ALK Capital or Farnell/Elkashashy takeover

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Charlton Boy
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Re: ALK Capital...

Post by Charlton Boy » Wed Oct 28, 2020 7:19 pm

Guys you can chose to wait and see for yourself. But our trust is already speaking to your trust and in the coming days I’m sure all of the information will come out.

You need mobilise and act now.
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Sheedyclaret
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Re: ALK Capital...

Post by Sheedyclaret » Wed Oct 28, 2020 7:19 pm

ewanrob wrote:
Wed Oct 28, 2020 7:16 pm
Statement from our club would be nice.

Haha good luck with that ..

JohnDearyMe
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Re: ALK Capital...

Post by JohnDearyMe » Wed Oct 28, 2020 7:22 pm

Charlton Boy wrote:
Wed Oct 28, 2020 7:19 pm
Guys you can chose to wait and see for yourself. But our trust is already speaking to your trust and in the coming days I’m sure all of the information will come out.

You need mobilise and act now.
Thanks.

I've been following the efforts of Charlton fans to try and safeguard the future of their club in recent years after the protests we witnessed when we were crowned as champions at the Valley. We really need to heed their warnings and take action

tiger76
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Re: ALK Capital...

Post by tiger76 » Wed Oct 28, 2020 7:29 pm

theboydonegood wrote:
Wed Oct 28, 2020 6:22 pm
I thought a takeover was what Burnley fans wanted !!
Yes if it's too the right parties and for the good of the club, neither of those criteria appear to be met by the figures involved, I know nothing about the Egyptian fella, but Farnell being involved doesn't sound good to me given his dubious track record.

Aclaret
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Re: ALK Capital...

Post by Aclaret » Wed Oct 28, 2020 7:32 pm

ewanrob wrote:
Wed Oct 28, 2020 7:16 pm
Statement from our club would be nice.
Burnley FC one club for all.....my arse.

Chester Perry
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Re: ALK Capital...

Post by Chester Perry » Wed Oct 28, 2020 7:36 pm

A tale from when Farnell was at Leeds

https://www.dailymail.co.uk/sport/artic ... rmott.html

Vintage Claret
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Re: ALK Capital...

Post by Vintage Claret » Wed Oct 28, 2020 7:36 pm

Wile E Coyote wrote:
Wed Oct 28, 2020 5:58 pm
you never know, we might be top of the football pyramid sooner than think, pharaoh nuff by me.
Wondered who'd be the first with the Ancient Egyptian puns, Tut,Tut ;)

ClaretTony
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Re: ALK Capital...

Post by ClaretTony » Wed Oct 28, 2020 7:37 pm

Aclaret wrote:
Wed Oct 28, 2020 7:32 pm
Burnley FC one club for all.....my arse.
That statement I agree with totally, it’s very much my arse.

Aclaret
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Re: ALK Capital...

Post by Aclaret » Wed Oct 28, 2020 7:42 pm

Its now a good time to show that we are a " Club for all" come on Burnley we are waiting.

ClaretAL
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Re: ALK Capital...

Post by ClaretAL » Wed Oct 28, 2020 7:45 pm

ClaretTony wrote:
Wed Oct 28, 2020 6:04 pm
We need to get as much info as we can. I've already started that process on behalf of Burnley FC Supporters Groups in terms of other clubs he might have been involved with (Charlton have already been brilliant). I'll also be speaking to the FSA. I'll publish as much as I am able although I'm sure there will be stuff I can't.

If this is happening and is a good move for Burnley FC then we'll find that out. If this is happening and it is not a good move for Burnley FC then we need to be armed with as much information as possible.
CT your importance becomes paramount right now as you will be liaising with the other BFC supporter groups, as well as out friends at Charlton and Bury, please do a good job, and I/we are behind whatever you guys decide and will offer full support on whatever is needed.
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clarethomer
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Re: ALK Capital...

Post by clarethomer » Wed Oct 28, 2020 7:52 pm

Just had quick insight into the draft communication.

We would like to confirm that our position remains the same as it was yesterday. We have been open to exploring external investment for some time now to help secure the long term future of the club. Until such investment has been secured, we are unable to comment and report on media speculation. This is all we can say at this time.

Once we are in a position to tell you anything, we will draw it out as long as possible and once I have got the deposit down on the Yacht in Monaco, I will then look to make a further statement at that point. Until we have something to report, we are looking forward to focusing our attention on supporting Sean and the team and we look forward to receiving your PPV contributions on Saturday...

UTC

Mike Garlick
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NewClaret
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Re: ALK Capital...

Post by NewClaret » Wed Oct 28, 2020 7:53 pm

Something just doesn’t ring true about this... I just can’t see Mike Garlick selling to this mob. And even if he might, you’d expect the rest of the Board would keep him on the straight and narrow?

claptrappers_union
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Re: ALK Capital...

