ALK Capital...

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
Post Reply
conyoviejo
Posts: 4452
Joined: Thu Jan 21, 2016 12:38 pm
Been Liked: 1807 times
Has Liked: 1137 times
Location: On the high seas chasing Pirates

Re: ALK Capital...

Post by conyoviejo » Thu Sep 24, 2020 12:16 pm

Gordaleman wrote:
Thu Sep 24, 2020 10:25 am
"Boss Hogg refers to the Cricket Field needing maintenance, it needs more than that and I am lead to believe that Burnley CC have been approached as the work required would potentially mean them losing ground space for a lengthy period."

Burnley have wanted to buy the cricket ground for years, so as to develop the football ground and maybe build hotel and conference facilities there. If this American company can make them a big offer, an offer they can't refuse, it might happen quicker than people think.
Burnley CC could groundshare with Lowerhouse CC .

Stockbrokerbelt
Posts: 266
Joined: Thu Jan 21, 2016 10:43 am
Been Liked: 100 times
Has Liked: 35 times

Re: ALK Capital...

Post by Stockbrokerbelt » Thu Sep 24, 2020 12:18 pm

We are all guessing but I’d plump for US investors before investment from the Far East, there are several reports around the dodgy money brigade from the Far East one of which was done by the guy who’s name has slipped my mind from Liverpool university & one from Deloitte which are damming & very worrying. As for US investors who someone has already pointed out work with franchise systems & know how to make clubs more valuable is a plus as long as they understand the market they have bought in. If you look at the clubs the guy Checketts owns or owned have increased in value & seemed to have been run well with investment in leagues & sport that have seen massive rises in investment. With Checketts, ties with Real Madrid & individual investors it would be hoped that they would have enough knowledge about the premier league, BFC & Football to be a great combination with their obvious knowledge of the finance world. Lets hope in a positive manner that we can start moving forward in the premier league world that only new large investment can bring.

Chester Perry
Posts: 11513
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 1588 times
Has Liked: 433 times

Re: ALK Capital...

Post by Chester Perry » Thu Sep 24, 2020 12:20 pm

FactualFrank wrote:
Thu Sep 24, 2020 12:08 pm
So from a fan's POV, there may be little difference on the outside?
not necessarily - there are plenty of areas to work on for increased revenues, but that requires financing to bring them into play - and that could include:
- redeveloping parts of Turf Moor - particularly the corporate side of things (which brings significant matchday uplift)
- a retail rethink including the oft complained about online store. The club has a long way to progress digitally, though this should be part of an everyday onmi-channel user experience not an add on
- Sponsorship strategy has been ok and we know it has been worked on over the summer but there is still a wide range of opportunities out there for a creative and connected organisation.

the thing I am interested in at the moment is will communications change - and I am talking at all levels. Those from the board/Business side have been complained about for a long time now, but I believe that our social media could be a lot more innovative and help grow the brand.

Chester Perry
Posts: 11513
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 1588 times
Has Liked: 433 times

Re: ALK Capital...

Post by Chester Perry » Thu Sep 24, 2020 12:21 pm

conyoviejo wrote:
Thu Sep 24, 2020 12:16 pm
Burnley CC could groundshare with Lowerhouse CC .
That would be interesting

joey13
Posts: 4994
Joined: Thu Jan 21, 2016 12:39 pm
Been Liked: 1151 times
Has Liked: 920 times

Re: ALK Capital...

Post by joey13 » Thu Sep 24, 2020 12:22 pm

claretonthecoast1882 wrote:
Thu Sep 24, 2020 8:30 am
How much has been yearly in bonuses to the board ?
Promotion bonus

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 12:23 pm

conyoviejo wrote:
Thu Sep 24, 2020 12:16 pm
Burnley CC could groundshare with Lowerhouse CC .
They could, but would they want to? We can't dictate what they should do, but if an offer for the existing ground was lucrative enough, I'm sure they would be prepared to consider it and look for another site.

I suppose it's a bit like us selling Tarky, Pope or McNeil. If the price is right, it will happen.

Bordeauxclaret
Posts: 6936
Joined: Mon Jan 25, 2016 10:36 pm
Been Liked: 2244 times
Has Liked: 1275 times

Re: ALK Capital...

