The All Kenwright/The Board Related Stuff Thread

[Wiggytop]

I’m going to reserve judgement until they have been in control for awhile to see if they deliver what the fans want.

[Romey 1878]

https://www.theguardian.com/football/2023/sep/15/farhad-moshiri-plots-exit-after-ruinous-reign-but-evertons-future-still-unsure

It's a pity it's taken the media this long, but better late than never where that man is concerned

Quote

“The perfect partner to take the club forward,” was Bill Kenwright’s description of Moshiri when the initial investment was announced. Moshiri was the perfect partner for Kenwright, not Everton, allowing the chairman to remain in the role to this day when his first act should have been to clear out the underperforming board he inherited. Everton’s decline predates Moshiri. It just accelerated under him.

 

[Romey 1878]

I do love the shouts of wait and see.

I obviously hope those people are right and 777 don't turn out to be what a lot of us fear but if they're wrong it'll be far too fucking late once we wait and see.

[duncanmckenzieismagic]

13 hours ago, StevO said:

https://inews.co.uk/sport/football/777-partners-who-everton-buyers-takeover-explained-2620046?ITO=newsnow
 

If you don’t like clickbait this link is to the original article. 

What makes you believe it’s clickbait?

Clickbait:

Clickbait typically refers to the practice of writing sensationalized or misleading headlines in order to attract clicks on a piece of content. It often relies on exaggerating claims or leaving out key information in order to encourage traffic. The term is generally used in a dismissive sense.

[Formby]

2 hours ago, Romey 1878 said:

I do love the shouts of wait and see.

I obviously hope those people are right and 777 don't turn out to be what a lot of us fear but if they're wrong it'll be far too fucking late once we wait and see.

I think we should take some heart in the fact they're not called 666 Partners. 

[StevO]

32 minutes ago, duncanmckenzieismagic said:

What makes you believe it’s clickbait?

Clickbait:

Clickbait typically refers to the practice of writing sensationalized or misleading headlines in order to attract clicks on a piece of content. It often relies on exaggerating claims or leaving out key information in order to encourage traffic. The term is generally used in a dismissive sense.

It’s a website only set up to put adverts in front of Evertonians, by people who have made up stories in the past to purely get us to look at the website so they can generate money from ad revenue. 
 

The only time they actually report on a story is when they make it up. If you haven’t noticed yet, all of the stories you have linked from that website are them telling you about a story on another website. Not them telling you actual news. So they get to link you to a Twitter account, or a newspaper website, only when they do that you see adverts on their site and they get paid off the back off someone else’s work.  

So I’m quite happy to open your link, find who is actually telling the story, and try to stop these middlemen making money from a fan base who are constantly desperate for news. 

[Wiggytop]

2 hours ago, Romey 1878 said:

I do love the shouts of wait and see.

I obviously hope those people are right and 777 don't turn out to be what a lot of us fear but if they're wrong it'll be far too fucking late once we wait and see.

True, but in reality what is the other option, do we all remortgage everything we own and make it a people’s club?

[StevO]

2 hours ago, Romey 1878 said:

I do love the shouts of wait and see.

I obviously hope those people are right and 777 don't turn out to be what a lot of us fear but if they're wrong it'll be far too fucking late once we wait and see.

Not much else we can do mate. If it’s going to happen we can’t stop it, personally I’m just happy to get rid of these two. 

[Wall Writer]

49 minutes ago, Formby said:

I think we should take some heart in the fact they're not called 666 Partners. 

I can see it in The Times on Monday: Sports investors, a level up all round on satan's numbers! 

[Romey 1878]

1 hour ago, Formby said:

I think we should take some heart in the fact they're not called 666 Partners. 

If they were then I'd at least say that was a bit of honesty on their part .

1 hour ago, Wiggytop said:

True, but in reality what is the other option, do we all remortgage everything we own and make it a people’s club?

Actually sell to someone/a group that will put money in and try to make a success of things?

1 hour ago, StevO said:

Not much else we can do mate. If it’s going to happen we can’t stop it, personally I’m just happy to get rid of these two. 

I'm happy to be rid of Moshiri too (I don't think we'll be getting rid of the other just yet though) but I'm not happy about the newbies quite possibly being even worse for the clubs future.

My fears are big ones - selling the stadium (the only thing we have left to sell really) so that we're paying an extortionate rental to one of their mates, which we'll be stuck paying long after they've fucked off, which also then means not getting the benefit of the extra revenue because it's not ours (that silver bullet that is going to change our fortunes apparently). And I also feel they're going to milk the clubs biggest asset, the fans, for every penny they can in the mean time. Yes we need to improve our commercial streams but this lot will just be looking to make as much money as possible, as quick as possible, before they leave with the hefty profit.

