my 2 cents.
i like kenwright the person and i like kenwright the blue.
i think kenwright the chairman has his heart in the right place but kenwright the chairman is also a bleeding idiot who hasnt got the minerals to run this club properly.
he has backed moyes , and saved us from johnson !!! i here you shout.
but i see it as this....
the start of moyes everton career was littered with cost cutting.he reduced the squad , he reduced the wage bill.we got wyness on board to improove revenue. we have also had more income from being more successful and by selling a lot of players , rooney in particular.
but even with all this cost cutting and the manager running the club on a tight budget, the board have still taken out loan after loan.
now if you cut costs and can still only run the club efficiently by taking out loans then this clearly gives you ready cash , but at a hell of a lot more cost.
ie 20 million will turn into 60 million to pay back.
now if you couldnt afford things without loans , then future money is even tighter becouse a bigger slice of your income is paying off previous loans , then surely it would mean you would constantly have to take loans out to be able to spend.
but at the same time , you wont get many more loans becouse the club would have borrowed a hell of a lot more than the assetts of the club are worth.
(actually i'm finding it really hard to get my point across.
)
paying for the present with future income is ok to a point , but kenwright has taken the piss .if all the future money is gobbled up then how do we finance the club in the future ?
i think kenwright has gambled with are future and the only way i can see it working is if we get as successfull as man utd.
my fear is that if we are not successful , what then ?
i tell you what then ....NO EVERTON FC WITHIN THE NEXT 25 SEASONS..