probably cement Kenwrights control of the club for the long term. In which case we can expect another twelve years of trophyless misery, and perpetual off field fuckups. Moyes can manage a football team that can compete in the top five. But I doubt very much whether "Billy Bullshit" "Billy Liar" "Kenwrong" is in amongst the best TWENTY chairmen.
sasa wells
29   Posted 02/08/2007 at 01:26:25

Liverpool pay 390 million for 60,000 stadium. Everton pay 10 million for 50,000 stadium. Not sure on the sums but Liverpool pay high interest rates on what they borrow 7 percent. Everton would have a higher revenue because they dont have all the payments and dont owe anything. Everything that Liverpool FC do now is on the never never. To be honest I would worry about Liverpool FC rather than Everton. Their profits go to three different companies based in the Cayman islands, so nothing goes to Liverpool. They basically following this worrying trend about Americans borrowing money and buying companies - asset stripping etc, and this trend of easy money they can borrow is coming to an end. Just check the financial pages and the problems with sub prime lending.
Sean Hooley
30   Posted 02/08/2007 at 03:25:27

Sasa ’...worry about Liv*****l FC rather than Everton’ ??? This is for and about Everton ONLY... as the saying goes ’we don’t care what the redshite say...’ and for that matter do!
Tony Towers
31   Posted 02/08/2007 at 07:34:33

I know that every supporter wants the club to stay in the city. I know every supporter wants the club to win trophies and I know every supporter loves the club.
If we just dismiss the offer from Tescos as being "too good to be true" scenario then we will just be holding the club back.
I am damn sure that Wyness(as much as people don’t like him), along with Bill have checked the small print on such a deal to make sure it is in the best interest of the club.
For all the NO voters out there who want to either redevelop GP or build in the City, just smell the roses WE HAVE NO MONEY.
Ferdie George
32   Posted 02/08/2007 at 08:33:41

Whatever you say about Terry Leahey, with his business acumen,I just wish he was our chairman instead of the present incumbent!
Steve Hogan
33   Posted 02/08/2007 at 09:22:46

Anthony, where have you read that Everton are reliant on getting gates of 50,000 in the new stadium?, the club have never suggested this.

They have only pointed out that ALL the recent history of clubs moving to new stadia, each club has experienced a substantial increase in attendances.

Stick to the facts and give the club some credit.

To my knowledge, they are the only professional club ever to have offered their fanbase a ’vote’ on whether to move location, and yet people like yourself still slag them continually.
patty
34   Posted 02/08/2007 at 10:54:35

Anthony & Karl..... and they say women are bitchy!! All I know is Terry Leary is a Scouser and an Evertonian and that’s good enough for me,and I think he would want to do as well as possibe by EFC as he could, although if push came to shove he would have to put Tesco first as its his livelihood.
Brian Waring
35   Posted 02/08/2007 at 11:27:26

Patty,Kenwright is a scouser and evertonian.How many times has he fucked things up and lied to us.Kings dock,NTL,Fortress.Just beacause Terry Tesco is both a scouser and evertonian,doesn’t mean he wouldn’t screw us over if he had the chance.He has got to where he is with Tesco because he is very good at is job,and that is getting the best deals and making money for the company.As you said Tesco is his livelihood,and he will be getting the best deal for tesco,not us. when it come to business,sentiment goes out the window.
Anthony Newell
36   Posted 02/08/2007 at 11:48:40

Steve, has the club performed some break even analysis to assess what the minimum attendance figures would be to sustain their projected revenues? I think not. If am wrong, well lets see them. If the TW poll results are a reflection of reality the we lose some season ticket holders - fact
Well said Patty, but it’s the "push come to shove" that concerns me. To be honest I’m getting fed up of arguing and a little bit down about the divisifeness this whole debate has created. I’ll be glad to start talking about football again
Matt
37   Posted 02/08/2007 at 11:39:19

Anthoney,

You really are struggling to understand that Tesco will actaully get something out of this deal too. There building yet another superstore so the people of Kirkby will shop there. Simple facts... Build a store, and the customers will shop, its a tesco ffs.

The partnership end of the deal means we get a nice new stadium next to the store, and any publicity/marketing for Everton will no doubt be giving tesco a mention. I agree nothing in this world is free, but look a little further than the end of your nose and you see tesco will get shit loads out of this, as will we get a new ground.

