Where will the club be in 5 years time. I see no strategy.

[n01efc]

In 5 years time, I think we'll be doing alright. We're better than 5 years ago and better than 10 years ago. Everyone on here has gone on about Billionaires/Investment etc. Well we haven't got it, but we are still in there fighting and scrapping, and even though the RS have far more money and 'Global' fans we are above them and I'd rather our team and manager than there's and it's been a while since I've been able to say that. I'm old enough to have seen all the glory days, titles and cups, but considering the absolute wealth that we are up against in Utd, City, Chelsea, Spurs, Arsenal and the RS we are doing OK......

The point is for how much longer, Moyes and the board are squeezing everything out of the club to try and progress- wages are 75% of turnover which is massive. We have no where else to go hence the one in one out transfer policy. What are our options to carry on like this? The only one I can see is off load a few top earners and rebuild and try again- the same thing Moyes has done for years.

 

[billycopper]

Why on earth would he ?

He's put NOTHING into the club in 13 years, and he loves to harp on about being an Evertonian. Why should he wait to get 'market value' ?

I'm sure market value is far less than what him and his cronies want, btw.

A couple of different ways of looking at it:

1) Presuming that Kenwright put in £5m of the original £20m to acquire a 25% stake in the club, if he had instead invested the money in an account paying 7% interest it would be worth £12,001,071 today.
2) In 2009 the average top executive salary in the Premier League was £873,000. To simplify the maths, if he had been paid the same amount for 14 years he would have received £12,222,000.

If he sold the club tomorrow for what he bought it for it would equate to him being close to £20m out of pocket. I think it's very unfair to expect that of him.

 

[billycopper]

My feeling is that him and his cronies want loads of money on the shares and are quite happy to wait for it. Feel free to ignore ALL the evidence and go with your 'feeling' though.

What EVIDENCE? Have you not been reading the thread?

 

[MACCA75]

What EVIDENCE? Have you not been reading the thread?

Keith Harris (who Bill himself says he is in daily contact with in regards to selling the club ) I think put the figure of £150 million on the club when asked what price they were looking for. Bill himself of course has consistently refeused to even name a ball park figure.

 

[billycopper]

Keith Harris (who Bill himself says he is in daily contact with in regards to selling the club ) I think put the figure of £150 million on the club when asked what price they were looking for. Bill himself of course has consistently refeused to even name a ball park figure.

According to Forbes we were valued at $165m in 2007, $197m in 2008 and $207m in 2009. They're entirely independent. At the current exchange rate $207m is £130m, so the £150m ballpark would have been a correct valuation at the time that Harris was looking for a buyer and not Bill asking for an exorbitant figure.

We've slipped out of the top 20 most valuable European clubs since then, so no more up to date data is available. It's interesting to note though that our debt was 49% of our value compared to United 54%, Arsenal 107%, Liverpool 59%, Chelsea 92%, Spurs 29%, City 0%, Newcastle 96% and Villa 10%.

 

[MACCA75]

According to Forbes we were valued at $165m in 2007, $197m in 2008 and $207m in 2009. They're entirely independent. At the current exchange rate $207m is £130m, so the £150m ballpark would have been a correct valuation at the time that Harris was looking for a buyer and not Bill asking for an exorbitant figure.

We've slipped out of the top 20 most valuable European clubs since then, so no more up to date data is available. It's interesting to note though that our debt was 49% of our value compared to United 54%, Arsenal 107%, Liverpool 59%, Chelsea 92%, Spurs 29%, City 0%, Newcastle 96% and Villa 10%.

Clearly those figures do not represent the 'value' of the club though - seeing as apparently we have had no buyers. If i cant sell my house for twelve years, then i'd be looking at lowering the asking price!?

 

[Black Belt Jones]

Keith Harris (who Bill himself says he is in daily contact with in regards to selling the club ) I think put the figure of £150 million on the club when asked what price they were looking for. Bill himself of course has consistently refeused to even name a ball park figure.

Bill doesn't seem in all that strong a position to resist a credible offer for Everton - the key word being credible here. If someone serious wanted to buy Everton it would be straightforward - make an offer that would be seen externally as fair (£150 million sounds like way more than top whack to me but what do I know), if Bill didn't like it then a quick brief of the media and Blue Bill's position becomes completely untenable (he's a minority share holder in any case is he not?)

 

[MACCA75]

Bill doesn't seem in all that strong a position to resist a credible offer for Everton - the key word being credible here. If someone serious wanted to buy Everton it would be straightforward - make an offer that would be seen externally as fair (£150 million sounds like way more than top whack to me but what do I know), if Bill didn't like it then a quick brief of the media and Blue Bill's position becomes completely untenable (he's a minority share holder in any case is he not?)

Minority shareholder although he has said himself that he 'speaks for' both Woods and Earle. God knows what these two clowns bring to the club.

 

[billycopper]

Clearly those figures do not represent the 'value' of the club though - seeing as apparently we have had no buyers. If i cant sell my house for twelve years, then i'd be looking at lowering the asking price!?

As Moyes often tells us, we don't sell cheap. I'm not sure that Kenwright is that much of a motivated seller and I imagine that a few people might have tried it on with offers well below the asking price.

Just looking at the most recent Forbes figures to see if I can notice any patterns. United's valuation has gone up by 20%, Arsenal 8% (surprising that they're the second most valuable British club), Chelsea 16%, Liverpool 12%, Spurs 37% and City 52%. Presumably Premier League clubs in general have become significantly more valuable in the last year then.

 

[billycopper]

Minority shareholder although he has said himself that he 'speaks for' both Woods and Earle. God knows what these two clowns bring to the club.

Bill 25%, Woods 19%, Earl 23%, Carter 2%, Other/unknown 31%. They don't need to be declared as holding a significant interest if they have less than a 10% stake. So there could be another three or four people involved. It was interesting to note that Willy Russell was part of the original buyout group alongside Jimmy Mulville. Perhaps they're still involved?

 

[billycopper]

Just noticed that Anton Zingarevich, the Reading owner, was a key player in the Fortress Sports Fund deal.