Could a fans group lobby Barclay's?

[chaser]

Just a thought guys; how much did Bellfield sell for? Does it have planning permission? How many homes can be built there? Could kenwright have acted like a man and invested a million or two of Everton's own money into building the fuken houses?

 

[anton66]

Don't be a kopite, mate.

head of baclays is probably a kopite.

 

[Neiler]

Thats what I calculated. We've halved our current liabilities with all the above.

That's a major deal that. Major shoring up of the accounts.





But its not sustainable long term. Its like private equity fund takeover behaviour if that principle is adapted every several years we'll have a major "readjustment" which will damage our fan base longer term.

It works as a short term adjustment and frequently companies emerge stronger... but still...


All the while the same business model applies to Everton. The above assumes that there is a business model change.

Under Kenwright et al. this is not going to happen due to commercial negligence.



But I'm of the view this activity before the deadline, has all been about Kenwright et al.

Its all about THEIR finances. And not having really "invested" in the club's money making generators.


They're either shoring up and digging in.

Or they're trying to shore up for a sale.

I hope the latter!

Its cyclical mate, the club organicly cant afford or generate the funds needed to compeate at the higher end of the sporting market. If we get short term debt down (we cant pay of the pru deal without incurring penalites), it will just mean we have more ability to take on more debt after improving our credit limit - over time. Its like having a 2 grand credit card bill, paying half of it, then going out and sticking another grand on it. Thats what we will do. Its dead money - one line of credit to another.

TBF - this seems to be how most football clubs are operating at the mo, the gap is increasing between maybe six clubs and the rest - as we have seen since 2007, credit bubbles only last so long, the bang is coming.

 

[chaser]

Don't wish to sound defeatist, but even if every Evertonian who had a Barclays account boycotted the bank - I fear it would be a drop in the ocean for a company of their stature...
and yes the head of barclays is deffo a kopite.

That's why we need to increase the amont of evertonians who bank with Barclays; militancy is the way forward man.

 

[froggyted]

Any Evertonian who has a Barclays Bank account needs to change it to another bank. They have held our club to ransom for a relatively modest debt in PL terms. Evertonians togther can tell the bank what we think of them by switching our accounts and doing our business elsewhere.

But wouldn't it be better to threaten to withdraw accounts first, rather than just withdrawing? Once the deed is done there is no bargaining chip. People could still withdraw their accounts afterwards anyway; as i've said above i have no time for the big banks anyway.