Post by Bordeauxclaret » Thu Sep 24, 2020 12:24 pm

conyoviejo wrote:
Thu Sep 24, 2020 12:16 pm
Burnley CC could groundshare with Lowerhouse CC .
Just move Burnley into Lowerhouse while the work is done. There is only one real club anyway.

We can put a picture up somewhere detailing ‘houses’ 15 year history.
Last edited by Bordeauxclaret on Thu Sep 24, 2020 12:25 pm, edited 1 time in total.
This user liked this post: Local cricketer

BigF
Posts: 367
Joined: Thu Jan 14, 2016 11:04 am
Been Liked: 53 times
Has Liked: 1 time

Re: ALK Capital...

Post by BigF » Thu Sep 24, 2020 12:24 pm

My concern in general would be that if someone does invest and take over the club that they realise that relegation and promotion exist in English football. I don't think relegation features at all it American sports.
This user liked this post: FactualFrank

Myk
Posts: 88
Joined: Thu Jan 14, 2016 9:35 am
Been Liked: 11 times
Has Liked: 18 times
Location: Burnley
Contact:

Re: ALK Capital...

Post by Myk » Thu Sep 24, 2020 12:26 pm

Burnleyareback2 wrote:
Thu Sep 24, 2020 8:36 am
Also love how nobody had heard of the word Skynet this time yesterday, now it’s being quoted as the future!!
To be fair anyone who’s ever watched Terminator knows what Skynet is 😉
These 2 users liked this post: Burnleyareback2 KateR

aggi
Posts: 6168
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1459 times

Re: ALK Capital...

Post by aggi » Thu Sep 24, 2020 12:27 pm

Chester Perry wrote:
Thu Sep 24, 2020 12:05 pm
There is little chance that a sensible investor would sanction that level of spend - we would have to seriously ramp up our income to generate such funds - at current cost levels that would require an income of around £190m a year - only 6 clubs manage that currently. Then there is the fact that those spending levels would add significantly to the wage bill, and from a financial results perspective that would send amortisation soaring.
The comment you're referring to doesn't make it clear what they mean by "spend". Realistically though it wouldn't be a surprise to see a significantly increased transfer spend with the hope that, although it may be debt financed to start with, it would become self-financing, i.e. the later players are paid for by selling the earlier players at a profit and so on.

As you rightly point out though, the issue comes in balancing the increased transfer spend with increased wages. Increasing your player assets, so long as it's done sensibly (limits on old players, decent length contracts, etc) probably isn't going to be too damaging to a club. However, as I'm sure you're aware, bumping up your wage bill is where it becomes dangerous. You're tied in and it generally only goes up and up.

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 12:28 pm

BigF wrote:
Thu Sep 24, 2020 12:24 pm
My concern in general would be that if someone does invest and take over the club that they realise that relegation and promotion exist in English football. I don't think relegation features at all it American sports.
If they were that stupid as to not know, then we really would be in trouble. Of course they know.

martin_p
Posts: 7594
Joined: Mon Jan 25, 2016 3:40 pm
Been Liked: 2470 times
Has Liked: 520 times

Re: ALK Capital...

Post by martin_p » Thu Sep 24, 2020 12:29 pm

Gordaleman wrote:
Thu Sep 24, 2020 12:28 pm
If they were that stupid as to not know, then we really would be in trouble. Of course they know.
You’d have to have the brain of a chicken not to know about relegation!
These 4 users liked this post: ClaretMov FactualFrank tiger76 Fretters

ClaretMov
Posts: 577
Joined: Tue Aug 20, 2019 3:13 pm
Been Liked: 208 times
Has Liked: 222 times

Re: ALK Capital...

Post by ClaretMov » Thu Sep 24, 2020 12:31 pm

mikeS wrote:
Thu Sep 24, 2020 8:56 am
I’d ask the AKL people what they can bring to BUrnley what we don’t already have. And second, what are their ambitions and expectations for the club.

Ring them and ask them :lol:

ALK Investers (London office)
Level 1, One Mayfair Place,
Devonshire House,
Mayfair W1J 8AJ,
United Kingdom
020 7268 4859

Steddyman
Posts: 1549
Joined: Thu Jan 21, 2016 3:45 pm
Been Liked: 327 times
Has Liked: 260 times

Re: ALK Capital...

