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Chester Perry

Filings starting to appear at Companies House relating to the Accounts of Burnley FC Holdings Ltd (released on Easter Monday by the club https://find-and-update.company-information.service.gov.uk/company/08335231/filing-history and Burnley Football and Athletic Club Limited https://find-and-update....

Chester Perry

That worries me that Kilby was against it. He's the one who truly has the clubs interests at heart. He deserves more acknowledgement as a legend of the club and the town than he ever gets not just for football but for how many lives he's probably saved aswell I think Kilby's position has been known...

Chester Perry

Rileybobs wrote: ↑
Wed Apr 17, 2024 10:19 pm
Great summary, thanks. However, would the alleged events in the quoted paragraph not be fraudulent?

I said - I believe that is what happened with that bit

Chester Perry

this is what he said "I don't mean to be over-dramatic on it because I can't explain it, but if you knew you would be 'oh my goodness, this is incredible'.” Alan Pace, January 5 2021, introductory press conference – a response to a question about the financial structure of the takeover This is what...

Chester Perry

Yes, I’m sure they realise that the club being successful is the best chance of them realising a profit. But their idea of success may be very different to ours. We may place a higher value on winning the FA cup whereas they may place a higher value on selling a player purchased for £2m for £50m. I...

Chester Perry

It has been a common refrain from the clubs under the 777 Partners umbrella, and indeed across many of their business dealings given all the reports and litigation that we have seen - When are you going to meet your financial responsibilities? - Vasco Da Gama join in the chorus from Inside World Foo...

Chester Perry

In the scale of football club owners I'd say that ours aren't that high up on the dread and upset scale. It's not an ideal structure (although I think many people had a very rosy view of what being taken over by private equity meant) but we're a long way from absentee owners or those facing swathes...

Chester Perry

Legacy Fans v Corporate sensibilities - The Athletic picks up the baton The new Premier League culture war: Corporate interests vs ‘authentic’ fans https://theathletic.com/5416265/2024/04/16/premier-league-fans-corporate-culture/ It is all linked Last summer Unnofficial Partner did an excellent pod...

Chester Perry

This guys though are a few thousand followers on social media, some not even anywhere near that. We’ll need some much bigger hitters to even scratch the surface in those territories. it depends on who you are trying to influence - these guys are well connected in their business communities and know...

Chester Perry

these "minority" share holders are brought in to increase profile in overseas territory, in terms of financial they are bringing very little. including JJ in that There is indeed a large amount of 'influencer' element that we are seeing at the moment - and there will be a wide range of views about ...

Chester Perry

The Athletic looks at how the new FFP that will be tracked next season but will not come into force until the season after (2025/26) will look and affect the transfer market which so many clubs have built a huge reliance upon - there is a reason that auditors are raising material concerns about such...

Chester Perry

Quickenthetempo wrote: ↑
Wed Apr 17, 2024 11:09 am
Hi Paul, why do you think it's better for the club to have a multinational mix in the ownership?

It is probably better to ask why is the boardroom and much of the senior staff on the business side such a contrast, when the FA has set targets for a much greater diversity.

Chester Perry

True. I’m not sure how this differs from our previous investors who also wanted to, and did, benefit from massive profits. For now and the foreseeable I think it is being marketed as an asset investment based on capital growth rather than an income producing investment - the development of the mult...

Chester Perry

I don’t know if Justin is related but the Kuok family are one of the wealthiest in Malaysia. He is, his father 'Chye' Kuok Khoon Ho is the nephew of Robert Kuok the founder of the family's business Empire Justin is part of the third generation of the family and his interest in the club is some dist...

Chester Perry

No other info on his instagram page. I will surmise I don’t think any of these guys are billionaires, unfortunately. can you link that please It doesn't matter unless they want to buy Pace and co out in full - 'Co-owners' like these are just investors, who may be useful in a few areas as the core g...

Chester Perry

Great research CP. Other names for you: Lorenzo Valceschini - looks to work at Stone Island Souley Wague Chris North Jean-Baptiste Roy - asiasportstech.com Huan Nguyen - looks to work for hypebeast which is a link Eugene Kan who also used to work there. So we have Lorenzo Valceschini https://it.lin...

Chester Perry

It is worthwhile adding to this thread the three new members of the ownership group discussed on the From The Bee Hole End Podcast thread over the weekend Eugene Kan https://hk.linkedin.com/in/eugenekan who had this to say about his involvement https://www.linkedin.com/posts/eugenekan_utc-activity-7...

