ALK Capital or Farnell/Elkashashy takeover

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FactualFrank
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Re: ALK Capital...

Post by FactualFrank » Wed Oct 21, 2020 7:33 pm

MACCA wrote:
Wed Oct 21, 2020 7:16 pm
The youngest of the 1st team physios is from round here I believe.

The one who walks around like a ghost buster with the physio back pack thing on.

His name escapes me now.
Colin?

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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 7:39 pm

jtv wrote:
Wed Oct 21, 2020 7:12 pm
A stab in the dark - your son is a physio and he was treating Tarky's toe?
My son is assistant first team physio , I never ask him about the players’ injuries not that he would tell me as such information is private and subject to medical confidentiality like anyone else’s medical history. All I can say is I know that on a couple of occasions when certain players were reputed to be elsewhere they were at OUR training ground doing whatever they do .The internet is a wonderful thing sometimes but you’ve got to take a lot of football gossip with a large pinch of salt
Last edited by rdp2eps on Wed Oct 21, 2020 7:43 pm, edited 1 time in total.
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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 7:41 pm

MACCA wrote:
Wed Oct 21, 2020 7:16 pm
The youngest of the 1st team physios is from round here I believe.

The one who walks around like a ghost buster with the physio back pack thing on.

His name escapes me now.
😂 he does and I think he had his first season ticket as far back as 1995 ... we are all lifelong season ticket holders and very local

bodge
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Re: ALK Capital...

Post by bodge » Wed Oct 21, 2020 7:41 pm

Good to get some reliable information, thanks rdp2eps.

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Re: ALK Capital...

Post by Quickenthetempo » Wed Oct 21, 2020 7:42 pm

fidelcastro wrote:
Wed Oct 21, 2020 7:13 pm
Which good source on here was this?
BfcCrazy on the Tark Transfer thread.

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Re: ALK Capital...

Post by fidelcastro » Wed Oct 21, 2020 7:45 pm

Quickenthetempo wrote:
Wed Oct 21, 2020 7:42 pm
BfcCrazy on the Tark Transfer thread.
How accurate did that turn out to be?

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Re: ALK Capital...

Post by jtv » Wed Oct 21, 2020 7:45 pm

rdp2eps wrote:
Wed Oct 21, 2020 7:39 pm
My son is assistant first team physio , I never ask him about the players’ injuries not that he would tell me as such information is private and subject to medical confidentiality like anyone else’s medical history. All I can say is I know that on a couple of occasions when certain players were reputed to be elsewhere they were at OUR training ground doing whatever they do .The internet is a wonderful thing sometimes but you’ve got to take a lot of football gossip with a large pinch of salt
Thanks for the info. I wasn't fishing for players' medical info but its good to know that the Tarky at Leicester was a myth.

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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 7:45 pm

FactualFrank wrote:
Wed Oct 21, 2020 7:33 pm
Colin?
Phil .. and he bleeds Claret and Blue like the rest of us

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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 7:48 pm

jtv wrote:
Wed Oct 21, 2020 7:45 pm
Thanks for the info. I wasn't fishing for players' medical info but its good to know that the Tarky at Leicester was a myth.
Well to be fair they don’t watch them 24 hours a day but I find it extremely unlikely ... The Leicester press don’t miss much either , if one of our players had gone down there I’d be amazed if it hadn’t got out from the other end ? Plus as I say almost any kind of business is conducted well away from the clubs themselves and training grounds these days until the deal has actually been signed.

No Its okay I didn’t assume you were fishing .. my lad is at training every day so he will see any given player just going about his normal routine rather than in the treatment room

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Re: ALK Capital...

Post by Danieljwaterhouse » Wed Oct 21, 2020 8:12 pm

rdp2eps wrote:
Wed Oct 21, 2020 7:48 pm
Well to be fair they don’t watch them 24 hours a day but I find it extremely unlikely ... The Leicester press don’t miss much either , if one of our players had gone down there I’d be amazed if it hadn’t got out from the other end ? Plus as I say almost any kind of business is conducted well away from the clubs themselves and training grounds these days until the deal has actually been signed.

