ALK CAPITAL ANNOUNCES STRATEGIC RELATIONSHIP WITH DUNDEE FC

[randomclaret2]

According to both clubs' websites just now

[NewClaret]

Good move.

Prefer this to buying a club, although not completely against that idea down the line.

See this as being a move more for our younger players than the more established ones that will go to Championship clubs like Twine, McNally & Obafemi.

[Hedontplayforyou]

Three lads there on loan now currently -
Costelloe
Dodgson
Mellon

Not sure on how many they can take within the rules from one club or loans in general , but I could see Egan-Riley making that same move if they are allowed one more . Although he was on the bench recently

[Kilson810]

Seems a sensible move. More minutes for our young lads and Dundee get a good supply of players, win-win.

[DCWat]

Does that mean we get a new Kevin McDonald?

[South West Claret.]

Hope not.

[wilks_bfc]

Let’s hope it’s more successful than the last partnership venture we had

[South West Claret.]

https://www.bbc.co.uk/sport/football/68064010

[Newcastleclaret93]

Great news, just what we need.

I suspect this will allow the club to take a few more risks in exotic markets (thinking the Asian/South American market). Then give them adequate game time and adjust to Britain by playing for Dundee.

Really impressed with this

[ClaretTony]

I note it is ALK who have the partnership with Dundee and not Burnley FC - very strangely worded release.

[South West Claret.]

I note it is ALK who have the partnership with Dundee and not Burnley FC - very strangely worded release.

The whole ownership question of football clubs with these less then transparent outfits like ALK for instance presents an ongoing big question mark over what will the end game result be.

In our case especially as we are a relatively small club in terms of turnover relative to most clubs in the Premier.

Would have thought that the long or short term benefits for ALK could have been greater with a larger club.

As usual all we can do in the meantime is speculate.

[Big Vinny K]

Not really sure why this is good news or why it’s impressive.
If that report is correct and ALK are going to be involved in the running of Dundee I’d be even more concerned.

Not sure that this gives us access to young talent in Scotland. We know that Celtic and Rangers will out muscle all the other clubs in securing most good young players (or the big clubs south of the border).

For me there seems to be an increasing trend of more and more clubs looking for ways around FFP. Setting up partnerships with other clubs in other leagues allows you to loan players out - which I also particularly don’t like as it might not be the right move for the individual player to go to the specific club.

These various partnerships we have set up with a number of clubs whilst ALK have been here what exactly have they brought to Burnley FC ?
Has it widened our fan base ?
Increased revenues ?
Any new players come through ?

Just do not get the point other than finding loopholes in the way we manage our finances and playing squad.

[RicardoMontalban]

I note it is ALK who have the partnership with Dundee and not Burnley FC - very strangely worded release.

The Athletic article suggests it’s the same for Dundee..

“The clubs’ respective owners ALK Capital and Football Partners Scotland have entered into a relationship to promote player development between the teams, work together on shared initiatives and support local communities.”

[JohnMcGreal]

Well this seems completely pointless.

[ClaretTony]

The Athletic article suggests it’s the same for Dundee..

“The clubs’ respective owners ALK Capital and Football Partners Scotland have entered into a relationship to promote player development between the teams, work together on shared initiatives and support local communities.”

Not from Dundee - it refers to a partnership between ALK and Dundee as does the one on Burnley's site although it explains Football Partners Scotland which is an American company based in Texas. It then refers to both ALK & FPS with this about the latter.

Football Partners Scotland is the Scottish investment vehicle of Keyes Capital, LLC, the financial office of the Keyes family. With a primary holding of Dundee Football Club and several other Scottish investments, FPS has been instrumental in developing businesses and creating jobs in Scotland. The Keyes family has a long and distinguished background in US and international business with prior experience as the Chairman and CEO at Johnson Controls and Board positions with Fidelity Investments, Navistar, Pitney Bowes and the Federal Reserve Bank, among others.

FPS and Keyes Capital are headed by Timothy Keyes, a prominent investor residing in Texas with prior experience at Morgan Stanley and McKinsey & Co, among others.

[NewClaret]

Well this seems completely pointless.

We’ve sent two, possibly three if Mellon goes, young players on loan to get SPL. In what way is it pointless?

