Robert Jarvis
Player Valuation: £35m
Very intersting article on Toffeeweb by Roger Davis. I particularly note that at the end Green was asked at a private function about Everton. His rsponse was that "It was being run like a circus."
Here is the article:-
Fan Articles
The Truth About Lescott, Kirkby, and Kenwright
By Roger Davis : 20/08/2009 :
Comments (47)
Despite the latest transfer pantomime, which Evertonians have unfortunately become accustomed to, surely there can’t be too many left who will be genuinely surprised when we sell Lescott; even less will believe the most likely line that will be taken which runs something like “Once we knew the player wanted to leave, our main priority was to get the club the best value possible.”
Lescott has to be sold. For one, the explanation has been on the KEIOC website for weeks... and for another, it’s apparent to every man and his dog that the cumulative effect of years of under investment has resulted in a position where we now have more debt than assets; in a nutshell, Everton are officially insolvent and are in desperate need of funds.
To get to the truth, you need to dismiss Bill Kenwright’s sugar-coated smokescreen anecdotes that bring a tear to a glass eye. Stories like how he brought Moyes to the club and stood by him are as much bollocks as his tale about standing next to Eddie Cavanagh in the ’66 Cup Final. Of course there will always be the same apologists ready to spring to Kenwright’s defence but let's be honest — the game's up; it’s now no longer just simply embarrassing… enough is enough.
The ambition of Bill Kenwright can be summed up by the fact that his choice for the manager's job after Walter Smith was NOT David Moyes — it was between Gary Megson and Dave Jones. A few years later, he was ready to sack David Moyes; they had his replacement lined up... but at the final hour, their man reneged on the deal and went to Aston Villa; yes, it was Martin O’Neill. Not the fairy tale version of events concerning standing by their man — just the plain simple truth.
There are a few more unpalatable truths Evertonians will have to accept. Maybe we could just about understand the desperation surrounding the Kings Dock "ring-fenced" money claim and the NTL charade; but the appalling Samuelson affair was, at best, a masquerade... and the “Tesco are contributing £50 million towards the stadium cost” travesty was nothing short of disgraceful; an all time low, all perpetrated under the chairmanship of Bill Kenwright.
The indisputable truth is simple… we were lied to: there is no £50 million; there never was. It’s now clear the Kenwright stadium is an £80 million budget special; like the squad, cheap and cheerful, leaving us unable to compete with the big boys. This is Kenwright’s legacy to Evertonians; his legacy from Everton is another matter…
Another unpalatable truth is that no stadium in Kirkby or a redevelopment will now finance the success our club and our fans deserve. We need at least five years of sustained achievement to attract fans and sponsors to develop the commercial revenues to levels that will make a difference — and even that is no longer enough. With the disparity between the Big Four and the remainder of the EPL increasing season after season, and teams like City, Spurs and others making tangible investments in their squads and infrastructure, Everton are gradually and unquestionably being left behind.
Exactly where did Bill Kenwright get the money from to purchase his Everton shares? Does it matter? Well, yes it does, if it effects the running of the club it certainly does. He’s admitted he’s not a rich man, but he managed to raise over £8 million to buy his shares. Did he borrow this from a bank? He doesn’t claim the annual interest payment of £400,000+ through the business so was it more of a private arrangement?
Was it an arrangement like that used to obtain those shares that now reside with the mysterious BVI registered BCR Sports? Shares that were paid for by Sir Philip Green; the man Keith Wyness bitterly complained was interfering with club policy and about whom he was about to issue a statement only for Green and Earl to chase across the Med and allegedly offer him 150,000 reasons to say nothing… and he didn’t.
Bill Kenwright has told shareholders that Philip Green has nothing to do with the club; he’s just a friend — a good friend of his... and therefore a good friend of ours; what a lot of people would like to know is how much of the £22 million used to buy the majority of the club's shares through True Blue Holdings came from the substantial pocket of Mr Green? Have we all been a little colour blind, was it True Green Holdings all along? Is this the reason why Bill Kenwright appears impotent when it comes to taking major decisions, attracting investment and selling the club?
Without a billionaire investor, the very real danger is that, in years to come, when a two division Premier League or even a European super league is established, Everton will be consigned forever to being just another club perennially making up the numbers; another Sunderland, Wigan or Bolton.
