The Rumour Mill, Season 2011-12

Massive Indian conglomerate in Everton link

27/10/2011 | Comments (25)
The Tata Group, with operations in 80+ countries and revenues last year in excess of $80b, are rumoured to be interested in buying Everton FC.

Nothing substantive has come to light to support this story but suggestions that the group, headed by Ratan Tata, could use ownership of EFC to support the development of football in India have been raised.

Some internet speculators have linked this to the possibility of a change in the ownership of Finch Farm but that link appears circumstantial at best.

Original Source: Internet Whisperings

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Russell Buckley
1   Posted 27/10/2011 at 23:37:08

Eh..just once I'd like one of these rumours to come true. Surely the Blues aren't that big a turn off for those with money.
Paul Lally
2   Posted 28/10/2011 at 00:00:04

Sorry Michael posting on here as well as 'Takeover' thread.
Initially this appeared as 'Indian consortium' approaches EFC on the Daisy Cutter website.

They were inundated with EFC fans asking questions so issued an apology for raising hopes but insisted their sources were reliable.
Then adding they had been asked by said contacts to stay silent for a while.
Apology - http://www.thedaisycutter.co.uk/2011/10/a-message-and-apology-to-everton-fans/
Plus an update Oct 24th - http://www.thedaisycutter.co.uk/2011/10/everton-takeover-latest/

Now we see it re-surface from Internet Whisperer.

I would get a tad exited but on Oct 26th in the Express, Kenwright interview by Ian Ridley -
http://www.express.co.uk/posts/view/279759/Kenwright-must-be-for-keeps-at-Everton
Qoute from-
'if Everton do catch the eye of the world, perhaps it will alert a buyer to the potential of a club in need of new impetus. Even if Everton have, ironically, been left behind by the very thing they helped create,(Premiership) be sure that Kenwright and Co will not sell to another Venky?s.'
Coincidence ? And why the slur on the Venky's ?
Very wealthy Indian family business with one of the sons a football nut.
A worry because after seeing the extremely positive impact Blackburn had on their recent tour to India,then add in 90 million people live in Delhi alone and it could be what we have been waiting for, with far more potential than Blackburn.
Here's hoping.
COYB
Paul Lally
3   Posted 28/10/2011 at 00:36:01

Also worried that, as Phillip Green is a Spurs fan, would he be involved in any takeover? He is a ruthless businessman and why would he want to see EFC wealthier than Spurs? He could be constantly putting a spanner in the works!
COYB
Jason Heng
4   Posted 28/10/2011 at 01:35:42

Not so sure this is a happy link.

Munnar, Kerala

The Kerala Government had filed an affidavit in the high court saying that Tata Tea had 'grabbed' forest land of 3,000 acres (12 km2) at Munnar. The Tatas, on the other hand, say they possess 58,741.82 acres (237.7197 km2) of land, which they are allowed to retain under the Kannan Devan Hill (Resumption of Lands) Act, 1971, and there is a shortage of 278.23 hectares in that. Chief Minister of Kerala V.S. Achuthanandan, who vowed to evict all government land in Munnar formed a special squad for the Munnar land takeover mission. However, later he had to abort the mission as there were many other influential land grabbers and faced opposition from his own party.

Kalinganagar, Orissa

On 2 January 2006, policemen at Kalinganagar, Orissa, opened fire at a crowd of tribal villagers. The villagers were protesting the construction of a compound wall on land historically owned by them, for a Tata steel plant. Some of the corpses were returned to the families in a mutilated condition. When pushed for comment, TATA officials said the incident was unfortunate but that it would continue with its plans to set up the plant.

Dow Chemical, Bhopal Gas Disaster

In November 2006, survivors of the Bhopal gas disaster were outraged by Ratan Tata¡¯s offer to bail out Union Carbide and facilitate investments by Carbide¡¯s new owner Dow Chemical. Tata had proposed leading a charitable effort to clean-up the toxic wastes abandoned by Carbide in Bhopal. At a time when the Government of India has held Dow Chemical liable for the clean-up and requested Rs. 100 crores from the American MNC, survivor¡¯s groups felt that Tata¡¯s offer was aimed at frustrating legal efforts to hold the company liable, and motivated by a desire to facilitate Dow¡¯s investments in India.

Supplies to Burma¡¯s military regime

Tata Motors reported deals to supply hardware and automobiles to Burma¡¯s oppressive and anti-democratic military junta has come in for criticism from human rights and democracy activists. In December 2006, Gen. Thura Shwe Mann, Myanmar¡¯s chief of general staff visited the Tata Motors plant in Pune. In 2009, TATA Motors announced that it would press ahead with plans to manufacture trucks in Myanmar.

