Takeover bid by Peter Kenyon

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Peter Kenyon always wanted to 'paint the world blue' and has credentials to revive Everton​

Powerful executive’s contacts and experience offer hope of a brighter future for stricken club who have lost their way
14 June 2022 • 8:25am

If the consortium that the former Chelsea and Manchester United chief executive is fronting manages to buy another club who play in blue, one suspects his ambitions for Everton may need to be rather more circumspect.It was back in 2005, shortly after clinching their first top-flight title for half a century, that Peter Kenyon talked about how Chelsea wanted to “paint the world blue”.

But there is little doubt that Merseyside’s downtrodden neighbour need some fresh thinking and some of Kenyon’s recent rhetoric will chime with Everton fans desperate to see an end to the dysfunction and reckless spending that took them so close to relegation last season.

In an interview with Telegraph Sport just under two years ago, Kenyon explained how he told all prospective owners of clubs that, while it undoubtedly costs money to create good sides, that alone is no guarantee of success.

“It goes way beyond a coach or a footballer,” he said. “It’s about a culture that is created.”
Everton, devoid of a vision or plan under Farhad Moshiri and undermined by constant managerial upheaval, have been as good an example as any of how not to run a football club.

Kenyon has close ties with Jorge Mendes, probably the world’s most powerful agent, a relationship that dates back to 2003 when they first met over the deal that brought Cristiano Ronaldo to Old Trafford.Kenyon, of course, will know that. It is almost two decades since he left United for Stamford Bridge in what remains arguably the most eye-catching executive switch the Premier League has witnessed, and 13 years since he parted company with Chelsea. Nonetheless, he remains a familiar face to many, his influence in football circles has never waned and his opinions and expertise are still sought after – his company, Opto Advisers, has been involved with the takeovers at Paris St-Germain and Wolverhampton Wanderers and he has worked with clubs from Middlesbrough to Atlético Madrid. Had things worked out differently, he might have ended up running Newcastle United.

Born in Stalybridge, a small town in Tameside, Greater Manchester, Kenyon made his name as chief executive of Umbro, the sports manufacturer, before leaving to become deputy chief executive of United in 1997, where he helped to elevate the club commercially, through ground-breaking deals with Vodafone and Nike, and raised United’s profile in Asia.
Roman Abramovich recognised Kenyon’s talents and one of his first major moves as Chelsea owner was to entice him to west London.
Given his background, it would be easy to fit Kenyon into a certain stereotype, but he has always been a fervent opponent of a European Super League and holds an unwavering belief in the Premier League’s collective model, where wealth is shared. He also opposes Uefa’s financial fair play regulations.
When he first joined Chelsea, Kenyon said they “had some good players, some big players … but it was a disparate band and there was nothing bringing it together.” There are obvious parallels at Everton, where manager Frank Lampard faces a huge rebuilding job.

Takeovers can often spell bad news for incumbent managers but, if Kenyon’s group were to be successful, Lampard may have less to fear than most. He knows Kenyon well from their time at Chelsea. Kenyon also publicly championed Lampard’s credentials when he was manager at Stamford Bridge. Time will tell if that reunion materialises.
 
Hard to know what to think with this. Timing is strange also, after last week’s communication from Moshiri saying he was “committed to securing the future success of the Club by delivering a fully funded stadium”.

It’s hard to see how anyone can make money off us, after buying the club, paying off the debt and funding the remaining 2/3s of the new stadium, if Mosh was to sell now.

Would guess it’s all down to Mosh having plans of USM funding, sponsorship, naming rights all lined up, and the rug has well and truly been pulled on those lines of revenue, and it’s left him holding the (very expensive) can, so he sees it as ‘cut your losses’ time.

My main concern would be us being left with 1/3 of a stadium built, and no-one willing to pay for it being completed.
Paragraph 2 says it all, I am under the impression that the funding for the stadium will be attached to the club.

If this is the case then any leveraged buyout will mean we are carrying a massive amount of debt which will need servicing before we can undertake any investment in the squad.

I would appreciate the views of others, more knowlegable in financial matters, as to how this would work.

Apologies if missed in previous 63 pages.
 
Not much.

Peter Kenyon always wanted to 'paint the world blue' and has credentials to revive Everton​

Powerful executive’s contacts and experience offer hope of a brighter future for stricken club who have lost their way
14 June 2022 • 8:25am

If the consortium that the former Chelsea and Manchester United chief executive is fronting manages to buy another club who play in blue, one suspects his ambitions for Everton may need to be rather more circumspect.It was back in 2005, shortly after clinching their first top-flight title for half a century, that Peter Kenyon talked about how Chelsea wanted to “paint the world blue”.

But there is little doubt that Merseyside’s downtrodden neighbour need some fresh thinking and some of Kenyon’s recent rhetoric will chime with Everton fans desperate to see an end to the dysfunction and reckless spending that took them so close to relegation last season.

In an interview with Telegraph Sport just under two years ago, Kenyon explained how he told all prospective owners of clubs that, while it undoubtedly costs money to create good sides, that alone is no guarantee of success.

