ALK Capital or Farnell/Elkashashy takeover
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Re: ALK Capital...
...and you keep on claiming you didn’t say stuff that you very clearly did.
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Re: ALK Capital...
There are one or two interesting posts on this thread, in between the squabbling.
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Re: ALK Capital...
Squabbling again taking over what is, for many of us a very serious thread.
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Re: ALK Capital...
Yeah, sorry.Juan Tanamera wrote: ↑Thu Oct 29, 2020 7:20 pmThere are one or two interesting posts on this thread, in between the squabbling.
Re: ALK Capital...
That promise lasted all of 2 minutesscouseclaret wrote: ↑Thu Oct 29, 2020 7:18 pm...and you keep on claiming you didn’t say stuff that you very clearly did.
Just post what it is you think I said and I am now saying I didn’t rather chirping like a little schoolgirl.
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Re: ALK Capital...
Actually don’t bother - apologies to other posters
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Re: ALK Capital...
Come on lads enough of the flirting, if you insist on fluttering you’re eyelashes at one another then do it privately perhaps?scouseclaret wrote: ↑Thu Oct 29, 2020 7:27 pmI won’t, because it’s perfectly clear from my 7.29pm post - you just chose to ignore that bit.
That’s a good couple of lads .
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Re: ALK Capital...
Paul - I'm sure that you will be aware that the English courts carry out vast numbers of litigation cases, brought by foreign residents, involving breach of contract, that result in the judgement debtor paying indemnity costs with laundered money.
I'm not saying that is the case here, but it does happen.
I'm not saying that is the case here, but it does happen.
Re: ALK Capital...
tvc spoils yet another thread, shock, horror.
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Re: ALK Capital...
full piece here from 9 minutes inVegas Claret wrote: ↑Thu Oct 29, 2020 6:43 pmsnippet from Simon Jordan
https://twitter.com/talkSPORT/status/13 ... 56930?s=20
https://talksport.com/radio/listen-again/1603965600/
Re: ALK Capital...
This bit is really funny about Burnley spending moneyChester Perry wrote: ↑Thu Oct 29, 2020 7:37 pmfull piece here from 9 minutes in
https://talksport.com/radio/listen-again/1603965600/
https://twitter.com/talkSPORT/status/13 ... 83234?s=20
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Re: ALK Capital...
Predictive texting, seriouslyChester Perry wrote: ↑Thu Oct 29, 2020 4:55 pmwe could all start by spelling his name right - nothing more off-putting than people repeatedly getting your name wrong - I speak from real life experience
Mike Garlick
Re: ALK Capital...
Not sure Goughy entirely understands the situation
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Re: ALK Capital...
If you listen to Goughy regularly you'll realise this sort of " misunderstanding" of the situation is pretty much par for the course
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Re: ALK Capital...
Cheers CP I'll give it a listen, I rate Jordan when it comes to this side of thingsChester Perry wrote: ↑Thu Oct 29, 2020 7:37 pmfull piece here from 9 minutes in
https://talksport.com/radio/listen-again/1603965600/
Re: ALK Capital...
He seems very comfortable with the situation. That was a good listen. ThanksVegas Claret wrote: ↑Thu Oct 29, 2020 8:05 pmCheers CP I'll give it a listen, I rate Jordan when it comes to this side of things
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Re: ALK Capital...
The one thing this whole situation has made me realise is just how easy it is to whip up a fan base. There are genuinely Burnley fans on social media suggesting that if this happens the club will no longer exist in a years time. To be honest it’s pathetic none of us really know the realities and anyone that is willing to invest 200m into a business can’t be sniffed at
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Re: ALK Capital...
clearly there are posters on here who understand finance, but for those that don't, is the concern more about who takes over the reins rather than the fact there is an imminent takeover.
I ask mainly because there is a worry that if things remained as they are, we as a club cannot compete adequately due to lack of money to strengthen the squad. It seems apparent that there has been friction behind the scenes because of it. So if we have a top class manager, and a current board that can't or won't back any attempt to improve our spending, then why is a takeover regarded as a bad thing ?
I ask mainly because there is a worry that if things remained as they are, we as a club cannot compete adequately due to lack of money to strengthen the squad. It seems apparent that there has been friction behind the scenes because of it. So if we have a top class manager, and a current board that can't or won't back any attempt to improve our spending, then why is a takeover regarded as a bad thing ?
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Re: ALK Capital...
Look at the evidence from other clubs this lawyer has been involved with! They've gone under!!!Newcastleclaret93 wrote: ↑Thu Oct 29, 2020 8:13 pmThe one thing this whole situation has made me realise is just how easy it is to whip up a fan base. There are genuinely Burnley fans on social media suggesting that if this happens the club will no longer exist in a years time. To be honest it’s pathetic none of us really know the realities and anyone that is willing to invest 200m into a business can’t be sniffed at
I want investment as much as the next guy (the club needs it) but only the right investment.
