I don't envisage it being much more than that to be honest. It's not the right time to conduct your transfer business but a couple of astute signings would help us through and then look at what's needed in the summer.
ALK Capital or Farnell/Elkashashy takeover
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Re: ALK Capital or Farnell/Elkashashy takeover
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Re: ALK Capital or Farnell/Elkashashy takeover
Means nothingClaretTony wrote: ↑Tue Dec 29, 2020 2:39 pmBoth manager and prospective new owners have confirmed they haven't spoken.
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Re: ALK Capital or Farnell/Elkashashy takeover
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Re: ALK Capital or Farnell/Elkashashy takeover
Sean Dyche will have his "wish list" but, it is doubtful that any new owner will walk in and empty their wallet on the table
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Re: ALK Capital or Farnell/Elkashashy takeover
That was the plan but apparently not, they won't have access until the deal has been concluded. I'm not reading anything into that other than the current restrictions which limits the number of guests.gandhisflipflop wrote: ↑Tue Dec 29, 2020 10:56 amCould they be at tonight’s game? I know Tony said they could be at a home game very soon. Or have I dreamt that?
Re: ALK Capital or Farnell/Elkashashy takeover
Compared to the last 3 years, it would be impossible for it to be anti-climatic, unless we signed nobody at all.fidelcastro wrote: ↑Tue Dec 29, 2020 2:11 pmHow much are people expecting us to spend in January, now that this looks like going through?
I feel some are going to have that anti climax feeling.
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Re: ALK Capital or Farnell/Elkashashy takeover
My first post on this thread. I think this is great news for our club and I just hope we see immediate financial backing for Sean Dyche. Our squad is paper thin and aging by the day. This could be a massive turning point for our immediate and medium term future: it could be be a very Happy New Year indeed.
Re: ALK Capital or Farnell/Elkashashy takeover
No he’s in talks with Blackburn
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Re: ALK Capital or Farnell/Elkashashy takeover
Welcome home Tripps
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Re: ALK Capital or Farnell/Elkashashy takeover
I get the feeling that Status Quo is the band of choice for a few posters on here
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Re: ALK Capital or Farnell/Elkashashy takeover
Trippier and Diego Costa currently boarding a private jet to Manchester!!!
Re: ALK Capital or Farnell/Elkashashy takeover
Its fantastic news. In one sense I'm a little nervous with how we are going to be run by what is a complete unknown to me, in another sense absolutely elated that we dodged the Farnell bullet/atom bomb. The club does need to be run differently if we want to be at the top table. We cant just keep being circa £35M in the black each year as that is never going to fund progression and we become stagnant and dilapidate year after year as the squad gets older. Obviously the current owners have done the best they can and you have go to take your hat of to them, but we need a fresh impetus now that can generate funds with what we have better than we have done in the past. We live in a small town in-between 3 football powerhouses and another massive city and fan base in Leeds, the footfall is not going to increase so revenue needs to be generated by dealing in champagne money and not lemonade money for advertising etc, which I hope the new owners already have one eye on , as their must be something they can see that our current owners couldn't see that was returning a cost neutral season rather than more profitable to speculate.
Re: ALK Capital or Farnell/Elkashashy takeover
Spiritualist, the Italian Derek Accora.
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Re: ALK Capital or Farnell/Elkashashy takeover
BBC Sport: Burnley takeover: ALK Capital confident of completing deal this week
By Simon Stone
Prospective Burnley owners ALK Capital are confident of completing their takeover of the club by the end of the week.
It is understood ALK managing director Alan Pace is in Lancashire to sort out the final details.
The deal may be ratified before Burnley play Fulham in a crucial Premier League game on Sunday.
Pace has passed the Premier League's owners and directors' test and intends to take a hands-on role at the club.
ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake.
It is not known what extent current Burnley chairman Mike Garlick will remain involved at Turf Moor once he has sold his near 50% stake in the club.
The news will come as a boost to Clarets boss Sean Dyche as ALK had already stated their intention to help him in next month's transfer window.
Burnley are currently 17th in the table, two points above Fulham who occupy the first relegation place. They entertain bottom club Sheffield United at Turf Moor later this evening.
https://www.bbc.co.uk/sport/football/55476276
*********************
Exciting times.
