The Everton Board Thread (Inc. Bill Kenwright / Blue Union)

[Ihaters]

Fk me its finally happened, this thread has turned into Kippers resident 'I hate Kenwright and you're all Kopites that don't matter if you don't agree with me because I am the best Everton fan in the world' thread (although I think it was called the takeover thread or something like that on there).

 

[Allezfan]

Please explain what you mean by 'a period of unbelievable riches'. Cheers.

Do you know how much an english football team earned in 1985 mate?

Compared to then yes the current period is one of unbelieveable riches. Everything involved, television fees, transfer fees, wages, ticket prices, sponsorship are tens or hundreds of times bigger.

 

[steken1]

Fk me its finally happened, this thread has turned into Kippers resident 'I hate Kenwright and you're all Kopites that don't matter if you don't agree with me because I am the best Everton fan in the world' thread (although I think it was called the takeover thread or something like that on there).

No it hasn't mate. not quite sure how you've come to that conclusion either based on the conversation I had with Davek and Changy just a few posts up.

 

[banno]

Fk me its finally happened, this thread has turned into Kippers resident 'I hate Kenwright and you're all Kopites that don't matter if you don't agree with me because I am the best Everton fan in the world' thread (although I think it was called the takeover thread or something like that on there).

Don't be so childish and pathetic

 

[Allezfan]

Do you know how much an english football team earned in 1985 mate?

Compared to then yes the current period is one of unbelieveable riches. Everything involved, television fees, transfer fees, wages, ticket prices, sponsorship are tens or hundreds of times bigger.

Of course that's rather the point. The costs have risen alongside the income

We're paying a wage bill that would be unimaginable twenty years ago and still being out spent by half the league. It's a little unfair to focus on the massive tv money and inflated ticket prices and ignore that.

 

[steken1]

Of course that's rather the point. The costs have risen alongside the income

We're paying a wage bill that would be unimaginable twenty years ago and still being out spent by half the league. It's a little unfair to focus on the massive tv money and inflated ticket prices and ignore that.

Very true. The only thing I would say is that money gives you options. How you spend it will ultimately decide how the business or businessman will be judged.

 

[LITLEJOE]

Fk me its finally happened, this thread has turned into Kippers resident 'I hate Kenwright and you're all Kopites that don't matter if you don't agree with me because I am the best Everton fan in the world' thread (although I think it was called the takeover thread or something like that on there).

ere we go.

 

[Allezfan]

Very true. The only thing I would say is that money gives you options. How you spend it will ultimately decide how the business or businessman will be judged.

And we spend all our income on the playing staff.

Our income isn't what it should be but Kenwright has made the decision to put it into the players at least. If that means our infrastructure suffers it's a shame but the problem isn't how the money is being spent so much as how much money there is, imo.

 

[LITLEJOE]

And we spend all our income on the playing staff.

Our income isn't what it should be but Kenwright has made the decision to put it into the players at least. If that means our infrastructure suffers it's a shame but the problem isn't how the money is being spent so much as how much money there is, imo.

i9f we were run propley that wouldnt be the problem, the problem in kenwrights mis management

 

[steken1]

And we spend all our income on the playing staff.

Our income isn't what it should be but Kenwright has made the decision to put it into the players at least. If that means our infrastructure suffers it's a shame but the problem isn't how the money is being spent so much as how much money there is, imo.

Absolutely. I wouldn't argue we, purely as a club, haven't invested what we can in the playing staff. But considering we've asset stripped ourselves and ran at a loss for long periods how long can we continue down that path?

The assets are on the field at present. In some ways that's desirable. But, when do we decide to grow off the pitch? If we only ever grow our revenues through TV deals theres no way to ever overtake any other club bar a few televised games.

I'm not insinuating that diverting money to other areas is an easy decision but it's a necessary one at some point.

 

[Foot Long Hot Dog]

Absolutely. I wouldn't argue we, purely as a club, haven't invested what we can in the playing staff. But considering we've asset stripped ourselves and ran at a loss for long periods how long can we continue down that path?

The assets are on the field at present. In some ways that's desirable. But, when do we decide to grow off the pitch? If we only ever grow our revenues through TV deals theres no way to ever overtake any other club bar a few televised games.

I'm not insinuating that diverting money to other areas is an easy decision but it's a necessary one at some point.

Aside from the £8M from Bellefield what are these assets that have been 'stripped'?

 

[Allezfan]

Exactly, that's the Kenwright situation in a nutshell.

We don't make enough off the pitch so we can't invest enough on the pitch. We're already investing more of our income then is wise into the playing staff and we're still being outspent by more of the league then we're not.

It's really hard to be a success under those conditions.

And given the board have admitted this pubically and spent the last ten years statiing that finding more money is their number one priority then their failure to do so is unexcusable.

However our relative success on the pitch (by which I mean european football and not getting relegated (I am by no means saying that's good enough, it isn't)) is partly down to them hiring and sticking by good staff and partly down to them investing all or most of our income into those staff even when that meant we had to go into debt to do so. That's all Ihaters has said in their defence and he's right to do so.

 

[steken1]

Exactly, that's the Kenwright situation in a nutshell.

We don't make enough off the pitch so we can't invest enough on the pitch. We're already investing more of our income then is wise into the playing staff and we're still being outspent by more of the league then we're not.

It's really hard to be a success under those conditions.

And given the board have admitted this pubically and spent the last ten years statiing that finding more money is their number one priority then their failure to do so is unexcusable.

However our relative success on the pitch (by which I mean european football and not getting relegated (I am by no means saying that's good enough, it isn't)) is partly down to them hiring and sticking by good staff and partly down to them investing all or most of our income into those staff even when that meant we had to go into debt to do so. That's all Ihaters has said in their defence and he's right to do so.

He is. Only the myopic would disgaree.

In defence of everyone at the club I could only reasonably expect us to have won one or two cups over the Moyes era based on what has gone on elsewhere. If he had those successes they would be Kenwrights too as plenty would have jumped the gun when we came 17th.

But this business will ask for hard decisions to be made at some point. Deciding when that point is will be crucial. We may be able to bring catering and retail in house and boost profits soon. That would require recruiting and paying specialists. Speculate to accumulate.

Same for kit deals and manufacture. If we're being fleeced which we are we may need to hire in experts to fight our corner. Again there's a cost.

 

[steken1]

Aside from the £8M from Bellefield what are these assets that have been 'stripped'?

Come on mate, You're not so ill-informed you need me to answer that for you. BTW, why would you exclude Bellefield?

Edit - I'll answer. Massive mortgages on goodison, Netherton, Pockets of land around GP, Finch Farm.

And in a non traditional sense the income streams relating to merchandising and catering.

 

[griffla]

Aside from the £8M from Bellefield what are these assets that have been 'stripped'?

I believe he sold off the training ground as you mention, then didn't he sell the land for finch farm to some company for something like £2m, they then built finch farm and the land got valued at £10m. We then leased it off the people we sold it to for around £1.25m a year, on a 50 year lease.
We also have a 25 year loan for £30m, for which we have to repay £68m. Oh yeah we also sold the megastore, and yeah I'll say it, Rooney.
God I knew there was a reason why I dont click this thread.

edit> Steken beat me to it