clarethomer wrote: ↑

Mon Oct 19, 2020 12:57 pm

Let's hope that whatever is going on is worth the wait.

We have a team capable of getting results and you know what - the international break has allowed time to be spent on our shape and getting players back so hopefully we can start our season tonight with a nice win.

True , but you wonder just how much, given that Pope, BPF, Long, Brady, McNeil, Gudmundsson and Vydra have all been away for much of the break

clarethomer wrote: ↑

Mon Oct 19, 2020 12:57 pm

Let's hope that whatever is going on is worth the wait.

Absolutely.

No idea what is going on but I hope it’s worth the wait. Not sure I want a full takeover (potentially destabilising) and wouldn’t want one at all if we were able to compete in the transfer market under the current regime, but since that seems not to be the case, investment seems essential.

With so many tough games coming up it’s not impossible that interested parties will bide their time.

Mybloodisclaret - "I really struggle to understand the criticism of DJW on this thread, its nonsense it really is. He was posting way before the Reuters article of a possible takeover / investment"

Just for clarification the first mention I'm aware of an offer,two bidders NDA's etc. was reported in the Times way back on March 3rd. and was swilling around in one form or another on several American business/sports sites.

Football Notebook: Investors set to bid £180m for Burnley
Matt Hughes
, Football Notebook
Saturday March 03 2018, 12.01am, The Times

Does that say 2018!

I imagine you can guess the rest

bodge wrote: ↑

Sun Oct 18, 2020 11:10 pm

A really interesting article that, particularly surrounding the Egypt/Dubai money as part of a potential rival bid.

In fairness, Nixon was first with that one months ago.

The above article mentions rival American and middle East bids way back then.

"Burnley are the subject of a £180 million takeover attempt from rival American and Middle Eastern investors. " 2018 !!!

If the figure talked about (180 million) is in the ball park what does that value each share at?

CaptJohn wrote: ↑

Tue Oct 20, 2020 10:17 am

If the figure talked about (180 million) is in the ball park what does that value each share at?

How many shares are there? is there only one class of shares or more than one?

You can find this info on Companies House. All the shareholders are listed, along with their respective holdings.

Let me know if you need help in doing this. I'll take a look again later.

UTC

PS: Just because £180m is mentioned in a press report, there's no guarantee that this will be the price for any deal, if a deal is completed.

Back Beat.

The word on the street is it's 99% done as of last Friday.

GodIsADeeJay81 wrote: ↑

Sun Oct 18, 2020 11:51 am

Didn't he state McNeil was definitely being sold and ended up apologising when it didn't happen?

I wouldn't be too critical.

I was told Garlick accepted bids for two of our players without Dyche knowing about them.
Obviously they got stopped.

But if anyone is privy to that info at the time, you would expect them to be sold.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 11:05 am

I wouldn't be too critical.

I was told Garlick accepted bids for two of our players without Dyche knowing about them.
Obviously they got stopped.

But if anyone is privy to that info at the time, you would expect them to be sold.

Maybe you would expect them to be sold, but would you run around telling everybody to make yourself feel important?

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 11:01 am

Back Beat.

The word on the street is it's 99% done as of last Friday.

Are you referring to a potential takeover? My info is that it is potentially more likely to happen than not but not close to any deal.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 11:05 am

I wouldn't be too critical.

I was told Garlick accepted bids for two of our players without Dyche knowing about them.
Obviously they got stopped.

But if anyone is privy to that info at the time, you would expect them to be sold.

Wasn't going to happen

ClaretTony wrote: ↑

Tue Oct 20, 2020 11:48 am

Are you referring to a potential takeover? My info is that it is potentially more likely to happen than not but not close to any deal.

Yeah. Got mentioned last night.

As always you can never be 100% sure what anyone tells you, but with Hart mentioning it in his interview it must be close.

ClaretTony wrote: ↑

Tue Oct 20, 2020 11:49 am

Wasn't going to happen

Getting sold or Garlick accepting bids?

Still must be hard for the board to sell in knowing you have done the best for the club that you love and you are passing it onto someone else .

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 11:59 am

Getting sold or Garlick accepting bids?

If Garlick accepts bids, it happens I would have thought.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 11:58 am

Yeah. Got mentioned last night.

As always you can never be 100% sure what anyone tells you, but with Hart mentioning it in his interview it must be close.

Hart didn't say anything though unless you want to read something into it.

ClaretTony wrote: ↑

Tue Oct 20, 2020 1:15 pm

If Garlick accepts bids, it happens I would have thought.

You would think.

