ALK Capital or Farnell/Elkashashy takeover

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aggi
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by aggi » Wed Oct 20, 2021 9:04 am

GodIsADeeJay81 wrote:
Tue Oct 19, 2021 10:05 pm
It wasn't aimed at solely you.

As for servicing the debts and paying off Garlick, do we need to go over old ground again?
If you don't get it now then you never will and me explaining it again isn't going to help.

It's all about growing the club's revenue streams, it always has been.
The club under Garlick etc failed to capitalise on many things to improve revenue, maybe because they didn't have the time, or they didn't understand them.
It's more likely the other senior staff at the club didn't have a clue either but that's life.

The new lot are making many key changes, we've all seen and/or spoken about it on here.
Some aren't impressed by them, but they aren't being done for the benefit of fans, it's being done for the benefit of the long term future of the club.
I think it's clear that player sales would have to be our main revenue route. Benchmarking us against other clubs it doesn't seem likely we could individually grow other revenues to such an extent that it would make a huge difference (although there certainly are areas where revenue could be bumped up) unless we managed to dream up somethng truly innovative.

The summer signings certainly do seem to suggest that we will be looking at player sale revenue and we just have to hope that Dyche is onboard with that.

I imagine the other expectation is that we will just get dragged along with the rest of the Premier League in improving TV deals, levels of exposure, etc.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by bf2k » Wed Oct 20, 2021 9:37 am

GodIsADeeJay81 wrote:
Tue Oct 19, 2021 10:42 pm
Venkys had absolutely no prior history of being involved in football, or sports, in anyway shape or form.

Pace and co have past experience and it shows because instead of sacking the man who can keep us up, they've done their best to prove they can meet his ambitions.

Venkys biggest mistake was potting BFS and putting Kean in charge.
Venkys caved into fan pressure when they sacked BFS. However, on the evidence I've seen ALK are miles apart from the Venkys but saying comments like we won't be relegated are naïve at best

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by JohnMcGreal » Wed Oct 20, 2021 9:43 am

I wish I could feel as relaxed as some posters on here about our potential relegation. Some people seem to think it's still 2019.

If we'd been relegated a couple of years ago, it probably wouldn't have been the end of the world. The squad was a few years younger, we had substantial cash reserves and no debt. We'd have been in excellent shape, had we gone down.

There's no way anybody could make that claim now. It seems the cash reserves have gone and been replaced with a substantial debt leveraged against the club. A debt that has to be repaid regardless of what division we're in. The squad is a few years older, and isn't likely to be as dominant in the Championship as it might have been a few years ago. It's all well and good trying to increase other revenue streams, but you'd have to sell a lot of pies to fill the financial black hole left by our departure from the PL.

From what we know, it sounds like it would be pretty much disastrous for the club if it got relegated at this time. I'm not really sure how it couldn't be.
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Re: NNN Podcast

Post by IanMcL » Wed Oct 20, 2021 10:29 am

Father Jack wrote:
Wed Oct 20, 2021 6:37 am

Are buyers duty bound to reveal the source of funds?
Would Mike and John B have known?
They were content that the funding was assured and would fill their boots.

I have gone off them, totally.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by GodIsADeeJay81 » Wed Oct 20, 2021 10:38 am

joey13 wrote:
Wed Oct 20, 2021 8:08 am
There you go again mentioning player sales ,as for expanding other revenue streams , the market simply isn’t there , I just don’t understand your defence of what is probably the worst ever football club takeover .
If the market isn't there then why do we have transfer windows?
Why have Brentford sold over £100 million worth of players since 2016?

As for the worst ever takeover, Portsmouth, Bury, Blackpool, Rovers, Bolton and others would disagree

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by GodIsADeeJay81 » Wed Oct 20, 2021 10:41 am

Quickenthetempo wrote:
Tue Oct 19, 2021 11:08 pm
I agree it's the way we should go but I'm not convinced Dyche agrees.

Garlick tried selling Tarky to Leicester with it nearly being done. Until Dyche threatened to resign.
Most of his players stay too long until we have to give them away.
It works for Dyche but it doesn't improve the club much.
We didn't have a replacement for Tarks.

