Club Statement

[davek]

Club Statement – News Archive – News – evertonfc.com – The Official Website of Everton Football Club

 

[Blue_in_london]

JJB gone soon?

 

[davek]

JJB gone soon?

Yes. From Elstone's webchat in February:

bloobhoy: "Robert - can you tell us what the position is on a city centre Everton store?"

RobertElstone: "We have recognised a gap in our city centre retailing but have been unable to plug that gap because of our relationship with JJB, who don't believe they could make a commercial return on city centre retail premises. We disagree with them and I'm please to say as part of a new arrangement, we are getting closer to fixing that problem. At this stage we can't guarantee it, but a) we know it is something we have to fix and b ) our new partners can see the value of Everton Football Club in a prominent city centre location"

 

[Goat]

I love Bill, he saved this club.

 

[davek]

I love Bill, he saved this club.

I wish he'd save Liverpool.

 

[Robin Sisland]

He couldn' save JJB.

Here comes the new partner, same as the old partner (albeit with a different name)?

CEO fired for gross misconduct?

Wonder if that included not putting an Everton store in the city centre?

 

[Evertongk]

what the hell is a CVA?? I am a yank so no clue

 

[AndreiK]

what the hell is a CVA?? I am a yank so no clue

Collateral Valuation Adjustment

A restructuring of Company debt to allow better credit and cashflow

 

[ChicagoToffee]

Like Chapter 11 federal bankruptcy protection - corporate reorganization.