Not sure what you are referring to and certainly don’t know why anyone should like your post
ALK Capital or Farnell/Elkashashy takeover
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Re: ALK Capital or Farnell/Elkashashy takeover
Well we will find out next week ....ClaretTony wrote: ↑Sat Dec 12, 2020 3:51 pm
Clearly but his report is not accurate in terms of staff having been informed.
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Re: ALK Capital or Farnell/Elkashashy takeover
I’ve already posted. Something might have changed and it might go through next week but there is content in that article which is not accurate.
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Re: ALK Capital or Farnell/Elkashashy takeover
Well if it goes through next week I'd say the article is very accurate
Re: ALK Capital or Farnell/Elkashashy takeover
Because we all see you bemoaning negative posts towards you then you post something will encourage such posts.ClaretTony wrote: ↑Sat Dec 12, 2020 3:52 pmNot sure what you are referring to and certainly don’t know why anyone should like your post
A professional football reporter will have reported in good faith based on his information that he has received. It appears that the people you have spoken to have a different take on things, it certainly doesn’t mean that he is categorically wrong and you are right. That’s the attitude that attracts negative comments towards you.
For the record I understand that this is signed and awaiting PL approval, my source may be wrong and yours could be right when they tell you that it’s been delayed. I know that neither you or I have contacts at the level to know 100% therefore we will just have to wait and see.
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Re: ALK Capital or Farnell/Elkashashy takeover
All I have said is the staff haven’t been informed and he is incorrect in that assumption. There will be senior staff who will know where the deal is in terms of progress admittedly.MRG wrote: ↑Sat Dec 12, 2020 4:02 pmBecause we all see you bemoaning negative posts towards you then you post something will encourage such posts.
A professional football reporter will have reported in good faith based on his information that he has received. It appears that the people you have spoken to have a different take on things, it certainly doesn’t mean that he is categorically wrong and you are right. That’s the attitude that attracts negative comments towards you.
For the record I understand that this is signed and awaiting PL approval, my source may be wrong and yours could be right when they tell you that it’s been delayed. I know that neither you or I have contacts at the level to know 100% therefore we will just have to wait and see.
I’m not going to say he’s got it right when I know he’s got something wrong.
Re: ALK Capital or Farnell/Elkashashy takeover
*Based on the few staff that you have spoken too, it is impossible for you to state that he is incorrect that no staff have been told. Obviously presuming you haven’t spoken to every member of staff at the clubClaretTony wrote: ↑Sat Dec 12, 2020 4:06 pmAll I have said is the staff haven’t been informed and he is incorrect in that assumption.
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Re: ALK Capital or Farnell/Elkashashy takeover
How do we know certain members of staff have been informed ..but others haven't...maybe your sources are not in the loop?ClaretTony wrote: ↑Sat Dec 12, 2020 4:06 pmAll I have said is the staff haven’t been informed and he is incorrect in that assumption. There will be senior staff who will know where the deal is in terms of progress admittedly.
I’m not going to say he’s got it right when I know he’s got something wrong.
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Re: ALK Capital or Farnell/Elkashashy takeover
Fine. I know what I know. I think finally I will stay off this thread.
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Re: ALK Capital or Farnell/Elkashashy takeover
The reporter, like most modern journalism didn't mention specifics. So nobody can prove it right or wrong.ClaretTony wrote: ↑Sat Dec 12, 2020 4:06 pmAll I have said is the staff haven’t been informed and he is incorrect in that assumption. There will be senior staff who will know where the deal is in terms of progress admittedly.
I’m not going to say he’s got it right when I know he’s got something wrong.
I think they get taught by the psychic in Pheonix Nights.
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Re: ALK Capital or Farnell/Elkashashy takeover
Why would you want to stay off this thread ??...football is all about opinions . No one is having a go .I'm really excited by all this takeover talk and think it could take us to the next level ...ClaretTony wrote: ↑Sat Dec 12, 2020 4:11 pmFine. I know what I know. I think finally I will stay off this thread.
