Two newbies, one we knew about, and Pace's two partners

See link
https://www.uptheclarets.com/burnley-co ... -directors

Impressive credentials...

Well paid jobs, are they?

Lots of Spanish players on their way then
https://en.wikipedia.org/wiki/IESE_Business_School

So basically one is a glorified vicar and the other is a uni mate. Am I reading this correctly?

Local cricketer wrote: ↑

Mon Jan 18, 2021 11:21 am

So basically one is a glorified vicar and the other is a uni mate. Am I reading this correctly?

Jesus Christ people will find anything to have a pop at these people won't they?

Local cricketer wrote: ↑

Mon Jan 18, 2021 11:21 am

So basically one is a glorified vicar and the other is a uni mate. Am I reading this correctly?

If you are not bright enough to understand their qualities then perhaps you are reading it correctly.

Local cricketer wrote: ↑

Mon Jan 18, 2021 11:21 am

So basically one is a glorified vicar and the other is a uni mate. Am I reading this correctly?

Unbelievable....

Bloody hell caught 3 whoppers here. I look forward to seeing the qualities they bring to the board

Some high class talent in the boardroom indeed. I would imagine they have some very impressive contacts as well to enable us to push on upwards.

CEO of Madison square garden to the Turf ! must have been like a dream come true.

Hopefully they don’t mix up Mike and Stuart’s names....

Certainly a wide range of different experience coming on board

Antonio Davila is quite a coup for Burnley. I would imagine he is on a consultancy type basis. Very impressive and he certainly wouldn't have accepted the position if he thought BFC were going nowhere.

Nonayforever wrote: ↑

Mon Jan 18, 2021 12:02 pm

Antonio Davila is quite a coup for Burnley. I would imagine he is on a consultancy type basis. Very impressive and he certainly wouldn't have accepted the position if he thought BFC were going nowhere.

I believe he already posts on here under the pseudonym ‘ClaretTony’.

It sounds promising to me. A variety of talents and experience which will surely benefit the club - you would think combined, far more forward thinking than the previous owners. Certainly interested to see what this year brings on and off the pitch.

No 1 on the next senior management meeting agenda should be:

‘Attracting investment for the recruitment of Premier League QUALITY footballers to the Burnley FC squad.’

No 2 on the next senior management meeting agenda should be: See No 1

Mala591 wrote: ↑

Mon Jan 18, 2021 12:20 pm

No 1 on the next senior management meeting agenda should be:

‘Attracting investment for the recruitment of Premier League QUALITY footballers to the Burnley FC squad.’

Players capable of being a Premier league footballer for the last 5 years ?

Welcome to our great club. We wish you every success. UTC!

Wile E Coyote wrote: ↑

Mon Jan 18, 2021 11:35 am

CEO of Madison square garden to the Turf ! must have been like a dream come true.

The "Garden " hosted Frank Sinatra, Muhammad Ali and Elvis Presley ..... The " Turf " has hosted Sir Stanley Matthews, Sir Winston Churchill and H.M. The Queen, not to mention John Deary ..... and we have a larger capacity !! It's clearly a step up for the lad .....

Clarets4me wrote: ↑

Mon Jan 18, 2021 12:32 pm

The "Garden " hosted Frank Sinatra, Muhammad Ali and Elvis Presley ..... The " Turf " has hosted Sir Stanley Matthews, Sir Winston Churchill and H.M. The Queen, not to mention John Deary ..... and we have a larger capacity !! It's clearly a step up for the lad .....

As well Prince Charles, Field Marshall Montgomery and Ted Heath

Clarets4me wrote: ↑

Mon Jan 18, 2021 12:32 pm

The "Garden " hosted Frank Sinatra, Muhammad Ali and Elvis Presley ..... The " Turf " has hosted Sir Stanley Matthews, Sir Winston Churchill and H.M. The Queen, not to mention John Deary ..... and we have a larger capacity !! It's clearly a step up for the lad .....

And don't forget Swanky Pants Dog Troupe and Chico.

We've still never replaced John Deary!
Maybe this window...........

Spijed wrote: ↑

Mon Jan 18, 2021 12:36 pm

As well Prince Charles, Field Marshall Montgomery and Ted Heath

You were doing so well until I read the last name ....

And Jimmy McIlroy !

Swizzlestick wrote: ↑

Mon Jan 18, 2021 11:38 am

Hopefully they don’t mix up Mike and Stuart’s names....

Stuart Smith...???

Am I missing something?

Local cricketer wrote: ↑

Mon Jan 18, 2021 11:21 am

...and the other is a uni mate...

No, I think it's more about our getting an introduction to Antonio's neighbour, Lionel

Zlatan wrote: ↑

Mon Jan 18, 2021 12:56 pm

Stuart Smith...???..

He was one wild cat back in the day.

Very disappointing news this , no mention of any ex porn stars joining the Board , simply not good enough

joey13 wrote: ↑

Mon Jan 18, 2021 1:23 pm

Very disappointing news this , no mention of any ex porn stars joining the Board , simply not good enough

We pride ourselves on clean sheets!not sure she’d suit our style!

"Very disappointing news this, no mention of any ex porn stars joining the board, simply not good enough"

A few names were put forward but they kept firing blanks.

Can any of them play up front ?

Interestingly, it does state former shareholders (not half) for MG and JB

"ALK Capital partners Mike Smith and Stuart Hunt will also take seats on the board, sitting alongside former Burnley FC shareholders Mike Garlick and John Banaszkiewicz"

https://www.burnleyfootballclub.com/con ... -confirmed

Checketts is the star turn here - absolutely top notch credentials - I just wonder if we will have the financing to make best use of his skill set - I actually think he is everything that Everton need as they look to get back to the very top table.

