AIScout deal frozen by Premier League
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AIScout deal frozen by Premier League
Premier League clubs voted on Monday to impose a temporary freeze on any of them signing commercial and sponsorship deals with businesses that have links to their club's owners.
This is in relation to concerns raised that Newcastle's new owners could sign deals with Saudi state-owned companies.
https://www.skysports.com/football/news ... 3Xz81XYKAc
This is in relation to concerns raised that Newcastle's new owners could sign deals with Saudi state-owned companies.
https://www.skysports.com/football/news ... 3Xz81XYKAc
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Re: AIScout deal frozen by Premier League
...and Manchester City abstained.
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Re: AIScout deal frozen by Premier League
And this is suddenly an issue?
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Re: AIScout deal frozen by Premier League
I'm not sure what is "frozen" for us? I don't know if AIScout actually sponsor the club in any way that provides us with any kind of liquidity or funds?
I'm also not sure that even if that were the case these rules have (or even could) be applied retrospectively. This would surely fall foul of some kind of law.
The story is true but the implication that something is now "frozen" for us seems wide of the mark to me.
I'm also not sure that even if that were the case these rules have (or even could) be applied retrospectively. This would surely fall foul of some kind of law.
The story is true but the implication that something is now "frozen" for us seems wide of the mark to me.
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Re: AIScout deal frozen by Premier League
If it's being applied retrospectively then Man City just ceased to exist.
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Re: AIScout deal frozen by Premier League
A big jump to go from a temp ban on Newcastle sponsorships that could be linked to the club for lucrative overinflated sponsorship deals that would allow them to circumnavigate FFP and our work with AIScout...or am I missing something?
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Re: AIScout deal frozen by Premier League
Ashley got out of Njcastle just in time. Sports Direct plastered all over the stadium.
Re: AIScout deal frozen by Premier League
I think this is to stop the owners pouring money into the club. I don't see why it would impact deals the other way where clubs are paying a connected company to provide a service.
Re: AIScout deal frozen by Premier League
We’re we about to sign a deal with AI Scout? It’s the only way this news could possibly impact us.
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Re: AIScout deal frozen by Premier League
Good thread. Thanks for starting it.
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Re: AIScout deal frozen by Premier League
Strange how this is suddenly important.
The big clubs are running scared
The big clubs are running scared
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Re: AIScout deal frozen by Premier League
Chelski and Mercenary City not wanting someone adapting their business model?evensteadiereddie wrote: ↑Tue Oct 19, 2021 9:54 amStrange how this is suddenly important.
The big clubs are running scared
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Re: AIScout deal frozen by Premier League
Absolutely - the self-styled most competitive league in the world is trying to shut up shop. Brilliant.
Re: AIScout deal frozen by Premier League
This sounds like an attack on one club. That can't be right.
Presumably if you were the Saudis having bought the club with certain rules in place now finding the rules changed must be more then annoying. I wonder what they'll do?
Presumably if you were the Saudis having bought the club with certain rules in place now finding the rules changed must be more then annoying. I wonder what they'll do?
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Re: AIScout deal frozen by Premier League
My heart bleeds for them.
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Re: AIScout deal frozen by Premier League
Based on their current mode of operations?
Drone strike probably
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Re: AIScout deal frozen by Premier League
Well if any of the decision makers get invited to a hotel by these probably best not going
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Re: AIScout deal frozen by Premier League
The Saudis will love them to bits....
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Re: AIScout deal frozen by Premier League
At times like this, you've just got to think - who can afford the best lawyers
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Re: AIScout deal frozen by Premier League
It's great to know that AIScout is making so much money that they can be thinking of become a sponsor of Burnley.claptrappers_union wrote: ↑Tue Oct 19, 2021 9:34 amNo, I just made the topic 'Clickbaity'... the point remains that if AiScout was to invest in the club, they wouldn't be able to at the moment.
How many $billions is AIScout worth these days?
UTC
Re: AIScout deal frozen by Premier League
According to the AiScout website it's still in testing so my guess would be it's making a loss as it has no customers.Paul Waine wrote: ↑Tue Oct 19, 2021 12:37 pmIt's great to know that AIScout is making so much money that they can be thinking of become a sponsor of Burnley.
How many $billions is AIScout worth these days?
UTC
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Re: AIScout deal frozen by Premier League
It's only in place for a month to allow for further discussion. Legally it might not be enforceable apparently. I suspect its been put in place for 2 reasons. 1. To stop the Saudis suddenly sponsoring a seat for £50m. 2. To ensure any further sponsorship dealings are met with high scrutiny and prices are not artificially inflated (which is I think what City were accused of)
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Re: AIScout deal frozen by Premier League
Lancasterclaret wrote: ↑Tue Oct 19, 2021 10:35 amBased on their current mode of operations?