UTC
By Simon Stone
Prospective Burnley owners ALK Capital are confident of completing their takeover of the club by the end of the week.
It is understood ALK managing director Alan Pace is in Lancashire to sort out the final details.
The deal may be ratified before Burnley play Fulham in a crucial Premier League game on Sunday.
Pace has passed the Premier League's owners and directors' test and intends to take a hands-on role at the club.
ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake.
It is not known what extent current Burnley chairman Mike Garlick will remain involved at Turf Moor once he has sold his near 50% stake in the club.
The news will come as a boost to Clarets boss Sean Dyche as ALK had already stated their intention to help him in next month's transfer window.
Burnley are currently 17th in the table, two points above Fulham who occupy the first relegation place. They entertain bottom club Sheffield United at Turf Moor later this evening.
https://www.bbc.co.uk/sport/football/55476276
*********************
Exciting times.
UTC
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Re: ALK Capital or Farnell/Elkashashy takeover
When will the announcement be made on Wall Street? Thursday?
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Re: ALK Capital or Farnell/Elkashashy takeover
BBC catching up thenPaul Waine wrote: ↑Tue Dec 29, 2020 4:01 pmBBC Sport: Burnley takeover: ALK Capital confident of completing deal this week
By Simon Stone
Prospective Burnley owners ALK Capital are confident of completing their takeover of the club by the end of the week.
It is understood ALK managing director Alan Pace is in Lancashire to sort out the final details.
The deal may be ratified before Burnley play Fulham in a crucial Premier League game on Sunday.
Pace has passed the Premier League's owners and directors' test and intends to take a hands-on role at the club.
ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake.
It is not known what extent current Burnley chairman Mike Garlick will remain involved at Turf Moor once he has sold his near 50% stake in the club.
The news will come as a boost to Clarets boss Sean Dyche as ALK had already stated their intention to help him in next month's transfer window.
Burnley are currently 17th in the table, two points above Fulham who occupy the first relegation place. They entertain bottom club Sheffield United at Turf Moor later this evening.
https://www.bbc.co.uk/sport/football/55476276
*********************
Exciting times.
UTC
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Re: ALK Capital or Farnell/Elkashashy takeover
To be fair, it said "52 mins ago" when I saw it on BBC at 16:00.
So, yes, the guy who has the job of watching what Sky put out, was a little slow in responding...
To be honest, I was looking for news on Sheff Utd and their positive tests. The BBC has an article about 18 positive tests in the Premier League this week. There's a line about Sheff Utd - but nothing on their pre-match thread to say that the game doesn't go ahead.
Exciting times.
UTC
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Re: ALK Capital or Farnell/Elkashashy takeover
I just happened to have the TV on when it suddenly came up on the yellow bar. Someone on here beat me to it though.Paul Waine wrote: ↑Tue Dec 29, 2020 4:13 pmTo be fair, it said "52 mins ago" when I saw it on BBC at 16:00.
So, yes, the guy who has the job of watching what Sky put out, was a little slow in responding...
To be honest, I was looking for news on Sheff Utd and their positive tests. The BBC has an article about 18 positive tests in the Premier League this week. There's a line about Sheff Utd - but nothing on their pre-match thread to say that the game doesn't go ahead.
Exciting times.
UTC
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Re: ALK Capital or Farnell/Elkashashy takeover
Let’s hope Stoke are locked down!RalphCoatesComb wrote: ↑Tue Dec 29, 2020 2:46 pmSean Dyche will have his "wish list" but, it is doubtful that any new owner will walk in and empty their wallet on the table
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Re: ALK Capital or Farnell/Elkashashy takeover
Some people say exciting times ahead ,personally I think more on the lines of worrying times ahead.
I've only ever known Burnley being run by people that care.I hope the new owners do.Fingers crossed.
I've only ever known Burnley being run by people that care.I hope the new owners do.Fingers crossed.
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Re: ALK Capital or Farnell/Elkashashy takeover
That's a bit I don't understand yet.claretandy wrote: ↑Tue Dec 29, 2020 1:14 pmSky also said pace has passed the premier League owners test.
Pace will be a director not the owner, unless that is , ALK is funded by borrowed money and he is in control of that money.
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Re: ALK Capital or Farnell/Elkashashy takeover
The people who care are selling it to ALK.conyoviejo wrote: ↑Tue Dec 29, 2020 4:18 pmSome people say exciting times ahead ,personally I think more on the lines of worrying times ahead.
