BenWickes wrote: ↑

Wed Sep 23, 2020 7:05 pm

I'd guess there'd be an announcement by Friday. Which is when I initially expected it.

How much wealth does the guy have thats rumoured to be interested?

Wile E Coyote wrote: ↑

Wed Sep 23, 2020 5:50 pm

how would a company such as ALK expect to see a return for their investors over a specific timeframe ?

Fosun took over Wolves in 2016 and stated they wanted to be in the champions league within 5 years I think it was.
An outstanding season this time round, plus other things going their way, could see them achieving that goal.

They knew they'd have to put some money into the club, but had long term goals put in place and it seems like its working.

DCWat wrote: ↑

Wed Sep 23, 2020 7:02 pm

So, considering this is now public, and a couple of days sooner than expected, how quickly might we expect this to progress further?

Bear in mind DCWat. I was told about this a week ago. I actually was misinformed on the announcement date or I misread it as I was watching us play Sheff Utd. I knew there was a big announcement coming and today when the Wilson news broke. I thought. Finally! You know how it goes. Totally understandable btw. 'What does he know?' 'Bullsh*tter' etc.
Anyway. I expected it personally this Friday. Knowing Burnley FC if they had their way it'd be with a video of Garlick in a loin cloth as a Roman Emperor surrendering his crown.

You’re not painting a nice picture

Chester Perry wrote: ↑

Wed Sep 23, 2020 6:54 pm

Colburn - my immediate reaction to what you have said - not judging just a different perspective

- most clubs who have got into some kind of financial mess are owned by An individual with mega bucks to spare
- an investment company, that you presume wants to make money, is likely to be much more disciplined (especially when it has associated technology interests that could suffer negatively from a club being run poorly
- Newcastle bid was about the wider investment, if failed because there was no separation between state and club in the proposed ownership structure, that required the state to make guarantees to make obligations it was not prepared too.
- there is an awful lot of logic to the bid as we currently understand it, both from vertical integration and what is happening in the area re the power change in local and central government

And yes I would rather we stay independent but that is becoming virtually impossible - if things get as bad as they could within the game we could be down to a closed shop of just 2 leagues

I do prefer your perspective, and it does make sense.
I think the individuals who made a mess of clubs, are the individuals who claimed to have billions, but really didn't have a pot to **** in.

DCWat wrote: ↑

Wed Sep 23, 2020 7:21 pm

You’re not painting a nice picture

It's a disturbing image I know.

Reecey1987 wrote: ↑

Wed Sep 23, 2020 7:12 pm

How much wealth does the guy have thats rumoured to be interested?

it isn't a guy, it's an investment company - not seen anything mentioned so far

Vegas Claret wrote: ↑

Wed Sep 23, 2020 7:35 pm

it isn't a guy, it's an investment company - not seen anything mentioned so far

OK. I seen something before stating there company is worth are $2.46 billion not sure if its true not looked into it

Wrong ALK

Bertiebeehead wrote: ↑

Wed Sep 23, 2020 7:45 pm

https://ml-eu.globenewswire.com/Resourc ... 7a33ada94e

From 2018

I think this is another ALK based in Denmark https://www.alk.net/

I've had a trawl on the Internet and haven't been able to find anything about the company's worth.

Leisure wrote: ↑

Wed Sep 23, 2020 7:57 pm

I've had a trawl on the Internet and haven't been able to find anything about the company's worth.

me neither

If they're the right people to push us forward, so be it. Will be tremendous to see what injecting some much needed money and backing the best manager in the league.

They have also invested in AIScout.
https://www.linkedin.com/company/alk-capital-llc/

Chester Perry wrote: ↑

Wed Sep 23, 2020 8:07 pm

me neither

Its best to take no notice then at the minute . I seen it on twitter someone was having a conversation about it earlier . I would of thought it would of been online somewere the net worth

Chester Perry wrote: ↑

Wed Sep 23, 2020 7:53 pm

I think this is another ALK based in Denmark https://www.alk.net/

My bad, removed it now. Thanks.

Chester Perry wrote: ↑

Wed Sep 23, 2020 8:07 pm

me neither

I could only find this; ALK Capital Limited, registered 8 days ago with Alan Pace one of the 3 named directors.

https://suite.endole.co.uk/insight/comp ... al-limited

Reecey1987 wrote: ↑

Wed Sep 23, 2020 8:12 pm

Its best to take no notice then at the minute . I seen it on twitter someone was having a conversation about it earlier . I would of thought it would of been online somewere the net worth

I find it a little strange - given it's recent investments in UK based businesses

If we get loads of investment from non-Burnley fans how high do you think we can finish. 6th ?

Be careful what you wish for.

Should all this takeover talk become a reality I wonder if they would be happy to keep the club's name or look for something more saleable to the Asian and USA markets. The name of Burnley without some kind of addition is hardly likely to stir the imagination. It just about destroyed Hull City when the new owners wanted to change the official name of the Club to Hull Tigers so as to appeal to a new Asian audience / fans.

