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

[Matt Damon]

I'm not saying that entire £24 million was deferred tax by any means.

Portsmouth owed the tax man £35 million from image rights when they were put into administration. It was that claim from HMRC that put them there.


So it could be that maybe 1/3 to (for me alarming) idea of 2/3 of that £24 million figure in the Everton accounts could be a tax claim. It would be interesting to know precisely what the other expenses is.

On this I do agree with the lids.

 

[bourneblue]

Hmm,don't know nor will I comment if indeed those are the individuals concerned in the matter.
However it's wise to use the terms 'supporters' or 'followers' of the blue union as opposed to members,as just like keioc they have only a few members.
This is a deliberate ploy to make it easier to distance themselves from any actions undertaken by their followers/supporters that may tarnish their reputation.
Devious as it is.

 

[BoysInBlue]

Sometimes I think the wrong 'bad guy' so to speak is being focus on, and that other board members get away with murder.

Look at it like this.

Carter owns 2% and is an irrelevance. If the club were sold for £150m as per BK's reported pricetag (just for post's sake), he'd make £3m.

Jon Woods, the mysterious muzzyed man who very few know much about, owns 19%, a significant amount, and he'd make £28.5m for his shares.

The key person who people should focus on is Robert Earl - 23%. He'd make £34.5m for his shares, a profit of approx £11.5m on his original purchase. This man has been to Goodison a handful of times for a match in the last 5 years. What does he do for the club? Other club's directors work hard for the club, bring deals and people to the table constantly, and are highly visible figures. Earl - a man who has been made bankrupt TWICE in his life (once can happen to anyone, but twice is clearly a sign of someone who doesn't learn from mistakes) - was brought into the club by Kenwright. Is this the right sort of person to be owning nearly a quarter of the club? And people claim that Kenwright would never sell to the wrong person. An argument can easily be made that the 'wrong type of person' has already been brought in by him.

Kenwright owns 25% and stands to make £37.5m from any sale, a personal profit of £17.5m for his efforts.

If Earl were to be forced out and sold his 23% independently of Kenwright & the board, and the person buying wasn't a fan of BK and the board, what would happen? That would be interesting. A board of BK & Woods & Carter alone would only own 46% of the club, so theoretically, the power would lie with the new purchaser of Earl's shares and the rest of the shareholders (if mobilised to support him). Even if they weren't, what if the new buyer was able to get the extra 2-3% of shares needed to gain the controlling interest of the club? Kenwright's power would be greatly lessened, and his inflated pricetag for his shares would be greatly dropped.

Interesting scenario, which makes me wonder why Earl isn't focused on instead of Kenwright. There are other ways to cause Kenwright's departure from the club than focusing on him. Maybe if people focused on someone who definitely wasn't a 'boyhood blue' things might change.

 

[BoysInBlue]

It matters because they are lying to the fans just like the man they are fighting against.

Denying it was them shouting at a man through a fence is hardly the same as 10 years of lies, sorry.

Honestly, why focus on such petty, petty things? Who cares! It could have been Andy Burnham, Billy Butler and Damon from Brookside for all I care. It's irrelevant nonsense designed to avoid the real issues, such as not signing a player for a fee for nearly 3 years, and not replacing £20m+ of sold players.

 

[bourneblue]

That's how the world of big business operates,they are in it for the money they have unlike kenwright no allegiance to everton none.
If the shares depreciate in value,then am sure this would be levelled against their tax returns. Money lost ?

 

[Matt Damon]

Denying it was them shouting at a man through a fence is hardly the same as 10 years of lies, sorry.

Honestly, why focus on such petty, petty things? Who cares! It could have been Andy Burnham, Billy Butler and Damon from Brookside for all I care. It's irrelevant nonsense designed to avoid the real issues, such as not signing a player for a fee for nearly 3 years, and not replacing £20m+ of sold players.

Damon lid would NEVER demean himself. I'd have Bill for a pint tell him where he's going wrong and we'd be in the Champions League next year lid.

He'd then sell me the club for £1. Because I'm boss lad.

 

[bourneblue]

Denying it was them shouting at a man through a fence is hardly the same as 10 years of lies, sorry.

