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Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 10:32 am
by randomclaret2
...and 7th most valuable club in the Premier League according to a University of Liverpool study

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:08 am
by LeadBelly
I guess this is based on the BBC article which concentrates on Man City taking over from Man U as the "most valuable" Prem Club

https://www.bbc.co.uk/sport/football/48145285

I'll have a look for the full report to see the detail of how they've evaluated this.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:13 am
by spanishclaret
Burnley valued at £398m. That seems extraordinary.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:14 am
by theroyaldyche
spanishclaret wrote:Burnley valued at £398m. That seems extraordinary.
Worth every diego penny

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:21 am
by Chester Perry
The fact that Leicester are worth less than half of what they were last season (while getting ready to open their new £100m training ground) raises some questions as to the suitability of the methodology

full original report here post #978 http://uptheclarets.com/messageboard/vi ... &start=950" onclick="window.open(this.href);return false;

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:23 am
by Woonderbah
spanishclaret wrote:Burnley valued at £398m. That seems extraordinary.
Surely that's just Ben Mee alone.. what about the rest ?

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:23 am
by Fretters
It's 10 years ago today since we went into our game with Bristol City to secure our place in the 2009 play offs. And now we're worth £398m. What a ride!

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:24 am
by tim_noone
spanishclaret wrote:Burnley valued at £398m. That seems extraordinary.
UTC! Great Stuff.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:28 am
by ElectroClaret
:shock: :shock: :shock: 8-)

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:28 am
by Lord Beamish
It’s very commendable, but we shouldn’t make a virtue out of a necessity.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:37 am
by bob-the-scutter
Lord Beamish wrote:It’s very commendable, but we shouldn’t make a virtue out of a necessity.
Or a silk horse out of a kids ear!

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:37 am
by Leisure
Lord Beamish wrote:It’s very commendable, but we shouldn’t make a virtue out of a necessity.
Killjoy. :oops:

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:39 am
by LeadBelly
Took a bit of tracking down but the underlying (Univ of L'pool) report is at https://news.liverpool.ac.uk/2019/05/03 ... able-club/

The methodology is outlined near the top of the article, then a bit about each club.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 11:59 am
by Pstotto
Money does the talking. We finished 7th in both the financial and the league tables.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 1:22 pm
by IanMcL
So our directors are, potentially, very rich men!

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 1:30 pm
by Chester Perry
IanMcL wrote:So our directors are, potentially, very rich men!
and still the poorest owners in the league by a long way

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 1:33 pm
by IanMcL
Agreed, if 'poor' could be used! However, when they eventually move on, the income will be huge.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 1:39 pm
by scouseclaret
IanMcL wrote:So our directors are, potentially, very rich men!
Most of them already are, but it if they were to cash in, it would raise some interesting questions over where the rest of the shareholders would stand after we were disenfranchised a few years ago!

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 1:39 pm
by Goddy
spanishclaret wrote:Burnley valued at £398m. That seems extraordinary.
...considering there are, I think, about 130,000 shares in the club which are at £200 a pop, that would make our current valuation about £26m only.

(If I'm wrong about this I'm sure Chester Perry and/or Royboyclaret will put me right)

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 1:42 pm
by Tall Paul
Goddy wrote:...considering there are, I think, about 130,000 shares in the club which are at £200 a pop, that would make our current valuation about £26m only.

(If I'm wrong about this I'm sure Chester Perry and/or Royboyclaret will put me right)
The shares aren't traded on the open market, where do you get your £200 valuation from?

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:20 pm
by Paul Waine
IanMcL wrote:So our directors are, potentially, very rich men!
By standards of most of us, Mike G and John B are already very rish men.

UTC

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:26 pm
by Goddy
Tall Paul wrote:The shares aren't traded on the open market, where do you get your £200 valuation from?
I think it's fairly open information that shares were £200 each (at least that's what I paid for my substantial holding in the club of one share). I think you have to buy 10 shares now at a cost of £2k if you want to buy any. Again though, I may be wrong with this, too, and CT may have better and more up to date info.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:31 pm
by martin_p
Goddy wrote:...considering there are, I think, about 130,000 shares in the club which are at £200 a pop, that would make our current valuation about £26m only.

(If I'm wrong about this I'm sure Chester Perry and/or Royboyclaret will put me right)
The shares are worth what the current holders are prepared to sell them for.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:32 pm
by Paul Waine
Goddy wrote:I think it's fairly open information that shares were £200 each (at least that's what I paid for my substantial holding in the club of one share). I think you have to buy 10 shares now at a cost of £2k if you want to buy any. Again though, I may be wrong with this, too, and CT may have better and more up to date info.

Hi Goddy, when did you buy your share(s)?

