ALK Capital or Farnell/Elkashashy takeover

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Jakubs Tash » Thu Nov 26, 2020 9:26 pm

Leisure wrote:
Thu Nov 26, 2020 8:12 pm
Small Northern town, small club (capacity wise), not the highest wages, quite often favourites for relegation, outsiders view of us possibly being a racist area/club, lack of recognition by the press and TV, the view held by many (including some of our fans) that it'll be the end of Burnley if/when the manager leaves, etc. But of course I could be (and hope that I am) wrong. ;)
I get all of those reasons but I think many of them are probably quite naive given what the game is like these days. Taking players from foreign leagues as an example, I reckon 99% would jump at the chance of signing for any club that plays in the biggest and most exposed league in world football - even if it’s just to put themselves further in the shop window so the ‘top 6’ then take notice of them.

My original point of competing with those clubs financially meant if they were offering a player £70k a week then we could too and it was up to our recruitment team and manager to persuade the player to sign for us and live in luxury in Cheshire like the ‘superstars’ who play for Man City, Man Utd and Liverpool. It’s not like they need to rent accommodation in East Lancashire...

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Zlatan » Thu Nov 26, 2020 9:54 pm

Page 81...


Got in before gandhisflipflop :D
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by gawthorpe_view » Thu Nov 26, 2020 9:55 pm

Page 82 coming soon...

Thought I'd get in early :-)
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by MRG » Thu Nov 26, 2020 9:56 pm

We won’t get to 100 😉
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Thu Nov 26, 2020 10:01 pm

MRG wrote:
Thu Nov 26, 2020 9:56 pm
We won’t get to 100 😉
You shouldn't have posted that - we can soon get a rush of pointless posts. Been plenty already on this thread.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Stevie Morgan » Thu Nov 26, 2020 10:04 pm

ClaretTony wrote:
Thu Nov 26, 2020 10:01 pm
You shouldn't have posted that - we can soon get a rush of pointless posts. Been plenty already on this thread.
An object lesson in passive aggression 🤣

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by MRG » Thu Nov 26, 2020 10:07 pm

ClaretTony wrote:
Thu Nov 26, 2020 10:01 pm
You shouldn't have posted that - we can soon get a rush of pointless posts. Been plenty already on this thread.
Haha I’m being mischievous but I’m hearing we are now very very close, if not already done.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Top Claret » Thu Nov 26, 2020 10:08 pm

MRG wrote:
Thu Nov 26, 2020 9:56 pm
We won’t get to 100 😉
We will if they don't cough up the brass

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Paul Waine » Thu Nov 26, 2020 10:37 pm

MRG wrote:
Thu Nov 26, 2020 10:07 pm
Haha I’m being mischievous but I’m hearing we are now very very close, if not already done.
I'm hearing the price is all hanging on the result on Saturday - how many goals can we put past City - less any that get past BPF.

It's £10 million per goal - and whatever is added to the price for a win will be paid out from the Jan transfer window budget. It will resolve the question if we can win at the Etihad why do we need to bring anyone in in Jan? ;)

UTC

PS: If it's page 81 now, how many more posts do we need to get to 100 pages and can we do that before "It get's done?"

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Thu Nov 26, 2020 10:56 pm

Obviously things can still go wrong but I’ve been told tonight that it is just about done. If not, then at least another post towards the next page. :D
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by MRG » Thu Nov 26, 2020 10:59 pm

ClaretTony wrote:
Thu Nov 26, 2020 10:56 pm
Obviously things can still go wrong but I’ve been told tonight that it is just about done. If not, then at least another post towards the next page. :D
As per my post above, I’ve heard exactly the same. Exciting times ahead
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Leisure » Thu Nov 26, 2020 11:00 pm

arise_sir_charge wrote:
Thu Nov 26, 2020 9:04 pm
Some people revel in the “everything is **** mentality” and it’s prevalent in many posts on this thread.
Yeah, it's terrible that some fans have that attitude. Luckily I'm not one of them. :D
Last edited by Leisure on Thu Nov 26, 2020 11:01 pm, edited 1 time in total.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Somethingfishy » Thu Nov 26, 2020 11:00 pm