I really hope I'm wrong but I genuinely feel like this is the start of even worse things for EFC.

[Shukes]

People have mentioned this asset stripping a few times. 
Is this because they have a history of doing this?

[Matt]

6 minutes ago, Shukes said:

People have mentioned this asset stripping a few times. 
Is this because they have a history of doing this?

Partly that for me, but also investment groups are about making money, not losing it, and football clubs are famous for losing money. In fact, I don't know of another industry where its considered acceptable to post losses of £105m and be within a "normal" situation still.

[badaids]

No way we can trust every single one of the 777 partners at least a couple of them will be wankers.

[Matt]

3 minutes ago, badaids said:

No way we can trust every single one of the 777 partners at least a couple of them will be wankers.

We should find all the names and do a lottery on which one Haf blames the end of the club on 

 

[Romey 1878]

21 minutes ago, Matt said:

We should find all the names and do a lottery on which one Haf blames the end of the club on 

 

Billius Kenwrightus

[Romey 1878]

@duncanmckenzieismagicit would really help if you read the thread before posting links.

[Hafnia]

1 hour ago, Matt said:

We should find all the names and do a lottery on which one Haf blames the end of the club on 

 

That would be like blaming the bloke who bought you one for the road for your raging hangover after your mate has been spiking your drink all night. 
 

All roads lead to boys pen bill…. 

 

[Matt]

22 minutes ago, Hafnia said:

That would be like blaming the bloke who bought you one for the road for your raging hangover after your mate has been spiking your drink all night. 
 

All roads lead to boys pen bill…. 

 

Exactly mate, I expect the trend to continue 

[Hafnia]

9 minutes ago, Matt said:

Exactly mate, I expect the trend to continue 

777 are just vultures ready to feast on the dying animal that is Everton after it’s near 20 year infestation of parasite bill.  I’m pretty sure some people will call out the nasty vultures for being vultures when the real damage was done by the parasite that some people  thought was friendly. 
 

the irony will be that when the carcass is examined, there will be no sight of the parasite…. It will have fucked off before being eaten itself. 

[Zoo 2.0]

4 minutes ago, Hafnia said:

777 are just vultures ready to feast on the dying animal that is Everton after it’s near 20 year infestation of parasite bill.  I’m pretty sure some people will call out the nasty vultures for being vultures when the real damage was done by the parasite that some people  thought was friendly. 
 

the irony will be that when the carcass is examined, there will be no sight of the parasite…. It will have fucked off before being eaten itself. 

Have you been watching David Attenborough again?

[Matt]

37 minutes ago, Hafnia said:

777 are just vultures ready to feast on the dying animal that is Everton after it’s near 20 year infestation of parasite bill.  I’m pretty sure some people will call out the nasty vultures for being vultures when the real damage was done by the parasite that some people  thought was friendly. 
 

the irony will be that when the carcass is examined, there will be no sight of the parasite…. It will have fucked off before being eaten itself. 

https://www.theguardian.com/football/1998/nov/28/newsstory.sport15

https://www.law.com/international-edition/2000/03/22/deal-insider-everton-fc/

Just gonna leave these here. Second one was quite interesting. But the point is we were up shit creek long before Kenwright. Now we're up shit creek with a river side stadium. 

I know this is going to kill you, but they are irrefutable facts. Still hope we get rid of him though, he's still been the constant element of the clubs failures. 

[Romey 1878]

Every day there’s going to be something like this.

[Hafnia]

27 minutes ago, Matt said:

https://www.theguardian.com/football/1998/nov/28/newsstory.sport15

https://www.law.com/international-edition/2000/03/22/deal-insider-everton-fc/

Just gonna leave these here. Second one was quite interesting. But the point is we were up shit creek long before Kenwright. Now we're up shit creek with a river side stadium. 

I know this is going to kill you, but they are irrefutable facts. Still hope we get rid of him though, he's still been the constant element of the clubs failures. 

We were in far less debt under Johnson than we were with kenwright….. “we had to sell Duncan for £8m to appease the banks” and the fans revolted cos Johnson the kopite went behind smiths back. 

I’ll see you and raise you a “Kenwright actively tried to sell Wayne Rooney behind his back to Chelsea and got £23m plus add ons on the drip for a generational talent”.

Under Johnson we won a trophy, he developed the park end, opened a mega store, restored prince ruperts tower. 
 

when fans protested Johnson had the honour to resign….. kenwright blamed fans for a headlock that didn’t happen. 
 

