Everton "special" Talksport 9:00pm Monday 10th Aug 2015

[SerenityNigh]

The conversation was about offshore tax avoidance schemes and a those countries which have them, the club wasnt mentioned.

I think you're fishing without bait, mate

 

[MickA]

Dave ..one thing I can say with just about 100% certainty is that if BK is 'no longer around' then Jon Woods shares would be available for purchase at the drop of a hat. The difficulty if push comes to shove is always going to be the price that Earl wants for his shares. And he is a stubborn bugger...100% businessman and presumably pursuing 100% self interest . The difference with Bill K and Jon Woods is that if THEY thought the only way to 'save' Everton was to fall on their swords, they would have no hesitation in doing so. And even more so given that(like me !) they are both getting older and are susceptible to the physical ravages of age ! Of course, the opinion of a few on GOT, and BK and JW, as to when Everton might need 'saving' are miles apart.

Presumably THEY thought that the best way to 'save' Everton then was to invite him to buy into the Club? Doesn't bode well for who they may eventually sell to.

 

[The Esk]

@GrandOldTeam coud do some new mugs: "The ESK approves of this coffee"

Neskafe?

 

[Steve Wigan]

The more interesting question is who is involved in BCR Sports. We're told it's Earl but that cant be taken at face value. It's an investment vehicle and can withhold information about who exactly is involved. Given his connections and the suspicion of shadow directors pulling strings at EFC more of a song and dance should be made about this. Leeds' fans did exactly that and the politicians became involved and demanded clarification from LUFC and the Football League. I dont think it was ever forthcoming, but it lit a fire under the owners and the club has changed hands since.

You'll know that according to the This Is Money website, BCR is 'fronted by Earl'(their words) and we do know that Green brokered the sale of Greggs shares to BCR. I doubt whether there will be any evidence around connecting Green to BCR, though, will there?

 

[Steve Wigan]

Presumably THEY thought that the best way to 'save' Everton then was to invite him to buy into the Club? Doesn't bode well for who they may eventually sell to.

That would have been , presumably, pre the failure of DK, when Earl had bought into Bills dream of retail millions to be made around the stadium. Green may have suggested EArl buy Greggs shares, but Bill did already know Earl, and it is Bill to a greater extent than Green who was and still is adept at 'selling the dream'.

 

[D410]

None of that matters mate. If fresh money came in (from any source), most would forget old arguments.



I don't believe this for a moment. If, for instance, Mark Cuban were interested in buying the club he would see a club with great tradition (a huge asset), a dissatisfied support (an asset easy to turn in your favor), and a (relatively) small price (which promises profit for his equity). A smart buyer sees this as increasing the value of the deal because the sale price could be much lower than the actual value.

The problem is that owning a PL club is not a profitable venture, and so an owner will only be interested in ownership as a hobby. Even if someone like Cuban were to buy the club for £125m and pocket £5m profit annually, his return is only 4%. He can find much better margins elsewhere.

"De-valuing the brand" by alienating the support probably has limited implications both for support and ownership, as the supporters will return and it doesn't seem to affect the business model.

A poor effort...The current custodians themselves fully understand the implications and have taken measures to limit down the damage.

 

[The Equaliser]

Neskafe?

Gold Banned.

*gets coat

 

[MickA]

That would have been , presumably, pre the failure of DK, when Earl had bought into Bills dream of retail millions to be made around the stadium. Green may have suggested EArl buy Greggs shares, but Bill did already know Earl, and it is Bill to a greater extent than Green who was and still is adept at 'selling the dream'.

So Bill was selling a dream of millions to be made from retail space and Earl bought into said scheme. The same scheme that the BU said right at the outset was a complete waste of money and had no chance of succeeding?

Not looking good is it in terms of attracting the right sort of investor?

 

[davek]

Dave ..one thing I can say with just about 100% certainty is that if BK is 'no longer around' then Jon Woods shares would be available for purchase at the drop of a hat. The difficulty if push comes to shove is always going to be the price that Earl wants for his shares. And he is a stubborn bugger...100% businessman and presumably pursuing 100% self interest . The difference with Bill K and Jon Woods is that if THEY thought the only way to 'save' Everton was to fall on their swords, they would have no hesitation in doing so. And even more so given that(like me !) they are both getting older and are susceptible to the physical ravages of age ! Of course, the opinion of a few on GOT, and BK and JW, as to when Everton might need 'saving' are miles apart.

Well, given the fact that Earl only owns 23% of the stock and others not so profit driven hold the rest I cant see how the tail can wag the dog here with respect to selling up.

I think the truth though is that Kenwright would never go against the wishes of *ahem* 'a good friend of Everton Football Club' and sell up before a killing was made.

 

[Steve Wigan]

So Bill was selling a dream of millions to be made from retail space and Earl bought into said scheme. The same scheme that the BU said right at the outset was a complete waste of money and had no chance of succeeding?

Not looking good is it in terms of attracting the right sort of investor?

So Bill was selling a dream of millions to be made from retail space and Earl bought into said scheme. The same scheme that the BU said right at the outset was a complete waste of money and had no chance of succeeding?

Not looking good is it in terms of attracting the right sort of investor?

One of Bills main skills in business is that he can sell a dream...thats how he gets investment into his theatre and cinema ventures. I don't think theres much doubt that a retail park in Kirkby would be relatively successful...although I do remember the BU going on about the fact that DK was 'outside the city limits' Earl bought into the dream, and I suppose Green had an eye on the retail opportunities as well.Didn't Earl have some secret self serving conversations with the DK planning people when the project looked like it would fail. That might well have been the catalyst for him to 'go it alone' regarding the selling price of his shares. He probably sees an excessive return on his shares as compensation for losing out on the retail gold he believed was heading his way.

 

[Bluesnapper]

He has been trying, a word I am using loosely, to sell the dream, since 1999, that is Everton FC and failed spectacularly.

As for the others you would think that with their business knowledge that they would have known they couldnt build the amount of retail in a town of 50k.

Overwhelming failure from all of them.

 

[Steve Wigan]

He has been trying, a word I am using loosely, to sell the dream, since 1999, that is Everton FC and failed spectacularly.

As for the others you would think that with their business knowledge that they would have known they couldnt build the amount of retail in a town of 50k.

Overwhelming failure from all of them.

What has a population of 50k got to do with it? The idea of retail park is that people drive there...thats why they have car parks ! People come from further afield !

 

[turner]

With a multimedia fan-backed campaign with the esk as the brains and me as the face we could bring the whole goddamn system down.

 

[Bluesnapper]

What has a population of 50k got to do with it? The idea of retail park is that people drive there...thats why they have car parks ! People come from further afield !

The town of Kirkby cannot sustain that level of retail hence the inquiry, hence it getting the Governments knock back and hence the spectacular failure of the plans.

Even now the town cannot sustain what it had previous to Tescos intrusion.

 

[davek]

What has a population of 50k got to do with it? The idea of retail park is that people drive there...thats why they have car parks ! People come from further afield !

Steve, it drove a coach and horses through the regional plan. It would never have been ok'd at the time. They (Tesco/Knowsley/Everton) thought they could put a game changer for the area in front of the secretary of state and it'd be enthusiastically taken up and waved through. The reality was that it'd have wrecked a number of neighbouring communities and revive only the one it was seeking to develop.

It was an enormous waste of time and money from start to finish. The decision to get involved in it has left most Evertonians with a sense that they're run by idiots. It's basically Everton's Iraq War moment. In the same way Labour sickened a generation backing that, the Everton hierarchy will never recover from the Kirkby legacy.