Considering how much has been said about the club standing still in transfer windows over recent years, I'm impressed you can't understand why Dyche would block the sale of a key defender when the reserves weren't anywhere near good enough at the time.
Last edited by GodIsADeeJay81 on Wed Oct 20, 2021 10:43 am, edited 1 time in total.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by GodIsADeeJay81 » Wed Oct 20, 2021 10:42 am

dsr wrote:
Tue Oct 19, 2021 11:01 pm
You're speculating that we will have to sell players to pay off Mike Garlick? There's no need for other people to make things up for a negative agenda. That's a huge negative in itself.
Nope, I'm saying that the revenue streams need to grow and that includes player sales.
Now some of that may go towards paying off club debts, but I'm not the one on here pushing negative whiny agendas all the time.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by GodIsADeeJay81 » Wed Oct 20, 2021 10:44 am

KRBFC wrote:
Tue Oct 19, 2021 10:58 pm
If we go off what was reported, it was 3 instalments pretty imminent ones too.
On one hand you're telling me ''what's not to understand'' and the next you say ''non of us know the answer'' to the question I posed.

It's interesting you say expand revenue streams for matchdays, 2 weeks after fans with 6% of shares were offered humongous amounts of club credits/free tickets.
None of us on here are privy to the details of the sale.

Plenty are struggling about how to grow a business.

Match day revenue is one option, as stated.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Tall Paul » Wed Oct 20, 2021 10:45 am

jojomk1 wrote:
Wed Oct 20, 2021 8:42 am
One thing's for sure

If we get relegated, commercial and revenue streams (inc Premiership money) will plummet so player sales will be our main source of revenue

As for ALK wanting to buy all remaining shares, just a short story

I was working for a substantial, family owned company who sold all of their interests to a pair of private investors for around £750m

The following year the company produced profits of approx £680m and the new owners announced they would be keeping that money for themselves

Just shows what you can do when you are the sole owners
They can do that with their current 84% shareholding if they want.

Sounds like the family in your story significantly undervalued their shares when they sold them.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Claretnick » Wed Oct 20, 2021 11:00 am

Why are people obsessed about this?
We are only fans, we don't have any knowledge about the agreement between Pace and Garlick, why worry about something we have no control over. Yes it will be upsetting if the worst case scenario happens but again there's nothing we can do to prevent it other than filling the ground every matchday and spending money with the club.
If the club needs to increase revenues then they are relying on us as paying customers to contribute. Maybe they are working hard to improve the football entertainment and facilities?
There's enough aggro in daily life at the moment without bothering about the club's financial situation, just saying.
Lets cheer the lads on for a morale boosting win tonight UTC.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Quickenthetempo » Wed Oct 20, 2021 11:01 am

GodIsADeeJay81 wrote:
Wed Oct 20, 2021 10:41 am
We didn't have a replacement for Tarks.

Considering how much has been said about the club standing still in transfer windows over recent years, I'm impressed you can't understand why Dyche would block the sale of a key defender when the reserves weren't anywhere near good enough at the time.
and I'm impressed you can't understand there is very little evidence of Dyche wanting to upsell players with 9 years of information, but here we are.
Trying to keep it civil, 99% of managers will have a replacement list ready if players get sold or long term injured.
Most don't promote from within to replace stars.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Newcastleclaret93 » Wed Oct 20, 2021 11:27 am

bf2k wrote:
Wed Oct 20, 2021 9:37 am
Venkys caved into fan pressure when they sacked BFS. However, on the evidence I've seen ALK are miles apart from the Venkys but saying comments like we won't be relegated are naïve at best
It’s also laughable to suggest that ALK have been successful in owning football clubs.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Paul Waine » Wed Oct 20, 2021 11:35 am

Newcastleclaret93 wrote:
Wed Oct 20, 2021 11:27 am
It’s also laughable to suggest that ALK have been successful in owning football clubs.
Didn't (some of) the guys in ALK take Salt Lake City from a failing team (in a no relegation league) to win the league?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Newcastleclaret93 » Wed Oct 20, 2021 11:41 am

