KV Kortrijk

[123EasyasBFC]

That is how i would normally take it - but for the fact that Adrian Bettridge was clearly identified as being a member of the Burnley FC Board in 'MtB' - he appeared across most of the meetings







- his background is in finance (actual in consulting in the financial sector) and no need to guess his faith, he seem to be actively introducing other CoLDS members to the club/ownership though though

https://www.baringa.com/en/people/exper ... bettridge/

https://byums.byu.edu/events/details/by ... el-london/

https://uk.linkedin.com/in/adrian-bettr ... din.com%2F

he appears to be relatively high ranking in the CoLDS set-up, being a member of the 7th quorum of the seventies
https://www.deseret.com/2023/3/30/23663 ... ip-session

There is relatively little about him on the web though this gives an insight to how he sells himself professionally

https://www.sourceglobalresearch.com/po ... leadership

He were the one questioning VK’s usage of foster and the price of foster in one of the board meetings in the documentary,

What his Clyaton Wyatts role at the club because he always seems close to Pace, Hunt and smith?

[Paul Waine]

I'd be amazed if Kompany had any shares in Burnley or ALK. The shares aren't publicly traded and it's pretty likely Kompany will have left before the club is sold so it would be difficult to realise the value of them at that point.

Having shares in Burnley whilst managing another club, particularly in the same division, would be terrible optics even if there aren't specific rules against it.

Hi aggi, we can all be 100% certain Vincent Kompany doesn't have any shares in either "Burnley or ALK." However. it is not impossible that Vincent Kompany may be an investor in VSL. The whole idea of these US partnerships (not just for sports) is that investors can buy in and exit as they choose.

I agree that having a major shareholding in one football club while being involved in another football club in the same pyramid would be a massive "no, no" - and not, just "terrible optics." That would go right to the integrity of the league. However, having a small investment with no direct involvement and control in the club that the small investment is in would not conflict with being the manager, player or any other senior role in another club. Footballers aren't allowed to place bets on football. There's no rule that I'm aware of (* see note) that a Manchester City player (or any other footballer) can't be a shareholder in Manchester United - using this as an example because ManU are one of the few publicly listed football clubs in the UK.

* Note: It's possible that Manchester City (in this example) have internal rules that require their employees to declare their shareholdings in other football club - just as all banks and others in the financial sector require their staff to declare their shareholdings in other banks plus any other entities, including clients and potential clients, that might result in conflicts of interest.

[Chester Perry]

then it was unnecessary to raise it

The reason I do not agree with that is because the ownership group are making extensive use of a community which they know and trust - and that makes an awful lot of sense to do for the ownership group, it is definitely not something I have an issue with.

One of the more interesting aspects of that community (from an outside observer's perspective) is how rank within the community plays out in and influences business and commercial activity - having Checketts and Bettridge on board is hugely helpful in this, even Russell Ball (who apparently is of a lot higher ranking than Alan Pace - I am open to being corrected on this) has seen advantage in it.

[Rick_Muller]

The reason I do not agree with that is because the ownership group are making extensive use of a community which they know and trust - and that makes an awful lot of sense to do for the ownership group, it is definitely not something I have an issue with.

One of the more interesting aspects of that community (from an outside observer's perspective) is how rank within the community plays out in and influences business and commercial activity - having Checketts and Bettridge on board is hugely helpful in this, even Russell Ball (who apparently is of a lot higher ranking than Alan Pace - I am open to being corrected on this) has seen advantage in it.

ahh, understood. Apologies for being overly scrutinous.

[Paul Waine]

That is how i would normally take it - but for the fact that Adrian Bettridge was clearly identified as being a member of the Burnley FC Board in 'MtB' - he appeared across most of the meetings




- his background is in finance (actual in consulting in the financial sector) and no need to guess his faith, he seem to be actively introducing other CoLDS members to the club/ownership though though

https://www.baringa.com/en/people/exper ... bettridge/

https://byums.byu.edu/events/details/by ... el-london/

https://uk.linkedin.com/in/adrian-bettr ... din.com%2F

he appears to be relatively high ranking in the CoLDS set-up, being a member of the 7th quorum of the seventies
https://www.deseret.com/2023/3/30/23663 ... ip-session

There is relatively little about him on the web though this gives an insight to how he sells himself professionally

https://www.sourceglobalresearch.com/po ... leadership

Thanks, CP. As I said I will need to watch Mission to Burnley again. As I posted earlier, none of the meetings shown in Mission to Burnley we stated to be "Board meetings." I wonder if some of these people in the meetings represent parts of the ALK/VSL hierarchy above the BFCHL group - and are attending in the capacity of consultants (and management fees). ALK/VSL will be very careful to avoid creating a "permanent establishment" issue in the UK by holding board meetings of any of the non-UK parts of the larger corporate structure.

