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by Chester Perry
Tue Apr 16, 2024 7:25 pm
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12675
Views: 1243377

Re: ALK Capital or Farnell/Elkashashy takeover

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...
by Chester Perry
Tue Apr 16, 2024 7:00 pm
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12675
Views: 1243377

Re: ALK Capital or Farnell/Elkashashy takeover

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...
by Chester Perry
Tue Apr 16, 2024 6:50 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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 ...
by Chester Perry
Tue Apr 16, 2024 2:34 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Tue Apr 16, 2024 1:51 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Tue Apr 16, 2024 1:26 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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 ...
by Chester Perry
Mon Apr 15, 2024 10:59 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Mon Apr 15, 2024 10:49 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Mon Apr 15, 2024 11:04 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Mon Apr 15, 2024 10:26 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Mon Apr 15, 2024 10:15 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Sun Apr 14, 2024 7:38 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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 ...
by Chester Perry
Sun Apr 14, 2024 6:05 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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
by Chester Perry
Sun Apr 14, 2024 5:26 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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...
by Chester Perry
Sun Apr 14, 2024 5:15 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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
by Chester Perry
Sun Apr 14, 2024 5:13 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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...
by Chester Perry
Sun Apr 14, 2024 5:08 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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
by Chester Perry
Sun Apr 14, 2024 4:46 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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...
by Chester Perry
Sun Apr 14, 2024 4:42 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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 ...
by Chester Perry
Sun Apr 14, 2024 10:04 am
Forum: The Bee Hole End
Topic: A movie title for BFC this season
Replies: 88
Views: 1693

Re: A movie title for BFC this season

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
by Chester Perry
Sun Apr 14, 2024 9:55 am
Forum: The Bee Hole End
Topic: A movie title for BFC this season
Replies: 88
Views: 1693

Re: A movie title for BFC this season

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
by Chester Perry
Sun Apr 14, 2024 9:49 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Sat Apr 13, 2024 1:04 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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...
by Chester Perry
Sat Apr 13, 2024 12:52 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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 ...
by Chester Perry
Sat Apr 13, 2024 12:42 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Fri Apr 12, 2024 6:18 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

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 ...
by Chester Perry
Fri Apr 12, 2024 5:45 pm
Forum: The Bee Hole End
Topic: Netflix / Prime recommendations
Replies: 571
Views: 64322

Re: Netflix / Prime recommendations

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
by Chester Perry
Fri Apr 12, 2024 5:41 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Fri Apr 12, 2024 5:36 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Fri Apr 12, 2024 3:56 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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
by Chester Perry
Fri Apr 12, 2024 3:29 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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
by Chester Perry
Fri Apr 12, 2024 3:23 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Fri Apr 12, 2024 2:42 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Fri Apr 12, 2024 2:41 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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...
by Chester Perry
Fri Apr 12, 2024 1:57 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

Some interesting changes to EFL TV coverage next season under it's new deal with Sky, it sounds like games are going to be much easier easier to view from a single provider if you cannot get to the actual match from The Athletic Sky Sports’ new EFL TV deal to bring an end to streaming service iFollo...
by Chester Perry
Fri Apr 12, 2024 1:36 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

Yeah they certainly spent a lot. The initial video which they put out was orchestrated by Saatchi and Saatchi and wasn't cheap (for what was a simple interview video). This was filmed a few weeks before the takeover was completed so there was clearly a bit of money available at that point. it makes...
by Chester Perry
Fri Apr 12, 2024 1:25 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

Thanks CP! It's definitely our intention to do a few more 'deep dive' type episodes. We're working on getting some experts on different issues/subjects. I've not revisited his first presser for a while so definitely something to do. Interesting to note that ALK and Pace were being advised by Saatch...
by Chester Perry
Fri Apr 12, 2024 1:16 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

so I feel like I have been posting about this for around 4 years now, but it is edging ever closer from The Guardian Clubs agree to cap spending on players as part of Premier League PSR reform New rules could be tried out in shadow form next season Full reform of profitability and sustainability ru...
by Chester Perry
Fri Apr 12, 2024 12:45 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

