Everton FC

Everton Shareholders renew AGM return calls

Everton shareholders have renewed calls for the club to reinstate its General Meeting.

An obligation to hold the annual event was removed from the club’s articles of association in January 2022 with the resolution formally passed a month later.

Discussions about their possible return were held in a Zoom call with the Everton Shareholders Association, Farhad Moshiri and Bill Kenwright last summer.

It was claimed neither the Blues’ majority shareholder or chairman objected to the proposal, which would see the meetings return after a 12-month hiatus.

But the Shareholders Association revealed on Thursday that CEO Denise Barrett-Baxendale informed them that club currently have no intentions of reinstating them.

“Everton Shareholders’ Association is disappointed and concerned that despite the chair of the board of Everton Football Club, Bill Kenwright and majority shareholder Farhad Moshiri, saying in a Zoom meeting of July 2022 that they have no objections to having Annual General Meetings, no meeting has taken place for more than two years,” the statement read.

“The club via its chief executive has indicated that it has no intention at this time of reinstating General Meetings.

“The Shareholders Association, shareholders in general and the wider fan-base are disappointed by the board’s decision.

“We respectively request the chair, and the majority shareholder, to exercise their authority, remembering that General Meetings are a decision for Shareholders and not employees of Everton Football Club, to commit to a General Meeting before the end of the current financial year.”