Terrier wrote: ↑

Wed Oct 28, 2020 9:40 pm

Glen whatsisface on the blackburn forum saying the same
bloke was involved at deadwood in the anderson era and he
does not paint a good picture of him!

Terrier wrote: ↑

Wed Oct 28, 2020 9:40 pm

Glen whatsisface on the blackburn forum saying the same
bloke was involved at deadwood in the anderson era and he
does not paint a good picture of him!

Charlton Boy wrote: ↑

Wed Oct 28, 2020 9:11 pm

Those of you still thinking and hoping this could turn out ok.

Chris Farnell was the man at bury when they went under.
The same man who failed the fit and proper persons test just months ago at Charlton. Next to no one ever fails that test.

Chaps please listen to Swansea, bury, Charlton, Salisbury fans. This will not end well.

ksrclaret wrote: ↑

Wed Oct 28, 2020 9:44 pm

Well these clubs and people can't all be mistaken. Not heard one positive word about him, and the negatives aren't just little issues - they're pretty huge.

I think we can safely conclude that we don't want this bloke anywhere near our club, whether that's limited to brokering a deal between parties or taking a larger role in the running of the club. If Garlick really does sell up to this pair then I despair with Burnley FC.

claptrappers_union wrote: ↑

Wed Oct 28, 2020 8:59 pm

I presume to sell the assets

aggi wrote: ↑

Wed Oct 28, 2020 9:39 pm

Because they are Burnley fans who wanted to invest in the club.

If people really think that they are good enough businessmen to have planned taking over a loss-making championship club, getting it promoted to the premier league and selling it for £200m then they must realise there are dozens of other football clubs who'd pay millions for those services.

Whitgord wrote: ↑

Wed Oct 28, 2020 9:51 pm

Come on, at least it’s a bit of excitement. What else have we to look forward to as Clarets? An unwinnable fight against much bigger fish in a small pond.

Paul Waine wrote: ↑

Wed Oct 28, 2020 8:52 pm

Burnley in takeover talks after suitor Chris Farnell’s EFL ownership ban is lifted

Jonathan Northcroft, Wednesday October 28 2020, 5.00pm, The Times

A source close to the pair claims they are closing in on a deal, having provided proof of funding and concluded a sale-and-purchase agreement with Mike Garlick, Burnley’s chairman and main stakeholder, who owns 49.24 per cent of the club’s shares, after negotiations that have been underway for almost 12 months.

Farnell was cleared to pursue his bid for Burnley by an independent arbitration panel today, which ruled that an EFL ban on him owning a football club should be limited to five weeks, backdated to September 14.

Burnley declined to comment. However, it is understood that both the Elkashashy/Farnell bid and ALK Capital’s proposal are being given consideration.

Newcastleclaret93 wrote: ↑

Wed Oct 28, 2020 9:36 pm

Is the mass hysteria about this just due to our lack of experience in wealthy owners?

I mean you go down the premier league and it is just a list of dodgy individuals.

Can’t see anything any worse with Farnell and the Egyptian than say an oligarch or Thai company.

Maybe this is jus the next step in our progression and Garlick would still be at the helm regardless

Steddyman wrote: ↑

Wed Oct 28, 2020 9:46 pm

Chris Farnell is the man brought in by Bury when they were already going under, that's what he does, he's a football lawyer.

Steddyman wrote: ↑

Wed Oct 28, 2020 9:46 pm

Chris Farnell is the man brought in by Bury when they were already going under, that's what he does, he's a football lawyer.

Bordeauxclaret wrote: ↑

Wed Oct 28, 2020 9:59 pm

So apart from being involved in
Charlton
Bury
Bolton
Swansea
Leeds
A non league club that went under
and potentially Rovers


he’s done a good job at others clubs yeah?

Bordeauxclaret wrote: ↑

Wed Oct 28, 2020 9:59 pm

So apart from being involved in
Charlton
Bury
Bolton
Swansea
Leeds
A non league club that went under
and potentially Rovers
he’s done a good job at others clubs yeah?

Steve-Harpers-perm wrote: ↑

Wed Oct 28, 2020 9:54 pm

Simon Evans has just tweeted talks with ALK Capital are still ongoing.

Bordeauxclaret wrote: ↑

Wed Oct 28, 2020 9:59 pm

So apart from being involved in
Charlton
Bury
Bolton
Swansea
Leeds
A non league club that went under
and potentially Rovers


he’s done a good job at others clubs yeah?

Bordeauxclaret wrote: ↑

Wed Oct 28, 2020 9:59 pm

So apart from being involved in
Charlton
Bury
Bolton
Swansea
Leeds
A non league club that went under
and potentially Rovers


he’s done a good job at others clubs yeah?

Herts Clarets wrote: ↑

Wed Oct 28, 2020 10:03 pm

Boden tweeted that contracts have been exchanged. They can't both be correct....

SGr wrote: ↑

Wed Oct 28, 2020 10:02 pm

He’s a Macclesfield and Wigan away from completing the set there. Christ almighty.

