ALK Capital or Farnell/Elkashashy takeover
Re: ALK Capital...
Were they not the preferred choice of McCabe and was this not a reason for his fall out with the co chairman / owner, or have I made that up?
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Re: ALK Capital...
ALK are the type of Private Equity business that I have been posting about most of the year on the MMT thread - you may consider given their technology ownership that they see Burnley as a perfect vehicle for vertical integration and proving of their technology - much in the same way as operates at Brentford and Brighton - the difference being that the owners of Brentford and Brighton are life-long fans of their clubs.
I am naturally cautious when it comes to our club, like many - for now I am going to look to look into the experience and Real Salt Lake to see if I can learn anything
I am naturally cautious when it comes to our club, like many - for now I am going to look to look into the experience and Real Salt Lake to see if I can learn anything
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Re: ALK Capital...
From this quote on their website, Burnley seems like ideal club for them given our investment and achievements in community engagement:
'Businesses are built-in communities and serve as a way to improve the people and facilities around them. ALK holds and invests in companies with strong commitments to communities and looks to weave their investments even further into the fabric of the community.'
'Businesses are built-in communities and serve as a way to improve the people and facilities around them. ALK holds and invests in companies with strong commitments to communities and looks to weave their investments even further into the fabric of the community.'
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Re: ALK Capital...
Easy - McCabe lost the court case of ownershipVegas Claret wrote: ↑Wed Sep 23, 2020 4:39 pmdoes anyone know why they failed in their pursuit of Sheff Utd ?
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Re: ALK Capital...
Alan Pace is very big on technology in football, so I would expect data driven analytics to become even more high profile and in the Covid-19 era that may be the way forward, let us be honest our scouting recently has been 2 out of 10, tops. Dyche would seem to fit right in with this way of thinking.
He has apparently been trying to buy a Premier League club for at least 18 months and narrowly failed to buy the Blades last year. I say him, but I don’t know if he would be the “owner” or a front man for an investor group.
Personally, we are hanging on by our fingertips at the moment, a deal like this could give us another ten years at the top table. It may not, but the way I see it, we have nothing to lose.
He has apparently been trying to buy a Premier League club for at least 18 months and narrowly failed to buy the Blades last year. I say him, but I don’t know if he would be the “owner” or a front man for an investor group.
Personally, we are hanging on by our fingertips at the moment, a deal like this could give us another ten years at the top table. It may not, but the way I see it, we have nothing to lose.
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Re: ALK Capital...
yeah he is the guy behind AIscoutCrosspoolClarets wrote: ↑Wed Sep 23, 2020 4:46 pmAlan Pace is very big on technology in football, so I would expect data driven analytics to become even more high profile and in the Covid-19 era that may be the way forward, let us be honest our scouting recently has been 2 out of 10, tops. Dyche would seem to fit right in with this way of thinking.
He has apparently been trying to buy a Premier League club for at least 18 months and narrowly failed to buy the Blades last year. I say him, but I don’t know if he would be the “owner” or a front man for an investor group.
Personally, we are hanging on by our fingertips at the moment, a deal like this could give us another ten years at the top table. It may not, but the way I see it, we have nothing to lose.
Re: ALK Capital...
But they will only benefit financially if the club is successful!
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Re: ALK Capital...
my only fear in any of this is that they takeover and say "we want our own man to manage the team" and they get rid of Dyche in some grand statement and bring in someone like Zola !!! That would be suicide for them to do that
Re: ALK Capital...
If it improves the club and moves us forward I'd welcome anything.
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Re: ALK Capital...
Don't think they can invest in another club, could be wrong on that. From what I know which is the very basics. They sought meetings with local and county council authorities a good while ago now about their plans after initial talks with BFC. One would assume some sort of involvement in other business. I'm not au fait with it other than knowing the night before the Blades game that those meetings had been fruitful and an announcement was due soon. I was told that the night before the Blades game and posted as such. An announcement was made about eToro and Dafabet but was informed that wasn't the announcement. It's all on the Sheff Utd match thread. From what I gather, Greater Manchester and the NW is attractive. That's all I know.
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Re: ALK Capital...
Would have been very difficult buying them given the problems with the then two joint ownersVegas Claret wrote: ↑Wed Sep 23, 2020 4:39 pmdoes anyone know why they failed in their pursuit of Sheff Utd ?
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Re: ALK Capital...
Investment companies are exactly what it says on the tin - they invest for success then sell for a higher value. I would much rather be run by an investment firm with a serious business plan than some random rich bloke who could get bored at any moment - that's when you see the major issues.
