Finance Expert: Dangerous times at Everton as Bill Kenwright position unravels
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Everton...
Dan Plumley has insisted that Bill Kenwright keeping his role guaranteed at Everton after selling the club to Farhad Moshiri has become extremely dangerous in recent times.
The Finance Expert admitted that it would have looked like a good decision at the time, but now as the heat rises with protests every week, it looks worst.
Kenwright will be going nowhere while Moshiri still owns a majority stake in the club, and if the fans had their way, both would be packing their bags now.
“We know that owners and directors tests are being looked at as part of the independent regulations,” he exclusively told Goodison News.
“You could look to shift some of that power to the independent regulator and make decisions based on who can take what role at a club linked to ownership stakes and their contracts, so that might be something that comes further down the line.
“It spins both ways, it’s an ok situation to be in for the club, providing everything is going ok, you would have looked at that in 2016 and people would have thought that was great with Moshiri committed to the current culture of the club.
“Obviously, over time and what has happened at the club, that position has unravelled, so it becomes dangerous for the club if you can’t extract that from a contractual point of view.
“Again, it’s club-by-club decision on who will choose to do that, we have to view these things in terms of the time we are in, and it would spin both ways but looking forward, that may not be something that was in place if it’s a full acquisition by someone in the future, that’s likely got to go.”