The Everton Board Thread 2014/15

marty mcfly · July 13, 2015

joey_macmo said:
Kenwright joined this board in 89, he has presided over the end of our most successful era in history and the entirety of our least successful era

He's only been CEO since 2004. You don't have any real power simply being a director.

marty mcfly · July 13, 2015

Chang Elephant said:
Jesus wept, no wonder these Nigerian scam artists keep going, you really think this board will finance a ground ?

No I think the new TV money will finance the ground. How many times does this need to be said before I stop being asked the same question.

marty mcfly · July 13, 2015

Bluesnapper said:
Before planning they will need to announce if they intend to take up LCCs offer and that was said to be this pre-season.

So why don't you campaign to ask them that question and then report that?

Surely it would aid the cause to get a definitive no WHP isn't happening.

btw - Where was it said so I can read it myself?

Moomin · July 13, 2015

Adversus said:
No I think the new TV money will finance the ground. How many times does this need to be said before I stop being asked the same question.

Slight issue with that, we loan against the future TV money with Vibrac.

Plus, as always when we have these record breaking TV deals players wages go up and up.

We live hand to mouth at Everton, we could not even afford to build ourselves a training ground.

Nothing will happen, new stadium or redevelopment of Goodison.

riddick · July 13, 2015

Instead of going after the whole board, which i think is practically impossible, the BU should make it their point to get Elstone out. Thats it. No 'WHERES THE ARTETA MONEY, BILL??' or anything else. Just focus on getting Elstone out. Our commercial windfall is so pathetic that getting someone in who knows how to increase that would make way more sense than getting the entire board out which, lets be honest, is a risk.

The Esk · July 13, 2015

Adversus said:
No I think the new TV money will finance the ground. How many times does this need to be said before I stop being asked the same question.

It is inconceivable how even a low cost ground redevelopment can be paid for from debt even as broadcasting revenues increase. The cost of repaying and servicing the debt is similar to the likely revenues earned. Secondly piling on debt would remove any flexibilty in the short term for financing transfers. We would be limited to selling to buy, or at best restricted to funding purchases from operating profits.

Everton's biggest problem is its balance sheet. It desperately needs recapitalising either from existing shareholders, dilution from a totally new investor or complete sale.

Nothing can happen until one of the three events occur.

sageyefc · July 13, 2015

riddick said:
Instead of going after the whole board, which i think is practically impossible, the BU should make it their point to get Elstone out. Thats it. No 'WHERES THE ARTETA MONEY, BILL??' or anything else. Just focus on getting Elstone out. Our commercial windfall is so pathetic that getting someone in who knows how to increase that would make way more sense than getting the entire board out which, lets be honest, is a risk.

TBH i think thats what they're starting to realize and changing tactic to go after him instead

Visitor22 · July 13, 2015

Chang Elephant said:
Theatre ponces in not impressed with Kenwright shocker

http://www.broadwayworld.com/board/readmessage.php?thread=986581&id=3722783&boardid=3

So basically he's a Thatcherite [Poor language removed] masquerading as a good old working class boy when it suits him

Chang Elephant · July 13, 2015

Visitor22 said:
So basically he's a Thatcherite [Poor language removed] masquerading as a good old working class boy when it suits him

So it would seem, I'm shocked by these revelations though as he actually remortaged his house to save our club

The Esk · July 13, 2015

The stadium and our commercial performance are secondary to our real problem - lack of capital.

Without a capital injection we cannot move forward in absolute or relative (to our peers) terms.

roydo · July 13, 2015

the esk said:
Without a capital injection

I thought that had been sorted, a while back. Remember the PM frenzy? Obv not true, or gone wrong. Or hopefully, just gone quiet. Not sure which one is most likely.

Well I do, just hope I am wrong.

The Esk · July 13, 2015

roydo said:
I thought that had been sorted, a while back. Remember the PM frenzy? Obv not true, or gone wrong. Or hopefully, just gone quiet. Not sure which one is most likely.

Well I do, just hope I am wrong.

?

roydo · July 13, 2015

Quite. I think.

Bluesnapper · July 13, 2015

roydo said:
I thought that had been sorted, a while back. Remember the PM frenzy? Obv not true, or gone wrong. Or hopefully, just gone quiet. Not sure which one is most likely.

Well I do, just hope I am wrong.