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by Chester Perry
Mon Apr 08, 2024 11:59 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

For those who have listened to the Offensive we know how the project ends https://stak.london/shows/the-offensive/ More realistically, we are one of the best placed teams to become a yo-yo club. Only until FIFA/UEFA/The Sneeky, Greedy Six/ECA get their wish to reduce the league to 18 (ideally 16 - ...
by Chester Perry
Mon Apr 08, 2024 11:44 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

Hi CP, don't you think "chase for money" is what all clubs who plan to back their manager with funds for transfers do? Do you have sight of the facility agreement from last summer? Are the terms really more onerous that previous MSD loan? £20m at 31st July only suggests some of the facility hadn't ...
by Chester Perry
Mon Apr 08, 2024 11:30 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

Hi CP, my thoughts: 1) a bit much to pick out 2 January windows and one summer windows, especially when the club sold a number of players in the summer window before those 3 you mention, especially when the club has brought in players in each of Vincent Kompany's 4 windows. 2) how much money do you...
by Chester Perry
Mon Apr 08, 2024 11:20 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

Has anyone confirmed why the £88m/£80m was invested in the parent companies in September? Until I understand who invested that, why, and what it will/has been used for, I feel we only have half of the jigsaw pieces and shouldn’t be drawing hard conclusions as to club finances. The only hard conclus...
by Chester Perry
Mon Apr 08, 2024 11:05 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

Fair enough, what’s interesting is that link has the term in the title but I listened to the first couple of minutes and Kompany doesn’t mention it. My point really is, I don’t think it’s been an over used term by anyone at the club. I don’t hear it rolled out in interview after interview. It’s jus...
by Chester Perry
Mon Apr 08, 2024 10:57 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

With this is mind... I take it there will be a lot of players being sold mid season in the very likely event we are relegated ? One of the features of the club's notion of buying to sell (under ALK/VSL) is that there have been very few actual sales of note the most profitable being Collins and Corn...
by Chester Perry
Mon Apr 08, 2024 10:22 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

Appointing cash flow guru another clod of money to pay which Club hasn’t got A real mess now imho tbf the club have managed to meet all the demands placed upon them, which is some going when you look at the detail of outflow. That said last summers chase for money: factoring a portion of 3 years Pr...
by Chester Perry
Mon Apr 08, 2024 10:12 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

Out of interest, who ever used the ‘project’ language on the club side? I can’t recall anyone doing so, but haven’t really been looking out for it. some selective memory going on I think first entry on a google search, even the clubs official media channel calls it a project - https://www.youtube.c...
by Chester Perry
Mon Apr 08, 2024 9:48 am
Forum: The Bee Hole End
Topic: 'The Project'...
Replies: 58
Views: 2460

Re: 'The Project'...

I wouldn't be surprised. I think the owners will "bet the ranch", but with borrowed money, not invested money (or even loan repaid money). Indeed 'the Project' which everyone at the club has stopped talking about (for now - it will be interesting to see the language used next season) has morphed in...
by Chester Perry
Sun Apr 07, 2024 11:10 pm
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12765
Views: 1248805

Re: ALK Capital or Farnell/Elkashashy takeover

If you click through to this page - there are a series of documents hidden at the bottom right hand side https://www.assetmatch.com/app/OurCompanies/CompanyProfile?companyId=2560 one of which is the Admission Statement - a document legally required in such sales events by the Financial Conduct Auth...
by Chester Perry
Sun Apr 07, 2024 1:29 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

I have to say that this comes as no surprise, their are various stories of MSP and their Evertonian fan partners Andy Bell and George Downing may buy Bramley Moore Dock, though buy probably means take ownership and fund the completion. It would certainly get 777 Partners out of the £158m payment to ...
by Chester Perry
Sun Apr 07, 2024 1:16 pm
Forum: The Bee Hole End
Topic: If VK is made director of football who is our manager?
Replies: 43
Views: 2097

Re: If VK is made director of football who is our manager?

gawthorpe_view wrote:
Sun Apr 07, 2024 1:09 pm
Someone posted yesterday that his role seems combine the roles of Manager and DoF.
That's All Folks!
Which is not all that different to the previous manager
by Chester Perry
Sat Apr 06, 2024 7:58 pm
Forum: The Bee Hole End
Topic: I’m so sick of Kompany
Replies: 349
Views: 15757