Paul Waine wrote:
Wed Oct 20, 2021 11:35 am
Didn't (some of) the guys in ALK take Salt Lake City from a failing team (in a no relegation league) to win the league?
It has been covered a number of times on this page. They had some success but ended up having to leave both clubs due to finances

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claretonthecoast1882 » Wed Oct 20, 2021 11:45 am

From "Laughable to suggest they have been successful " to "they had some success" in less than 10 minutes ?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Devils_Advocate » Wed Oct 20, 2021 11:45 am

Paul Waine wrote:
Wed Oct 20, 2021 11:35 am
Didn't (some of) the guys in ALK take Salt Lake City from a failing team (in a no relegation league) to win the league?
Not quite Dave Checketts headed up the initial franchise to launch them into the MLS so was responsible for both failings and success.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Newcastleclaret93 » Wed Oct 20, 2021 11:50 am

claretonthecoast1882 wrote:
Wed Oct 20, 2021 11:45 am
From "Laughable to suggest they have been successful " to "they had some success" in less than 10 minutes ?
I thought you would find it difficult to tell the difference between being successful and having some success

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claretonthecoast1882 » Wed Oct 20, 2021 11:52 am

Newcastleclaret93 wrote:
Wed Oct 20, 2021 11:50 am
I thought you would find it difficult to tell the difference between being successful and having some success
:D irony from someone who struggles with everything day to day

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by GodIsADeeJay81 » Wed Oct 20, 2021 12:01 pm

Newcastleclaret93 wrote:
Wed Oct 20, 2021 11:27 am
It’s also laughable to suggest that ALK have been successful in owning football clubs.
I haven't made that claim, I stated they've got more experience than the Venkys ever had, that can make a lot of difference at times.

ALK - knew Dyche was a key figure at the club, fought hard to earn his trust and then got the new deal signed.

Venkys - caved in to pressure.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by aggi » Wed Oct 20, 2021 12:17 pm

On other revenue, this was helpfully posted today by PriceofFootball in the context of Newcatle

Image

We can clearly improve on our current position but , discounting the biggest clubs, there doesn't seem to be huge money to be exploited in this area.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by KRBFC » Wed Oct 20, 2021 12:19 pm

claretonthecoast1882 wrote:
Wed Oct 20, 2021 11:52 am
:D irony from someone who struggles with everything day to day
Is there any need for this on every single topic?
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Lancasterclaret » Wed Oct 20, 2021 12:24 pm

We need people to point out inconsistencies in peoples postings that they can't see for themselves

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claretonthecoast1882 » Wed Oct 20, 2021 12:30 pm

Lancasterclaret wrote:
Wed Oct 20, 2021 12:24 pm
We need people to point out inconsistencies in peoples postings that they can't see for themselves

Agreed, like one poster who frequently claimed previous owner was pocketing money out the club now being worried about the future of the club under new owner after finally realising the previous owner wasn't that bad.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by gawthorpe_view » Wed Oct 20, 2021 12:39 pm

Not sure if this has been covered earlier...

https://www.burnleyfootballclub.com/con ... burnley-fc
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Swizzlestick » Wed Oct 20, 2021 12:41 pm

aggi wrote:
Wed Oct 20, 2021 12:17 pm
On other revenue, this was helpfully posted today by PriceofFootball in the context of Newcatle

Image

We can clearly improve on our current position but , discounting the biggest clubs, there doesn't seem to be huge money to be exploited in this area.
Was intrigued as to how Brighton had achieved almost double our commercial revenue and it appears it's due to the big sponsorship deal with Amex (I wonder if we'll be looking at stadium naming rights) and Sussex's first Ikea...
Commercial revenue represented some good news for Brighton as it grew to a record £29.5 million, up £18.1 million on what came in during the 2018-19 season.

Some of that rise comes from new deals with both American Express and Nike. Amex signed up to a new 10 year sponsorship agreement worth £100 million in August 2019 and three months earlier Nike renewed their partnership with the Albion on improved terms.

