Search found 105 matches

by bfc8
Thu Apr 25, 2024 8:53 am
Forum: The Bee Hole End
Topic: Relegation Run-In
Replies: 81
Views: 8469

Re: Relegation Run-In

4 to go and Sheff Utd plus 2 out of 3, bfc, Luton, Forest, looks likely.
@United, Spurs.
home Newcastle, Forest.

all to play for.
by bfc8
Thu Apr 25, 2024 8:34 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

25/4/2021, Wolves 0 Burnley 4.
by bfc8
Thu Apr 25, 2024 7:32 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

Interestingly enough it seems that Manchester United are far from happy with the concept of anchoring from The Guardian Manchester United to fight Premier League’s proposed changes to PSR rules ‘Anchoring’ would tie wages to bottom club’s TV revenue United said to prefer model of higher investment ...
by bfc8
Fri Mar 22, 2024 8:33 am
Forum: The Bee Hole End
Topic: 1966
Replies: 23
Views: 1884

Re: 1966

I see there's a headline lower down on the page letting us know that the Manchester United youngster, George Best, passed Busby's test. Maybe it was a test at that United party in Belgrade mentioned later in the article, where the senior pros set youngsters initiation tests and they let Matt know. ...
by bfc8
Tue Mar 19, 2024 10:59 am
Forum: The Bee Hole End
Topic: CSMTAC on YouTube
Replies: 3
Views: 742

Re: CSMTAC on YouTube

There's lots of football history around on personal websites, youtube, etc. Sometimes though the provider has to quit for various reasons and the material is often lost. A case in point was theheavyroller on youtube, lots of footage from the 1950s and 1960s, now completely removed. Think football cl...
by bfc8
Tue Mar 19, 2024 10:55 am
Forum: The Bee Hole End
Topic: Klopp's sportsmanship
Replies: 40
Views: 3336

Re: Klopp's sportsmanship

Think he's getting worse, probably indicates the pressure he's under and why he's decided to leave Liverpool in the summer.
by bfc8
Tue Mar 19, 2024 9:43 am
Forum: The Bee Hole End
Topic: Independent Football Regulator
Replies: 30
Views: 1725

Re: Independent Football Regulator

I’m not sure what exactly is wrong with someone buying a football club and spending millions to improve that club. You can’t have it the way it is. It isn’t a sport as is. Man Utd will always be light years ahead of Burnley, say. Why doesn't an investor who wants to invest in Burnley have the right...
by bfc8
Tue Mar 19, 2024 9:14 am
Forum: The Bee Hole End
Topic: Independent Football Regulator
Replies: 30
Views: 1725

Re: Independent Football Regulator

groove wrote:
Tue Mar 19, 2024 8:11 am
I'm a bit sceptical about this. Sounds like a step towards football being state run.
like Manchester City and Newcastle United...
by bfc8
Tue Mar 19, 2024 8:56 am
Forum: The Bee Hole End
Topic: Independent Football Regulator
Replies: 30
Views: 1725

Re: Independent Football Regulator

One function will be to grant operating licences to clubs. One of the essentials for a licence seems to be financial reporting. Maybe we'll find out a bit more about bfc finances, like who ultimately owns us !
by bfc8
Sun Mar 10, 2024 8:30 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

10/3/2018, West Ham 0 Burnley 3, repeat today...
by bfc8
Sun Mar 03, 2024 9:24 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

3/3/1962, Burnley 6 West Ham 0.
by bfc8
Thu Feb 29, 2024 10:41 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

29/2/2020, Newcastle 0 Burnley 0.

Today's a leap day, just 6 bfc games ever otd, 2020 was the latest.
by bfc8
Thu Feb 29, 2024 8:52 am
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

Reminds me of the Beatles, The Inner Light, the farther one travels the less one knows.
by bfc8
Wed Feb 28, 2024 5:41 pm
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

The £170m was confirmed in the October 4 2021 Offer letter to the small shareholders where a minimum price per share was specified (the actual sum is less than £500 below £170m) - there was the potential for it to be more based on performance but we do not know if that was ever triggered, I suspect...
by bfc8
Wed Feb 28, 2024 4:09 pm
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

The key bit is that the £65 million is part of the £115 million. ALK had to pay the previous directors £X million. They borrowed (in stages) £115 million from the club. The club borrowed £65 million from MSD (and replaced by new loans) so that the club could make up the £115 million it was lending ...
by bfc8
Wed Feb 28, 2024 3:44 pm
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

It has been a while since I went through this so I will repeat there was an initial down payment of £10m from ALK, plus £65m from MSD and circa £23m from the club, following that there was another £14m borrowed from the club and that is where some people get £37m from because that was in the July 2...
by bfc8
Wed Feb 28, 2024 7:56 am
Forum: The Bee Hole End
Topic: Making the league more even
Replies: 36
Views: 2460

Re: Making the league more even

RammyClaret61 wrote:
Wed Feb 28, 2024 5:00 am
God forbid NO!
Not entirely serious but with all the US owners who knows...
by bfc8
Wed Feb 28, 2024 12:25 am
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

Chester Perry wrote:
Wed Feb 28, 2024 12:18 am
the £114.8m is made up of the £65m from MSD washed through the club and £49.8m directly from the club

and yes I saw that Telegraph report to
But I thought original takeover was £170m for 84%.
£15m their money, or separately borrowed, £55m bank, £100m bfc, in round terms.
by bfc8
Wed Feb 28, 2024 12:18 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

28/2/1925, Burnley 5 West Ham 4.