Post by Steddyman » Thu Sep 24, 2020 12:31 pm

Local cricketer wrote:
Thu Sep 24, 2020 12:03 pm
Earlier on Talksport with Jim White
You can watch the video interview here about it. He says £150 million.

https://twitter.com/talkSPORT/status/13 ... 07745?s=20
This user liked this post: FactualFrank

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 12:33 pm

martin_p wrote:
Thu Sep 24, 2020 12:29 pm
You’d have to have the brain of a chicken not to know about relegation!
Precisely!

NewClaret
Posts: 2238
Joined: Tue Dec 31, 2019 9:51 am
Been Liked: 401 times
Has Liked: 369 times

Re: ALK Capital...

Post by NewClaret » Thu Sep 24, 2020 12:35 pm

martin_p wrote:
Thu Sep 24, 2020 12:29 pm
You’d have to have the brain of a chicken not to know about relegation!
This is the Yanks we are talking about mate... they voted Trump in to office...

claptrappers_union
Posts: 2682
Joined: Tue Jan 12, 2016 10:40 pm
Been Liked: 772 times
Has Liked: 126 times
Location: The Banana Stand

Re: ALK Capital...

Post by claptrappers_union » Thu Sep 24, 2020 12:37 pm

BigF wrote:
Thu Sep 24, 2020 12:24 pm
My concern in general would be that if someone does invest and take over the club that they realise that relegation and promotion exist in English football. I don't think relegation features at all it American sports.
I've watched a few American YouTubers reacting to videos explaining the basics of the football league pyramid structure - when it comes to describing relegation - its a bizarre concept to them - then they are won round with the promotion. They also think it's boring that there's no playoff for the title either. The FA Cup blows their mind while the Champions League is the most amazing, most brilliant thing ever.

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 12:38 pm

NewClaret wrote:
Thu Sep 24, 2020 12:35 pm
This is the Yanks we are talking about mate... they voted Trump in to office...
No, they didn't. The Electoral college did. More people voted Democrat than Republican.

The Enclosure
Posts: 2654
Joined: Thu Jan 21, 2016 7:29 am
Been Liked: 736 times
Has Liked: 2495 times
Location: Burnley

Re: ALK Capital...

Post by The Enclosure » Thu Sep 24, 2020 12:44 pm

What we need to do is double the attendance to 40,000.So the investors need to look at ways how this can be achieved for a start.,not easy if not impossible...
To be quite honest I cant see what an investor would find attractive in buying Burnley FC as profit making concern unless we increase our fan base.

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 12:50 pm

The Enclosure wrote:
Thu Sep 24, 2020 12:44 pm
What we need to do is double the attendance to 40,000.So the investors need to look at ways how this can be achieved for a start.,not easy if not impossible...
To be quite honest I cant see what an investor would find attractive in buying Burnley FC as profit making concern unless we increase our fan base.
C'mon, it's not fans that make money these days, it's TV rights.

Anyway, how are you going to persuade an extra 20,000 fans to attend?
This user liked this post: The Enclosure

BigF
Posts: 367
Joined: Thu Jan 14, 2016 11:04 am
Been Liked: 53 times
Has Liked: 1 time

Re: ALK Capital...

Post by BigF » Thu Sep 24, 2020 12:51 pm

Gordaleman wrote:
Thu Sep 24, 2020 12:28 pm
If they were that stupid as to not know, then we really would be in trouble. Of course they know.
I agree that I hope they would but I did hear the "rumours" that Venkys didn't seem to realise this. The rumour, like all of them, could be wrong of course.

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 12:52 pm

BigF wrote:
Thu Sep 24, 2020 12:51 pm
I agree that I hope they would but I did hear the "rumours" that Venkys didn't seem to realise this. The rumour, like all of them, could be wrong of course.
Then stop listening to rumours and wait for facts. ;)

Chester Perry
Posts: 11513
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 1588 times
Has Liked: 433 times

Re: ALK Capital...