Over half of the increase in commercial revenue came from the building work going on at the training ground. New homes and most excitingly of all, Sussex’s first IKEA are being constructed as part of a development which netted the Albion a cool £10 million in 2019-20.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by aggi » Wed Oct 20, 2021 1:05 pm

gawthorpe_view wrote:
Wed Oct 20, 2021 12:39 pm
Not sure if this has been covered earlier...

https://www.burnleyfootballclub.com/con ... burnley-fc
This ties in with what I posted earlier:

Personally I fully expect Pace to be the public face of a consortium of investors, not the sole owner

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Foshiznik » Wed Oct 20, 2021 1:20 pm

The more investors the more money, the more resources.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by KRBFC » Wed Oct 20, 2021 1:22 pm

claretonthecoast1882 wrote:
Wed Oct 20, 2021 12:30 pm
Agreed, like one poster who frequently claimed previous owner was pocketing money out the club now being worried about the future of the club under new owner after finally realising the previous owner wasn't that bad.
At least air them out....

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by KRBFC » Wed Oct 20, 2021 1:26 pm

aggi wrote:
Wed Oct 20, 2021 1:05 pm
This ties in with what I posted earlier:

Personally I fully expect Pace to be the public face of a consortium of investors, not the sole owner
So there could be some real money men in the shadows who have remained anonymous for whatever reason? Would they invest money without receiving shares in their name?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by daveisaclaret » Wed Oct 20, 2021 1:39 pm

gawthorpe_view wrote:
Wed Oct 20, 2021 12:39 pm
Not sure if this has been covered earlier...

https://www.burnleyfootballclub.com/con ... burnley-fc
Bit of an anti-Semite is Malcolm Jenkins, unfortunately.

That aside these kinds of stunts aren't uncommon for PR in sports in the USA although they'd typically use a much bigger name obviously. Bit of a nothing other than the aforementioned anti-Semitism which I for one am against.

He was one of the first to kneel during the US national anthem to protest racism, just for those who will be annoyed to hear it.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by TheFamilyCat » Wed Oct 20, 2021 1:43 pm

daveisaclaret wrote:
Wed Oct 20, 2021 1:39 pm
Bit of an anti-Semite is Malcolm Jenkins, unfortunately.

That aside these kinds of stunts aren't uncommon for PR in sports in the USA although they'd typically use a much bigger name obviously. Bit of a nothing other than the aforementioned anti-Semitism which I for one am against.

He was one of the first to kneel during the US national anthem to protest racism, just for those who will be annoyed to hear it.
Snazzy suit though.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Claretnick » Wed Oct 20, 2021 1:44 pm

KRBFC wrote:
Wed Oct 20, 2021 1:26 pm
So there could be some real money men in the shadows who have remained anonymous for whatever reason? Would they invest money without receiving shares in their name?
There could be or there might not be. For all we know Mr Pace and co are close to Mr Dell of Dell computers, maybe the loan will convert into equity? who knows apart from the main players.
There is only so much information in the public domain with private limited companies, the real work is being done behind the scenes in the boardroom between the directors and bankers perhaps, for all we know MDS are getting daily figures from the club's financial admin team and we are being monitored closely. Let these guys with their banking experiences get on with their jobs while they let SD get on with his.
I just think all this gueswork is spawning negativity towards the new owners and ultimately the club, we have a massive fight on our hands to keep in the PL and we could do with everyone singing off the same song sheet.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by dsr » Wed Oct 20, 2021 1:49 pm

This isn't an investment out of sentimental desire to own a football club. This is an investment for people who are willing to invest a relatively small amount of money in hopes of getting a big return. All the leverage is with Burnley FC. If we get relegated and the club (with all its debt) becomes worthless, the investors lose about £15m, assuming estimates of their initial stake are correct. If all goes well and the value of the club goes up (ie. we stay in the PL), then they can sell at a profit and make who knows how many millions; in the meantime, no doubt the directors can take profits, the investors can take management charges, and if they get 90% of the shares and can compulsorily buy the rest, they can take dividends too.