[steve1264b]

Last player they sold was Craig Whigton for 175k in 2018/19 to Hearts.

At 26 he now plays for Dunfermline.

I cant see a steady production line coming from Dundee.

[ClaretTony]

More on this with an interview with Pace in the Dundee Courier

Burnley chairman Alan Pace has refused to rule out purchasing a stake in Dundee following the announcement of a “strategic partnership” between the clubs.
Pace, managing partner of the Clarets’ ownership group ALK Capital, admits that he will be “very interested” in any changes of the Scottish FA’s stance on dual ownership, adding “we are all for considering it”.

For the moment, rules are relatively stringent and forbid figures from holding a stake in more than one club unless given permission from the SFA board.

However, Hibernian are seeking to test that resolve and gain a green light for a potentially precedent-setting link-up with Bill Foley of Bournemouth.

And that could have a seismic knock-on effect for the Dee.
“We are very interested to see how the rules play out and what the feeling is,” Pace told BBC Good Morning Scotland.

“We would never want to go against what the fans and community want, as well as the FA overall.

“The reality is, we thought this was the best way to build a relationship for now. We’ll see if it develops further and, if the rules change, then we are all for considering it.”
Pace has played down the role Burnley staff will play in the day-to-day running of the Dens Park outfit but insists the Premiership side will benefit from Turf Moor expertise.

He continued: “We are prepared to send people up there to help, whether that be sharing knowledge – marketing, ticketing, grounds and upkeep – rather than talking about assisting with the running of the club.”

With Hibs and Dundee already exploring links with English multi-club operations, Pace has made an educated prediction that this is the tip of the iceberg.

“I think there is a LOT more still to come and let’s see what happens,” said Pace. “We are very aware that there are other clubs looking to Scotland as an opportunity.

“I don’t think we are alone and it (Scotland) is attractive for a number of clubs.”

Dundee already have Dara Costelloe and Owen Dodgson on loan from the Clarets, while boss Tony Docherty is interested in bringing striker Michael Mellon north.

Marcel Lewis also spent the first half of the season on loan with the Dark Blues.

And Pace foresees a smooth talent exchange programme in the fullness of time.

“There are limits on how many loans (three) we can do at any one time but, yes, I should expect that in the future we’ll see players moving back and forth, hopefully,” he added.

“It all really depends on the needs of the clubs. If we have players who can have an impact up there and, likewise the other way, then we are all for it.”

Expanding on his desire to have more of a footprint in the Scottish market, Pace continued: “We’ve made attempts over the last couple of years to sign folks from Scotland, not always to the success that we would like.

“So, the sooner we can see younger players develop and get to know them, that can only help.”

https://www.thecourier.co.uk/fp/sport/f ... ke-dundee/

[RicardoMontalban]

Not from Dundee - it refers to a partnership between ALK and Dundee as does the one on Burnley's site although it explains Football Partners Scotland which is an American company based in Texas. It then refers to both ALK & FPS with this about the latter.

Football Partners Scotland is the Scottish investment vehicle of Keyes Capital, LLC, the financial office of the Keyes family. With a primary holding of Dundee Football Club and several other Scottish investments, FPS has been instrumental in developing businesses and creating jobs in Scotland. The Keyes family has a long and distinguished background in US and international business with prior experience as the Chairman and CEO at Johnson Controls and Board positions with Fidelity Investments, Navistar, Pitney Bowes and the Federal Reserve Bank, among others.

FPS and Keyes Capital are headed by Timothy Keyes, a prominent investor residing in Texas with prior experience at Morgan Stanley and McKinsey & Co, among others.

The Burnley PR also contains this:

Dundee FC chairman, Tim Keyes, added:“We are incredibly excited to begin this partnership with Burnley Football Club, which will support our continued pursuit of sporting excellence. Like ourselves, they are a club that is deeply rooted within their community, and which shares our ambitions.

Identical to the para in the Dundee release, less ALK.

Seems that ALK and BFC do, when talking about strategic manoeuvres like this, seem fairly interchangeable in their usage. Maybe that’s not what fans want to see but it’s possible that we’re reading too much into this, and I’ve not seen any suggestion that ALK are taking an active role in running Dundee as another poster has said.

[ClaretTony]

and I’ve not seen any suggestion that ALK are taking an active role in running Dundee as another poster has said.