Drone strike probably
Re: AIScout deal frozen by Premier League
City "negotiate" humongous long term stadium/training ground/car park/toilets deals with sponsors with absolutely no connection to their owner, no sir, none whatsoever, then despite there being zero interest from other parties, somehow manage to renegotiate them every year for even more money.Roosterbooster wrote: ↑Tue Oct 19, 2021 12:55 pmIt's only in place for a month to allow for further discussion. Legally it might not be enforceable apparently. I suspect its been put in place for 2 reasons. 1. To stop the Saudis suddenly sponsoring a seat for £50m. 2. To ensure any further sponsorship dealings are met with high scrutiny and prices are not artificially inflated (which is I think what City were accused of)
Etihad sponsor them for hundreds of millions, despite losing over a billion last year. It makes you wonder how they can afford it.
They comply with FFP though, which is all that matters.
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Re: AIScout deal frozen by Premier League
I think (as has been alluded to) it is to stop clubs circumventing FFP by pumping money in via the self sponsorship route. One has to imagine that it is going forward rather than looking at current deals otherwise Manchester City have a massive black hole in their finances. Leicester too would be in trouble.
It is morally correct from a competition perspective to do this but you have to wonder about the timing. Just as Newcastle were about to splash the cash via this route the other clubs try and pull the plug. I'm sure they will find a way.
It is morally correct from a competition perspective to do this but you have to wonder about the timing. Just as Newcastle were about to splash the cash via this route the other clubs try and pull the plug. I'm sure they will find a way.
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Re: AIScout deal frozen by Premier League
I don't see how AIScout were ever going to invest in the club when the club has already invested in AIScout. One of the first actions ALK did, out of the clubs bank balance of course.claptrappers_union wrote: ↑Tue Oct 19, 2021 9:34 amNo, I just made the topic 'Clickbaity'... the point remains that if AiScout was to invest in the club, they wouldn't be able to at the moment.
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Re: AIScout deal frozen by Premier League
ALK acquired an interest in AIScout before they acquired 84% of Burnley.Sleeping Cat wrote: ↑Tue Oct 19, 2021 5:14 pmI don't see how AIScout were ever going to invest in the club when the club has already invested in AIScout. One of the first actions ALK did, out of the clubs bank balance of course.
Based on responses to some earlier posts this thread may shortly be locked and offending posts deleted.
UTC
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Re: AIScout deal frozen by Premier League
And since they acquired 84% of Burnley they have invested more into AIScout via Burnley. This will be reflected in the accounts when they eventually come to pass.Paul Waine wrote: ↑Tue Oct 19, 2021 5:54 pmALK acquired an interest in AIScout before they acquired 84% of Burnley.
Based on responses to some earlier posts this thread may shortly be locked and offending posts deleted.
UTC
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Re: AIScout deal frozen by Premier League
Interesting. So, what is the nature of Burnley's investment in AIScout? Is anything reported by AIScout on Companies House?Sleeping Cat wrote: ↑Wed Oct 20, 2021 2:15 pmAnd since they acquired 84% of Burnley they have invested more into AIScout via Burnley. This will be reflected in the accounts when they eventually come to pass.
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Re: AIScout deal frozen by Premier League
I thought it was widely known that we’d invested in it.Paul Waine wrote: ↑Wed Oct 20, 2021 2:44 pmInteresting. So, what is the nature of Burnley's investment in AIScout? Is anything reported by AIScout on Companies House?
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Re: AIScout deal frozen by Premier League
Hi CT, can you point me to where this was announced?
I know we all saw the announcement of ALK Capital's "strategic investment" in AiScout (and also PlayerLens) in Aug 2020. This was a few weeks before it was confirmed ALK were one of the possible acquirers of the club.
I know we all saw the announcement that Burnley would "partner with" AiScout using the AiScout app in the search for new (young) talent. I think this was first announced in Jan this year, after ALK bought the club.
I don't recall seeing anything that said BFC had invested in AiScout. Maybe it's a "senior moment" for me.
UTC
Re: AIScout deal frozen by Premier League
Similarly, I'd not seen anything saying the club had invested and a quick search online doesn't show up anything.
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Re: AIScout deal frozen by Premier League
Sleeping Cat wrote: ↑Wed Oct 20, 2021 2:15 pmAnd since they acquired 84% of Burnley they have invested more into AIScout via Burnley. This will be reflected in the accounts when they eventually come to pass.