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Re: ALK Capital or Farnell/Elkashashy takeover
I'm looking forward to it too, if it's ALK, but we'll know when we know and that's all there is to it.
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Re: ALK Capital or Farnell/Elkashashy takeover
I’ve never been in the know and have never claimed to be, however the information I have received is the deal was signed off last week pending PL approval which should be this week. I’m not sure where CT is getting the delay from unless he means PL approval delay?
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Re: ALK Capital or Farnell/Elkashashy takeover
Fingers crossed it is completed next week hopefully to go with an away win or two!
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Re: ALK Capital or Farnell/Elkashashy takeover
Exactly the same as what I’ve been told.KRBFC wrote: ↑Sat Dec 12, 2020 4:27 pmI’ve never been in the know and have never claimed to be, however the information I have received is the deal was signed off last week pending PL approval which should be this week. I’m not sure where CT is getting the delay from unless he means PL approval delay?
My ‘source’ is a club employee and is involved with the finance side of the club. The information that I sometimes get, is always spot on. If you check back through my posts on this thread they have proven to be correct on every occasion so far.
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Re: ALK Capital or Farnell/Elkashashy takeover
I don't care who is in the know, so long as the bit about it being signed off is bloody correct! It sometimes feel like pot luck as to whether to believe posters as we've had the likes of Wellsy and MarlonsPants.
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Re: ALK Capital or Farnell/Elkashashy takeover
The problem CT is as I stated earlier in this thread you have stated that someone high up told a supporters group what was going on, but as ordinary supporters we are not privy to this information. I think this is why a few people are getting a bit uppity with you
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Re: ALK Capital or Farnell/Elkashashy takeover
So basically what DJW was sayingKRBFC wrote: ↑Sat Dec 12, 2020 4:27 pmI’ve never been in the know and have never claimed to be, however the information I have received is the deal was signed off last week pending PL approval which should be this week. I’m not sure where CT is getting the delay from unless he means PL approval delay?
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Re: ALK Capital or Farnell/Elkashashy takeover
I said someone senior had told a supporters group, didn’t say he’d told me. I can confirm there was another regular poster from this board there at the time when it was said. I probably shouldn’t have posted it really because I’m restricted in what I’m allowed to say from that meeting but I thought it was right that I passed on the info. Why anyone should get uppity I really don’t know but it’s not just me on this thread who is being targeted.claret3561 wrote: ↑Sat Dec 12, 2020 4:38 pmThe problem CT is as I stated earlier in this thread you have stated that someone high up told a supporters group what was going on, but as ordinary supporters we are not privy to this information. I think this is why a few people are getting a bit uppity with you
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Re: ALK Capital or Farnell/Elkashashy takeover
As far as Im concerned all contributions from posters who have any genuine information to pass on , be that a snippet or something more substantial, are to be welcomed. We're all on the same side here and all want the best for Burnley FC.
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Re: ALK Capital or Farnell/Elkashashy takeover
CT, at said meeting was there any discussion about ALK’s plans? Again, not asking you to divulge if the detail, just wondering if any detail has been shared.ClaretTony wrote: ↑Sat Dec 12, 2020 4:45 pm
I said someone senior had told a supporters group, didn’t say he’d told me. I can confirm there was another regular poster from this board there at the time when it was said. I probably shouldn’t have posted it really because I’m restricted in what I’m allowed to say from that meeting but I thought it was right that I passed on the info. Why anyone should get uppity I really don’t know but it’s not just me on this thread who is being targeted.
You seem much more comfortable with the ALK bid than the Egyptian/Farnell one.
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Re: ALK Capital or Farnell/Elkashashy takeover
I can answer your question easily with a no. There was no mention of ALK or anyone just that a takeover was progressing, wouldn’t be this side of Christmas, probably January. That was admittedly four days ago.
I don’t know too much about ALK other than them already having non sporting interests in the county. What I have heard sounds positive. They appear to be football people with plans to grow the club in different areas.