Post by Chester Perry » Thu Sep 24, 2020 12:55 pm

The Enclosure wrote:
Thu Sep 24, 2020 12:44 pm
What we need to do is double the attendance to 40,000.So the investors need to look at ways how this can be achieved for a start.,not easy if not impossible...
To be quite honest I cant see what an investor would find attractive in buying Burnley FC as profit making concern unless we increase our fan base.
Italian and Spanish football has quite clearly proven that if capacity is greater than average demand then matchday income will fall - it is why Juventus built their own stadium with a a capacity reduction of over 20k and saw it's matchday receipts double - the only matchday demand Burnley FC has that is cannot it cannot satisfy on a regular basis is in the corporate seating - most punters would do well to remember that it is corporate seating which has helped to keep down the prices of normal tickets

Dark Cloud
Posts: 3818
Joined: Sun Jan 24, 2016 9:03 am
Been Liked: 1056 times
Has Liked: 1295 times

Re: ALK Capital...

Post by Dark Cloud » Thu Sep 24, 2020 1:03 pm

Gordaleman wrote:
Thu Sep 24, 2020 10:25 am
"Boss Hogg refers to the Cricket Field needing maintenance, it needs more than that and I am lead to believe that Burnley CC have been approached as the work required would potentially mean them losing ground space for a lengthy period."

Burnley have wanted to buy the cricket ground for years, so as to develop the football ground and maybe build hotel and conference facilities there. If this American company can make them a big offer, an offer they can't refuse, it might happen quicker than people think.
Yes BFC did try to buy out the CC for a hefty wack a number of years ago and the then waste ground over at Fulledge was proposed as a new cricket ground with BFC footing the development bills. But I BELIEVE local residents over there objected and it never went anywhere. Ultimately the CC will not even think about selling up at any price imo unless they are found somewhere more than acceptable, and very close to Turf Moor, to move into.

The Enclosure
Posts: 2654
Joined: Thu Jan 21, 2016 7:29 am
Been Liked: 736 times
Has Liked: 2495 times
Location: Burnley

Re: ALK Capital...

Post by The Enclosure » Thu Sep 24, 2020 1:08 pm

Gordaleman wrote:
Thu Sep 24, 2020 12:50 pm
C'mon, it's not fans that make money these days, it's TV rights.

Anyway, how are you going to persuade an extra 20,000 fans to attend?
I know you are correct Gordaleman, so for the life in me i cant see what the attraction would be to an investor who wanted to make a profit on his investment in Burnley FC.

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 1:09 pm

Dark Cloud wrote:
Thu Sep 24, 2020 1:03 pm
Yes BFC did try to buy out the CC for a hefty wack a number of years ago and the then waste ground over at Fulledge was proposed as a new cricket ground with BFC footing the development bills. But I BELIEVE local residents over there objected and it never went anywhere. Ultimately the CC will not even think about selling up at any price imo unless they are found somewhere more than acceptable, and very close to Turf Moor, to move into.
Which is what I said earlier. We can't evict them and it's entirely their choice on whether or not to sell. People suggesting we can just move them to Lowerhouse while work on the Cricket field stand takes place, just don't seem to understand this.

Anyway, BFC wanted to buy the whole cricket club area, not just move them temporarily and that's why I mentioned 'An offer they can't refuse'.

Whoever takes BFC over may have totally different ideas though, such as a new football ground somewhere else. Who knows?

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 1:11 pm

The Enclosure wrote:
Thu Sep 24, 2020 1:08 pm
I know you are correct Gordaleman, so for the life in me i cant see what the attraction would be to an investor who wanted to make a profit on his investment in Burnley FC.
Simple. TV rights and the chance to invest in the area. Takeovers these days are not just about football. They are about influence.

ChorltonCharlie
Posts: 673
Joined: Thu Jan 21, 2016 11:57 am
Been Liked: 290 times
Has Liked: 71 times

Re: ALK Capital...

Post by ChorltonCharlie » Thu Sep 24, 2020 1:14 pm

A few points.

A takeover is exciting, but is something that’s wide open to risk. People are right to be wary. Most takeovers are not along the lines of Abramovic/Sheikh Mansour and the promise of an open cheque-book. Many new owners fail with their grand ambitions.

A takeover by this kind of investment group who are big on analytics is about the best we can hope for. There’s no guarantees they will get it right, so the most important thing is that their heart is in the right place and they’ll stick around. The one thing we need from a group like this is the security that there’s money to cover a disastrous relegation. This is the conundrum Garlick faces every transfer window, spend your profits on players and one bad season leaves Burnley facing lower league football for the foreseeable future. If your owners have the money to cover potential losses the club can look to a more break-even financial position rather than seeking profits.