Post by claptrappers_union » Wed Oct 28, 2020 7:56 pm

I think this is bate for ALK.

ClaretTony
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Re: ALK Capital...

Post by ClaretTony » Wed Oct 28, 2020 7:57 pm

ClaretAL wrote:
Wed Oct 28, 2020 7:45 pm
CT your importance becomes paramount right now as you will be liaising with the other BFC supporter groups, as well as out friends at Charlton and Bury, please do a good job, and I/we are behind whatever you guys decide and will offer full support on whatever is needed.
I’m not important. What I am is passionate and concerned enough to try and get more info. What I’ve received so far does not suggest good news at this stage. Just please accept that I can’t share the info.
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Stalbansclaret
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Re: ALK Capital...

Post by Stalbansclaret » Wed Oct 28, 2020 7:57 pm

NewClaret wrote:
Wed Oct 28, 2020 7:53 pm
Something just doesn’t ring true about this... I just can’t see Mike Garlick selling to this mob. And even if he might, you’d expect the rest of the Board would keep him on the straight and narrow?
This is how I feel too...maybe we are being naive but aren't our board meant to be fans of the club ?

ClaretTony
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Re: ALK Capital...

Post by ClaretTony » Wed Oct 28, 2020 7:57 pm

claptrappers_union wrote:
Wed Oct 28, 2020 7:56 pm
I think this is bate for ALK.
I’m told it’s very much not

Tribesmen
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Re: ALK Capital...

Post by Tribesmen » Wed Oct 28, 2020 7:58 pm

Wow worried is a word i don't use very often but i am
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clarethomer
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Re: ALK Capital...

Post by clarethomer » Wed Oct 28, 2020 7:59 pm

NewClaret wrote:
Wed Oct 28, 2020 7:53 pm
Something just doesn’t ring true about this... I just can’t see Mike Garlick selling to this mob. And even if he might, you’d expect the rest of the Board would keep him on the straight and narrow?
This is the problem when we get reports in the media and there is no evidence of any of it being true. I suspect there is likely be enough there for a story to be run but how informed they are of the goings-on - who knows.

We have been so lucky with having the board that we have had and being unfashionable has worked for us in that sense when it comes to keeping vultures away from the club. However, we are run well, we are as established as a club can be in the premier league now if you are outside the top 6-8 clubs so we have come into the trend by the looks of it.

It is an uncertain time for fans and the club indeed.

Landore_Jack
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Re: ALK Capital...

Post by Landore_Jack » Wed Oct 28, 2020 8:01 pm

Swans fan here. Chris Farnell acted as a lawyer for the Yanks when they took over the Swans. He bullied one of the directors into resigning from his position. The director sued the club for unfair dismissal.

https://www.walesonline.co.uk/news/wale ... g-14025144
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PWBFC
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Re: ALK Capital...

Post by PWBFC » Wed Oct 28, 2020 8:01 pm

On the face of it this just doesn’t add up.

Where’s the money coming from? Why would we sell to somebody with this track record?

It seems too bizarre to be true.

ClaretAL
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Re: ALK Capital...

Post by ClaretAL » Wed Oct 28, 2020 8:04 pm

ClaretTony wrote:
Wed Oct 28, 2020 7:57 pm
I’m not important. What I am is passionate and concerned enough to try and get more info. What I’ve received so far does not suggest good news at this stage. Just please accept that I can’t share the info.
Fortunately for me , you are important as you are the mouthpiece for us fans, and your passion and history with the club will serve us well, and may just be the defining moment in your life as a supporter of Burnley FC. anything at all that can help please shout up.
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joey13
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Re: ALK Capital...

Post by joey13 » Wed Oct 28, 2020 8:05 pm

aggi wrote:
Wed Oct 28, 2020 4:27 pm
Why did they invest in the club in the first place if that was the case?
Have a think about it , it’s not that difficult
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joey13
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Re: ALK Capital...

Post by joey13 » Wed Oct 28, 2020 8:05 pm

Leisure wrote:
Wed Oct 28, 2020 6:18 pm
Really! Please can you provide some evidence to back up that statement.
Still got your head in the sand leisure

THEWELLERNUT70
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Re: ALK Capital...

Post by THEWELLERNUT70 » Wed Oct 28, 2020 8:06 pm

It'll tell you all you need to know about Garlick if he sells to these two. However this imo opinion has been the end game all along, the goose fattening has been going on for a good few seasons as I've stated many times on here in the past
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MRG
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Re: ALK Capital...

Post by MRG » Wed Oct 28, 2020 8:08 pm

MRG wrote:
Sat Oct 24, 2020 8:15 pm
And to really prod some egos, I can also categorically state that BOTH interested parties are continuing to progress their interest with the relevant processes being completed. I believe the Americans are the preferred party and in pole position but the Middle Eastern guys haven’t give up just yet.

