Season 2011-12
The Mail Bag
Why not Everton for Qataris?
The Mail on Sunday reports that "Newcastle and Fulham are to be `scoped out` by intermediaries working for senior members of the Qatari Royal Family as potential takeover targets."
Now I can understand why they would be interested in the Barcodes ? fine stadium, pressing for ECL place, and 50,000 disciples ? but Fulham is another matter altogether!
About all they have going for them is that they`re in a posh part of London but that`s mitigated by a crap ground and a debt mountain that makes Everton`s look inconsequential.
So if the ruling Al-Thani clan is really really exploring options to expand their football portfolio, why the hell aren`t they looking at Everton as a home for their spare readies?
And don't give me "Kenwright wouldn`t sell"!
Richard Dodd, Posted 07/05/2012 at 09:56:52
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...location, location, location.
Not a long trip in the Rolls to catch the sport after blowing a couple of hundred thou in Harrods.
All of these Middle Eastern countries are interested in the branding that the EPL gives them. Think Man City's owners are gutted about the Tevez and Balotelli antics? Think again. They get 3,000 mentions globally across the different media channels, and they love it.
Like Abu Dhabi and Dubai, Qatar has a number of state-owned companies that have money to burn and are looking for global sponsorship deals, so expect Q-Tel on Fulham shirts from next season?
But Hell will freeze over before he does that!!!!!
When Moyes was on Goals on Sunday, old Gordon Clegg showed up before his return to Corrie.
Being chairman of a Premier League club is right up his street (excuse the pun).
It's all rumours, it was just something I was told from a colleague who had done business with a quite large Everton shareholder who sits close to Kenwright; he called him a non-too-pleasant name.
They allegedly wanted us But Bill wanted silly money.
The Liverpool story came from a friend of Benitez; as I said though, just rumours.
I've sent this to Michael as an e.mail attachment as i am not to clever with theses computer thingies... :)
There are buyers about but we are not able to seal any deals - something is not right!
There's loads of alternatives out there.
Cretins of the highest order run our club and i reckon they still have years left before they finally sell and depart.
I imagine that if Bluey did finally sell he would demand the title of "Honorary Chairman"
Yet another horrible summer of non investment followed by lie after lie awaits.................
Other current investors????
Erm, can you run that by me again cos I don't think they have invested anything in EFC.
Unless I've missed summat....
It wouldn't take Columbo to figure out that a club that's been on sale for 10 years ? and hasn't been sold ? is one where the sale, and those selling it, are problematic.
Why do YOU think 9 potential buyers have walked away.
N.B. The nine interested parties are FACT - ask our CEO.
The Venkys at Blackburn didn't seem to understand that Blackburn could get relegated and vastly underestimated how much it would cost to get to where they envisaged.
Our problem is that we are not viable as an investment as we have gone as far as we can without a new stadium. That just leaves the owners like Ambramovic and whatever the Sheik is called at City. Here again, our price is relatively high and we desperately need a stadium. Our main selling point is our rich history which doesn't mean as much to foreign investors, especially when our main rivals have sn annoying ability to win trophies with an awful set of players.
It's going to take a miracle or a disaster for us to be sold!
A £100M club with £50M debt, you pay the owner: £100M ? the debt = £50M, and take on the debt, or if you prefer pay it off.
It comes out the same. The owner each time gets the same amount plus losing his debt. And don't tell me "it doesn't work that way!" ? it does, the buyer insists. Wouldn't you? You think they are different??
And as someone else has said of Fulham: location, location. Except, Fulham do not have a large following and have nearby competition, Chealsea, QPR, Man Utd and Liverpool (trust me, the last two are real).
Newcastle will always be attractive: big ground and little local competition for fans.
Contrary to popular belief, I don't think that another Sheik Mansour or Abramovich actually exist.
Clearly a Randy Lerner, Venky or Morgan ? rich though they may be ? is no longer minted enough to fund both the stadium development required and maintain a top-end team. So all the shouting in the world ?even if it did drive Kenwright out ? will do little to solve our problems.
Do you know, I'm beginning to believe that our man is not stalling after all. Everton IS unsaleable ? at any price!
His company have never ever used Everton and have no future plans to do so, and Liverpool's position is also falling in their rankings.
I don't know how we can ever attract investment if I'm honest. The ground is totally inadequate, Liverpool has lost its 60s,70s, appeal and I'm with Richard that Everton is unsaleable at any price, there is nothing at all to attract any investor to us.
His determination to avoid the drop coupled with a subservient attitude toward big clubs will see crowds dwindle and keep us forever in mid table mediocrity.