The £398 million valuation is derived applying the same valuation formula for every club - and assumes, amongst other things, that Premier League status is retained - and, I don't think it means, just retained for one season....

With Jim Ratcliffe launching the Ineos Cycling team - previously Sky Cycling - it's also been reported, again, that Jim Ratcliffe offered £2 billion to acquire Chelsea last year, But, even though that figure is a few hundred million above Chelsea's valuation, according to L'pool Uni research, Abromovich is not selling.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:38 pm
by Tall Paul
Goddy wrote:I think it's fairly open information that shares were £200 each (at least that's what I paid for my substantial holding in the club of one share). I think you have to buy 10 shares now at a cost of £2k if you want to buy any. Again though, I may be wrong with this, too, and CT may have better and more up to date info.
How long ago was that though? I'm sure it was before we've been making all these profits.

I don't think they're available at £200 each now.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:47 pm
by Goddy
Paul Waine wrote:Hi Goddy, when did you buy your share(s)?
25 Feb 2013 it says on my share certificate, Paul.

I totally get it's only worth what someone is prepared to pay but I was just giving a view on how different the (rough) valuation of the club was/is.

Anyhow, I'm not selling! :lol: :P

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:49 pm
by Chester Perry
Goddy wrote:25 Feb 2013 it says on my share certificate, Paul.

I totally get it's only worth what someone is prepared to pay but I was just giving a view on how different the (rough) valuation of the club was/is.

Anyhow, I'm not selling! :lol: :P
don't you have to have permission to sell shares in Burnley?

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:49 pm
by Goddy
Tall Paul wrote:How long ago was that though? I'm sure it was before we've been making all these profits.

I don't think they're available at £200 each now.
Not sure, Paul (x 2), if you can still buy them. As I say CT will almost certainly know, if not, ring the club up and ask.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:52 pm
by Goddy
Chester Perry wrote:don't you have to have permission to sell shares in Burnley?
Hi Chester - I think you have to write to the Company Secretary if you want to sell your shares. Don't know if the club then buy them back or broker a deal and offer them. As I say, it's not something I'm looking to do (as if I'm some big shot with mi single share)

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 2:57 pm
by Chester Perry
Goddy wrote:Hi Chester - I think you have to write to the Company Secretary if you want to sell your shares. Don't know if the club then buy them back or broker a deal and offer them. As I say, it's not something I'm looking to do (as if I'm some big shot with mi single share)
not saying you or any other shareholder wants to sell (most if not all never bought them with that intention)

my understanding was the new owner in a share transfer had to be approved by the Directors

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 3:33 pm
by Goddy
Chester Perry wrote:
my understanding was the new owner in a share transfer had to be approved by the Directors
I think you're right, Chester, which is why I think you have to write to the club if you were/are considering selling or transfer your share(s)

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 5:03 pm
by IanMcL
Goddy wrote:I think it's fairly open information that shares were £200 each (at least that's what I paid for my substantial holding in the club of one share). I think you have to buy 10 shares now at a cost of £2k if you want to buy any. Again though, I may be wrong with this, too, and CT may have better and more up to date info.
I have one, too.
I believe the information is correct, however, none on the market. The price was when there was a share allocation. Now, there is no need!

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 5:07 pm
by IanMcL
The £200 is the 'face value'. The value of a share with voting rights (ours have no rights, as the main shareholders ousted us) will match the value of the club (the big number)

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 5:12 pm
by Chester Perry
IanMcL wrote:The £200 is the 'face value'. The value of a share with voting rights (ours have no rights, as the main shareholders ousted us) will match the value of the club (the big number)
Is that absolutely no voting right - or no worthwhile voting right given the miniscule percentage of shares held outside of those held outside of the few major shareholders and no way of building a significant holding without Director approval

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 5:14 pm
by IanMcL
I think we were knocked out of voting rights, Chester. They have value but really as souvenirs!

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 5:17 pm
by claptrappers_union
I suppose it like Burnley Football Club being the Burger Van, happily ticking over a profit on a retail park with McDonalds, Starbucks, Pizza Hut and KFC.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 6:49 pm
by Juan Tanamera
I don't know about anyone else, but I got my single share 10 years ago due to Barry Kilby's Premier League Pledge.
That was where you received a free season ticket (you had to be a current holder of one of course).
I think there were two options to the deal...
1). Where you got the ticket completely free.
2). Where you contributed half towards the season ticket but also received a single share, valued at the time at £200.

Re: Burnley most sensibly run club in the Premier League financially

Posted: Fri May 03, 2019 9:59 pm
by BennyD
Lord Beamish wrote:It’s very commendable, but we shouldn’t make a virtue out of a necessity.
Why not? Having to do something but doing it brilliantly should be praised. However, some of us on here have known this for many years.