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- Mon Apr 22, 2024 2:51 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
Is this a sign of how desperate the situation at Everton is? - the clubs own financial advisors seeking funding for 777 Partners rather than finding an alternative, because the process would take too long for a new buyer to take control from Bloomberg Everton's Advisers Scramble to Save 777 Takeove...
- Mon Apr 22, 2024 1:06 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
Is this a sign of how desperate the situation at Everton is? - the clubs own financial advisors seeking funding for 777 Partners rather than finding an alternative, because the process would take too long for a new buyer to take control from Bloomberg Everton's Advisers Scramble to Save 777 Takeover...
- Sun Apr 21, 2024 5:35 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Sat Apr 20, 2024 1:47 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
The Geo-political Economy of Football is an old and long running theme for this thread - but given what has dominated it in recent times is is almost a pleasant change to go back to it, Rory Smith in The New York Times asks a really rather good question and in some ways I feel the answer lies with t...
- Sat Apr 20, 2024 12:24 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
Another example of football becoming disenfranchised from what helped establish its popularity - as the article demonstrates this is a situation that is not unfamiliar in our town from The Times ‘We’d be lambs to slaughter’ – why some fans don’t want to get promoted It’s the tightest Championship pr...
- Fri Apr 19, 2024 11:30 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
the Guardian release the fourth part of the Oligarch Files relating to Roman Abramovitch Offshore cash and huge loans: how Roman Abramovich turned Chelsea into world-beaters Exclusive: Leak reveals network of companies used to route fortune made from the oil fields of Siberia into Stamford Bridge h...
- Fri Apr 19, 2024 5:47 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
Matt Slater's Business of Football column returns today, and it is particularly timely given it covers 3 of the previous 4 posts on this thread, with extensive features on Everton's proposed (and much delayed) takeover and the FA Cup Changes introducing a lot of information about the economics and c...
- Fri Apr 19, 2024 2:37 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
After a week where UEFA club competition left just 1 English club standing in the semi-finals of 3 competitions and a weekend where the PSR breaching, points deducted pair of Everton and Nottingham Forest meet in a supposed relegation battle, the bottom two (Sheffield United and Burnley) meet in the...
- Fri Apr 19, 2024 2:03 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
777 partners seem like they rob Peter to pay Paul. Have they actually got a pot to p1ss in ? possibly not anymore though it is expected that they will be putting more operating money into Everton in the coming days This is an interesting if unsurprising move https://twitter.com/sachatavolieri/statu...
- Fri Apr 19, 2024 11:40 am
- Forum: The Bee Hole End
- Topic: FA Cup Replays
- Replies: 79
- Views: 2615
Re: FA Cup Replays
Maybe it's just time to scrap Premier League Teams from the FA Cup? Or just get rid of the whole football league system - it's just in the way. from a FIFA/UEFA perspective it is about creating a standardised approach - unfortunately for us, England is the massive outlier with the depth and histori...
- Fri Apr 19, 2024 11:33 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
Meanwhile it seem s that the new Independent Regulator for Football is to be based in Manchester - might as well be close to some of your biggest lobbyists, large and small. from The Times Football regulator to be based in Manchester, with chairman on £130k Person heading up new regulator will earn ...
- Fri Apr 19, 2024 11:07 am
- Forum: The Bee Hole End
- Topic: FA Cup Replays
- Replies: 79
- Views: 2615
Re: FA Cup Replays
Don't forget that the EFL have previously offered to terminate the League cup - as part of their negotiations for greater Premier League monies. They have long known what was coming, this faux outrage is about them trying to claw more money from the Premier League - and to be honest if it is to happ...
- Fri Apr 19, 2024 10:59 am
- Forum: The Bee Hole End
- Topic: Beyer
- Replies: 45
- Views: 3988
Re: Beyer
yesterday was the first I heard about a long term injury to Al Dakhil who is also out until next season
- Fri Apr 19, 2024 10:48 am
- Forum: The Bee Hole End
- Topic: FA Cup Replays
- Replies: 79
- Views: 2615
Re: FA Cup Replays
I have been posting about the causes for this situation - and it is only the first step in a greater plan - for years now on the MMT. It is not surprising that this has come about, the only surprise is the number of people who have found it surprising. this which is also in the MMT is my take I must...