Chester Perry wrote: ↑

Wed Sep 23, 2020 8:19 pm

I find it a little strange - given it's recent investments in UK based businesses

I found it strange too. It does tally with what I'd heard a week ago though. Investing and owning are two different things and maybe to fit the criteria they had to register as a business here. That is just an assumption but it would tally with dates.

Their entire website appears to consist of half a dozen paragraphs of not very much at all. Somehow,I don't find that very reassuring.

claret59 wrote: ↑

Wed Sep 23, 2020 8:28 pm

Should all this takeover talk become a reality I wonder if they would be happy to keep the club's name or look for something more saleable to the Asian and USA markets. The name of Burnley without some kind of addition is hardly likely to stir the imagination. It just about destroyed Hull City when the new owners wanted to change the official name of the Club to Hull Tigers so as to appeal to a new Asian audience / fans.

The Claret Carnivores has a ring to it...

I would suggest they set up the name ALK for specific investments, nothing to suggest they have been in existence previous to 2020. No idea if that should be a concern or not, I'm guessing Garlic will do what's best though

Leisure wrote: ↑

Wed Sep 23, 2020 7:57 pm

I've had a trawl on the Internet and haven't been able to find anything about the company's worth.

Company is owned by a bloke called Shackleton.

TheFamilyCat wrote: ↑

Wed Sep 23, 2020 8:53 pm

Company is owned by a bloke called Shackleton.

the deal will probably be put on ice then

ClaretTony wrote: ↑

Wed Sep 23, 2020 5:58 pm

Stan's blind man on the galloping horse can see things aren't good though. People picked up on Sean's references to money, contracts and the like when we resumed without Hendrick, Lennon & Hart, but if you go back some twelve months and his comments it has been clear there were problems.

I will always be glass half full, more than half full, but you can't disguise the fact that all is not well right now.

But 2 of those had to go as picking up big money for nothing in return and Garlick quite right not to renew

BenWickes wrote: ↑

Wed Sep 23, 2020 8:32 pm

The Claret Carnivores has a ring to it...

'Little old Burnley' has a certain ring to it as well.

kendaldave wrote: ↑

Wed Sep 23, 2020 8:31 pm

Their entire website appears to consist of half a dozen paragraphs of not very much at all. Somehow,I don't find that very reassuring.

That’s how private equity companies work mate. Half a dozen paragraphs is good going. Many don’t even have a website - they don’t need one but are sometimes also very secretive.

Spiral wrote: ↑

Wed Sep 23, 2020 5:13 pm

People can't truly believe in their community 'aspirations', can they? I mean, come on. Don't roll over for money making f.uckers so easily. Have a bit more self respect than that. Receive their money if you will, but don't be so gullible as to believe they actually give a pi$$ about the place. Council meetings? Ha! Box ticking exercise.

Americans are big in to that though. Very much part of sporting culture in the US. A good example would be Derby who were bought out by Americans (GSE) in 2008. They did fabulous things with community engagement and Derby is still seen as a trailblazer as far as their community scheme is concerned.
The story of GSE and Derby is worth researching. They look to be a similar type consortium and ALK. They were by no means a disaster for Derby but they failed in their states aim of establishing the club in the top flight. Aston Villa and Sunderland has negative experiences with US owners.

Cubanclaret wrote: ↑

Wed Sep 23, 2020 9:11 pm

Americans are big in to that though. Very much part of sporting culture in the US. A good example would be Derby who were bought out by Americans (GSE) in 2008. They did fabulous things with community engagement and Derby is still seen as a trailblazer as far as their community scheme is concerned.
The story of GSE and Derby is worth researching. They look to be a similar type consortium and ALK. They were by no means a disaster for Derby but they failed in their states aim of establishing the club in the top flight. Aston Villa and Sunderland has negative experiences with US owners.

Aston Villa's American owner was also big on the work in the community - went as far as having a local charity on the shirt rather than a paid for sponsor if I remember he just got tired of spending big each year only to be outspent again by the big six and just missing out on the Champion's league

ClaretTony wrote: ↑

Wed Sep 23, 2020 4:04 pm

That's an interesting link - written by Simon Evans who is a Burnley fan, in fact he's Eli's son.

I’ve been working with Simon recently, i didn’t know he was Eli’s son... small world.

The sensible side of me doesn’t like this

We are doing, steady, an established prem club (as much as that is possible), no debt, simple football.

My life is sensible. I have a sensible job, a fixed mortgage, I save and don’t make investments, I don’t like risk.

However, Burnley is my hobby, my vice. I want Burnley to be interesting, unpredictable, risk taking.


Let’s face it Burnley FC is boring and has been for a few years. I love the ups and downs we used to have. The terrible trips to Southend. It’s rubbish like that that makes you appreciate the highs.

I hope this comes off. I hope we gamble. Look at Portsmouth. Took a gamble and won an FA cup, played AC Milan at Portman rd. it then went t*ts up and they are back to the start rebuilding. I bet if you ask a Portsmouth fan if they would give up the highs they had for premier league stability without much excitement I bet they wouldn’t change anything.

