ALK Capital or Farnell/Elkashashy takeover

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
Leisure
Posts: 18468
Joined: Mon Jan 04, 2016 9:47 pm
Been Liked: 3771 times
Has Liked: 12361 times

Re: ALK Capital...

Post by Leisure » Wed Oct 28, 2020 10:19 pm

joey13 wrote:
Wed Oct 28, 2020 9:39 pm
It hardly needs an explanation, it’s there for everyone to see , unless you have your head in the sand
I'd still like an explanation from you.

BurnleyFC
Posts: 5058
Joined: Thu Jan 21, 2016 11:51 am
Been Liked: 1596 times
Has Liked: 888 times

Re: ALK Capital...

Post by BurnleyFC » Wed Oct 28, 2020 10:19 pm

Who’s Boden making calls with, Ray Ingleby?
This user liked this post: SammyBoy

clarethomer
Posts: 3104
Joined: Thu Jan 21, 2016 8:24 am
Been Liked: 942 times
Has Liked: 410 times

Re: ALK Capital...

Post by clarethomer » Wed Oct 28, 2020 10:20 pm

Does this help?
Screenshot 2020-10-28 at 22.19.06.png
Screenshot 2020-10-28 at 22.19.06.png (292.99 KiB) Viewed 4345 times

OffTheBar
Posts: 256
Joined: Tue May 17, 2016 7:21 am
Been Liked: 55 times
Has Liked: 13 times

Re: ALK Capital...

Post by OffTheBar » Wed Oct 28, 2020 10:20 pm

As an aside, and not sure if this has been posted on here, but the ALK group appear to have set up ANOTHER company a couple of days ago, linked to one of the previous ones. So they don’t appear to have given up...

Steve-Harpers-perm
Posts: 5744
Joined: Sun Jan 24, 2016 10:52 am
Been Liked: 1868 times
Has Liked: 835 times

Re: ALK Capital...

Post by Steve-Harpers-perm » Wed Oct 28, 2020 10:20 pm

So Boden tweeted contracts have been exchanged and now reporting talks to continue with ALK tomorrow in the hope of moving things forward??
This user liked this post: mybloodisclaret

Steddyman
Posts: 2402
Joined: Thu Jan 21, 2016 3:45 pm
Been Liked: 624 times
Has Liked: 491 times

Re: ALK Capital...

Post by Steddyman » Wed Oct 28, 2020 10:22 pm

Danieljwaterhouse wrote:
Wed Oct 28, 2020 10:08 pm
He’s a sports lawyer who has been brought in to legally advise when clubs are on there backsides. Are we in our backsides? Or are we different?
Read Paul Waines post on his own words on what his services are. There are other things other than advising distressed clubs.

claptrappers_union
Posts: 5756
Joined: Tue Jan 12, 2016 10:40 pm
Been Liked: 1745 times
Has Liked: 344 times
Location: The Banana Stand

Re: ALK Capital...

Post by claptrappers_union » Wed Oct 28, 2020 10:22 pm

I never thought Id want to see the Americans save the day.

quoonbeatz
Posts: 4489
Joined: Mon Jan 04, 2016 11:03 am
Been Liked: 2561 times
Has Liked: 757 times

Re: ALK Capital...

Post by quoonbeatz » Wed Oct 28, 2020 10:23 pm

I think it's someone linked to Farnell who's put it out there that the contracts are signed etc so it's probably ********.
This user liked this post: mybloodisclaret

levraiclaret
Posts: 1566
Joined: Thu Jan 21, 2016 11:40 am
Been Liked: 428 times
Has Liked: 1460 times
Location: Leicestershire
Contact:

Re: ALK Capital...

Post by levraiclaret » Wed Oct 28, 2020 10:24 pm

Lowbankclaret wrote:
Wed Oct 28, 2020 9:24 pm
Well if you walked a. Mile in my shoes you would know.
My best mate, says about me “if it was not for bad luck you would have no luck at all’
Were you "Born under a bad sign* Lowbank?

Rileybobs
Posts: 16682
Joined: Fri Jan 22, 2016 4:37 pm
Been Liked: 6891 times
Has Liked: 1471 times
Location: Leeds

Re: ALK Capital...