But remember this - they're in it for money, not sentiment.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jedi_master » Wed Oct 20, 2021 1:51 pm

daveisaclaret wrote:
Wed Oct 20, 2021 1:39 pm
Bit of an anti-Semite is Malcolm Jenkins, unfortunately.

That aside these kinds of stunts aren't uncommon for PR in sports in the USA although they'd typically use a much bigger name obviously. Bit of a nothing other than the aforementioned anti-Semitism which I for one am against.

He was one of the first to kneel during the US national anthem to protest racism, just for those who will be annoyed to hear it.
I would not claim to know a thing about this man, but the quickest of Google’s shows that it was his teammate that was anti-Semitic, with Jenkins condemning what he had said? Unsure if there is any further context beyond this article than I am aware of.

https://www.nbcsports.com/philadelphia/ ... n-argument

Overall though, seems a strange investment. What’s he getting out of it? Is he just a football fan? What size of investment has he made and what commitment to invest from him is there going forwards?

More mysteries.

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Malcom Jenkins and ALK finance

Post by claret wizard » Wed Oct 20, 2021 1:52 pm

I saw this on Linkedin earlier today on Alan Pace's feed. Now the BBC have picked up on it.

https://www.bbc.co.uk/sport/football/58977697

SOome more detail on where the ALK money is coming from.

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Re: Malcom Jenkins and ALK finance

Post by Iloveyoubrady » Wed Oct 20, 2021 1:55 pm

Seems interesting. Don’t quite know what he is bringing to the table though. A net worth of less than £100M apparently which isn’t a lot in football but we will see what happens next.

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Re: Malcom Jenkins and ALK finance

Post by Tribesmen » Wed Oct 20, 2021 1:59 pm

Interesting

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by daveisaclaret » Wed Oct 20, 2021 1:59 pm

jedi_master wrote:
Wed Oct 20, 2021 1:51 pm
I would not claim to know a thing about this man, but the quickest of Google’s shows that it was his teammate that was anti-Semitic, with Jenkins condemning what he had said? Unsure if there is any further context beyond this article than I am aware of.

https://www.nbcsports.com/philadelphia/ ... n-argument

Overall though, seems a strange investment. What’s he getting out of it? Is he just a football fan? What size of investment has he made and what commitment to invest from him is there going forwards?

More mysteries.
He was openly dismissive that his former teammate's being openly and virulently anti-Semitic was actually an issue It's not my job/role to convince you anyone is anything though and if you're happy to dismiss it with a quick Google search that's your own business.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Iloveyoubrady » Wed Oct 20, 2021 1:59 pm

jedi_master wrote:
Wed Oct 20, 2021 1:51 pm
I would not claim to know a thing about this man, but the quickest of Google’s shows that it was his teammate that was anti-Semitic, with Jenkins condemning what he had said? Unsure if there is any further context beyond this article than I am aware of.

https://www.nbcsports.com/philadelphia/ ... n-argument

Overall though, seems a strange investment. What’s he getting out of it? Is he just a football fan? What size of investment has he made and what commitment to invest from him is there going forwards?

More mysteries.
Maybe ALK are going to allow many rich Americans (but not rich enough to buy the whole club) have an important part in owning a club to raise enough funds all together to run it.
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Re: Malcom Jenkins and ALK finance

Post by Papabendi » Wed Oct 20, 2021 2:00 pm

Bugger - 100m is that all

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Re: Malcom Jenkins and ALK finance

Post by Quickenthetempo » Wed Oct 20, 2021 2:00 pm

Iloveyoubrady wrote:
Wed Oct 20, 2021 1:55 pm
Seems interesting. Don’t quite know what he is bringing to the table though. A net worth of less than £100M apparently which isn’t a lot in football but we will see what happens next.
He's one of their investors isn't he?

The invest 10m, expect to take 20m out type.

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Re: Malcom Jenkins and ALK finance

Post by Peter Loo » Wed Oct 20, 2021 2:03 pm

Burnley: Two-time Super Bowl champion Malcolm Jenkins invests in Premier League club:

Note a very accurate headline as later it states:

The NFL player has become a minority stakeholder in the "ALK Capital investment group" that took over the Lancashire club last year.