Re: I’m so sick of Kompany

thing is, the 'clubs like ours' is a bit of an unknown. We've no clue at all how much money the 'consortium' for want of a better term have (granted that's a VERY optimistic stance before you start because I know you will :D ) The whole season has been down to the inexperience of the side. It is tr...
by Chester Perry
Sat Apr 06, 2024 3:59 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

If that link isn't working for you then it's probably some issue with your system, I'd guess your media player maybe played a cached version. This is definitely the right file and isn't saved with any other episode https://1drv.ms/u/s!Atnj-YxkG3VkkZtid-uleYWeNrwImg Thank you - yes this is working f...
by Chester Perry
Sat Apr 06, 2024 2:01 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

yep, that is my usual practice - just the 25 seconds for me
by Chester Perry
Sat Apr 06, 2024 1:12 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

Goody1975 wrote:
Sat Apr 06, 2024 12:54 pm
https://pod.link/1688380656

Try this
that is my usual go to for this pod - still only get the 25 seconds I am sorry to say
by Chester Perry
Sat Apr 06, 2024 12:31 pm
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

I have tried Apple, Amazon, Spotify and several others with no joy
by Chester Perry
Sat Apr 06, 2024 11:05 am
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

got a window with the 25 second title music burst - also tried the download option and got the same
by Chester Perry
Sat Apr 06, 2024 11:03 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

Rory Smith asks what to some minds a particularly uncomfortable question, one that is in many ways, actually a statement of fact. from The New York Times Is Soccer’s Model Club Actually … Real Madrid? The club is strutting into a future different from the one envisioned by its president, Florentino ...
by Chester Perry
Sat Apr 06, 2024 10:54 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

Meanwhile this article shows that 777 Partners are still in discussion with the Premier League - no doubt abut the schedule they have been given if approval is to be granted - the article primarily focuses on the long list of on and off field challenges that Everton faces in the month, perhaps one o...
by Chester Perry
Sat Apr 06, 2024 10:17 am
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

aggi wrote:
Sat Apr 06, 2024 9:54 am
This should be a link to the full version
https://sphinx.acast.com/p/open/s/6464c ... /media.mp3
thanks, but still getting the 25 seconds only even after ctrl f5
by Chester Perry
Sat Apr 06, 2024 10:06 am
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

It has not been discussed much, but with the board of Everton abdicating last summer - with fat pay outs and not making themselves available for the independent commission hearings - along with the named owner doing the same in terms of his financial responsibility for the mess he largely created (...
by Chester Perry
Sat Apr 06, 2024 9:31 am
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

Looks like it might be cached - CTRL and F5 (or the refresh arrow on phone) might clear it. The link for me now definitely has the 33:05 podcast link. done that several times - rebooted several times, best I have got is showing time of 33 minutes then when I play it does the intro music before seam...
by Chester Perry
Fri Apr 05, 2024 11:39 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

Last weekend saw the last of the accounts due for Premier Leagues clubs posted to Companies House, though it seems a couple have taken to posting them by recorded mail to slow down the publishing process Yesterday the BBC published this work by Kieran Maguire looking at the huge losses recorded acro...
by Chester Perry
Fri Apr 05, 2024 11:04 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

It has not been discussed much, but with the board of Everton abdicating last summer - with fat pay outs and not making themselves available for the independent commission hearings - along with the named owner doing the same in terms of his financial responsibility for the mess he largely created (p...
by Chester Perry
Fri Apr 05, 2024 8:43 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

Interesting piece on Leicester and why they are stalling the process on their charges around breaching financial rules - features significant input from the new guy on the football finance block - Stefan Borson, who I think offers much sounder assessments than Kieran Maguire - maybe because he actu...
by Chester Perry
Fri Apr 05, 2024 7:17 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

Of course the above mentioned changes came about in the build up to the launch of Super League - a kind of Plan B from Andrea Agnelli and the ECA A new book leads The Telegraph to look back at the first attempt to create a European Super League in 1998, a failed attempt better known as Project Ganda...
by Chester Perry
Fri Apr 05, 2024 6:49 pm
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12765
Views: 1248805