If these guys are the moneyball analytics types, then it may be the beginning of the end of Dyche at Burnley. Dyche seems to have a fairly limited view on which players suit his team and it may well be that he doesn’t fit with a new model. I doubt ALK are going to allow us to spend much more on individual players, more that they’ll have a more risk based approach to buying in younger (possibly foreign) players. I’d expect hidden gems rather than established players. Will Dyche want to stick around if his hands are tied in a different way and he finds signings are forced upon him?

Dark Cloud
Posts: 3818
Joined: Sun Jan 24, 2016 9:03 am
Been Liked: 1056 times
Has Liked: 1295 times

Re: ALK Capital...

Post by Dark Cloud » Thu Sep 24, 2020 1:15 pm

Anyone who proposed moving us from The Turf would be making their first, probably biggest and possibly terminal mistake. An out of town, concrete bowl just off the motorway seating 30,000, but with 19,000 seats filled, with nobody drinking in local pubs or using the town centre facilities would be totally alien to what we are all about and a recipe for disaster.
These 3 users liked this post: summitclaret The Enclosure tiger76

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 1:19 pm

ChorltonCharlie wrote:
Thu Sep 24, 2020 1:14 pm
A few points.

A takeover is exciting, but is something that’s wide open to risk. People are right to be wary. Most takeovers are not along the lines of Abramovic/Sheikh Mansour and the promise of an open cheque-book. Many new owners fail with their grand ambitions.

A takeover by this kind of investment group who are big on analytics is about the best we can hope for. There’s no guarantees they will get it right, so the most important thing is that their heart is in the right place and they’ll stick around. The one thing we need from a group like this is the security that there’s money to cover a disastrous relegation. This is the conundrum Garlick faces every transfer window, spend your profits on players and one bad season leaves Burnley facing lower league football for the foreseeable future. If your owners have the money to cover potential losses the club can look to a more break-even financial position rather than seeking profits.

If these guys are the moneyball analytics types, then it may be the beginning of the end of Dyche at Burnley. Dyche seems to have a fairly limited view on which players suit his team and it may well be that he doesn’t fit with a new model. I doubt ALK are going to allow us to spend much more on individual players, more that they’ll have a more risk based approach to buying in younger (possibly foreign) players. I’d expect hidden gems rather than established players. Will Dyche want to stick around if his hands are tied in a different way and he finds signings are forced upon him?
Everyone will have concerns of some sort, but until a takeover actually happens, we won't know what might occur. All we can do is sit on our hands and hope that Mike Garlick has found investors with the club at heart.

Of course, that might appear to be the case at the moment, but once the new owners are in place, they can do whatever they want.

MACCA
Posts: 12942
Joined: Thu Jan 21, 2016 7:10 am
Been Liked: 3382 times

Re: ALK Capital...

Post by MACCA » Thu Sep 24, 2020 1:20 pm

conyoviejo wrote:
Thu Sep 24, 2020 12:16 pm
Burnley CC could groundshare with Lowerhouse CC .
They could ground share with Belvedere, it would certainly help increase the attendances, theres a couple dozen or so up there every saturday watching the various sports on offer.
This user liked this post: Somethingfishy

summitclaret
Posts: 2892
Joined: Thu Jan 21, 2016 12:39 pm
Been Liked: 541 times
Has Liked: 909 times
Location: burnley

Re: ALK Capital...

Post by summitclaret » Thu Sep 24, 2020 1:25 pm

Gordaleman wrote:
Thu Sep 24, 2020 11:51 am
The price doesn't really matter to us as fans. (It will to the board of course.) It's what they are prepared to spend, once they buy the club.
Agreed, so unless a fan has shares, it's best for fans that the investors pay as little as possible for the Club, so they have more to reinvest in the team etc., isn't it?

There's the rub. Can they be trusted to make that reinvestment rather than asset strip?

Edit. Also, the lower the asking price now, presumably the less a fans' consortium would have to find if we are in trouble.
Last edited by summitclaret on Thu Sep 24, 2020 1:30 pm, edited 2 times in total.

KateR
Posts: 2975
Joined: Mon Feb 27, 2017 1:46 pm
Been Liked: 575 times
Has Liked: 3792 times

Re: ALK Capital...

