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Evans retaining 5% stake 19:39 - Apr 8 with 4484 viewsTokey

I’m pleased that Evans is retaining a stake in the club, albeit a share that doesn’t allow any decision-taking. It can’t have given him any pleasure from the last few years either so as we hopefully ascend towards the Prem, I’m glad he’s along for the ride as well.
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Evans retaining 5% stake on 10:48 - Apr 9 with 869 viewsGeoffSentence

Evans retaining 5% stake on 02:27 - Apr 9 by Stenvict

Lol

He's the real winner here, he's lost £100m just so he can claim £40m back. Smart. We should all do that.


Imagine the tax advantage that gives him.

Don't boil a kettle on a boat.
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Evans retaining 5% stake on 10:52 - Apr 9 with 862 viewschrismakin

TBH I would have hated to have been in M.E's shoes over the years

Clearly he was investing all that he could afford to invest

To put a structure in place, that alone would have cost further funds, he was doing everything with as minimal input as possible

To then have offers from random people offering to buy the club, he would have been very hesitant at selling to anyone incase they did indeed ruin the club financially and he'd have the honour of being the man that sold the club to the wrong people and had a hand in it's closure.

For all he got wrong, he tried his best as an owner and at least kept it financially solvent

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Evans retaining 5% stake on 11:03 - Apr 9 with 851 viewsBlueBadger

Evans retaining 5% stake on 07:50 - Apr 9 by BryanPlug

[content removed at owner's request]


A large chunk of that debt is debt he's helped to run up through his own shortsightedness, incompetence and, ironically, failure to invest at key moments.

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Evans retaining 5% stake on 11:14 - Apr 9 with 838 viewsKieran_Knows

Evans retaining 5% stake on 21:19 - Apr 8 by BryanPlug

[content removed at owner's request]


Come off it. It took him 14 years to come up 'using data for transfers' ffs.

Whilst I certainly do appreciate that he kept the club afloat year on year, as many others have pointed out, the debt is largely his fault. All he had to do at the very beginning was appoint a CEO/Dof style figure to lead the club.

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Evans retaining 5% stake on 11:17 - Apr 9 with 832 viewschrismakin

Evans retaining 5% stake on 11:14 - Apr 9 by Kieran_Knows

Come off it. It took him 14 years to come up 'using data for transfers' ffs.

Whilst I certainly do appreciate that he kept the club afloat year on year, as many others have pointed out, the debt is largely his fault. All he had to do at the very beginning was appoint a CEO/Dof style figure to lead the club.


There's a line though Paul

This thread turned into someone not wanting to see his face at the ground as a supporter, which imo is slightly harsh, he's entitled to support the club. End of day, despite how it's turned out, he hadnt folded the club and 'ruined' it.

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Evans retaining 5% stake on 11:25 - Apr 9 with 815 viewsKropotkin123

Evans retaining 5% stake on 06:23 - Apr 9 by textbackup

hold up, if we don't thank him for that we are wrong? but his terrible decisions and mismanagement over 13 years is ok to just accept?
right...


Agreed. I won't be thanking him. But at the same time I don't wish him any ill.

The current owners say they will measure their success by the state they leave us in. And by that count, Marcus Evans has left us in a worst state by pretty much every metric I can think off.

That said, I think he has tried to be sincere with this sale. I don't think he has put himself before the club. Rightly or wrongly though, that is personally my minimum expectation in regards to the sale.

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Evans retaining 5% stake on 11:36 - Apr 9 with 798 viewsBlueWorldOrder

Evans retaining 5% stake on 22:18 - Apr 8 by TieDyedIn95

Debt largely caused by his own bad decisions though let's be honest. The finances got totally out of control at one point toward the end of Jewell and he really should have had a handle on it. I also hate the line of attack because a supporter hasn't dumped millions in your not allowed a view on Evans, well I imagine you have put in next to sweet fa compared to Evans too so why do you get a view and other do not?

Evans was a terrible owner who run up 100mil of debt and led us to mid-table in the third division. Just because he sold the club doesn't change that fact. He didn't write off the 100mil out of kindness. It was a business decision to enable himself to recoup 40million quid and offload a cost drain on his overall business. We can be positive about Gamechanger but lets not alter history just because he wrote a nice message when he sold the club. Just a few months ago he'd allowed the banning of TWTD from the clubs media, told the national press the supporters had burned down the clubs training ground, allowed a manager to run riot and pull the club further down the tube, while giving him one last mad transfer window to waste yet more money in doing so, clearly after having made a decision to sack him anyway.