Re: ALK Capital or Farnell/Elkashashy takeover

ALK/VSL filing at Companies house carries on with it's bizarre somewhat erratic course Velocity Capital (UK) Holdings Ltd the entity that only last month became the major shareholder in Burnley Football Club has had its company address posted as being at Companies House in Cardiff after it appears ...
by Chester Perry
Fri Apr 05, 2024 2:48 pm
Forum: The Bee Hole End
Topic: Toffees are in a very sticky situation
Replies: 26
Views: 3621

Re: Toffees are in a very sticky situation

I imagine it will be another 6 point deduction, reduced to 3 points due to their cooperation, reduced to 1 point or possibly just a fine on appeal. None story. Corruption is encouraged by the premier league for certain clubs. The losses in the latest accounts went against all the noises the club we...
by Chester Perry
Fri Apr 05, 2024 2:34 pm
Forum: The Bee Hole End
Topic: Luxury tax
Replies: 39
Views: 2660

Re: Luxury tax

I put this on the MMT but works here too Miguel Delaney in The Independent on the fallacy of the proposal of a Luxury Tax for the Premier League Why a Premier League luxury tax would lead to financial chaos Premier League owners have been discussing solutions to the current profit and sustainability...
by Chester Perry
Fri Apr 05, 2024 2:32 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

It looks like UEFA have given up on trying to legislate against multi-club organisations - the lack of announcement on this reminds me of The FA giving up on Rule 34 from 1983 onwards - starting with Irving Scholars bid to launch Tottenham on the stock market - In UEFA's case it is Article 5 that w...
by Chester Perry
Fri Apr 05, 2024 2:24 pm
Forum: The Bee Hole End
Topic: Football's Magic Money Tree
Replies: 9971
Views: 1010768

Re: Football's Magic Money Tree

Miguel Delaney in The Independent on the fallacy of the proposal of a Luxury Tax for the Premier League Why a Premier League luxury tax would lead to financial chaos Premier League owners have been discussing solutions to the current profit and sustainability rules, following a series of points dedu...
by Chester Perry
Fri Apr 05, 2024 12:48 pm
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Burnley FC Accounts 2022/23

Question for Chester Perry Please excuse my ignorance but am I correct in assuming if our owners had dipped into their back pocket to buy the club Would that cost / expenditure not have counted against us in our latest set of accounts regarding financial fair player Thanks for your help don't see h...
by Chester Perry
Fri Apr 05, 2024 10:38 am
Forum: The Bee Hole End
Topic: Luxury tax
Replies: 39
Views: 2660

Re: Luxury tax

The current system doesn't seem to help so if they use the money gained in the same way they do in the MLS then I can see it having a positive impact. It would mean more money could go into the lower leagues and would bring something good from the ridiculous money rich owners put into teams. It is ...
by Chester Perry
Fri Apr 05, 2024 10:11 am
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

dandeclaret wrote:
Fri Apr 05, 2024 10:03 am
https://pod.link/1688380656/episode/5b8 ... 1cec0fef10 - this should be it
that is the page I usually go to and I have the same problem there too - just the intro music
by Chester Perry
Fri Apr 05, 2024 10:08 am
Forum: The Bee Hole End
Topic: Luxury tax
Replies: 39
Views: 2660

Re: Luxury tax

123EasyasBFC wrote:
Thu Apr 04, 2024 11:29 pm
Any new rules and regulations shouldn’t be put in place until city and Chelsea’s cases are heard.

Or at least hear their cases under the same rules Everton and Forest have
Which may be why there is talk of the changes coming in in 2025/26
by Chester Perry
Fri Apr 05, 2024 10:07 am
Forum: The Bee Hole End
Topic: Luxury tax
Replies: 39
Views: 2660

Re: Luxury tax

As above. If they can get the 20 they want, then shut up shop. I am not sure that is possible under the rules - Also I think that the FA has a power of veto with its golden share Finally I believe there is a section of the Football Governance Act 2024 - that is progressing within Parliament/House o...
by Chester Perry
Fri Apr 05, 2024 9:58 am
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

If you go to the twitter post, there's a link on there that will play it all the way through. I had the same issue as you originally in apple podcasts, and spotify... Can you link the post - not on twitter and Elon makes it impossible to access the latest post just giving me random posts from the a...
by Chester Perry
Fri Apr 05, 2024 9:53 am
Forum: The Bee Hole End
Topic: Brilliant New Burnley Podcast
Replies: 794
Views: 67677