Let’s get it done and go for it in the cups. Let’s go for Europe. Let’s have some fun before it inevitably goes horribly wrong and we are back to the bottom, building again. Starting the journey again

claptrappers_union wrote: ↑

Wed Sep 23, 2020 9:20 pm

I’ve been working with Simon recently, i didn’t know he was Eli’s son... small world.

Small world, big lad.

Chester Perry wrote: ↑

Wed Sep 23, 2020 8:19 pm

I find it a little strange - given it's recent investments in UK based businesses

Generally you wouldn't see a level of wealth as they'll bring together different investors for different deals and those investors may be looking at different levels of exposure.

Alk may facilitate it but normally a vehicle would be set up for that deal (or Alk may be the vehicle).

Bugger, just too late to sign Jota and Bale.

Vegas Claret wrote: ↑

Wed Sep 23, 2020 4:49 pm

yeah he is the guy behind AIscout

Nods, for those unfamiliar with AiScout

https://www.sportbusiness.com/news/alk- ... ayer-lens/

https://www.aiscout.io/about

BOYSIE31 wrote: ↑

Wed Sep 23, 2020 9:05 pm

But 2 of those had to go as picking up big money for nothing in return and Garlick quite right not to renew

You've missed what I was trying to say. I was referring to WHEN those players had gone, not whether they should have done or not.

aggi wrote: ↑

Wed Sep 23, 2020 9:30 pm

Generally you wouldn't see a level of wealth as they'll bring together different investors for different deals and those investors may be looking at different levels of exposure.

Alk may facilitate it but normally a vehicle would be set up for that deal (or Alk may be the vehicle).

I get all that - and I have often thought if any type of PE was going to take us over it would be a family - they tend to be the ones that have the longer term and integrated perspective that I am seeing here - I am assuming they have already done the Owners and Directors test - so the Premier League will know who it is and given it the nod (if it really is happening)

Interesting tale here about Dave Checketts who is reportedly advising (not the money behind) ALK and his time at Real Salt Lake City -

https://www.rslsoapbox.com/2017/2/2/143 ... ship-style

very skeptical this will happen.

KateR wrote: ↑

Wed Sep 23, 2020 9:41 pm

very skeptical this will happen.

It’s been bubbling for months... i couldn’t tell you if it will cross the line, but advanced negotiations suggest its close.

I'm really not sure what these chancers could bring us that we don't already have. They are never in a million years going to get us into the top 6 as that requires stratospheric investment on the lines of Mr Mansoor or Mr Abramovich and that definitely ain't going to happen. And one reason that ain't ever going to happen is because by definition, unlike those 2 chaps, these people are looking to "invest" money, not fritter hundreds of millions away on an expensive hobby which brings absolutely no monetary return. We've already shown that with our shrewd (local) owners and our amazing manager and backroom staff we can get a top 10 finish in the best division in Europe by doing exactly what we're doing and selling out to this lot (or anyone similar) is simply fixing something the isn't broken, but pretty soon could be if we sell out! Once they realise that finishing above 7th really is an unattainable dream they'll cut and run and we'll be left picking up the pieces. (Maybe)

martin_p wrote: ↑

Wed Sep 23, 2020 4:04 pm

I am, I’d hate it. I’ve a real fear that the club will lose its identity.

You mean change its name and move elsewhere?
Come on.

claptrappers_union wrote: ↑

Wed Sep 23, 2020 9:44 pm

It’s been bubbling for months... i couldn’t tell you if it will cross the line, but advanced negotiations suggest its close.

so I have been hearing and don't doubt that for one moment, I have my own thoughts about it, I do not have anyone passing me inside info, it's just an opinion from my perspective. I've done my own due dilligence but that took all of 3 nanoseconds so huge room for error, but I'm skeptical for my own reasons.

Chester Perry wrote: ↑

Wed Sep 23, 2020 9:40 pm

Interesting tale here about Dave Checketts who is reportedly advising (not the money behind) ALK and his time at Real Salt Lake City -

https://www.rslsoapbox.com/2017/2/2/143 ... ship-style

hmmm

Oh great, Yanks.

Probably will finish me off.

Stayingup wrote: ↑

Wed Sep 23, 2020 9:48 pm

You mean change its name and move elsewhere?
Come on.

Yes I mean exactly that, of course!

Spijed wrote: ↑

Wed Sep 23, 2020 5:03 pm

When Venky's took over Rovers they got rid of Big Sam....

And appointed Steve Kean...

That worked out well for them!

And of course they attend every home game, such is their interest. Its unfathomable why they keep.propping them up.

KateR wrote: ↑

Wed Sep 23, 2020 9:49 pm

so I have been hearing and don't doubt that for one moment, I have my own thoughts about it, I do not have anyone passing me inside info, it's just an opinion from my perspective. I've done my own due dilligence but that took all of 3 nanoseconds so huge room for error, but I'm skeptical for my own reasons.

What’s your thoughts on it?

Bin Ont Turf wrote: ↑

Wed Sep 23, 2020 9:50 pm

Oh great, Yanks.

Probably will finish me off.

Yanks at Liverpool seem to have done OK!