Dyche is obviously frustrated. Maybe we've fallen short on some deals through the board's reluctance to loosen the purse strings slightly which I can understand would be frustrating. However, I can't help but feel that Dyche is looking after his own interests more than the club's with his recent comments.KRBFC wrote: ↑Mon Jun 29, 2020 1:44 pmFair point, given our success you can’t argue the board haven’t got the balance somewhat right but Dyche doesn’t seem to agree. I’d like us to be more free in the market though, we have a massive fall back regardless with the value of Mcneil Tarkowski Pope Taylor and Wood, that is our security, the ability to sell those 5 for well over £100M.
Investor
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Re: Investor
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Re: Investor
And where is this altruistic investor supposed to come from? An investor is a person hoping to make a return on their investment, That eventually means taking money out of the club. At the moment, we have a board that has taken very little out of the club but put a lot of money and effort into it. I think our current board are fantastic and long may they remain in charge.Jakubs Tash wrote: ↑Mon Jun 29, 2020 1:56 pmI don't think anyone is asking for (or expects us to get) an investor to the extent of Man City or Chelsea but just enough money to help maintain our status with the natural growth of wages and fees. It's very important that the current Directors still play a major role in running the club but without investment we won't be a Premier League club for very much longer given the current financial strain at the club.
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Hopefully the Middle East or AmericaGordaleman wrote: ↑Mon Jun 29, 2020 2:06 pmAnd where is this altruistic investor supposed to come from? An investor is a person hoping to make a return on their investment, That eventually means taking money out of the club. At the moment, we have a board that has taken very little out of the club but put a lot of money and effort into it. I think our current board are fantastic and long may they remain in charge.
I understand why people make investments and that they don't just give money away. My point is that there has to be a balance between the money involved and a knowledge of the club/town and it's history from the people at the top. Using Bournemouth as an example again, whilst being bankrolled by the Russian has clearly helped them to push the boundaries with fees and wages, it hasn't been a obscene investment which has been highlighted by how many other football fans don't even realise they are backed at all.
There's absolutely no doubt that the current Board/Chairman have done an incredible job. However, it is increasingly obvious that without investment we will be relegated fairly soon as the current set-up are struggling to 'keep up' with the financial power of the Premier League.
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It's 'Obvious' that we'll be relegated? I just don't understand where you get that idea from. We are a mid to upper division established PL club that is currently having a few local difficulties due to Covid 19. (As are other clubs.) There is no reason why we can't strengthen the squad in the summer and go again. Just because we now have a manager who appears impatient, doesn't mean he'll leave if he doesn't get his way.Jakubs Tash wrote: ↑Mon Jun 29, 2020 2:17 pmHopefully the Middle East or America
I understand why people make investments and that they don't just give money away. My point is that there has to be a balance between the money involved and a knowledge of the club/town and it's history from the people at the top. Using Bournemouth as an example again, whilst being bankrolled by the Russian has clearly helped them to push the boundaries with fees and wages, it hasn't been a obscene investment which has been highlighted by how many other football fans don't even realise they are backed at all.
There's absolutely no doubt that the current Board/Chairman have done an incredible job. However, it is increasingly obvious that without investment we will be relegated fairly soon as the current set-up are struggling to 'keep up' with the financial power of the Premier League.
Anyway, I believe that the situation at Burnley has already been resolved, otherwise, I don't think Bardsley would have re signed. Maybe Sean has been given certain assurances, who knows? I don't and I doubt that you do either, so let's just see what happens over the summer eh?
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I actually answered your question in the very same sentence - just after the word "obvious". I think the Premier League is growing faster than we can financially cope and we now have a mini rebuilding job on our hands this summer which we may struggle to financially facilitate. Or at least they are the noises coming out of the club right now.Gordaleman wrote: ↑Mon Jun 29, 2020 2:26 pmIt's 'Obvious' that we'll be relegated? I just don't understand where you get that idea from. We are a mid to upper division established PL club that is currently having a few local difficulties due to Covid 19. (As are other clubs.) There is no reason why we can't strengthen the squad in the summer and go again. Just because we now have a manager who appears impatient, doesn't mean he'll leave if he doesn't get his way.
Anyway, I believe that the situation at Burnley has already been resolved, otherwise, I don't think Bardsley would have re signed. Maybe Sean has been given certain assurances, who knows? I don't and I doubt that you do either, so let's just see what happens over the summer eh?
