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Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:10 pm
by Danieljwaterhouse
It confirmed that there’s ‘bids’ not a bid, not a preferred bid but bids.
As Tony mentioned, it confirms a ‘takeover’
It highlights the infighting
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:17 pm
by onewillieirvine
Sadly, I suspect a resolution isn't imminent.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:19 pm
by Grumps
Danieljwaterhouse wrote: ↑Thu Nov 12, 2020 3:10 pm
It confirmed that there’s ‘bids’ not a bid, not a preferred bid but bids.
As Tony mentioned, it confirms a ‘takeover’
It highlights the infighting
Sorry for my ignorance, but how does that statement highlight infighting?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:28 pm
by Danieljwaterhouse
The subtext between the differing bids.
Local club for local people.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:37 pm
by Grumps
Danieljwaterhouse wrote: ↑Thu Nov 12, 2020 3:28 pm
The subtext between the differing bids.
Local club for local people.
A bit deep that
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:39 pm
by Danieljwaterhouse
Differing perspectives and perceptions
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:39 pm
by AndyClaret
Danieljwaterhouse wrote: ↑Thu Nov 12, 2020 3:28 pm
The subtext between the differing bids.
Local club for local people.
So garlick favours ALK ?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:40 pm
by Danieljwaterhouse
It would be an interesting idea, to entirely hypothetically surmise which board members were sat in which camp, and why they’re sat there....
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:41 pm
by gandhisflipflop
With the club actually attempting to communicate to fans and acknowledging negotiations taking place, do you think that a possible deal is close/imminent?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:43 pm
by Steve-Harpers-perm
onewillieirvine wrote: ↑Thu Nov 12, 2020 3:17 pm
Sadly, I suspect a resolution isn't imminent.
6 and a half weeks till the window opens again....
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:47 pm
by Zlatan
Steve-Harpers-perm wrote: ↑Thu Nov 12, 2020 3:43 pm
6 and a half weeks till the window opens again....
will they want to buy before or after Tarkowski leaves for peanuts to Liverpool?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:49 pm
by CFS
Fair play to tarks he will be the first to get a big contract from the wealthy owners. He's played it perfectly.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:50 pm
by MACCA
Zlatan wrote: ↑Thu Nov 12, 2020 3:47 pm
will they want to buy before or after Tarkowski leaves for peanuts to Liverpool?
Can we then finally get Wilson as part of the deal, or is he at Cardiff for the full 12 months.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:53 pm
by Danieljwaterhouse
Dyche never wanted Wilson
He knew Tarks was leaving and wanted Jones, Jones injury out pay to that. So he said no to Tarks leaving and when the board tries to push it through he went in the offensive against Garlick.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:57 pm
by wilks_bfc
bfcmik wrote: ↑Thu Nov 12, 2020 2:45 pm
What were you expecting? A statement that detailed the state of the negotiations? A deal is not done until it is signed off, as long as negotiations are still ongoing there is always a chance it may fall through.
I doubt even the statement acknowledging the eventual sale will say much either. All we will have to dissect are the public statements by the new owners - which will be positive yet bland, forecast a bright future with lofty aims but without any detail of how that may happen.
I wasn’t expecting a statement at all, so had nothing to expect but that wasn’t the point of my post.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 3:58 pm
by ClaretTony
MACCA wrote: ↑Thu Nov 12, 2020 1:56 pm
There's a reason "1 Barry Kilby" echoed around the Valley and in Athens.
Mr Kilby is Burnley through and through.
Who knows what it says about the fans views of a man who has, in some fans eyes given us the best 5 years in half century.
Their reputations couldnt be more further apart amongst a fair chunk of the hardcore Burnley faithful.
