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by Paul Waine
Thu Apr 04, 2024 9:20 pm
Forum: The Bee Hole End
Topic: Burnley FC Accounts 2022/23
Replies: 268
Views: 12567

Re: Administration?

randomclaret2 wrote:
Thu Apr 04, 2024 9:15 pm
We might be paying JJ Watt ? 😳
Just saying there is no information on what the management fee was paid for or which affiliate it was paid to.
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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 ...
by Paul Waine
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...
by Paul Waine
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. ...
by Paul Waine
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...
by Paul Waine
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 ...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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 ...
by Paul Waine
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
by Paul Waine
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....
by Paul Waine
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 ???
by Paul Waine
Tue Apr 02, 2024 9:32 pm
Forum: The Bee Hole End
Topic: Burnley vs Wolves
Replies: 338
Views: 11912

Re: Burnley vs Wolves

superdimitri wrote:
Tue Apr 02, 2024 9:31 pm
Why do we get the tough game?
We are Burnley from the North.
by Paul Waine
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
by Paul Waine
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?

dandeclaret wrote:
Tue Apr 02, 2024 8:52 pm
Apparently 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.
I don't understand why they didn't get Muric to knock it into shape at half time.
by Paul Waine
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.
by Paul Waine
Tue Apr 02, 2024 8:56 pm
Forum: The Bee Hole End
Topic: Burnley vs Wolves
Replies: 338
Views: 11912

Re: Burnley vs Wolves

Wokingclaret wrote:
Tue Apr 02, 2024 8:56 pm
Phil Bird hasn't turned up this half, atmos only
What's everyone cheering about?
by Paul Waine
Tue Apr 02, 2024 8:34 pm
Forum: The Bee Hole End
Topic: Burnley vs Wolves
Replies: 338
Views: 11912

Re: Burnley vs Wolves

JimmyRobbo wrote:
Tue Apr 02, 2024 8:28 pm
Let' just get to HT! How many times have I regretted that thought this year!
Don't say that, please don't say that.
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
Tue Mar 26, 2024 8:57 pm
Forum: The Bee Hole End
Topic: Internationals 26-3-24
Replies: 98
Views: 4601

Re: Internationals 26-3-24

Rileybobs wrote:
Tue Mar 26, 2024 8:48 pm
Woke England removing names from the back of their kits to raise awareness for dementia.
Why is campaign on a serious health issue "woke?"
by Paul Waine
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...
by Paul Waine
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!

Paul Waine wrote:
Tue Mar 26, 2024 8:44 pm
At least 4 larger container ports on east coast usa. New York/New Jersey largest.
Some tables place Baltimore at 13th or 14th largest port in usa.
by Paul Waine
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!

groove wrote:
Tue Mar 26, 2024 8:37 pm
I stand corrected. I must have read it wrong.
At least 4 larger container ports on east coast usa. New York/New Jersey largest.
by Paul Waine
Tue Mar 26, 2024 8:28 pm
Forum: The Bee Hole End
Topic: Baltimore Bridge has fallen down!
Replies: 53
Views: 3789

Re: Baltimore Bridge has fallen down!

groove wrote:
Tue Mar 26, 2024 6:39 pm
The bridge collapse has cut off the largest port in the USA. The economic consequences are immense. No goods in, no goods out. I would say that's quite strategic. Wouldn't you?
9th largest according to Port of Baltimore.
by Paul Waine
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...
by Paul Waine
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

Re: Truro City - fixture congestion and ground (pitch) problems

dsr wrote:
Mon Mar 25, 2024 4:04 pm
Fair comment.

However, the price of houses in Cornwall does seem to suggest that more people than not think it's a good place to live. Hospitals and football notwithstanding!
Isn't that more an indication that people like to own a second home there?
by Paul Waine
Sun Mar 24, 2024 2:50 pm
Forum: The Bee Hole End
Topic: Natural Gas
Replies: 30
Views: 2462

Re: Natural Gas

getbennyon wrote:
Sun Mar 24, 2024 11:13 am
The price rises always seem to be passed on much quicker than the falls.
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.

Retail side of any business is, of course, very different.
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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 ...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
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...
by Paul Waine
Tue Mar 19, 2024 12:54 pm
Forum: The Bee Hole End
Topic: Independent Football Regulator
Replies: 30
Views: 1775

Re: Independent Football Regulator

groove wrote:
Tue Mar 19, 2024 8:11 am
I'm a bit sceptical about this. Sounds like a step towards football being state run.
State run industry where all the "stars" earn £millions. It's an odd one.
by Paul Waine
Tue Mar 19, 2024 12:52 pm
Forum: The Bee Hole End
Topic: Independent Football Regulator
Replies: 30
Views: 1775

Re: Independent Football Regulator

dushanbe wrote:
Tue Mar 19, 2024 8:02 am
Regulators work really well in other industries like telecoms, energy and water.
and Financial Services...
by Paul Waine
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.
by Paul Waine
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

spt_claret wrote:
Sat Mar 16, 2024 5:10 pm
Pretty sure he means Muric deserved to have one.

Pretty sure you know that too.
Got to be honest, I didn't know what he meant.

Delighted the clarets got the win.
by Paul Waine
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

Tricky Trevor wrote:
Sat Mar 16, 2024 5:06 pm
Muric 10. Never has a keeper deserved a clean sheet more.
I don't think it's a clean sheet when the other side score...

UTC
by Paul Waine
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
by Paul Waine
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
by Paul Waine
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.