I'm sitting here watching Liverpool get away with murder (as usual) but also thinking there is some billionaire who is sitting at home waiting to be sold to...
Look over the park, Peter, there is another club, with another great history and no debt (in comparison). Err Bill get on the phone to Singapore billionaire Peter Lim.
£300 Million could catapult Everton ahead of everyone and it's all about the future not the past? Who's with me but are Everton missing a massive PR opportunity to investors by coming out publicy and saying "We are as good as anyone to buy, come and get us." Or am I deluded?
Tim Muzio, Posted 13/10/2010 at 22:12:43
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1 Posted 13/10/2010 at 22:54:10
With £320M, Mr Lim could buy Everton and fund a new stadium, and give Moyes money for new players. But our beloved leader won't let it happen; or maybe can't let it happen, it's probably not his decision.
2 Posted 13/10/2010 at 22:52:15
LFC + Masive debt + approaching insovency + crisis situation + worldwide brand = Always going to find significant investment.
EFC + Solvency + great history - worldwide brand = virtually no significant interest.
But who knows Mr Lim just might fancy a challenge (and a bit of revenge?).
I live in hope - or do I ??? Not sure.
3 Posted 13/10/2010 at 23:08:08
A thumping win, Goodison rocking what an easier sell that'd make.
4 Posted 14/10/2010 at 00:05:23
We just get told that Bill Kenwright says that some investors are bad, and we have to take his word, and then he won't tell us anything. Maybe it is Bill Kenwright's terms that are doing this. I would like to hear these investors' stories rather than no names, and a random apology on the website for no reason.
5 Posted 14/10/2010 at 00:15:13
6 Posted 14/10/2010 at 00:21:24
The only "model" that seems to work is the ego-driven billionaire who is not "investing" but prepared to plow huge amounts of their own money into a club. They are not expecting to make a profit but seem to do it for the sake of their ego or profile. Chelski & Man City fit into that category. Not sure what happens if the billionaire loses interest or gets into trouble (eg ex-Thai PM at City).
I can see why we do not fall into either category above and, to be honest, neither of the above really appeal to me. As far as I can see, there is no easy money available to EFC. It will take a lot of hard work and maybe some luck for us to keep dragging ourselves up by our bootstraps. For example, if we are to build a new stadium, it will only happen if we can manage to grab on to somebody else's coat tails (a la DK) as part of some larger development.
No one ever said it was going to be easy following Everton but, for me anyway, that's part of the appeal.
7 Posted 14/10/2010 at 02:20:59
8 Posted 14/10/2010 at 03:22:52
And some of us thought he wasn't doing a good job. Tsk, tsk.
9 Posted 14/10/2010 at 04:34:05
At the risk of stereotyping, a lot of these Asian businessmen are astute, and the whole branding thing is still at an early stage here in terms of recognition of its value in business.
Aside from a few, there aren't many philanthropists out here. Their main goal of making money is to make more. He would've seen a return on his Liverpool investment.
Asia also is success-obsessed. The only way for Everton to break through that is to start winning pots. Chelsea emerged quickly in Asia through Abramovich's money leading to trophies leading to exposure. Catch 22 on that one.
10 Posted 14/10/2010 at 06:49:58
As for us, do we really want to sell our souls for the promise of instant success? After everything we've seen happen to Liverpool, surely it's obvious that we're better weathering the storm and seeing how the league pans out over the next few years. If the likes of United and Liverpool start imploding under their debt burdens then we should be sitting fairly comfortable. I reckon Arsenal are thinking the same thing.
11 Posted 14/10/2010 at 07:49:49
12 Posted 14/10/2010 at 08:05:06
Please understand the simple FACT that he doesn?t own EFC ? he is by a very small margin just the major shareholder on around 27% of the company. That means there is another 73% with other people like Mr Woods, Grantchester and obviously private holders. BK has very little cash, most of his wealth is through shares and his Theatre activities. Some people say he is only worth £10 million so obviously he has creditors all over the place.
Other major shareholders, some Directors, some not, have a collective wealth of around £800 million yet I don?t see any of you personally abusing them, may I ask why not? Start with the Granchester?s (£500 million) then Woods or even Earl, all estimated pots over £100 million, yet you choose to attack the Chairman who takes no salary or expenses out of EFC.
Yes BK may be acting as a front for some of the others, namely Earl, but money talks and if an offer was real then the process would look after itself and frankly we haven?t even got past due diligence so that tells you we are not an attractive purchase. Just look how much G&H have taken out of LFC in the form of expenses ? it's an eye-opener.
Thereafter, be thankful we have BK; he is by no means perfect and has made mistakes. EFC debit was logged at £37 million last accounts, that figure can easily be reduced by player sales. Sheffield Wednesday went bust last Friday with debit of £30 million!! It?s not great at EFC but believe me it could be a lot worse. COYB
13 Posted 14/10/2010 at 08:24:49
Let's be proactive ourselves, Peter Lim probably thinks we are small time because we are. Make a difference and find him and pester him until he sees the irony of owning the better team in Merseyside for a quarter the price...
Over to you, clever lads.
14 Posted 14/10/2010 at 08:23:16
He will not try £300-odd million on Everton for certain. But he will certainly consider putting in £100 million IF the board is able to convince him of a reasonable yield for his investment.
You may wish to know also that Peter Lim is publicly known as a Man U fan, and in his stable of businesses is the chain of Red Devils bar and cafe in this part of the world. If you can live with that...
