ALK Capital or Farnell/Elkashashy takeover

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Gordaleman
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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 4:38 pm

BenWickes wrote:
Thu Oct 01, 2020 4:36 pm
Or. It's a nod to the past and recognising it with open arms while being progressive.
Whatever, but somehow I don't think so. These are Americans for goodness sake. They know nothing about history.

I just said that it was a strange name to use. I didn't say it was impossible.
Last edited by Gordaleman on Thu Oct 01, 2020 4:39 pm, edited 1 time in total.

clansman
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Re: ALK Capital...

Post by clansman » Thu Oct 01, 2020 4:39 pm

It’s just a vehicle the name is irrelevant!

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Re: ALK Capital...

Post by BennyD » Thu Oct 01, 2020 4:40 pm

Perhaps it’s a sign that they are embracing the club’s history.

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Re: ALK Capital...

Post by Claretnick » Thu Oct 01, 2020 4:40 pm

claretgilly wrote:
Thu Oct 01, 2020 3:36 pm
A company called Calder Vale Holdings Limited has just been registered on Companies House, Alan Pace among the directors. Suspect the deal is quite close to completing.

https://beta.companieshouse.gov.uk/company/12919689
Alan Pace is also amongst the directors of ALK Capital Limited, incorporated on 15 September 2020.

https://beta.companieshouse.gov.uk/company/12880549

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Re: ALK Capital...

Post by claretgilly » Thu Oct 01, 2020 4:41 pm

It was probably a 30 second conversation. As far as Sky etc are concerned it'll be ALK Capital / Alan Pace buying

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Re: ALK Capital...

Post by aggi » Thu Oct 01, 2020 4:51 pm

onewillieirvine wrote:
Thu Oct 01, 2020 4:06 pm
Claretgilly - Would you have any idea how long companies would normally be registered, before any takeover occurs please?
Setting up a company is very cheap and very straightforward so although it may indicate things are moving it's also easy enough to do just in case.

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Re: ALK Capital...

Post by Boss Hogg » Thu Oct 01, 2020 4:55 pm

Claretnick wrote:
Thu Oct 01, 2020 4:32 pm
Burnley RFUC used to be known as Calder Vale RUFC and Burnley FC started out as a rugby club known as Burnley Rovers!!!. The football club started playing at Calder Vale until moving too Turf Moor.
I know it's a different sport but that's the only connection I could think of.

I type too slow... :)
https://lancashirerugby.co.uk/news/1517 ... ry-service
https://thebeautifulhistory.wordpress.c ... s/burnley/
This. Not strange at all.

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Re: ALK Capital...

Post by aggi » Thu Oct 01, 2020 4:58 pm

dibraidio wrote:
Thu Oct 01, 2020 3:48 pm
It seems to me that the investment of the minority shareholders isn't worth the paper that it's written on.
There are still things you can do with minority shareholdings but ultimately if someone has a majority then the influence for the other shareholders is limited (unless there is some further private shareholders agreement). Those shares do still have a value though and there are various reasons for wanting more than a simple majority.

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Re: ALK Capital...

Post by onewillieirvine » Thu Oct 01, 2020 5:00 pm

Thanks aggi - Gives me a bit more information as to how these things happen !

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Re: ALK Capital...

Post by Grumps » Thu Oct 01, 2020 5:01 pm

Gordaleman wrote:
Thu Oct 01, 2020 4:21 pm
If it's linked to the BFC takeover, then it's a strange name to choose. Calder Vale is in the west of the Forest of Bowland and the only local connection I know of is the Calder River.
Yes, of course you knew the history :lol: :lol:
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Re: ALK Capital...

Post by summitclaret » Thu Oct 01, 2020 5:19 pm

Should we be concerned that the registered office is in Leeds ?

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Re: ALK Capital...

Post by claretgilly » Thu Oct 01, 2020 5:32 pm

It's the offices of Pinsent Masons, law firm

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Re: ALK Capital...