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Re: ALK Capital...
Your right BF2K the club will go under if this deal happens. It is almost 100% certain because an unsuccessful lawyer is involved.
Remember when Newcastle were getting taking over by the Saudis with Stavely involved and our fans were jealous. Stavely rap sheet is just as bad if not worst than Farnell.
Re: ALK Capital...
I think it’s more about the people involved in the latest takeover rumour. Most people accept that a takeover or new investment is necessary for us to have a chance of surviving and retain SD etc.Wile E Coyote wrote: ↑Thu Oct 29, 2020 8:51 pmclearly there are posters on here who understand finance, but for those that don't, is the concern more about who takes over the reins rather than the fact there is an imminent takeover.
I ask mainly because there is a worry that if things remained as they are, we as a club cannot compete adequately due to lack of money to strengthen the squad. It seems apparent that there has been friction behind the scenes because of it. So if we have a top class manager, and a current board that can't or won't back any attempt to improve our spending, then why is a takeover regarded as a bad thing ?
But if we get the wrong people taking over the club - as has happened at a other clubs - then I think a lot of fans (and I would be one of them) would rather we retain the existing owners even if that means getting relegated.
I wouldn’t want new owners who were going to asset strip, burden us with large debt, take large amounts of interest or dividends etc.
Really depends on their proposals and the structure of any takeover.
For supporters it’s going to be a concern as if a takeover does happen it’s likely we will be in the dark over the details so all we really have to go off is the background and any previous dealings of any rumoured incumbents
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Re: ALK Capital...
Nobody can say for certainly, obviously, that the club will decline because of this type of investment. It might be pure coincidence that he's been involved with failing clubs already. However, the odds don't stack in his favour. It's also not just Charlton fans who are warning us away from this guy. Bury & Swansea fans have also had their say. Arguably Swansea were actually in a similar position financially as Burnley were when the American consortium bought them.Newcastleclaret93 wrote: ↑Thu Oct 29, 2020 9:00 pmYour right BF2K the club will go under if this deal happens. It is almost 100% certain because an unsuccessful lawyer is involved.
Remember when Newcastle were getting taking over by the Saudis with Stavely involved and our fans were jealous. Stavely rap sheet is just as bad if not worst than Farnell.
As for Newcastle, I think it was more the sentiment of investment, not the people who were investing. Any right minded, unblinkered fan would rightly say Newcastle would be above Burnley in the minds of any potential investor.
What has become apparent from all this talk this week is the the current board cannot sustain running Burnley Football Club. Without (the right) investment I think we're on borrowed time in this league.
Re: ALK Capital...
Genuine question, has Farnell ever gone into a solid club and run them into the ground?
Is it more that he goes into clubs already in trouble?
Is it more that he goes into clubs already in trouble?
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Re: ALK Capital...
Think that was what Simon Jordan alluded to on Talksport. However I would still have big reservations about his involvement with our club going off what we have heard from fans of other clubs
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Re: ALK Capital...
I’m more bothered how a supposed legitimate millionaire businessman is choosing to use a lawyer with a CV like Farnells
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Re: ALK Capital...
“Football lawyer” does not at all suggest he represents the club. If he makes his clients money (even at the expense of clubs themselves), why wouldn’t an opportunist businessman choose him?Winstonswhite wrote: ↑Thu Oct 29, 2020 9:21 pmI’m more bothered how a supposed legitimate millionaire businessman is choosing to use a lawyer with a CV like Farnells
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Farnell- do we need to take action now?
Having not followed the takeover thread so much or even news, the more you read about his involvement in other clubs. The more alarming it is that this is just going under the radar.
While things are tough right now. And the relationship between manager and board is soured. That’s only a temporary situation. Both have been right for us and both have had best intentions for the last eight years. And kilby certainly did prior to that.
Without wanting to go all rovers fans and venkys, do the fans need to do everything they can to block this from happening. Or were Charlton. Bury. Wigan. Etc all too much of a basket case anyway. And we needn’t worry?
I for one think the club needs all the investment and exposure it needs.
But like we don’t want to see dyches 8 years work undone by one poor window. What would be even worse is the work done post orient 87 being completely destroyed by selling to the highest bidder.
Strange times. Particularly with us not being there.
To me it seems better the devil you know in garlick... and I’m someone who would happily entertain foreign owners.
While things are tough right now. And the relationship between manager and board is soured. That’s only a temporary situation. Both have been right for us and both have had best intentions for the last eight years. And kilby certainly did prior to that.
Without wanting to go all rovers fans and venkys, do the fans need to do everything they can to block this from happening. Or were Charlton. Bury. Wigan. Etc all too much of a basket case anyway. And we needn’t worry?
I for one think the club needs all the investment and exposure it needs.
But like we don’t want to see dyches 8 years work undone by one poor window. What would be even worse is the work done post orient 87 being completely destroyed by selling to the highest bidder.
Strange times. Particularly with us not being there.