I have no interest if this is believed or not, nor do I care if it is in line what others have been told, this is absolute fact
I’ve been waiting for this to be announced 😏

ClaretTony
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Re: ALK Capital...

Post by ClaretTony » Wed Oct 28, 2020 8:09 pm

Landore_Jack wrote:
Wed Oct 28, 2020 8:01 pm
Swans fan here. Chris Farnell acted as a lawyer for the Yanks when they took over the Swans. He bullied one of the directors into resigning from his position. The director sued the club for unfair dismissal.

https://www.walesonline.co.uk/news/wale ... g-14025144
Thanks for this info

ClaretAL
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Re: ALK Capital...

Post by ClaretAL » Wed Oct 28, 2020 8:11 pm

Now of all times, is for us to stand up as one to be counted as one! as some older members of the board have done in the past and now its our turn under the experience and direction of those who have seen this before. Bickering hast to stop and understand we are all here for the same passion being Burnley FC and we all need to pull together and offer what ever we can to CT and other supporter groups to keep our club on the right track for our generations to come as others have done before us and more recent times like Charlton Fans did for their club. If your not interested then please refrain from winding people up in such an important and fractious stage.
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Sproggy
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Re: ALK Capital...

Post by Sproggy » Wed Oct 28, 2020 8:12 pm

THEWELLERNUT70 wrote:
Wed Oct 28, 2020 8:06 pm
It'll tell you all you need to know about Garlick if he sells to these two. However this imo opinion has been the end game all along, the goose fattening has been going on for a good few seasons as I've stated many times on here in the past
Well it would at least go some way to explaining the chairman's negligence in the transfer window.

Speaking to them for a year? Jesus wept.
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Murger
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Re: ALK Capital...

Post by Murger » Wed Oct 28, 2020 8:12 pm

9C5B21CF-5B0A-4A80-A26F-AB2E58013399.gif
9C5B21CF-5B0A-4A80-A26F-AB2E58013399.gif (1.66 MiB) Viewed 3460 times

Steddyman
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Re: ALK Capital...

Post by Steddyman » Wed Oct 28, 2020 8:13 pm

NewClaret wrote:
Wed Oct 28, 2020 5:24 pm
Feel sick.

ALK - seem to have no money/backer.

Egyptian/Farnell - not telling me that a guy who owns 7 restaurants in Dubai has £200m to buy a PL club.

He did however hold a role with the Dubai government so is it possibly a front for Dubai government investment? Describes himself as “strategic PE investor”.

Pretty annoying that of all the possible groups interested in investing across the world, we get two like this.
That article was from 2014. He might own 8 restaurants now, and a chippy.

JohnMcGreal
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Re: ALK Capital...

Post by JohnMcGreal » Wed Oct 28, 2020 8:16 pm

Steddyman wrote:
Wed Oct 28, 2020 8:13 pm
That article was from 2014. He might own 8 restaurants now, and a chippy.
The chippy is called Dabai.

Mattster
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Re: ALK Capital...

Post by Mattster » Wed Oct 28, 2020 8:18 pm

ClaretTony wrote:
Wed Oct 28, 2020 7:57 pm
I’m told it’s very much not
As in they're being seriously considered as competition for ALK. Or that they're now in pole position?

Rileybobs
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Re: ALK Capital...

Post by Rileybobs » Wed Oct 28, 2020 8:20 pm

At least it can’t get any worse than a tenth place finish and losing Jeff Hendrick on a free.

MRG
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Re: ALK Capital...

Post by MRG » Wed Oct 28, 2020 8:23 pm

I am convinced that ALK will still be the successful party.

I’m also hearing that Farnell is nothing more than an intermediary and will not be involved should they be successful.

Murger
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Re: ALK Capital...

Post by Murger » Wed Oct 28, 2020 8:24 pm

A30627C0-9B92-4C1D-86B2-450A934C56D4.png
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Steve-Harpers-perm
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Re: ALK Capital...

Post by Steve-Harpers-perm » Wed Oct 28, 2020 8:24 pm

Boden just tweeted contrasts exchanged, proof of funds there just need to pass the PL fit and proper owners test.

claret2018
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Re: ALK Capital...

Post by claret2018 » Wed Oct 28, 2020 8:26 pm

Bring it on. What could possibly go wrong?

KateR
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Re: ALK Capital...

Post by KateR » Wed Oct 28, 2020 8:28 pm

yes it well went so quickly for SIF and Newcastle, just letting the ink dry is it?

Leisure
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Re: ALK Capital...

Post by Leisure » Wed Oct 28, 2020 8:30 pm

joey13 wrote:
Wed Oct 28, 2020 8:05 pm
Still got your head in the sand leisure
As I thought, you haven't got any evidence!
Last edited by Leisure on Wed Oct 28, 2020 8:40 pm, edited 1 time in total.