Post by bodge » Thu Oct 01, 2020 5:46 pm

Anybody know anything about the other two blokes listed Stuart Hunt and Michael Smith ?

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Re: ALK Capital...

Post by gandhisflipflop » Thu Oct 01, 2020 5:49 pm

bodge wrote:
Thu Oct 01, 2020 5:46 pm
Anybody know anything about the other two blokes listed Stuart Hunt and Michael Smith ?
Don't know of Stuart hunt but I do know his brother Mike.
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Re: ALK Capital...

Post by Dark Cloud » Thu Oct 01, 2020 6:08 pm

775claret wrote:
Thu Oct 01, 2020 4:26 pm
Isn't Calder Vale the original location of Burnley FC's ground before Turf Moor?

Somewhere near where the college is now?
Yes, the mill which stood exactly where The Range is now was Calder Vale Mill, but the original Calder Vale ground which BFC initially inhabited was close by on the other side of the railway viaduct, on ground to the rear of the present college.
I only know this because Royboy showed me some photos of him standing on the terrace there in his short trousers! :D
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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 6:15 pm

Grumps wrote:
Thu Oct 01, 2020 5:01 pm
Yes, of course you knew the history :lol: :lol:
I think I know a bit about Burnley having watched them for 68 years, but as you always seem to look for the negatives in people's posts, I'm not at all surprised at your comments.

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Re: ALK Capital...

Post by superdimitri » Thu Oct 01, 2020 6:32 pm

Gordaleman wrote:
Thu Oct 01, 2020 4:38 pm
Whatever, but somehow I don't think so. These are Americans for goodness sake. They know nothing about history.

I just said that it was a strange name to use. I didn't say it was impossible.
You should be more careful before you post. Saying such things can be insulting to others, including American fans of our own club.

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Re: ALK Capital...

Post by claret3561 » Thu Oct 01, 2020 6:34 pm

Watching for 68 years, well why didn't you mention it before
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Re: ALK Capital...

Post by bodge » Thu Oct 01, 2020 6:40 pm

Looks like Stuart Hunt is part of the Hunter Bright Investment Group, i can't see any mention of his brother Mike gandhi.

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Re: ALK Capital...

Post by Clarets4me » Thu Oct 01, 2020 6:49 pm

BennyD wrote:
Thu Oct 01, 2020 4:40 pm
Perhaps it’s a sign that they are embracing the club’s history.
I think we can all agree that it sounds better than " Venkys London Ltd ", the vehicle that owns the " Blackburn Rovers Football & Athletic Ltd " .....

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Re: ALK Capital...

Post by Boss Hogg » Thu Oct 01, 2020 6:53 pm

If a UK company has only just been registered and this is going to be the acquisition company ( it may not be) I think this deal could be a way off yet. The Hunter Bright Group look for growth projects with future cash flow potential according to some information I read. I think this will be anything other than a benefactor and very much about the returns made.

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Re: ALK Capital...

Post by ClaretTony » Thu Oct 01, 2020 6:55 pm

Gordaleman wrote:
Thu Oct 01, 2020 4:21 pm
If it's linked to the BFC takeover, then it's a strange name to choose. Calder Vale is in the west of the Forest of Bowland and the only local connection I know of is the Calder River.
Calder Vale is where we played before moving to the Turf

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Re: ALK Capital...

Post by Grumps » Thu Oct 01, 2020 7:00 pm

Gordaleman wrote:
Thu Oct 01, 2020 6:15 pm
I think I know a bit about Burnley having watched them for 68 years, but as you always seem to look for the negatives in people's posts, I'm not at all surprised at your comments.
Of course you do, but you couldn't think of one link to the name Calder Vale :lol: :lol:

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Re: ALK Capital...