Some argue that we already are that type of club, but our stock and saleability is at its highest right now and we can still change our fortunes both on and off the field; we’re firmly established as the fifth-best team in the EPL, we consistently qualify for European football, we’re managed by a three times Manager of the Season, and we have at the helm a man who would appear to bleed blue, so don’t you find it strange that we haven’t attracted a single bid?
At the beginning of last season, anyone seriously looking at buying a Premier League club had plenty to choose from; Newcastle, Liverpool, Manchester City and Everton amongst others.
When ADUG cast an eye over the Premier League they, and others, must have looked at what was on offer. Newcastle, as ever, were in a death spiral once again, going nowhere. Super club Liverpool were on the market but — with debt, owners profit, stadium costs and new player acquisitions — the investment would be a hefty £1 billion. Manchester City’s owner Shinawatra was in need to realise some assets but the club has no pedigree, an unproven manager and no stadium of their own.
Then there was Everton.
Just behind the Big Four, good manager, new stadium planned, illustrious history, based in the capital of football… do I need to go on? The choice was obvious… and they chose City!!!! They paid £200 million for it and have so far spent another £200 million on players, more if wages are included. Next they’ll have to tackle their stadium issues.
The other week, our Chairman refused to answer a shareholder when he asked how much the club was up for sale for; in fact it was worse than that — he told the shareholder, in public, that he was bored by his question and wasn’t going to answer him.
On Saturday, after the game, I saw some of the KEIOC guys; I asked them how much they thought someone would need to spend. I was told £500 million… £120m for the club, £250m for a stadium and £150m for player acquisitions and lowering the level of debt. It all sounds like telephone numbers to me but they said this is what the Premier League has become, this is the sort of money someone would need. Actually, it’s the deal of the century to get Everton competitive once again and the owners would have an excellent chance of returning a handsome profit in the future when it was sold on.
It comes to something when a group of rag-arsed Evertonians can answer a question that our Chairman can’t. Once again, the apologists will start explaining such things away with inane rhetoric such as “it’s common business practice not to…” …blah, blah. Thank god some Evertonians are taking this Board to task, no matter how hard they try to avoid answering questions.
A few weeks ago at a private function in London, Philip Green was asked about Everton; his reply was that it was being run like a circus. We know that; it’s just we’d like to know who the ringmaster is!
Here is the article:-
Fan Articles
The Truth About Lescott, Kirkby, and Kenwright
By Roger Davis : 20/08/2009 :
Despite the latest transfer pantomime, which Evertonians have unfortunately become accustomed to, surely there can’t be too many left who will be genuinely surprised when we sell Lescott; even less will believe the most likely line that will be taken which runs something like “Once we knew the player wanted to leave, our main priority was to get the club the best value possible.”
Lescott has to be sold. For one, the explanation has been on the KEIOC website for weeks... and for another, it’s apparent to every man and his dog that the cumulative effect of years of under investment has resulted in a position where we now have more debt than assets; in a nutshell, Everton are officially insolvent and are in desperate need of funds.
To get to the truth, you need to dismiss Bill Kenwright’s sugar-coated smokescreen anecdotes that bring a tear to a glass eye. Stories like how he brought Moyes to the club and stood by him are as much bollocks as his tale about standing next to Eddie Cavanagh in the ’66 Cup Final. Of course there will always be the same apologists ready to spring to Kenwright’s defence but let's be honest — the game's up; it’s now no longer just simply embarrassing… enough is enough.
The ambition of Bill Kenwright can be summed up by the fact that his choice for the manager's job after Walter Smith was NOT David Moyes — it was between Gary Megson and Dave Jones. A few years later, he was ready to sack David Moyes; they had his replacement lined up... but at the final hour, their man reneged on the deal and went to Aston Villa; yes, it was Martin O’Neill. Not the fairy tale version of events concerning standing by their man — just the plain simple truth.
There are a few more unpalatable truths Evertonians will have to accept. Maybe we could just about understand the desperation surrounding the Kings Dock "ring-fenced" money claim and the NTL charade; but the appalling Samuelson affair was, at best, a masquerade... and the “Tesco are contributing £50 million towards the stadium cost” travesty was nothing short of disgraceful; an all time low, all perpetrated under the chairmanship of Bill Kenwright.