I'm more inclined to believe the post from Sleeping Cat than a quick search online
Re: AIScout deal frozen by Premier League
Fair enough. I have no idea who Sleeping Cat is so can't really judge how reliable their information is.ClaretTony wrote: ↑Wed Oct 20, 2021 4:14 pmI'm more inclined to believe the post from Sleeping Cat than a quick search online
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Re: AIScout deal frozen by Premier League
Hi Sleeping Cat,Sleeping Cat wrote: ↑Wed Oct 20, 2021 2:15 pmAnd since they acquired 84% of Burnley they have invested more into AIScout via Burnley. This will be reflected in the accounts when they eventually come to pass.
I've done a little bit of digging since earlier. The digging has taken me to AiScout's LinkedIn profile. There's some good stuff there.
I didn't know - and I haven't seen it mentioned on this mb - that AiScout and Burnley were featured on Click, the BBC's technology programme in August.
This link should work: https://lnkd.in/d8NBZuNF
Maybe this edition of Click is also still available on iPlayer.
I now have a pretty good understanding of how AiScout works. It appears that they can identify some promising young footballers.
We all know that AiScout is working with BFC. We know that ALK have invested in AiScout. We've discussed that BFC may also have invested in AiScout. I'm going to stick my neck out and say that this is a misunderstanding, BFC have not invested in AiScout. BFC are just one of several Premier League teams, and other football teams, that is partnering with AiScout. Chelsea, Arsenal and Watford are some of the others. Their LinkedIn site also mentioned a youngster who had made his debut for Bournemouth after being identified by AiScout.
Anyway, Good stuff.
UTC
Re: AIScout deal frozen by Premier League
Ok, I guess we'll see what comes out. I just struggle to see what the benefit of Burnley investing in them rather than ALK is (from ALK's point of view).ClaretTony wrote: ↑Wed Oct 20, 2021 5:09 pmMore that he seems to have the same info I've picked up locally.
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Re: AIScout deal frozen by Premier League
Hi aggi, can I ask you to take a look at AiScout's profile on LinkedIn - I'm assume you've got access to LinkedIn.
See above my post above yours. Interested if you reach similar conclusions to me.
Re: AIScout deal frozen by Premier League
I'd agree that it seems unlikely that an investment from Burnley makes sense, they want to deal with multiple teams and taking a tiny equity share doesn't do much for Burnley. I suspect some of AI Scout's marketing may be a little open to interpretation, I reckon it may be that AI Scout identifed them and they got a contract but the latter isn't necessarily due to the former (the Bournemouth lad makes no mention of it for instance), just proof that the concept works.
Looking at Comapnies House ALK have a tiny investment in non-voting shares. More non-voting shares (~ £180k) were issued in July so it's possible that BFC or ALK invested at that point. I still struggle to see that Burnley would be buying the shares though.
Looking at Comapnies House ALK have a tiny investment in non-voting shares. More non-voting shares (~ £180k) were issued in July so it's possible that BFC or ALK invested at that point. I still struggle to see that Burnley would be buying the shares though.
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Re: AIScout deal frozen by Premier League
Thanks for this Paul, It's very interesting and certainly something that can help identify potential talent. I have it on good authority that we have paid some money to AI Scout thought I'm not sure what for. Maybe the accounts will show this, though that is a long time to wait. Let's hope the whatever we have agreed with AIScout, it returns something positive.Paul Waine wrote: ↑Wed Oct 20, 2021 7:17 pmHi Sleeping Cat,
I've done a little bit of digging since earlier. The digging has taken me to AiScout's LinkedIn profile. There's some good stuff there.
I didn't know - and I haven't seen it mentioned on this mb - that AiScout and Burnley were featured on Click, the BBC's technology programme in August.
This link should work: https://lnkd.in/d8NBZuNF
Maybe this edition of Click is also still available on iPlayer.
I now have a pretty good understanding of how AiScout works. It appears that they can identify some promising young footballers.
We all know that AiScout is working with BFC. We know that ALK have invested in AiScout. We've discussed that BFC may also have invested in AiScout. I'm going to stick my neck out and say that this is a misunderstanding, BFC have not invested in AiScout. BFC are just one of several Premier League teams, and other football teams, that is partnering with AiScout. Chelsea, Arsenal and Watford are some of the others. Their LinkedIn site also mentioned a youngster who had made his debut for Bournemouth after being identified by AiScout.
Anyway, Good stuff.
UTC
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