“It goes way beyond a coach or a footballer,” he said. “It’s about a culture that is created.”
Everton, devoid of a vision or plan under Farhad Moshiri and undermined by constant managerial upheaval, have been as good an example as any of how not to run a football club.

Kenyon has close ties with Jorge Mendes, probably the world’s most powerful agent, a relationship that dates back to 2003 when they first met over the deal that brought Cristiano Ronaldo to Old Trafford.Kenyon, of course, will know that. It is almost two decades since he left United for Stamford Bridge in what remains arguably the most eye-catching executive switch the Premier League has witnessed, and 13 years since he parted company with Chelsea. Nonetheless, he remains a familiar face to many, his influence in football circles has never waned and his opinions and expertise are still sought after – his company, Opto Advisers, has been involved with the takeovers at Paris St-Germain and Wolverhampton Wanderers and he has worked with clubs from Middlesbrough to Atlético Madrid. Had things worked out differently, he might have ended up running Newcastle United.

Born in Stalybridge, a small town in Tameside, Greater Manchester, Kenyon made his name as chief executive of Umbro, the sports manufacturer, before leaving to become deputy chief executive of United in 1997, where he helped to elevate the club commercially, through ground-breaking deals with Vodafone and Nike, and raised United’s profile in Asia.
Roman Abramovich recognised Kenyon’s talents and one of his first major moves as Chelsea owner was to entice him to west London.
Given his background, it would be easy to fit Kenyon into a certain stereotype, but he has always been a fervent opponent of a European Super League and holds an unwavering belief in the Premier League’s collective model, where wealth is shared. He also opposes Uefa’s financial fair play regulations.
When he first joined Chelsea, Kenyon said they “had some good players, some big players … but it was a disparate band and there was nothing bringing it together.” There are obvious parallels at Everton, where manager Frank Lampard faces a huge rebuilding job.

Takeovers can often spell bad news for incumbent managers but, if Kenyon’s group were to be successful, Lampard may have less to fear than most. He knows Kenyon well from their time at Chelsea. Kenyon also publicly championed Lampard’s credentials when he was manager at Stamford Bridge. Time will tell if that reunion materialises.
Just because he was the right person for Chelsea like 15 years ago doesn't mean he's the right person for us now. The game has changed a lot since then,
 
I'd rather have a silly billionaire in Mosh than a bunch of yanks tucked up cosy with the likes of Trump and Steve Bannon.

We'll be sponsored by Q Anon ffs
There's no ethical billionaires. We are happy to be owned by an oligarch with ties to Putin but not Americans with ties to the Trump administration?

I get the feeling this really boils down to fans wanting us to be man city. FFP has put an end to us competing so I would rather be run like a business and kept stable.
 

How many PL clubs have to agree to a rule change for it to be voted through? Must be getting close to a point where US owners have a majority (if they worked together). The suggestions around a new broadcast model make sense.
 
What assets have we got , Bill sold them all.

The shiny new stadium.

The idea that these fellers have popped up with our debt and gone "these look like a good proposition to sink £500+million into" without that in mind, doesn't happen.
 
How many PL clubs have to agree to a rule change for it to be voted through? Must be getting close to a point where US owners have a majority (if they worked together). The suggestions around a new broadcast model make sense.
It would be like turkeys voting for Christmas. If the model goes the way the scum 6 want, the gap between them and the rest will become a chasm. They want ppv for each team, with the revenue going directly to the club. They may as well have just approved the super League.
 
The shiny new stadium.

The idea that these fellers have popped up with our debt and gone "these look like a good proposition to sink £500+million into" without that in mind, doesn't happen.
Goodison aint new , defo not shiny mate.

Bramley Moore is over 2 years away.
So we have no assets ( other tan wearing Blue shirts oc)
 

There's no ethical billionaires. We are happy to be owned by an oligarch with ties to Putin but not Americans with ties to the Trump administration?

I get the feeling this really boils down to fans wanting us to be man city. FFP has put an end to us competing so I would rather be run like a business and kept stable.

Of course. But like I said...one is a carefree hobbiest billionaire...the other is a business and profit first billionaire.

Can't really find an example of a successful American owner that hasn't ruined a club in some form. FSG over at the RS but even then are heavily reliant on Klopp. If they had anyone less of a success than he is...they'd be closing the bank accounts down
 
Goodison aint new , defo not shiny mate.

Bramley Moore is over 2 years away.
So we have no assets ( other tan wearing Blue shirts oc)

It's in the bag though which is the appeal.

There's no way without a stadium being built right this very moment, someone is coming in to takeover the club as it is
 
The shiny new stadium.

The idea that these fellers have popped up with our debt and gone "these look like a good proposition to sink £500+million into" without that in mind, doesn't happen.
This is the concern though. There currently isn’t a shiny new stadium, there’s a building site, which requires in the region of another £350-400m throwing at it.

There’s obviously money to be made after that, but as an investment it currently requires huge amount of capital to get there.
 

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