Sadly, this is not a surprise Three years on, Football Index users are still trying to get their money back Some customers had five- or six-figure sums trapped when it collapsed in 2021 and say the site was not regulated properly https://www.theguardian.com/football/blog/2024/mar/25/three-years-on-...
by Chester Perry
Fri Apr 12, 2024 12:30 pm
Forum: The Bee Hole End
Topic: The Lost Art of Not Knowing Things
Replies: 19
Views: 1817

Re: The Lost Art of Not Knowing Things

More importantly, being aware of that ignorance, and as such not proffering opinions about subjects you do not have a grasp on. I ask potentially stupid questions professionally, at least as part of my job, and it doesn't half take some getting used to to get past the fear of looking like an idiot....
by Chester Perry
Fri Apr 12, 2024 12:27 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

Another good one I will say, on reflection, that I concur with Woody and claretpete on here that there is a danger in people giving what I say to much credence in terms of being absolute truth - particularly when I am not able to produce supporting evidence, though even then others with knowledge an...
by Chester Perry
Fri Apr 12, 2024 10:37 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

Paris FC take Fortuna Düsseldorf's free ticket experiment in a new direction from The New York Times A Soccer Team Stopped Charging for Tickets. Should Others Do the Same? When Paris F.C. made its tickets free, it began an experiment into the connection between fans and teams, and posed a question ...
by Chester Perry
Fri Apr 12, 2024 10:22 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

The money behind Everton's long time funding partner - Rights and Media Funding - has long been obscured though it was believed to have arrived in this country from offshore by Everton fan Paul Quinn, better known as The Esk, who I also mentioned the name of Michael Tabor, I believe. As I start to g...
by Chester Perry
Thu Apr 11, 2024 6:39 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

so I feel like I have been posting about this for around 4 years now, but it is edging ever closer from The Guardian Clubs agree to cap spending on players as part of Premier League PSR reform New rules could be tried out in shadow form next season Full reform of profitability and sustainability rul...
by Chester Perry
Thu Apr 11, 2024 3:47 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

I think a big factor in that mindset that sometimes goes unnoticed is the strength of the US dollar in recent years, especially against the £. US capital has been snapping up UK companies with that discount priced in so that might explain why ALK thought they were getting the club at a decent price...
by Chester Perry
Thu Apr 11, 2024 3:46 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 792
Views: 67222

Re: Brilliant New Burnley Podcast

They think they bought Burnley at a cheap price. There has been a strange consensus among American investors in the game that English and European clubs are 'under-valued'. This seems to be because they compare PL club's values to those of the NFL franchises. But of course there are a ton of reason...
by Chester Perry
Thu Apr 11, 2024 10:37 am
Forum: The Bee Hole End
Topic: Will it be the same next season
Replies: 25
Views: 1419

Re: Will it be the same next season

Assuming we are relegated,and we are top of the Championship walking through teams as we did last season,will it feel the same to you? Last season was full of hope excitement and I was drooling over the style of football on offer.VK could do no wrong.If it's repeated next season however,It just won...
by Chester Perry
Thu Apr 11, 2024 10:23 am
Forum: The Bee Hole End
Topic: Pre season tour
Replies: 57
Views: 5380

Re: Pre season tour

It's a while ago now - I think it's shocking. That's a title that has always been used as a special recognition. When I first started going it was James Grimshaw who I think had previously been chairman. Then it was Doc Iven given his years with the club as club doctor and director and finally Jimm...
by Chester Perry
Thu Apr 11, 2024 10:07 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

This is still ongoing. Leeds ordered to pay £18m after losing CAS appeal over Augustin deal https://mol.im/a/11390461 via https://dailym.ai/android I had forgotten about this - but it seems that after 4 years it may finally be coming to a conclusion from The Athletic Leeds appeal against £24.5m Jea...
by Chester Perry
Wed Apr 10, 2024 6:19 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9965
Views: 1005555

Re: Football's Magic Money Tree

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 ...