ALK Capital or Farnell/Elkashashy takeover

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jojomk1
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Re: ALK Capital...

Post by jojomk1 » Thu Oct 01, 2020 9:14 pm

Have we signed anyone yet ?

Gordaleman
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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 9:15 pm

bfcmik wrote:
Thu Oct 01, 2020 9:08 pm
Because there are TWO River Calders, each with a valley, which flow downhill in opposite directions from a point only a few dozen feet apart in the Cliviger Gorge. One to the North Sea via Hebden Bridge and Halifax and one to the Irish Sea via Burnley, Padiham and the River Ribble.
Thank God for someone with a brain. :P

And the Halifax one is the best known because of it's Parliamentary constituency.
Last edited by Gordaleman on Thu Oct 01, 2020 9:17 pm, edited 1 time in total.

NewClaret
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Re: ALK Capital...

Post by NewClaret » Thu Oct 01, 2020 9:17 pm

Rileybobs wrote:
Thu Oct 01, 2020 9:02 pm
I think it was always unlikely that the owner of a building would be privy to the private business affairs of his tenants.
Wasn’t suggesting they’d have confided the finer details of the deal :lol: :lol: :lol: , just that landlords tend to do a lot of DD on a tenants taking space (depending how much & for how long) so there may have been some interesting information shared. Clearly either a Rothschild or Pinsents client though.

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Re: ALK Capital...

Post by CrosspoolClarets » Thu Oct 01, 2020 9:21 pm

Duffer_ wrote:
Thu Oct 01, 2020 8:26 pm
You make it sound so appealing. How do I invest? :D
Not appealing to me from a fan’s perspective, but I could see the logic, IF the numbers stacked up.

The reason I seem a bit down on it from a business perspective is that I’d assume it wouldn’t make money, due to us only having <20,000 crowds. But I may be wrong. Interest on debt is a big part of the costs of this kind of thing.

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Re: ALK Capital...

Post by CrosspoolClarets » Thu Oct 01, 2020 9:36 pm

Gordaleman wrote:
Thu Oct 01, 2020 8:40 pm
"Who knows, maybe this will be their plan, perhaps actually in the Calder Valley"

Well I'm not trekking over to Halifax to watch Burnley every couple of weeks. ;)
Indeed, yes I used to work in it.

I meant to type Calder Vale of course, meaning the area just off the M65, but I was only being tongue in cheek as to location, though I was seriously pondering the merits of the business case.

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Re: ALK Capital...

Post by arise_sir_charge » Thu Oct 01, 2020 9:52 pm

Gordaleman wrote:
Thu Oct 01, 2020 9:15 pm
Thank God for someone with a brain. :P

And the Halifax one is the best known because of it's Parliamentary constituency.
Based on your contributions to this thread, especially in relation to Calder Vale, I’d keep your brains comments to yourself.

You’re one of them that thinks they know everything about anything but in reality know nothing about everything.

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Re: ALK Capital...

Post by claretgilly » Thu Oct 01, 2020 9:53 pm

NewClaret wrote:
Thu Oct 01, 2020 8:47 pm
I know the owner of that building, I’ll do some digging...
😂😂😂

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 9:59 pm

Whatever will be will be and there's not much any of us can do about it.

Still find it surprising that a company registered in Leeds (Calder Valley country.) and supposedly connected to Burnley, would call themselves Calder Vale.

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Re: ALK Capital...

Post by arise_sir_charge » Thu Oct 01, 2020 10:02 pm

Gordaleman wrote:
Thu Oct 01, 2020 9:59 pm
Whatever will be will be and there's not much any of us can do about it.

Still find it surprising that a company registered in Leeds (Calder Valley country.) and supposedly connected to Burnley, would call themselves Calder Vale.
You can’t see the wood for the trees. Don’t confuse yourself about it.

