Investment

[Cairns_Toffee]

Alot has been said on the subject but being across the pond there is a few things I don't understand. If the likes of Blackburn and Citeh can attract billionaires I don't understand as to why our club can't? I mean we have a huge history and we have been challenging the top 6 in recent years.

Is there something I'm not understanding? I know the new stadium is an issue but I don't get what makes Blackburn a better investment then us. My opinion as to why Citeh have got the money now is because they are in Manchester....which is well know place for United. Anyone care to enlighten me?

 

[TX Bill]

Cue "Kenwright really doesn't want to sell..." posters in 5...4...3...2...

 

[teppic]

It is a mystery.

After the cup final in '09 we should have been very attractive to buyers.

The club is slowly in decline after that zenith and it is all to do with finances.

Quite how Blackburn was more attractive than Everton is anyones guess.

I have thought Bill was the right man for years, but I can only see a future where we head slowly but steadily backwards from where we are now with him in control. We never, ever have any money to spend. It's a joke. We are right back to the days of Peter Johnson where we had to sell before we could buy.

Whether or not Bill wants to sell is unclear, with the club's support pretty much split on that opinion.

The fact is that if he does want to sell he is a piss poor salesman.

 

[Cena]

Cue "Kenwright really doesn't want to sell..." posters in 5...4...3...2...

How do you expect people to answer the question the OP is asking without using this though?

Anyway we have people on our board who are Billionaires and won't invest a penny of their money into Everton, why on earth would any outsider invest in us if our own board won't?

We haven't got a brand spanking new stadium with corporate facilities, City does.

To people who will say they are fed up with Kenwright/wrong posts that are dominating at the minute, ask yourself why they are? More and more are becoming aware of our ridiculous financial state and are very worried!

 

[Cairns_Toffee]

How do you expect people to answer the question the OP is asking without using this though?

Anyway we have people on our board who are Billionaires and won't invest a penny of their money into Everton, why on earth would any outsider invest in us if our own board won't?

We haven't got a brand spanking new stadium with corporate facilities, City does.

To people who will say they are fed up with Kenwright/wrong posts that are dominating at the minute, ask yourself why they are? More and more are becoming aware of our ridiculous financial state and are very worried!

You raise a great point in regards to the board? Aren't these guys supposed to be in for what is best for Everton and yet not one of them has invested anything into the club. Surely our decline recently is enough to show them you can't survive forever in this league without spending. This is just my opinion and I'm sure others will disagree, it just seems strange to me that we can continue to spend **** all year after year (excluding fellaini) and expect to stay in contention of a top six.

I mean why are any of these people even on the board if they don't have the clubs best interest at hand. If I ever win the lottery the first I would do would be to contact Bill asap.

Ah well....carry on I guess.

 

[BiggyRat]

Must be a tax write off.

Most millionaire/billionaires "invest" for some benefit. Considering that letting the Stadium run down & our stocks to drop in the PL pecking order would mean a drop in their investment "return", you do have to wonder what they are getting out of this investment...

 

[Bruce Wayne]

Free tickets to Legally Blond.

 

[stipsy_melbourne]

Blackburn was sold for 30 mil I believe. Got no doubt kenwright/green are looking for close to 200m. Ain't going to happen especially considering we don't have a new stadium.

 

[Elong]

We are not for sale.



There Bill, I said it

 

[Ezekiel]

it's the inverstment v takeover debate. are we for sale?

 

[Elong]

Awaits davek vs Matt Damon showdown round 817, grabs popcorn.

 

[Muggins]

Awaits davek vs Matt Damon showdown round 817, grabs popcorn.

Pretty much mate.

 

[Alio]

Muggins is sending me subliminal messages on the Investment front....he's twisting my melon man

 

[Neiler]

Many reasons infact short outline:

Stadium, Facilites,

Complacated shareholding - we have a number of signiicant shareholders buying out one doesnt necessarily give you a controlling stake - this is not the case at the vast majority of other clubs. In fact despite the Bill bashing its perfectly possible someone could buy a controlling stake in Everton without buying Bills shares.

Price in comparison to the likes of Brum and Blackburn,

Running pretty much at full tilt in terms of growth and development, turnover profit, without signifcant investment in infrastructure,

Being within a mile of one of the most well known, successfull and recogniseable sport franchises in the sector.

 

[FinchFarmBlue]

it's the inverstment v takeover debate. are we for sale?

Good point

Must be a tax write off.

Most millionaire/billionaires "invest" for some benefit. Considering that letting the Stadium run down & our stocks to drop in the PL pecking order would mean a drop in their investment "return", you do have to wonder what they are getting out of this investment...

Bill we can partly understand not wanting a return initially ( he may very well do now on resale of his %,) but the others I agree- Earl's (Green???) investment might clearly have been a cheaper investment than the paper entry due to the source of funds from a tax haven anyway. In all honesty BK probably got the worst deal mortgaging his property in the 1st place as he would be paying top whack interest at the time too on the 'loan'- Makes you wonder when Spurs have similar stakeholders with their origins in overseas tax havens why they seem to actively make a return on their 'investments' - commercial knowhow goes a long way really.

Blackburn was sold for 30 mil I believe. Got no doubt kenwright/green are looking for close to 200m. Ain't going to happen especially considering we don't have a new stadium.

Apart from the many emotional & selfish reasons why we are not moving forward this may be a major stumbling block- possible overvalued shares on the part of the main shareholders and such that if using that 200m figure-forgetting stadium & player investment- any buyer would need to stump up a further 20% or more to clear our longterm debt - compared to Blackburn who had a 3m or so debt to the Trustees at the time of takeover- smaller turnover yes but the new owners can take money out of the club a whole lot quicker because of the lower overheads whilst stil providing a modest budget for transfers.