So when can we expect a press release or a conference?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by MRG » Thu Nov 26, 2020 11:01 pm

Somethingfishy wrote:
Thu Nov 26, 2020 11:00 pm
So when can we expect a press release or a conference?
Before Brady next plays a full 90 minutes
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jedi_master » Thu Nov 26, 2020 11:02 pm

ClaretTony wrote:
Thu Nov 26, 2020 10:56 pm
Obviously things can still go wrong but I’ve been told tonight that it is just about done. If not, then at least another post towards the next page. :D
Genuinely excited.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Father Jack » Thu Nov 26, 2020 11:25 pm

ClaretTony wrote:
Thu Nov 26, 2020 10:56 pm
Obviously things can still go wrong but I’ve been told tonight that it is just about done. If not, then at least another post towards the next page. :D
Does this mean ODT completed and passed by the Premier league.
Or deal agreed between the parties and then on to the ODT as the next step?
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by MRG » Thu Nov 26, 2020 11:27 pm

Father Jack wrote:
Thu Nov 26, 2020 11:25 pm
Does this mean ODT completed and passed by the Premier league.
Or deal agreed between the parties and then on to the ODT as the next step?
I’m hearing ‘everything’ is done. Sound’s like the American’s have been quietly going about their business behind all the hysteria of the Egyptian takeover
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by DCWat » Thu Nov 26, 2020 11:40 pm

MRG wrote:
Thu Nov 26, 2020 11:27 pm
I’m hearing ‘everything’ is done. Sound’s like the American’s have been quietly going about their business behind all the hysteria of the Egyptian takeover
That in itself gives me more hope than the Egyptian bid ever did.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by CFS » Fri Nov 27, 2020 12:29 am

MRG wrote:
Thu Nov 26, 2020 11:01 pm
Before Brady next plays a full 90 minutes
:D :) :D

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Fri Nov 27, 2020 12:46 am

DCWat wrote:
Thu Nov 26, 2020 11:40 pm
That in itself gives me more hope than the Egyptian bid ever did.
From the information I’ve gathered I really would have been frightened to death if our club had been sold to the Egyptian. Not been able to find too much out about him but why on earth would a rich Egyptian wanting to buy a Premier League club want to use a two bob solicitor with a string of problems attached to him from other football clubs?

Regarding the ALK deal, when I said close I don’t personally know whether the PL Owners & Directors test has been passed or whether it would be subject to that.

I am still keen to know where the money is coming from as I’m sure we all are.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claptrappers_union » Fri Nov 27, 2020 1:23 am

Do you think there was ever a legitimate offer from Farnell / El Kashashy?

To me, it seems it was a vehicle to either :-

a) create a PR exercise to make ALK more appealing to supporters

b) speed up ALK deal with the illusion there was another interested party

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by mybloodisclaret » Fri Nov 27, 2020 1:29 am

claptrappers_union wrote:
Fri Nov 27, 2020 1:23 am
Do you think there was ever a legitimate offer from Farnell / El Kashashy?

To me, it seems it was a vehicle to either :-

a) create a PR exercise to make ALK more appealing to supporters

b) speed up ALK deal with the illusion there was another interested party
Good point, I was thinking this the other day and thinking (b), that said if it was made up, I don't understand of it was made up why there wasn't a denial from CF side as he appears well connected in PR and media circles.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by bfcjg » Fri Nov 27, 2020 7:38 am

I still wish we could always be owned by Clarets, it just felt secure, like I was part of it. Ok it may be a naive point of view with how Premier league football has become a big business global brand but part of me will always remember fondly the days of Lord,Jackson,Teesdale,Kilby,John B Garlick etc with some fondness despite the bad times we endured at times.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Untinted Glasses » Fri Nov 27, 2020 7:58 am