Honestly, why focus on such petty, petty things? Who cares! It could have been Andy Burnham, Billy Butler and Damon from Brookside for all I care. It's irrelevant nonsense designed to avoid the real issues, such as not signing a player for a fee for nearly 3 years, and not replacing £20m+ of sold players.

Then don't adopt the 'holier than thou' attitude.This is why so many evertonians mistrust them.

 

[Matt Damon]

That's how the world of big business operates,they are in it for the money they have unlike kenwright no allegiance to everton none.
If the shares depreciate in value,then am sure this would be levelled against their tax returns. Money lost ?

Some of these football clubs have not been operating as they should be in relation to tax law - Portsmouth proved that.


Plus one interesting thing apparently from the Portsmouth thing was the application of a tax claim from HMRC for "image rights payments to players and offshore wage payments" which was allegedly the first such claim.

The Guardian story in May 2010 thought that claim would potentially impact all Premier League clubs.

So it could be that this could indeed be a combination of late payments and a previous tax mistake?

Certainly £24 million (35% of turnover) "Other expenses" is very very bloated. So something unusual must have created that.

 

[tommye]

right back again, phone died so unable to post. Will read through responses and reply where needed.

 

[Gwladys St. Glory]

"We're in a giant car heading towards a brick wall and everyone's arguing over where they're going to sit."

 

[tommye]

I have been on all the Blue Union marches, attended all the meetings, read the newsletter they published, and know all the fellas involved.

The Blue Union have NEVER ONCE said that he was 'creaming money from the club'. This is the same type of factually incorrect slur against the Blue Union that causes the mistrust in the first place. Spin coming from somewhere, no doubt, to turn fans against BU. Disagree with BU by all means, but at the same time as wanting evidence for BK errors, I wish people wouldn't tell lies about the Blue Union.

firstly i haven't said I'm pro or anti BU or pro or anti BK. I said many many blues do not have access to the information the BU claim to have. I have also stated that I want shut of the board and the future of everton to be as illustrious as our past. What I did try to do was highlight why the majority of blues distrust the BU, and a possible solution to rid themselves of the distrust people have.
if I'm wrong and it wasn't said by the BU then I'm happy to be corrected. There are however numerous posts both here and on other forums regarding, for example, the Vibrac loan and the possible connections to the board making money, underhandedly, from the loan. Insinuations and groundless suggestions of dirty tricks. I, and many thousands of other blues, don't know if this is true or not, but the suggestions are there and thrown up on a regular basis. I KNOW the board are useless. I KNOW they've shafted us. My point was countless blues don't so need informing with evidence that proves what the board are doing. Merely highlighting their failings is not getting the message across so a change of plan is needed. The BU, in my opinion, need to conduct a PR campaign to drag their name, and what they stand for and are trying to achieve, back to a respectable level without churlish stunts like the car park shenanigans. In some ways i was playing devils advocate to highlight the reasons, preconceptions call it what you will, for the general feeling of mistrust. If you're not aware of the nitty gritty of what's going on it just seems like mudslinging.

 

[tommye]

that's bull****. don't tell lies to defend your side mate ffs. lad.

am i telling lies or passing on what is whispered in the posts on this and other forums? I know whats going on sharpy. My dad (50+ yrs a blue, home away and Europe....even pre seasons) has good friends, some actually work for the club, who keep him up itk. My post is trying to highlight that the majority do not, and i've repeated what blues who i know who are anti Bill/board are saying. Some of them have attended BU meetings, some haven't.

 

[Sharpys top lip]

What a ****ing mess all this is. The board must be blamed for this. And the BU had a chance to get the fans to unite behind them and so far have failed. One one way for us the way things are going.

This is so,so sad.....

 

[tommye]

What a ****ing mess all this is. The board must be blamed for this. And the BU had a chance to get the fans to unite behind them and so far have failed. One one way for us the way things are going.

This is so,so sad.....

this. So much.

 

[daz4matty]

"We're in a giant car heading towards a brick wall and everyone's arguing over where they're going to sit."

Bang on mate,i think some fans love bill so much they are blind to him and the board killing our club.
He tells lie after lie after lie and we will end up out of the premiership with him and the board in charge but i guess some fans would take that as long as they could still see his smug smile beaming out at them.