Post by KateR » Thu Sep 24, 2020 1:27 pm

Chester Perry wrote:
Thu Sep 24, 2020 12:20 pm
not necessarily - there are plenty of areas to work on for increased revenues, but that requires financing to bring them into play - and that could include:
- redeveloping parts of Turf Moor - particularly the corporate side of things (which brings significant matchday uplift)
- a retail rethink including the oft complained about online store. The club has a long way to progress digitally, though this should be part of an everyday onmi-channel user experience not an add on
- Sponsorship strategy has been ok and we know it has been worked on over the summer but there is still a wide range of opportunities out there for a creative and connected organisation.

the thing I am interested in at the moment is will communications change - and I am talking at all levels. Those from the board/Business side have been complained about for a long time now, but I believe that our social media could be a lot more innovative and help grow the brand.
If it should happen, expect the re-naming of Turn Moor to be one the first things, Walmart Field anyone?

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 1:32 pm

MACCA wrote:
Thu Sep 24, 2020 1:20 pm
They could ground share with Belvedere, it would certainly help increase the attendances, theres a couple dozen or so up there every saturday watching the various sports on offer.
Why would they want to? They seem perfectly happy where they are. It's their land and until they decide they want to sell, there's nothing BFC can do about it.

Too many people on here thinking it's just as simple as asking them to groundshare somewhere else. Why should they, just because BFC might like them to?
Last edited by Gordaleman on Thu Sep 24, 2020 1:33 pm, edited 1 time in total.

summitclaret
Posts: 2892
Joined: Thu Jan 21, 2016 12:39 pm
Been Liked: 541 times
Has Liked: 909 times
Location: burnley

Re: ALK Capital...

Post by summitclaret » Thu Sep 24, 2020 1:32 pm

KateR wrote:
Thu Sep 24, 2020 1:27 pm
If it should happen, expect the re-naming of Turn Moor to be one the first things, Walmart Field anyone?
Hope they are not thinking of moving the ground to a hillside in Edenfield. 😄
This user liked this post: KateR

AlargeClaret
Posts: 2140
Joined: Sat Aug 05, 2017 8:55 pm
Been Liked: 666 times
Has Liked: 64 times

Re: ALK Capital...

Post by AlargeClaret » Thu Sep 24, 2020 1:36 pm

Dark Cloud wrote:
Thu Sep 24, 2020 1:15 pm
Anyone who proposed moving us from The Turf would be making their first, probably biggest and possibly terminal mistake. An out of town, concrete bowl just off the motorway seating 30,000, but with 19,000 seats filled, with nobody drinking in local pubs or using the town centre facilities would be totally alien to what we are all about and a recipe for disaster.
While you’re pretty much right ,there’s few clubs who haven’t been taken over and havent had the dreaded “ new build “ stadium . Then again Turf Moor ain’t prime real estate and we could surely easily get extra 10k seats via CFS and Demolising the BL

summitclaret
Posts: 2892
Joined: Thu Jan 21, 2016 12:39 pm
Been Liked: 541 times
Has Liked: 909 times
Location: burnley

Re: ALK Capital...

Post by summitclaret » Thu Sep 24, 2020 1:41 pm

Much as I would hate to lose that wonderful view of the moors from the JHU, and for it to not be on the tv to remind the world of our beautiful location, a second tier on the BLS makes sense. It's the right place for extra corporates.

Take the roof off the CFS and the away fans can have it all.😁

CrosspoolClarets
Posts: 2704
Joined: Thu Jan 21, 2016 9:00 pm
Been Liked: 906 times
Has Liked: 238 times

Re: ALK Capital...

Post by CrosspoolClarets » Thu Sep 24, 2020 2:04 pm

The irony is, if we had agreed the ground redevelopment that many of us wanted as a legacy of this stay in the PL, 2020 and early 2021 would have been the perfect time to do it. Anything happens in the future, it is going to cause disruption at a time we all want to get back to normal.

Hindsight being a wonderful thing of course.

MACCA
Posts: 12942
Joined: Thu Jan 21, 2016 7:10 am
Been Liked: 3382 times

Re: ALK Capital...

Post by MACCA » Thu Sep 24, 2020 2:13 pm

Gordaleman wrote:
Thu Sep 24, 2020 1:32 pm
Why would they want to? They seem perfectly happy where they are. It's their land and until they decide they want to sell, there's nothing BFC can do about it.

