ALK Capital or Farnell/Elkashashy takeover

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scouseclaret
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Re: ALK Capital...

Post by scouseclaret » Thu Oct 29, 2020 7:18 pm

...and you keep on claiming you didn’t say stuff that you very clearly did.

Juan Tanamera
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Re: ALK Capital...

Post by Juan Tanamera » Thu Oct 29, 2020 7:20 pm

There are one or two interesting posts on this thread, in between the squabbling.
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Hedontplayforyou
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Re: ALK Capital...

Post by Hedontplayforyou » Thu Oct 29, 2020 7:20 pm

Squabbling again taking over what is, for many of us a very serious thread.

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Re: ALK Capital...

Post by scouseclaret » Thu Oct 29, 2020 7:22 pm

Juan Tanamera wrote:
Thu Oct 29, 2020 7:20 pm
There are one or two interesting posts on this thread, in between the squabbling.
Yeah, sorry.

TVC15
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Re: ALK Capital...

Post by TVC15 » Thu Oct 29, 2020 7:23 pm

scouseclaret wrote:
Thu Oct 29, 2020 7:18 pm
...and you keep on claiming you didn’t say stuff that you very clearly did.
That promise lasted all of 2 minutes
Just post what it is you think I said and I am now saying I didn’t rather chirping like a little schoolgirl.

randomclaret2
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Re: ALK Capital...

Post by randomclaret2 » Thu Oct 29, 2020 7:24 pm

Oh dear...
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TVC15
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Re: ALK Capital...

Post by TVC15 » Thu Oct 29, 2020 7:24 pm

Actually don’t bother - apologies to other posters

scouseclaret
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Re: ALK Capital...

Post by scouseclaret » Thu Oct 29, 2020 7:27 pm

TVC15 wrote:
Thu Oct 29, 2020 7:24 pm
Actually don’t bother - apologies to other posters
I won’t, because it’s perfectly clear from my 7.29pm post - you just chose to ignore that bit.

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Re: ALK Capital...

Post by Hedontplayforyou » Thu Oct 29, 2020 7:29 pm

scouseclaret wrote:
Thu Oct 29, 2020 7:27 pm
I won’t, because it’s perfectly clear from my 7.29pm post - you just chose to ignore that bit.
Come on lads enough of the flirting, if you insist on fluttering you’re eyelashes at one another then do it privately perhaps?

That’s a good couple of lads .
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Nonayforever
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Re: ALK Capital...

Post by Nonayforever » Thu Oct 29, 2020 7:34 pm

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.

Grumps
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Re: ALK Capital...

Post by Grumps » Thu Oct 29, 2020 7:37 pm

tvc spoils yet another thread, shock, horror.
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Chester Perry
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Re: ALK Capital...

Post by Chester Perry » Thu Oct 29, 2020 7:37 pm

Vegas Claret wrote:
Thu Oct 29, 2020 6:43 pm
snippet from Simon Jordan
https://twitter.com/talkSPORT/status/13 ... 56930?s=20
full piece here from 9 minutes in

https://talksport.com/radio/listen-again/1603965600/

TVC15
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Re: ALK Capital...

Post by TVC15 » Thu Oct 29, 2020 7:39 pm

Grumps wrote:
Thu Oct 29, 2020 7:37 pm
tvc spoils yet another thread, shock, horror.
Here comes the sad old troll...couldn’t help himself.

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Re: ALK Capital...

Post by Steddyman » Thu Oct 29, 2020 7:42 pm

Chester Perry wrote:
Thu Oct 29, 2020 7:37 pm
full piece here from 9 minutes in

https://talksport.com/radio/listen-again/1603965600/
This bit is really funny about Burnley spending money :)

https://twitter.com/talkSPORT/status/13 ... 83234?s=20

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Re: ALK Capital...

Post by Colburn_Claret » Thu Oct 29, 2020 7:57 pm

Chester Perry wrote:
Thu Oct 29, 2020 4:55 pm
we 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
Predictive texting, seriously :lol: :lol:

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Re: ALK Capital...

Post by joey13 » Thu Oct 29, 2020 7:57 pm

Not sure Goughy entirely understands the situation :shock:

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Re: ALK Capital...

Post by randomclaret2 » Thu Oct 29, 2020 7:59 pm

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...

Post by Vegas Claret » Thu Oct 29, 2020 8:05 pm

Chester Perry wrote:
Thu Oct 29, 2020 7:37 pm
full piece here from 9 minutes in

https://talksport.com/radio/listen-again/1603965600/
Cheers 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...

Post by Steddyman » Thu Oct 29, 2020 8:08 pm

Vegas Claret wrote:
Thu Oct 29, 2020 8:05 pm
Cheers CP I'll give it a listen, I rate Jordan when it comes to this side of things
He seems very comfortable with the situation. That was a good listen. Thanks

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Re: ALK Capital...

Post by Newcastleclaret93 » Thu Oct 29, 2020 8:13 pm

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...

Post by Wile E Coyote » Thu Oct 29, 2020 8:51 pm

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 ?

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Re: ALK Capital...

Post by bf2k » Thu Oct 29, 2020 8:55 pm

Newcastleclaret93 wrote:
Thu Oct 29, 2020 8:13 pm
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
Look at the evidence from other clubs this lawyer has been involved with! They've gone under!!!

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...

Post by Newcastleclaret93 » Thu Oct 29, 2020 9:00 pm

bf2k wrote:
Thu Oct 29, 2020 8:55 pm
Look at the evidence from other clubs this lawyer has been involved with! They've gone under!!!