The indisputable truth is simple… we were lied to: there is no £50 million; there never was. It’s now clear the Kenwright stadium is an £80 million budget special; like the squad, cheap and cheerful, leaving us unable to compete with the big boys. This is Kenwright’s legacy to Evertonians; his legacy from Everton is another matter…
Another unpalatable truth is that no stadium in Kirkby or a redevelopment will now finance the success our club and our fans deserve. We need at least five years of sustained achievement to attract fans and sponsors to develop the commercial revenues to levels that will make a difference — and even that is no longer enough. With the disparity between the Big Four and the remainder of the EPL increasing season after season, and teams like City, Spurs and others making tangible investments in their squads and infrastructure, Everton are gradually and unquestionably being left behind.
Exactly where did Bill Kenwright get the money from to purchase his Everton shares? Does it matter? Well, yes it does, if it effects the running of the club it certainly does. He’s admitted he’s not a rich man, but he managed to raise over £8 million to buy his shares. Did he borrow this from a bank? He doesn’t claim the annual interest payment of £400,000+ through the business so was it more of a private arrangement?
Was it an arrangement like that used to obtain those shares that now reside with the mysterious BVI registered BCR Sports? Shares that were paid for by Sir Philip Green; the man Keith Wyness bitterly complained was interfering with club policy and about whom he was about to issue a statement only for Green and Earl to chase across the Med and allegedly offer him 150,000 reasons to say nothing… and he didn’t.
Bill Kenwright has told shareholders that Philip Green has nothing to do with the club; he’s just a friend — a good friend of his... and therefore a good friend of ours; what a lot of people would like to know is how much of the £22 million used to buy the majority of the club's shares through True Blue Holdings came from the substantial pocket of Mr Green? Have we all been a little colour blind, was it True Green Holdings all along? Is this the reason why Bill Kenwright appears impotent when it comes to taking major decisions, attracting investment and selling the club?
Without a billionaire investor, the very real danger is that, in years to come, when a two division Premier League or even a European super league is established, Everton will be consigned forever to being just another club perennially making up the numbers; another Sunderland, Wigan or Bolton.
Some argue that we already are that type of club, but our stock and saleability is at its highest right now and we can still change our fortunes both on and off the field; we’re firmly established as the fifth-best team in the EPL, we consistently qualify for European football, we’re managed by a three times Manager of the Season, and we have at the helm a man who would appear to bleed blue, so don’t you find it strange that we haven’t attracted a single bid?
At the beginning of last season, anyone seriously looking at buying a Premier League club had plenty to choose from; Newcastle, Liverpool, Manchester City and Everton amongst others.
When ADUG cast an eye over the Premier League they, and others, must have looked at what was on offer. Newcastle, as ever, were in a death spiral once again, going nowhere. Super club Liverpool were on the market but — with debt, owners profit, stadium costs and new player acquisitions — the investment would be a hefty £1 billion. Manchester City’s owner Shinawatra was in need to realise some assets but the club has no pedigree, an unproven manager and no stadium of their own.
Then there was Everton.
Just behind the Big Four, good manager, new stadium planned, illustrious history, based in the capital of football… do I need to go on? The choice was obvious… and they chose City!!!! They paid £200 million for it and have so far spent another £200 million on players, more if wages are included. Next they’ll have to tackle their stadium issues.
The other week, our Chairman refused to answer a shareholder when he asked how much the club was up for sale for; in fact it was worse than that — he told the shareholder, in public, that he was bored by his question and wasn’t going to answer him.
On Saturday, after the game, I saw some of the KEIOC guys; I asked them how much they thought someone would need to spend. I was told £500 million… £120m for the club, £250m for a stadium and £150m for player acquisitions and lowering the level of debt. It all sounds like telephone numbers to me but they said this is what the Premier League has become, this is the sort of money someone would need. Actually, it’s the deal of the century to get Everton competitive once again and the owners would have an excellent chance of returning a handsome profit in the future when it was sold on.
It comes to something when a group of rag-arsed Evertonians can answer a question that our Chairman can’t. Once again, the apologists will start explaining such things away with inane rhetoric such as “it’s common business practice not to…” …blah, blah. Thank god some Evertonians are taking this Board to task, no matter how hard they try to avoid answering questions.
A few weeks ago at a private function in London, Philip Green was asked about Everton; his reply was that it was being run like a circus. We know that; it’s just we’d like to know who the ringmaster is!