Look at my post above - from the Dundee Courier

[daveisaclaret]

I think being the junior partner in this kind of arrangement is probably pretty miserable, but being the senior partner probably isn't particularly impactful. If we can get players playing in the SPL (which we managed last season with Egan-Riley) then good for us, but you have to ask if the loans helps Dundee why they need a side helping of ALK instead of just sending the players there.

The chances of Dundee having someone we want, and that player decides he wants to go to Burnley over other options, are probably very slim.

Overall, unless ALK do find they can take some ownership at Dundee as suggested in the above article, this is likely to go the way of the strategic relationships we announced last year.

[Goliath]

More on this with an interview with Pace in the Dundee Courier

Burnley chairman Alan Pace has refused to rule out purchasing a stake in Dundee following the announcement of a “strategic partnership” between the clubs.
Pace, managing partner of the Clarets’ ownership group ALK Capital, admits that he will be “very interested” in any changes of the Scottish FA’s stance on dual ownership, adding “we are all for considering it”.

For the moment, rules are relatively stringent and forbid figures from holding a stake in more than one club unless given permission from the SFA board.

However, Hibernian are seeking to test that resolve and gain a green light for a potentially precedent-setting link-up with Bill Foley of Bournemouth.

And that could have a seismic knock-on effect for the Dee.
“We are very interested to see how the rules play out and what the feeling is,” Pace told BBC Good Morning Scotland.

“We would never want to go against what the fans and community want, as well as the FA overall.

“The reality is, we thought this was the best way to build a relationship for now. We’ll see if it develops further and, if the rules change, then we are all for considering it.”
Pace has played down the role Burnley staff will play in the day-to-day running of the Dens Park outfit but insists the Premiership side will benefit from Turf Moor expertise.

He continued: “We are prepared to send people up there to help, whether that be sharing knowledge – marketing, ticketing, grounds and upkeep – rather than talking about assisting with the running of the club.”

With Hibs and Dundee already exploring links with English multi-club operations, Pace has made an educated prediction that this is the tip of the iceberg.

“I think there is a LOT more still to come and let’s see what happens,” said Pace. “We are very aware that there are other clubs looking to Scotland as an opportunity.

“I don’t think we are alone and it (Scotland) is attractive for a number of clubs.”

Dundee already have Dara Costelloe and Owen Dodgson on loan from the Clarets, while boss Tony Docherty is interested in bringing striker Michael Mellon north.

Marcel Lewis also spent the first half of the season on loan with the Dark Blues.

And Pace foresees a smooth talent exchange programme in the fullness of time.

“There are limits on how many loans (three) we can do at any one time but, yes, I should expect that in the future we’ll see players moving back and forth, hopefully,” he added.

“It all really depends on the needs of the clubs. If we have players who can have an impact up there and, likewise the other way, then we are all for it.”

Expanding on his desire to have more of a footprint in the Scottish market, Pace continued: “We’ve made attempts over the last couple of years to sign folks from Scotland, not always to the success that we would like.

“So, the sooner we can see younger players develop and get to know them, that can only help.”

https://www.thecourier.co.uk/fp/sport/f ... ke-dundee/

He's probably done more interviews in the last 12 months with the Dundee Courier than the Burnley Express already

[RicardoMontalban]

Look at my post above - from the Dundee Courier

Hadn’t seen that when I posted. Hardly surprising given Alan’s adventures in Belgium, though seems there’s a few obstacles to overcome before that happens.

[NewClaret]

Interesting that Bournemouth are looking to buy part of Hibs. Then you have Man City, Brighton and others developing multi-club models.

I very much think this is the way clubs are going.

I think we need to keep up with the times, but particularly leverage our position whilst in the PL to secure our future as best as possible.

I think the biggest risk we face as a club (if we’re in/around to be a Premier League) is the ever looming threat of relegation. As much as Dyche worked wonders for us, he undoubtedly left an ageing squad with a number of players out of contract… and very little in the way of young talent ready to step in to a Championship squad.

We need to make sure we’re never in that situation again and have a large talent base out getting as much experience as possible, so that we can sustain relegation and be competitive even if we don’t go straight back up. So I like this model of getting our young players SPL experience and if it also helps Dundee that’s great for them too.