We were on a downward trajectory before Johnson took over. We survived last day vs Wimbledon when he was only just one or two months in control. So you could argue that he actually took a sinking ship, won a trophy and then walked when it was going downwards again.

plenty of humble pie has needed to be eaten by too many when it comes to blue bill… cos he kidded everyone that he was Everton’s friend.  No amount of Peter Johnson whataboutery will come close to comparing the absolute shit show of fucked up opportunities that is bill kenwright 
 

 

 

 

[Matt]

On 16/09/2023 at 20:04, Hafnia said:

We were in far less debt under Johnson than we were with kenwright….. “we had to sell Duncan for £8m to appease the banks” and the fans revolted cos Johnson the kopite went behind smiths back. 

I’ll see you and raise you a “Kenwright actively tried to sell Wayne Rooney behind his back to Chelsea and got £23m plus add ons on the drip for a generational talent”.

Under Johnson we won a trophy, he developed the park end, opened a mega store, restored prince ruperts tower. 
 

when fans protested Johnson had the honour to resign….. kenwright blamed fans for a headlock that didn’t happen. 
 

We were on a downward trajectory before Johnson took over. We survived last day vs Wimbledon when he was only just one or two months in control. So you could argue that he actually took a sinking ship, won a trophy and then walked when it was going downwards again.

plenty of humble pie has needed to be eaten by too many when it comes to blue bill… cos he kidded everyone that he was Everton’s friend.  No amount of Peter Johnson whataboutery will come close to comparing the absolute shit show of fucked up opportunities that is bill kenwright 
 

 

 

 

You're again missing the point. Debt is relative and at the time Kenwright bought the club, we were selling the clubs best players to stay afloat. Now Bill hasn't really changed that but only because he (eventually) found us the billionaire who's been incredible in his ineptitude of running a club and we've got a stadium on the docks. 

You go after him like he's the root of all our problems and he's just not. He's been the sole constant figure in the demise I will acknowledge but the club were financially fucked before he took over, a time where bilionaires and investment groups still had some actual common sense, and now we're fucked because a billionaire with no common sense has had enough and is selling us on. But with a lot of potential as well as a lot of risk. 

Some of the shit Kenwright gets lumped with is 100% justified, and there's a lot of it. Some of it is clearly horseshit. 

Let's just hope this sale goes through and he moves on to retirement. 

[Matt]

 

Something a bit more pleasing to watch

[Romey 1878]

7 minutes ago, Matt said:

 

Something a bit more pleasing to watch

Won't be long until the death of Everton Football Club video is released at the rate we're going.

[Hafnia]

1 hour ago, Matt said:

You're again missing the point. Debt is relative and at the time Kenwright bought the club, we were selling the clubs best players to stay afloat. Now Bill hasn't really changed that but only because he (eventually) found us the billionaire who's been incredible in his ineptitude of running a club and we've got a stadium on the docks. 

You go after him like he's the root of all our problems and he's just not. He's been the sole constant figure in the demise I will acknowledge but the club were financially fucked before he took over, a time where bilionaires and investment groups still had some actual common sense, and now we're fucked because a billionaire with no common sense has had enough and is selling us on. But with a lot of potential as well as a lot of risk. 

Some of the shit Kenwright gets lumped with is 100% justified, and there's a lot of it. Some of it is clearly horseshit. 

Let's just hope this sale goes through and he moves on to retirement. 

You say debt is relative…..  kenwright overseen the biggest net loss of players out the door plus the sale of bellefield, sale of finch farm….. at a time when tv money was putting club’s historically miles away from us - on a par. 

he lumbered us with crippling loans which have likely been a leveraged buyout for want of a better explanation. we have had opportunities to sell the club way before moshiri - we had opportunities to put the club in a far stronger position if he was to walk away but he didn’t. 
 

there is absolutely no comparison the disaster that is bill kenwright to any other owner in our history.

 

[duncanmckenzieismagic]

 

[Matt]

 

 

[Wall Writer]

If these guys come in, get the stadium done, and then flip it as suggested, then isn’t that ‘ok’.

I mean that in the sense that, the stadium gets done then maybe they don’t invest too much in the team, which may be difficult enough with FFP anyway, but keep us in the League, we then at least become an attractive investment for someone who might be willing to invest in taking the club forward.

I’m clutching at straws I know, but surely that is a better situation to be in than the status quo?

