Heroes & Villains, the Aston Villa fanzine
Heroes & Villains => Heroes Discussion => Topic started by: richardhubbard on February 01, 2011, 11:23:53 AM
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http://www.evertonfc.com/forum/showthread.php?5170-Going-into-administration/page2
http://members.boardhost.com/blaukopf/msg/1295992226.html
I have heard this from several Everton supporters they are the verge of going into adminstration, anyone else heard anything about this?
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I've added a question mark to make the topic title look less like this has actually happened
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So the first page you have linked to is people saying Redscouse on Twitter are making things up.
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I've added a question mark to make the topic title look less like this has actually happened
Thanks Paulie
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I hope not. Spurs, yes please, but not Everton.
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1 million bid for Arteta and Cahill anyone?
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If we werent flush for midfielders I'd say Rodwell. But we are.
Still, might be worth a shot. apart from that.... meh.
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It may go some way to explain why Spurs yesterday put a £500k offer in for Phil Neville.
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Unlikely.
There is always a mug out there willing to put money into a Premier team.
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Can't see this happening - I hope so though, would cost them 9 points!
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I dont think anybody is coming in to buy Everton. Kenwright has been looking for investors for ages and shit clubs like Blackburn and Blose have been taken over in that time.
(http://2.bp.blogspot.com/_N2zmj--SwU0/RuCUfv8VYiI/AAAAAAAABKU/vJwHzB5lgjo/s400/vultures.jpg)
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Didnt Damon let slip this a few threads ago
IT is suprising that with all the new investors (Including the Blues) no one has ever seriously looked at them
I wonder if their debts are worse than we really know or maybe they are really just that unfashionable
It would be a shame as i always liked them but i think they would be the first of the bigger names to go that way and i am sure there would be others
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I hope this does not happen - never had a problem with them (banter aside) as they are a proper traditional club who should be in the top flight and bad sign if you cannot survive without a billioniare backing you, not to "go for it" but just to keep in business.
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Can't see this happening - I hope so though, would cost them 9 points!
I hope you're not serious.
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It shouldn't happen as they will get financial support from somewhere or a rich fan, I don't mind Everton as they are very similar to ourselves but if they do go under a Bid on Arteta wouldn't go a miss!
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Don't understand this:-
You get minimum £40m for being in the PL. They usually finish top half so quite a bit more in prize money also. They don't have mega spending sprees, despite the odd big signing. They sold a youth product for £27m in recent memory and also made a huge profit on the Klingon. I'm pretty sure they have a (comparatively) reasonable wage structure.
How are they in ANY financial difficulty???
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I've a lot of time for the Toffees, the decent half of the city. Part of the problem of getting new investment is the ground, until they can finance a move they aren't a very attractive proposition. They were attempting to get permission to build alongside a new Tesco's (to make funding easier) in Kirkby, but that fell through under pressure from the council and the fans who didn't want to move outside the city.
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Don't understand this:-
You get minimum £40m for being in the PL. They usually finish top half so quite a bit more in prize money also. They don't have mega spending sprees, despite the odd big signing. They sold a youth product for £27m in recent memory and also made a huge profit on the Klingon. I'm pretty sure they have a (comparatively) reasonable wage structure.
How are they in ANY financial difficulty???
They have spent money (£15m on Fellaini ffs!) but they were in major debt before selling Rooney I believe.
Their turnover isnt particularly high and their wage bill will smother most of that. Plus their stadium is not up to scratch and any investor would have to consider that. They need sizeable investment and as they're close to so many large clubs, its going to be hard to find somebody ambitious to take a chance on them.
All just my opinion of course.
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I hope this isn't true as Everton are about as close to a similar size club as you can get to Villa. It is also worth thinking that without Randy we would be in exactly the same boat as them, in my opinion.
If a club the size of Everton can go into administration then every club is at risk of doing the same, aside from Man City and Chelsea under their current owners.
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I hope they get out of it they are a club with tradition like ourselves.
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It is also worth thinking that without Randy we would be in exactly the same boat as them, in my opinion.
Really? How so? We never went into administration under Doug and I doubt we were going to either, you have to spend money for that.
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If a club the size of Everton can go into administration then every club is at risk of doing the same, aside from Man City and Chelsea under their current owners.
Not really. Arsenal are just about the best run and most profitable club in the world at the moment. Man Utd will never go into admin as there would just be too many potential buyers. Villa under Randy would never go into administration, firstly because he wouldn't allow it to get to that and secondly he has the money to ensure it doesn't happen. Spurs are also well run and have decent backing.
There are a few others too.
Everton are suffering by being neglected in an era of big money in football.
It's only because of PL prize money, modest sponsorship and the fact they are a big well supported club that they can stay afloat.
But even considering all that, I'm suprised if it's got as far as administration. But not amazed.
Just maintaining even an average premier league squad is outrageously expensive.
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It may go some way to explain why Spurs yesterday put a £500k offer in for Phil Neville.
Isn't it more likely that they just need back up defenders with their lack of defenders at the moment?
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Can't see this happening - I hope so though, would cost them 9 points!
Bad man eastie but than as you are only 19 I don't expect anything else :o
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Don't understand this:-
You get minimum £40m for being in the PL. They usually finish top half so quite a bit more in prize money also. They don't have mega spending sprees, despite the odd big signing. They sold a youth product for £27m in recent memory and also made a huge profit on the Klingon. I'm pretty sure they have a (comparatively) reasonable wage structure.
How are they in ANY financial difficulty???
They have spent money (£15m on Fellaini ffs!) but they were in major debt before selling Rooney I believe.
Their turnover isnt particularly high and their wage bill will smother most of that. Plus their stadium is not up to scratch and any investor would have to consider that. They need sizeable investment and as they're close to so many large clubs, its going to be hard to find somebody ambitious to take a chance on them.