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Re: ALK Capital...
I don't think the club would be in danger of losing it's identity, other clubs with backers haven't. If we are to progress and become more successful then yes we do need backers, the biggest worry is how much say they'd have in the running of the club, the manager we have and any future signings.
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Re: ALK Capital...
yeah I was just reading about it, not something I had previously paid much attention too.ClaretTony wrote: ↑Wed Sep 23, 2020 4:54 pmWould have been very difficult buying them given the problems with the then two joint owners
What are you thoughts CT, investment required at this stage ?
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Re: ALK Capital...
Investment isn’t something I have demanded either.
My concern from any investor is how do they make a profit out of a club like Burnley?
Land we own isn’t valuable, we won’t get 50k a week on the gate. So how do you make the sort of profit needed to attract an investor?
Examples of how this can go wrong exist further down the M65
My concern from any investor is how do they make a profit out of a club like Burnley?
Land we own isn’t valuable, we won’t get 50k a week on the gate. So how do you make the sort of profit needed to attract an investor?
Examples of how this can go wrong exist further down the M65
Last edited by Burnleyareback2 on Wed Sep 23, 2020 4:57 pm, edited 1 time in total.
Re: ALK Capital...
So they're highly unlikely to do it!Vegas Claret wrote: ↑Wed Sep 23, 2020 4:51 pmmy only fear in any of this is that they takeover and say "we want our own man to manage the team" and they get rid of Dyche in some grand statement and bring in someone like Zola !!! That would be suicide for them to do that
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Re: ALK Capital...
I agree !! But let me have one irrational fear Leisure !!
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Re: ALK Capital...
Spend all summer moaning about lack of investment now start moaning about potential investment! This forum never disappoints!
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Re: ALK Capital...
Would Garlick remain on the Board-thats important to most fans. We definitely need the prospect of investment-we have been running on EMPTY too long, luckily we have had a good driver
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Re: ALK Capital...
not really, they knew nothing about football, potted all the people that did and brought in their own superstar Shebby !!Burnleyareback2 wrote: ↑Wed Sep 23, 2020 4:57 pmInvestment isn’t something I have demanded either.
My concern from any investor is how do they make a profit out of a club like Burnley?
Land we own isn’t valuable, we won’t get 50k a week on the gate. So how do you make the sort of profit needed to attract an investor?
Examples of how this can go wrong exist further down the M65
These guys are specifically sport investors, the guy heading it up is Alan Pace......have a read of this, they know about football !!
https://www.sportbusiness.com/news/alk- ... ayer-lens/
Re: ALK Capital...
When Venky's took over Rovers they got rid of Big Sam....
And appointed Steve Kean...
That worked out well for them!
And appointed Steve Kean...
That worked out well for them!
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Re: ALK Capital...
Definite hints of a bit of moneyball with that scouting platform. Not necessarily a criticism from me, I’ve felt for a while the only way we can keep our heads above water financially in this division is through player trading.Vegas Claret wrote: ↑Wed Sep 23, 2020 5:02 pmnot really, they knew nothing about football, potted all the people that did and brought in their own superstar Shebby !!
These guys are specifically sport investors, the guy heading it up is Alan Pace......have a read of this, they know about football !!
https://www.sportbusiness.com/news/alk- ... ayer-lens/
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Re: ALK Capital...
Would certainly test Dyche’s prevalence for the correct mentality in his footballers. Such a company with ties into this scouting software would no doubt want to prove concept of their system, no doubt acquiring players for Dyche to fit into a team.
I could see Dyche walking as his control is weakened.
I could see Dyche walking as his control is weakened.
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Re: ALK Capital...
no one would be daft enough to that!Vegas Claret wrote: ↑Wed Sep 23, 2020 4:51 pmand they get rid of Dyche in some grand statement and bring in someone like Zola !!!
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Re: ALK Capital...
From what I understand. We're a low risk investment. They're looking to invest in the surrounding area. Your main concern may be Turf Moor rather than the investment part.Burnleyareback2 wrote: ↑Wed Sep 23, 2020 4:57 pmInvestment isn’t something I have demanded either.
My concern from any investor is how do they make a profit out of a club like Burnley?
Land we own isn’t valuable, we won’t get 50k a week on the gate. So how do you make the sort of profit needed to attract an investor?
Examples of how this can go wrong exist further down the M65
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Re: ALK Capital...
You mean agent Keane.
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Re: ALK Capital...