It’s going to be a long time before we are fighting for Europe again, that much is obvious. But a new stadium and perhaps better people behind the scenes inc. at board level is the best we can hope for at the moment? 

[Matt]

10 minutes ago, Wall Writer said:

If these guys come in, get the stadium done, and then flip it as suggested, then isn’t that ‘ok’.

I mean that in the sense that, the stadium gets done then maybe they don’t invest too much in the team, which may be difficult enough with FFP anyway, but keep us in the League, we then at least become an attractive investment for someone who might be willing to invest in taking the club forward.

I’m clutching at straws I know, but surely that is a better situation to be in than the status quo?

It’s going to be a long time before we are fighting for Europe again, that much is obvious. But a new stadium and perhaps better people behind the scenes inc. at board level is the best we can hope for at the moment? 

When they flip us, we'll be financially dependent again because the stadium will have been sold to the highest bidder and we'll be paying a lot to be there. 

[Romey 1878]

34 minutes ago, Matt said:

When they flip us, we'll be financially dependent again because the stadium will have been sold to the highest bidder and we'll be paying a lot to be there. 

And not getting the benefit of the extra revenue from concerts etc.

[Wall Writer]

The line I was taking was that we’d be sold as a package, stadium and all.

Of course, they could well sell off all the assets separately, and probably make a lot more money that way.

Who knows what they’ll end up doing.

As I said, I’m clutching at straws trying to find a glimmer of hope in this deep dark abyss. 

 

 

[Romey 1878]

 

[Romey 1878]

 

[Romey 1878]

 

[Romey 1878]

 

[Shukes]

So confusing. Media seems to think it’s a good thing and that if it doesn’t go through we will be in big trouble.

Fans think it’s a bad thing and if it goes through we will be in big trouble.

Anyone on here actually know what they are talking about and can explain a bit for us thicko’s please haha.

[Shukes]

8 hours ago, Romey 1878 said:

 

This isn’t new though is it?

Haven't we been loaning from these for years. And they are nothing to do with 777. Weren’t these the ones that put up opposition against the last takeover as they didn’t want anyone borrowing money against their actual loan money. 
 

Which is surely the right thing to do. If anything that told me they have the best interests of the clubs money and their own. 
 

I hate this world of borrowing everything, it just gets so messed up.

[Matt]

Is this due to Moshiri lying about putting money into the club then? We can't really have lost his 500m and this too, right??

Is there a chance he's acted as guarantor for these loans and hasn't actually put money in? That would be the smart businessman move. 

[Romey 1878]

1 hour ago, Shukes said:

This isn’t new though is it?

Haven't we been loaning from these for years. And they are nothing to do with 777. Weren’t these the ones that put up opposition against the last takeover as they didn’t want anyone borrowing money against their actual loan money. 
 

Which is surely the right thing to do. If anything that told me they have the best interests of the clubs money and their own. 
 

I hate this world of borrowing everything, it just gets so messed up.

They're linked to Billy Bullshit, that's the problem.

The fella is going nowhere.

[Romey 1878]

What a horrible time to be a blue, there just doesn't seem to be any light at the end of the tunnel.

Fuck everyone who has brought us to this point.

[Matt]

On 17/09/2023 at 20:32, Matt said:

 

Something a bit more pleasing to watch

https://youtube.com/@evertonfcheritagesociety3294?si=L_69Jxym5Zu0QSoK

Their channel has a few cool videos

[Formby]

2 hours ago, Shukes said:

Anyone on here actually know what they are talking about

Absolutely not!

Although there are a few who claim to...

[Hafnia]

13 hours ago, Romey 1878 said:

 

In the words of Colleen Rooney “it’s Phillip green” 

“he’s a friend to Everton”….. “like Mozart” I think blue bill called him.

I thought Mozart was a genius at writing classical music - I wasn’t aware he spent his adult life acting like a sun tanned spiv who ripped off pensioners and loved having his photo with Kate moss.

 

 

[Goodison Glory]

On 18/09/2023 at 09:04, Matt said:

 

 

The more I listen to Simon Jordan (on the commercial aspects of football) the more I like him. Personally, I don't care whether 777 are just in this to flip it. At the end of the day, to flip the club, they will need to have ensured 3 things:

1. The stadium is finished

2. We maintain prem status

3. Our FFP outlook has improved (which it likely will by start of next season anyway)

 

As I side note, 20 seconds of listening to Martin O'neill is enough to have you banging your head on the table..speak faster, speak louder ffs.