As for attendance figures, if a number of die hards won’t travel another 4 miles to watch their team then they really have to ask themselves a question. Agreed it won’t quite be the same matchday experience many have known for years, but there is pubs in and around kirkby you know, and i’m sure if we wanted to take them over on a saturday afternoon we could. Rule with your head.
dgf
38   Posted 02/08/2007 at 11:52:38

But why would Lehy do us?
50% of his potential customers in his Kirkby store would boycot if he did(Look at the Sun effect if you don’t believe me)
Brian Waring
39   Posted 02/08/2007 at 11:58:35

DGF,I’m not saying Terry Tesco would screw us over.But,at the end of the day he is a business man,and will do what is best for himself and his company.Also,the 50% of customers you mention boycotting,would it be because they are Evertonians?Say about 75% of the shoppers in the family are the women.What percentage of that 75% would be into football,not to mention Evertonians?Probalby a small amount.They would more intrested in how much they can get the weekly shop for.So if we were screwed,I really couldn’t see Tesco losing much business,if any.
PATTY BLUE
40   Posted 02/08/2007 at 12:12:49

Brian - you are perfectly right. I think, when it comes to it, I am pretty naieve. I just know what I would feel as a die hard blue.
Brian Waring
41   Posted 02/08/2007 at 15:57:58

Patty,your not naive.I,m like you a die hard blue.Thing is though,if we both were able to invest thousands of pounds into the club,we would want the best deal that would benefit us.I would anyway no matter how much I love the club.
Karl Parsons
42   Posted 02/08/2007 at 19:37:59

Come back Anthony...All is forgiven!

Don’t let the bastards get you down. What you created here was healthy debate.

Big up to ya!
Andy Casey
43   Posted 06/08/2007 at 14:42:54

Manchester City now have Thaksin Shinawatra as their sugar daddy, a man described by Human Rights Watch as an ?abuser of the worst kind?. He has also been convicted of corruption and was ousted from his post as Thailand?s Prime Minister by a military coup.

Chelsea have Vladimir Putin?s best mate, Roman Abramovich, bankrolling their circus, known more commonly as a Premier League football team. Abramovich?s billions also helped ensure Vladimir Putin?s reign in Russia continued during the last elections there. His money helped support a regime committed to the regression of democracy in Russia, as well as the continued oppression of the people of Chechnya, and increased military spending helping polarize and agitate their neighbors.

Strange days indeed, when such characters can waltz in and purchase an entire football team. Alas, the promise of money and better players always seems to quell any sort of opposition to these proposed takeovers resulting in minimum fuss in their quest to turn a football club into a money making cash cow.

But what does this have to do with Everton? Good question. While, luckily, we have not been approached from the murky underworld by an oil tycoon, we have been offered a deal by the Tesco corporation. I have made it known on Toffeeweb before about my opposition to the move to Kirkby and my opposition to Tesco owning the naming rights to our new stadium, wherever it may be. But I also wanted to shed some light on Tesco?s practices as a company, both in England and around the world.

As recently as two months ago, the Guardian reported on farmer?s working conditions in South Africa, Tesco?s main supplier of fruit and other produce, as lacking in any kind of living wage, workers referring to their boss as ?master?, and also being paid a miserly 30p an hour for their troubles. Over a year ago Tesco acknowledged their inhumane working conditions and promised to become a member of ETI (the Ethical Trading Initiative) in an effort to protect their workers. All evidence points to it being a token gesture made in order to clean up their public image.

Conditions in South Africa have actually worsened and the people who stood up to Tesco and asked to have their basic human rights respected have been strategically persecuted by those working above them, namely their ?masters?. A deplorable situation and one that is not the exception to Tesco?s policy of exploitation of cheap labor, but the rule.

A woman on a South African pear farm receives 32.50 pounds every 2 weeks (significantly less than the government mandated minimum wage of 38 pounds) while at the same time Tesco?s yearly profit margin topped the 2 billion mark. This is not the kind of unethical inhumane treatment that I want associated with Everton Football Club. Tesco was also recently linked with a violation of child labor laws in Bangladeshi textile factories where workers were being paid 11 cents an hour and some were as young as 9 years old. Tesco denied the allegations and said they were conducting their own ?internal investigation? but where there is smoke there is fire.

Research has pointed to Tesco?s mistreatment of its workers, mainly women and children, as being systemic and calculated. I do not want this company?s name associated with Everton Football Club. I do not want their dirty money buying players that don?t give a shit about Everton. Everton is different than Man City and Chelsea because we haven?t sold out to outside influences. If we do we will no longer be ?The People?s Club?, we will be a corporation.

A corporation whose track record of miserly wages and violations of child and labor laws is extremely alarming. Say no to Kirkby and so no to Tesco and their dirty money. (I will provide the links to the articles regarding the working conditions in South Africa and Bangladesh on request).


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