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 10:07 pm

arise_sir_charge wrote:
Thu Oct 01, 2020 10:02 pm
You can’t see the wood for the trees. Don’t confuse yourself about it.
I've noticed before that you're very good at personal insults. Maybe you should take a degree? You could be one of Trump's advisors.

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Re: ALK Capital...

Post by Reecey1987 » Thu Oct 01, 2020 10:10 pm

Gordaleman wrote:
Thu Oct 01, 2020 9:59 pm
Whatever will be will be and there's not much any of us can do about it.

Still find it surprising that a company registered in Leeds (Calder Valley country.) and supposedly connected to Burnley, would call themselves Calder Vale.
Burnley Rovers played at Calder Vale, changing code and becoming Burnley FC in 1882, moving to Turf Moor after an invitation from @BurnleyCC in 1883. Calder Vale Rugby Club founded in 1926, changed name to Burnley RUFC in 2002

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Re: ALK Capital...

Post by claretgilly » Thu Oct 01, 2020 10:11 pm

It’s Pinsents, they’re named on the Companies House docs. They’ll be advising Alan Pace and friends.

What is pretty clear is they’ve registered a new company locally and with the news reports about the takeover, it feels like progress. The company’s name, its registered office address and certainly the landlord is not something anyone needs to analyse in such detail, means nowt.

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 10:11 pm

Reecey1987 wrote:
Thu Oct 01, 2020 10:10 pm
Burnley Rovers played at Calder Vale, changing code and becoming Burnley FC in 1882, moving to Turf Moor after an invitation from @BurnleyCC in 1883. Calder Vale Rugby Club founded in 1926, changed name to Burnley RUFC in 2002
Yes, we know. I guess you've come late to this thread? ;)

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Re: ALK Capital...

Post by Reecey1987 » Thu Oct 01, 2020 10:14 pm

Gordaleman wrote:
Thu Oct 01, 2020 10:11 pm
Yes, we know. I guess you've come late to this thread? ;)
no i have been following it all the way through . I dont understand why you keep repeating yourself when posters keep telling you the same thing is it not clicking up there with the name

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Re: ALK Capital...

Post by ClaretTony » Thu Oct 01, 2020 10:17 pm

Gordaleman wrote:
Thu Oct 01, 2020 10:11 pm
Yes, we know. I guess you've come late to this thread? ;)
Why keep making comments like that when people are trying to explain your misunderstanding?

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 10:19 pm

Reecey1987 wrote:
Thu Oct 01, 2020 10:14 pm
no i have been following it all the way through . I dont understand why you keep repeating yourself when posters keep telling you the same thing is it not clicking up there with the name
I'm well aware of the name, it just surprises me that a new, supposedly progressive American company would use it in connection with Burnley FC. They are not exactly known for their knowledge of history.

It surprises me, that's all. As I said earlier, it doesn't mean it's not possible.

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Re: ALK Capital...

Post by claretgilly » Thu Oct 01, 2020 10:27 pm

You really think they came up with the name or give a toss what it is? It’s simply a UK company that would be a shareholder. The new owners would be ALK Capital, not Calder Vale Holdings/ABC Co/123 Co or whatever the hell they called this UK company
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Re: ALK Capital...

Post by Rileybobs » Thu Oct 01, 2020 10:30 pm

This is bizarre.

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Re: ALK Capital...

Post by ClaretAndJew » Thu Oct 01, 2020 10:32 pm

ALK Capital are actually just the vehicle in which the new owners will be driven.

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Re: ALK Capital...

Post by NewClaret » Thu Oct 01, 2020 10:35 pm

claretgilly wrote:
Thu Oct 01, 2020 10:11 pm
It’s Pinsents, they’re named on the Companies House docs. They’ll be advising Alan Pace and friends.
Well researched - eagle-eyed!

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Re: ALK Capital...

Post by Somethingfishy » Thu Oct 01, 2020 11:26 pm

Gordaleman wrote:
Thu Oct 01, 2020 10:19 pm
I'm well aware of the name, it just surprises me that a new, supposedly progressive American company would use it in connection with Burnley FC. They are not exactly known for their knowledge of history.

