What did I miss - club for sale

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Burnleyareback2
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What did I miss - club for sale

Post by Burnleyareback2 » Sat Jan 25, 2020 11:09 pm

Heard Paul Weller after the game day there are rumours the club is up for sale.

I haven’t heard about this before or read anything in here- what have I missed?

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Re: What did I miss - club for sale

Post by Vegas Claret » Sat Jan 25, 2020 11:10 pm

maybe you misheard, maybe he said the club needs to have a sale !!

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Re: What did I miss - club for sale

Post by Bosscat » Sat Jan 25, 2020 11:13 pm

Burnleyareback2 wrote:
Sat Jan 25, 2020 11:09 pm
Heard Paul Weller after the game day there are rumours the club is up for sale.

I haven’t heard about this before or read anything in here- what have I missed?
I heard him say that on Radio Lancashire too ... anyone else able to spread some light on it...

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Re: What did I miss - club for sale

Post by Quickenthetempo » Sat Jan 25, 2020 11:14 pm

I think every club is up for sale, at the right price.

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Re: What did I miss - club for sale

Post by Darnhill Claret » Sat Jan 25, 2020 11:15 pm

My understanding is that we have always been open to investors as long as the present incumbents feel that it is in the best interests of the club.

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Re: What did I miss - club for sale

Post by jojomk1 » Sat Jan 25, 2020 11:16 pm

Garlick has said in the past that there have been enquiries about the club

MACCA
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Re: What did I miss - club for sale

Post by MACCA » Sat Jan 25, 2020 11:17 pm

Is it not common knowledge?

I'm unaware of any business that wants to keep posting huge profits other than for sale purposes.

It makes zero sense to do so, it helps you get top dollar.
No one buys a business that makes little or no money...

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Re: What did I miss - club for sale

Post by FactualFrank » Sat Jan 25, 2020 11:18 pm

jojomk1 wrote:
Sat Jan 25, 2020 11:16 pm
Garlick has said in the past that there have been enquiries about the club
Well we've all heard that. The OP suggests it's more imminent.
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Re: What did I miss - club for sale

Post by Wile E Coyote » Sat Jan 25, 2020 11:18 pm

he did say that, but I think he was just talking about rumours and obvious speculation given our unwillingness to spend. he did say why bother employing sean dyche if they refuse to back him

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Re: What did I miss - club for sale

Post by Spiral » Sat Jan 25, 2020 11:20 pm

marlonspants has entered the chat.
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Re: What did I miss - club for sale

Post by jojomk1 » Sat Jan 25, 2020 11:24 pm

Given our current position, couldn't see any "investor" coming in at this moment in time
If we secure Prem League again at the end of the season then things may change in the summer
Last edited by jojomk1 on Sat Jan 25, 2020 11:25 pm, edited 2 times in total.

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Re: What did I miss - club for sale

Post by FactualFrank » Sat Jan 25, 2020 11:24 pm

Spiral wrote:
Sat Jan 25, 2020 11:20 pm
marlonspants has entered the chat.
Ahhhhh

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Re: What did I miss - club for sale

Post by Burnleyareback2 » Sat Jan 25, 2020 11:44 pm

jojomk1 wrote:
Sat Jan 25, 2020 11:24 pm
Given our current position, couldn't see any "investor" coming in at this moment in time
If we secure Prem League again at the end of the season then things may change in the summer
I’d expect an investor would see a better price in buying now than when later when/if we are safe in the league- probably to the tune for 10’s of millions.

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Re: What did I miss - club for sale

Post by Burnleyareback2 » Sat Jan 25, 2020 11:45 pm

Ye did course every club is for sake etc but apparently there are rumours- that’s more than just being something that could be bought.

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Re: What did I miss - club for sale

Post by tim_noone » Sat Jan 25, 2020 11:47 pm

We will move with the times... The constant chat on here is how unique we are regards our current ownership being Local Lads done well etc etc. But Who constantly get reminded to put their money in their pockets.Im Guessing they'll cash in their chips.