Post by Rileybobs » Wed Oct 28, 2020 10:24 pm

My bet is that El Kashashy is looking to takeover ALK Capital and Garlick has been renting out meeting room space in our Business Hub to facilitate talks.
These 2 users liked this post: Paul Waine Somethingfishy

clarethomer
Posts: 3104
Joined: Thu Jan 21, 2016 8:24 am
Been Liked: 942 times
Has Liked: 410 times

Re: ALK Capital...

Post by clarethomer » Wed Oct 28, 2020 10:24 pm

This user liked this post: Steddyman

Stayingup
Posts: 5551
Joined: Sun Aug 21, 2016 8:02 pm
Been Liked: 914 times
Has Liked: 2726 times

Re: ALK Capital...

Post by Stayingup » Wed Oct 28, 2020 10:25 pm

What exactly is a Sports lawyer? A lawyer is a lawyer. Is it that he happens to specialize or involves himself in sports issues this chap

SGr
Posts: 4412
Joined: Thu Jan 21, 2016 9:46 pm
Been Liked: 1022 times
Has Liked: 307 times

Re: ALK Capital...

Post by SGr » Wed Oct 28, 2020 10:25 pm

Mother of God.

RalphCoatesComb
Posts: 8049
Joined: Thu Jul 14, 2016 2:38 pm
Been Liked: 2415 times
Has Liked: 2115 times

Re: ALK Capital...

Post by RalphCoatesComb » Wed Oct 28, 2020 10:27 pm

claptrappers_union wrote:
Wed Oct 28, 2020 10:22 pm
I never thought Id want to see the Americans save the day.
Be careful what you wish for. There were Bar Stewards who wanted the Venkys to take over down the M65.

Rileybobs
Posts: 16682
Joined: Fri Jan 22, 2016 4:37 pm
Been Liked: 6891 times
Has Liked: 1471 times
Location: Leeds

Re: ALK Capital...

Post by Rileybobs » Wed Oct 28, 2020 10:28 pm

Stayingup wrote:
Wed Oct 28, 2020 10:25 pm
What exactly is a Sports lawyer? A lawyer is a lawyer. Is it that he happens to specialize or involves himself in sports issues this chap
It’s a lawyer who specialises in sport issues. In the same way that a family lawyer specialises in family issues, and a property lawyer specialises in property issues.
This user liked this post: mybloodisclaret

Pimlico_Claret
Posts: 1302
Joined: Thu Oct 20, 2016 10:08 am
Been Liked: 614 times
Has Liked: 680 times

Re: ALK Capital...

Post by Pimlico_Claret » Wed Oct 28, 2020 10:31 pm

Rileybobs wrote:
Wed Oct 28, 2020 10:28 pm
It’s a lawyer who specialises in sport issues. In the same way that a family lawyer specialises in family issues, and a property lawyer specialises in property issues.
Ever known a lawyer with morals? As long as they make a mint for themselves , they'll take on any job.
This user liked this post: mybloodisclaret

KRBFC
Posts: 18018
Joined: Thu Jan 21, 2016 10:18 am
Been Liked: 3784 times
Has Liked: 1071 times

Re: ALK Capital...

Post by KRBFC » Wed Oct 28, 2020 10:32 pm

Rileybobs wrote:
Wed Oct 28, 2020 10:28 pm
It’s a lawyer who specialises in sport issues. In the same way that a family lawyer specialises in family issues, and a property lawyer specialises in property issues.
But the Charlton fan posted something about Farnell asset stripping the club and team, how does a sports lawyer have any power to do this?

Paul Waine
Posts: 9845
Joined: Fri Jan 22, 2016 2:28 pm
Been Liked: 2344 times
Has Liked: 3164 times

Re: ALK Capital...

Post by Paul Waine » Wed Oct 28, 2020 10:32 pm

Stayingup wrote:
Wed Oct 28, 2020 10:25 pm
What exactly is a Sports lawyer? A lawyer is a lawyer. Is it that he happens to specialize or involves himself in sports issues this chap
As your first pick, a sports lawyer is one who specialises in legal matters with respect to sports.

You can google "top xxxx lawyers" - where xxxx can be any subject that might require a lawyer - and you will get different league tables/rankings.

Pinsents is the legal firm being used by ALK. They are ranked near the top.

Many law firms will be retained by one or another football club - so, won't be available to act for another club, because of conflict of interest.