I was told another director didn’t like it when the One Barry Kilby chant went up in Athens, probably jealous. He was brought up a Claret and will always be a Claret. He was in a position where he could do more to help the club back in the late 90s but in so many ways he’s just like us, a fan, which is why he understands us and why we understand him.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:03 pm
by MACCA
ClaretTony wrote: ↑Thu Nov 12, 2020 3:58 pm
I was told another director didn’t like it when the One Barry Kilby chant went up in Athens, probably jealous. He was brought up a Claret and will always be a Claret. He was in a position where he could do more to help the club back in the late 90s but in so many ways he’s just like us, a fan, which is why he understands us and why we understand him.
Agree 100%
The fact that he still lives locally and interacts with fans daily keeps him fully connected to the fans, and us to him.
A truely great man, there certainly is only 1 Barry Kilby!
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:13 pm
by The Enclosure
Totally agree with you Macca.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:24 pm
by Hedontplayforyou
I went to the same school as Barry Kilbys son albeit a few years younger , I missed the bus to the playing fields to go and play a midweek match due to going back for my boots and shin pads which I’d left in the class!
As i was stood there looking for a bus which seemingly wasn’t there anymore , Barry Kilburn pulled alongside me after dropping his son off and asked if I wanted a lift up , it was a 5-10 minute drive, I jumped in the Jag and immediately told him I was a claret , we talked football and he was a real gent - he even stayed and watched the first half of our game before returning to collect his son from school! To my elation I actually scored a penalty before he left and shouted over to him! Made my day!
I met him again briefly in a similar encounter and I was amazed that he remembered me but it speaks volumes of the man - the final time I met with him accidentally again was in Checcos restaurant in Great Harwood just after we won the playoff final, where it looked like a massive weight had been lifted off his shoulders, again we spoke and he was a gent!
Will always be a massive part of Burnley football club
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:40 pm
by Danieljwaterhouse
Hedontplayforyou wrote: ↑Thu Nov 12, 2020 4:24 pm
I went to the same school as Barry Kilbys son albeit a few years younger , I missed the bus to the playing fields to go and play a midweek match due to going back for my boots and shin pads which I’d left in the class!
As i was stood there looking for a bus which seemingly wasn’t there anymore , Barry Kilburn pulled alongside me after dropping his son off and asked if I wanted a lift up , it was a 5-10 minute drive, I jumped in the Jag and immediately told him I was a claret , we talked football and he was a real gent - he even stayed and watched the first half of our game before returning to collect his son from school! To my elation I actually scored a penalty before he left and shouted over to him! Made my day!
I met him again briefly in a similar encounter and I was amazed that he remembered me but it speaks volumes of the man - the final time I met with him accidentally again was in Checcos restaurant in Great Harwood just after we won the playoff final, where it looked like a massive weight had been lifted off his shoulders, again we spoke and he was a gent!
Will always be a massive part of Burnley football club
You went to Repton?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:41 pm
by Aclaret
MACCA wrote: ↑Thu Nov 12, 2020 4:03 pm
Agree 100%
The fact that he still lives locally and interacts with fans daily keeps him fully connected to the fans, and us to him.
A truely great man, there certainly is only 1 Barry Kilby!
Indeed, re-naming the Bob Lord Stand to the Barry Kilby Stand sounds good to me !
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:49 pm
by Paul Waine
Aclaret wrote: ↑Thu Nov 12, 2020 4:41 pm
Indeed, re-naming the Bob Lord Stand to the Barry Kilby Stand sounds good to me !
Naming the replacement for the Bob Lord the Barry Kilby Stand will be a little better, perhaps?
UTC
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 4:52 pm
by BenWickes
CFS wrote: ↑Thu Nov 12, 2020 3:49 pm
Fair play to tarks he will be the first to get a big contract from the wealthy owners. He's played it perfectly.
You're pretty much accurate on that one. The whole squad is very aware of what's going on. Tarkowski hasn't ruled out signing a new contract but he knows his future career, as others; depend on what happens to a degree. Investment on and off the field which meets his expectations and he signs a new deal. The other party wins and he knows where he stands.
As expressed above. It's pretty obvious which members of the board are on which side of the fence regards investment and which way they want the club to proceed. One thing is for certain. They need to make a decision soon as it really should have been sorted out a good while ago.
