Just saying there is no information on what the management fee was paid for or which affiliate it was paid to.
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- Thu Apr 04, 2024 9:20 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
- Thu Apr 04, 2024 9:19 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
But you claimed that none of the directors received any remuneration and no shareholders have taken money out of the club. So, which is it? I didn't claim, I quoted the accounts that state it. I also said a management fee paid to an affiliate doesn't indicate that Alan Pace and other directors were...
- Thu Apr 04, 2024 8:58 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
Is it not possible that the £2.5m management fee was paid to another company of which Alan Pace and co are directors? It's not only possible, it's certain. The accounts say it was paid to an affiliate. But, just because Alan Pace is a director of the company providing management services doesn't me...
- Thu Apr 04, 2024 8:14 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
there appears to be a lot of matchday and event staff in those figures - it hides all the full time numbers on the administration and commercial activities previously we would not have have mentioned the matchday event numbers the football side has grown marginally, and is now a handful above the y...
- Thu Apr 04, 2024 8:09 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
Who do you think BFC paid a £2.5m management fee to? I’m not suggesting that the directors shouldn’t be paid for the work that they do, but I don’t think you’re naive enough to claim that the accounts clearly state the directors haven’t been remunerated. Note 6: The Company had no employees, other ...
- Thu Apr 04, 2024 6:12 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
So are you saying directors/shareholders are sucking out funds, or 'improvements'/operating costs of the admin side? Hi Ian, I don't think anyone has answered your question. The latest set of accounts very clearly state that none of the directors received any remuneration for their services. Equall...
- Wed Apr 03, 2024 6:53 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Burnley FC Accounts 2022/23
Didn't the new owners have 3 transfer windows before we got relegated? The club was in decent shape, how the club is now (good or bad) is down to the new owners. Bought club 30th December 2020. Transfer window, January 2021, starts 2 days later. Did we sign anyone in that window, I can't remember. ...
- Wed Apr 03, 2024 6:38 pm
- Forum: The Bee Hole End
- Topic: ALK Capital or Farnell/Elkashashy takeover
- Replies: 12775
- Views: 1265483
Re: ALK Capital or Farnell/Elkashashy takeover
doesn't help that Matt Slater reports the clubs loan is still with MSD, when he himself reported that ended in his accounts review for 2021/22 last May of course they loans have been refinanced 3 times since then and we have no current knowledge as to the MGG agreement - hopefully the release of th...
- Wed Apr 03, 2024 5:47 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
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 I've read the relevant sections of ...
- Wed Apr 03, 2024 1:34 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
As I have said before (on both the takeover and MMT threads) that only applies if you are carrying losses over the previous two years - which we were not I've just been back and looked at the 2021/22 accounts - on the SwissRamble link. I've also looked at the 2022/23 accounts and re-called it menti...
- Wed Apr 03, 2024 1:22 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
As I have said before (on both the takeover and MMT threads) that only applies if you are carrying losses over the previous two years - which we were not Chester Perry wrote: ↑Wed Jan 10, 2024 6:24 pm For those who believe that all clubs have deposited their 2022/23 accounts with the Premier League...
- Wed Apr 03, 2024 1:16 pm
- Forum: The Bee Hole End
- Topic: Burnley FC Accounts 2022/23
- Replies: 268
- Views: 12567
Re: Administration?
This may already have been posted but this is a brief overview of Burnley's finances for the 2021-22 year by Swiss Ramble. You have to subscribe for their full assessment. https://swissramble.substack.com/p/burnley-finances-202122?utm_source=profile&utm_medium=reader2 I would be very interested to ...
- Tue Apr 02, 2024 9:40 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
FT 1-1
- Tue Apr 02, 2024 9:39 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
BBC NEW Posted at 21:3621:36 Post update Burnley 1-1 Wolves A frustrating few minutes for Boubacar Traoré as he's caught offside during another promising Wolves attack. The fourth official shows up nine added minutes . Burnley will be keen to regain some of the pressure they were putting on earlier....