I wish I was as confident as you that all has been resolved because a 35 year old full back has re-signed for a further 12 months.
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To be honest, you can't spend 9 million a season in the premier league and have a sustained life. Especially considering most premier league players are valued over 9mill. We are almost back to being a selling club albeit in the top league. That is the harsh reality. I can only see us funding this window by eating away the reserves or selling Tarks.
Say we use the 40mill reserve and get the 4-5 required. With the ooc players gone we will probably still be around the same wage mark as you can't see replacements coming in for less. This means unless we sell again we are unlikely to post any profit next year and more worrying the reserves have gone. This leaves us then with no kitty for transfers albeit value still in assets.
While it's a little disheartening, consider for a moment we were doing this to survive in the championship never mind the premier league.
Investment is needed, finding the right investment however is the problem.
Say we use the 40mill reserve and get the 4-5 required. With the ooc players gone we will probably still be around the same wage mark as you can't see replacements coming in for less. This means unless we sell again we are unlikely to post any profit next year and more worrying the reserves have gone. This leaves us then with no kitty for transfers albeit value still in assets.
While it's a little disheartening, consider for a moment we were doing this to survive in the championship never mind the premier league.
Investment is needed, finding the right investment however is the problem.
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When phrased like that it sounds pretty reasonable. In reality though we'd probably be looking at racking up a hundred million or so of debt if we were looking at a noticeable difference from where we are now.Jakubs Tash wrote: ↑Mon Jun 29, 2020 1:56 pmI don't think anyone is asking for (or expects us to get) an investor to the extent of Man City or Chelsea but just enough money to help maintain our status with the natural growth of wages and fees. It's very important that the current Directors still play a major role in running the club but without investment we won't be a Premier League club for very much longer given the current financial strain at the club.
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Would we really want to be like Wolves, City, Sheffield United, Chelsea, Bournemouth or Newcastle (potentially), beholden to an individual or country of very dubious standing? Personally, I would find it very hard to take if Burnley were taken over by Abu Dhabi, Qatar, Saudi Arabia or some exiled Russian oligarch. As it is said, 'What profiteth a team if it gains the whole world, but loses its own soul.' I don't want any of them near Burnley, however rich they may be. Better to play in the lower divisions.
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Re: Investor
Do you really?Gordaleman wrote: ↑Mon Jun 29, 2020 2:26 pmAnyway, I believe that the situation at Burnley has already been resolved, otherwise, I don't think Bardsley would have re signed.
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Re: Investor
we are a couple of injuries away from fielding youth team players as we speak - the squad needs beefing up considerably for sure in the summer to give Dyche half a chance of retaining our status the following year.Rileybobs wrote: ↑Mon Jun 29, 2020 9:30 amThe board clearly have the line between being sensible and handicapping ourselves right don’t they. Look at our league position and our bank balance. They couldn’t have got that balance more right over the past few seasons.
If we made a net spend of £20m more per season then we’d have a marginally better squad but we’d be leaving ourselves with nothing to fall back on. We’d quickly find ourselves in trouble if relegated. Is that a risk worth taking to finish one or two positions higher in the league which brings negligible reward?
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Yes, I really, really do.
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I agree. But we’re only in this situation due to the unforeseen pandemic. Hendrick, Lennon and Hart would have seen the season out otherwise. We need to bring a few players in but the situation isn’t as drastic as some make out. We’re probably just 3 players short of having a competitive squad.Vegas Claret wrote: ↑Mon Jun 29, 2020 4:26 pmwe are a couple of injuries away from fielding youth team players as we speak - the squad needs beefing up considerably for sure in the summer to give Dyche half a chance of retaining our status the following year.
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not sure Riley, I personally think we needed at least 1 more creative/pacey player than what we had this season - I think we will need 4 at the standard required, 3 to replace what's going out and 1 to addRileybobs wrote: ↑Mon Jun 29, 2020 5:15 pmI agree. But we’re only in this situation due to the unforeseen pandemic. Hendrick, Lennon and Hart would have seen the season out otherwise. We need to bring a few players in but the situation isn’t as drastic as some make out. We’re probably just 3 players short of having a competitive squad.
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What a load of nonsense, if worst came to worst and we were relegated, we have assets like those 5 to sell. We have sold/lost better players (Trippier & Ings) spring to mind and been just fine. You’re acting like we wouldn’t replace those five either, drama queen.Gordaleman wrote: ↑Mon Jun 29, 2020 1:49 pmIf we had to sell those five, we'd soon be propping up League 2.