Too many people on here thinking it's just as simple as asking them to groundshare somewhere else. Why should they, just because BFC might like them to?
Because 99% of people on this board support Burnley and want the best for Burnley, so if the cricket club relocating helps that then I'm all for it.

Why anyone who would feel differently is more concerning.

Burnley football club comes a considerable distance infront of the cricket club regards my priority, and I'd hope 99% of the towns too.

joey13
Posts: 4994
Joined: Thu Jan 21, 2016 12:39 pm
Been Liked: 1151 times
Has Liked: 920 times

Re: ALK Capital...

Post by joey13 » Thu Sep 24, 2020 2:16 pm

summitclaret wrote:
Thu Sep 24, 2020 1:32 pm
Hope they are not thinking of moving the ground to a hillside in Edenfield. 😄
Isn’t it going to be on the old Padiham Power Station site ?

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 2:16 pm

MACCA wrote:
Thu Sep 24, 2020 2:13 pm
Because 99% of people on this board support Burnley and want the best for Burnley, so if the cricket club relocating helps that then I'm all for it.

Why anyone who would feel differently is more concerning.

Burnley football club comes a considerable distance infront of the cricket club regards my priority, and I'd hope 99% of the towns too.
You've completely missed my point. It's not up to your 99% or BFC what the cricket club does, it's up to them. They seem perfectly happy where they are and no matter how much you, I or BFC might like them to move, they don't have to if they don't want to.

MACCA
Posts: 12942
Joined: Thu Jan 21, 2016 7:10 am
Been Liked: 3382 times

Re: ALK Capital...

Post by MACCA » Thu Sep 24, 2020 2:22 pm

Gordaleman wrote:
Thu Sep 24, 2020 2:16 pm
You've completely missed my point. It's not up to your 99% or BFC what the cricket club does, it's up to them. They seem perfectly happy where they are and no matter how much you, I or BFC might like them to move, they don't have to if they don't want to.
You're right, they don't, no one HAS to do anything in life, that's stating the absolute obvious, however it remains the fact that it'd be in Burnleys best interest if they could acquire the land, it would open up a whole new set of opportunities and revenue for the club.

Vegas Claret
Posts: 17269
Joined: Fri Jan 22, 2016 4:00 am
Been Liked: 5576 times
Has Liked: 2691 times
Location: clue is in the title

Re: ALK Capital...

Post by Vegas Claret » Thu Sep 24, 2020 2:27 pm

fatboy47 wrote:
Thu Sep 24, 2020 8:37 am
If I looked dispassionately at what was on offer to Blackburn Rovers at the time of the Venky approach, and this nebulous package of maybes and ifs, I'd plump for the Venky package all day long.

And that's worked out well hasn't it.

Our house is built on solid rock atm.... Why shift it into the swamp to become another plaything?
I've said this earlier in the thread. Venky's bought Rovers, put Shebby Singh in charge and got rid of the knowledge base that existed - they literally knew nothing about football. It's the opposite in terms of experience with the people rumored to be interested in us. Not saying they will be good or bad, just that nobody in their right mind can use Venkys as a yard stick for football takeovers.

It would be like Dyche suddenly buying a chicken farm !

Gordaleman
Posts: 2729
Joined: Sun Feb 16, 2020 3:04 pm
Been Liked: 535 times
Has Liked: 434 times

Re: ALK Capital...

Post by Gordaleman » Thu Sep 24, 2020 2:29 pm

MACCA wrote:
Thu Sep 24, 2020 2:22 pm
You're right, they don't, no one HAS to do anything in life, that's stating the absolute obvious, however it remains the fact that it'd be in Burnleys best interest if they could acquire the land, it would open up a whole new set of opportunities and revenue for the club.
We all know that. When Burnley last tried to buy the cricket club land it was with the idea of building hotel, conferencing and corporate box facilities. It fell through because the people in the Lower Townely area objected to the cricket club moving there.

As I said earlier, if whoever takes Burnley over still wants to do that sort of thing, then if the cheque is persuasive enough, it will happen. It's the same as us selling Tarky, Pope or McNeil. Money talks.

I guess we'll have to wait and see what these 'Investors' want first though.