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Re: What did I miss - club for sale

Post by tim_noone » Sat Jan 25, 2020 11:49 pm

Burnleyareback2 wrote:
Sat Jan 25, 2020 11:44 pm
I’d expect an investor would see a better price in buying now than when later when/if we are safe in the league- probably to the tune for 10’s of millions.
Our stock is at it's highest.....hope it isn't gold and Sullivan though :o

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Re: What did I miss - club for sale

Post by claretdj » Sat Jan 25, 2020 11:49 pm

If he"s a Russian or an Arab then sell please..

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Re: What did I miss - club for sale

Post by FactualFrank » Sat Jan 25, 2020 11:53 pm

tim_noone wrote:
Sat Jan 25, 2020 11:49 pm
Our stock is at it's highest.....hope it isn't gold and Sullivan though :o
We have no interest in snooker so don't be so silly.

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Re: What did I miss - club for sale

Post by Burnleyareback2 » Sat Jan 25, 2020 11:59 pm

So in summary, there are no rumours?

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Re: What did I miss - club for sale

Post by MACCA » Sun Jan 26, 2020 12:05 am

tim_noone wrote:
Sat Jan 25, 2020 11:47 pm
We will move with the times... The constant chat on here is how unique we are regards our current ownership being Local Lads done well etc etc. But Who constantly get reminded to put their money in their pockets.Im Guessing they'll cash in their chips.
And these business men ( because let's be honest that's what they are first and foremost) stand to make more overnight than they have in 2 decades of business.

I must be a different type of fan to the ones on our board, as I'd be doing everything possible to establish this team, win a cup and build the best team possible.

Sadly our board see profits as the aim of the game, which conveniently dovetails into point number 1...

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Re: What did I miss - club for sale

Post by tim_noone » Sun Jan 26, 2020 12:09 am

MACCA wrote:
Sun Jan 26, 2020 12:05 am
And these business men ( because let's be honest that's what they are first and foremost) stand to make more overnight than they have in 2 decades of business.

I must be a different type of fan to the ones on our board, as I'd be doing everything possible to establish this team, win a cup and build the best team possible.

Sadly our board see profits as the aim of the game, which conveniently dovetails into point number 1...
Maybe it will be for the Best....it's been a great ride though it really has.

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Re: What did I miss - club for sale

Post by MACCA » Sun Jan 26, 2020 12:12 am

tim_noone wrote:
Sun Jan 26, 2020 12:09 am
Maybe it will be for the Best....it's been a great ride though it really has.
It was, then Mike Garlick took sole charge.

Theres a long list of people to thank from coyle, kilby to Dyche. However this current regime isn't one of them IMO

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Re: What did I miss - club for sale

Post by fidelcastro » Sun Jan 26, 2020 12:12 am

It wouldn't surprise me if there's no truth in any of this.

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Re: What did I miss - club for sale

Post by fidelcastro » Sun Jan 26, 2020 12:13 am

MACCA wrote:
Sun Jan 26, 2020 12:12 am
It was, then Mike Garlick took sole charge.

Theres a long list of people to thank from coyle, kilby to Dyche. However this current regime isn't one of them IMO
Utter rubbish.
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Re: What did I miss - club for sale

Post by FactualFrank » Sun Jan 26, 2020 12:14 am

fidelcastro wrote:
Sun Jan 26, 2020 12:12 am
It wouldn't surprise me if there's no truth in any of this.
And this would be the only time in nearly 4 years that I trust you.

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Re: What did I miss - club for sale

Post by fidelcastro » Sun Jan 26, 2020 12:16 am

FactualFrank wrote:
Sun Jan 26, 2020 12:14 am
And this would be the only time in nearly 4 years that I trust you.
Bore off, muchacho.

:roll:

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Re: What did I miss - club for sale

Post by tim_noone » Sun Jan 26, 2020 12:17 am

FactualFrank wrote:
Sun Jan 26, 2020 12:14 am
And this would be the only time in nearly 4 years that I trust you.
Trust no one.... 8-)

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Re: What did I miss - club for sale

Post by FactualFrank » Sun Jan 26, 2020 12:18 am

fidelcastro wrote:
Sun Jan 26, 2020 12:16 am
Bore off, muchacho.

:roll:
That one was easy ;)

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Re: What did I miss - club for sale

Post by FactualFrank » Sun Jan 26, 2020 12:18 am

tim_noone wrote:
Sun Jan 26, 2020 12:17 am
Trust no one.... 8-)
I trust many people. Others, I'd never get tired of smacking.