[Matt]

1 hour ago, Goodison Glory said:

The more I listen to Simon Jordan (on the commercial aspects of football) the more I like him. Personally, I don't care whether 777 are just in this to flip it. At the end of the day, to flip the club, they will need to have ensured 3 things:

1. The stadium is finished

2. We maintain prem status

3. Our FFP outlook has improved (which it likely will by start of next season anyway)

 

As I side note, 20 seconds of listening to Martin O'neill is enough to have you banging your head on the table..speak faster, speak louder ffs.

Change the 1st point to stadium is finished and we own it and I agree. 

Jordan is very good at explaining the business part, he's just shite at the punditry 

[Matt]

 

 

[Wiggytop]

There was a good interview with a Football finance journalist on BBC Merseyside radio this evening, it can be listened to in BBC sounds app on Total Sport Merseyside it ran from just after 6pm for 10 mins or so. He sounded as if he knows his stuff, and is a blue also.

[duncanmckenzieismagic]

https://www.dailymail.co.uk/sport/football/article-12536507/IAN-HERBERT-Everton-fading-away-plain-sight-dont-need-sharks-picking-carcass.html

[duncanmckenzieismagic]

1 hour ago, Wiggytop said:

There was a good interview with a Football finance journalist on BBC Merseyside radio this evening, it can be listened to in BBC sounds app on Total Sport Merseyside it ran from just after 6pm for 10 mins or so. He sounded as if he knows his stuff, and is a blue also.

 

[Newty82]

https://www.bclplaw.com/en-US/events-insights-news/bclp-advises-on-everton-football-club-deal.html

Horrible tangled mess at this club.

It's so murky isn't it? Feels likes there's already a load of fingers deep into the Everton pie. Just chuck another couple of handfuls in!

[Goodison Glory]

5 hours ago, Matt said:

 

 

Yet again another excellent “education” piece. Fucking Jim White….constantly trying to needle a story that just isn’t there and Simon Jordan having to school him on the realities. For example, trying to make a big deal that 777 gave us 20M or so - who cares. It’s just a loan from someone else that nobody knows the intricate details of. Trying to say we are in trouble if the 777 deal doesn’t go through. Moshri will just become more desperate and we may end up with a better owner because the terms are better. I also liked the first video where he challenged the authenticity of stuff in the press (hidden agendas)

I said months ago that we were in financial trouble (no free cash flow) and Moshri did not want to (or could not) put money into the club. That was met with misunderstanding. Yes he had money (not sure how liquid it is) but he was clearly not wanting to put money in. That’s another reason why our transfer deals have had to be on very specific terms (not just FFP).

I for one could not care who buys the club because we won’t be in a worse position that we are now - no cash flow, negative operating margins, an owner who won’t put more in (and probably shouldn’t to be honest).

Let’s wipe the slate clean, get rid of Moshri and Blue Bill…and see where it takes us. I don’t see how we can be worse off. 

 

 

[plaidharper]

Maybe it is time for another internal strategic review? 

[Romey 1878]

37 minutes ago, plaidharper said:

Maybe it is time for another internal strategic review? 

With there not being much of a board it'd just be Kenwright sucking his own dick, and no one wants to see that.

[Matt]

1 hour ago, Romey 1878 said:

With there not being much of a board it'd just be Kenwright sucking his own dick, and no one wants to see that.

Besides, we need new approaches, not the same old same old

Maybe Bill will move on if he's not got an audience for it during board meetings?

 

[Palfy]

2 hours ago, Romey 1878 said:

With there not being much of a board it'd just be Kenwright sucking his own dick, and no one wants to see that.

I’d be curious to see if he even had a dick being a useless fanny I doubt it. 

[duncanmckenzieismagic]

https://theathletic.com/4877977/2023/09/20/everton-777-partners-takeover/?source=user_shared_article

[StevO]

On 19/09/2023 at 07:27, Matt said:

Is this due to Moshiri lying about putting money into the club then? We can't really have lost his 500m and this too, right??

Is there a chance he's acted as guarantor for these loans and hasn't actually put money in? That would be the smart businessman move. 

Not lost his money. Spent it. 

[StevO]

Seems we’ve gone from being worried about 777, to some even bigger shit show than we might have known.

Now we just needing someone to take control and show some actual leadership, hopefully getting the club in shape. 
 

I know there is a lot of scepticism about 777, but I just want them in the door asap just to see the others out of here. 
 

We need a fresh start and I’ll give them the benefit of the doubt until they give me a reason not to. 
I don’t see why they would sell the new stadium, though I understand the concern. If you want to flip the club for a profit selling it with its assets intact, rather than just being tenants, will be of a higher value. 
 

I hope it happens quickly.