I know people at Baringa from my working days. Baringa started out as an energy risk software firm and has extended into financial risk management in one direction and consultancy in another direction. It's also got an extensive "world wide" reach. Yes, it's grown very successfully since I first heard of them. It's a small world - I'd expect Baringa and John B's Freight Investor Services may possibly know each other quite well.

[Chester Perry]

The other name to feature in 'MtB' was Clayton Wyatt, he was identified as an advisor to the Board of the club, his background is property, though appears to be something of a specialist (guru) in funding and cash flows -he now runs a consultancy - and yes he is a member of CoLDS

Clayton Wyatt - advisor.JPG (20.57 KiB) Viewed 4480 times

https://www.linkedin.com/in/clayton-wya ... e.co.uk%2F

https://www.crunchbase.com/person/clayton-wyatt-4032

[Chester Perry]

ahh, understood. Apologies for being overly scrutinous.

the inquiry seemed fair and reasonable to me

[Paul Waine]

If Kompany does have shares in VSL they are perhaps more likely to be Incentive Shares via either via his role as an employee or via the service partner relationship of MUD Analytics

I have an article in the next issue of the London Clarets Magazine 'Something to write home about' (out next week - look for a copy in pubs before the game or in the new Burnley FC archive room at Burnley Central Library )that looks at what I found in Jersey about VSL and Velocity Sports Feeder Ltd together with other updates on the known ALK/VSL structure. It contains this about Incentive shares

"Notably, Incentive shares can be awarded to employees and service providers, and are retained
while service continues, though they must be returned, without cost, once that service has been
completed/terminated. It sounds like they are there to provide a bonus if dividends or other
profits are collected. Appleby Global Services, in some guise, may have held/hold such shares. As
may other entities. ‘Mission to Burnley’ appeared to show a number of such entities, providing
advisory services to the owners at a deeply engaged level. Though not identified as such, that
appeared to include MUD Analytics Limited, of whom our manager is a co-owner alongside Lee
Mooney, who featured a number of times in boardroom scenes wearing full Burnley FC staff kit
across the series."

I will look forward to my next copy of "Something to write home about." Sounds like you've done some more successful research.

[Chester Perry]

I will look forward to my next copy of "Something to write home about." Sounds like you've done some more successful research.

I sent you the Jersey doc's months ago

[randomclaret2]

The other name to feature in 'MtB' was Clayton Wyatt, he was identified as an advisor to the Board of the club, his background is property, though appears to be something of a specialist (guru) in funding and cash flows -he now runs a consultancy - and yes he is a member of CoLDS


Clayton Wyatt - advisor.JPG


https://www.linkedin.com/in/clayton-wya ... e.co.uk%2F

https://www.crunchbase.com/person/clayton-wyatt-4032

Fine head of hair

[DukeOfBar]

when I saw this chap on MtB - I couldn't help but think... Trent Crimm

[Father Jack]

Would be interesting to know who the blurred names are on this zoom call. Assume these board members ticked the no publicity box when they signed up.

[quoonbeatz]

A bit of a sweeping statement without giving your reasoning behind it.
Should other companies be banned from taking over other businesses, or just restricted to football clubs?

No but football clubs are more than just businesses.

Multi-ownership is bad for the sport. There is no way the city owning an outpost in every other league is good for the game as a whole, same as the saudi's having newcastle and Chelsea tied up. Fine for you if you're the bigger fish, as we are in this case, but there's no way I'd want to be the lesser part of the deal.

Quite funny that the kortrijk guy wants out of a multi-ownership scenario to get into the exact same scenario.

[Father Jack]

Would be interesting to know who the blurred names are on this zoom call. Assume these board members ticked the no publicity box when they signed up.

Helps if I upload the picture which failed when I posted the above

[Chester Perry]

Would be interesting to know who the blurred names are on this zoom call. Assume these board members ticked the no publicity box when they signed up.