- Tue Apr 02, 2024 9:33 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
Phil Bird says offside ???
- Tue Apr 02, 2024 9:32 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
We are Burnley from the North.
- Tue Apr 02, 2024 9:31 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
Foster off - Benson on
- Tue Apr 02, 2024 9:05 pm
- Forum: The Bee Hole End
- Topic: What's happened to the roof?
- Replies: 43
- Views: 5395
Re: What's happened to the roof?
I don't understand why they didn't get Muric to knock it into shape at half time.dandeclaret wrote: ↑Tue Apr 02, 2024 8:52 pmApparently they’ve already contacted Gifton Noel-Williams, and he’s going to head over tomorrow and take a few penalties…. Said he’ll have that bit of metal down in no time. That’s what you call efficient.
- Tue Apr 02, 2024 9:01 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
BBC
GREAT SAVE!
Burnley 1-1 Wolves
Really important save from Arijanet Muric to deny Rayan Aït-Nouri a second goal.
He's played in over the top and gets the better of Maxime Esteve but Muric comes off his line, stays on his feet and makes a big block from close range.
GREAT SAVE!
Burnley 1-1 Wolves
Really important save from Arijanet Muric to deny Rayan Aït-Nouri a second goal.
He's played in over the top and gets the better of Maxime Esteve but Muric comes off his line, stays on his feet and makes a big block from close range.
- Tue Apr 02, 2024 8:56 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
What's everyone cheering about?
- Tue Apr 02, 2024 8:34 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Wolves
- Replies: 338
- Views: 11912
Re: Burnley vs Wolves
Don't say that, please don't say that.JimmyRobbo wrote: ↑Tue Apr 02, 2024 8:28 pmLet' just get to HT! How many times have I regretted that thought this year!
- Fri Mar 29, 2024 8:51 pm
- Forum: The Bee Hole End
- Topic: Mr Bates vs the Post Office
- Replies: 311
- Views: 29832
Re: Mr Bates vs the Post Office
This has to be the biggest most heinous cover up of Big Business crushing the little man. Those found out need locking up and the key thrown away IMO and none of the Mr Saunders leniency for those who remember Guinness scandal-the only man to be cured of dementia-a criminal in civvy street and a cr...
- Fri Mar 29, 2024 8:42 pm
- Forum: The Bee Hole End
- Topic: Mr Bates vs the Post Office
- Replies: 311
- Views: 29832
Re: Mr Bates vs the Post Office
Starting to unravel for the Post Office now. Cannot see any way in a million years that members of the government were not aware of this either. If Sunak had any spine at all he would instruct criminal prosecutions against those involved and take away all their pensions too to try and recoup the £1...
- Fri Mar 29, 2024 8:37 pm
- Forum: The Bee Hole End
- Topic: Has Steven Defour switched his allegiance?
- Replies: 22
- Views: 3545
Re: Has Steven Defour switched his allegiance?
His allegiance would be with Mr D and his team, for football coaching etc, however, his allegiance to a club in the UK would always be Burnley. The crowd changed his life positively. Steven Defour and Vincent Kompany were both members of the Belgium squad in 2014 world cup. Of course, Sean Dyche di...
- Wed Mar 27, 2024 6:06 pm
- Forum: The Bee Hole End
- Topic: Passport problems
- Replies: 86
- Views: 4445
Re: Passport problems
Why is this even a news item anymore? How many sob stories do we have to hear from people having "their holidays ruined" by the Airline/Airport/Staff/Michael O'Leary etc How thick do you have to be to not know the rules by now!!! Rant over. Story on BBC today because a BBC reporter was stopped from...