Chester Perry

Filings starting to appear at Companies House relating to the Accounts of Burnley FC Holdings Ltd (released on Easter Monday by the club https://find-and-update.company-information.service.gov.uk/company/08335231/filing-history and Burnley Football and Athletic Club Limited https://find-and-update.c...

Chester Perry

The Guardian with a bit of additional info on that loan extension from MSP Capital to allow 777 Partners opportunity to find the funds - also includes the sum Everton are paying in interest on their loans each week - which is about the same that the average Championship club loses each week Everton ...

Chester Perry

The media are starting to catch on that traditional fanbases are slowly being squeezed out of attending the game from The Times How super-rich Premier League clubs are ‘squeezing fans dry’ Seven Premier League clubs offer season tickets at more than £1,000 and 17 of the 20 have increased prices – w...

Chester Perry

Part of me thinks MSP have taken this action because, their assuming control would require them to make a significant lump sum repayment to Rights and Media Funding together with the possibility of having to pay 777 Partners what they have loaned the club, which is a significant refinancing act whe...

Chester Perry

Absolutely zero surprise in this news - it is a common refrain from every story we have seen about 777 Partners - this is the group who said they had shown proof of funds to the Premier League last December from Sky News Everton FC bidder 777 seeks extra time amid race for funding 777 Partners has ...

Chester Perry

I thought this type of transaction to help with FFP/PSR had been banned with Aston Villa the last to benefit, but on reflection that might just be in regard to Stadium and Training Ground. Chelsea go all Barcelona and pull another financial lever From The Telegraph Chelsea owners sell hotels to ano...

Chester Perry

We should know the outcome of the Nottingham Forest appeal by the time we play them from The Athletic Nottingham Forest’s points deduction appeal hearing for PSR breach set for week beginning April 22 https://archive.ph/7UYdV The Premier League are also keen to get the now filed Everton appeal head...

Chester Perry

So if MSP insist on full payment today and 777 can't pay without another loan, MSP get the stadium ( and club) ? Would they have to pass the relevant tests re fit ownership ? If they were to become directors certainly, but the two Evertonians Andy Bell and George Downing, who were scheduled to join...

Chester Perry

there was a time when I would have celebrated this thread reaching 1 million views but the acceleration in the last year has convinced me that a a significant proportion are actually by bots, and since the public launch of AI tools there has been a real surge of views (up from around 2,000 a week to...

Chester Perry

It has been quite a while since I have posted anything about this, but the legal cases keep on going. However we have finally seen a change - it appears from an out of court agreement that FIFA have been persuaded to consider the rule about in season league games being played in alternative countri...

Chester Perry

Interesting CP… post mentions the new talents and a certain Burnley-born fashion designer Aitor Throup. Could be in for very some interesting new merch if Aitor is involved. For the record, Aitor was born in Argentina and moved to Burnley when he was 12 - he has quite the track positive record and ...

Chester Perry

We should know the outcome of the Nottingham Forest appeal by the time we play them

from The Athletic

Nottingham Forest’s points deduction appeal hearing for PSR breach set for week beginning April 22
https://archive.ph/7UYdV

Chester Perry

On a bit of a segway from Merch, I have had a feeling that fan and the local community has been targeted to make up for the lack of commercial growth at the club since the takeover - so I have been looking at the sources of non tv income at BFC, and put together this table - it will be much more int...

Chester Perry

Ightenhill_Claret wrote: ↑
Sun Apr 14, 2024 5:13 pm
Interesting CP… post mentions the new talents and a certain Burnley-born fashion designer Aitor Throup. Could be in for very some interesting new merch if Aitor is involved.

Not before time

Chester Perry

Justin Kuok from the research I’ve been able to do. Also based in Hong Kong. Runs a family office. So that would be this chap then https://hk.linkedin.com/in/justin-kuok-b8a95625?challengeId=AQGggUIUUg31wwAAAY7dYGJzaG8c6p2_Ct1LdFXyVW-8YQMmScVeb68sazByewMWabECzULoXfkqvdqzI5kwZkpnz2esYaxf4A&submissio...

Chester Perry

From what I can tell it is Jean Baptiste Roy brought all six of those in the photo with Kompany to the ALK/VSL party

https://hk.linkedin.com/in/jeanbaptiste ... din.com%2F

Chester Perry

How many "owners" do we have now?! the same as before it is ALK/VSL, just more have joined that group, it is the same people in charge and making the key decisions - I noticed that Adrian Bettridge was sat next to Alan Pace at the game yesterday, you rarely see him mentioned but he appears quite in...