All just my opinion of course.
They may be having difficulties in getting investment/a buyer, but that does not diminish they money they have coming in by being a PL club. As I said, I doubt their wagebill is astronomical in comparison to some others, so even if that does swallow up by the entire PL money, which I don't think is the case, with the recent big sales and 30,000+ average gates they should be solvent.
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So, the rumour has appeared on more than one internet place...so that must make it the next best thing to true, musn't it? If it makes Newsnow then it'll be one step beyonf true.
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I've never understood why Everton have never been a target for one of the many buyouts that have happened up and down the country. I know the ground isn't great, but they've got a good potential support, and a decent manager and squad. Why would you go for the likes of Blues or Blackburn over Everton?
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Don't understand this:-
You get minimum £40m for being in the PL. They usually finish top half so quite a bit more in prize money also. They don't have mega spending sprees, despite the odd big signing. They sold a youth product for £27m in recent memory and also made a huge profit on the Klingon. I'm pretty sure they have a (comparatively) reasonable wage structure.
How are they in ANY financial difficulty???
They have spent money (£15m on Fellaini ffs!) but they were in major debt before selling Rooney I believe.
Their turnover isnt particularly high and their wage bill will smother most of that. Plus their stadium is not up to scratch and any investor would have to consider that. They need sizeable investment and as they're close to so many large clubs, its going to be hard to find somebody ambitious to take a chance on them.
All just my opinion of course.
....add on to that very little in the way of corparate hospitality (not something much of us like, but it brings in the cash).
I like Everton, I look forward to everytime we play them, lots of history between us. I hope they will be OK.
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I've never understood why Everton have never been a target for one of the many buyouts that have happened up and down the country. I know the ground isn't great, but they've got a good potential support, and a decent manager and squad. Why would you go for the likes of Blues or Blackburn over Everton?
I can only guess its a case of lots of intitial outlay and not much growth potential.
The guys at Blose and Blackburn are essentially gobshites trying to keep things ticking over. Everton would need a fair bit more than that.
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That Robert Earl hasn't really done much for them has he?
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That Robert Earl hasn't really done much for them has he?
To be fair, at least he tried increasing revenues by selling match tickets to that beer company.....
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Their forum is horrible
I hope not, I don't mind Everton, Wish it were someone like Blues
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“The demographics of Liverpool as a city are not hugely compelling. It is not a very wealthy city. Everton share the city with another club, which arguably has been in the vanguard for the last decade, and they both have a stadium to build. So the economics need a lot of looking at” - Keith Harris after he was appointed to sell the club.
The ground issue is enormous for them. They can't feasibly generate significant new revenue from redeveloping Goodison and the government rejected planning permission for Kirby.
Their existing business model makes losses every year and satisfies those losses through Player sales e.g. Rooney, Lescott, Rodwell??
Having said that, there is no way they are going into administration any time soon. The bulk of their debt is based on a 25 year loan at fixed interest rates. They'll only risk administration if they were relegated.
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Apart from Aston Villa I would buy Everton and sort them out and be their Randy Lerner, if I am a multi billionaire.
But stadium redevelopment/new stadium make it untouchable for investors. As a new stadium could cost 150 millions pound. Let say buy Everton for 40 millions, plus 50 millions on players plus 150 millions on new stadium, it would be very hard to make a profit.
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That Robert Earl hasn't really done much for them has he?
He said he wouldn't put any more money in until they move to a new stadium.
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They've just got planning permission to improve ground conferencing facilities - I'm not sure they are looking to move anymore.
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They've just got planning permission to improve ground conferencing facilities - I'm not sure they are looking to move anymore.
I'd say that's more of a stop-gap measure until they can sort something more permanent out.
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I've never understood why Everton have never been a target for one of the many buyouts that have happened up and down the country. I know the ground isn't great, but they've got a good potential support, and a decent manager and squad. Why would you go for the likes of Blues or Blackburn over Everton?
I can only guess its a case of lots of intitial outlay and not much growth potential.
I'd say that's probably it Maz.
Everton are a big club -pre Shankly they were always the biggest club up there. But could they get any bigger? Unlikely. And they don't have a huge out-of-town support.
Clubs like Blackburn or even B-lose might appeal to owners who see half empty grounds and believe they can stimulate some kind of recovery. In the case of the B-lose owners: they'll soon learn. If they haven't already.
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I've never understood why Everton have never been a target for one of the many buyouts that have happened up and down the country. I know the ground isn't great, but they've got a good potential support, and a decent manager and squad. Why would you go for the likes of Blues or Blackburn over Everton?
thats something i've never understood either,
if i was a billionare looking for a club to buy and invest a few quid in, i would have gone for Sheff Wednesday, pick it up for peanuts, pay of the debt,
your then left with a big club with good history and large fanbase, ground that may be a bit old, but would not look out of place in the top tier,
with a bit of investment and success could easily compete in the top half of the prem
whatanames bought it now, and i dont think he has the money to make much difference.
like you say there is a lot of clubs more favourable than Blues or blackburn
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That Robert Earl hasn't really done much for them has he?
Crap pundit too. Was good for Wimbledon though. :D
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Mandaric bought Wednesday didn't he? He has a good track record of sorting a club financially and selling on at a decent profit John.
Everton - I really hope they are not in trouble. They are desperate for decent investment, and I would much prefer them to have cash than Liverpool or Man City.
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I've never understood why Everton have never been a target for one of the many buyouts that have happened up and down the country. I know the ground isn't great, but they've got a good potential support, and a decent manager and squad. Why would you go for the likes of Blues or Blackburn over Everton?
Maybe Egg Fried Rice and his band did look at Everton but thei Everton board looked at the situation closely and realised what a shit deal the Chinese were offering.