Sounds like a good game 99 years ago !
by bfc8
Wed Feb 28, 2024 12:11 am
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

It could be wrong but I seem to remember there was something to do with the time frames imposed on the borrowing in terms of when it came on stream, ALK's borrowing from the club was staggered - either way the the total borrowed is £114.8m which falls well under the 65% threshold - The Glazer takeo...
by bfc8
Tue Feb 27, 2024 11:28 pm
Forum: The Bee Hole End
Topic: Making the league more even
Replies: 36
Views: 2460

Re: Making the league more even

Perhaps one day the PL will be expanded a bit from 20 up by letting others apply to enter. And the divisions a bit like the nfl with play-offs and a superbowl type PL final, keeps more clubs in contention for longer and no relegation. Could go to say 36 teams which I think the nfl number.
by bfc8
Tue Feb 27, 2024 11:16 pm
Forum: The Bee Hole End
Topic: ALK’s Strategy: Are We Witnessing A Failing Experiment?
Replies: 215
Views: 8681

Re: ALK’s Strategy: Are We Witnessing A Failing Experiment?

Chester Perry wrote:
Tue Feb 27, 2024 4:27 pm
The takeover valued the club at £202m - there was £65m borrowed from MSD and in this equation we have to ignore what was borrowed from the club.
Hadn't realised that borrowing from a club not included in leverage %, seems a little odd.
by bfc8
Mon Feb 26, 2024 2:48 pm
Forum: The Bee Hole End
Topic: All time record
Replies: 9
Views: 1686

Re: All time record

BB8 wrote:
Mon Jan 29, 2024 11:50 am
I'm glad someone is keeping count ;)
Meant to say, excellent that you do.
by bfc8
Mon Feb 26, 2024 2:42 pm
Forum: The Bee Hole End
Topic: All time record
Replies: 9
Views: 1686

Re: All time record

Latest all time following Palace on Sat.

P 5777, W 2255, D 1397, L 2125, F 8482, A 8333.
by bfc8
Mon Feb 26, 2024 11:41 am
Forum: The Bee Hole End
Topic: Favourite films of all time
Replies: 123
Views: 4589

Re: Favourite films of all time

Just remembered The Beatles Help film, 1965.

Included a scene from the 1962 cup final Burnley v. Spurs.
Think it was crowd singing in bit with Ringo in beer cellar with a tiger.
by bfc8
Mon Feb 26, 2024 11:38 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

Royboyclaret wrote:
Mon Feb 26, 2024 10:29 am
Two hat-tricks......Steve Taylor and Billy Hamilton, with the brilliant Trevor Steven adding the other.
2 good cup runs that season but sadly relegated too...
by bfc8
Mon Feb 26, 2024 7:50 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

26/2/1983, Burnley 7 Charlton 1.
by bfc8
Sat Feb 24, 2024 10:49 am
Forum: The Bee Hole End
Topic: Palace away - quietly optimistic...
Replies: 99
Views: 4733

Re: Palace away - quietly optimistic...

Not unknown for teams to do a 'Lazarus'. 13 games to go, 7 points off 17th, 11 points off 16th, and Everton in 17th could get some points reinstated. So a turn around needs to come soon, perhaps unlikely, but not impossible. bfc in the PL is David v. Goliath difficult enough without being leveraged ...
by bfc8
Sat Feb 24, 2024 8:10 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

24/2/1934, Fulham 1 Burnley 1.

Last game in London otd, 90 years ago.
at Crystal Palace today.
by bfc8
Fri Feb 23, 2024 3:45 pm
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12775
Views: 1263486

Re: ALK Capital or Farnell/Elkashashy takeover

That's a tough one, bfc8. Are you expecting every fan to have accounting and corporate finance qualifications? No. Looked at the bfc 44 page accounts again just now. Accept they have to be produced like that. But you need some finance training to understand and to tease out the really important bit...
by bfc8
Fri Feb 23, 2024 9:33 am
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12775
Views: 1263486

Re: ALK Capital or Farnell/Elkashashy takeover

First job for the regulator, insist clubs publish timely financial info in a format fans can understand.
by bfc8
Fri Feb 23, 2024 8:38 am
Forum: The Bee Hole End
Topic: 4th test
Replies: 70
Views: 3813

Re: 4th test

Root 66 not out 66 when I looked.
by bfc8
Fri Feb 23, 2024 8:30 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

23/2/2019, Burnley 2 Tottenham 1.
23/2/2022, Burnley 1 Tottenham 0.