RIP BFC

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by arise_sir_charge » Fri Nov 27, 2020 8:10 am

Untinted Glasses wrote:
Fri Nov 27, 2020 7:58 am
RIP BFC
😂😂😂😂

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by dibraidio » Fri Nov 27, 2020 8:12 am

I hope ALK haven't been holding out for a Black Friday deal.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claretonthecoast1882 » Fri Nov 27, 2020 8:18 am

Time to lump on us winning the Champions League in 2022

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Goobs » Fri Nov 27, 2020 8:28 am

Edit - I forgot what year it was. Way too early for me 😂

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Stockbrokerbelt » Fri Nov 27, 2020 8:46 am

I am Alan Pace.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by gandhisflipflop » Fri Nov 27, 2020 8:47 am

Untinted Glasses wrote:
Fri Nov 27, 2020 7:58 am
RIP BFC
behave

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by NewClaret » Fri Nov 27, 2020 8:51 am

claptrappers_union wrote:
Fri Nov 27, 2020 1:23 am
Do you think there was ever a legitimate offer from Farnell / El Kashashy?

To me, it seems it was a vehicle to either :-

a) create a PR exercise to make ALK more appealing to supporters

b) speed up ALK deal with the illusion there was another interested party
I’d put my money on b). Would be quite hilarious if Mike had used his dodgy underworld lawyer contacts and concocted a fake bid to give the illusion of competition in the bidding process :lol: :lol:

We’re here worrying that they might actually get control whilst Mike’s pulling their strings all along :lol: :lol:

Nothing would surprise me in the world of multi-million £ acquisitions.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Top Claret » Fri Nov 27, 2020 9:15 am

bfcjg wrote:
Fri Nov 27, 2020 7:38 am
I still wish we could always be owned by Clarets, it just felt secure, like I was part of it. Ok it may be a naive point of view with how Premier league football has become a big business global brand but part of me will always remember fondly the days of Lord,Jackson,Teesdale,Kilby,John B Garlick etc with some fondness despite the bad times we endured at times.
Football is a results business and who owns the club is irrelevant. You obviously didn't attend any matches back in the days of Teesdale and Jackson if you remember the times with some fondness.

The sooner Garlick sells the club the better has we are hanging on to our Premier league status by our nails.

We are desperate for investment and if the new owners back Dyche then I will be glad to see the back of the present board

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Sutton-Claret » Fri Nov 27, 2020 9:17 am

Stockbrokerbelt wrote:
Fri Nov 27, 2020 8:46 am
I am Alan Pace.
Me too, and so is my wife.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by icu81b4 » Fri Nov 27, 2020 9:22 am

- Steps forward with raised scarf and declares - "No I am Alan Pace"

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by onewillieirvine » Fri Nov 27, 2020 9:24 am

I think our board has done as well as anybody could. Considering the gulf in finance with the rest of the league. The longer we stay with the elite the more cash it costs. Our board have been as supportive as they could be over previous seasons.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by dandeclaret » Fri Nov 27, 2020 9:26 am

Top Claret wrote:
Fri Nov 27, 2020 9:15 am
Football is a results business and who owns the club is irrelevant. You obviously didn't attend any matches back in the days of Teesdale and Jackson if you remember the times with some fondness.

The sooner Garlick sells the club the better has we are hanging on to our Premier league status by our nails.

We are desperate for investment and if the new owners back Dyche then I will be glad to see the back of the present board
I don't understand the strength of disdain pointed towards the current board. A board that have delivered massive results for the club (Often put down to them being lucky, but it's at times like this I think of the Gary Player quote) over a period of years, improved the facilities for players and fans, increased the quality of the playing side, and delivered the most successful period in my lifetime. If they feel they have hit the ceiling that the very successful business model they have put in place can deliver, and are finding suitable owners to give the club a chance of evolving further and going forwards, then I would say we should be thanking them massively for their period as custodians, not be "Glad to see the back of them". I think that's disrespectful and hugely unfair.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by CrosspoolClarets » Fri Nov 27, 2020 9:30 am

Looks like the club have a 25% off Black Friday sale.