No Its okay I didn’t assume you were fishing .. my lad is at training every day so he will see any given player just going about his normal routine rather than in the treatment room
Did your lad follow him to Rome? 😂

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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 8:18 pm

Danieljwaterhouse wrote:
Wed Oct 21, 2020 8:12 pm
Did your lad follow him to Rome? 😂
Now that was a comical thread alright 😂 ... I do believe the photos dated back to an international break before lockdown 😉
Last edited by rdp2eps on Wed Oct 21, 2020 8:23 pm, edited 1 time in total.

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Re: ALK Capital...

Post by FactualFrank » Wed Oct 21, 2020 8:22 pm

rdp2eps wrote:
Wed Oct 21, 2020 8:18 pm
Now that was a comical thread alright 😂 ... I do believe the photos dated back to an international break before lockdown 😉
On that very thread, Columbo showed photos from I think back in April, when they were both wearing the same clothes. So it kinda dismissed any rumours.
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Re: ALK Capital...

Post by Quickenthetempo » Wed Oct 21, 2020 8:24 pm

fidelcastro wrote:
Wed Oct 21, 2020 7:45 pm
How accurate did that turn out to be?
Nothing came out of the club officially.

But all the signs were there.

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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 8:24 pm

FactualFrank wrote:
Wed Oct 21, 2020 8:22 pm
On that very thread, Columbo showed photos from I think back in April, when they were both wearing the same clothes. So it kinda dismissed any rumours.
Yeh that rings a bell I remember reading that

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Re: ALK Capital...

Post by fidelcastro » Wed Oct 21, 2020 8:28 pm

Quickenthetempo wrote:
Wed Oct 21, 2020 8:24 pm
Nothing came out of the club officially.

But all the signs were there.
Yeah... right!

:lol:

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Re: ALK Capital...

Post by MACCA » Wed Oct 21, 2020 9:47 pm

rdp2eps wrote:
Wed Oct 21, 2020 7:41 pm
😂 he does and I think he had his first season ticket as far back as 1995 ... we are all lifelong season ticket holders and very local
Then we are on about the same guy, good job I didnt say him with the dodgy indie style hair cut then isnt it ;)
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Re: ALK Capital...

Post by rdp2eps » Wed Oct 21, 2020 9:58 pm

MACCA wrote:
Wed Oct 21, 2020 9:47 pm
Then we are on about the same guy, good job I didnt say him with the dodgy indie style hair cut then isnt it ;)
I couldn’t possibly comment 😂 He usually has the backpack on when they first come out I think it is the defib machine ? Gone defib there as I’ve no idea how to spell that one 😉
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Re: ALK Capital...

Post by Steve-Harpers-perm » Thu Oct 22, 2020 9:27 pm

Another week goes by. It’s like waiting for us to sign a player!

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Re: ALK Capital...

Post by Hedontplayforyou » Thu Oct 22, 2020 9:44 pm

Any updates on the takeover?

Americans?
Egyptian based?

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Re: ALK Capital...

Post by mybloodisclaret » Thu Oct 22, 2020 10:36 pm

People won't post because they get called out when they do.

Either that or because there is no news.

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Re: ALK Capital...

Post by Hedontplayforyou » Thu Oct 22, 2020 10:41 pm

Shame on both accounts
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Re: ALK Capital...

Post by MACCA » Fri Oct 23, 2020 11:07 am

Hedontplayforyou wrote:
Thu Oct 22, 2020 10:41 pm
Shame on both accounts
Shame on both my accounts too, the Macca and FF accounts dont have Jekyll and Hyde type characters.

Wonder how many other posters have 2 accounts like us.

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Re: ALK Capital...

Post by Spike » Fri Oct 23, 2020 11:22 am

Call me out if I get this wrong but can you be called out for printing truths?

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Re: ALK Capital...

Post by Danieljwaterhouse » Fri Oct 23, 2020 11:25 am

Spike wrote:
Fri Oct 23, 2020 11:22 am
Call me out if I get this wrong but can you be called out for printing truths?
Anything is possible in an age of Tier three keyboard warriors
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Re: ALK Capital...

Post by ClaretTony » Fri Oct 23, 2020 4:10 pm

mybloodisclaret wrote:
Thu Oct 22, 2020 10:36 pm
People won't post because they get called out when they do.