Land acquisition in Singur

The Singur controversy in West Bengal led to further questions over Tata¡¯s social record, with protests by locals and political parties over the forced acquisition, eviction and inadequate compensation to those farmers displaced for the Tata Nano plant. As the protests grew, and despite having the support of the Communist Party of India (Marxist) state government, Tata eventually pulled the project out of West Bengal, citing safety concerns. The Singur controversy was one of the few occasions when Ratan Tata was forced to publicly address criticisms and concerns on any environmental or social issue. Ratan Tata subsequently embraced Narendra Modi, the Chief Minister of Gujarat, who quickly made land available for the Nano project.

Dhamra Port

On the environmental front, the Port of Dhamara controversy has received significant coverage, both within India and in Tata¡¯s emerging global markets.

The Dhamra port, a venture between Tata Steel and Larsen & Toubro, has come in for criticism for its proximity to the Gahirmatha Sanctuary and Bhitarkanika National Park, from Indian and international organisations, including Greenpeace. Gahirmatha Beach is one of the world¡¯s largest mass nesting sites for the Olive Ridley Turtle and Bhitarkanika is a designated Ramsar site and India¡¯s second largest mangrove forest. TATA officials have denied that the port poses an ecological threat, and stated that mitigation measures are being employed with the advice of the IUCN. On the other hand, conservation organisations, including Greenpeace, have pointed out that no proper Environment Impact Analysis has been done for the project, which has undergone changes in size and specifications since it was first proposed and that the port could interfere with mass nesting at the Gahirmtha beaches and the ecology of the Bitharkanika mangrove forest.

Protests by Greenpeace to Dhamra Port construction is also alleged to be less on factual data and more on hype and DPCL's (Dhamra Port Company Limited) response to Greenpeace questions harbours on these facts.

Soda extraction plant in Tanzania

Tata, along with a Tanzanian company, joined forces to build a soda ash extraction plant in Tanzania. The Tanzanian government is all for the project. On the other hand, environmental activists are opposing the plant because it would be near Lake Natron, and it could possibly affect the lake's ecosystem and its neighbouring dwellers.

Tata was planning to change the site of the plant so it would be built 32 km from the lake, but the opposition still thinks it would negatively disturb the environment. It could also jeopardise the Lesser Flamingo birds there, which are already endangered. Lake Natron is where two thirds of Lesser Flamingos reproduce. Producing soda ash involves drawing out salt water from the lake, and then disposing the water back to the lake. This process could interrupt the chemical make up of the lake. Twenty-two African nations are against the creation of the project and have signed a petition to stop its construction.







Source: http://en.wikipedia.org/wiki/Tata_Group
Paul Knox
5   Posted 28/10/2011 at 05:01:30

Wouldn't it be lovely? All I want is a billionaire somewhere, lots of dosh for us to buy, wouldn't it be lovely. Maybe Bill & Robert will ask Uncle Phil if they can sell?
John Keating
6   Posted 28/10/2011 at 06:12:09

I did mention in a previous thread that I thought the "Fellaini even closer to signing" and rumours of takeovers would appear shortly, certainly prior to the Wolves game then as quickly fade.

I'd love Bill to be bought out but its like Groundhog Day.
Simon Smith
7   Posted 28/10/2011 at 07:28:11

To coin a phrase used before by an ex-Barcodes boss: "I'd luv it just luv it" if this was true.

If memory serves me correct, I think we were linked with this lot some time back. Not only do they make all sorts of stuff but I think they have their fingers in the steel trade as well.

India has got to be one of the biggest untapped markets for football... you only have to see how mad they are for cricket to know that, when they get an interest in something, god help you because you will be fighting them off by the millions! It's not without good reason that the Grand Prix roadshow has parked up in India this weekend!

There is a downside to the Indian money in that there has been a lot of behind-the-scenes betting and other underhand dealings, but hey ? if they bribe the ref to give us a pen this weekend against Man Ure, you will not hear me moan about it! Nudge, nudge; wink, wink!!
Doug Hastings
8   Posted 28/10/2011 at 08:27:14

Ra ta ta ta tat... just more unfounded romours that will never come true.

At the same time, I hope it's true and Moyes will finally get some money that he deserves to buy the players he needs.
Robert Johnson
9   Posted 28/10/2011 at 11:44:04

I went for a curry last night, and the guy who served me my popadoms said, and I quote:

"My uncle in Preston is best friends wiith the guy who owns a stall on the outskirts of Delhi selling wooden dolls to the tourists, and he is best friends with the driver who delivers the wood in his lorry. He spoke to another guy and was told that his best mates friends uncle knows the Tata Group's head cleaner, who, when sweeping up the directors floor in his office found a piece of paper with Everton written on it!"