- Fri Apr 19, 2024 10:44 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
I must say that while I am not surprised by the outcry of the significant changes to the format of the FA Cup, I am somewhat surprised at the misinformation from the media fuelling the outrage against the Premier League and yet more calls for the Independent Regulator for Football to step in. Natura...
- Thu Apr 18, 2024 10:47 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
It has been a week bookend by financial deadlines for 777 Partners football interests and warnings about financial commitments not being honoured throughout * we are now back in Belgium and the long running saga of completion of the deal for Standard Liege from Walfoot courtesy of Google translate F...
- Wed Apr 17, 2024 11:01 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
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....
- Wed Apr 17, 2024 10:47 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Wed Apr 17, 2024 10:23 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
- Wed Apr 17, 2024 10:10 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Wed Apr 17, 2024 9:51 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Wed Apr 17, 2024 9:29 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
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...
- Wed Apr 17, 2024 12:39 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Wed Apr 17, 2024 12:33 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
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...
- Wed Apr 17, 2024 11:54 am
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Wed Apr 17, 2024 11:42 am
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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 ...
- Wed Apr 17, 2024 11:38 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
Re: Football's Magic Money Tree
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...
- Wed Apr 17, 2024 11:19 am
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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.Quickenthetempo wrote: ↑Wed Apr 17, 2024 11:09 amHi Paul, why do you think it's better for the club to have a multinational mix in the ownership?
- Wed Apr 17, 2024 10:41 am
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Wed Apr 17, 2024 10:39 am
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Tue Apr 16, 2024 11:09 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Tue Apr 16, 2024 10:49 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
Re: ALK Capital or Farnell/Elkashashy takeover
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...
- Tue Apr 16, 2024 7:25 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
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...
- Tue Apr 16, 2024 7:00 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12771
- Views: 1252984
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...
- Tue Apr 16, 2024 6:50 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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 ...
- Tue Apr 16, 2024 2:34 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Tue Apr 16, 2024 1:51 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Tue Apr 16, 2024 1:26 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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 ...
- Mon Apr 15, 2024 10:59 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Mon Apr 15, 2024 10:49 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Mon Apr 15, 2024 11:04 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Mon Apr 15, 2024 10:26 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Mon Apr 15, 2024 10:15 am
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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...
- Sun Apr 14, 2024 7:38 pm
- Forum: The Bee Hole End
- Topic: Brilliant New Burnley Podcast
- Replies: 803
- Views: 68536
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 ...
- Sun Apr 14, 2024 6:05 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 9982
- Views: 1016303
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
from The Athletic
Nottingham Forest’s points deduction appeal hearing for PSR breach set for week beginning April 22
https://archive.ph/7UYdV
- Sun Apr 14, 2024 5:26 pm
- Forum: The Bee Hole End
- Topic: Brilliant New Burnley Podcast
- Replies: 803
- Views: 68536
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...
- Sun Apr 14, 2024 5:15 pm
- Forum: The Bee Hole End
- Topic: Brilliant New Burnley Podcast
- Replies: 803
- Views: 68536
Re: Brilliant New Burnley Podcast
Not before timeIghtenhill_Claret wrote: ↑Sun Apr 14, 2024 5:13 pmInteresting 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.
- Sun Apr 14, 2024 5:13 pm
- Forum: The Bee Hole End
- Topic: Brilliant New Burnley Podcast
- Replies: 803
- Views: 68536
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...
- Sun Apr 14, 2024 5:08 pm
- Forum: The Bee Hole End
- Topic: Brilliant New Burnley Podcast
- Replies: 803
- Views: 68536
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
https://hk.linkedin.com/in/jeanbaptiste ... din.com%2F
- Sun Apr 14, 2024 4:46 pm
- Forum: The Bee Hole End
- Topic: Brilliant New Burnley Podcast
- Replies: 803
- Views: 68536
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...