Transfer embargo

[HistoricalClaret]

I am sure there are a number at the club who have been aware of this for a few months now given that they say they have been talking to the EFL about it for that length of time - the tone of the club's statement was much more one of disappointment than surprise.

The article makes clear that they have only been aware from Friday.
Also find it quite interesting that he explains the changing of auditors, the fact it was long planned and it wasnt expected to not take as long as it has internally.

[Quickenthetempo]

https://www.lancs.live/sport/football/f ... e-25832265

BFC Women have a deal with Shuttleworth College to use their facilities for training purposes - they do not train on a grass pitch, which is a longer term concern

The new pitch at the training ground went in after Pace said they would be training there.

I will show my arse in woolworths if Alan Pace builds a ground just for the women.

[Paul Waine]

Not sure if anyone else has said this but I believe VK new about this some 3 or 4 weeks ago .

Pretty certain that Vincent Kompany fully understands all the finances relating to BFC and all the ownership group. For any that don't know, Vincent Kompany studied for and was awarded MBA qualification at Manchester Business School while he was also Man City captain. Interesting also that Vincent Kompany met J J Watt when he was in a pre-season tour to US with City a few years ago.

[Paul Waine]

The new pitch at the training ground went in after Pace said they would be training there.

I will show my arse in woolworths if Alan Pace builds a ground just for the women.

We are all relieved that Woolworths closed down several years ago.

Why not build a ground for Burnley Women? Maybe that's what a number of the investors would want BFC to do. JJ Watt's wife is a retired international footballer.

[dsr]

We are all relieved that Woolworths closed down several years ago.

Why not build a ground for Burnley Women? Maybe that's what a number of the investors would want BFC to do. JJ Watt's wife is a retired international footballer.

If they want women's football to grow, they would do fine to start with a bog standard stand for say 2,000 alongside a pitch at Gawthorpe, and make that the home ground. Possibly let people in for free if it helps with planning permission issues, or else charge a low admission (£5 and £1, perhaps). Then get a butty or burger or pizza van,

Obviously planning permission and parking comes into it, and no doubt plenty of other factors as well, but if they start slowly with a pitch in Burnley and let it grow organically, they've got a good chance of success.

[Quickenthetempo]

We are all relieved that Woolworths closed down several years ago.

Why not build a ground for Burnley Women? Maybe that's what a number of the investors would want BFC to do. JJ Watt's wife is a retired international footballer.

Not sure Women's football makes a profit over here, never mind enough to spend 100m on a ground for.

[Chester Perry]

The new pitch at the training ground went in after Pace said they would be training there.

I will show my arse in woolworths if Alan Pace builds a ground just for the women.

The captain of BFC women co-commentated with Phil Bird recent game - she very clearly said that they train at Shuttleworth College on an artificial pitch

and I agree with Paul Waine about Woolworths

[Paul Waine]

Not sure Women's football makes a profit over here, never mind enough to spend 100m on a ground for.

I don't think anyone is thinking of spending £100 million.

[Chester Perry]

Not sure Women's football makes a profit over here, never mind enough to spend 100m on a ground for.

Women's football doesn't yet make a profit in this country, but some of the larger teams will this season or next, there are a few with bigger turnover than some League 1 teams

Burnley FC Women are a long way from that of course but a ground that can hold 1000-2000 with room to expand to say 5000 would not be too expensive to build - land prices are a different issue, though it would be great to have BFC Women and U21 matches on an expanded Gawthorpe campus

[Paul Waine]

The captain of BFC women co-commentated with Phil Bird recent game - she very clearly said that they train at Shuttleworth College on an artificial pitch

and I agree with Paul Waine about Woolworths

Kieran Maguire has written a good article on transfer embargo. Archive links always appreciated.

What do you think of John Lewis finance situation, CP? Good to see M&S are getting their act together again. Do you think this board would appreciate a thread or two in the UK retail sector? Way back when I was a young auditor I observed the stock take at Woolworths distribution warehouse in Rochdale.

[HistoricalClaret]

The captain of BFC women co-commentated with Phil Bird recent game - she very clearly said that they train at Shuttleworth College on an artificial pitch

and I agree with Paul Waine about Woolworths

If your talking about the Wigan Match that was the interim manager though the captain has been on in the past

[Chester Perry]

Kieran Maguire has written a good article on transfer embargo. Archive links always appreciated.

What do you think of John Lewis finance situation, CP? Good to see M&S are getting their act together again. Do you think this board would appreciate a thread or two in the UK retail sector? Way back when I was a young auditor I observed the stock take at Woolworths distribution warehouse in Rochdale.