Indeed it would - just as it would be to identify some of these - one on the far middle right was seen in what appeared to be a board meeting in 'MtB' - I also do not know who is sat in front of him or the entire top row and the Burnley Scarf wearer - contributions gratefully received

Directors Box last game of 2022-23 v Cardiff.JPG (174.21 KiB) Viewed 4057 times

[Rick_Muller]

Indeed it would - just as it would be to identify some of these - one on the far middle right was seen in what appeared to be a board meeting in 'MtB' - I also do not know who is sat in front of him or the entire top row and the Burnley Scarf wearer - contributions gratefully received

Directors Box last game of 2022-23 v Cardiff.JPG

Not sure on any of them... but the one I circled doesn't appear to like JJ - giving him evils

WhoDAT.JPG (45.67 KiB) Viewed 4020 times

[burnley007]

when I saw this chap on MtB - I couldn't help but think... Trent Crimm THE INDEPENDENT

I've completed the name for you.

[ab1882]

Not sure on any of them... but the one I circled doesn't appear to like JJ - giving him evils
WhoDAT.JPG

Damien O'Donohoe https://twitter.com/daimo1

[burnley007]

So this is what Jeremy Kyle has been up to since the show ended.

[Chester Perry]

Damien O'Donohoe https://twitter.com/daimo1

Ok - this is the guy who has been bringing the minor investors to the Ownership group, particularly the Watt family and Dude Perfect



https://uk.linkedin.com/in/damien-o-donohoe-3bb1a8139

Inside Track: Ikon boss draws American sports couple to Burnley
https://archive.is/LiV6m

Damien O’Donohoe is the starboy of deals
https://archive.is/P7iDZ

[Chester Perry]

most of this should probably be on the takeover thread

[123EasyasBFC]

Sorry I began the diversion of the thread by asking about VK potentially being an investor and maybe having shares in the takeover of Kotrijk

[Chester Perry]

I have copied all the ownership stuff over to the takeover thread to make life easier

[Commy]

Signed a goalkeeper. I hope he is a good un.

https://twitter.com/sachatavolieri/stat ... 1677748492

[Vegas Claret]

when I saw this chap on MtB - I couldn't help but think... Trent Crimm

[Vegas Claret]

Signed a goalkeeper. I hope he is a good un.

https://twitter.com/sachatavolieri/stat ... 1677748492

and are after Belgian right back Robbe Decostere from Brugge

[wilks_bfc]

Being on the other side here, i truly think this will benefit us (Kortrijk) too. Everything is better then Vincent Tan, he does not invest and gave us 3 loan players in 5 years time (2 of them just arrived this week even). He is the richest owner in the Belgian league, and still Kortrijk has the lowest budget in the entire league, not once he made some funds available for a decent player.

Just to get rid of Tan and being ran by capable people who also will not want their investment to get relegated to the second tier, and actually loan us players who are usefull to us, would be a win. Bastien alone would already be an asset to us.

PS, if my English isnt perfect, i'm sorry

No need to be sorry. Your English is better than some on here already

[DaveKortrijk]

hello at the first stories of a takeover I also gave some information about Kortrijk. after the new connection i am back here now. I now also see that there are still Kortrijk fans here. I said last time that I don't know that in the long run the acquisition is positive, but if the acquisition does happen, we'll see. but i hope so. yes Kortrijk has been a sinking ship over the last few years with tan. the takeover with kaminski has made big holes in the ship. and only briefly broken. the 0/12 is a result of that. as a Kortrijk fan anyway, I hope for a speedy recovery and definitely to the Kortrijk before Tan. then we were a feared club for many opponents at home. We weren't a top team, but we had a team on the field with fighting spirit. and Kortrijk always had some great talents. if the deal went through with you guys, I hope to see this reflected in time. and I hope we can stream talents for you. and our club can strengthen on all parts. so that we grow but you can also grow through those talents. but then we will first have a difficult year to mind. and we will see in the future whether the cooperation will benefit us. let us hope . greetings from a Kortrijk fan and translated by translate site

[aggi]

If Kompany does have shares in VSL they are perhaps more likely to be Incentive Shares via either via his role as an employee or via the service partner relationship of MUD Analytics

I have an article in the next issue of the London Clarets Magazine 'Something to write home about' (out next week - look for a copy in pubs before the game or in the new Burnley FC archive room at Burnley Central Library )that looks at what I found in Jersey about VSL and Velocity Sports Feeder Ltd together with other updates on the known ALK/VSL structure. It contains this about Incentive shares

"Notably, Incentive shares can be awarded to employees and service providers, and are retained
while service continues, though they must be returned, without cost, once that service has been
completed/terminated. It sounds like they are there to provide a bonus if dividends or other
profits are collected. Appleby Global Services, in some guise, may have held/hold such shares. As
may other entities. ‘Mission to Burnley’ appeared to show a number of such entities, providing
advisory services to the owners at a deeply engaged level. Though not identified as such, that
appeared to include MUD Analytics Limited, of whom our manager is a co-owner alongside Lee
Mooney, who featured a number of times in boardroom scenes wearing full Burnley FC staff kit
across the series."