Re: Brilliant New Burnley Podcast

Todays episode is only playing the intro tune across the platforms I have tried
by Chester Perry
Fri Apr 05, 2024 9:50 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Burnley FC Accounts 2022/23

matucana wrote:
Fri Apr 05, 2024 9:43 am
On whether the fee involved JJ Watt is unlikely as his involvement with the club was announced on 1st May 2023 which was after the period of the Accounts under current debate.
The Accounts had a period end of July 31 2023
by Chester Perry
Fri Apr 05, 2024 9:30 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Burnley FC Accounts 2022/23

Consequence is the biggest issue I have. What is the consequence for Pace & Co if it goes tits up. Kilby and then Garlick had financial & personal interests and risks when they had the club. As fans they would remember the financial ruin the club was in, in the 80’s…and as a consequence ran the clu...
by Chester Perry
Fri Apr 05, 2024 9:18 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Burnley FC Accounts 2022/23

Never seen such a list published tbh CP but personally I would be very surprised if Garlick held the record here ! The likes of David Dean at Arsenal will surely have made a lot more than Garlick did (in multiples of investment or any other way either) I would think there will be a number of other ...
by Chester Perry
Fri Apr 05, 2024 9:11 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Burnley FC Accounts 2022/23

In what way, Pete? That Calder Vale had repaid the debt, or that BFCHL had cancelled the debt, or that Calder Vale had never borrowed the £124 million in the first place? It is fair to say that a debt few ever expect to see repaid in any meaningful way to the club has a somewhat distorting impact o...
by Chester Perry
Fri Apr 05, 2024 8:53 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Administration?

randomclaret2 wrote:
Thu Apr 04, 2024 9:15 pm
We might be paying JJ Watt ? 😳
I am aware of journalists whose inquires have led them to believe that - though his payment may be a minor holding in the ownership group - possibly Incentive shares in Velocity Sports Limited (Jersey)
by Chester Perry
Fri Apr 05, 2024 8:50 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Burnley FC Accounts 2022/23

I would be interested in who made a better return on their investment relative to what they risked - Garlick from Burnley or the much maligned Owen Oysten from Blackpool. I would guess the former. All above board I am sure. from what I see Garlick holds the record in terms of multiple of investment...
by Chester Perry
Fri Apr 05, 2024 8:43 am
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Administration?

It's possible that Sean Dyche and the other ex-coaches are included in the "sales and admin staff" for the period up until Sean Dyche joined Everton. There's no mention of a "pay off" when Sean Dyche stepped down as Manager in April 2022. I don't think they would have continued to be listed as "pla...
by Chester Perry
Thu Apr 04, 2024 7:46 pm
Forum: The Bee Hole End
Topic: Luxury tax
Replies: 39
Views: 2660

Re: Luxury tax

That organisation needs to grow a pair. That organisation is controlled by what it's members decide - the more billionaire owners that have come in the less the guidance offered by the Premier League staff is listened to. If English football is to pursue a more American Model, it would be best if i...
by Chester Perry
Thu Apr 04, 2024 7:42 pm
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Administration?

Hi Paul As you know different ways to skin a cat !! Last page of the accounts references the management fee paid by the Group of £2.5m to an “affiliated entity”. It was £1.5m in 2022. Completely separate issue but not really been referenced much on the threads on our accounts but the number of empl...
by Chester Perry
Wed Apr 03, 2024 4:33 pm
Forum: The Bee Hole End
Topic: ALK Capital or Farnell/Elkashashy takeover
Replies: 12765
Views: 1248805

Re: ALK Capital or Farnell/Elkashashy takeover

Might be worth getting this conversation back on here but this dropped from the Athletic - not sure if it has been posted elsewhere Burnley auditors issue warning about club’s financial position in latest accounts https://theathletic.com/5387967/2024/04/03/burnley-accounts-psr/ doesn't help that Ma...
by Chester Perry
Wed Apr 03, 2024 2:25 pm
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12045

Re: Administration?

I think you have misunderstood the rule there is a 3 year period assessment 2022/23, 2021/22 and 2020/21 the latter two seasons giving you T1 and T2 respectively - due to covid rue relaxations the figures for 2020/21 are actually an average of 2019/20 and 2020/21 Perhaps more interesting - and this...