Chester Perry

So the Sean that Eugene Kan is referring to is a chap called Sean Wong https://hk.linkedin.com/in/sean-wong-3a28028?trk=public_profile_browsemap-profile - I am assuming that the Justin is not Trudeau but not placed a name yet Sean has a link to this on his LinkedIN page another piece about the same ...

Chester Perry

Chester Perry wrote: ↑
Sun Apr 14, 2024 9:55 am
I am hoping it is

Pay it Forward or even the 9th season of Dallas - Pamela Ewings's dream year where Bobby does/doesn't die

but at times it feels like

The Illusionist

The Dallas one seems appropriate given it is our 9th Premier League season

Chester Perry

I am hoping it is

Pay it Forward or even the 9th season of Dallas - Pamela Ewings's dream year where Bobby does/doesn't die

but at times it feels like

The Illusionist

Chester Perry

I thought this type of transaction to help with FFP/PSR had been banned with Aston Villa the last to benefit, but on reflection that might just be in regard to Stadium and Training Ground. Chelsea go all Barcelona and pull another financial lever From The Telegraph Chelsea owners sell hotels to ano...

Chester Perry

We had a previous owner who sold Turf Moor and the training ground to a company based in a tax haven and kept it secret for months until I stumbled across it on a company database. And even after that came out there was just a bland statement. Very few clubs are open about their finances beyond the...

Chester Perry

I doubt many fans knew what a horrendous financial position we were in before the play off final in 2009, yet we were on the verge of administration. Flood and Co. seemed to escape any scrutiny despite nearly running us off a cliff edge! there is little doubt that the hardships of that decade (and ...

Chester Perry

I thought this type of transaction to help with FFP/PSR had been banned with Aston Villa the last to benefit, but on reflection that might just be in regard to Stadium and Training Ground. Chelsea go all Barcelona and pull another financial lever From The Telegraph Chelsea owners sell hotels to anot...

Chester Perry

Interesting comment on FABs regarding the members being cherry picked and toothlessness nature of some 'where fans are impressed to be having tea with the chairman and nit challenging'. Reading the minutes of BFC's that rings true. the one Maguire was specifically referencing appears to be Arsenal ...

Chester Perry

I have done the first couple of episodes of Ripley, it is a bit of a grind, but I keep believing that it is going to be worth it

Chester Perry

Some more on this from The Telegraph Fresh Everton takeover concern as 777 Partners scrambles to fund purchase Hopes of an imminent takeover at Goodison Park are receding amid worries over 777’s ability to raise cash https://archive.ph/zA5aw 777 Partners scramble for new loans to complete the takeo...

Chester Perry

Looks like myself who will be 80 in October and just given up my season ticket after just 1 game last season and none this season will now be able to watch all mid week games next season if we are relegated. Very pleased for you and others in similar situations that this will be the case - potentia...

Chester Perry

Quickenthetempo wrote: ↑
Fri Apr 12, 2024 3:47 pm
https://twitter.com/ALANMYERSMEDIA/stat ... 64g2A&s=19
Some shocking agent fees.

Looks like we have spent over 10m in two years on agent fees.
4m in the last accounts then nearly 7m Feb to Feb.

Posted last years up the page on Tuesday this week

Chester Perry

Vegas Claret wrote: ↑
Fri Apr 12, 2024 2:55 pm
I hope so - not sure how any club expects to grow a foreign fan base if the games can't be watched. You got a nice shout out on the Beehole podcast btw

I am far from sure that is a good thing

Chester Perry

The Esk with Part 2 of is assessment of Everton's Accounts Part II – Everton Football Club Company Limited Annual Report and Accounts 2022/23 https://theesk.org/2024/04/02/part-ii-everton-football-club-company-limited-annual-report-and-accounts-2022-23/ https://archive.ph/1NFWH The Esk with the thi...

Chester Perry

that absolutely sucks - so if I'm reading it correctly then there is no guaranteed live coverage of the weekend Championship games meaning those of us abroad can no longer watch the game. edit: Sounds like this is for the UK domestic market, not sure how it will work for those abroad I read it as i...

Chester Perry

Many don't have sympathy with the Premier League over the £533m they give away to the English game each season and are demanding more, particularly the EFL, the organisation that once turned down the share of revenues it is now seeking. Those same people are almost universally in support of the prop...

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