- Tue Mar 26, 2024 8:57 pm
- Forum: The Bee Hole End
- Topic: Internationals 26-3-24
- Replies: 98
- Views: 4601
- Tue Mar 26, 2024 8:56 pm
- Forum: The Bee Hole End
- Topic: Internationals 26-3-24
- Replies: 98
- Views: 4601
Re: Internationals 26-3-24
The England game should be abandoned for wearing that deplorable grey kit. Where’s the traditional white. “money, money, money. No names on the shirts in the 2nd half. Part of a dementia awareness campaign. It's possible the colour of the kit is also part of the dementia awareness campaign. Players...
- Tue Mar 26, 2024 8:44 pm
- Forum: The Bee Hole End
- Topic: Baltimore Bridge has fallen down!
- Replies: 53
- Views: 3789
Re: Baltimore Bridge has fallen down!
Some tables place Baltimore at 13th or 14th largest port in usa.Paul Waine wrote: ↑Tue Mar 26, 2024 8:44 pmAt least 4 larger container ports on east coast usa. New York/New Jersey largest.
- Tue Mar 26, 2024 8:44 pm
- Forum: The Bee Hole End
- Topic: Baltimore Bridge has fallen down!
- Replies: 53
- Views: 3789
- Tue Mar 26, 2024 8:28 pm
- Forum: The Bee Hole End
- Topic: Baltimore Bridge has fallen down!
- Replies: 53
- Views: 3789
- Mon Mar 25, 2024 5:35 pm
- Forum: The Bee Hole End
- Topic: Weghorst
- Replies: 129
- Views: 8292
Re: Weghorst
Thought he didn’t want to play in the championship. He refuses to play in the championship it'll be another loan anything to just drag it out until his time contracted expires. Wout Weghorst was signed in January when Burnley were in relegation place. The World Cup in Qatar would be in November/Dec...
- Mon Mar 25, 2024 5:19 pm
- Forum: The Bee Hole End
- Topic: Truro City - fixture congestion and ground (pitch) problems
- Replies: 42
- Views: 2457
- Sun Mar 24, 2024 2:50 pm
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
Price changes, whether up or down are passed on in seconds in the wholesale side of the industry, Traders lose money and businesses go bust if they don't.getbennyon wrote: ↑Sun Mar 24, 2024 11:13 amThe price rises always seem to be passed on much quicker than the falls.
Retail side of any business is, of course, very different.
- Sun Mar 24, 2024 2:47 pm
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
I love how much expertise we have on this messageboard. I learn more here than anywhere else! 40 years working across the energy sector. Opportunity to pick up a little on how it works. I worked with people who had worked for John B's firm in the last decade or my career. Met John B at one of his f...
- Sun Mar 24, 2024 12:32 am
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
BS surely it does not matter where we buy our gas from, the Ukraine invasion created a shortage of global supply which must force prices up. Also you mention storage, my understanding is that one of the reasons we pay over the odds for our energy is that the UK compared to our European counterparts...
- Sat Mar 23, 2024 7:33 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 10008
- Views: 1041802
Re: Football's Magic Money Tree
The key stated aims of the imaginatively titled “Independent Football Regulator” are: “To improve financial sustainability of clubs, ensure financial resilience across the leagues and to safeguard the heritage of English football.” But can it really do any of the above? King Canute had more chance ...
- Sat Mar 23, 2024 7:20 pm
- Forum: The Bee Hole End
- Topic: Football's Magic Money Tree
- Replies: 10008
- Views: 1041802
Re: Football's Magic Money Tree
A staggering 64 clubs have gone into administration since the advent of the PL. Does anybody involved in the upper echelons of the FA, PL or whoever know or care? From an open letter to The Guardian: Fair Game represents 34 professional clubs in the English football pyramid. The long-awaited public...
- Fri Mar 22, 2024 10:10 pm
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
My energy supplier informs me that the unit price for gas bill will drop by about 14% however when I look on the charts for the current prices for Natural Gas I note that the Natural Gas price on the markets has halved from October 2023 and fallen exponentially since the to reach peak in August 202...