Any hope of a long term success could hinge on a sink or swim Blackpoolesque attitude.
In the longer term relegation could actually be our saviour.
with hopes of making a killing having disappeared It might generate a boardroom revolution. The Messiah's negative tactics having failed he would likely move on to be replaced by someone more attack minded.
Just imagine an Everton side that from whoa to go throws the kitchen sink into the fray. A bit mouth watering eh'.
Trophies would be won, the Old Lady would be jam packed, investors would be queuing up and we all lived happily ever after.
What the fuck? If Rangers with a worse financial predicament than us and inferior TV rights, can have multiple bidders. Why not us? The price is everything in any transaction. And Bill (and chums) are holding the club to ransom. FACT.
The kind of investor/buyer interested there is one who can go in small, inject a bit of stability, and expect a return in terms of Champs League etc.
That kind of investor is not interested in Everton as we need a lot of money pumped in to take us to that next level. We need, because of the new money rules, to earn our revenue and be run appropriately. To get new revenue we need a new stadium or we need Walton to become the tourist mecca confidently predicted by those behind the Football Quarter!.
Without that revenue we cant pay the wages of the big players even if we could get together the cash for top drawer player purchases every summer.
As has been said above we are not commercially attractive. Business people want to buy something cheap, drop in a bit of seed money, and get a rising value asset out of it. That, any way you try and cut it, is not something Everton can offer.
If Kenwright was offered the Ticketus deal, I reckon he would have gone for it as well..
If they do form a new company to run the club then their is a chance that player contracts maybe invalid and they could all walk away on free transfers. Some much smarter cookies on TW than myself could say whether thats possible..
I hope Kenwright has paid the Inland Revenue is all I can hope for..
Marketing and sales ? Are we wearing this new kit in the last game of the season then ?
It is not my analogy, trust me.
Tony, how do you know and what evidence can you put forward? I think that MK should set aside a separate thread for this aspect only. I keep hearing rumours about Green and lending money and blah what Earl is in it for.
Can someone let us have some evidence please?
Rangers play in the SPL they don't get English PL revenues. Even when they compete in the Champs league, they still fall way short of the tv revenues a top flight English club. Hence all this shout about them and Celtic moving South.
It doesn't matter they're being forced to be sold. The point is that all clubs have a value in which they are sellable. Rangers by virtue they are going bankrupt is £0. Everton should be somewhere between that and £50m. This is the problem, Green Earl and Bill appear to expect big returns on their holdings. Which makes Everton totally unattractive.
Myth #2, our stadium puts buyers off. Maybe smaller investors yes. But the Qataris are in the same league as the City Sheikhs.
So given they've commited £700m to making City the best side in the league AND about to fund a regeneration of a huge area around the Etihad stadium. Why would £150m redevelopment of GP be an issue to an owner like that?
As Mike Oates states, why would millionaires and corporate entertainment even contemplate hosting functions in backwater areas? They're not into local pubs, chippys and discotheques are they? Any sushi bars around Goodison? French and Italian fashion boutiques?
Sounds ludicrous but the one thing Americans have over us is they can migrate their franchaises anywhere in the country. New York Dodgers to LA Dodgers. We should be looking to move Goodison to London. Local income means nought, it's corporate hospitality for overseas millionaires.
Rangers record turnover is only about £15mn short of ours and they do not have a wage bill like ours to cover. Get them some stability and chuck in a couple of £10mn signings and they are easily going to return league titles.
The costs to turn them around and get them back to the top of their league are, simply put, a fraction of what it would take to get us to the same sort of position. That is the bottom line.
Why would £150mn of redevelopment money be an issue?. Well lets look at what that £150mn bought instead of a stadium - Robinho, Lescott, Silva, Dzeko, Aguero!. Putting money into infrastructure, up front, did not fit the Arabs plan they wanted spectacular headlines of their largesse and financial muscle.
Yes, it's move Goodison to London.
Interesting thinking about what that might do to the attendance problem. Bill would certainly go, I would go too, and there are about another 1,000 ESCLA members here. All we need is to find another 60,000 exiled scousers or those prepared to, and with the money to, travel each week.
We're a Premier League club, if we get players the caliber of Silva, Aguero, then 60,000 neutral fans/tourists will flock in. Print the programmes in Chinese, Japanese and Arabic. It'll be another entertainment event that fits in the tourist schedule with the London Eye, Tower bridge and soho.
Or we could raise prices at Goodison to match London club prices. The income has to come in somewhere. Londoners and tourists have more spending power. Think business not football.