Well I wouldn't worry too much yet as it's unlikely to happen any time soon. This company will want overall control and Mike Garlick has always said that the current board would only consider a takeover for less than 50%.martin_p wrote: ↑Wed Sep 23, 2020 4:32 pmNot really, it’s the type of company that is potentially taking over that gives me the worries and that’s out in the open so worthy of comment. If this was someone how had an interest in football and specifically Burnley Football Club rather than just making money then I’d be happier.
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Re: ALK Capital...
and that is how they will make their money, put the value of the club up and then probably sell it once we've won the league
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Re: ALK Capital...
Mixed feelings I would say. I'm a fan of almost 60 years (article ready next month) but I can see the problems we have without investment. It's all about getting the right investment. I do think though that it is now obvious to everyone that all is not well at the club.Vegas Claret wrote: ↑Wed Sep 23, 2020 4:55 pmyeah I was just reading about it, not something I had previously paid much attention too.
What are you thoughts CT, investment required at this stage ?
Re: ALK Capital...
Could scouting software not also include profiles of the individuals themselves?Darthlaw wrote: ↑Wed Sep 23, 2020 5:04 pmWould certainly test Dyche’s prevalence for the correct mentality in his footballers. Such a company with ties into this scouting software would no doubt want to prove concept of their system, no doubt acquiring players for Dyche to fit into a team.
I could see Dyche walking as his control is weakened.
Re: ALK Capital...
People can't truly believe in their community 'aspirations', can they? I mean, come on. Don't roll over for money making f.uckers so easily. Have a bit more self respect than that. Receive their money if you will, but don't be so gullible as to believe they actually give a pi$$ about the place. Council meetings? Ha! Box ticking exercise.
Re: ALK Capital...
and the Champions League!Vegas Claret wrote: ↑Wed Sep 23, 2020 5:10 pmand that is how they will make their money, put the value of the club up and then probably sell it once we've won the league
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Re: ALK Capital...
Sure.
The question arises when you have a bit of a rogue who has good stats / potential. A scouting firm will want to show they can unearth the next gem for proof of concept and/or to sell on for a profit.
The interest of the ownership could easily override that of the managers desire to prove their product.
Imagine someone like Ravel Morrison earlier in his career, though.
It’s not unreasonable to suggest Dyche could bring them in line (like Barton), but whether he’d be happy to relinquish that control? Who knows.
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Re: ALK Capital...
It's called due diligence and was at the request of BFC. They may/may not care about the local community but they still have to persuade parties, not just BFC about their intentions.Spiral wrote: ↑Wed Sep 23, 2020 5:13 pmPeople can't truly believe in their community 'aspirations', can they? I mean, come on. Don't roll over for money making f.uckers so easily. Have a bit more self respect than that. Receive their money if you will, but don't be so gullible as to believe they actually give a pi$$ about the place. Council meetings? Ha! Box ticking exercise.
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Re: ALK Capital...
Natural to be sceptical about their motivations, but ultimately they'll only make money by making the club more successful.
If the plan is to use the club as a showcase for their AI scouting systems and bring through undiscovered talent, then that would seem to fit very well with the identity of the club. I imagine its something that SD might find appealing as well.
If the plan is to use the club as a showcase for their AI scouting systems and bring through undiscovered talent, then that would seem to fit very well with the identity of the club. I imagine its something that SD might find appealing as well.
Re: ALK Capital...
Comparisons with Fulham and Villa are unrealistic if we’re assuming this lot are in it for the money, as opposed to status.
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Re: ALK Capital...
If this comes through....
Hiya Kieran Trippier, how you doing?
Hiya Kieran Trippier, how you doing?
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Re: ALK Capital...
Their are already legal cases going on around GDPR and players not being paid for the data that has been collated and used on them (there is a belief it is in a similar context to image rights)
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Re: ALK Capital...
I should rise above it, I should be the bigger person, and I shouldn’t bask in the disappointment of those who belittle, BUT now it’s in the media.....
I’ll start taking apologies....
I’ll start taking apologies....
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Re: ALK Capital...
Let's start by saying until a few minutes ago I'd never heard of ALK Capital or Alan Pace. However, this investment can make sense for everyone. From ALK's angle they will make their money in the opportunities that arise in the Northern Powerhouse. Ownership of Burnley will be part of the "facilitation" of their presence in the area. Who knows, it might be the start of building a Ribble Silicon Valley - there's lots on here who have already got the ability to use a key board, maybe add to programming skills and creative skills and the Weavers' Triangle of Burnley will start to dominate the digital world.Burnleyareback2 wrote: ↑Wed Sep 23, 2020 4:57 pmInvestment isn’t something I have demanded either.
