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Kenwright's Greatest Trick!


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#41 Matt

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Posted 05 Sep 2009 - 10:50

Why do people keep refering to record profits...... We made about 20k last year.....

I think far to many people are getting confused with the club announcing a "record TURNOVER"

that could be it then. my financial knowledge is hardly wonderful...
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#42 StevO

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Posted 06 Sep 2009 - 09:58

that could be it then. my financial knowledge is hardly wonderful...


to put it very simply; every year everton increase overdrafts, mortgages, loans, pretty much every financial product the bank will allow. we are increasing turnover, but that only really covers the costs of running the business.
i.e. we are in financial danger.
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#43 hafnia

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Posted 06 Sep 2009 - 23:16

http://www.telegraph...--Football.html

If the club want us to look at football as a business, then any fan of reasonable morals would stay at home and pocket the money spent on going to the match when the 50 could pay for their childrens tuition, driving lessons, uni fund - whatever.

Football is football, don't expect fans to have to become financial experts, we go to the games and spend our money because we love the club and want success and have pride. If you control a club and financially cannot give it the money it's reputation and fans need, then get out. Do not refuse to answer straight questions such as "how much are you asking for the club" because we deserve better, Hiding behind a canny manager will not get you all the time in the world, many fans are waiting for the day when Man City, United or Real Madrid will come calling for Jack Rodwell, with Kenwright in charge he will be sold.

Thanks for all you've done Bill, now please "actively" sell us. i.e let it be known how much we are up for.
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#44 Louis

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Posted 07 Sep 2009 - 12:43

There are some people who believe that Kenwright can't sell the club because he doesn't own enough of it. He had to borrow from Paul Gregg's wife last time around:

http://www.telegraph...t-Goodison.html

The offer document also said that Anita Gregg had arranged a further £2.5 million of committed facilities ( in plain language lent money) for True Blue which, it is intended, will be refinanced in due course.

I understand that Mrs Gregg also lent Kenwright money to help him finance his share of True Blue. It could have been as much as £7 million. She may also have lent other directors money.



Perhaps there is a grain of truth in that Sir Philip Green and Robert Earl are running the show?

http://www.timesonli...icle4467155.ece

Everton’s troubled pre-season took another twist yesterday when it emerged that Keith Wyness, the former chief executive, quit Goodison Park last month because of the growing influence of Sir Philip Green, the retail magnate, on the club. Wyness was linked with a similar role at Real Mallorca, but while he visited the Balearic island after leaving Everton, it was for a meeting with Robert Earl, the Planet Hollywood founder who owns 23 per cent of the Merseyside club, and Green, who has consistently denied any financial involvement in them.

Wyness had become increasingly concerned by Green’s input at Everton. Financial information about the club was regularly passed to the billionaire, who has no official role at Goodison, and club officials have been summoned to conferences with Green at the headquarters of Bhs, which Green owns, in London to discuss strategy. After leaving the club, Wyness went to Majorca, where an acrimonious meeting took place. The two sides failed to agree on a severance package and Wyness is believed to be planning to take Everton to an industrial tribunal.

There had been suggestions that the chief executive stood down because of controversy over Everton’s desire to move from Goodison Park to a new stadium in Kirkby, outside the Liverpool city boundary, or concerns about the financial future of the club. However, the sole reason was Wyness’s disquiet over the influence of Green.


http://www.thisismon...00&in_page_id=3

Billionaire rag trader Sir Philip Green is the secret power broker in the bitter, multi-million-pound struggle for control of Everton Football Club, the Evening Standard can reveal.

Green played a major role in the acquisition of a key 23% stake in the Merseyside club by Planet Hollywood tycoon Robert Earl from Everton board member Paul Gregg, the cinemas and leisure multi-millionare. However, it is understood Green's involvement in the deal - at a time of unprecedented interest in the ownership of top Premiership clubs - is just the culmination of a longrunning relationship with Everton's other major minority shareholder, impresario Bill Kenwright, which also saw Green play a key role in the controversial sale of England superstar Wayne Rooney to Manchester United.


http://news.bbc.co.u...ton/7532345.stm

Although Green, one of the richest men in the country, is not formally connected to Everton, he has been involved in much of the Toffees' recent activity - Mihir Bose


There is no proof but simply a suggestion that Green has shares in BCR Sports.

The shares that Paul Gregg sold are owned by BCR Sports, based in British Virgin Islands. The purpose of BVI companies is that it is notoriously difficult to find information about directors of the companies and the owner does not need to pay capital gains tax when they sell the shares and make a profit. Some records say that the shares are owned by BCR Sports whilst Everton's own accounts say they are owned by Robert Earl.

-- How's that for a conspiracy ? :)
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