The Elkashashy/Farnell option frightened me because of Farnell. The information I’ve collected on him had me very worried. Last weekend I heard a suggestion that they were back in but thankfully it was not the case.
Should ALK buy the club it could prove to be a major concern for us but I’ve picked up enough to have some confidence that it would be more than ok.
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Re: ALK Capital or Farnell/Elkashashy takeover
The takeover should have gone through last week but still dealing with issues with garlick who wants the CEO, should be done next week, believe certain directors have lost money with their shares
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Re: ALK Capital or Farnell/Elkashashy takeover
So we have Tony saying it's not going to happen until next year and some saying it'll happen next week.
I'll be a pessimistic bugger and go with mid-January. The problem there is, would Garlick allow us to sign players before it goes through? Would he let Dyche buy players with the confidence that it won't have any negative effect on the takeover?
I'll be a pessimistic bugger and go with mid-January. The problem there is, would Garlick allow us to sign players before it goes through? Would he let Dyche buy players with the confidence that it won't have any negative effect on the takeover?
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Re: ALK Capital or Farnell/Elkashashy takeover
How can they lose money with their shares if the clubs being sold for circa £200 million?sykeclaret wrote: ↑Sat Dec 12, 2020 5:08 pmThe takeover should have gone through last week but still dealing with issues with garlick who wants the CEO, should be done next week, believe certain directors have lost money with their shares
Do we know what they paid for them?
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Re: ALK Capital or Farnell/Elkashashy takeover
If the takeover is virtually done new owners can advance money for signings on the proviso it's paid back if the takeover suddenly collapses.FactualFrank wrote: ↑Sat Dec 12, 2020 5:12 pmSo we have Tony saying it's not going to happen until next year and some saying it'll happen next week.
I'll be a pessimistic bugger and go with mid-January. The problem there is, would Garlick allow us to sign players before it goes through? Would he let Dyche buy players with the confidence that it won't have any negative effect on the takeover?
It's been done before at other clubs.
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Re: ALK Capital or Farnell/Elkashashy takeover
I think I've explained it now a couple of posts above yours. Information given out four days ago.FactualFrank wrote: ↑Sat Dec 12, 2020 5:12 pmSo we have Tony saying it's not going to happen until next year and some saying it'll happen next week.
I'll be a pessimistic bugger and go with mid-January. The problem there is, would Garlick allow us to sign players before it goes through? Would he let Dyche buy players with the confidence that it won't have any negative effect on the takeover?
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Re: ALK Capital or Farnell/Elkashashy takeover
Interesting. I hope that's the case and we can bring in 2-3 quality players.GodIsADeeJay81 wrote: ↑Sat Dec 12, 2020 5:13 pmIf the takeover is virtually done new owners can advance money for signings on the proviso it's paid back if the takeover suddenly collapses.
It's been done before at other clubs.
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Re: ALK Capital or Farnell/Elkashashy takeover
I still think we’ll have enough cash in the bank to buy players without a takeover. I reckon we just held off in summer because we know ALK will target better players when they arrive.FactualFrank wrote: ↑Sat Dec 12, 2020 5:18 pmInteresting. I hope that's the case and we can bring in 2-3 quality players.
Hopefully it’s done before January but if not, I hope they’re working together on the squad strengthening. Wouldn’t be in anyone’s interests to let another window pass.
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Re: ALK Capital or Farnell/Elkashashy takeover
If there has been a change that required resubmission of the fit and proper test that would trigger the different views on completion, and lack of clarity as to how many steps have to be retraced.
It may be different takes on the same correct info.
It may be different takes on the same correct info.
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Re: ALK Capital or Farnell/Elkashashy takeover
The owners & directors test is basically a check on whether any potential new directors are acceptable and also whether the new owners have proof of funding. At what point that is done I don’t know but I would assume after there is agreement on the deal. I’m led to believe it won’t be a problem.elwaclaret wrote: ↑Sat Dec 12, 2020 6:06 pmIf there has been a change that required resubmission of the fit and proper test that would trigger the different views on completion, and lack of clarity as to how many steps have to be retraced.