I want investment as much as the next guy (the club needs it) but only the right investment.
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.

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Re: ALK Capital...

Post by TVC15 » Thu Oct 29, 2020 9:02 pm

Wile E Coyote wrote:
Thu Oct 29, 2020 8:51 pm
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 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.
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...

Post by bf2k » Thu Oct 29, 2020 9:08 pm

Newcastleclaret93 wrote:
Thu Oct 29, 2020 9:00 pm
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.
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.

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.

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Re: ALK Capital...

Post by MRG » Thu Oct 29, 2020 9:09 pm

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?

prettygreenclaret
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Re: ALK Capital...

Post by prettygreenclaret » Thu Oct 29, 2020 9:16 pm

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

Winstonswhite
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Re: ALK Capital...

Post by Winstonswhite » Thu Oct 29, 2020 9:21 pm

I’m more bothered how a supposed legitimate millionaire businessman is choosing to use a lawyer with a CV like Farnells :shock:
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Re: ALK Capital...

Post by Steve-Harpers-perm » Thu Oct 29, 2020 9:24 pm

MRG wrote:
Thu Oct 29, 2020 9:09 pm
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?
Maybe there is a reason he’s been involved in clubs that are in trouble...

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Re: ALK Capital...

Post by SGr » Thu Oct 29, 2020 9:32 pm

Winstonswhite wrote:
Thu Oct 29, 2020 9:21 pm
I’m more bothered how a supposed legitimate millionaire businessman is choosing to use a lawyer with a CV like Farnells :shock:
“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?

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Re: ALK Capital...

Post by brexit » Thu Oct 29, 2020 9:55 pm

https://www.90min.com/posts/the-signing ... es-through

fancy the Russian as an upgrade on Barnes

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Farnell- do we need to take action now?

Post by cricketfieldclarets » Thu Oct 29, 2020 10:03 pm

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.

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Re: Farnell- do we need to take action now?

Post by randomclaret2 » Thu Oct 29, 2020 10:07 pm

And yet it seems Life Long fan Mr Garlick has been talking to him for months

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Re: Farnell- do we need to take action now?

Post by fanzone » Thu Oct 29, 2020 10:17 pm

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?

Post by Wellsy1882 » Thu Oct 29, 2020 10:19 pm

fanzone wrote:
Thu Oct 29, 2020 10:17 pm
He won't pass the Premier League test if he's just failed the EFL test.
I thought that
Newcastles takeover seemed more viable and that failed at this

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Re: Farnell- do we need to take action now?

Post by GodIsADeeJay81 » Thu Oct 29, 2020 10:20 pm

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.

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Re: ALK Capital...

Post by jedi_master » Thu Oct 29, 2020 10:21 pm

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?

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Re: Farnell- do we need to take action now?

Post by cricketfieldclarets » Thu Oct 29, 2020 10:21 pm

GodIsADeeJay81 wrote:
Thu Oct 29, 2020 10:20 pm
What exactly do you think the fans can do?
Boycott the games for a start.

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Re: Farnell- do we need to take action now?

Post by Zlatan » Thu Oct 29, 2020 10:22 pm

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

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Re: Farnell- do we need to take action now?

Post by Damo » Thu Oct 29, 2020 10:22 pm

I think we should all stop going on the home games

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Re: Farnell- do we need to take action now?

Post by Bosscat » Thu Oct 29, 2020 10:23 pm


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Re: Farnell- do we need to take action now?

Post by GodIsADeeJay81 » Thu Oct 29, 2020 10:23 pm

cricketfieldclarets wrote:
Thu Oct 29, 2020 10:21 pm
Boycott the games for a start.
:lol: 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?

Post by Quickenthetempo » Thu Oct 29, 2020 10:25 pm

randomclaret2 wrote:
Thu Oct 29, 2020 10:07 pm
And yet it seems Life Long fan Mr Garlick has been talking to him for months
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.

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Re: Farnell- do we need to take action now?

Post by Zlatan » Thu Oct 29, 2020 10:27 pm

Damo wrote:
Thu Oct 29, 2020 10:22 pm
I think we should all stop going on the home games
I knew it was a good idea weeks ago ;)
Zlatan wrote:
Mon Oct 05, 2020 7:54 pm
I’d boycott the home games...

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Re: Farnell- do we need to take action now?

Post by jurek » Thu Oct 29, 2020 10:33 pm

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.

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Re: Farnell- do we need to take action now?

Post by Nonayforever » Thu Oct 29, 2020 10:36 pm

Bosscat wrote:
Thu Oct 29, 2020 10:23 pm
https://theefl.co.uk/chris-farnell
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?

Post by cricketfieldclarets » Thu Oct 29, 2020 10:38 pm

GodIsADeeJay81 wrote:
Thu Oct 29, 2020 10:23 pm
:lol: 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.
Wooosh :D

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Re: Farnell- do we need to take action now?

Post by GodIsADeeJay81 » Thu Oct 29, 2020 10:40 pm

cricketfieldclarets wrote:
Thu Oct 29, 2020 10:38 pm
Wooosh :D
I've had a long week :lol:

My point is still valid even if I missed the joke first time

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Re: ALK Capital...

Post by Danieljwaterhouse » Thu Oct 29, 2020 10:59 pm

You can’t refute an accurate report.

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Re: Farnell- do we need to take action now?

Post by Boss Hogg » Thu Oct 29, 2020 11:01 pm

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.

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