The Everton Board Thread (Inc. Bill Kenwright / Blue Union)

Is it time for Change...???

  • Kenwright an the Board out, We need Change.

    Votes: 503 80.0%

  • Im Happy with the way thing are. Kenwright an the Board should stay

    Votes: 126 20.0%
  • Total voters
    629
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davek said:
You're right. I think the bickering is filling a vacuum because there's no hard evidence of a takover...which is pretty much my point really.

I'll give it a rest in this thread until we hear something concrete about the takeover Matt reckons is on its way.
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FFS lad, grow up. It's boring...........No ones arsed about your and matts lovers tiff...

just have an angry bum and get it over with.....
 
its all a bit much for a bit of speculation from one end of the spectrum in administration to the other with a takeover..... bets are we will just roll in a ****ty year end as usual, we will flirt the idea of money coming in to keep us and moyes on our toes.

play nice then if summit happens one of you can say told you so and do the dance of smugness
 
Everton Football Club has released its statement of accounts for June 1 2009 to May 31 2010.
The accounts reveal that the Everton Football Club Company Limited generated turnover of £79.1m, offset by operating costs of £79.6m. This resulted in an operating loss before player trading of £0.5m.
The operating expenses were up from £73.4m in 2009 due to increased and continued investment in the Club's playing squad.
A profit of £19m from the disposal of player registrations - due mainly to the sale of Joleon Lescott to Manchester City - was reinvested in the purchases of Sylvain Distin, John Heitinga and Diniyar Bilyaletdinov.
Contracts for the new signings, coupled with renegotiated deals with Louis Saha, Tim Howard, Jack Rodwell, Joseph Yobo and Phil Jagielka impacted on the Club's increased operating expenses, as did the loan signing of US international Landon Donovan.
In addition the average attendance increased from 35,667 to 36,729 and Season Ticket numbers increased from 23,717 to 25,671 a rise of 8%, generating £19.2m.
Chairman Bill Kenwright commented: “In modern football, the difference between success and failure can be wafer-thin. Yes, those clubs fortunate enough to boast a rich and generous benefactor undoubtedly have a clearly defined advantage but the outcome of crucial matches are quite often decided not by the size of the bank balance but more by skill, good fortune or the whim of a referee.
“From a financial perspective, the year was one which was underpinned by sensible business management which enabled us to continue to do everything within our collective power to help the manager in his concerted efforts to build a squad which would challenge the top four.
“Turnover for the year of £79.1million represented a decrease of £0.6million on the previous year, £79.7million, a figure which was boosted by our progress through to the FA Cup final.
“Irrespective of their standing within the various leagues, clubs will invariably be judged on two things - performance and level of support. Our average attendance for Premier League games at Goodison Park rose to almost 37,000 during the course of the last campaign, a statistic which delights me but does not surprise me simply because we are fortunate enough to boast the most loyal and knowledgeable crowd in British football.”
Broadcast revenue increased to £50.2m due to the Club's share of the centralised revenue deal from the Europa League, although domestic broadcast revenue was down. This was due to 13 domestic games being broadcast live in contrast to 17 in the previous season.
Commercial, sponsorship and merchandising revenue increased to £7.1m due mainly to the Club's deal with Kitbag.
Chief Executive, Robert Elstone, added: “In financial terms it was another steady year in what do remain challenging economic times. As ever, our primary aim was to do all we could to help assist and support the manager.
“All monies received from the transfer of Joleon Lescott were - as we had promised - reinvested in new players.
“Our wage-to-turnover ratio figure did rise in the last financial year but that simply serves to underline our commitment to both signing the best available players and to securing the long-term futures of those already at the Club."
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How does that hold up against what all you knowledgeable types predicted?

We made a loss of half a million. Get the bailiffs in.
 
Bryan said:
I only see a negative of -500k
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The devil is in the detail as always. Operating expenses will have increased further this year, but so has TV money. Good business will keep the rise roughly equal to the TV money...

BUT.


The bottom line is Kenwright cannot afford to increase turnover on the Stadium.

That is the key driver for Everton's development. Both short, and long term.

We need an increase in capacity of 10,000 plus more corporate.
 
Matt Damon said:
The devil is in the detail as always. Operating expenses will have increased further this year, but so has TV money.


The bottom line is Kenwright cannot afford to increase turnover on the Stadium.

That is the key driver for Everton's development.
Click to expand...

I think he has already admitted that?
 
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