I have said it elsewhere but there is a real concentration of Hospitality expertise on that board - an area the club has been considering developing further, but again you have to think that requires significant infrastructure development, and the maintenance of Premier League Football

BurnleyFC wrote: ↑

Mon Jan 18, 2021 12:11 pm

I believe he already posts on here under the pseudonym ‘ClaretTony’.

I'm delighted that you think I'm impressive

Wokingclaret wrote: ↑

Mon Jan 18, 2021 2:00 pm

Interestingly, it does state former shareholders (not half) for MG and JB

"ALK Capital partners Mike Smith and Stuart Hunt will also take seats on the board, sitting alongside former Burnley FC shareholders Mike Garlick and John Banaszkiewicz"

https://www.burnleyfootballclub.com/con ... -confirmed

It may say former shareholders but there is a minimum requirement to be a director.

Previously Garlick & John B owned around 78%, the departed directors owned 16% and the other 6% were other shareholders.

We know the other shareholders have retained their 6%, the departed directors I would assume have sold, ALK own 84% so I'm guessing Garlick & John B still own around 10% between them.

I'm still looking forward to the " Kiss Cam " roving the Bob Lord Stand ....

ClaretTony wrote: ↑

Mon Jan 18, 2021 11:30 am

If you are not bright enough to understand their qualities then perhaps you are reading it correctly.

Have to say though their qualities won’t matter a jot, if we’re relegated and they’ll lose interest as we won’t be able to borrow against assets and they’re not in it to invest their own money
The set up seems similar to the Man Utd model but they have a massive global brand and turnover for now we have Premier League monies only.
Should we lose that they can’t build a brand and we can’t IMO survive the financial model they’ve set up for very long on championship revenue, even if they’ve modelled this to defer repayments in event of relegation, debts of this kind don’t go away.
If they don’t reinforce the squad this Transfer window then we’re playing Russian roulette, Dyche is in a rut.

just a thought - if the Articles of Association remain unchanged and the value of the takeover priced the Club at £170m - £200m the amount of money issued upfront to the club (suggested to be no more than £15m by Matt Slater and probably less) could have been paid by the 2 new directors with Hunt, Pace and Smith buying their shares entirely from the MSD loans. Alternatively the two new Directors may have bought shares since the takeover.

There is no indication that the 2 new Directors are of the non executive variety so share ownership is required as I understand

I look forward to updates at Companies House that may offer some clarity

Chester Perry wrote: ↑

Mon Jan 18, 2021 3:17 pm

just a thought - if the Articles of Association remain unchanged and the value of the takeover priced the Club at £170m - £200m the amount of money issued upfront to the club (suggested to be no more than £15m by Matt Slater and probably less) could have been paid by the 2 new directors with Hunt, Pace and Smith buying their shares entirely from the MSD loans. Alternatively the two new Directors may have bought shares since the takeover.

There is no indication that the 2 new Directors are of the non executive variety so share ownership is required as I understand

I look forward to updates at Companies House that may offer some clarity

The only thing I know is that back in the day you had to have 100 shares to be a director which increased to 4,000. Whether that increase was written into the articles I don't know and, of course, it became a different company when from Burnley & Athletic Co Ltd to the holding company.

Clarets4me wrote: ↑

Mon Jan 18, 2021 2:15 pm

I'm still looking forward to the " Kiss Cam " roving the Bob Lord Stand ....

It’ll be pointless pointing it at the Longside

They wouldn’t know if they are on the screen

Impressive credentials and hopefully the business contacts to go with it to help the club grow its revenue stream etc

Chester Perry wrote: ↑

Mon Jan 18, 2021 2:03 pm

Checketts is the star turn here - absolutely top notch credentials - I just wonder if we will have the financing to make best use of his skill set - I actually think he is everything that Everton need as they look to get back to the very top table.

I have said it elsewhere but there is a real concentration of Hospitality expertise on that board - an area the club has been considering developing further, but again you have to think that requires significant infrastructure development, and the maintenance of Premier League Football

agree 100%

edit: Antonio Dávila ain't no slouch either, worked with UEFA

Can they play midfield and do they know where the back of the net is ?......welcome to our club by the way.

I think the former directors did not receive a salary (but may have made some money from selling the club). Do we know if the new directors will be paid a salary or if they will be based in England. The cost of flights, probably not economy class, between the USA and the UK could become very expensive.

Local cricketer wrote: ↑

Mon Jan 18, 2021 11:32 am

Bloody hell caught 3 whoppers here. I look forward to seeing the qualities they bring to the board

The old... I've been caught so I'll pretend I was joking... Excuse.... Though I agree with your last sentence

Aclaret wrote: ↑

Mon Jan 18, 2021 4:34 pm

Can they play midfield and do they know where the back of the net is ?......welcome to our club by the way.

Outstanding post Aclaret

MT03ALG wrote: ↑

Mon Jan 18, 2021 4:37 pm

I think the former directors did not receive a salary (but may have made some money from selling the club). Do we know if the new directors will be paid a salary or if they will be based in England. The cost of flights, probably not economy class, between the USA and the UK could become very expensive.

I would assume they are salaried. Pace said he'll be here 80% of the time with the other 20% in London and New York. I think that is also definitely the case for Hunt & Smith. Don't know about Checketts and Dávila but I can confirm the other two, Garlick and Banaskiewicz, are southern England based.

ClaretTony wrote: ↑

Mon Jan 18, 2021 4:59 pm

I would assume they are salaried. Pace said he'll be here 80% of the time with the other 20% in London and New York. I think that is also definitely the case for Hunt & Smith. Don't know about Checketts and Dávila but I can confirm the other two, Garlick and Banaskiewicz, are southern England based.

Checketts is London based