It's been constant and utter madness and Evans final months are absolutely damning in my view. I have put in my fair share into the club over the years as well, we all have, and I am allowed my view that Evans was a total and utter disaster here and it ended up the way it did, not because of the supporters, but because of how badly Evans ran this club. Same with the debt. The fans didn't build that up, he did.

So lets not be high and mighty about Evans just because he sold the club and wrote a nice bit about how sorry he was it failed. It was a business decision to buy, he failed to run the club to anywhere near the level expected and it was his business decision to sell it having run it into the ground. Look at the state of it and tell me that's the product of a man who was doing his best let alone doing his job?

Lets get real.


He's not the nice man everyone is now making him out to be. You only have to see how his business treats it's staff internationally as well as what he's done in Brazil to see he's not someone we should have ever been involved with. Any socialist should be appalled by Marcus Evans.

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Evans retaining 5% stake on 16:13 - May 21 with 656 viewsTieDyedIn95

I think this more to do with recouping his losses than anything else.

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Evans retaining 5% stake on 16:31 - May 21 with 621 viewsCheltenham_Blue

Evans retaining 5% stake on 16:13 - May 21 by TieDyedIn95

I think this more to do with recouping his losses than anything else.


Did it really take you six weeks to come up with that?

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Evans retaining 5% stake on 11:35 - May 22 with 552 viewsWonTheCupin78

Evans retaining 5% stake on 16:13 - May 21 by TieDyedIn95

I think this more to do with recouping his losses than anything else.


How on earth did you even find this thread??
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Evans retaining 5% stake on 11:48 - May 22 with 533 viewsElephantintheRoom

Tongue in cheek post presumably?

I'm afraid nobody seems to be reading the small print of this fire sale to the debt pedallers.

Town are effectively owned by a fire and brimstone preaching ,ohio-based property investor called Ed Schwarz. His investment vehicle owns 90% of the debt that bought Town. Evans owns 5% - a sort of sell on clause that costs him nothing and might get him £20 million.

So how much of the debt that bought Town is owned by the people that we're hearing so much from? Erm - 5% is it not? Those three bull merchants own no more of Town than Evans.

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Evans retaining 5% stake on 12:03 - May 22 with 510 viewsRadlett_blue

Evans retaining 5% stake on 16:13 - May 21 by TieDyedIn95

I think this more to do with recouping his losses than anything else.


It's a small, speculative investment which might get Evans some of his money back if Town become the next Leicester City.

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Evans retaining 5% stake on 12:06 - May 22 with 509 viewsChurchman

Evans retaining 5% stake on 11:48 - May 22 by ElephantintheRoom

Tongue in cheek post presumably?

I'm afraid nobody seems to be reading the small print of this fire sale to the debt pedallers.

Town are effectively owned by a fire and brimstone preaching ,ohio-based property investor called Ed Schwarz. His investment vehicle owns 90% of the debt that bought Town. Evans owns 5% - a sort of sell on clause that costs him nothing and might get him £20 million.

So how much of the debt that bought Town is owned by the people that we're hearing so much from? Erm - 5% is it not? Those three bull merchants own no more of Town than Evans.


You keep trotting this stuff out. Zzz. Anyway, well done on your boys making it to the Premier League again. A long happy summer for you and sellers of Sherry near Delia’s hovel.
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Evans retaining 5% stake on 13:22 - May 22 with 460 viewsJ2BLUE

Evans retaining 5% stake on 11:48 - May 22 by ElephantintheRoom

Tongue in cheek post presumably?

I'm afraid nobody seems to be reading the small print of this fire sale to the debt pedallers.

Town are effectively owned by a fire and brimstone preaching ,ohio-based property investor called Ed Schwarz. His investment vehicle owns 90% of the debt that bought Town. Evans owns 5% - a sort of sell on clause that costs him nothing and might get him £20 million.

So how much of the debt that bought Town is owned by the people that we're hearing so much from? Erm - 5% is it not? Those three bull merchants own no more of Town than Evans.


The Three Lions own more of Town than most board members own of the clubs they are at.

Truly impaired.
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