You've got the ground and location to blame for no one wanting to buy Everton.
Have you seen St James' Park?!?!?!? Makes Goodison look like a fuckin' non-league ground.
As for Fulham, all you have to do is walk round the ground and that'll tell you all you need to know about wanting to buy them.
I've said it before and I'll say it again; until we move from Goodison this football club is going nowhere FAST.
Fuck it anyway - it's a short week and the season is nearly done.
More of the same shite next year to look forward to all summer.
Blaming the ground and the location is not the problem.
Anfield is only 5 years away from being in the same state as Goodison. Plus it's only a stroll away. So clearly stadia and location have some importance but not the sole factor to be considered.
Steve,
Are you seriously suggesting that spending £150M on a Stadium redevelopment would put off someone like the sheihks if they have £700M (like Mansour) to spend on a club?
No chance. The asking price is what puts bidders off. End of.
Would he and his mates do nothing while their main asset crumbles to dust. I think not.
Their chance of a big pay off depends on Moyes keeping us in the PL. At first signs of him struggling to do that we see transfer funds suddenly made available, ie: Jelavic.
Last I heard the Etihad was still owned by Manchester City Council and leased by City. So despite this £700mn the Arabs have dumped in, that you seem so impressed with, they still havent bought into the bricks and mortar and haven't given City ownership of their own bloody ground.
http://www.telegraph.co.uk/sport/football/teams/manchester-city/8257210/How-Manchester-City-won-the-stadium-lottery.html
The 'asking price' being the whole issue is a lazy excuse by those without the nouse to look at the real problems. End of.
That is the problem, its teh number of Zeros Billy Bullshit wants on his cheque nothing more.
If i was a billionaire I would buy the club build a new stadium and then ban that bullshitter from getting anywhere near the place.
As fans we are all at the wim of that fucking man.
That's why I hate and always will hate Bill Kenwright. The Kings Dock was our only opportunity and he fucked it up.
The £1Bn redevelopment around the Etihad is being largely funded by the owners. So yes they are investing in "bricks and mortar".
Compared with our chairman who cant even fund a hole in a wall.
As Daniel #558 said above. If you're house is on the market for 10 years. Then its either you not really being that bothered about selling or your asking price thats wrong.
Some buyers want projects and a chance to rebuild something special - at the right price. But no-one wants to bail out Bill and co for years of neglect and credit card debt.
The assumption that new owners are bound to be better than the old is an easy one to make but repeatedly turns out to be a false dawn."Anybody would be an improvement on Doug Ellis," said Villa fans as one... but now they ain't so sure!
For some clubs: Coventry, Sheffield Wednesday, Portsmouth, Leeds et al, a change from a long-established owner turns out to be the precursor to a procession of chancers, each of whom are far worse than those they replace.
All of which fills me with little hope for our future... although, as long as Davey is holding Bill's hand, I think we can be confident that doomsday will, at least, be delayed.
In every other respect, aside from this, they would be in no better a position than us.
The club needs to move to somewhere more attractive than Walton I'm afraid, unless, of course, we suddenly and unexpectedly start winning all kinds of trophies and become attractive to a buyer in that respect. I think we would all agree though, that that is highly unlikely to happen.
So we need to move, maybe to somewhere nearer the town centre, ideally overlooking the river where all the 'tourists' who visit Liverpool tend to stick anyway. But that would require a huge investment which nobody is likely to offer either under the present regime or under the regime of any future buyer.
Whatever faults we can pin to BK, the fact that he may want his money back, even with a little interest (and nobody really knows if this is the case) cannot be the reason for the lack of a sale. Any buyer who was prepared to invest in Everton the sort of money it would need to make us a top club again (a la City) would in no way be put off by a few million extra quid if his/their plan was to undertake the same scale of investment as has happened at City. Such a sum, though seemingly huge from where we stand, would be a drop in the ocean in the grand scale of things.
Those who believe that BK is the only or the main impediment to a sale are deluding themselves and present as people just wanting to identify somebody to blame because it helps them to feel better.
Our history is great too but it is rather ancient and doesn't ring in the ears of a Sheikh or an Oligarch, or even a sports investment company. Everton have all the disadvantages and few if any advantages when it comes to selling the club. It surprises me that Newcastle have not been sold to somebody mega-rich already and, as somebody stated above, Fulham have one huge advantage....location.
Trying to find a single individual to blame may well be comforting, but we have to face up to the truth and the truth is that Everton Football Club is not an attractive investment opportunity for the super-rich. There would be very little in it for them. Not even Kudos nor philanthropic satisfaction. They could get much more of that at Fulham or even QPR.
