| Are we just glad to be rid of Evans, or genuinely excited about the consortium? 10:16 - Mar 3 with 3307 views | Matt_Netherlands |
Not a BCWYWF post, more a genuine question. Yes we know Evans has been at the heart of most of our problems for a long time now, but is this takeover just seen as a breath of fresh air and a relief, or do we genuinely believe that the new owners have the investment and the know how to push us back up the leagues?
I.e. are people just glad to get ANY new owners or glad to get THESE owners?
It’s a bit of both for me. They are clearly trying to establish a club model across their different teams, but at the same time perhaps don’t have the deepest of pockets compared to other owners around the country. Just got to hope that some smart decision making can compensate for not being billionaires! |  | | |  |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 13:37 - Mar 3 with 621 views | Radlett_blue |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 10:24 - Mar 3 by monytowbray |
Evans has ALWAYS been the problem, managers are temporary.
So yes, very happy. |
"Evans has always been the problem"?
After he took over Town, he gave the existing manager a decent transfer kitty.
After appointing Keane, he let him have his own way about how to run the club & gave him a huge transfer kitty by the standards of that time in the 2nd tier.
He allowed Jewell to run up a large wage bill & bring in umpteen new players.
BY all accounts, Evans also never interfered on the playing side, with the exception of taking some control over transfers & wages after he saw how much money the combination of Keane & Clegg were squandering.
For the first 5 years, Evans was pretty much a model owner & his one failing was his inability to appoint competent managers. |  |
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| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 13:50 - Mar 3 with 607 views | north_stand77 |
Presumably the 5% of the shares held by supporters remains the same, can anyone verify please? |  | | |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 13:56 - Mar 3 with 588 views | Churchman |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 13:37 - Mar 3 by Radlett_blue |
"Evans has always been the problem"?
After he took over Town, he gave the existing manager a decent transfer kitty.
After appointing Keane, he let him have his own way about how to run the club & gave him a huge transfer kitty by the standards of that time in the 2nd tier.
He allowed Jewell to run up a large wage bill & bring in umpteen new players.
BY all accounts, Evans also never interfered on the playing side, with the exception of taking some control over transfers & wages after he saw how much money the combination of Keane & Clegg were squandering.
For the first 5 years, Evans was pretty much a model owner & his one failing was his inability to appoint competent managers. |
Sorry, I can’t agree with that. For the first 5 years a model owner? Aside from the fact that ‘his one failing was his inability to appoint competent managers’ was about as important as it gets, I thought he was dreadful.
In terms of initial support It was significant in the first few years but hardly huge. And players were sold too. Loanees, cheap replacements, desperate times by 2012. Evans never invested in the infrastructure of the club. Staff out, no money to even stop trees growing out of the roof. Assets sweated. He had no identity and within a short while neither did the club. He is the owner and ultimately accountable. He created an unhappy rudderless place with little ambition other than sustained mediocrity and decline.
He was and is clueless football wise. |  | | |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 14:05 - Mar 3 with 583 views | Radlett_blue |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 13:50 - Mar 3 by north_stand77 |
Presumably the 5% of the shares held by supporters remains the same, can anyone verify please? |
The Ipswich Town PLC is made up of the pre-takeover shareholders and owns 12.5% of the club, with Evans owning the rest. | |
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| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 14:08 - Mar 3 with 576 views | chrismakin |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 13:56 - Mar 3 by Churchman |
Sorry, I can’t agree with that. For the first 5 years a model owner? Aside from the fact that ‘his one failing was his inability to appoint competent managers’ was about as important as it gets, I thought he was dreadful.
In terms of initial support It was significant in the first few years but hardly huge. And players were sold too. Loanees, cheap replacements, desperate times by 2012. Evans never invested in the infrastructure of the club. Staff out, no money to even stop trees growing out of the roof. Assets sweated. He had no identity and within a short while neither did the club. He is the owner and ultimately accountable. He created an unhappy rudderless place with little ambition other than sustained mediocrity and decline.
He was and is clueless football wise. |
Didnt he replace a proper footballing man and replace with Clegg? |  |
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| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 14:14 - Mar 3 with 570 views | Radlett_blue |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 14:08 - Mar 3 by chrismakin |
Didnt he replace a proper footballing man and replace with Clegg? |
Clegg arrived as CEO in April 2009, the same time as Keane. He replaced Derek Bowden, who had done a good job in his 7 years, but was a former advertising executive & no more a "football man" than the hapless Clegg. | |
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| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 14:28 - Mar 3 with 556 views | north_stand77 |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 14:05 - Mar 3 by Radlett_blue |
The Ipswich Town PLC is made up of the pre-takeover shareholders and owns 12.5% of the club, with Evans owning the rest. |
OK thanks. For some reason I thought it was 5%. So for what its worth, the 12.5% would still be able to vote etc on some matters? | | | |
| Are we just glad to be rid of Evans, or genuinely excited about the consortium? on 15:57 - Mar 3 with 540 views | FrankfurtBlue |
Evans selling up only solves part of the problem. We don't yet know enough about the prospective new owner(s) to form a good opinion. We don't know who they will appoint to run the club, and what management structure will be put in place. We don't know the agreed price, the source of funds, their aims, business and operational plans, etc.
Evans invested* large sums initially, but scaled it back significantly, such that the last 5 financial years has seen him put an average of £2m p.a. into the coffers of ITFC. Yep, you read that correctly. Not £6m, £7m, £8m or £9m per season. So, any new investors will need an average of £2m per season, minus any additional income from player sales ( I am assuming that they think that they can operate and invest much smarter than ME, and turn a healthy profit in the transfer market). Also, £2m per season (2014-2019) meant having an uncompetitive wage budget in the Championship (certainly in the lower quartile of clubs), leading ultimately to relegation, assisted by Hurst and Lambert. I think it is fair to say that the new owners will look to run most things more efficiently than Evans, who seems to be penny wise and pound foolish.
Basically, a football club needs good management and sufficient investment. You could argue that Evans failed on both counts, but certainly the former. Here's hoping that any new owners can bring both. Ideally, I want ownership of the club to be in the hands of fans, or at least people that genuinely care about the fans. Investors don't generally do that.
So, to answer the OP question, I will be very glad if Evans does sell, but I will reserve judgement on any new owners.
*in the Evans era, invested means wasted, as he had no idea of what he was doing, appointed CEOs who were likewise clueless, and gullibly trusted ex-footballers with money. |  | | |
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