A Spurs double...
by bfc8
Tue Feb 20, 2024 11:06 pm
Forum: The Bee Hole End
Topic: Favourite films of all time
Replies: 123
Views: 4589

Re: Favourite films of all time

The Day of the Jackal.

assassin after de Gaulle.
by bfc8
Sat Feb 17, 2024 10:23 am
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

17/2/1968, Burnley 2 Manchester United 1.
Good win over that season's European Cup winners.
by bfc8
Thu Feb 15, 2024 5:30 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

^^^^ Clubs only allowed to spend their revenue if below the flat cap, borrowing to get up to cap not allowed. Some high revenue clubs may not be able to spend all their revenue, may give bigger profits to owners, or lead to reduced unit prices, ie reduced ticket prices. In the real world the latter ...
by bfc8
Thu Feb 15, 2024 5:16 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

The current UEFA and latest PL rules lay down player spending, transfers, salaries, etc as a % of revenue, so clearly clubs want to maximise revenue that counts under the formula. Some say it favours clubs already in euro comps because they clearly already have that income, unlike clubs aspiring to...
by bfc8
Thu Feb 15, 2024 4:24 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

It is indeed an interesting one - and was brought up on The Price of Football podcast on Monday at the moment there is nothing stopping someone like PiF waking a multi-billion dollar investment in Newcastle's name and then using profits from the venture to rapidly grow the clubs finances even selli...
by bfc8
Thu Feb 15, 2024 3:17 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

It seems that Alex Hearn has conceded in the takeover race for West Brom and has also been magnanimous in defeat with regard to how the debt the current owner of the club will be repaid, including the removal of those eye-watering interest rates that were kicking in. All in all it seems like a seri...
by bfc8
Thu Feb 15, 2024 3:05 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

So how does a club with limited revenues and catchment innovate to create additional non-football revenue - Inverness Caledonian Thistle thought they had planning approval for their answer last week, now they are not so sure as it has been called back for review. from The Times Why Inverness Caledo...
by bfc8
Tue Feb 13, 2024 6:09 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

The "inner-circle" at Everton are now suggesting imminent problems. As an aside bfc8, really missing your "On this day" threads. otd 1901 Burnley 7 Newton Heath 1 FAC, had thought it a bit old to mention ! Everton, dire, but. There is a chance someone is keeping their powder dry spotting a good lon...
by bfc8
Tue Feb 13, 2024 5:05 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

"Sensible" ?? £450 million, in albeit , interest free loans. My use of sensible was about Spurs, see above answer. If you are referring to Everton then I agree ill-advised. Everton might have followed Spurs lead, surprised they didn't. May have been Usmanov was financing them removed from the scene...
by bfc8
Tue Feb 13, 2024 4:56 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

"Sensible" ?? £450 million, in albeit , interest free loans. The Spurs debt is higher than that, something like £700m in long term loans, US banks, locked in at low interest rates, no principal repayment until the end of the loan, a bullet payment, may be rolled over again even then. Stadium expect...
by bfc8
Tue Feb 13, 2024 4:47 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

^^^^ One other associated issue. Everton mentioned barriers to entry into the then big6 PL teams. They tried to spend their way in, unsuccessfully. Thought big spending on players and stadium would help entry and might have done handled differently. But for any team, as Newcastle are finding, the sp...
by bfc8
Tue Feb 13, 2024 4:40 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

This is a mess.....How have Everton allowed this financial situation to unfold ? One of the biggest names in the English football game is literally on the precipice. A total debt of £1billion, the majority of that to Moshiri, who is taking less and less interest in the Club by the day. A masive que...
by bfc8
Tue Feb 13, 2024 3:08 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

PL feels a bit more rigged than before with a latest vote. The 3 year rolling maximum loss formula being replaced by a % of revenue formula for player transfers, salaries, etc. That seems to favour clubs in euro comps and help keep them there !
by bfc8
Mon Feb 12, 2024 2:08 pm
Forum: The Bee Hole End
Topic: My first view of the new Everton stadium
Replies: 13
Views: 2263

Re: My first view of the new Everton stadium

Old v. new stadium.
Debate currently about Man Utd OT. One argument for a new stadium is natural life span of an old one, OT would need massive works on electrics, water in/out, wifi, etc, etc. Means new stadium while costing more may be more economic due to very large costs of renovation.
by bfc8
Sun Feb 11, 2024 1:35 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 10007
Views: 1035906

Re: Football's Magic Money Tree

With abstentions making the the 12-6 vote a winning one in regards to the new Associated Party Rules and regular media suggestions of distant/divisive factions over how to pay for the 'New Deal for Football', it is becoming obvious that the Premier League is no longer a united force. The problem (a...
by bfc8
Sat Feb 10, 2024 2:10 pm
Forum: The Bee Hole End
Topic: On this day
Replies: 134
Views: 10656

Re: On this day

10/2/1909, Burnley 9 Crystal Palace 0 FAC.
Another of 4 record 9-0 wins.
by bfc8
Tue Feb 06, 2024 12:08 am
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12775
Views: 1263486

Re: ALK Capital or Farnell/Elkashashy takeover

^^^^
31/7/2022 debtor £114m, loans slightly lower than in 2021.