I’m quickly trying to rustle up £150m to take advantage. Up to £27 so far.......

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dark Cloud » Fri Nov 27, 2020 9:40 am

CrosspoolClarets wrote:
Fri Nov 27, 2020 9:30 am
Looks like the club have a 25% off Black Friday sale.

I’m quickly trying to rustle up £150m to take advantage. Up to £27 so far.......
I'll match that, but I want the comfiest swivel chair at the board meetings if/when our bid is successful successful.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by CLARET&BLUE » Fri Nov 27, 2020 9:47 am

Count me in For £100 - not bothered about which chair i get 😊

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dark Cloud » Fri Nov 27, 2020 9:50 am

Top Claret wrote:
Fri Nov 27, 2020 9:15 am
Football is a results business and who owns the club is irrelevant. You obviously didn't attend any matches back in the days of Teesdale and Jackson if you remember the times with some fondness.

The sooner Garlick sells the club the better has we are hanging on to our Premier league status by our nails.

We are desperate for investment and if the new owners back Dyche then I will be glad to see the back of the present board
There's a lot in this and I, like a whole load of others, am torn over this entire thing. My heart says I've loved us being locally owned, well run, punching above our weight, being careful with the pennies, being mindful of our traditions and the fans and the town and in short being US and almost unique in the upper echelons of footy. BUT there is also a reality which kind of hit hard and fast back in the Spring when it was clear that to sustain even exactly what we've been doing, never mind "kick on" a bit, we couldn't do it with the current board and levels of investment because we simply can't compete. Our wages have been spiraling, our income, mainly via TV is largely fixed and we are being squeezed. What MG is doing is clearly a huge gamble and he will also benefit (greatly) in his bank balance, but it's also, I believe in part altruistic as he's HOPING it will prevent us falling back into the mire. I do see both sides here and tend to accept that what's happening is pretty much inevitable as the alternative is the current board just sit tight and be accused of "fiddling while Rome burns".
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dark Cloud » Fri Nov 27, 2020 9:52 am

CLARET&BLUE wrote:
Fri Nov 27, 2020 9:47 am
Count me in For £100 - not bothered about which chair i get 😊
You had a call from a bloke named Farnell yet? He's called me twice in the last 10 minutes!

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claretonthecoast1882 » Fri Nov 27, 2020 10:02 am

dandeclaret wrote:
Fri Nov 27, 2020 9:26 am
I don't understand the strength of disdain pointed towards the current board. A board that have delivered massive results for the club (Often put down to them being lucky, but it's at times like this I think of the Gary Player quote) over a period of years, improved the facilities for players and fans, increased the quality of the playing side, and delivered the most successful period in my lifetime. If they feel they have hit the ceiling that the very successful business model they have put in place can deliver, and are finding suitable owners to give the club a chance of evolving further and going forwards, then I would say we should be thanking them massively for their period as custodians, not be "Glad to see the back of them". I think that's disrespectful and hugely unfair.

Disrespectful - Yes
Hugely unfair - Yes
Surprising - Not in the slightest

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jedi_master » Fri Nov 27, 2020 10:03 am

This board have clearly done a terrific job overall, but it's not been flawless and I think we can all say we have reached a clear line in the sand moment with what went on this transfer window just gone.

I fully appreciate Covid has had an impact, but to sign only one player (for a million pounds, i.e, what we paid for Ian Moore 20 years ago) when we are so low on numbers with kids padding the bench was a disgrace, in my opinion. I think we can see from what has been reported that this has been down to the infighting within the club which is another reason that it is the right time for a takeover/change of hands to occur.