I've not identified Chris Farnell/his firm in the rankings I've seen just yet. I'm sure he will be there somewhere.

TVC15
Posts: 8211
Joined: Thu Jan 21, 2016 11:09 pm
Been Liked: 3321 times
Has Liked: 601 times

Re: ALK Capital...

Post by TVC15 » Wed Oct 28, 2020 10:33 pm

Pimlico_Claret wrote:
Wed Oct 28, 2020 10:31 pm
Ever known a lawyer with morals? As long as they make a mint for themselves , they'll take on any job.
Perry Mason
These 2 users liked this post: longsidepies Juan Tanamera

daveisaclaret
Posts: 2057
Joined: Fri Jan 22, 2016 9:23 pm
Been Liked: 1129 times
Has Liked: 94 times
Location: your mum

Re: ALK Capital...

Post by daveisaclaret » Wed Oct 28, 2020 10:33 pm

KRBFC wrote:
Wed Oct 28, 2020 10:32 pm
But the Charlton fan posted something about Farnell asset stripping the club and team, how does a sports lawyer have any power to do this?
He was supposed to be a director at Charlton but wasn't able to fill in the fit and proper person test correctly.

Paul Waine
Posts: 9845
Joined: Fri Jan 22, 2016 2:28 pm
Been Liked: 2344 times
Has Liked: 3164 times

Re: ALK Capital...

Post by Paul Waine » Wed Oct 28, 2020 10:34 pm

KRBFC wrote:
Wed Oct 28, 2020 10:32 pm
But the Charlton fan posted something about Farnell asset stripping the club and team, how does a sports lawyer have any power to do this?
The Charlton fan posted that Charlton fans thought that CF might asset strip the club and team. Football fans think and post a lot of things. It doesn't mean it makes sense.

Rileybobs
Posts: 16682
Joined: Fri Jan 22, 2016 4:37 pm
Been Liked: 6891 times
Has Liked: 1471 times
Location: Leeds

Re: ALK Capital...

Post by Rileybobs » Wed Oct 28, 2020 10:34 pm

Pimlico_Claret wrote:
Wed Oct 28, 2020 10:31 pm
Ever known a lawyer with morals? As long as they make a mint for themselves , they'll take on any job.
Yes, I’ve come across a good number of lawyers who are decent people. I’ve also met a lot of decent football fans.

Paul Waine
Posts: 9845
Joined: Fri Jan 22, 2016 2:28 pm
Been Liked: 2344 times
Has Liked: 3164 times

Re: ALK Capital...

Post by Paul Waine » Wed Oct 28, 2020 10:35 pm

Rileybobs wrote:
Wed Oct 28, 2020 10:24 pm
My bet is that El Kashashy is looking to takeover ALK Capital and Garlick has been renting out meeting room space in our Business Hub to facilitate talks.
:lol: :lol: :lol: ;)

levraiclaret
Posts: 1566
Joined: Thu Jan 21, 2016 11:40 am
Been Liked: 428 times
Has Liked: 1460 times
Location: Leicestershire
Contact:

Re: ALK Capital...

Post by levraiclaret » Wed Oct 28, 2020 10:35 pm

Herts Clarets wrote:
Wed Oct 28, 2020 10:03 pm
Boden tweeted that contracts have been exchanged. They can't both be correct....
Isn't there another stage before the deal is done, called completion?

Herts Clarets
Posts: 3937
Joined: Sun Jan 17, 2016 6:18 pm
Been Liked: 1754 times
Has Liked: 469 times

Re: ALK Capital...

Post by Herts Clarets » Wed Oct 28, 2020 10:36 pm

Boden now backtracking and suggesting that reports of contracts being exchanged may be somewhat premature.

Steddyman
Posts: 2402
Joined: Thu Jan 21, 2016 3:45 pm
Been Liked: 624 times
Has Liked: 491 times

Re: ALK Capital...

Post by Steddyman » Wed Oct 28, 2020 10:36 pm

Stayingup wrote:
Wed Oct 28, 2020 10:25 pm
What exactly is a Sports lawyer? A lawyer is a lawyer. Is it that he happens to specialize or involves himself in sports issues this chap
A sports lawyer is a sports lawyer. All lawyers specialise because of the vast body of law knowledge required in each area of law.

quoonbeatz
Posts: 4489
Joined: Mon Jan 04, 2016 11:03 am
Been Liked: 2561 times
Has Liked: 757 times

Re: ALK Capital...