But if Dyche says it's Sheffield Tueday, then it's Sheffield Tuesday.
I bet he's quite a persuader.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 1:18 pm

You would think.

But if Dyche says it's Sheffield Tueday, then it's Sheffield Tuesday.
I bet he's quite a persuader.

Maybe in the days when they actually spoke to each other.

Surely the very fact that the club journalist asked the club CEO about it suggests something is happening

Paul Waine wrote: ↑

Tue Oct 20, 2020 10:30 am

How many shares are there? is there only one class of shares or more than one?

You can find this info on Companies House. All the shareholders are listed, along with their respective holdings.

Let me know if you need help in doing this. I'll take a look again later.

UTC

PS: Just because £180m is mentioned in a press report, there's no guarantee that this will be the price for any deal, if a deal is completed.

Paul, that would be great thanks.

This is the 2018 list of who holds the shares. I've not bothered to update it since but I don't think it's much different (there are 122,478 shares now for some reason)
https://docs.google.com/spreadsheets/d/ ... sp=sharing

At £180m you'd be looking at ~ £1,500 a share so not far off £90m for Garlick

That would soften the blow of it being " hard to sell " as mentioned above

This alludes to the info I got a hammering for.

I said that I had been told that bids had been accepted without Dyche knowing, to the point one was at someone else’s training ground, and that they’re was a point when he was walking if they were sold.

aggi wrote: ↑

Tue Oct 20, 2020 1:37 pm

This is the 2018 list of who holds the shares. I've not bothered to update it since but I don't think it's much different (there are 122,478 shares now for some reason)
https://docs.google.com/spreadsheets/d/ ... sp=sharing

At £180m you'd be looking at ~ £1,500 a share so not far off £90m for Garlick

At them figures he would more than double his personal worth overnight.

Someone on the board mentioned that before, upto about 2 years ago, but he was shot down.

Frightening figures

randomclaret2 wrote: ↑

Tue Oct 20, 2020 1:27 pm

Surely the very fact that the club journalist asked the club CEO about it suggests something is happening

The club journalist will have been told by the CEO what to ask the CEO

ClaretTony wrote: ↑

Tue Oct 20, 2020 1:24 pm

Maybe in the days when they actually spoke to each other.

SD and MG?
Are things really THAT bad now? I can never tell if it's just media rubbish, or actually true. I'm amazed that they are no longer speaking.

CaptJohn wrote: ↑

Tue Oct 20, 2020 1:27 pm

Paul, that would be great thanks.

Our friend aggi has provided a list. I hope all those with 1-5 shares are all happy with their investments - maybe some plans for a "big" holiday (when covid-19 allows), if and when these sale discussions are concluded and a sale completed (if that is the outcome).

Good luck to all.

UTC

Paul Waine wrote: ↑

Tue Oct 20, 2020 2:33 pm

Our friend aggi has provided a list. I hope all those with 1-5 shares are all happy with their investments - maybe some plans for a "big" holiday (when covid-19 allows), if and when these sale discussions are concluded and a sale completed (if that is the outcome).

Good luck to all.

UTC

Holding 1 share it won't be much of a big holiday but be something else to say cheers to Garlick for

MACCA wrote: ↑

Tue Oct 20, 2020 1:56 pm

At them figures he would more than double his personal worth overnight.

Someone on the board mentioned that before, upto about 2 years ago, but he was shot down.

Frightening figures

Doesn't it depend on what MG paid for the shares, while avoiding getting into a discussion about what value might be assigned if that was possible for private company shares? Yes, he will realise a profit - as will all the other shareholders.

There may also be a discussion about what was included in MG's "personal worth" when it was previously assessed - assuming it was assessed for one of those "rich lists" or similar. If that was the case, the question should be asked how much was included for his shares in Burnley FC at that time.

UTC

Amazing how Garlick could fall out with SD giving that he's one of the main reasons why he's going to make an absolute fortune out of it all?! Without Dyche it's likely Garlick would be looking to sell a Championship club for about £10m!

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 11:05 am

I wouldn't be too critical.

I was told Garlick accepted bids for two of our players without Dyche knowing about them.
Obviously they got stopped.

But if anyone is privy to that info at the time, you would expect them to be sold.

So you have a source who is so close to Garlick that he (or she) finds out news of player sales before Dyche does? And immediately runs and tells you?

Hmm. We aren't talking about the tea boy here. I presume your source is either Mr Garlick's confidential secretary, or his wife. Or are you employing a mole to steal his shredding pile?