To me it seems better the devil you know in garlick... and I’m someone who would happily entertain foreign owners.
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Re: Farnell- do we need to take action now?
And yet it seems Life Long fan Mr Garlick has been talking to him for months
Re: Farnell- do we need to take action now?
He won't pass the Premier League test if he's just failed the EFL test.
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Re: Farnell- do we need to take action now?
What exactly do you think the fans can do?
We all watched and laughed at Rovers, their lame protests, the alleged dossier of information etc.
It didn't change a thing and they all shut up when they finally twigged that the Venky's were keeping the club alive.
Same with the Utd fans and that bellend ish Love Utd Hate Glazer garbage with their yellow and green flags etc, that's been amusing on and off for years.
Normal fans don't have the money to do anything.
The club is currently owned by fans, therefore you'd expect them to ensure the club is sold on to safe hands.
We all watched and laughed at Rovers, their lame protests, the alleged dossier of information etc.
It didn't change a thing and they all shut up when they finally twigged that the Venky's were keeping the club alive.
Same with the Utd fans and that bellend ish Love Utd Hate Glazer garbage with their yellow and green flags etc, that's been amusing on and off for years.
Normal fans don't have the money to do anything.
The club is currently owned by fans, therefore you'd expect them to ensure the club is sold on to safe hands.
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Re: ALK Capital...
I find it baffling that the Mirror can say it’s done/contracts exchanged a day ago, and then the next day comes and we hear from a few people that that has not occurred, and the club don’t deny it?
I freely admit I don’t know how these procedures work so if that is idiotic, fine - I just think allowing such worrying speculation to run amok (IF it is untrue) is not the right process. If there was nothing in it a simple statement of “Reports in the media today are not correct, no further statement will be made at this time” etc would suffice.
Am I wrong?
I freely admit I don’t know how these procedures work so if that is idiotic, fine - I just think allowing such worrying speculation to run amok (IF it is untrue) is not the right process. If there was nothing in it a simple statement of “Reports in the media today are not correct, no further statement will be made at this time” etc would suffice.
Am I wrong?
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Re: Farnell- do we need to take action now?
Boycott the games for a start.
Re: Farnell- do we need to take action now?
Please, let’s not lose any sleep over this. None of us AT ALL can affect what may or will happen. All that will result from any protests is us being the laughing stock instead of Rovers or Leeds
Re: Farnell- do we need to take action now?
I think we should all stop going on the home games
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Re: Farnell- do we need to take action now?
Covid has already proven it doesn't matter if the fans are there or not.
Financially the ticket sales are negligible, which is why the season ticket prices have been held at a good price for a few years now.
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Re: Farnell- do we need to take action now?
Are you surprised he wants to sell with all the pancakes giving him stick? It was even said on here his son had to come off social media for all the abuse he was getting off Burnley fans.randomclaret2 wrote: ↑Thu Oct 29, 2020 10:07 pmAnd yet it seems Life Long fan Mr Garlick has been talking to him for months
Re: Farnell- do we need to take action now?
Maybe Garlick realised some while ago that the only way the club
could go in terms of future development would mean he'd have to sell the club.
I,f as it seems, talks have been going for some time and the value established
then he would also know that he may stand to make more than a few bob and
still possibly stay on as paid Chairman?
Given his previous statements one would hope that he's been as thorough as he could be
in ensuring that whoever takes over aren't like some others who have bought into the
some top teams and subsequently messed things up.
Only time will tell.
And it may only be a few weeks away before we know.
Be curious to see how we perform in our next few games or rather
whether we can notch up a few wins.
could go in terms of future development would mean he'd have to sell the club.
I,f as it seems, talks have been going for some time and the value established
then he would also know that he may stand to make more than a few bob and
still possibly stay on as paid Chairman?
Given his previous statements one would hope that he's been as thorough as he could be
in ensuring that whoever takes over aren't like some others who have bought into the
some top teams and subsequently messed things up.
Only time will tell.
And it may only be a few weeks away before we know.
Be curious to see how we perform in our next few games or rather
whether we can notch up a few wins.
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Re: Farnell- do we need to take action now?
I thought the picture of Bandito was a picture of Kid Creole and the coconuts
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Re: Farnell- do we need to take action now?
WoooshGodIsADeeJay81 wrote: ↑Thu Oct 29, 2020 10:23 pmCovid has already proven it doesn't matter if the fans are there or not.
Financially the ticket sales are negligible, which is why the season ticket prices have been held at a good price for a few years now.
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Re: Farnell- do we need to take action now?
I've had a long week
My point is still valid even if I missed the joke first time
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Re: ALK Capital...
You can’t refute an accurate report.
Re: Farnell- do we need to take action now?
While it’s right to be concerned as a fan there is a lot of knicker twisting going on when people aren’t in posession if the full facts. Can’t imagine any fan ‘action’ will deter Garlick from cashing in his chips to whoever he wants. There are no fans there to voice concern and his PR is abysmal.