My concern from any investor is how do they make a profit out of a club like Burnley?
Land we own isn’t valuable, we won’t get 50k a week on the gate. So how do you make the sort of profit needed to attract an investor?
Examples of how this can go wrong exist further down the M65
From his LinkedIn profile, Alan Pace studied for his MBA in Barcelona in the early 90s - and was introduced to the "beautiful game" at the Nou Camp. His investment banking experience, with Lehman Bros, 1994-2006 and Citi, 2008-2019, will be an asset, not just for leading ownership of BFC, but also for investment in the Northern Powerhouse. (His business experience isn't a "million miles" away from Mike Garlick's and John B's).
I hope this comes off for Mike Garlick and John B and all of Burnley Football Club, including Sean Dyche, the players and the fans. It will make everything that little bit more exciting watching the Millwall game this evening.
UTC
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Re: ALK Capital...
We need investment to maintain our current level, nevermind move onwards.
I can see how, with our newly minted Cat 1 Academy, we would be looked at as an ideal breeding ground for the development of talent they can identify. We have a track record in McNeil of taking undervalued players and turning them into one of the top young EPL talents.
I can see how, with our newly minted Cat 1 Academy, we would be looked at as an ideal breeding ground for the development of talent they can identify. We have a track record in McNeil of taking undervalued players and turning them into one of the top young EPL talents.
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Re: ALK Capital...
There is a significant opinion in the analytics sphere that Burnley are very good at it, if a little out of the norm in what they do (a necessity for it's size and budget), a club with that kind of reputation would be a good partner for what ALK does with it's technology development
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Re: ALK Capital...
We are open to it, at the least, which somewhat belies the stereotypical view of the town.Chester Perry wrote: ↑Wed Sep 23, 2020 5:22 pmThere is a significant opinion in the analytics sphere that Burnley are very good at it, if a little out of the norm in what they do (a necessity for it's size and budget), a club with that kind of reputation would be a good partner for what ALK does with it's technology development
Just imagine what the board thought, even more than what we believed, when that bloody banner went over the Etihad with this in mind
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Re: ALK Capital...
I hope he wasn’t anything to do with mortgagesPaul Waine wrote: ↑Wed Sep 23, 2020 5:21 pmHis investment banking experience, with Lehman Bros, 1994-2006
Re: ALK Capital...
Can you clarify you didn't text me last week during the Sheff Utd game DanielDanieljwaterhouse wrote: ↑Wed Sep 23, 2020 5:20 pmI should rise above it, I should be the bigger person, and I shouldn’t bask in the disappointment of those who belittle, BUT now it’s in the media.....
I’ll start taking apologies....
People on that thread seem to think we know each other. We just seem to have information from different fields that correlates.
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Re: ALK Capital...
The Board under Mike Garlick, together with the playing and admin team have been fantastic and put the Club in a position many of us thought to be impossible.
The uncertainty of future income streams and paucity of our Board compared to many of puts us in a position where we may no longer be able to sustain a Premier League club without significant outside investment.
I also fear relegation under current conditions would leave us unable to mount another promotion campaign because of financial restrictions.
The uncertainty of future income streams and paucity of our Board compared to many of puts us in a position where we may no longer be able to sustain a Premier League club without significant outside investment.
I also fear relegation under current conditions would leave us unable to mount another promotion campaign because of financial restrictions.
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Re: ALK Capital...
Mike G owns 49.x% and John B owns 28.x% - just under 80% between them. I'd assume it depends on the shape of the deal for everyone. Maybe ALK buys out all the 20% shareholders, and also buys a further 60% from Mike G and John B, leaving them with 20% between them. If that is the case, MG (and JB) could both remain on the board. Or, maybe one of both feel it's time for them to hand over to the new owners, with ALK bringing in other investors.warksclaret wrote: ↑Wed Sep 23, 2020 5:01 pmWould Garlick remain on the Board-thats important to most fans. We definitely need the prospect of investment-we have been running on EMPTY too long, luckily we have had a good driver
Exciting times for Burnley.
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Re: ALK Capital...
That initial 24 hours from when it occurred probably did more to improve the image/standing of the club around the world than much of our time in the Premier League, particularly our captain.ZizkovClaret wrote: ↑Wed Sep 23, 2020 5:25 pmWe are open to it, at the least, which somewhat belies the stereotypical view of the town.
Just imagine what the board thought, even more than what we believed, when that bloody banner went over the Etihad with this in mind
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