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Re: What did I miss - club for sale

Post by fidelcastro » Sun Jan 26, 2020 12:20 am

FactualFrank wrote:
Sun Jan 26, 2020 12:18 am
I trust many people. Others, I'd never get tired of smacking.
You sound like you've been on the smack.

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Re: What did I miss - club for sale

Post by FactualFrank » Sun Jan 26, 2020 12:23 am

fidelcastro wrote:
Sun Jan 26, 2020 12:20 am
You sound like you've been on the smack.
So you can't think for yourself. We get it.

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Re: What did I miss - club for sale

Post by cricketfieldclarets » Sun Jan 26, 2020 12:26 am

tim_noone wrote:
Sun Jan 26, 2020 12:17 am
Trust no one.... 8-)
Tim No One?
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Re: What did I miss - club for sale

Post by fidelcastro » Sun Jan 26, 2020 12:26 am

FactualFrank wrote:
Sun Jan 26, 2020 12:23 am
So you can't think for yourself. We get it.
Brilliant comeback, muchacho.

Pity it makes no sense, like most obscurantist rubbish you post from that mashed up head of yours.

Go to bed.

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Re: What did I miss - club for sale

Post by FactualFrank » Sun Jan 26, 2020 12:30 am

fidelcastro wrote:
Sun Jan 26, 2020 12:26 am
Brilliant comeback, muchacho.

Pity it makes no sense, like most obscurantist rubbish you post from that mashed up head of yours.

Go to bed.
Are you crying?

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Re: What did I miss - club for sale

Post by dsr » Sun Jan 26, 2020 12:48 am

MACCA wrote:
Sun Jan 26, 2020 12:05 am
And these business men ( because let's be honest that's what they are first and foremost) stand to make more overnight than they have in 2 decades of business.

I must be a different type of fan to the ones on our board, as I'd be doing everything possible to establish this team, win a cup and build the best team possible.

Sadly our board see profits as the aim of the game, which conveniently dovetails into point number 1...
Try this for a concept - it is possible that two people have the same aims but have different ways of trying to achieve it.

You have your own idea of how to do the best for Burnley FC and you are assuming that anyone who has a different approach, by definition, does not want the best for Burnley FC. And while it is nice to believe that you, and you alone, have all the answers - is it really true?

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Re: What did I miss - club for sale

Post by aggi » Sun Jan 26, 2020 12:56 am

MACCA wrote:
Sat Jan 25, 2020 11:17 pm
Is it not common knowledge?

I'm unaware of any business that wants to keep posting huge profits other than for sale purposes.

It makes zero sense to do so, it helps you get top dollar.
No one buys a business that makes little or no money...
Or for building up reserves in the knowledge that at some point in the future revenue will drop by 80% or so.

(On a separate note, loads of businesses making little or no money get bought.)
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Re: What did I miss - club for sale

Post by tim_noone » Sun Jan 26, 2020 1:07 am

cricketfieldclarets wrote:
Sun Jan 26, 2020 12:26 am
Tim No One?
:lol: :lol:
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Re: What did I miss - club for sale

Post by Vegas Claret » Sun Jan 26, 2020 1:17 am

have we signed anyone yet ?

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Re: What did I miss - club for sale

Post by Chester Perry » Sun Jan 26, 2020 1:25 am

claretdj wrote:
Sat Jan 25, 2020 11:49 pm
If he"s a Russian or an Arab then sell please..
I would find that extremely disappointing, as in all likelihood be for an image wash - I don't want anybody to be reckless with our club - too many in our town are dependent on it for that to be right and I do not mean emotionally which would be bad enough
Last edited by Chester Perry on Sun Jan 26, 2020 1:42 am, edited 1 time in total.
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Re: What did I miss - club for sale

Post by dsr » Sun Jan 26, 2020 1:30 am

claretdj wrote:
Sat Jan 25, 2020 11:49 pm
If he"s a Russian or an Arab then sell please..
I think Portsmouth had both. Is any Russian or Arab acceptable, or would you be slightly selective?