I've only ever known Burnley being run by people that care.I hope the new owners do.Fingers crossed.
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Re: ALK Capital or Farnell/Elkashashy takeover
It's the Premier League Owners and Directors test - you cannot be a director without passing that.Nonayforever wrote: ↑Tue Dec 29, 2020 4:21 pmThat's a bit I don't understand yet.
Pace will be a director not the owner, unless that is , ALK is funded by borrowed money and he is in control of that money.
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Re: ALK Capital or Farnell/Elkashashy takeover
Getting slow in your advancing years TonyClaretTony wrote: ↑Tue Dec 29, 2020 4:14 pmI just happened to have the TV on when it suddenly came up on the yellow bar. Someone on here beat me to it though.
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Re: ALK Capital or Farnell/Elkashashy takeover
Yes, I understand the test, but it's about two different positions.ClaretTony wrote: ↑Tue Dec 29, 2020 4:23 pmIt's the Premier League Owners and Directors test - you cannot be a director without passing that.
That's why the Newcastle deal fell through. Amanda Stavley passed the directors test but the 'owner' failed the test.
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Re: ALK Capital or Farnell/Elkashashy takeover
Then she could have been a director had any deal gone through. Basically each individual has to be passed be they owner or director.Nonayforever wrote: ↑Tue Dec 29, 2020 4:27 pmYes, I understand the test, but it's about two different positions.
That's why the Newcastle deal fell through. Amanda Stavley passed the directors test but the 'owner' failed the test.
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Re: ALK Capital or Farnell/Elkashashy takeover
That's great then,everything will be fine,so I've no need to worry.thanks for putting my mind at rest.
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Re: ALK Capital or Farnell/Elkashashy takeover
well, we seemingly can't rely on the fitness of either Brady or JBG, Vydra needs to leave and be replaced and we struggle creatively. Very much wishful thinking but we really could do with 3 and 2 of whom are startersClaretTony wrote: ↑Tue Dec 29, 2020 2:40 pmI don't envisage it being much more than that to be honest. It's not the right time to conduct your transfer business but a couple of astute signings would help us through and then look at what's needed in the summer.
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Re: ALK Capital or Farnell/Elkashashy takeover
I'm not suggesting that, but you surely can't be happy at the reported fall outs and the way the club has been going under the control of those you say care.conyoviejo wrote: ↑Tue Dec 29, 2020 4:33 pmThat's great then,everything will be fine,so I've no need to worry.thanks for putting my mind at rest.
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Re: ALK Capital or Farnell/Elkashashy takeover
You obviously think they care about the club and trust that they do, yet you don’t appear to trust the same people to find a suitable successor?conyoviejo wrote: ↑Tue Dec 29, 2020 4:33 pmThat's great then,everything will be fine,so I've no need to worry.thanks for putting my mind at rest.
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Re: ALK Capital or Farnell/Elkashashy takeover
Chris Boden suggesting there will be a pre recorded interview with the new Chairman on club channels before the Fulham game
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Re: ALK Capital or Farnell/Elkashashy takeover
Presumably the folks who ran the club to the point of extinction in the 80s cared, it was just that they had a funny way of showing it..conyoviejo wrote: ↑Tue Dec 29, 2020 4:18 pmSome people say exciting times ahead ,personally I think more on the lines of worrying times ahead.
I've only ever known Burnley being run by people that care.I hope the new owners do.Fingers crossed.
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Re: ALK Capital or Farnell/Elkashashy takeover
You’d think that somebody called “Simon Stone” would be a bit more on the ball when it came to breaking news related to Burnley
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Re: ALK Capital or Farnell/Elkashashy takeover
I will always be convinced that being chairman became more important to Teasdale than the club.randomclaret2 wrote: ↑Tue Dec 29, 2020 4:38 pmPresumably the folks who ran the club to the point of extinction in the 80s cared, it was just that they had a funny way of showing it..
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Re: ALK Capital or Farnell/Elkashashy takeover
I'd not even picked up on that. I'll keep an eye out for him in future, I bet he's a good Read.
