If he pulls out again (to use an appropriate metaphor) he's no effing use. Yes, "No Buyer out there is No Buyer" - not selling for the good of the club / business with the club in such a parlous state just won't be good enough AGAIN - plus by now even a complete imbecile ought to be able to see (probably read as "should have been told") that, right now, the club isn't worth a bean, future income streams (spent) or no future income streams.
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davek
Player Valuation: £150m
The thing is - and contrary to earlier reports by Kenwright that he's dealing with fantasists inquiring about Everton - we have to ask ourselves why groups with substance, like JAIN, are making the effort to attend meetings with the board but then feel the need not to contact the club again.
The question has to be: what's spooking these people? How much shit have Kenwright and co. really gotten us into in terms of debt levels? And what sort of money are the board of directors asking for their shares?
Seems to me the problem is not at the buyers end of things (as Kenwright would have us believe), it's at the seller's end.
The question has to be: what's spooking these people? How much shit have Kenwright and co. really gotten us into in terms of debt levels? And what sort of money are the board of directors asking for their shares?
Seems to me the problem is not at the buyers end of things (as Kenwright would have us believe), it's at the seller's end.
Bang on mate but the real problem is we are not for sale and kenrite has no intention of selling us.
Yes Dave, spot on, it's one thing to not be an asset worth selling - it's another thing entirely to have to fend off persistent stories with the bullshine "it was just an enquiry" line. It starts to look ever more likely that the asking price is ridiculous. Put it this way: How much can a business with a balance sheet of minus £40M odd be really worth, even allowing for some off-balance sheet values? I'm no ranter but I think this is his last REAL chance - especially if this group genuinely want to buy & acquire a stadium - perfect - especially if, superficially, they appear (a) decent (set of business) people.
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Cena
Player Valuation: £70m
It annoys me when he and others go "We don't want to sell to somebody who doesn't care about the club and doesn't have the best interests of the club at heart", in that case why did we sell shares to Robert Earl. His first game is months he goes to last saturday, what else has he done?
Be fair mate he did bring stallone over
Cena
Player Valuation: £70m
Ahhh yeh silly me, saw Sly having a bottle outside the Spellow on satdee
After Rocky: Next celebs, Shaky: Shakin' Stevens to appear in Liverpool Empire Panto alongside Pammy (Floppy).
D
Deleted member 28206
Guest
Did a bit of research, as you do.
http://www.thejaingroup.com/webpage.php?title=The+Team&p_type=1&catid=13
This is the team.
I think, out of the team Gyanprakash & Susanta will be the 'men' in charge, both of financing any potential deal, and identifying the assets within the club.
http://www.linkedin.com/pub/vikram-poddar/36/5a/454
http://www.thejaingroup.com/webpage.php?title=The+Team&p_type=1&catid=13
This is the team.
I think, out of the team Gyanprakash & Susanta will be the 'men' in charge, both of financing any potential deal, and identifying the assets within the club.
http://www.linkedin.com/pub/vikram-poddar/36/5a/454
davek
Player Valuation: £150m
I think he's got his price. No doubt he'd like to stay on in some capacity, but if the price per share is right the decision is not really his because he owns just 25%. It's got to be that the major shareholders are overvaluing a club that, as Toffeedan says, has debt and has already gambled its near-future revenue streams. Realistically they should be selling it for a penny and hope someone comes in and pays up the debt.
M
Mvflusk
Guest
Why must we dismiss or overblow this? Its in very low level talks, it could happen, it might not. It's got nothing to do with season tickets or the Boo Unions protest.
Because there's (supposedly) a statement today - what about? Bill had a meeting!?! Big f****g deal!
davek
Player Valuation: £150m
Yes, they'll hang about for the unrealistic price they have in mind. This is why the calls for them to hand over the sale of the club are so strongly resisted and why a group like the Blue Union come in for so much stick from people at the club. Elstone's rejection of the suggestion that an interim board was 'risible' was noteworthy. Real fangs out, attack dog stuff. It'd be the board's biggest nightmare to be pressured into that. Let's face it though, as long as they're given the wriggle room by supporter, they'll carry on holding out for the big pay off they never in a million years have deserved.
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