It surprises me, that's all. As I said earlier, it doesn't mean it's not possible.
Neither are you by the looks of things when it comes to the history of the football club you support...or even the geography of the town itself. :lol:

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Re: ALK Capital...

Post by Goobs » Thu Oct 01, 2020 11:36 pm

Nah he just expected the holding company to be named Futuristic intergalactic bees of Burnley plc or something of that sort.
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Re: ALK Capital...

Post by BenWickes » Fri Oct 02, 2020 5:41 am

Somethingfishy wrote:
Thu Oct 01, 2020 11:26 pm
Neither are you by the looks of things when it comes to the history of the football club you support...or even the geography of the town itself. :lol:
At least, he claims; he's not negative about us at all. Well apart from Brady but he doesn't count that apparently. :?
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Re: ALK Capital...

Post by OffTheBar » Fri Oct 02, 2020 8:17 am

Gordaleman wrote:
Thu Oct 01, 2020 10:19 pm
I'm well aware of the name, it just surprises me that a new, supposedly progressive American company would use it in connection with Burnley FC. They are not exactly known for their knowledge of history.

It surprises me, that's all. As I said earlier, it doesn't mean it's not possible.
Yes it’s obviously far more likely that someone supposedly interested in buying the club has set up a company for entirely different purposes and just so happens to have, by mere chance, named it after the club’s first ground.
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Re: ALK Capital...

Post by snapcrackleandpop » Fri Oct 02, 2020 11:20 am

Hopefully it will all in place for the January transfer window then.

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Re: ALK Capital...

Post by arise_sir_charge » Fri Oct 02, 2020 11:23 am

OffTheBar wrote:
Fri Oct 02, 2020 8:17 am
Yes it’s obviously far more likely that someone supposedly interested in buying the club has set up a company for entirely different purposes and just so happens to have, by mere chance, named it after the club’s first ground.
Exactly.

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Re: ALK Capital...

Post by gandhisflipflop » Fri Oct 02, 2020 11:34 am

snapcrackleandpop wrote:
Fri Oct 02, 2020 11:20 am
Hopefully it will all in place for the January transfer window then.
Ideally we need it done for this window however I do appreciate time is ticking.

MarkGreen
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Re: ALK Capital...

Post by MarkGreen » Fri Oct 02, 2020 11:51 am

Are takeover's subject to review & investigations from the Premier League?

I'm going off the failed acquisition of Newcastle. Could this mean that a takeover is further away than some people think?

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Re: ALK Capital...

Post by BurnleyFC » Fri Oct 02, 2020 12:22 pm

Can we not convince the Issa brothers that they’re Burnley fans instead?
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Re: ALK Capital...

Post by superdimitri » Fri Oct 02, 2020 12:45 pm

BurnleyFC wrote:
Fri Oct 02, 2020 12:22 pm
Can we not convince the Issa brothers that they’re Burnley fans instead?
Yes, if we change our kit to green and white and slap our butts every time we score.
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Re: ALK Capital...

Post by Danieljwaterhouse » Sat Oct 03, 2020 9:18 pm

If what I’ve been told tonight is even half true it’s wholly understandable why Dyche has been at ‘war’ with the chairman.

Player offers, yes offers, being accepted without the manager being consulted, Dyche threatened to walk in order to keep both.

One of the minor directors is openly touting the club to anyone who will listen, and is also at ‘war’ with the chairman.

Certain Directors only speaking via intermediaries

This is all second hand information, it is not claimed as being true, it was given to me in good faith.

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Re: ALK Capital...

Post by FactualFrank » Sat Oct 03, 2020 9:23 pm

Danieljwaterhouse wrote:
Sat Oct 03, 2020 9:18 pm
If what I’ve been told tonight is even half true it’s wholly understandable why Dyche has been at ‘war’ with the chairman.