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Re: ALK Capital or Farnell/Elkashashy takeover
I live in America. One of the most corrupt country’s on earth. I know nothing about the buyers either as a company or as individuals. I hope the sellers have done their due diligence then done it again and just for good luck done it again. Hopefully Burnley FC will soon be in the hands of a fine and reputable company who will have nothing but good intent. Time will tell
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Re: ALK Capital or Farnell/Elkashashy takeover
as Tony and DJW etc have pointed out many times, the PL has a product to protect, they no longer let just anybody buy a club - lessons have be learned it seems and hopefully we will be the beneficiaries of itFCBurnley wrote: ↑Tue Dec 29, 2020 4:42 pmI live in America. One of the most corrupt country’s on earth. I know nothing about the buyers either as a company or as individuals. I hope the sellers have done their due diligence then done it again and just for good luck done it again. Hopefully Burnley FC will soon be in the hands of a fine and reputable company who will have nothing but good intent. Time will tell
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Re: ALK Capital or Farnell/Elkashashy takeover
No I'm not at all happy of what has being going on at our club and change was needed.The thing is I'm just not a fan of American owners being in charge. Anyway hopefully onwards and upwards Tony as like you say something had to be done.ClaretTony wrote: ↑Tue Dec 29, 2020 4:35 pmI'm not suggesting that, but you surely can't be happy at the reported fall outs and the way the club has been going under the control of those you say care.
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Re: ALK Capital or Farnell/Elkashashy takeover
Won't be long before we all find out mate.. Hope I'm worrying about nothing.gandhisflipflop wrote: ↑Tue Dec 29, 2020 4:35 pmYou obviously think they care about the club and trust that they do, yet you don’t appear to trust the same people to find a suitable successor?
Re: ALK Capital or Farnell/Elkashashy takeover
Indeed they do have a product to protect. As I said time will tellVegas Claret wrote: ↑Tue Dec 29, 2020 4:46 pmas Tony and DJW etc have pointed out many times, the PL has a product to protect, they no longer let just anybody buy a club - lessons have be learned it seems and hopefully we will be the beneficiaries of it
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Re: ALK Capital or Farnell/Elkashashy takeover
The takeover is finally moving at A Pace !
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Re: ALK Capital or Farnell/Elkashashy takeover
I took a lot of advice when I was investigating Farnell and was told from various sources that the Premier League have a very robust owners & directors test, unlike the Football League.Vegas Claret wrote: ↑Tue Dec 29, 2020 4:46 pmas Tony and DJW etc have pointed out many times, the PL has a product to protect, they no longer let just anybody buy a club - lessons have be learned it seems and hopefully we will be the beneficiaries of it
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Re: ALK Capital or Farnell/Elkashashy takeover
There's no reason to suspect the new owners have anything other than good intentions, bit like you I'm fingers crossed.conyoviejo wrote: ↑Tue Dec 29, 2020 4:18 pmSome people say exciting times ahead ,personally I think more on the lines of worrying times ahead.
I've only ever known Burnley being run by people that care.I hope the new owners do.Fingers crossed.
With Mike Garlick we knew where we were, with the takeover we are on a magic carpet ride to God knows where.
Fingers
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Re: ALK Capital or Farnell/Elkashashy takeover
I can understand that. I'm nervous about it but also excited because we were heading one way only under the current regime with Dyche certainly not set to be here much longer.conyoviejo wrote: ↑Tue Dec 29, 2020 4:48 pmNo I'm not at all happy of what has being going on at our club and change was needed.The thing is I'm just not a fan of American owners being in charge. Anyway hopefully onwards and upwards Tony as like you say something had to be done.
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Re: ALK Capital or Farnell/Elkashashy takeover
Has it happened? I'm being lazy and can't be ar£ed going back over the thread
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Re: ALK Capital or Farnell/Elkashashy takeover
Just American or all foreign owners?conyoviejo wrote: ↑Tue Dec 29, 2020 4:48 pmNo I'm not at all happy of what has being going on at our club and change was needed.The thing is I'm just not a fan of American owners being in charge. Anyway hopefully onwards and upwards Tony as like you say something had to be done.
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Re: ALK Capital or Farnell/Elkashashy takeover
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Re: ALK Capital or Farnell/Elkashashy takeover
I get the feeling if Jeff Bezos took over and handed the manager 200 million every transfer window and we went on to win the league certain people would still be unhappy
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