The Great Disconnect - why we love our team but need the club to rebuild our trust

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I'm not sure the way to better governance and greater representation is via a small shareholder delegate and a fan in the boardroom. They'd more than likely be marginalised, out of their depth or cave in to the institutional embrace.

The 50+1 ownership structure in the Bundesliga is a model of sorts - though not without its own shortfalls.

TRANSLATED:
"I don't care what improvements may be made to the running of this club. I for one will continue to look for the negatives and will take every possible opportunity to criticise."
 

I'm not suggesting having a fan on the board brings about greater corporate governance. I'm saying the club has significant scope for improving its corporate governance record, which in turn rebuilds the trust relationship between club and fans.

An extension of that would be fan representation - there are Everton fans out there that would not only hold their own but add to the boards collective performance.
My position on football club democracy is very different to my belief in it elsewhere. Two things I'd ask of Everton FC and its owners and officers: better communication (in terms of massive changes of gear such as stadium decisions) and massive investment.

I think it's the luck of the draw in terms of the owner you get regarding whether you receive either. You get a Jack Walker or a Vincent Tan.

If Everton had owners who were as good as their word and got the club back to where they belong I could give a flying one about a fan on the board.
 
Take that on board (sic) mate, but to the casual observer, it is an Everton thing.
It's probably a success because it's nothing to do with the club. Imagine the likes of Elstone trying to coordinate community outreach programmes? He'd be trying to flog prosthetic legs to former soldiers with missing limbs.
 
Excellent article. Can't disagree with any of it.The lack of communication is utterly shameful, as is the non-transparency of the accounts as referred to by The Esk. Especially in these days of social media, internet and also freedom of information legislation.
 
It's probably a success because it's nothing to do with the club. Imagine the likes of Elstone trying to coordinate community outreach programmes? He'd be trying to flog prosthetic legs to former soldiers with missing limbs.

Bit harsh that. The Player Foundation is a club thing, the way we conduct ourselves with things like the memorable Hillsborough tribute before the Newcastle game, the way Martinez represented us at Anfield.

Elstone is a plank. Neither is he an Evertonian.
 

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Couple of points.

The board of directors primary duty is to promote the best interests of the company. It is in the the company's interests to increase its asset value. Does this not mean that the company and shareholder interests are already aligned?
EiTC is a fantastic charity, but it is not run in any way like a normal trading company. It is not possible to transfer charitable workings to a commercial operation.
Is there any conflict between rule 34 and statute? If so, statute would win every time.
Fan representation is a great theory, but as has been mentioned before cannot represent the fanbase as a whole. Also, on joining the Board, the representative would have to carry out his duties and responsibilities in accordance with statute, so would immediately have to promote the company's not the fans interests.
Or am I just being thick and deliberately obtuse.
 
Interesting read. The recent backlash against RK's comments show the club could certainly improve PR with the fans.
However you say you'd like 'A commitment to the principles of rule 34' and also say, 'these rules fell by the wayside in 1983... As a result investment has flowed into almost all clubs.'
If there is compelling evidence that rule 34 was encumbering investment in clubs then surely its reimposition on EFC would only discourage the investment we've been crying out for over many years?
 
Couple of points.

The board of directors primary duty is to promote the best interests of the company. It is in the the company's interests to increase its asset value. Does this not mean that the company and shareholder interests are already aligned?
EiTC is a fantastic charity, but it is not run in any way like a normal trading company. It is not possible to transfer charitable workings to a commercial operation.
Is there any conflict between rule 34 and statute? If so, statute would win every time.
Fan representation is a great theory, but as has been mentioned before cannot represent the fanbase as a whole. Also, on joining the Board, the representative would have to carry out his duties and responsibilities in accordance with statute, so would immediately have to promote the company's not the fans interests.
Or am I just being thick and deliberately obtuse.

Hi mate, I'm totally aware of the fiduciary responsibilities of board members, however what I am saying is that a board that does not a have a majority of major shareholders sitting on it can still meet their obligations to shareholders, perform better and more objectively whilst more closely aligning the club's interests as well.

It's widely recognised that the best functioning corporate organisations usually have high levels of corporate governance. A commitment by the club to do so would benefit everyone.
 
However you say you'd like 'A commitment to the principles of rule 34' and also say, 'these rules fell by the wayside in 1983... As a result investment has flowed into almost all clubs.'
If there is compelling evidence that rule 34 was encumbering investment in clubs then surely its reimposition on EFC would only discourage the investment we've been crying out for over many years?

It was Spurs in 1983 who asked the FA could they set up a holding company structure above the club.

The FA never responded and Spurs went ahead. As a result they became the first listed company thereby attracting investment and others followed.

The principles today should not stop investment, and if they do they only deter those who wish to see a financial return not an engaged and successful football club.
 

Excellent article. Can't disagree with any of it.The lack of communication is utterly shameful, as is the non-transparency of the accounts as referred to by The Esk. Especially in these days of social media, internet and also freedom of information legislation.

We are not a public authority so unless it is to do with a public authority contract the FOIA doesnt apply.
 
;)

Hi mate, I'm totally aware of the fiduciary responsibilities of board members, however what I am saying is that a board that does not a have a majority of major shareholders sitting on it can still meet their obligations to shareholders, perform better and more objectively whilst more closely aligning the club's interests as well.

It's widely recognised that the best functioning corporate organisations usually have high levels of corporate governance. A commitment by the club to do so would benefit everyone.
Hi mate. I know you know about fiduciary duties, but made the point in case others didn't to be honest.
Bringing people in from outside is fine, but at what cost? Unless they bring in more profit than their remuneration, is it a good idea?
I'm all for more communication when appropriate, but bringing the level of investment into the public domain would seem to be foolhardy imho.
Similarly, the new ground and financing thereof should not be made public until there are concrete (pardon the pun) and tangible things to report.
Guess it's a case of agree to disagree on this one.
 
The Chairman, CEO, Directors, etc are like a good referee. You don't notice them when they're doing their job properly.

I find as a blue the intense scrutiny focused on the club as a business is warranted because we have a track record of amateurism, disappointment and non-delivery stretching back over a generation.

I couldn't care less who was doing what in the background if we were successful and progressive.

The last transfer window was a neat metaphor for most if not all of the issues which have bedraggled the club for 25 years. Expectation overtook reality to a huge degree, culminating in what appeared to be a "strategy" floundering all over the place on deadline day, with amateur hour in full swing.

If the club is serious about conducting business properly, Kenwright and Elstone should have been volleyed out the door long ago. This would be the best communication strategy I could think of.

I don't think BK is going anywhere but expectations of success will be constantly undermined unless we get the very best CEO and commercial director. I'm concerned that we are still waiting.
 

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