shackattack
Well-Known Member
kenwright has many faults and it's hard to believe his tales of holding eddie cavanagh's coat before he ran on the wembley pitch and how he sat on uncle cyril's handlebars before being dropped off at the boys pen. but does he know more about the finances of everton more than most fans-arguably so. and apart from a so called investor who was found to live in a bedsit in manchester, there has been no serious offers for everton. Everton, as a club, have zero assets left aside from the players. Goodison Park is mortgaged to the hilt based on future season ticket sales and the club shamefully do not own the megastore, and are tenants at our own training ground.
Commercially, the club continues to woefully underperform, with total income of £12m in 2014 highlighting just how reliant Everton are on the broadcasting money. This is a direct result of the club's business model - asset utilisation in place of investment; they've sold everything and outsourced everything they can to ensure they don't spend a penny in place of speculating to accumulate, the tried and tested route which all successful clubs use.
Everton’s board appear unable to address the issue of operating a 20th century stadium in a 21st century environment; having failed twice to relocate to a new stadium their third attempt is now following a well-worn path with equally well-worn excuses, the failure of which is common to everything this Everton board attempt: a lack of finance. the board as a whole have failed, and yes kenwright is paramount in that failure but not alone.
Commercially, the club continues to woefully underperform, with total income of £12m in 2014 highlighting just how reliant Everton are on the broadcasting money. This is a direct result of the club's business model - asset utilisation in place of investment; they've sold everything and outsourced everything they can to ensure they don't spend a penny in place of speculating to accumulate, the tried and tested route which all successful clubs use.
Everton’s board appear unable to address the issue of operating a 20th century stadium in a 21st century environment; having failed twice to relocate to a new stadium their third attempt is now following a well-worn path with equally well-worn excuses, the failure of which is common to everything this Everton board attempt: a lack of finance. the board as a whole have failed, and yes kenwright is paramount in that failure but not alone.