Like many other owners of clubs in the Premier League, Everton’s Bill Kenwright has been watching the happenings at Manchester City with a mixture of fear, concern, resignation and jealousy. He knows that he cannot possibly compete against the likes of Chelsea and Manchester City when it comes to attracting the best players to the club.
He told an Extraordinary General Meeting at Everton, “I’m a pauper when it comes to other chairmen. I want Everton to have a billionaire, but it is not me. My shares have been for sale from the day I bought in. Now Arabs have bought Man City, making it even more difficult for Everton. I cannot go on like this, we need a new owner and we will continue to try to find one. I cannot see an alternative. This summer’s transfer window has been the worst and most difficult I can remember. Every year it becomes more difficult to find the money. It is impossible to continue in the financial way we are at the moment.”
This is a scenario being played out up and down the country as clubs try to come to terms with what has gone at the City of Manchester Stadium.
Many people will feel that it is not worth taking part if you cannot compete. The latest developments will have left some of those looking for a way out.
(Source – BBC)
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