davek
Player Valuation: £150m
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.
Good post mate. I've always thought that the best way of hurting this regime is to press on the raw nerve. That has to be the seedy Earl and "his" ownership vehicle that's cast in the shadows of an offshore trust. There's no proof that he's a proxy for Green, though it's long been suspected given the words of Green regarding helping Kenwright out and the obvious interest he takes from afar in the club's ownership issues. There's just too many stories knocking about concerning an ex-CEO of the club being carpetted on more than one occasion by this feller, and the way Kenwright leaps to his defence when confronted on his association with Everton strongly suggests he's financially involved. The issue of shadow directors is taken very seriously and pressure on the Premier League and government helped Leeds fans clarify exactly who was behind the offshore trust controlling them.
In short, the attack should be focussed on going after Earl/Green - something the feller who's job it is to take the flak (Kenwright) would hate - and lobbying journalists/the Premier League/politicians to launch an investigation into exactly who owns Everton. At the very least it woud be extremely uncomfortable for the people owning the club and might make them think twice about holding out for a mega payout sometime down the road.