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Article here suggesting that with supposed quotes from SportPesa's CEO...

http://www.nation.co.ke/sports/football/How-rich-is-SportPesa-Everton-deal/1102-3930048-khs6hxz/

Important bit:

"The specific amounts involved in the Everton deal have not been officially released, but English publications and journalists abroad reckon that the deal could be worth up to Sh6.3 billion (£48 million).

SportPesa chief executive officer Ronald Karauri, however, rejects this figure, and he told Nation Sport that the exact amount is “approximately Sh500 million per year”, which translates to a total of Sh2.5 billion..."


Worrying if true but surely it is a mistake. How would we accept less per year than our current Chang deal when sponsorships are going up in general? Just makes no sense.


Elstones just seen billion in the contract and wet himself hasn't he
 
Article here suggesting that with supposed quotes from SportPesa's CEO...

http://www.nation.co.ke/sports/football/How-rich-is-SportPesa-Everton-deal/1102-3930048-khs6hxz/

Important bit:

"The specific amounts involved in the Everton deal have not been officially released, but English publications and journalists abroad reckon that the deal could be worth up to Sh6.3 billion (£48 million).

SportPesa chief executive officer Ronald Karauri, however, rejects this figure, and he told Nation Sport that the exact amount is “approximately Sh500 million per year”, which translates to a total of Sh2.5 billion..."


Worrying if true but surely it is a mistake. How would we accept less per year than our current Chang deal when sponsorships are going up in general? Just makes no sense.
Oh brilliant. Even if we take the middle point to be the truth that is an appalling shirt sponsorship deal.

#everythingwillchange
#nothingwillbethesame
 
When I see some of the latest comments on here I get a vision of OUR club being run by retards similar to the film Idiocracy.

Surely a multi million pound company would have some business knowledge, but hey let's not spoil another reason to beat up OUR clubs hierarchy, staff and players.
 
Greetings Mr. Elstone,

I am Dr. Bakare Tunde, the cousin of Kenyan Astronaut, Air Force Major Abacha Tunde. We have £48,000,000 sitting in escrow...

images-17.webp


Elstone: oh George you chamer, you had me at madame. (Giggles like a schoolgirl and blushes)
 
Sh500,000,000 equates to £3.7m per year.

If this is true then we have taken a loss when signing a new sponsorship contract. Even the most incompetent person wouldn't do this. My concern now, after 2 days of a new partnership, this is growing concern as to what the actual figure is. If only there was local newspaper that could investigate and provide answers
 
Interesting...

http://members.boardhost.com/peoplesforum/msg/1494960855.html


  • Posted by neilw
    invisible.gif
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    on May 16, 2017, 7:54 pm
    82.43.151.120

    Kenyan press suggesting that far from £48m over 5 years suggested in the U.K. Press the deal is nearer £18m over 5 which would be below the Chang figure and in no way compatible with Elstone's claims. Something may be lost in the translation but I do think our press should be pressing Suntan for details.
It doesn't make sense, though, does it. I mean, why would the board make that choice? Why would Moshiri
let it happen?
 
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