Either that or because there is no news.
Problem is people posting nonsense such as the Tarky at Leicester. Then others actually believe it but others call it out because it is nonsense.

Then we have people who do know things who sensibly don’t go rushing to a message board to tell people.

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Re: ALK Capital...

Post by ewanrob » Fri Oct 23, 2020 4:24 pm

Tony, do you believe the takeover could be concluded by the Jan window, or are you not privy to that level of info. ?

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Re: ALK Capital...

Post by ClaretTony » Fri Oct 23, 2020 4:31 pm

ewanrob wrote:
Fri Oct 23, 2020 4:24 pm
Tony, do you believe the takeover could be concluded by the Jan window, or are you not privy to that level of info. ?
All I know is that it is not dead and that there is probably more chance of it happening than not. Also been told not to believe a lot of the stuff posted on here.

If it happens, I don’t know when at all.
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Re: ALK Capital...

Post by NewClaret » Fri Oct 23, 2020 7:01 pm

ClaretTony wrote:
Fri Oct 23, 2020 4:31 pm
All I know is that it is not dead and that there is probably more chance of it happening than not. Also been told not to believe a lot of the stuff posted on here.

If it happens, I don’t know when at all.
Tony, do you know if it’s ALK leading the race or the Middle Eastern alleged interest that’s “not dead”?

Personally very sceptical about the ALK scenario.

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Re: ALK Capital...

Post by ClaretTony » Fri Oct 23, 2020 8:09 pm

NewClaret wrote:
Fri Oct 23, 2020 7:01 pm
Tony, do you know if it’s ALK leading the race or the Middle Eastern alleged interest that’s “not dead”?

Personally very sceptical about the ALK scenario.
ALK were, according to some I speak to, the more likely but some of the things I’ve been told have left a positive impression. The proof will be in the pudding though should it happen.

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Re: ALK Capital...

Post by NewClaret » Fri Oct 23, 2020 9:04 pm

ClaretTony wrote:
Fri Oct 23, 2020 8:09 pm
ALK were, according to some I speak to, the more likely but some of the things I’ve been told have left a positive impression. The proof will be in the pudding though should it happen.
Thanks. Thing that worries me is whether ALK really have the financial clout to move us forward. I’d rather no change to ownership structure ordinarily, but since the incumbents seem no longer able/willing to invest in the team, I have to accept it - just want it to be someone filthy rich if we’re going down that path.

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Re: ALK Capital...

Post by ClaretTony » Fri Oct 23, 2020 9:06 pm

NewClaret wrote:
Fri Oct 23, 2020 9:04 pm
Thanks. Thing that worries me is whether ALK really have the financial clout to move us forward. I’d rather no change to ownership structure ordinarily, but since the incumbents seem no longer able/willing to invest in the team, I have to accept it - just want it to be someone filthy rich if we’re going down that path.
ALK won’t have any financial clout. They will be fronting for investors who will be funding it. No idea who they are.

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Re: ALK Capital...

Post by NewClaret » Fri Oct 23, 2020 9:36 pm

ClaretTony wrote:
Fri Oct 23, 2020 9:06 pm
ALK won’t have any financial clout. They will be fronting for investors who will be funding it. No idea who they are.
Notwithstanding your point about this thread not being an accurate source of information, it said nearer the beginning that it would be a “SPAC” of “moderately wealthy” individuals. So presumably just a larger group of what we’ve already got. Not sure that moves us forward?

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Re: ALK Capital...

Post by Chester Perry » Fri Oct 23, 2020 9:52 pm

Personally not convinced it will be a SPAC, given everything I have learnt about them and shared on the MMT thread of late, Private Equity is most likely route for a takeover of our club

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Re: ALK Capital...

Post by Paul Waine » Fri Oct 23, 2020 10:06 pm

NewClaret wrote:
Fri Oct 23, 2020 9:36 pm
Notwithstanding your point about this thread not being an accurate source of information, it said nearer the beginning that it would be a “SPAC” of “moderately wealthy” individuals. So presumably just a larger group of what we’ve already got. Not sure that moves us forward?
The first thing to understand about a Special Purpose Acquisition Corporation (SPAC) is that funds are raised by listing equity on a stock exchange with the funds raised for the described purpose, but, usually before the specific target investments have been identified. Investors in the shares "buy into" the investment story - with a given time frame for the investment(s) to take place or their initial investment repaid, if the investments aren't completed. The "moderately wealthy" investors may include both individuals and institutions where their investment in the SPAC will be a (very) small part of their total investment portfolio. I'd expect the SPAC to have a number of "foundation" investors who will be committed to back the initial public offering (IPO), and thus ensure the success of the IPO.