It may be different takes on the same correct info.
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Re: ALK Capital or Farnell/Elkashashy takeover
Just thinking, It could be that someone else as emerged that would take up a leading role going forward within the firm, that is leading to amendments in paperwork. Purely reading between the lines, but they would then have to touch base with the league again and so a delay of days or weeks as a result of where they start with any change and the different opinions are as to how long...ClaretTony wrote: ↑Sat Dec 12, 2020 6:11 pmThe owners & directors test is basically a check on whether any potential new directors are acceptable and also whether the new owners have proof of funding. At what point that is done I don’t know but I would assume after there is agreement on the deal. I’m led to believe it won’t be a problem.
It may mean additional know-how and finance... if so as long as SD can move into the second half of the season happy they can keep as close to the chest as Bob Lord’s wallet... so long as they get it right and let us know.
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Re: ALK Capital or Farnell/Elkashashy takeover
Maybe the bloke from the hut.com is getting involvedelwaclaret wrote: ↑Sat Dec 12, 2020 6:23 pmJust thinking, It could be that someone else as emerged that would take up a leading role going forward within the firm, that is leading to amendments in paperwork. Purely reading between the lines, but they would then have to touch base with the league again and so a delay of days or weeks as a result of where they start with any change and the different opinions are as to how long...
It may mean additional know-how and finance... if so as long as SD can move into the second half of the season happy they can keep as close to the chest as Bob Lord’s wallet... so long as they get it right and let us know.
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Re: ALK Capital or Farnell/Elkashashy takeover
I could think of a dozen people that it could be.... off the top of my head and I’ve been out of the loop a long time. Which I mention only as to clarify it would be pure speculation on my part to even mention names.Claret Till I Die wrote: ↑Sat Dec 12, 2020 6:25 pmMaybe the bloke from the hut.com is getting involved
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Re: ALK Capital or Farnell/Elkashashy takeover
Nothing involving the Premier League.elwaclaret wrote: ↑Sat Dec 12, 2020 6:23 pmJust thinking, It could be that someone else as emerged that would take up a leading role going forward within the firm, that is leading to amendments in paperwork. Purely reading between the lines, but they would then have to touch base with the league again and so a delay of days or weeks as a result of where they start with any change and the different opinions are as to how long...
It may mean additional know-how and finance... if so as long as SD can move into the second half of the season happy they can keep as close to the chest as Bob Lord’s wallet... so long as they get it right and let us know.
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Re: ALK Capital or Farnell/Elkashashy takeover
maybe with the takeover they are buying only garlicks shares at 53% , hence the delay with him being the new CEO, I heard Brian nelson would lose a few million on the dealsykeclaret wrote: ↑Sat Dec 12, 2020 5:08 pmThe takeover should have gone through last week but still dealing with issues with garlick who wants the CEO, should be done next week, believe certain directors have lost money with their shares
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Re: ALK Capital or Farnell/Elkashashy takeover
MRG wrote: ↑Sat Dec 12, 2020 4:02 pmBecause we all see you bemoaning negative posts towards you then you post something will encourage such posts.
A professional football reporter will have reported in good faith based on his information that he has received. It appears that the people you have spoken to have a different take on things, it certainly doesn’t mean that he is categorically wrong and you are right. That’s the attitude that attracts negative comments towards you.
For the record I understand that this is signed and awaiting PL approval, my source may be wrong and yours could be right when they tell you that it’s been delayed. I know that neither you or I have contacts at the level to know 100% therefore we will just have to wait and see.
Like I’ve said, I was told it was signed, but both parties, in an office in Knightsbridge, a week last Friday.
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Re: ALK Capital or Farnell/Elkashashy takeover
ClaretTony wrote: ↑Sat Dec 12, 2020 5:05 pmI can answer your question easily with a no. There was no mention of ALK or anyone just that a takeover was progressing, wouldn’t be this side of Christmas, probably January. That was admittedly four days ago.