I have enough on my plate without diversifying into new subject matter, thankyou, but you go ahead - I have found if you persist with a thread/subject matter for long enough people will engage, it just takes someone to drive the conversation on a regular basis

I did do a few stock takes in my youth, real grinds they were too.

[Chester Perry]

Kieran Maguire has written a good article on transfer embargo. Archive links always appreciated.

When and which publication - I am not finding anything

[Chester Perry]

The article makes clear that they have only been aware from Friday.
Also find it quite interesting that he explains the changing of auditors, the fact it was long planned and it wasnt expected to not take as long as it has internally.

They have been aware of the sanction being confirmed since Friday, the issue and potential outcome for much longer. the engagement with the EFL seems to show that they were trying to prevent the sanction, particularly making public the issue and therefore inviting greater scrutiny than a handful of fans on a parochially popular message board

[aggi]

Kieran Maguire has written a good article on transfer embargo. Archive links always appreciated.

What do you think of John Lewis finance situation, CP? Good to see M&S are getting their act together again. Do you think this board would appreciate a thread or two in the UK retail sector? Way back when I was a young auditor I observed the stock take at Woolworths distribution warehouse in Rochdale.

Those were the days. Getting up at 6am and heading off to an industrial estate somewhere to ask some bloke to re-count these boxes so you can put a tick on your sheet.

[Paul Waine]

When and which publication - I am not finding anything

Oops, my mistake - not paying attention. Andy Jones article in Athletic is what I meant.

[Paul Waine]

Those were the days. Getting up at 6am and heading off to an industrial estate somewhere to ask some bloke to re-count these boxes so you can put a tick on your sheet.

Among my most memorable was a stock take at Hawker Sidderley (later British Aerospace) at Woodley aerodrome, south east of Manchester. Same day as Xmas lunch at another client. I had to confirm the count of one awacs aircraft. All the value was in the electronics, a lot of which was in the bulbous nose. It could have been full of electronics scrap for all I knew. Another was observing all the penny slot machines being emptied and coins counted at Summerland, Isle of Man on a Sunday morning the day after it had closed for the season in 1978. That was the year Summerland re-opened after fire destroyed the previous one, with a number losing their life. I had to fly out from Blackpool to attend that count.

[2 Bee Holed]

Among my most memorable was a stock take at Hawker Sidderley (later British Aerospace) at Woodley aerodrome, south east of Manchester.

Hello Paul, I assume by the location you mean Woodford aerodrome?

I think Woodley aerodrome is down Berkshire way.

[NRC]

Oops, my mistake - not paying attention. Andy Jones article in Athletic is what I meant.

Anyone have a behind the wall link to the article, and while at it, the one he wrote about JJ Watt?

[KateR]

Changing Auditors is nothing new or radical, like many changes and improvements they can take much longer than first anticipated and planned for. In my opinion. The change will have been to improve the financial outlook, such that new investors will be more likely to part with funds and invest in BFC, this is obviously a AP ploy and part of what he believed he could implement and improve the BFC lot.

Filing late is not a good look but not a critical issue providing their project completes relatively soon and the ban is lifted by, let's say May 1st, for this reason I have zero worries regarding this storm in a teacup at this time, but that's just me.

[Chester Perry]

Anyone have a behind the wall link to the article, and while at it, the one he wrote about JJ Watt?

it was up the thread

for none subscribers, and there are some great value deals out there for this excellent site - this archive version of the report avoids paywall issues
https://archive.is/i7Ple

It is a better report than most, though nothing really new for people who have been following this and the takeover thread. It still gets the ownerships portion of the shareholding wrong - perhaps Andy Jones was trusting the club's company details webpage which has now been out of date for over 12 months (and is in fact another breach of EFL/Premier League rules).

Last March saw the ownership close its share purchase offer to small shareholders. A confirmation statement from the Burnley FC Holdings Limited Company released on November 4 2022 showed that less than half (3,255) of the 7,578 shares open to the offer ended up being transferred, giving the transaction a total value of £5,330,245.00 and increasing the CVHL shareholding to 106,107 shares or 86.63% of the 122,478 allotted shares in the Holding Company.

This information has been shared a number of times now on this board so perhaps it was not the source of the detail on the report. Which is good.

The JJ Watt one I won't post but it probably exists at https://archive.is/

[elwaclaret]

Perhaps they tried to ring HMRC to explain…. 3hours of “your call is important, we will be with you as soon as possible, hold the line” the other day for me to get “We have no one available at the moment, Goodbye” at the end of one of the most frustrating afternoons of my life.

[GodIsADeeJay81]

Perhaps they tried to ring HMRC to explain…. 3hours of “your call is important, we will be with you as soon as possible, hold the line” the other day for me to get “We have no one available at the moment, Goodbye” at the end of one of the most frustrating afternoons of my life.