- Tue Mar 19, 2024 3:46 pm
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
Paul, thanks for your detailed answer. OK here are UK Natural Gas Prices https://tradingeconomics.com/commodity/uk-natural-gas they seem to correspond closely to US prices. Re the seasonal aspect: prices fell steadily from 136p per therm in October 23 down to 55p in February 24 back up to 73 in the...
- Tue Mar 19, 2024 3:32 pm
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
The 50+ new (and many very flakey) were encouraged to set up under the Coalition government. Ed Davey was the Energy Minister. Ofgem fully supported. Policy was also fully supported by Labour, especially Ed Miliband. The City of Nottingham set up Robin Hood Energy. Bristol City set up another. In 20...
- Tue Mar 19, 2024 1:28 pm
- Forum: The Bee Hole End
- Topic: Natural Gas
- Replies: 30
- Views: 2462
Re: Natural Gas
What prices are you looking at, Loup? The link is to US NatGas prices. Natgas doesn't trade in a single global market, as crude oil does. The critical difference is oil can be transported easily and cheaply by tanker. Natgas prices, on the other hand, are prices in markets connected by pipelines. It...
- Tue Mar 19, 2024 1:01 pm
- Forum: The Bee Hole End
- Topic: Independent Football Regulator
- Replies: 30
- Views: 1775
Re: Independent Football Regulator
Is it not illegal in other industries to trade at a loss year after year, why should football be any different? It's illegal for directors to run up debts they can't pay, i.e. trading while insolvent. It's not illegal to make losses. There are many start ups make losses year after year. They either...
- Tue Mar 19, 2024 12:54 pm
- Forum: The Bee Hole End
- Topic: Independent Football Regulator
- Replies: 30
- Views: 1775
- Tue Mar 19, 2024 12:52 pm
- Forum: The Bee Hole End
- Topic: Independent Football Regulator
- Replies: 30
- Views: 1775
- Sun Mar 17, 2024 6:38 pm
- Forum: The Bee Hole End
- Topic: Today’s football 17/3
- Replies: 178
- Views: 4682
Re: Today’s football 17/3
Wasn't it "Player of the match" up until 1921 when the FA tried to stop women and girls playing football?
Now we can all enjoy playing football again, let's start using the correct terminology again.
Now we can all enjoy playing football again, let's start using the correct terminology again.
- Sat Mar 16, 2024 5:13 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Brentford - MATCH THREAD
- Replies: 446
- Views: 13031
Re: Burnley vs Brentford - MATCH THREAD
Got to be honest, I didn't know what he meant.spt_claret wrote: ↑Sat Mar 16, 2024 5:10 pmPretty sure he means Muric deserved to have one.
Pretty sure you know that too.
Delighted the clarets got the win.
- Sat Mar 16, 2024 5:09 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Brentford - MATCH THREAD
- Replies: 446
- Views: 13031
Re: Burnley vs Brentford - MATCH THREAD
I don't think it's a clean sheet when the other side score...Tricky Trevor wrote: ↑Sat Mar 16, 2024 5:06 pmMuric 10. Never has a keeper deserved a clean sheet more.
UTC
- Sat Mar 16, 2024 4:53 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Brentford - MATCH THREAD
- Replies: 446
- Views: 13031
Re: Burnley vs Brentford - MATCH THREAD
9 minutes added
- Sat Mar 16, 2024 3:25 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Brentford - MATCH THREAD
- Replies: 446
- Views: 13031
Re: Burnley vs Brentford - MATCH THREAD
BBC saying there was 5 and half minutes between foul and penalty being given. Prepare to be late home if you are at the game.
UTC
UTC
- Sat Mar 16, 2024 3:12 pm
- Forum: The Bee Hole End
- Topic: Burnley vs Brentford - MATCH THREAD
- Replies: 446
- Views: 13031
Re: Burnley vs Brentford - MATCH THREAD
DOGSO, same as Josh Brownhil at Palace.