I don’t know too much about ALK other than them already having non sporting interests in the county. What I have heard sounds positive. They appear to be football people with plans to grow the club in different areas.
The Elkashashy/Farnell option frightened me because of Farnell. The information I’ve collected on him had me very worried. Last weekend I heard a suggestion that they were back in but thankfully it was not the case.
Should ALK buy the club it could prove to be a major concern for us but I’ve picked up enough to have some confidence that it would be more than ok.
I was widely laughed at to suggest that the new owners were looking to exploit goings on in the wider area, the northern powerhouse, and so on. Now it seems this is accepted and a sound business model....
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Re: ALK Capital or Farnell/Elkashashy takeover
So why would they wait so long to announce it?Danieljwaterhouse wrote: ↑Sat Dec 12, 2020 6:48 pmLike I’ve said, I was told it was signed, but both parties, in an office in Knightsbridge, a week last Friday.
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Re: ALK Capital or Farnell/Elkashashy takeover
I for one appreciate all the input by the likes of CT, DJW etc. Even if something turns out to be incorrect in the final reckoning I believe that these lads are posting in good faith at the time they have their info. I don't understand the need to have an award ceremony for who said what first though etc.
We should all be very bloody excited about the takeover especially given the research CT has done on ALK
Keep up the good work gents.
We should all be very bloody excited about the takeover especially given the research CT has done on ALK
Keep up the good work gents.
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Re: ALK Capital or Farnell/Elkashashy takeover
I’ve no idea
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Re: ALK Capital or Farnell/Elkashashy takeover
I don’t know Daniel but despite a sometimes fractious relationship at times with CT we’ve known each other far too long for us to ever fall out. I know if CT tells you anything it is because he himself believes it, whatever anyone says about him.Vegas Claret wrote: ↑Sat Dec 12, 2020 6:53 pmI for one appreciate all the input by the likes of CT, DJW etc. Even if something turns out to be incorrect in the final reckoning I believe that these lads are posting in good faith at the time they have their info. I don't understand the need to have an award ceremony for who said what first though etc.
We should all be very bloody excited about the takeover especially given the research CT has done on ALK
Keep up the good work gents.
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Re: ALK Capital or Farnell/Elkashashy takeover
Premier League sign off apparently
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Re: ALK Capital or Farnell/Elkashashy takeover
My worst fear is that CF has put a legal spanner in the works, which has been my greatest fear all along. I really hope that i am way off the mark.
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Re: ALK Capital or Farnell/Elkashashy takeover
How would Chris Farnell be able to interfere in a business deal between two other parties?Nonayforever wrote: ↑Sat Dec 12, 2020 7:18 pmMy worst fear is that CF has put a legal spanner in the works, which has been my greatest fear all along. I really hope that i am way off the mark.
Re: ALK Capital or Farnell/Elkashashy takeover
Absolutely agree and couldn't have put it better, and the best post on this thread for me.Vegas Claret wrote: ↑Sat Dec 12, 2020 6:53 pmI for one appreciate all the input by the likes of CT, DJW etc. Even if something turns out to be incorrect in the final reckoning I believe that these lads are posting in good faith at the time they have their info. I don't understand the need to have an award ceremony for who said what first though etc.
We should all be very bloody excited about the takeover especially given the research CT has done on ALK
Keep up the good work gents.
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Re: ALK Capital or Farnell/Elkashashy takeover
This isn’t a tender process. The sellers can ask for whatever price they want.Nonayforever wrote: ↑Sat Dec 12, 2020 7:24 pmIf bid A was £180m
Bid B £200m
Then bid A goes up to £200m I would assume CF has a strong case that the sellers have disclosed confidential information.
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Re: ALK Capital or Farnell/Elkashashy takeover
I wouldn’t worryNonayforever wrote: ↑Sat Dec 12, 2020 7:24 pmIf bid A was £180m
Bid B £200m
Then bid A goes up to £200m I would assume CF has a strong case that the sellers have disclosed confidential information.
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