Post by quoonbeatz » Wed Oct 28, 2020 10:37 pm

Pimlico_Claret wrote:
Wed Oct 28, 2020 10:31 pm
Ever known a lawyer with morals?
Worked with plenty of them, yes.

Steddyman
Posts: 2402
Joined: Thu Jan 21, 2016 3:45 pm
Been Liked: 624 times
Has Liked: 491 times

Re: ALK Capital...

Post by Steddyman » Wed Oct 28, 2020 10:38 pm

KRBFC wrote:
Wed Oct 28, 2020 10:32 pm
But the Charlton fan posted something about Farnell asset stripping the club and team, how does a sports lawyer have any power to do this?
That isn't hard to understand either is it? A lawyer is the man that files the paperwork and performs the communication. He is directed to do so by his client.

ewanrob
Posts: 1331
Joined: Thu Jan 21, 2016 8:52 am
Been Liked: 361 times
Has Liked: 98 times

Re: ALK Capital...

Post by ewanrob » Wed Oct 28, 2020 10:38 pm

Herts Clarets wrote:
Wed Oct 28, 2020 10:36 pm
Boden now backtracking and suggesting that reports of contracts being exchanged may be somewhat premature.
He's not back tracking, this story is evolving....he reported what he was told. Subsequent calls are changing the landscape of the whole thing.

KRBFC
Posts: 18018
Joined: Thu Jan 21, 2016 10:18 am
Been Liked: 3784 times
Has Liked: 1071 times

Re: ALK Capital...

Post by KRBFC » Wed Oct 28, 2020 10:38 pm

Paul Waine wrote:
Wed Oct 28, 2020 10:34 pm
The Charlton fan posted that Charlton fans thought that CF might asset strip the club and team. Football fans think and post a lot of things. It doesn't mean it makes sense.
Yeah very confusing, so what is his role here? Hard to judge without the facts.

Burnleyareback2
Posts: 2664
Joined: Thu Jan 21, 2016 10:07 pm
Been Liked: 772 times
Has Liked: 1426 times
Location: Mostly Europe

Re: ALK Capital...

Post by Burnleyareback2 » Wed Oct 28, 2020 10:38 pm

So we have moved on from getting a poke in the eye to a kick in the balls.

Either way I’m sure all the fans who wanted investment in and MG out are pleased.
This user liked this post: FactualFrank

MRG
Posts: 1228
Joined: Thu Jan 21, 2016 10:13 am
Been Liked: 361 times
Has Liked: 154 times

Re: ALK Capital...

Post by MRG » Wed Oct 28, 2020 10:39 pm

Herts Clarets wrote:
Wed Oct 28, 2020 10:36 pm
Boden now backtracking and suggesting that reports of contracts being exchanged may be somewhat premature.
As I stated a few pages ago! This isn’t over and ALK are still very much in this process.
These 2 users liked this post: Wokingclaret mybloodisclaret

KRBFC
Posts: 18018
Joined: Thu Jan 21, 2016 10:18 am
Been Liked: 3784 times
Has Liked: 1071 times

Re: ALK Capital...

Post by KRBFC » Wed Oct 28, 2020 10:40 pm

Steddyman wrote:
Wed Oct 28, 2020 10:38 pm
That isn't hard to understand either is it? A lawyer is the man that files the paperwork and performs the communication. He is directed to do so by his client.
Entirely my point, he’s directed to do so, is that his fault?

Rileybobs
Posts: 16682
Joined: Fri Jan 22, 2016 4:37 pm
Been Liked: 6891 times
Has Liked: 1471 times
Location: Leeds

Re: ALK Capital...

Post by Rileybobs » Wed Oct 28, 2020 10:40 pm

Paul Waine wrote:
Wed Oct 28, 2020 10:34 pm
The Charlton fan posted that Charlton fans thought that CF might asset strip the club and team. Football fans think and post a lot of things. It doesn't mean it makes sense.
Whilst I’m very concerned about what I’m hearing - if Mike Rigg was to join another club there’d be a hell of a lot of Burnley fans telling supporters of the other club how bad he is at his job. Despite not having a very good understanding of what his role actually is.