I see this being a step up from Academy football but not quite Championship maybe? In which case, fills a nice gap. I prefer Championship loans overall though, and we’ll still see plenty of them given the three loan limit.

[NewClaret]

Last player they sold was Craig Whigton for 175k in 2018/19 to Hearts.

At 26 he now plays for Dunfermline.

I cant see a steady production line coming from Dundee.

No, I think the prospect of players coming the other way is limited. This’ll be about developing Burnley players.

[ClaretPete001]

I think owning Burnley legitimates their role within the football business industry. It wouldn't surprise me if ALK ends up as a talent/football agency kind of business providing finance and AI expertise to the marketplace.

Not sure what a relationship with Dundee can achieve because I don't know how many players Dundee have turned into PL players.

[NewClaret]

I think owning Burnley legitimates their role within the football business industry. It wouldn't surprise me if ALK ends up as a talent/football agency kind of business providing finance and AI expertise to the marketplace.

Not sure what a relationship with Dundee can achieve because I don't know how many players Dundee have turned into PL players.

I see it as a good location perhaps to earn/secure their next step - a Championship loan.

Not a bad call on the longer term way ALK may evolve.

[CoolClaret]

Just do not get the point other than finding loopholes in the way we manage our finances and playing squad.

Nail on head

[ClaretPete001]

Interesting that Bournemouth are looking to buy part of Hibs. Then you have Man City, Brighton and others developing multi-club models.

I very much think this is the way clubs are going.

I think we need to keep up with the times, but particularly leverage our position whilst in the PL to secure our future as best as possible.

I think the biggest risk we face as a club (if we’re in/around to be a Premier League) is the ever looming threat of relegation. As much as Dyche worked wonders for us, he undoubtedly left an ageing squad with a number of players out of contract… and very little in the way of young talent ready to step in to a Championship squad.

We need to make sure we’re never in that situation again and have a large talent base out getting as much experience as possible, so that we can sustain relegation and be competitive even if we don’t go straight back up. So I like this model of getting our young players SPL experience and if it also helps Dundee that’s great for them too.

I see this being a step up from Academy football but not quite Championship maybe? In which case, fills a nice gap. I prefer Championship loans overall though, and we’ll still see plenty of them given the three loan limit.

Can we just get this straight once and for all - Dyche did not leave us with an ageing squad - it was the board who refused to invest in players citing Covid as a reason while others may ponder other reasons. Dyche just did not have the funds to replace the players he had who were one game away from surviving in the PL.

The talent he left behind earned over £70 million in the transfer market and the remainder played a key role in us winning the Championship.

[ClaretPete001]

I see it as a good location perhaps to earn/secure their next step - a Championship loan.

Not a bad call on the longer term way ALK may evolve.

Good players can get a loan anywhere - what is the point of this?

[colner]

What happened to the similar arrangement we had with Ayr Utd,Cobh Ramblers and a Welsh team,big fanfare at the time but nothing much since? All very weird

[daveisaclaret]

I think owning Burnley legitimates their role within the football business industry. It wouldn't surprise me if ALK ends up as a talent/football agency kind of business providing finance and AI expertise to the marketplace.

Not sure what a relationship with Dundee can achieve because I don't know how many players Dundee have turned into PL players.

Do they have finance and AI expertise?

[ClaretPete001]

Not from Dundee - it refers to a partnership between ALK and Dundee as does the one on Burnley's site although it explains Football Partners Scotland which is an American company based in Texas. It then refers to both ALK & FPS with this about the latter.

Football Partners Scotland is the Scottish investment vehicle of Keyes Capital, LLC, the financial office of the Keyes family. With a primary holding of Dundee Football Club and several other Scottish investments, FPS has been instrumental in developing businesses and creating jobs in Scotland. The Keyes family has a long and distinguished background in US and international business with prior experience as the Chairman and CEO at Johnson Controls and Board positions with Fidelity Investments, Navistar, Pitney Bowes and the Federal Reserve Bank, among others.

FPS and Keyes Capital are headed by Timothy Keyes, a prominent investor residing in Texas with prior experience at Morgan Stanley and McKinsey & Co, among others.

It seems more likely to be a business partnership than a footballing one.

[ClaretPete001]

Do they have finance and AI expertise?

Does it matter... they are good at PR.