Vegas Claret
Posts: 17269
Joined: Fri Jan 22, 2016 4:00 am
Been Liked: 5576 times
Has Liked: 2691 times
Location: clue is in the title

Re: ALK Capital...

Post by Vegas Claret » Thu Sep 24, 2020 2:29 pm

mikeS wrote:
Thu Sep 24, 2020 8:56 am
I’d ask the AKL people what they can bring to BUrnley what we don’t already have. And second, what are their ambitions and expectations for the club.
i can almost guarantee that that was the first question that was asked

kendaldave
Posts: 71
Joined: Thu Jan 21, 2016 6:40 pm
Been Liked: 42 times
Has Liked: 1 time

Re: ALK Capital...

Post by kendaldave » Thu Sep 24, 2020 2:36 pm

Vegas Claret wrote:
Thu Sep 24, 2020 2:29 pm
i can almost guarantee that that was the first question that was asked
Can you almost guarantee they told the truth?😲

Vegas Claret
Posts: 17269
Joined: Fri Jan 22, 2016 4:00 am
Been Liked: 5576 times
Has Liked: 2691 times
Location: clue is in the title

Re: ALK Capital...

Post by Vegas Claret » Thu Sep 24, 2020 2:38 pm

Local cricketer wrote:
Thu Sep 24, 2020 11:41 am
Simon Jordan seems to think they will be very good so I will take his view over the views of the negative bunch on here
that's great to read, Jordan is absolutely superb and knows his onions

TsarBomba
Posts: 484
Joined: Mon Jul 18, 2016 4:51 pm
Been Liked: 378 times
Has Liked: 86 times

Re: ALK Capital...

Post by TsarBomba » Thu Sep 24, 2020 2:39 pm

MACCA makes a fair point.

If there is going to be investment in the area, then the infrastructure to support that will need a huge uplift. There’s a ridiculous shortage of hotels/beds in and around Burnley. This has been well discussed on here before.

Redeveloping the CFS, and bolting on say a 120 bed hotel, with restaurants, bars etc is potentially the way forward. This would also entice new fans who want a modern match day experience, and also be somewhere for businessman Monday-Friday for work.

There’ll be some grumpy old timers who think a pie and pint is perfectly acceptable, but if we’re serious about increasing all revenue streams then we need to get with the times. You only have to look at Spurs’ new ground, it’s unbelievable.
These 2 users liked this post: Burnley Ace Burnley Ace

Vegas Claret
Posts: 17269
Joined: Fri Jan 22, 2016 4:00 am
Been Liked: 5576 times
Has Liked: 2691 times
Location: clue is in the title

Re: ALK Capital...

Post by Vegas Claret » Thu Sep 24, 2020 2:39 pm

kendaldave wrote:
Thu Sep 24, 2020 2:36 pm
Can you almost guarantee they told the truth?😲
I can guarantee that proof of funds, business plans will have all been presented. I can't guarantee anything else though, it's 2020 after all !

Vegas Claret
Posts: 17269
Joined: Fri Jan 22, 2016 4:00 am
Been Liked: 5576 times
Has Liked: 2691 times
Location: clue is in the title

Re: ALK Capital...

Post by Vegas Claret » Thu Sep 24, 2020 2:43 pm

TsarBomba wrote:
Thu Sep 24, 2020 2:39 pm
MACCA makes a fair point.

If there is going to be investment in the area, then the infrastructure to support that will need a huge uplift. There’s a ridiculous shortage of hotels/beds in and around Burnley. This has been well discussed on here before.

Redeveloping the CFS, and bolting on say a 120 bed hotel, with restaurants, bars etc is potentially the way forward. This would also entice new fans who want a modern match day experience, and also be somewhere for businessman Monday-Friday for work.

There’ll be some grumpy old timers who think a pie and pint is perfectly acceptable, but if we’re serious about increasing all revenue streams then we need to get with the times. You only have to look at Spurs’ new ground, it’s unbelievable.
whilst it's not a huge revenue stream (every penny counts to us) I'd love to know the reasons why a PL club only released their away strip the day before the season started - it's this kind of shambolic stuff that I hope whoever comes in fixes. That's not to say our current board are crap, the training ground looks amazing........I'm pointing the finger at the marketing and business development departments specifically

Post Reply