That’s why I’m taking some of these comments with a pinch of salt. I don’t think any of us had heard of this bloke 6 hours ago.

HahaYeah
Posts: 2075
Joined: Thu Apr 30, 2020 11:33 am
Been Liked: 343 times
Has Liked: 323 times

Re: ALK Capital...

Post by HahaYeah » Wed Oct 28, 2020 10:40 pm

What the Farnells goin on? :|

BurnleyFC
Posts: 5058
Joined: Thu Jan 21, 2016 11:51 am
Been Liked: 1596 times
Has Liked: 888 times

Re: ALK Capital...

Post by BurnleyFC » Wed Oct 28, 2020 10:42 pm

MRG wrote:
Wed Oct 28, 2020 10:39 pm
As I stated a few pages ago! This isn’t over and ALK are still very much in this process.
MRG - Mr. Garlick, by any chance?
This user liked this post: Juan Tanamera

Rileybobs
Posts: 16682
Joined: Fri Jan 22, 2016 4:37 pm
Been Liked: 6891 times
Has Liked: 1471 times
Location: Leeds

Re: ALK Capital...

Post by Rileybobs » Wed Oct 28, 2020 10:42 pm

KRBFC wrote:
Wed Oct 28, 2020 10:38 pm
Yeah very confusing, so what is his role here? Hard to judge without the facts.
That’s the £200m question.

iainment
Posts: 3
Joined: Wed Oct 28, 2020 6:06 pm
Been Liked: 2 times

Re: ALK Capital...

Post by iainment » Wed Oct 28, 2020 10:42 pm

You’ve been warned.

They’re wrong uns.

Don’t wait as long as we did in Charlton to see what they want to do.

Steddyman
Posts: 2402
Joined: Thu Jan 21, 2016 3:45 pm
Been Liked: 624 times
Has Liked: 491 times

Re: ALK Capital...

Post by Steddyman » Wed Oct 28, 2020 10:42 pm

If you read all of Bodens last few tweets, it is clear he is getting that information from someone related to ALK. It doesn't mean they are right though. Still having meetings in the diary doesn't mean you haven't been gazumped.

On the surface on what I know, ALK feels a more comfortable choice. But I'm not going to write off other options just because the investor is using an experienced lawyer.

aggi
Posts: 8762
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 2109 times

Re: ALK Capital...

Post by aggi » Wed Oct 28, 2020 10:43 pm

joey13 wrote:
Wed Oct 28, 2020 9:52 pm
I get it you think Garlick and the Board can do no wrong
No, I'm just able to see reality.

Explain the timeline to me. At the point when the current owners bought in we were a loss making championship club. What indicators were there at that point that we were going to have the success we have?

Herts Clarets
Posts: 3937
Joined: Sun Jan 17, 2016 6:18 pm
Been Liked: 1754 times
Has Liked: 469 times

Re: ALK Capital...

Post by Herts Clarets » Wed Oct 28, 2020 10:43 pm

ewanrob wrote:
Wed Oct 28, 2020 10:38 pm
He's not back tracking, this story is evolving....he reported what he was told. Subsequent calls are changing the landscape of the whole thing.
He reported that contracts had been exchanged and only PL fit and proper test to pass now. He appears to know as little or indeed less than a couple of posters on this board
This user liked this post: mybloodisclaret

Vegas Claret
Posts: 30273
Joined: Fri Jan 22, 2016 4:00 am
Been Liked: 10916 times
Has Liked: 5594 times
Location: clue is in the title

Re: ALK Capital...

Post by Vegas Claret » Wed Oct 28, 2020 10:46 pm

I was really excited about ALK, these other two though fill me with nothing but anger. How F can still be allowed anywhere near the footy industry is a scandal in itself. If Garlick sells to anyone he is involved with then he is most certainly not doing what is right by the club. I'm with the Charlton fans on this mother ******
Last edited by Vegas Claret on Wed Oct 28, 2020 10:47 pm, edited 1 time in total.

Danieljwaterhouse
Posts: 1009
Joined: Fri Jan 22, 2016 8:55 pm
Been Liked: 308 times
Has Liked: 350 times

Re: ALK Capital...