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If we had to sell them, how would we replace them? If we had the money, we wouldn't be selling in the first place.KRBFC wrote: ↑Mon Jun 29, 2020 10:47 pmWhat a load of nonsense, if worst came to worst and we were relegated, we have assets like those 5 to sell. We have sold/lost better players (Trippier & Ings) spring to mind and been just fine. You’re acting like we wouldn’t replace those five either, drama queen.
I've been called a lot of things in my life but 'Drama Queen' is a new one. That's soooooooooooo funny.
Re: Investor
You just said we’d be propping up League Two if we sold 5 players....Gordaleman wrote: ↑Mon Jun 29, 2020 10:52 pmIf we had to sell them, how would we replace them? If we had the money, we wouldn't be selling in the first place.
I've been called a lot of things in my life but 'Drama Queen' is a new one. That's soooooooooooo funny.
The same way we’ve always sold and replaced players, sell Tark for £40M, bring in a replacement for £10M.
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Don't you listen to Sean? He says players like that are no longer available.
I don't want to fall out with anyone so let's just agree to differ on this.
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Re: Investor
If we sold tarkowski for 40m I would be going all out for Kristoffer Ajer at Celtic. Perfect replacement.
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Re: Investor
from one of the match reports in Tuesday's papers regarding Dyche
"It is becoming easier by the match to understand why he has become frustrated to the point of evidently being willing to leave. The mystery is why, across eight years of watching him punch above his weight, the club's hierarchy will not broaden their ambitions enough to placate him. Losing him will surely prove far more costly than an enhanced transfer strategy."
Spot on imho
"It is becoming easier by the match to understand why he has become frustrated to the point of evidently being willing to leave. The mystery is why, across eight years of watching him punch above his weight, the club's hierarchy will not broaden their ambitions enough to placate him. Losing him will surely prove far more costly than an enhanced transfer strategy."
Spot on imho
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I don't think fans of any team that's received the right investment would go back to pre investment. The problem is just getting it right.
You won't hear many Leicester and Wolves fans moaning about losing the soul of their club when they are doing so well in the league.
We have such potential with a great manager. We could really do a lot better if a deal can be made with the right terms.
You won't hear many Leicester and Wolves fans moaning about losing the soul of their club when they are doing so well in the league.
We have such potential with a great manager. We could really do a lot better if a deal can be made with the right terms.
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We do have a habit of unearthing gems. Brownhill a case in point. He was immense last night and showed glimpses against Watford. It's not ideal to be scrabbling about for like for like replacements at bargain basement prices but I do believe SD would be able to, with support; replace the likes of Tarkowski and Pope with players who could step up. Finding a replacement for McNeil would be the difficult one.Gordaleman wrote: ↑Mon Jun 29, 2020 11:00 pmDon't you listen to Sean? He says players like that are no longer available.
I don't want to fall out with anyone so let's just agree to differ on this.
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Nixon
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Nixon
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This is in the daily mail
"Swirling around in the background – and the reason why no commitments have been made – is the suggestion that Burnley will be sold to a Middle East buyer this summer and that how the future looks will be dependent on whoever that buyer might be."
"Swirling around in the background – and the reason why no commitments have been made – is the suggestion that Burnley will be sold to a Middle East buyer this summer and that how the future looks will be dependent on whoever that buyer might be."
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That will get some burnley fans choking on their supperclaretandy wrote: ↑Thu Jul 02, 2020 6:40 pmThis is in the daily mail
"Swirling around in the background – and the reason why no commitments have been made – is the suggestion that Burnley will be sold to a Middle East buyer this summer and that how the future looks will be dependent on whoever that buyer might be."
Re: Investor
To keep at the same level will cost more and not the same as before. To maintain it or progress more will require outside investment. Is Garlick doing the right thing to not spend more and accept the inevitable or find an investor who can ?
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So, are we saying Newcastle can't have Sean Dyche, so Saudi's are going to buy Sean and Burnley FC, instead?claretandy wrote: ↑Thu Jul 02, 2020 6:40 pmThis is in the daily mail
"Swirling around in the background – and the reason why no commitments have been made – is the suggestion that Burnley will be sold to a Middle East buyer this summer and that how the future looks will be dependent on whoever that buyer might be."