That's why I always laugh when phone scammers pretend to be from HMRC, the real people aren't available to take calls

[KateR]

it was up the thread

The JJ Watt one I won't post but it probably exists at https://archive.is/

JJ Watt is not the first USA sports personality to invest, but I believe he will probably be the second, wonder if he enjoyed his Benni & Hot as referred to

[KateR]

That's why I always laugh when phone scammers pretend to be from HMRC, the real people aren't available to take calls

I've been trying to cancel my Premier Barclay Card since January, there have been several lengthy calls and the frustration levels have been through the roof, especially last month, I decided to wait and cool down after the last call that lasted over an hour, at which time he told me there was a technical difficulty and he was transferring me to someone else with the technical skill to resolve the situation. Needless to say the phone went dead in my hand as he wasn't technically qualified to switch me to someone else

[Lubanski]

JJ Watt is not the first USA sports personality to invest, but I believe he will probably be the second, wonder if he enjoyed his Benni & Hot as referred to

Called at Heys butchers for wife's gluten free sausage, they also had Bene and hot flavour in, I bought a couple just to try, thought they were great! Didn't see JJ.

[Ampth7]

Changing Auditors is nothing new or radical, like many changes and improvements they can take much longer than first anticipated and planned for. In my opinion. The change will have been to improve the financial outlook, such that new investors will be more likely to part with funds and invest in BFC, this is obviously a AP ploy and part of what he believed he could implement and improve the BFC lot.

Filing late is not a good look but not a critical issue providing their project completes relatively soon and the ban is lifted by, let's say May 1st, for this reason I have zero worries regarding this storm in a teacup at this time, but that's just me.

I think this sums it all up nicely! Not a good look, but hopefully resolved soon with no further complications….

[ClaretTony]

Where have you heard about them wanting to build a ground?

I was under the impression they built pitches for the ladies team at the training ground, on the right hand side if you went over the bridge.

I don't know whether this has been answered Quickenthetempo but the chairman said recently that he wanted to build a new stadium for the women's team.

[Casper2]

RoyBoy, there is a housing site available to buy 500 yards from the training ground (the old main gas site).

Is this the interest? Not sure what else it could be down there?

Isn’t this on a flood plain ?

[bobinho]

The new pitch at the training ground went in after Pace said they would be training there.

I will show my arse in woolworths if Alan Pace builds a ground just for the women.

You won’t…

[Vegas Claret]

Perhaps they tried to ring HMRC to explain…. 3hours of “your call is important, we will be with you as soon as possible, hold the line” the other day for me to get “We have no one available at the moment, Goodbye” at the end of one of the most frustrating afternoons of my life.

we spent nearly 11 hours on hold to HMRC, we even spoke to them via twitter to get answers. In the end we gave up - absolute $hit show of an organization

[jojomk1]

I don't know whether this has been answered Quickenthetempo but the chairman said recently that he wanted to build a new stadium for the women's team.

Seem to recall the Chairman saying he wanted Dyche to stay for the next 25 years when he took over the club

I take everything he says with a pinch of salt

[Quickenthetempo]

Isn’t this on a flood plain ?

No, it's next to one. It's the old factory site for Main gas.

[Spijed]

I don't know whether this has been answered Quickenthetempo but the chairman said recently that he wanted to build a new stadium for the women's team.

If he does want to build a new stadium what land in the Burnley area is available (and large enough) to accommodate even a small ground?

[Chester Perry]

If he does want to build a new stadium what land in the Burnley area is available (and large enough) to accommodate even a small ground?

apart from the old Main Gas site in Padiham, which makes sense for a campus feel at Gawthorpe - there is the land the club already own of Mollywood Lane. That is quite close to J9 on the M65 but would require a fair bit of road building to provide access, even tough it is close to the new Industrial Park there

[gawthorpe_view]

No, it's next to one. It's the old factory site for Main gas.

Floods 2015, flood defence works remain incomplete.

https://youtu.be/yRkyV4loJC4

[Coeus]

Well I would rather they find a way to play on Turf. We already have facilities and a season ticket for ladies would be great. More revenue for the club. Play Alternate weekends, could be massive. Failing that and I’m probably in realms of fantasy but having another conversation with the cricket club would be ideal. Make the CFS dual sided with seating either side after a much needed revamp. Changing rooms , corporate etc built in for both teams. Should be enough room ?

[Quickenthetempo]

Floods 2015, flood defence works remain incomplete.

https://youtu.be/yRkyV4loJC4

Despite our MP claiming it was him that sorted all the funding for the flood defenses and hurried it all up.

It was to be the housing developer that was to pay for 4m worth of flood defences.
With them not going ahead yet, they won't get done.