Player offers, yes offers, being accepted without the manager being consulted, Dyche threatened to walk in order to keep both.

One of the minor directors is openly touting the club to anyone who will listen, and is also at ‘war’ with the chairman.

Certain Directors only speaking via intermediaries

This is all second hand information, it is not claimed as being true, it was given to me in good faith.
Annoyed.

So everything is ******. What a bloody surprise. As if we would have people who have a bit about them - shock horror!

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Re: ALK Capital...

Post by Murger » Sat Oct 03, 2020 9:29 pm

Danieljwaterhouse wrote:
Sat Oct 03, 2020 9:18 pm
If what I’ve been told tonight is even half true it’s wholly understandable why Dyche has been at ‘war’ with the chairman.

Player offers, yes offers, being accepted without the manager being consulted, Dyche threatened to walk in order to keep both.

One of the minor directors is openly touting the club to anyone who will listen, and is also at ‘war’ with the chairman.

Certain Directors only speaking via intermediaries

This is all second hand information, it is not claimed as being true, it was given to me in good faith.
If true, the board need to sell up and **** off.

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Re: ALK Capital...

Post by Danieljwaterhouse » Sat Oct 03, 2020 9:33 pm

Murger wrote:
Sat Oct 03, 2020 9:29 pm
If true, the board need to sell up and **** off.
If true is the key point! It certainly links to the narrative we’ve seen play out in the media eye!

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Re: ALK Capital...

Post by ewanrob » Sat Oct 03, 2020 9:33 pm

If correct....How on earth has it got to this, always said it...Cornershop mentality

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Re: ALK Capital...

Post by Wokingclaret » Sat Oct 03, 2020 9:34 pm

Well Dyche is still here

No players have left...in the last few weeks

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Re: ALK Capital...

Post by Longsider » Sat Oct 03, 2020 9:43 pm

Not wanting to sound too negative but given our start they might be better off investing in something else

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Re: ALK Capital...

Post by DCWat » Sat Oct 03, 2020 9:43 pm

It’s sounding more and more like a takeover is needed, and not just for any money that it may bring into the club. If there’s any truth in this, Garlick must have lost is marbles.

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Re: ALK Capital...

Post by Stevie Morgan » Sat Oct 03, 2020 9:45 pm

DCWat wrote:
Sat Oct 03, 2020 9:43 pm
It’s sounding more and more like a takeover is needed, and not just for any money that it may bring into the club. If there’s any truth in this, Garlick must have lost is marbles.
I'm afraid all the things we are hearing are the hallmarks of teams who are relegated. The club is going rotten and you can now see it on the pitch.

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Re: ALK Capital...

Post by summitclaret » Sat Oct 03, 2020 10:01 pm

I think Garlick has ****** on his chips. About to net £100m and too cautious to replace Gibson and buy a right winger. No chance now.

We are Burnley we will fight on but I think we need a miracle to stay up this year based on what we have seen so far. We need us Clarets behind the lads on the Turf asap.

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Re: ALK Capital...

Post by Dark Cloud » Sat Oct 03, 2020 10:10 pm

ALK will be off into the sunset and viewing Torquay or Carlisle or Northampton or in fact bloody anywhere, but no way they'll be buying us having watched that utter dross as they've seen a sure fire way to lose a few million quid!!

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Re: ALK Capital...

Post by NewClaret » Sat Oct 03, 2020 10:19 pm

Dark Cloud wrote:
Sat Oct 03, 2020 10:10 pm
ALK will be off into the sunset and viewing Torquay or Carlisle or Northampton or in fact bloody anywhere, but no way they'll be buying us having watched that utter dross as they've seen a sure fire way to lose a few million quid!!
They’ll certainly hold fire now. Would be daft not to.

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Re: ALK Capital...

Post by Danieljwaterhouse » Sat Oct 03, 2020 10:22 pm

Be mindful the club is a doorway, not the final piece of the jigsaw.

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Re: ALK Capital...