Or are you talking rubbish?

dsr wrote: ↑

Tue Oct 20, 2020 3:39 pm

So you have a source who is so close to Garlick that he (or she) finds out news of player sales before Dyche does? And immediately runs and tells you?

Hmm. We aren't talking about the tea boy here. I presume your source is either Mr Garlick's confidential secretary, or his wife. Or are you employing a mole to steal his shredding pile?

Or are you talking rubbish?

None of the above.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 3:43 pm

None of the above.

Oh, you're such a tease, Quickenthetempo

I'll play, though. Are you, indeed, Mike Garlick himself???

Goddy wrote: ↑

Tue Oct 20, 2020 3:55 pm

Oh, you're such a tease, Quickenthetempo

I'll play, though. Are you, indeed, Mike Garlick himself???

No, but it's a good job really. If I was, I would be tracking down every idiot on social media with Garlick out in their twitter bios or any abuse dished out towards me and cancelling Season Tickets etc..

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 4:20 pm

No, but it's a good job really. If I was, I would be tracking down every idiot on social media with Garlick out in their twitter bios or any abuse dished out towards me and cancelling Season Tickets etc..

That would be a full time job!

Simple question.. where are we at with this takeover business?

MACCA wrote: ↑

Tue Oct 20, 2020 1:56 pm

At them figures he would more than double his personal worth overnight.

Someone on the board mentioned that before, upto about 2 years ago, but he was shot down.

Frightening figures

Possibly, although obviously his wealth is a bit of a guess, there'll be tax on the disposal, etc.

Regardless, if it comes off he'll have done very well out of it and I would think way beyond what was expected when he took over a floundering, hometown football club.

aggi wrote: ↑

Tue Oct 20, 2020 4:44 pm

Possibly, although obviously his wealth is a bit of a guess, there'll be tax on the disposal, etc.

Regardless, if it comes off he'll have done very well out of it and I would think way beyond what was expected when he took over a floundering, hometown football club.

And let's be absolutely clear (particularly to those on here who have been quick to criticise the Chairman in recent days) floundering is not too strong a word. Indeed, it required millions of pounds of input from Garlick and his colleagues simply to keep the Club in business less than ten years ago.

FactualFrank wrote: ↑

Tue Oct 20, 2020 4:32 pm

That would be a full time job!

for about a dozen people

aggi wrote: ↑

Tue Oct 20, 2020 4:44 pm

Possibly, although obviously his wealth is a bit of a guess, there'll be tax on the disposal, etc.

Regardless, if it comes off he'll have done very well out of it and I would think way beyond what was expected when he took over a floundering, hometown football club.

Floundering?

Still there are people on here pretending to be in the know.

Pathetic.

fidelcastro wrote: ↑

Tue Oct 20, 2020 5:21 pm

Still there are people on here pretending to be in the know.

Pathetic.

Are you feeling left out?

Just because people on here know more about the club than your good self. It's good they share this info with you.

MACCA wrote: ↑

Tue Oct 20, 2020 5:13 pm

Floundering?

I'd say so. Laws' tenure had just ended, Howe had come in and been instructed to cut the wage bill, we were struggling for money, the football was up and down. It wasn't as disastrous a picture as when Cotterill left but we weren't doing well.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 5:45 pm

Are you feeling left out?

Just because people on here know more about the club than your good self. It's good they share this info with you.

What info?

I haven't read anything on here other than speculation.

Sure, some of it may turn out to be true, but even a stopped clock is right twice a day!

fidelcastro wrote: ↑

Tue Oct 20, 2020 5:51 pm

What info?

I haven't read anything on here other than speculation.

Sure, some of it may turn out to be true, but even a stopped clock is right twice a day!

But that's what keeps fans messageboards going.

Quickenthetempo wrote: ↑

Tue Oct 20, 2020 5:55 pm

But that's what keeps fans messageboards going.

What does?

Bullshit?

Not for me thanks.

Royboyclaret wrote: ↑

Tue Oct 20, 2020 5:04 pm

And let's be absolutely clear (particularly to those on here who have been quick to criticise the Chairman in recent days) floundering is not too strong a word. Indeed, it required millions of pounds of input from Garlick and his colleagues simply to keep the Club in business less than ten years ago.

He took over as chairman five years ago

ClaretTony wrote: ↑

Tue Oct 20, 2020 6:30 pm

He took over as chairman five years ago

Sole chairman.

He was joint chairman from early 2012 (as I'm sure you know).

aggi wrote: ↑

Tue Oct 20, 2020 6:45 pm

Sole chairman.

He was joint chairman from early 2012 (as I'm sure you know).

He was but chairman from 2015.