So this could be the real deal. COYB
Stephen Kenny
10   Posted 28/10/2011 at 12:12:30

Paul if Phillip Green is putting a spanner in the works it will be because of money, not because he supports Spurs.
Jem Traynor
11   Posted 28/10/2011 at 12:34:22

While the rumours are rife once again, I have to say I don't expect this one to come true and just love reading some of the articles here as some of the responses are the funniest anywhere.

But, to be serious, we would obviously love to be taken over in a Billionairesque move and watch some big name players come to our ground shortly after moving to a new massive purposely built stadium... If only.
Phil Roberts
12   Posted 28/10/2011 at 13:22:28

Jem,

and the stadium at this end of Stanley Park - turning GP into a multistorey car park for match days - and leaving our lovable american backed neighbours so stew in their smelly ground for another 120 years.
Alan Rooney
13   Posted 28/10/2011 at 15:17:22

If it was Tata, as well as refinancing, it would mean some real commercial acumen being injected in to the club. Just look how quickly Tata turned around Jaguar after taking it off Ford's hands a few years ago. From making huge losses it has been reporting strong profits and is about to open an engine manufacturing facility. Also there is the Halewood link. Imagine how we could promote the link between Jaguar and Everton?
Steavey Buckley
14   Posted 28/10/2011 at 15:24:11

140 million to BK and the rest of the board + the debts + players + new ground + training ground? + what ever else, Blackburn Rovers at 50 million was a snip for another set of Indian gentlemen.
Nick Armitage
15   Posted 28/10/2011 at 15:34:34

This is even less likely than Felliani signing a new deal.
Michael Coville
16   Posted 28/10/2011 at 17:55:53

Sorry guys you have it all wrong. It's not the Tata group who are interested but the Tayto group from Ireland. A group of Irish who came from Bombay have evidently had a whip round and collected 86 punts. In deep discussion with Bill as we speak over a few jars. Watch this space.
Billy Fisher
17   Posted 28/10/2011 at 19:49:26

Sound like a bunch of dodgy money-grabbin bastards to me... next!
Thomas James
18   Posted 28/10/2011 at 21:06:19

I cannot see this happening, we get excited and then it comes to shit... same with transfer rumours.

Alan Rooney ? 13#. You are dead right about Tata and Jaguar. I really want to buy one of them new XJs.
Mick Gallagher
19   Posted 28/10/2011 at 21:51:35

What happened to the 3 interested parties who want to buy us earlier in the season? Any answers from BK's mates on here?
Al Reddish
20   Posted 29/10/2011 at 17:13:58

Hmmm maybe it is time to advertise the 'half season' season tickets with xmas around the corner.......or am I just being cynical?
Clive Lewis
21   Posted 29/10/2011 at 19:58:37

I have put in a bid....don't worry. I am waiting for a response. I have raised significant funds at the car boot sale and I have sold my rabbit.
James Morgan
22   Posted 29/10/2011 at 20:13:26

Would be great if this were true. I used to think I'd hate for us to be like City with their money, but looking at the quality they have and the trophies they are challenging for I doubt their fans are complaining. You need mega bucks now to get even close to the top 4. Can't be arsed watching us falling short every year, scraping the barrel for signings and just being a complete joke.

Would it not be great to see us buying world class talent? Imagine an Eden Hazard or Thomas Muller at Everton.

Let's dream on.
Stu Smith
23   Posted 30/10/2011 at 16:08:36

It's all very well people wanting Everton to be bought but, for me, I'd much rather have Bill running the club as it is, being sensible with money etc rather than be in the Redshite's position & Man Ure where their club has all the debt on them rather than the owner.


Yes Man U and Redshite are happier at the moment but if things go pear-shaped then who knows what could happen to them???

Nick Entwistle
24   Posted 30/10/2011 at 16:26:03

Christ on a bike Stu. Christ on a bike.
Trevor Powell
25   Posted 31/10/2011 at 07:59:00

Everton chairman Bill Kenwright has opened talks with wealthy Indian company the Jain Group about investing in the cash-strapped Merseyside club.
Full story: Daily Mirror



http://www.mirrorfootball.co.uk/news/Everton-chairman-Bill-Kenwright-could-have-found-money-answers-with-Indian-conglomerate-article824651.html

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