Rileybobs wrote: ↑

Wed Oct 28, 2020 9:51 pm

There’s certainly a lot of negativity around this bloke. But I asked a couple of hours ago if anyone could provide any substantial information to back up the claims. There seems like a lot of hot air. That’s not to say there’s nothing in it, as they say there’s no smoke without fire. But I think the reaction to this has been over the top and based on gut instinct.

I also wonder what role he played with his involvement at various clubs. He’s a sports lawyer so is unlikely to be the man fronting anything up and could well just be a conduit. It’s quite likely that he’s had dealings with the club in the past.

Definite reasons for concern, don’t get me wrong. But that’s why I always say be careful what you wish for.

daveisaclaret wrote: ↑

Wed Oct 28, 2020 9:50 pm

Depressing.

I've not been keen on the mooted ALK takeover from the off. That may be because I'm naive and don't know much about these things and I'm not savvy enough to know why it was necessary, but regardless I was making peace with it. Been dissatisfied with the spending and am not particularly fussed about Garlick either way, but I have to say the one thing that allowed me to talk myself around to it was the posts from some pretty sensible folk on here who seemed confident in the takeover and even some suggestion they may see genuinely be buying the club as part of a plan to invest in the area. I took some comfort in seeing the sensible folk being comfortable with the names of local businessmen being attached, too.

Then one day it turns out a restaurant owner with an unknown source of money who just happens to fancy owning a Premier League football team is taking over, using a lawyer linked to some of the biggest disasters in modern English football to help. A lawyer whose name inspired multiple Charlton fans to come to the forum with dire warnings.

Feels pretty much like my worst nightmare. We'll see.

My praise and respect to those such as CT who will do what they can in support/defence of the football club.


I take your point , but I think its inevitable that whoever takes over will be heavily scrutinised and criticised by our fans.
Had it been other names mentioned, I rather doubt we would be whooping it up with party poppers.
Not long ago when supporters posted about potential takeover, it clearly divided opinion. Some were thinking we might be able to acquire better players if there was an influx of cash into the coffers. Others were sceptical based on shenanigans elsewhere in the leagues.I'm like you, I don't understand the finances at all, so I find it difficult to know whether this is potentially beneficial, or a recipe for disaster. One thing is, we had no say in affairs when the current regime took charge, we as fans just look on from afar at boardroom matters. And for all the flak flying about now, the club have progressed beyond our expectations despite control being in the hands of owners being vilified on here and other forums. We'll just have to sit this one out and pray we still have a club to follow in the seasons to come.

Rileybobs wrote: ↑

Wed Oct 28, 2020 10:03 pm

That list is horrific. But in what capacity was he acting in for each of those clubs? Again, I’m not defending the bloke, I’d just like to know actual facts. Because why would our board even consider dealing with someone as ‘dangerous’ as he’s been painted on here?

Inchy wrote: ↑

Wed Oct 28, 2020 10:07 pm

I do not believe Barry Kilby would sit by and let harm come to the club.

I know he isn’t the major shareholder anymore but he has a powerful voice and is loved by the fans

Newcastleclaret93 wrote: ↑

Wed Oct 28, 2020 10:03 pm

Bordeaux you seem very adamant that this bloke personally ran these clubs into the ground.

Am I missing something? He is a LAWYER not the owners of these clubs or even a shareholder. he’s probably been brought into these poorly ran clubs to get his clients out of sticky situations. Until we know what his role is with Burnley why is everyone jumping the gun

Newcastleclaret93 wrote: ↑

Wed Oct 28, 2020 10:03 pm

Bordeaux you seem very adamant that this bloke personally ran these clubs into the ground.

Am I missing something? He is a LAWYER not the owners of these clubs or even a shareholder. he’s probably been brought into these poorly ran clubs to get his clients out of sticky situations. Until we know what his role is with Burnley why is everyone jumping the gun

Inchy wrote: ↑

Wed Oct 28, 2020 10:07 pm

I do not believe Barry Kilby would sit by and let harm come to the club.

I know he isn’t the major shareholder anymore but he has a powerful voice and is loved by the fans

Bordeauxclaret wrote: ↑

Wed Oct 28, 2020 9:59 pm

So apart from being involved in
Charlton
Bury
Bolton
Swansea
Leeds
A non league club that went under
and potentially Rovers


he’s done a good job at others clubs yeah?

ClaretTony wrote: ↑

Wed Oct 28, 2020 10:07 pm

There’s more than hot air I can assure you. It’s about trying to find out what is out there, how serious it could be and then determining what, if anything, can be done if it is felt necessary.

ewanrob wrote: ↑

Wed Oct 28, 2020 10:15 pm

Boden
Still up making/receiving calls, and there’s a lot to take in at present, but here’s some form of update - ALK understanding is discussions very much still going on, meetings still ongoing in diary between Alan Pace and Mike Garlick....#confusednow

bennitor wrote: ↑

Wed Oct 28, 2020 10:18 pm

Can't believe anyone who thinks this is hot air or plays it down. Supporters from so many other clubs coming forward to us to proactively warn how dodgy this guy is and still people want to find our more facts and think it might just be stories.

Burnley FC is a huge part of all of our lives - why would we even consider getting into bed with someone like this. Even if his intentions this sixth or seventh time round were good, why on earth would we want to take that chance with that kind of track record.

Sad times.