[CoolClaret]

I've been battling with this for a while but,

Is anyone else really struggling with supporting the modern game?

Still have passion for BFC but finding it increasingly difficult to bother when we're doing the same **** as the other clubs that are ruining football.

[Herts Clarets]

As much as Dyche worked wonders for us, he undoubtedly left an ageing squad with a number of players out of contract… and very little in the way of young talent ready to step in to a Championship squad.

We need to make sure we’re never in that situation again and have a large talent base out getting as much experience as possible, so that we can sustain relegation and be competitive even if we don’t go straight back up.

Neither must we be in a position where the Chairman starves investment into the club in the interests of personal gain from the sale of the club. That is the reason Dyche left us with an ageing squad with little in the way of young talent, circumstances beyond his control very much engineered by Garlick.

[CoolClaret]

Neither must we be in a position where the Chairman starves investment into the club in the interests of personal gain from the sale of the club. That is the reason Dyche left us with an ageing squad with little in the way of young talent, circumstances beyond his control very much engineered by Garlick.

It also kinda dispels the myth when you look at the revenue brought in from selling Wood in January 2022 to the sales of McNeil, Cornet etc in the summer

[NewClaret]

Can we just get this straight once and for all - Dyche did not leave us with an ageing squad - it was the board who refused to invest in players citing Covid as a reason while others may ponder other reasons. Dyche just did not have the funds to replace the players he had who were one game away from surviving in the PL.

The talent he left behind earned over £70 million in the transfer market and the remainder played a key role in us winning the Championship.

Well, that’s maybe a circular argument because some will argue Garlick would’ve invested in younger players but wasn’t prepared to keep renewing older players contracts - cutting Lennon against his wishes, rumours he/Rigg wanted Wilson by Dyche wouldn’t sanction it, etc.

Either way, he/they left

Lennon
Bardsley
Vydra
Mee
Tarks
Pieters
Stephen’s
Hennessey (?)

All OOC

Barnes
Cork
JRod
Lowts
JBG

With, the greatest respect to those excellent servants, they were all on the wrong side of 30.

We managed to sell just FOUR players for any kind of money from a 25 man Premier League squad and had no players I can recall out on loan or ready to step in to a Championship side. Four saleable assets after five in the Prem. Unbelievable Jeff.

That to me is absolutely shocking mismanagement, whoever’s fault it is (and I accept not all Dyche’s, perhaps). But my overriding point is I feel massively happier with the model we have now - young players out developing and getting game time.

[NewClaret]

Neither must we be in a position where the Chairman starves investment into the club in the interests of personal gain from the sale of the club. That is the reason Dyche left us with an ageing squad with little in the way of young talent, circumstances beyond his control very much engineered by Garlick.

Agreed, although as posted above, there were some rumours that was because of the type of players Dyche wanted to sign.

[Nori1958]

He's probably done more interviews in the last 12 months with the Dundee Courier than the Burnley Express already

Long interview online with local BBC

[Stockbrokerbelt]

Great news, just what we need.

I suspect this will allow the club to take a few more risks in exotic markets (thinking the Asian/South American market). Then give them adequate game time and adjust to Britain by playing for Dundee.

Really impressed with this

Think you will find Scotland is not in the EU, most South American, Brazilian players are usually placed in Spain or Portugal due to their Spanish heritage’s & are reciprocal agreement between Spain & Portugal. It’s more for our younger UK based talent.

[ClaretPete001]

Well, that’s maybe a circular argument because some will argue Garlick would’ve invested in younger players but wasn’t prepared to keep renewing older players contracts - cutting Lennon against his wishes, rumours he/Rigg wanted Wilson by Dyche wouldn’t sanction it, etc.

Either way, he/they left

Lennon
Bardsley
Vydra
Mee
Tarks
Pieters
Stephen’s
Hennessey (?)

All OOC

Barnes
Cork
JRod
Lowts
JBG

With, the greatest respect to those excellent servants, they were all on the wrong side of 30.

We managed to sell just FOUR players for any kind of money from a 25 man Premier League squad and had no players I can recall out on loan or ready to step in to a Championship side. Four saleable assets after five in the Prem. Unbelievable Jeff.