Still as said lets see what the benefits are to Burnley FC.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by daveisaclaret » Wed Oct 20, 2021 2:04 pm

Just to add his career earnings from football are $74.6 million dollars so while he's rich he's not meaningful-investment-in-a-random-foreign-football-club rich

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jedi_master » Wed Oct 20, 2021 2:06 pm

daveisaclaret wrote:
Wed Oct 20, 2021 1:59 pm
He was openly dismissive that his former teammate's being openly and virulently anti-Semitic was actually an issue It's not my job/role to convince you anyone is anything though and if you're happy to dismiss it with a quick Google search that's your own business.
I’m not happy to dismiss it which is why I asked for more context!
Jenkins said “Comments were made and they were wrong”. I am not sure what else a team mate is to do in such a circumstance, it is for the club to formally discipline the player who made the comments in question. It just seemed a stretch to call this guy ‘a bit of an anti-semite’ when he himself made no anti-Semitic comment that can be attributed to him, that I can see.

I would be saddened to hear our club was happy to accept investment from someone who held beliefs like that, hence my interest.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Lancasterclaret » Wed Oct 20, 2021 2:06 pm

daveisaclaret wrote:
Wed Oct 20, 2021 2:04 pm
Just to add his career earnings from football are $74.6 million dollars so while he's rich he's not meaningful-investment-in-a-random-foreign-football-club rich
Where are the oil rich states that are already massively anti-Semitic and racist when you need them eh?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Quickenthetempo » Wed Oct 20, 2021 2:08 pm

I see the Issa brothers from Blackburn that recently purchased Asda, have already put 500m worth of debt onto the company.

Not just Americans and football clubs.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jedi_master » Wed Oct 20, 2021 2:09 pm

Iloveyoubrady wrote:
Wed Oct 20, 2021 1:59 pm
Maybe ALK are going to allow many rich Americans (but not rich enough to buy the whole club) have an important part in owning a club to raise enough funds all together to run it.
Maybe so but I’d rather we were just owned by someone rich enough to run us!

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by daveisaclaret » Wed Oct 20, 2021 2:11 pm

jedi_master wrote:
Wed Oct 20, 2021 2:06 pm
I’m not happy to dismiss it which is why I asked for more context!
Jenkins said “Comments were made and they were wrong”. I am not sure what else a team mate is to do in such a circumstance, it is for the club to formally discipline the player who made the comments in question. It just seemed a stretch to call this guy ‘a bit of an anti-semite’ when he himself made no anti-Semitic comment that can be attributed to him, that I can see.

I would be saddened to hear our club was happy to accept investment from someone who held beliefs like that, hence my interest.
It's in the article you linked - dismissing Jackson's absolute anti-Semitism as below is anti-Semitic. I know politics aren't allowed but the refusal to see anti-Semitism as being an issue despite admitting it's wrong is basically what Corbyn was guilty of.

"Jewish people aren’t our problem, and we aren’t their problem. Let’s not lose focus on what the problem truly is, and that’s that black lives still don’t matter in this country."

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by daveisaclaret » Wed Oct 20, 2021 2:12 pm

Lancasterclaret wrote:
Wed Oct 20, 2021 2:06 pm
Where are the oil rich states that are already massively anti-Semitic and racist when you need them eh?
Could be much worse I agree. But still a little bit dodgy.

Then again I doubt he will ever be mentioned in the same sentence as BFC again after today

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jedi_master » Wed Oct 20, 2021 2:14 pm

daveisaclaret wrote:
Wed Oct 20, 2021 2:11 pm
It's in the article you linked - dismissing Jackson's absolute anti-Semitism as below is anti-Semitic. I know politics aren't allowed but the refusal to see anti-Semitism as being an issue despite admitting it's wrong is basically what Corbyn was guilty of.

"Jewish people aren’t our problem, and we aren’t their problem. Let’s not lose focus on what the problem truly is, and that’s that black lives still don’t matter in this country."
I took it as a weak retort to being questioned on his teammates anti-semitism (and a pretty pitiful attempt at diffusing) rather than outwardly supporting his beliefs. I get your point though.

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