So far, my description of a SPAC will fit any SPAC, with an investment story specific to each SPAC - it may be a plan to invest in "green" environmental projects or "covid-19" vaccines or any other investment opportunity.

It is possible that ALK Capital intends to fund their purchase of Burnley FC via a SPAC - subject to successful agreement to acquire the club. Their investment story will include the opportunity to participate in the rising value of the Premier League, by owning one of the Premier League clubs - allowing for all the risk factors, including relegation. If ALK Capital is to succeed it will need to raise a lot of equity, not just enough to buy the club but also to investment in the club and maintain Burnley FC in the Premier League. Of course, the strategy will include the opportunity of raising additional funds including selling further shares.

Alan Pace, and others developing the idea, will be rewarded by participation in the gains, if they can deliver the successful investments.

All this is speculation and guesswork on my part. I'm retired, I have no access to any information expect for the (very little) that has been put in the public domain. I might be wrong. Pace and ALK may fail to reach agreement with Mike Garlick and John B.

It will be exciting if it comes off.

UTC

EDIT: And, I've just seen Chester Perry's post. Although I favour a SPAC over PE, I might be wrong - or it could be that one or more PE entities are amongst the foundation investors, with the aim of exiting via an IPO and not requiring a SPAC.
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Re: ALK Capital...

Post by Steddyman » Fri Oct 23, 2020 10:31 pm

And so starts another few pages of discussing the risks and benefits of a SPAC or a PE when nobody has any idea what the proposed investment is.

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Re: ALK Capital...

Post by Danieljwaterhouse » Sat Oct 24, 2020 12:38 am

ClaretTony wrote:
Fri Oct 23, 2020 4:10 pm
Problem is people posting nonsense such as the Tarky at Leicester. Then others actually believe it but others call it out because it is nonsense.

Then we have people who do know things who sensibly don’t go rushing to a message board to tell people.
And then we have people who are just as well informed, abs want to share, where possible, the good news.

Precious egos be damned

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Re: ALK Capital...

Post by fidelcastro » Sat Oct 24, 2020 2:31 am

Danieljwaterhouse wrote:
Sat Oct 24, 2020 12:38 am
And then we have people who are just as well informed, abs want to share, where possible, the good news.

Precious egos be damned
DWIGHT GONE.

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Re: ALK Capital...

Post by Damo » Sat Oct 24, 2020 3:57 am

Every message board has a "ITK" bullshitter.
Twitter is rife with it too.

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Re: ALK Capital...

Post by Danieljwaterhouse » Sat Oct 24, 2020 6:46 am

fidelcastro wrote:
Sat Oct 24, 2020 2:31 am
DWIGHT GONE.
Are you going to accept that I clearly and consistently stated that the transfer rumours are from a different source?

You’re a tiresome individual.
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Re: ALK Capital...

Post by Grumps » Sat Oct 24, 2020 7:09 am

Danieljwaterhouse wrote:
Sat Oct 24, 2020 6:46 am
Are you going to accept that I clearly and consistently stated that the transfer rumours are from a different source?

You’re a tiresome individual.
Unfortunately some on here will have a go at certain posters whether they are right or wrong, certainly a reason many, including myself don't post as much at present.
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Re: ALK Capital...

Post by Woodleyclaret » Sat Oct 24, 2020 7:27 am

This takeover has shades of the "Millionaire" Ray Ingelby story where an alleged saviour was going to transform our team.
I personally think this ALK red herring is an urban myth

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Re: ALK Capital...

Post by fidelcastro » Sat Oct 24, 2020 10:41 am

Danieljwaterhouse wrote:
Sat Oct 24, 2020 6:46 am
Are you going to accept that I clearly and consistently stated that the transfer rumours are from a different source?