We have to wake up and smell the coffee I'm afraid.
Look at the Telegraph piece I posted. They are only looking at the development to try and create revenue so they can end-run around the new financial regs...sensible as they can only pull the 'sponsorship' trick so many times.
Once again Man City's stadium is owned by the local council NOT the club. City's ground cost relative shirt buttons as well....its not some huge Emirates-like edifice. Buying it for the club would not be an issue to the Sheikhs yet they have not. Why do you think that is?.
Answer: Because they dont have to.
They arent interested in owning a stadium in Manchester any more than they were interested in owning one in Liverpool and they certainly were not interested in rebuiding an old one for us. I dont know how that can be any clearer than it is.
I'm not sure you are quite understanding the difference between selling a house and selling a business.
To use that analogy the house you are selling would have to be an old Victorian mansion. Something needing a shitload of work and investment to get up to a good, saleable, standard. If you saw that on the market reduced from £200k to £100k would it make a difference?. No it wouldnt, because, you'd know that you still have to find the shitload to get the thing right and you'd be facing a huge project without any guarantee of a return.
When you get this maybe you'll understand that, by this point, even if Kenwright spontaneously combusted tomorrow it would change nothing on our chances for being taken over.
Sorry fuckall to do with footy, just one of the best jokes I've heard for ages
Any disquiet either hasn't got through or they genuinely think it's all going great, in which case why not just hang on.
If people don't offer what you want AND on your terms tell 'em to fuck off.
I would, and privately I'd adopt a "let them eat cake" attitude to any of the great unwashed having a moan.
(actually they're doing that aren't they?)
Dont know if Mike could put it up as it's relevant to this thread... maybe there's a legal aspect to it?
Just to let anyone who hasn't seen it know, it's a list of people/companies who were at one point or another vinterested in Everton FC.
Looks like youv'e fallen for that great BK saviour.
We don't need a billionaire. That's pure guff that comes from his mouth. We need someone who has business Acumen who is not a bull shitter of the highest degree and has a progressive plan for the club. Not one who just seems to take chances all the time.
Chances that have all backfired might I add.
Thats acumen all right!
Preliminary information given to potential buyers more optimistic than reality. There are big legacy costs as a result of doing things poorly over a number of years... structural and commercial problems. It would be a hard time turning things around and implementing structural changes and discipline. Such changes would make a buyer very unpopular given the way things have operated. There are a number of issues including legacy contracts, the limitation of potential revenue streams and the expectation of required investment.
Actually, all of the above are some of the excuses given by Bill Miller for not buying Rangers; all of them and more could, and most probably do, apply to us as well.
Blame should also be put on Liverpool City Council who not only have sided with the RS over Everton but also allowed ? by their pedantic shortsightedness ? Liverpool Airport to be relegated to a provincial backwater. The Unions too deserve some blame for dragging Liverpool City's name through the gutters and causing the financial collapse of the Docks with their outrageous demands.
Thing is.... 2009?!? That's THREE years ago now. This is SO out of date it's untrue.
Just a few weeks ago we had 12 interested parties?!? Let's have someone come up with the up-to-date M&A printout for EFC Co Ltd from Companies House listing a few of those supposed 'interested parties' Elstone's been telling us about...
Okay, so it proves that some of the rumoured 'interested parties' were in fact real. But three years old... Come on!
Newcastle may have an excellent stadium and fanatical support but their actual fan base is restricted to a depressed and insular part of the country; we have been Champions seven times since they last won the League in 1927. Fulham may be based in the capital but they never have been and never will be a big club.
The massive support for the 2009 Cup Final and the recent Semi proved that we are still a huge club, we have a great history and we play in a world famous city. Why do the Kenwright apologists always play down our potential?
Newcastle need less spending on them to get to a position where they could be regularly challenging for top honours than we do.
Fulham are better placed to be a 'marquee' aquisition i.e a shiny bauble that can be used as a vehicle to promote whatever the Qataris want to promote.
Simple as that.
Yes, it is three years old, I haven't seen a later version, but it shows there is interest from seriously wealthy people.
Sorry, that should say.... there was!
I wanted it up because Alex Bonar wanted to know who these Billionaires are... Well, there's a list... and apart from True Blue Holdings i reckon there wealthy enough.
The Red Rag of an Echo should investigate that document and, if it'0s real ? and all the rumours of Bill being unreasonable are true ? expose the Liar for what he is.
But of course the editor of that Rag is a kopite......
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361 Posted 07/05/2012 at 14:10:40
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