I'd be intrigued to know more about these (ironically being in London means that I won't see the London Clarets magazine).

The general point of share schemes is that they are a tax efficient way to reward employees. I guess dividends being taxed at a slightly lower rate than income (and they may be able to do some clever tax shifting with VSL being in Jersey but it would probably also require the recipient to be in a tax haven too) may make it worth it but seems unlikely if you're removing the capital element.

[Chester Perry]

I'd be intrigued to know more about these (ironically being in London means that I won't see the London Clarets magazine).

The general point of share schemes is that they are a tax efficient way to reward employees. I guess dividends being taxed at a slightly lower rate than income (and they may be able to do some clever tax shifting with VSL being in Jersey but it would probably also require the recipient to be in a tax haven too) may make it worth it but seems unlikely if you're removing the capital element.

If you select all here for the Standard online and go through the checkout system they will send them via email to you free of charge

https://www.jerseyfsc.org/registry/regi ... ity/316684

same here for Velocity Sports Feeder Ltd

https://www.jerseyfsc.org/registry/regi ... ity/316685

[Marney neyMar]

Burnley has found his feeder club, a club where they can store young talents to mature. Vincent Kompany's English Premier League club is almost done with the acquisition of KV Kortrijk. Eight Burnley people were attentively spectators last night during KV Kortrijk - Standard. The acquisition is expected to be completed in the first day.

Now that Burnley is back in the Premier League, it is looking for a club to store young redundant players such as Samuel Bastien, say. The Beerschot piste was on the table for a while, but at the Kiel they are not eager to be part of a consortium of clubs. As Sheffield is now their mother club: they don't want that anymore. That's why Vincent Kompany lurks again to KV Kortrijk. Burnley was already interested a few months ago and Besnik Hasi was even an option as a trainer at the time, but in the end KVK chose the Kaminski Group as the transfere. A mistrust, because that ultimately did not happen.

Deal almost around

So second time good time, because now the acquisition is almost complete. Yesterday, a Burnley delegation was present at the Golden Spurs Stadium. Eight Burnley people were attentively spectators last night during KV Kortrijk - Standard. Vincent Kompany's club seems to be in the final stages of the acquisition. After the competition, the Burnley delegation walked across the field with Pieter Eecloo (one of KVK's two CEOs) and Rik Foulon (sports director). The acquisition is expected to be completed in the first day.

That would have been welcome at KV Kortrijk, which managed to grab its first point of the season against Standard yesterday. There seems to be a need to get something or someone on the ship on the right track. That may seem to happen with Burnley. Also striking: François Kompany, brother of Burnley- coach Vincent is also in between. Vincents' brother who plays football at Lokeren-Temse carried out some prospecting in Burnley's search for a feeder- club, a team where the English can store young talents. So that will be KV Kortrijk. (jug, ec, pjc, dige)

[Chester Perry]

Suggestions that the deal for KV Kortrijk has fallen through again

DÉJÀ VU FOR KORTRIJK AS BURNLEY TAKEOVER COLLAPSES
https://getfootballnewsbene.com/deja-vu ... collapses/

[CrosspoolClarets]

Instinct is I find caution rather than gung ho by our ownership quite reassuring. They must have a very good reason to walk away.

[Father Jack]

Dear Vincent Tan and Ken Choo,

We who thought we saw everything after the case-Kaminski were wrong, now it is the acquisition of Burnley that continues to drag on for an excruciating period of time. This while according to various sources the party already exerted quite a bit of influence on the transfer policy (see failed transfer Robbe Decostere).

As KVK supporters, we have our doubts with this party; what is Burnley's purpose, what are her plans? Becoming an ordinary feeder club seems to us to be a neglect of potential and absolutely no guarantee to stay in 1A; Burnley was previously interested in second-grader Beerschot. We therefore do not like such a project.

What further with our identity that had to seriously lose under Tan, is there anything left over after this takeover? What about our youth academy, will the Kortrijk youth finally get their well-deserved opportunity or will they (temporarily) become Burnley's young talents? Such questions worry us and remain deafeningly unanswered.