Post by Danieljwaterhouse » Wed Oct 28, 2020 10:46 pm

MRG wrote:
Wed Oct 28, 2020 10:39 pm
As I stated a few pages ago! This isn’t over and ALK are still very much in this process.
As I stated a few pages before that, ALK had stalled and another deal had come to the table via a board member.
This user liked this post: MRG

Paul Waine
Posts: 9845
Joined: Fri Jan 22, 2016 2:28 pm
Been Liked: 2344 times
Has Liked: 3164 times

Re: ALK Capital...

Post by Paul Waine » Wed Oct 28, 2020 10:46 pm

OffTheBar wrote:
Wed Oct 28, 2020 10:20 pm
As an aside, and not sure if this has been posted on here, but the ALK group appear to have set up ANOTHER company a couple of days ago, linked to one of the previous ones. So they don’t appear to have given up...
Kettering Capital LImited is the 4th company - shareholder Velocity Sports LImited.

The others are:

Calder Vale Holdings Limited - shareholder Velocity Sports LImited.

Velocity Sports Partners Limited - shareholder Velocity Sports Partners LLC.

ALK Capital Limited - shareholder ALK Capital LLC

Chester Perry
Posts: 19167
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 3115 times
Has Liked: 481 times

Re: ALK Capital...

Post by Chester Perry » Wed Oct 28, 2020 10:48 pm

Paul Waine wrote:
Wed Oct 28, 2020 10:46 pm
Kettering Capital LImited is the 4th company - shareholder Velocity Sports LImited.

The others are:

Calder Vale Holdings Limited - shareholder Velocity Sports LImited.

Velocity Sports Partners Limited - shareholder Velocity Sports Partners LLC.

ALK Capital Limited - shareholder ALK Capital LLC
Interesting (and a little bit weird) that they are using Dyche's home town name as a company vehicle

MRG
Posts: 1228
Joined: Thu Jan 21, 2016 10:13 am
Been Liked: 361 times
Has Liked: 154 times

Re: ALK Capital...

Post by MRG » Wed Oct 28, 2020 10:48 pm

Danieljwaterhouse wrote:
Wed Oct 28, 2020 10:46 pm
As I stated a few pages before that, ALK had stalled and another deal had come to the table via a board member.
What are you hearing?

Wokingclaret
Posts: 2068
Joined: Fri Jun 03, 2016 10:18 pm
Been Liked: 292 times
Has Liked: 766 times

Re: ALK Capital...

Post by Wokingclaret » Wed Oct 28, 2020 10:48 pm

aggi wrote:
Wed Oct 28, 2020 10:43 pm
No, I'm just able to see reality.

Explain the timeline to me. At the point when the current owners bought in we were a loss making championship club. What indicators were there at that point that we were going to have the success we have?
At the point our late Director loaned money so that we could go to Wembley

daveisaclaret
Posts: 2057
Joined: Fri Jan 22, 2016 9:23 pm
Been Liked: 1129 times
Has Liked: 94 times
Location: your mum

Re: ALK Capital...

Post by daveisaclaret » Wed Oct 28, 2020 10:49 pm

Paul Waine wrote:
Wed Oct 28, 2020 10:46 pm
Kettering Capital LImited is the 4th company - shareholder Velocity Sports LImited.

The others are:

Calder Vale Holdings Limited - shareholder Velocity Sports LImited.

Velocity Sports Partners Limited - shareholder Velocity Sports Partners LLC.

ALK Capital Limited - shareholder ALK Capital LLC
New company named for Dyche's home town?

Danieljwaterhouse
Posts: 1009
Joined: Fri Jan 22, 2016 8:55 pm
Been Liked: 308 times
Has Liked: 350 times

Re: ALK Capital...

Post by Danieljwaterhouse » Wed Oct 28, 2020 10:49 pm

MRG wrote:
Wed Oct 28, 2020 10:48 pm
What are you hearing?
This is no surprise and has been covered in the pages before, at length. This deal came in when the ALK deal hit the headlines.

Spijed
Posts: 17112
Joined: Mon Jan 18, 2016 12:33 pm
Been Liked: 2892 times
Has Liked: 1294 times

Re: ALK Capital...

Post by Spijed » Wed Oct 28, 2020 10:50 pm

Duplicate post

Post Reply