Latest Takeover Rumour. The Moores / Noell one

[vagant59]

It's a different matter entirely. Sports Direct are not a community, Everton are. Sports Direct's owners are not seen as stewards but owners; Everton's owners are seen as stewards as well as owners. Sports Direct have zero emotional pull; Everton has maximum emotional pull. Sports Direct sell a commodity; Everton sell a way of life.

Agree with you for once Dave. But the bottom line is we are all just paying customers nothing more, nothing less

 

[Foot Long Hot Dog]

You quote someone and his deputy pipes up.

You will find my position since 1999 has never waivered (btw its the same view Kenwright has when he spoke only 10 feet from me at the last AGM at GP) that he (and this board) arent capable of taking the club forward.

Deputy?

Your patronising tone has always been extremely counter productive, hence the reason your many failed attempts at mobilising the fanbase against the board are a matter of fact

You'll also find that since 2004 my view has always been the same btw, only unlike you I don't see the man as the devil incarnate.

Once he's gone there's going to be a massive void in your life lad.

 

[Tramps_mate]

It's a different matter entirely. Sports Direct are not a community, Everton are. Sports Direct's owners are not seen as stewards but owners; Everton's owners are seen as stewards as well as owners. Sports Direct have zero emotional pull; Everton has maximum emotional pull. Sports Direct sell a commodity; Everton sell a way of life.

It's still a privately owned business. Like sports direct is.

 

[Thuck ma Baws]

It's still a privately owned business. Like sports direct is.

Sports Direct is a Plc I think.

 

[Tramps_mate]

Sports Direct is a Plc I think.

I knew someone would say that.

 

[Woolly Blue]

I think that might have been his sign off Woolly and not necessarily aimed at the other poster.

Hasn't Finners just signed his post as ballbag himself?

Eer... You missed the point there mate, Finners was being self deprecating by calling himself a ballbag.

Gah, you're right
Soz Finners

@TheFinnFan - ban lifted

-chief ballbag

 

[TheFinnFan]

Gah, you're right.
Soz Finners

It's alright,

 

[Librarian]

Poor Finners, he'll never get that time back

 

[Woolly Blue]

Poor Finners, he'll never get that time back

Stay on topic please.

That isn't a pic of Noelle or Moores is it ?


xxx

 

[The Esk]

It's still a privately owned business. Like sports direct is.

Hi mate, Sports Direct is a publicly listed company and a constituent of the FTSE 100. As such the disclosure levels are very much higher for Sports Direct than Everton which is a private company. Mike Ashley currently owns 55% of Sports Direct.

 

[bizzaro]

Hi mate, Sports Direct is a publicly listed company and a constituent of the FTSE 100. As such the disclosure levels are very much higher for Sports Direct than Everton which is a private company. Mike Ashley currently owns 55% of Sports Direct.

I don't think Everton can be considered as having contracts with its employees that amounts to slavery either!

Everton Football Club Ltd. Only needs to inform the shareholders when it legally needs to. The public will find out what's going on later.

 

[Kiwi]

Gah, you're right
Soz Finners

@TheFinnFan - ban lifted

-chief ballbag

*shrugs*
Drunk kiwi is right as always

 

[tonka1878]

This is about as informative as the transfer thread.

 

[BoysInBlue]

This is about as informative as the transfer thread.

It's all speculation until anything is confirmed. Same as the transfer thread.

 

[bizzaro]

Considering how badly the club is run, we're still in the top 20 top clubs financially

That represents a huge investment potential

Parts of the company are badly run.

Control of costs and management of debt (under the circumstances) has been adequately run.

However this board have made no progress on the stadium (much needed capacity and facilities improvement) in 15 years.

Whereas: Manchester City. Arsenal. Spurs. West Ham. Liverpool. Have all in this time increased capacity to more than 10,000 more than Everton.

Even smaller clubs like Crystal Palace. and others are catching us in capacity terms.

There has been virtually no non inflationary related revenue increases from our stadium (eg ticket prices) in this time and this is also impacting our commercial revenues (sponsorships; merchandise; hospitality etc)

I was warning 6 months ago that failure on the stadium would soon make itself known in other areas due to our competitors progress. It's started (Byram).

We need action. High TV revenue dependence is a HIGH RISK to EFC. We need balance within the business. With this board we will not get that and like - an alcoholic with a bottle of TV revenue liquor - we will remain dependent on TV revenues which will not be game changing as everyone else gets this and the financial rules regulate what we can spend of them per season in wages!!!

See Bolton Wanderers right now. Also Aston Villa next season.


Responsible owners will see:
Biggest risk's to Everton:
- excessive TV money dependence
- failure to keep up with other clubs expanding stadia capacity
- sluggish commercial revenue growth
- low fixed asset values

Biggest opportunities at Everton:
+ significant TV money revenue streams
+ asset value growth opportunity through stadium (re)development; with related additional revenues resulting
+ clean brand image; club history
+ large fanbase
+ player staff quality: very high
+ low relative debt levels

The issues and resolutions are in plain sight to prospective responsible owners.

Responsible owners will invest in asset and revenue growth with modest external investment in the playing squad. The club's fan base would prefer we generate our revenues organically to fund SUSTAINABLE success. There is just a need for working capital.

@The Esk @davek