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Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch
2023-06-23 17:53
UK top bosses earn 118 times pay of workers: study
UK top bosses earn 118 times pay of workers: study
Bosses running Britain's biggest listed companies enjoyed payrises of 16 percent last year as workers' wages struggled with the worst cost of living crisis in...
2023-08-22 17:55
Binance, SEC reach agreement to keep US customer assets in country
Binance, SEC reach agreement to keep US customer assets in country
Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday.
2023-06-19 02:52
RobotLAB to Hold “AI, Robotics & the Future of Work” Summit
RobotLAB to Hold “AI, Robotics & the Future of Work” Summit
DALLAS--(BUSINESS WIRE)--Jul 5, 2023--
2023-07-05 19:18
Tesco Sees Signs UK Inflation Starting to Ease as Sales Rise
Tesco Sees Signs UK Inflation Starting to Ease as Sales Rise
Tesco Plc Chief Executive Officer Ken Murphy said he’s seeing signs that grocery inflation is starting to ease
2023-06-16 14:48
DeSantis Anti-Drag Law Sparks a Debate Over Parental Rights
DeSantis Anti-Drag Law Sparks a Debate Over Parental Rights
Orlando mom Alicia Aleman says Florida’s new law restricting drag performance when children are present has already messed
2023-06-07 04:46
Argentina set to hike interest rate after Milei election win, bank sources say
Argentina set to hike interest rate after Milei election win, bank sources say
By Jorge Otaola BUENOS AIRES Argentina's central bank is expected to adjust its benchmark interest rate that is
2023-11-24 00:27
China's new home prices extend declines, defying broader recovery
China's new home prices extend declines, defying broader recovery
By Liangping Gao and Ryan Woo BEIJING (Reuters) -China's new home prices fell for the third straight month in September,
2023-10-19 11:51
Starbucks' former CEO Schultz to retire from board
Starbucks' former CEO Schultz to retire from board
Starbucks said on Wednesday former CEO Howard Schultz would step down from the company's board after 41 years
2023-09-14 04:58
Bayern Munich sign two huge names amid Kane transfer saga
Bayern Munich sign two huge names amid Kane transfer saga
Bayern Munich might be on the verge of buying England captain Harry Kane in a sensational €100m deal – but it has just made two very different signings. The German football club has just announced that Prime, the energy drink created by YouTube personality KSI and Logan Paul, is its “hydration sponsor”. The multi-year deal will see Prime Hydration sold at the Allianz Arena on match days, and the brand plans to expand retail operations in the German market later in the year and launch FC Bayern X Prime limited edition bottles. Sign up to our free Indy100 weekly newsletter “FC Bayern is delighted to partner with Prime and bring the company to the German market.” said executive board member Andreas Jung. “This partnership with a young, dynamic brand confirms our global growth and aims to reach a new audience for FC Bayern.” “It has been truly special to watch Prime grow so exponentially over the last year, but growth doesn’t happen without partners like FC Bayern Munich,” said Prime co-founders, Logan Paul and KSI, in a statement. “We are so excited to work with such an established and successful group of individuals and we look forward to hydrating all parts of this star club.” Prime has drawn criticism in recent months after doctors said it contained too much caffeine for children under the age of 16 – one of its major markets – to drink in large quantities. The Prime website and Prime Energy label both warn that the drink is not recommended for children under age 18, people sensitive to caffeine, pregnant women or women who are nursing. US Senate Majority Leader Chuck Schumer even called on regulators to investigate the company. The drink brand has become so popular, particularly with children and teenagers, that they are often being sold for 10 times their retail price on eBay. There is now even a tracker app that allows customers to verify stock before visiting stores. On Twitter last year, KSI – real name Olajide Olayinka Williams Olatunji – added that the beverage was being sold on the “black market”. The YouTuber shared screenshots of bottles being sold for £15 on eBay and said: “This annoys me so much. We’re trying so hard to increase the supply as much as possible to try and combat the black-market selling. “Me and Logan ain’t made any money from Prime. It’s all going back into the business to increase the supply. We’re trying people.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-10 23:22
Investors expected to vote against Brookfield's $10.6 billion bid for Australia's Origin Energy
Investors expected to vote against Brookfield's $10.6 billion bid for Australia's Origin Energy
By Scott Murdoch and Lewis Jackson SYDNEY A Brookfield-led consortium's A$16.3 billion ($10.61 billion) bid for Origin Energy
2023-11-23 04:18
US job openings unexpectedly grew in August
US job openings unexpectedly grew in August
The number of job openings at US employers unexpectedly surged in August, a testament to the continued strength of the labor market, according to new data released Tuesday by the Bureau of Labor Statistics.
2023-10-03 22:29