That to me is absolutely shocking mismanagement, whoever’s fault it is (and I accept not all Dyche’s, perhaps). But my overriding point is I feel massively happier with the model we have now - young players out developing and getting game time.

Again this is the same conversation as with CP. Garlick went on record to say he wasn't going to invest because of Covid, which could cost the club £50 million. And then he sold out to investors who immediately took nearly £50 million out to buy shares off the former owners.

These are facts....!

You argue with rumour gossip and innuendo - 'some will argue Garlick would’ve invested in younger players'.

The fact is if you do have the money to invest in new players because the chairman won't give you any then how can you be culpable for it?

[Stockbrokerbelt]

I've been battling with this for a while but,

Is anyone else really struggling with supporting the modern game?

Still have passion for BFC but finding it increasingly difficult to bother when we're doing the same **** as the other clubs that are ruining football.

It’s the modern sports plan where it has several sports in the business such as basketball, chance for TV rights in multi sports which attracts US buyers & investors.

[NewClaret]

Again this is the same conversation as with CP. Garlick went on record to say he wasn't going to invest because of Covid, which could cost the club £50 million. And then he sold out to investors who immediately took nearly £50 million out to buy shares off the former owners.

These are facts....!

You argue with rumour gossip and innuendo - 'some will argue Garlick would’ve invested in younger players'.

The fact is if you do have the money to invest in new players because the chairman won't give you any then how can you be culpable for it?

Think you know I’m not Garlick’s biggest fan, so I’m not going to defend his investment record Pete. And especially not his exit. So maybe you’re right and I was actually going to right “the previous ownership” instead of Dyche so I obviously agree with you.

Regardless of who it was, the output was shocking and not in any way in our best long term interests so I personally take some comfort we’re doing things differently now.

[CoolClaret]

Think you know I’m not Garlick’s biggest fan, so I’m not going to defend his investment record Pete. And especially not his exit. So maybe you’re right and I was actually going to right “the previous ownership” instead of Dyche so I obviously agree with you.

Regardless of who it was, the output was shocking and not in any way in our best long term interests so I personally take some comfort we’re doing things differently now.

What comfort? Hardly much contingency for a few bad seasons.

[ClaretTony]

Agreed, although as posted above, there were some rumours that was because of the type of players Dyche wanted to sign.

And I wouldn't believe that - Dyche was prevented from refreshing the squad and with the type of players that had already given us two top half finishes.

[randomclaret2]

He's probably done more interviews in the last 12 months with the Dundee Courier than the Burnley Express already

Available to read online in either case

[claretonthecoast1882]

He's probably done more interviews in the last 12 months with the Dundee Courier than the Burnley Express already

Considering everything that comes out the club from the owners side is bitched and moaned about is there much point in him doing interviews for the local people in the local paper.

[ClaretTony]

Considering everything that comes out the club from the owners side is bitched and moaned about is there much point in him doing interviews for the local people in the local paper.

Or his refusal to speak to local media/fans has led to any negativity

[ClaretPete001]

Think you know I’m not Garlick’s biggest fan, so I’m not going to defend his investment record Pete. And especially not his exit. So maybe you’re right and I was actually going to right “the previous ownership” instead of Dyche so I obviously agree with you.

Regardless of who it was, the output was shocking and not in any way in our best long term interests so I personally take some comfort we’re doing things differently now.

Fair enough but much of that squad finished in the top ten in 17/18 and 19/20 in the PL.

Unless my memory is deserting me, the decision not to invest came at the end of 19/20 after a season, we finished in the top ten in the PL.

It seems obtuse to me not to attribute at least some of the blame on the new owners who were involved in the takeover and subsequent investment decisions and to simultaneously suggest the previous regime was a failure after 8 seasons in 9 in the PL.

The simple fact is the squad that was relegated achieved 35 points and went down on the last day of the season. The net spend of ALK in their first season was £9 million and we brought in 3 players in the summer window spending just over £20 million.

How can you blame Sean Dyche for any of that...? ALK must have spoken to Dyche after their arrival because they offered him a four year contract - I mean they must have believed they could work with him regardless of the rumours. It makes no sense.

The only thing that makes sense is that the previous owners wanted out and the new owners did not have enough captial to make up for the lack of investment prior to their arrival and so we went down..... with 35 points on the last day of the season after gaining only 1 point in our previous 4 games.