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Re: What did I miss - club for sale

Post by HunterST_BFC » Sun Jan 26, 2020 3:16 am

cricketfieldclarets wrote:
Sun Jan 26, 2020 12:26 am
Tim No One?
Well I thought this was funny!
Good work fellas!
:lol: :lol: :lol:
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Re: What did I miss - club for sale

Post by Stockbrokerbelt » Sun Jan 26, 2020 6:32 am

Lets hope any new owner or investor is a dwarf who gives interviews on a little trampoline, imagine sky trying to air an interview with him or reporting on transfer dead line day.
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Re: What did I miss - club for sale

Post by Danieljwaterhouse » Sun Jan 26, 2020 7:46 am

The club is obviously either for sale or looking for investment. You don’t post books like those year in year out for ego, you post them because the club needs to be in its most attractive state to go to market!

I’d say we will be gone in summer 2020 to a new owner. I’d suggest it’ll be an American investment that already has investment strategies in Lancashire.

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Re: What did I miss - club for sale

Post by arise_sir_charge » Sun Jan 26, 2020 8:28 am

I’ve heard a rumour that there is something happening.

Always makesMe laugh on here when foreign investment is mentioned. People immediately cite Portsmouth or Rovers and totally disregard the multiple success stories regarding foreign investment.

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Re: What did I miss - club for sale

Post by MACCA » Sun Jan 26, 2020 8:47 am

aggi wrote:
Sun Jan 26, 2020 12:56 am
Or for building up reserves in the knowledge that at some point in the future revenue will drop by 80% or so.

(On a separate note, loads of businesses making little or no money get bought.)
There is that, but only time will tell.

Many people will have various opinions of what's happening/will happen .

There is many a time I wish my opinion or knowledge was wrong, and although theres many that wont like it, sadly sometimes I'm right

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Re: What did I miss - club for sale

Post by Tall Paul » Sun Jan 26, 2020 8:51 am

aggi wrote:
Sun Jan 26, 2020 12:56 am
Or for building up reserves in the knowledge that at some point in the future revenue will drop by 80% or so.

(On a separate note, loads of businesses making little or no money get bought.)
There are also loads of businesses that make profits every year with no intention to sell. Probably the vast majority of successful businesses, in fact.

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Re: What did I miss - club for sale

Post by Darnhill Claret » Sun Jan 26, 2020 8:52 am

There was I thinking that accounts had to be published, irrespective of any potential sale.

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Re: What did I miss - club for sale

Post by TVC15 » Sun Jan 26, 2020 8:57 am

MACCA wrote:
Sun Jan 26, 2020 12:12 am
It was, then Mike Garlick took sole charge.

Theres a long list of people to thank from coyle, kilby to Dyche. However this current regime isn't one of them IMO
You mean the same regime who appointed Dyche ?
We have got nothing to thank them for ?
Not even the training ground ?
Not taking a penny in dividends whilst the club received more than £400m in income ?
Not getting the club into any debt ?

So your preference is what ? That they run the club at losses and that we were in debt to the owners to the tune of £150m like Blackburn ?
What do you think Barry Kilby would have done differently to the current owners ?

Lots of questions there - Most of them are rhetorical !!
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Re: What did I miss - club for sale

Post by MACCA » Sun Jan 26, 2020 9:03 am

TVC15 wrote:
Sun Jan 26, 2020 8:57 am
You mean the same regime who appointed Dyche ?
We have got nothing to thank them for ?
Not even the training ground ?
Not taking a penny in dividends whilst the club received more than £400m in income ?
Not getting the club into any debt ?

So your preference is what ? That they run the club at losses and that we were in debt to the owners to the tune of £150m like Blackburn ?
What do you think Barry Kilby would have done differently to the current owners ?

Lots of questions there - Most of them are rhetorical !!
Here, here.

You're correct

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Re: What did I miss - club for sale

Post by arise_sir_charge » Sun Jan 26, 2020 9:03 am

TVC15 wrote:
Sun Jan 26, 2020 8:57 am
You mean the same regime who appointed Dyche ?
We have got nothing to thank them for ?
Not even the training ground ?
Not taking a penny in dividends whilst the club received more than £400m in income ?
Not getting the club into any debt ?

So your preference is what ? That they run the club at losses and that we were in debt to the owners to the tune of £150m like Blackburn ?
What do you think Barry Kilby would have done differently to the current owners ?

Lots of questions there - Most of them are rhetorical !!
HOUSE.......BINGO!

I was waiting on the reference to £150m and Blackburn.

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