Can only echo others comments on Mr Kilby. Always found him a lovely man with time for anyone.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 5:01 pm
by randomclaret2
Lets hope squabbling amongst Directors doesnt scupper any takeover
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 5:04 pm
by Hedontplayforyou
My school was in Blackburn !
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 5:09 pm
by Paul Waine
Danielj, BenW (and others), don't keep us in suspense. Why are the board divided? Why can't it get sorted by a majority vote of the directors, or a vote of shareholders? If it's a vote of directors and the directors are split equally, half for and half against, doesn't the Chairman have the casting vote? If it's put to a vote of shareholders, doesn't MG start off with almost half the votes - so that it would take every other shareholder voting against MG to defeat him?
What I'm saying is that I don't think that the time being taken to agree a sale of the club to anyone is being held up by division between the directors. Agreeing all the details of a deal with a prospective buyer is more likely what's taking the time.
UTC
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 5:21 pm
by BenWickes
Paul Waine wrote: ↑Thu Nov 12, 2020 5:09 pm
Danielj, BenW (and others), don't keep us in suspense. Why are the board divided? Why can't it get sorted by a majority vote of the directors, or a vote of shareholders? If it's a vote of directors and the directors are split equally, half for and half against, doesn't the Chairman have the casting vote? If it's put to a vote of shareholders, doesn't MG start off with almost half the votes - so that it would take every other shareholder voting against MG to defeat him?
What I'm saying is that I don't think that the time being taken to agree a sale of the club to anyone is being held up by division between the directors. Agreeing all the details of a deal with a prospective buyer is more likely what's taking the time.
UTC
You can pluck two names out of the list who differ totally from the rest of the board to start off with and then differ in what they want between themselves. Holt (never liked him personally) and Flood. Then we can add in Covid and the interested parties.
There's a whole raft of reasons why the deal is taking so long which we are not privy to. A divided board (and it has been for some time) doesn't help.
I would, however; expect it to have a conclusion in the near, rather than far; future.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 5:40 pm
by scouseclaret
Wouldn't bank on it. These things always drag on, especially if there is more than one interested party. Just look at the Newcastle situation.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 5:54 pm
by Danieljwaterhouse
I’d suggest there’s one favoured bid, and that once negotiations with the Premier League are sorted things will move rather quickly.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:01 pm
by onewillieirvine
DJW - I guess that might extend the conclusion by a few months then
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:10 pm
by jtv
BenWickes wrote: ↑Thu Nov 12, 2020 4:52 pm
As expressed above.
It's pretty obvious which members of the board are on which side of the fence regards investment and which way they want the club to proceed.
Am I that dense as I have no idea?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:16 pm
by Danieljwaterhouse
onewillieirvine wrote: ↑Thu Nov 12, 2020 6:01 pm
DJW - I guess that might extend the conclusion by a few months then
I don’t think so.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:20 pm
by Paul Waine
jtv wrote: ↑Thu Nov 12, 2020 6:10 pm
Am I that dense as I have no idea?
Given that Dwight McNeil can switch from playing the left wing to playing the right wing - and then sometimes down the centre - I'm with you about which side any particular director will be on.
UTC
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:25 pm
by onewillieirvine
DJW - I hope you're right, we need to have some certainty back in the club.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:25 pm
by BenWickes
jtv wrote: ↑Thu Nov 12, 2020 6:10 pm
Am I that dense as I have no idea?
I am sure you're an intelligent person. Everyone is in their own way. Which is what makes life tapestry so special. Regards to my comment. You will be aware of Flood and Holt surely? I hope so otherwise this will be a long night
Suffice to say. Flood will be on the investors bid side that suits him best. Holt will be on the Holt side regardless. It's all about Holt for him.
The rest will be torn. Though Kilby and JB for me would probably favour the same deal.