None of what has gone on during the summer will make me look back at this ownership, overall, with anything other than respect though. Sean Dyche has led us on the pitch, but we have taken strides off it too with the training ground, corner stands, club shop and other such improvements to the infrastructure of the club (though I think Dave Baldwin is crucial in some of that too). I think the board have looked within themselves and acknowledged that financially they are out of their depth at this point and the club will either get investment or, eventually, get relegated. To then successfully find that investment (seemingly) deserves praise in and of itself too. They have not only stewarded us to this point, but have opened the doors to the next chapter.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Fri Nov 27, 2020 10:05 am

claptrappers_union wrote:
Fri Nov 27, 2020 1:23 am
Do you think there was ever a legitimate offer from Farnell / El Kashashy?

To me, it seems it was a vehicle to either :-

a) create a PR exercise to make ALK more appealing to supporters

b) speed up ALK deal with the illusion there was another interested party
You couldn't be more wrong. Very much a legitimate offer and one that was, worryingly, seriously considered.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Erasmus » Fri Nov 27, 2020 10:05 am

I'm very much with Dark Cloud on this. At a personal level, being owned purely as a business will take something of the edge off my lifelong passion for the club, and if I'm honest I would prefer to play in a lower division than be transformed in that way. On the other hand, I have an eight-year-old son who has just been introduced to the delights of supporting Burnley, and I will get a good deal of vicarious pleasure from taking him to matches whilst we compete in the highest league. For me though, it will never be the same again. I'm not saying that's right or wrong, one's views on this are very much a reflection of one's own personality, values and ideas. So it's a purely subjective point of view.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dodobdobodobo » Fri Nov 27, 2020 10:13 am

ClaretTony wrote:
Fri Nov 27, 2020 10:05 am
You couldn't be more wrong. Very much a legitimate offer and one that was, worryingly, seriously considered.
‘One that was’ so it’s definitely ALK that are going to be the new owners Tony? Have you heard when it might be announced?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Fri Nov 27, 2020 10:24 am

Dodobdobodobo wrote:
Fri Nov 27, 2020 10:13 am
‘One that was’ so it’s definitely ALK that are going to be the new owners Tony? Have you heard when it might be announced?
As far as I am aware the two offers were both under serious consideration. Obviously I have no details on the actual offers nor the negotiations but all the information I have leads to the suggestion that ALK have won the day. That was all but confirmed to me when Ducker wrote the piece a few days ago and my info gathering since has suggested that he was, as I expected, correct. No idea when anything will be announced. I've never been involved in anything like this but there will be a lot of I dotting and T crossing to be done on such as a company takeover. Ducker was suggesting before Christmas so that gives us just under a month.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by BigChaCha » Fri Nov 27, 2020 10:38 am

You couldn't be more wrong. Very much a legitimate offer and one that was, worryingly, seriously considered
I agree about your first half of that comment but I'm not sure how you can come to the conclusion about the offer being 'worryingly, seriously considered' when you don't have all the information in front of you that the board have had.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by bfcjg » Fri Nov 27, 2020 10:46 am

Top Claret wrote:
Fri Nov 27, 2020 9:15 am
Football is a results business and who owns the club is irrelevant. You obviously didn't attend any matches back in the days of Teesdale and Jackson if you remember the times with some fondness.

The sooner Garlick sells the club the better has we are hanging on to our Premier league status by our nails.

We are desperate for investment and if the new owners back Dyche then I will be glad to see the back of the present board

I was there, I joined in the Teesdale out chants stood outside the Bob Lord singing sack the board,joined ninth Bob Lord out chants,went on the March on a Sunday afternoon etc so yes I was there but so also were the directors you new that although not brilliant they were Clarets. Look at the clubscwere foreign ownership has ended badly what if this does ? Do we organise a mass zoom or Skype protest and hope they watch it in some remote boardroom ?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ewanrob » Fri Nov 27, 2020 10:46 am

Will be interested to see what happens with regards to our Internal Structure (CEO-Neil Hart, Chief Scout-Martin Hodge, Tech Director-Mike Rigg) with the new people, will they stick with the people in these important roles or do you think they will have their own people ready...as they are really important roles moving forward.

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