In an era of globalization and monopolization, we as supporters and idealists therefore resolutely opt for localism, which we believe to be the only way to grow in the long term and at the same time preserve our identity. Because what is a tree without roots, what is a football club without local connection, tradition and identity?

Your policy has done our club anything but good, the opposite is the painful reality. Characterized by your apathy and total lack of contact with the club, city and supporters, we sank deeper into the standings year after year until now, the absolute basement. Your indomitable hunger for money blinded you even for what every right-thinking man saw coming from afar; that father and son Kaminski were ordinary impostors. The fact that we were then taken hostage for a second time in one crucial period by a possible takeover does not seem to you at all agree with it. We denounce the standstill in which you brought our club and hold you responsible for this across the board.

In our call we are therefore clear: do something for the first and last time in the interest of the club and sell to local, reliable investors with a heart and vision for KVK.

Signed atmosphere and supporter groups;

United 19 // KVK Oost-Zwevegem/Wevelgem // Red-Side // Kortrijk Fanatics // KVK Centrum // Kortrijk Casuals // SC Overleie // SC Quicky // The Cat Corners // KVK West // Sweet KVK friends

[beeholeclaret]

Not relevant to the above discussion but I travelled through there yesterday and took a photo from the train as we passed their ground. I just saw the floodlights and clicked my camera. I’d not picked up on the clubs name until I spotted this thread today. Looked a nice traditional type of small town club with neat ground and old fashioned floodlights on pylons in each corner of the ground.

[Colburn_Claret]

Got their first win of the season tonight, still facing a hard task avoiding the drop

[Anthonini]

Glen de Boeck as a new coach. Someone who openly criticised VK and mostly because they didn't respond to his application for assistant manager. Weird choice for me, a sign that Burnley is pulling out?

Thought Kompany had Besnik Hasi in mind? Either way De Boeck seems like the wrong choice. KVK would benefit immensely from Burnley's excess players and future talents. Imagine getting guys like Odobert McNally Larsen Agyei Costelloe in the future... Or the talents from Anderlecht that Kompany can pick out and stall them there to develop. Find it strange that KVK doesn't see the benefits. Look at Union SG how they thrived with help from Brighton. Burnley and VK certainly aren't trying to damage the club in any way. I believe they have the best intentions.

[ClaretTony]

Last I read was that Burnley changed all their transfer plans and took charge of which players they signed in the window then pulled out of the deal.

[claptrappers_union]

Dear Vincent Tan and Ken Choo,

We who thought we saw everything after the case-Kaminski were wrong, now it is the acquisition of Burnley that continues to drag on for an excruciating period of time. This while according to various sources the party already exerted quite a bit of influence on the transfer policy (see failed transfer Robbe Decostere).

As KVK supporters, we have our doubts with this party; what is Burnley's purpose, what are her plans? Becoming an ordinary feeder club seems to us to be a neglect of potential and absolutely no guarantee to stay in 1A; Burnley was previously interested in second-grader Beerschot. We therefore do not like such a project.

What further with our identity that had to seriously lose under Tan, is there anything left over after this takeover? What about our youth academy, will the Kortrijk youth finally get their well-deserved opportunity or will they (temporarily) become Burnley's young talents? Such questions worry us and remain deafeningly unanswered.

In an era of globalization and monopolization, we as supporters and idealists therefore resolutely opt for localism, which we believe to be the only way to grow in the long term and at the same time preserve our identity. Because what is a tree without roots, what is a football club without local connection, tradition and identity?

Your policy has done our club anything but good, the opposite is the painful reality. Characterized by your apathy and total lack of contact with the club, city and supporters, we sank deeper into the standings year after year until now, the absolute basement. Your indomitable hunger for money blinded you even for what every right-thinking man saw coming from afar; that father and son Kaminski were ordinary impostors. The fact that we were then taken hostage for a second time in one crucial period by a possible takeover does not seem to you at all agree with it. We denounce the standstill in which you brought our club and hold you responsible for this across the board.

In our call we are therefore clear: do something for the first and last time in the interest of the club and sell to local, reliable investors with a heart and vision for KVK.

Signed atmosphere and supporter groups;

United 19 // KVK Oost-Zwevegem/Wevelgem // Red-Side // Kortrijk Fanatics // KVK Centrum // Kortrijk Casuals // SC Overleie // SC Quicky // The Cat Corners // KVK West // Sweet KVK friends

I can’t disagree with any of this. I’d be signing if it was in Burnleys case