Post by Dark Cloud » Sat Oct 03, 2020 10:23 pm

NewClaret wrote:
Sat Oct 03, 2020 10:19 pm
They’ll certainly hold fire now. Would be daft not to.
Agreed and if they do choose to go ahead, whatever Garlick was expecting to bank from the sale, he will need to seriously downsize!

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Re: ALK Capital...

Post by Stevie Morgan » Sat Oct 03, 2020 10:37 pm

Dark Cloud wrote:
Sat Oct 03, 2020 10:23 pm
Agreed and if they do choose to go ahead, whatever Garlick was expecting to bank from the sale, he will need to seriously downsize!
Good. Greedy ****.
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Re: ALK Capital...

Post by DCWat » Sat Oct 03, 2020 10:49 pm

Danieljwaterhouse wrote:
Sat Oct 03, 2020 10:22 pm
Be mindful the club is a doorway, not the final piece of the jigsaw.
I wish they’d open the bloody door then!!

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Re: ALK Capital...

Post by CrosspoolClarets » Sat Oct 03, 2020 11:10 pm

Feels like I am very close to being proven right on my instincts over the last 5 years, about the club finances and everything associated with it. I take no pleasure in it other than it being nice to feel instincts are well honed.

Those of us working in finance can read the signs - balance sheet figures, communication from the board, manager comments etc. I’ve lost count of the number of arguments I’ve had on here with people who love the board to bits. I’ve always given them a bit of praise, but always guessed it was keeping a steady ship with an eye on a lucrative sale. Not saying that’s the wrong thing to do, and not saying the club isn’t loved by them, but family will be loved more, so looking after themselves would always come first, us second.

Like I say, nothing wrong with it, just depressing. For the first time in 30+ years, I can feel my own attachment to it starting to slip away - I hope that’s just an illusion. Our kid asked me today why they should support Burnley 2 hours away instead of their local team - I struggled to answer it.
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Re: ALK Capital...

Post by Vegas Claret » Sat Oct 03, 2020 11:12 pm

NewClaret wrote:
Sat Oct 03, 2020 10:19 pm
They’ll certainly hold fire now. Would be daft not to.
serious investors won't be put off by a few defeats - we are only 3 points behind Man United and 4 behind Man City !

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Re: ALK Capital...

Post by Stevie Morgan » Sat Oct 03, 2020 11:16 pm

CrosspoolClarets wrote:
Sat Oct 03, 2020 11:10 pm
Feels like I am very close to being proven right on my instincts over the last 5 years, about the club finances and everything associated with it. I take no pleasure in it other than it being nice to feel instincts are well honed.

Those of us working in finance can read the signs - balance sheet figures, communication from the board, manager comments etc. I’ve lost count of the number of arguments I’ve had on here with people who love the board to bits. I’ve always given them a bit of praise, but always guessed it was keeping a steady ship with an eye on a lucrative sale. Not saying that’s the wrong thing to do, and not saying the club isn’t loved by them, but family will be loved more, so looking after themselves would always come first, us second.

Like I say, nothing wrong with it, just depressing. For the first time in 30+ years, I can feel my own attachment to it starting to slip away - I hope that’s just an illusion. Our kid asked me today why they should support Burnley 2 hours away instead of their local team - I struggled to answer it.
Sad, but understandable. The truth is the last few years have been as good as it is ever going to get for Burnley fans. Now it looks as though it might be coming to an end, we're desperate to cling on, and we realise it might never be as good again.

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Re: ALK Capital...

Post by NewClaret » Sat Oct 03, 2020 11:19 pm

Vegas Claret wrote:
Sat Oct 03, 2020 11:12 pm
serious investors won't be put off by a few defeats - we are only 3 points behind Man United and 4 behind Man City !
I’d agree if we had addressed the obvious issues in our squad. As it happens, we haven’t and it will be January before ALK would get that opportunity. If I were them I’d string it out just to be on the safe side.

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