Is that a Chinese proverb or something lad?
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Is that a Chinese proverb or something lad?
johnnydawg68
Chairperson, People's Front of Saint Domingo
The problem is what is "astronomical"? I'll agree with you that Everton are secretive, but hard to believe we wouldn't know about a serious buyer. Actually it's impossible for me in today's media saturated environment. If Kenwright has enemies, you can bet your ass that info would be leaked to make him look bad and put pressure on.
Chang Elephant
Forum God
Astronomical relative to the actual value of what's on sale....serious enquirer walks away laughing.....decline......
I couldn't think of anything else to say so thought an obscure comment would be the way to go.
johnnydawg68
Chairperson, People's Front of Saint Domingo
You're guessing though right? Point is don't you think someone would have said, "yeah I wanted to buy Everton but the price they wanted was too high"? That's not libelous.
TimCahill AKA Eug
Player Valuation: Free Transfer
Agree with all of this we are the laughing stock ofthe league, sort this **** out or get out and let someone else, it a ****ing joke!!!!!
Chang Elephant
Forum God
Clearly guessing because I'm not kenwright or Phil Green. Previously interested parties don't want loss of face, don't want the next club on their radar showing as second choice, and some won't want to antagonise Green for no real return.
Feel free to trust Kenwright on this, his word is his bond.
johnnydawg68
Chairperson, People's Front of Saint Domingo
Clearly guessing because I'm not kenwright or Phil Green. Previously interested parties don't want loss of face, don't want the next club on their radar showing as second choice, and some won't want to antagonise Green for no real return.
Feel free to trust Kenwright on this, his word is his bond.
With all due respect, it's got less to do with trusting Kenwright and more to do with looking at the landscape and seeing that football is a terrible investment, and Everton with a wonderful but woefully outdated stadium, a negative balance sheet, and a operating at a loss every year, aren't at the top of the list of "hot properties".
johnnydawg68
Chairperson, People's Front of Saint Domingo
It should be noted that one of those links rightly pointed out that the explosion in debt in 2008 and 2009 came from borrowing to "invest in players".
So to get new players in, we'd have to mortgage the future some more.
I, for one, would just like to see the players we HAVE start playing up to their abilities. That would be a start.
So to get new players in, we'd have to mortgage the future some more.
I, for one, would just like to see the players we HAVE start playing up to their abilities. That would be a start.
davek
Player Valuation: £150m
Neiler reckons it's 29p. I find it hard to believe myself, like.
Matt Damon has a spreadsheet
njligernj
Player Valuation: £15m
This might be slightly OT but just curious how much cash someone would need to takeover and completely satisfy everyone? There are owners who would be better than ours but still not willing to spend what we'd need. I'm not even talking about a Citeh/Chelsea level of spending on players but I think ultimately to compete we're talking about:
Buy Everton: 100-200 mil?
Wipe out debt: 65 mil?
Build new stadium: 300-400 mil?
Buy new players: 50-100 mil?
Retain current players when needed (Rodwell and so forth) and pay new players: 75-100 mil per year (using the Arsenal model of buying young and having a huge wage bill rather than spending huge in transfers ... probably the best way with the new rules)
Misc improvements: 25 mil?
So around 800 mil initial and then carrying a wage bill of up to 100m per year (hopefully paid for by attendance/merchandise/CL&PL revenue).
Not a lot of people around who can drop that much -- I'd say, if you were so inclined to buy a football team, you'd need to have 4-5 billion + net worth to be willing to invest 800m on your football club (f you're super hardcore) and probably in reality more like double digit billions. Not that many double digit billionaires out there.
And yes I'm aware that the new owner wouldn't have to spend that much to outperform the current board. I'm just saying, if you are a prospective owner and you run the numbers on what it would take to regularly compete for the CL spots and Prem title, I think you're looking at 800m+. Plus I'm not actually sure why anyone would want to buy EFC unless they were to spend 800m (or whatever the real number is) to compete -- we don't make any money being the "best of the rest" (before this year anyway) so unless you were willing to spend enough to get a new stadium/players and so forth that could push the team into the top four why would you bother buying Everton?
Buy Everton: 100-200 mil?
Wipe out debt: 65 mil?
Build new stadium: 300-400 mil?
Buy new players: 50-100 mil?
Retain current players when needed (Rodwell and so forth) and pay new players: 75-100 mil per year (using the Arsenal model of buying young and having a huge wage bill rather than spending huge in transfers ... probably the best way with the new rules)
Misc improvements: 25 mil?
So around 800 mil initial and then carrying a wage bill of up to 100m per year (hopefully paid for by attendance/merchandise/CL&PL revenue).
Not a lot of people around who can drop that much -- I'd say, if you were so inclined to buy a football team, you'd need to have 4-5 billion + net worth to be willing to invest 800m on your football club (f you're super hardcore) and probably in reality more like double digit billions. Not that many double digit billionaires out there.
And yes I'm aware that the new owner wouldn't have to spend that much to outperform the current board. I'm just saying, if you are a prospective owner and you run the numbers on what it would take to regularly compete for the CL spots and Prem title, I think you're looking at 800m+. Plus I'm not actually sure why anyone would want to buy EFC unless they were to spend 800m (or whatever the real number is) to compete -- we don't make any money being the "best of the rest" (before this year anyway) so unless you were willing to spend enough to get a new stadium/players and so forth that could push the team into the top four why would you bother buying Everton?
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