That should be cleared up though soon and to be honest the board needs a clean sweep from a new broom because it's got stagnant and poisonous.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:25 pm
by Rumpelstiltskin
Steve-Harpers-perm wrote: ↑Thu Nov 12, 2020 6:48 am
The board is full of Burnley fans I’m sure they are all aware of the damage currently being created and will look to bring the takeover to a speedy completion. Otherwise if they aren’t going to sell I’m sure there will be a plan in place to back the manager in the notoriously difficult January window.
You’re sure ?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:25 pm
by Steve-Harpers-perm
BenWickes wrote: ↑Thu Nov 12, 2020 5:21 pm
You can pluck two names out of the list who differ totally from the rest of the board to start off with and then differ in what they want between themselves. Holt (never liked him personally) and Flood. Then we can add in Covid and the interested parties.
There's a whole raft of reasons why the deal is taking so long which we are not privy to. A divided board (and it has been for some time) doesn't help.
I would, however; expect it to have a conclusion in the near, rather than far; future.
Why has the board been divided for ‘some time’?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:26 pm
by joey13
AndyClaret wrote: ↑Thu Nov 12, 2020 3:39 pm
So garlick favours ALK ?
Garlick favours whoever offers the most money for his shares
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:28 pm
by BenWickes
onewillieirvine wrote: ↑Thu Nov 12, 2020 6:01 pm
DJW - I guess that might extend the conclusion by a few months then
As mentioned above by DJW. More likely weeks than months.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:35 pm
by BenWickes
Steve-Harpers-perm wrote: ↑Thu Nov 12, 2020 6:25 pm
Why has the board been divided for ‘some time’?
There's been a clash on ideas over how the club moves forward for some time. It's not new news though. As I mentioned. Two names alone with two totally different visions.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:35 pm
by Danieljwaterhouse
joey13 wrote: ↑Thu Nov 12, 2020 6:26 pm
Garlick favours whoever offers the most money for his shares
Not true
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:36 pm
by Danieljwaterhouse
The second bid arrived at the table from a certain directors pocket
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:44 pm
by Paul Waine
joey13 wrote: ↑Thu Nov 12, 2020 6:26 pm
Garlick favours whoever offers the most money for his shares
I can't see why any of the directors would take a different view - unless they were prepared to make up the shortfall for all the other shareholders.
UTC
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:56 pm
by MACCA
Danieljwaterhouse wrote: ↑Thu Nov 12, 2020 6:36 pm
The second bid arrived at the table from a certain directors pocket
That's lost me
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:57 pm
by randomclaret2
BenWickes wrote: ↑Thu Nov 12, 2020 6:25 pm
I am sure you're an intelligent person. Everyone is in their own way. Which is what makes life tapestry so special. Regards to my comment. You will be aware of Flood and Holt surely? I hope so otherwise this will be a long night
Suffice to say. Flood will be on the investors bid side that suits him best. Holt will be on the Holt side regardless. It's all about Holt for him.
The rest will be torn. Though Kilby and JB for me would probably favour the same deal.
That should be cleared up though soon and to be honest the board needs a clean sweep from a new broom because it's got stagnant and poisonous.
What % of the clubs shares does Mr Holt own ?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 6:59 pm
by claretandy
MACCA wrote: ↑Thu Nov 12, 2020 6:56 pm
That's lost me
Flood.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 7:02 pm
by MACCA
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 7:03 pm
by bodge
Is Brendan trying to leverage the relationship to open up another UCFB campus in Dubai ?
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 7:05 pm
by claretandy
MACCA wrote: ↑Thu Nov 12, 2020 7:02 pm
Not rich enough
Doesn't mean that, means he found them.
Re: ALK Capital or Farnell/Elkashashy takeover
Posted: Thu Nov 12, 2020 7:05 pm
by BenWickes
randomclaret2 wrote: ↑Thu Nov 12, 2020 6:57 pm
What % of the clubs shares does Mr Holt own ?
I know what you're getting at. I am referring to the 'collective' really. There isn't a majority consensus on the way forward when the majority would like what's best, yet there's several differing ideas on what that should be.