ClaretTony
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Re: ALK Capital...

Post by ClaretTony » Wed Oct 28, 2020 8:32 pm

I’m hearing it is close to being done and dusted

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Re: ALK Capital...

Post by NewClaret » Wed Oct 28, 2020 8:32 pm

THEWELLERNUT70 wrote:
Wed Oct 28, 2020 8:06 pm
It'll tell you all you need to know about Garlick if he sells to these two. However this imo opinion has been the end game all along, the goose fattening has been going on for a good few seasons as I've stated many times on here in the past
There are many on here that have defended Garlick’s lack of investment in the club in recent seasons. Whilst frustrated by the lack of investment, I can understand the counter argument that he has the clubs long term interests paramount in his thoughts. If he does sell to these charlatans it would suggest he’s been under-investing to fatten the goose all along. Would better explain SD’s frustrations.
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Danieljwaterhouse
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Re: ALK Capital...

Post by Danieljwaterhouse » Wed Oct 28, 2020 8:33 pm

Few people who are now showing their true colours, now there's more in the media. This party came to jump ALK, hence why it came out in the media at that particular time. They’ve been championed by one particular board room member.

If you think that anything we do as fans will derail this deal, you’re living in a dream land....

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Re: ALK Capital...

Post by arise_sir_charge » Wed Oct 28, 2020 8:33 pm

Lot of hissy fittery based on very little here.

Talk of fans mobilising etc, let’s just see some detail first.

With the greatest of respect to some of the other clubs mentioned regarding Farnell they were basket case outfits long before he appeared.

Charlton have stumbled from one shambles to another. Their antics the last time we played them were long before any of these people had come anywhere near.

I’ll wait and see first before I start talk of AFC Burnley etc.
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Burnley1989
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Re: ALK Capital...

Post by Burnley1989 » Wed Oct 28, 2020 8:33 pm

JohnDearyMe wrote:
Wed Oct 28, 2020 6:53 pm
Exactly my thought. I've got a horrible feeling we will be having to set up AFC Burnley in a few years if this deal goes through
There’s already an AFC Burnley, play Todmorden B on Saturday if you fancy a watch
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ewanrob
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Re: ALK Capital...

Post by ewanrob » Wed Oct 28, 2020 8:34 pm

ClaretTony wrote:
Wed Oct 28, 2020 8:32 pm
I’m hearing it is close to being done and dusted
Then what are we missing here, really hope he/they haven't taken the money and run. For someone who wanted change, this doesn't sit well at all.

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Re: ALK Capital...

Post by Murger » Wed Oct 28, 2020 8:35 pm

Mike Garlick is no Burnley fan. Just another in a long line of greedy businessman, out to line his own pockets.

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Re: ALK Capital...

Post by ewanrob » Wed Oct 28, 2020 8:35 pm

Danieljwaterhouse wrote:
Wed Oct 28, 2020 8:33 pm
Few people who are now showing their true colours, now there's more in the media. This party came to jump ALK, hence why it came out in the media at that particular time. They’ve been championed by one particular board room member.

If you think that anything we do as fans will derail this deal, you’re living in a dream land....
So do you have reservations on the prospective owners ?

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Re: ALK Capital...

Post by ClaretTony » Wed Oct 28, 2020 8:37 pm

arise_sir_charge wrote:
Wed Oct 28, 2020 8:33 pm
Lot of hissy fittery based on very little here.

Talk of fans mobilising etc, let’s just see some detail first.

With the greatest of respect to some of the other clubs mentioned regarding Farnell they were basket case outfits long before he appeared.

Charlton have stumbled from one shambles to another. Their antics the last time we played them were long before any of these people had come anywhere near.

I’ll wait and see first before I start talk of AFC Burnley etc.
No mobilising from me, just investigating what on the surface looks concerning. Supporters organisations would be failing in their duty if they didn’t investigate.
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Bordeauxclaret
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Re: ALK Capital...

Post by Bordeauxclaret » Wed Oct 28, 2020 8:39 pm

Danieljwaterhouse wrote:
Wed Oct 28, 2020 8:33 pm
Few people who are now showing their true colours, now there's more in the media. This party came to jump ALK, hence why it came out in the media at that particular time. They’ve been championed by one particular board room member.
Would that be Flood by any chance?

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Re: ALK Capital...

Post by Danieljwaterhouse » Wed Oct 28, 2020 8:42 pm

ewanrob wrote:
Wed Oct 28, 2020 8:35 pm
So do you have reservations on the prospective owners ?
Nope, I think there has been enough due diligence done to ensure it’s a good deal.

The premier league is stringent, as are the other owners in the league about prospective owners. They’ve certainly learnt their lessons from past incidents.

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