Or, maybe it's Qatar buying Burnley so that they can get their own back on BeOutQ pinching their BeIN games?
UTC
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I'm sure the Qataries that owned psg were meant to be buying Leeds subject to their promotion. Imagine if they bought us instead and got us to the summit of the PL. Those horse botherers will be spitting venky chicken feathers we can all dream....
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If you take what Nixon is saying, plus this article, then the board are actively seeking outside investment.Paul Waine wrote: ↑Thu Jul 02, 2020 6:49 pmSo, are we saying Newcastle can't have Sean Dyche, so Saudi's are going to buy Sean and Burnley FC, instead?
Or, maybe it's Qatar buying Burnley so that they can get their own back on BeOutQ pinching their BeIN games?
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Close links between the Qataris who own BeIN Media and the Leeds owner who owns Eleven sportsgandhisflipflop wrote: ↑Thu Jul 02, 2020 7:05 pmI'm sure the Qataries that owned psg were meant to be buying Leeds subject to their promotion. Imagine if they bought us instead and got us to the summit of the PL. Those horse botherers will be spitting venky chicken feathers we can all dream....
As for dreams - pretty sure mine do not involve a state of any kind taking ownership of Burnley FC
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Maybe Mike Ashley will be looking for a new project if and when the Saudi deal goes ahead
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We would have even less to spend as our commercial Income would drop - a lot sponsorship would go to sport directrandomclaret2 wrote: ↑Thu Jul 02, 2020 7:12 pmMaybe Mike Ashley will be looking for a new project if and when the Saudi deal goes ahead
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I hear Vincent is on the lookout for a new club ...
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Marvellous - red instead of claret isn’t too big a swap and the east Lancashire dragons does have a ring to it.
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I dream to win things, there's no point in being interested in football otherwise however unrealistic it may seem. When I first started going to matches in the 90s I dreamt of the premier league and that seemed unrealistic at the time.Chester Perry wrote: ↑Thu Jul 02, 2020 7:10 pmClose links between the Qataris who own BeIN Media and the Leeds owner who owns Eleven sports
As for dreams - pretty sure mine do not involve a state of any kind taking ownership of Burnley FC
Re: Investor
Whispers from within the club that a takeover is at an advance stage
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Are you sure? I thought that the tea lady was furloughed.
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We are being bought out by Twix, ground to re-named Twix Moor, definitely not Whispa
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Somebody in a senior management position. As you can imagine, with something like a takeover the whole accounts team are involved in pulling reports etc.
Majority of the staff are aware of it and it’s being received quite positively, it’s seen as the club progressing.
The one thing that is bothering me is if what I’m being told is true, why is SD kicking off when he knows the situation unless he is setting his stall out for the new owners
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Wilfred Zaha rates him!Jakubs Tash wrote: ↑Mon Jun 29, 2020 2:43 pmI wish I was as confident as you that all has been resolved because a 35 year old full back has re-signed for a further 12 months.
Re: Investor
Exactly the question that I raised above and I can’t answer itsnapcrackleandpop wrote: ↑Thu Jul 02, 2020 9:10 pmI have no reason to disbelieve you/this but why would Dyche be so critical of the board if he thought new owners were coming in.
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There is an interview with our new CEO stating that they intended to be chasing investment from the East / Asia, I wonder how many other football clubs will be doing the same? US investors would be better as long as they are financially secure due to US sport have a long tradition with the franchise model.
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Re: Investor
MRG wrote: ↑Thu Jul 02, 2020 9:06 pmSomebody in a senior management position. As you can imagine, with something like a takeover the whole accounts team are involved in pulling reports etc.
Majority of the staff are aware of it and it’s being received quite positively, it’s seen as the club progressing.
The one thing that is bothering me is if what I’m being told is true, why is SD kicking off when he knows the situation unless he is setting his stall out for the new owners
Sounds promising. Maybe they have come in with a serious offer and the board initially rejected so dyche is using his influence to force the deal through? Could be exciting times ahead.
Re: Investor
Let's hope so. If not, we know where we will be in 10 years.claretandy wrote: ↑Thu Jul 02, 2020 7:08 pmIf you take what Nixon is saying, plus this article, then the board are actively seeking outside investment.
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Re: Investor
If it's not from the USA then it more likely to end in tears for us all.
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It’s not from the USAsummitclaret wrote: ↑Thu Jul 02, 2020 9:24 pmIf it's not from the USA then it more likely to end in tears for us all.