The raising the wall at the town hall is laughable.

[Paul Waine]

Hello Paul, I assume by the location you mean Woodford aerodrome?

I think Woodley aerodrome is down Berkshire way.

I guess I do. A long time ago. I live a long way away now.

[gawthorpe_view]

Despite our MP claiming it was him that sorted all the funding for the flood defenses and hurried it all up.

It was to be the housing developer that was to pay for 4m worth of flood defences.
With them not going ahead yet, they won't get done.

The raising the wall at the town hall is laughable.

Doubly so when the flood water comes down Wyre Street, across Burnley Road and hits the newly raised wall behind the Town Hall.
The water will back up into town increasing the flood levels.

[ecc]

Not a statement per se just listed them on the Championship embargoes page with indications as to the rules the club are in breach of for the embargo to be applied

https://www.efl.com/-more/governance/embargoes/

you have to click the + opposite Championship to reveal the list which is actually a quite poor way of doing this

Thank you, Chester.

[claretandy]

Well VK isn't concerned about the embargo, that'll do for me.

https://www.burnleyexpress.net/sport/fo ... go-4066318

[Spike]

Any news from the less than Pacey auditors?

[RVclaret]

Well VK isn't concerned about the embargo, that'll do for me.

https://www.burnleyexpress.net/sport/fo ... go-4066318

Interesting he labelled it as an 'administrative issue'... Big Vinny K (the poster) won't be pleased about that wording!

[claretonthecoast1882]

Interesting he labelled it as an 'administrative issue'... Big Vinny K (the poster) won't be pleased about that wording!

Won't be popular with a fair few on here.

Those who have Pace down as a liar, enjoy the snake oil salesman comment or do the juvenile thing of putting a like on any negative comment aimed at Pace and the owners.

[Big Vinny K]

Interesting he labelled it as an 'administrative issue'... Big Vinny K (the poster) won't be pleased about that wording!

I’m changing my username !!!

The club didn’t say that in their statement either. Not sure how it can be an administrative error when the accounts are still not ready. They are simply late…..whatever VK says about it.
That does not mean I think it’s going to cause any issues. Expect it to be all resolved pretty soon with no real impact but a bit of bad press. Would be a lot more worried if I was a Huddersfield fan about their late accounts.

[Nori1958]

Won't be popular with a fair few on here.

Those who have Pace down as a liar, enjoy the snake oil salesman comment or do the juvenile thing of putting a like on any negative comment aimed at Pace and the owners.

They can all call kompany a liar now as well

[Big Vinny K]

Interesting he labelled it as an 'administrative issue'... Big Vinny K (the poster) won't be pleased about that wording!

Can you post the article please RV.
That site is awful and not sure it’s showing all of the VK quotes.

[Swizzlestick]

I’ll post the quotes because the site is a bit crap:

"I keep it really simple because I know a little bit about the inner workings of the club. Every business, every company, has revenues and costs and in our case the revenues exceed the costs that we have because of the transfers we've done in the summer.

"It's not a financial matter for us, it's an administration issue. When you change ownership, accountants, auditors, these types of things will be resolved in time. We'll have an answer very soon, but nobody is worried from our side."

"If you look at a club that's not been trading, and who has been amassing costs, I think there's a valid reason to be worried, but if you look at how we've been trading in the last six months…”

"You know how you generate revenue; it's either through fans, merchandise, ticketing or player sales. Compared to the previous years you can see we've been very strong on all fronts. Unfortunately mistakes happen and we're looking forward to the next summer transfer window."

[Big Vinny K]

I’ll post the quotes because the site is a bit crap:

"I keep it really simple because I know a little bit about the inner workings of the club. Every business, every company, has revenues and costs and in our case the revenues exceed the costs that we have because of the transfers we've done in the summer.

"It's not a financial matter for us, it's an administration issue. When you change ownership, accountants, auditors, these types of things will be resolved in time. We'll have an answer very soon, but nobody is worried from our side."

"If you look at a club that's not been trading, and who has been amassing costs, I think there's a valid reason to be worried, but if you look at how we've been trading in the last six months…”

"You know how you generate revenue; it's either through fans, merchandise, ticketing or player sales. Compared to the previous years you can see we've been very strong on all fronts. Unfortunately mistakes happen and we're looking forward to the next summer transfer window."

Cheers - great that he’s happy to comment on it. Most managers would come out with the cliches about their job is to get the team out on a Saturday etc !!

I think he’s confirming what most people on this board are saying that the content of the accounts are going to be fine. We have brought in a lot more in transfer fees than we have spent and I have posted on this board a few times that I have been informed that our wage bill was down to under £30m.