You’re a tiresome individual.
You could've quite easily just typed "I’ve heard a rumour that Dwight is leaving. I don't know whether it's true or not".

Instead, you chose to state it as fact. I trust your "source" is now an ex-source?

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Re: ALK Capital...

Post by Danieljwaterhouse » Sat Oct 24, 2020 11:57 am

fidelcastro wrote:
Sat Oct 24, 2020 10:41 am
You could've quite easily just typed "I’ve heard a rumour that Dwight is leaving. I don't know whether it's true or not".

Instead, you chose to state it as fact. I trust your "source" is now an ex-source?
You’re not wrong there, I could’ve done that.

It wasn’t worthy to end our friendship, but I have rightly ripped him to death.

There’s a hundred unwritten transfer stories that have something in them and never come to fruition

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Re: ALK Capital...

Post by Spike » Sat Oct 24, 2020 12:39 pm

Call me old fashioned but rumours and anything that isn’t fact are things I discuss.
If I am going to write it down on paper , Twitter, messageboards , 2FB, then it must be the truth and the whole truth

I also feel sorry for these folk who get off by ripping into people for no reason

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Re: ALK Capital...

Post by ewanrob » Sat Oct 24, 2020 1:38 pm

There's so much mis-information coming out, allegedly directors agreeing deal on shipping out 2 players, Dyche threatening to walk if the 2 go, a well known journalist still suggesting we are in for Wilson but a long way off on the money, alleged offers going in for relatively unknown foreign players, Takeover near to a conclusion, no it isn't...now its out in the open there are new kids on the block. Im bloody sick of the lot it, and really loosing interest big style.
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Re: ALK Capital...

Post by arise_sir_charge » Sat Oct 24, 2020 2:47 pm

Woodleyclaret wrote:
Sat Oct 24, 2020 7:27 am
This takeover has shades of the "Millionaire" Ray Ingelby story where an alleged saviour was going to transform our team.
I personally think this ALK red herring is an urban myth
A red herring that has gone as far as registering two companies, one with a name clearly connected to the football club and the story having been reported by Reuters? That’s some going.

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Re: ALK Capital...

Post by ClaretTony » Sat Oct 24, 2020 4:52 pm

arise_sir_charge wrote:
Sat Oct 24, 2020 2:47 pm
A red herring that has gone as far as registering two companies, one with a name clearly connected to the football club and the story having been reported by Reuters? That’s some going.
It’s 100% not a red herring. As I posted previously they’ve been back in recently and were at the training ground. They’d already been carrying out due diligence prior to that visit.

I don’t know where it is now. It’s definitely not dead in the water but is not progressing as was expected. Why? I’ve no idea on that.

I do know what some of their plans are should they get control or I know what I’ve been told.

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Re: ALK Capital...

Post by joey13 » Sat Oct 24, 2020 5:01 pm

ClaretTony wrote:
Sat Oct 24, 2020 4:52 pm
It’s 100% not a red herring. As I posted previously they’ve been back in recently and were at the training ground. They’d already been carrying out due diligence prior to that visit.

I don’t know where it is now. It’s definitely not dead in the water but is not progressing as was expected. Why? I’ve no idea on that.

I do know what some of their plans are should they get control or I know what I’ve been told.
What are the plans Tony ?

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Re: ALK Capital...

Post by Steve-Harpers-perm » Sat Oct 24, 2020 5:05 pm

ClaretTony wrote:
Sat Oct 24, 2020 4:52 pm
It’s 100% not a red herring. As I posted previously they’ve been back in recently and were at the training ground. They’d already been carrying out due diligence prior to that visit.

I don’t know where it is now. It’s definitely not dead in the water but is not progressing as was expected. Why? I’ve no idea on that.

I do know what some of their plans are should they get control or I know what I’ve been told.
Positive plans hopefully! No surprise it’s still dragging on nothing happens quickly at Burnley.

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Re: ALK Capital...

Post by Grumps » Sat Oct 24, 2020 5:24 pm

Steve-Harpers-perm wrote:
Sat Oct 24, 2020 5:05 pm
Positive plans hopefully! No surprise it’s still dragging on nothing happens quickly at Burnley.
Spurs moved too slowly when someone wanted to buy them. They got fed up and bought Chelsea instead.............

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