15 Posted 14/10/2010 at 08:35:55
Our beloved chairman also announces that the club is for sale, the result ? nothing. Now either evil blue Bill has more of a stranglehold on the media than Murdoch, or there has been no bids. The fact that anyone out there seriously believes that bids can be kept secret, when they've watched the takeovers of a dozen clubs, at times makes me despair for my fellow man. BTW I am not a BK supporter.
16 Posted 14/10/2010 at 09:02:02
We would all love a Toffee-loving billionaire to pop up and decided to pump the money in but realistically it's not going to happen any time soon.
There aren't any Abramovichs or Sheik Mansours left. Just businessmen looking to squeeze a buck, and quite rightly Bill knows the potential pitfalls of them, being one himself.
17 Posted 14/10/2010 at 09:12:23
gryphon1 (Liverpool): This is the phone number of the judge +1214653727. this is the e-mail of the judge: email@example.com, website is www.judgejimjordan.com. Suspect Hicks may be a campaign contributor of the judge. PLEASE email / call to make your opinions known as a Liverpool fan.
They will make a deal with the devil himself if it brings glory to their dying team..
18 Posted 14/10/2010 at 09:12:13
But my serious point is, he isn't interested in the club at all. BK wants someone (supposedly) who loves the club as much as the business. Seems he thinks he is that man!!
19 Posted 14/10/2010 at 09:18:20
If Everton owned their own ground, then yes, they'd be a promising bet. As that ain't going to happen, we've just got to wait for the PL to implode before we can ever compete again.
I'm not laughing (too much) at the Liverpool situation as I don't know how solvent WE really are. However, I think it may be a case of "out of the frying pan, into the fire" for LFC. I've never really known any "altruistic" American investors, have you? This new set of owners, assuming they circumvent the injunction, don't appear to have enough serious money for LFC to compete at the top end ? Which is about as good as it gets for Everton at the moment.
20 Posted 14/10/2010 at 09:39:12
At some point soon, I think we'll be in the same situation as Spain with football clubs owning their own rights to TV coverage. Because of the interest in Liverpool worldwide, any investor is set to make a huge amount of money from their TV rights. This is one of the reasons Hicks is fighting so hard to keep control ? he knows how much Liverpool will be worth in the future.
Because of decades of mismanagement at Everton, we're nowhere near the global brand that they are... so, despite our comparitvely low levels of debt, we're still not an attractive proposition.
21 Posted 14/10/2010 at 10:36:26
There are now 5 English clubs who are deemed good investments ? normal Top 4 and now Spurs. That's it, forget the mega rich buying into Everton. We are not a world brand and we don't reside in the bright lights of London.
22 Posted 14/10/2010 at 11:32:09
23 Posted 14/10/2010 at 12:20:25
Man City was a one-off, everyone else is looking for a re-sale buck. I'm happier being skint.
24 Posted 14/10/2010 at 12:51:52
25 Posted 14/10/2010 at 13:23:36
26 Posted 14/10/2010 at 14:10:42
27 Posted 14/10/2010 at 14:54:21
28 Posted 14/10/2010 at 16:22:10
a - isn't in charge; and
b - the club isn't for sale
Your naivity is a running joke every time you post.
Will the cuckolds suck in their necks for a moment and let the penny drop that the auld arses (myself firmly included) are not looking for the mythical billionaire or BK to be flamed a la the whickerman (as satisfying as it would be) but a better businessman or woman with an ounce of acumen to take the club forward and develop something remotely like a medium- and long-term business strategy to exploit existing and develop new revenue streams ? something BK hasn't done for a decade.
29 Posted 14/10/2010 at 16:31:44
I was one who was screaming out for a new owner. Now I'm not so sure. The only way it seems to work is if you become a play thing for the mega rich and then you have to hope they don't get bored. I know its frustrating watching the likes of Chelsea and City but frankly it should never have been allowed to happen in this country in the first place. This foreign ownership lark is a national disgrace and wouldn't be allowed to happen in other counties. In the long term it will destroy the game here and its quite simply built on greed short term gain.
30 Posted 14/10/2010 at 17:02:24
31 Posted 14/10/2010 at 17:29:30
Taking a relegation battling team and turning them into a solid squad frequently tasting European football, incurring only around £40 million debt deserves a medal, not the continual abuse that we see on here.
Will this current management team take us to title glory? I dont think so, no. But have they restored the credibility of our club, and made us feel proud again? For the majority, yes.
I'd rather be on the footing when finally getting took over, as opposed to selling up as you are about to get put into administration..
32 Posted 14/10/2010 at 19:00:16
Say you were selling your house, so you go to an estate agent to find a buyer. The estate agent agrees a deal with a mate of theirs, a passer by knocks on the door and offers a decent sum for the house. Considerably more than the estate agents mate. The estate agent offers the house to his mate and ignores the higher bid. You complain, stating a scam. The estate agent takes your house off you, kicks you out into the street and sells it to his mate. You go to court and the judge rules against you and in favour of the estate agent.
So you go for a drink to drown your sorrows, only to see the owner of the bar refuse to play some requested tunes and gets seven bells punched out of him, which is filmed on CCTV, the attacker is arrested, only for the judge to dismiss the case and applaud his good character.
After going home and watching an FA information video, ?How to be a top class referee? you are totally confused by the contributions made by Mark Clattenburg and Clive Thomas and the examples shown involving some red v blues teams.
So... has anyone got any idea what the fuck is going on?
33 Posted 14/10/2010 at 21:01:14
But, at the end of the day, we aren't for sale, as the fat Spanish waiter would say... FACT! COYB
34 Posted 15/10/2010 at 00:36:13
35 Posted 16/10/2010 at 00:39:01
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