Post by Paul Waine » Thu Oct 01, 2020 7:01 pm

Boss Hogg wrote:
Thu Oct 01, 2020 6:53 pm
If a UK company has only just been registered and this is going to be the acquisition company ( it may not be) I think this deal could be a way off yet. The Hunter Bright Group look for growth projects with future cash flow potential according to some information I read. I think this will be anything other than a benefactor and very much about the returns made.
Don't get "hung up" on the timing of creating a company. It could very well be one of the small final details. The big issues are agreement between seller and buyer - and the ability of the buyer to raise the finance they require to complete the transaction and start to execute their plans.

Formation of Calder Vale (or any other company) is not confirmation that a deal will go ahead.

UTC

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 7:05 pm

ClaretTony wrote:
Thu Oct 01, 2020 6:55 pm
Calder Vale is where we played before moving to the Turf
Yes, I know, but it's not the sort of name that I would expect a modern progressive company would be expected to use.

This has been addressed earlier Tony. Perhaps read earlier posts before repeating what's already been said.

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 7:07 pm

superdimitri wrote:
Thu Oct 01, 2020 6:32 pm
You should be more careful before you post. Saying such things can be insulting to others, including American fans of our own club.
Don't be daft. Far worse things have been said about the people involved with ALK. I don't recall you having a go at them.

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Re: ALK Capital...

Post by Steddyman » Thu Oct 01, 2020 7:12 pm

It's a holding company, not the customer facing brand. The name doesn't matter at all.

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Re: ALK Capital...

Post by Paul Waine » Thu Oct 01, 2020 7:12 pm

Gordaleman wrote:
Thu Oct 01, 2020 7:05 pm
Yes, I know, but it's not the sort of name that I would expect a modern progressive company would be expected to use.

This has been addressed earlier Tony. Perhaps read earlier posts before repeating what's already been said.
Also, don't get hung up on the name, it could be anything - and can be changed as quickly and frequently as the directors wish.

There are company formation agents who set up companies "for fun." They may use names such as "Company number 1," Company number 2" etc etc. An acquisition could be completed by an "off the shelf" company that was formed a number of years ago - so, long as it's never been used before.

UTC

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Re: ALK Capital...

Post by Boss Hogg » Thu Oct 01, 2020 7:29 pm

Gordaleman wrote:
Thu Oct 01, 2020 4:38 pm
Whatever, but somehow I don't think so. These are Americans for goodness sake. They know nothing about history.

I just said that it was a strange name to use. I didn't say it was impossible.
Burnley FC founded 1882
USA discovered 1492

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Re: ALK Capital...

Post by Danieljwaterhouse » Thu Oct 01, 2020 7:35 pm

Thank you to which mod deleted my comment, some people get right under your skin. 😂

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Re: ALK Capital...

Post by Paul Waine » Thu Oct 01, 2020 7:41 pm

Boss Hogg wrote:
Thu Oct 01, 2020 7:29 pm
Burnley FC founded 1882
USA discovered 1492
Hi Boss, you know that's not correct. Europeans may have found out how to get to Americas in 1492. However, there were already a lot of people living there. I don't think any of them were saying "I can't wait to be discovered."

I get your point. America has a long history - even though many there like a lot of more recent stuff.

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Re: ALK Capital...

Post by Steddyman » Thu Oct 01, 2020 8:02 pm

Danieljwaterhouse wrote:
Thu Oct 01, 2020 7:35 pm
Thank you to which mod deleted my comment, some people get right under your skin. 😂
My interest is piqued if you are getting posts deleted :)

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Re: ALK Capital...

Post by Father Jack » Thu Oct 01, 2020 8:05 pm

And mine..!

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Re: ALK Capital...

Post by Reecey1987 » Thu Oct 01, 2020 8:09 pm

I dont think it was anything interesting if its the one I seen

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Re: ALK Capital...

Post by CrosspoolClarets » Thu Oct 01, 2020 8:22 pm

With interest rates at unprecedented low levels, I would be interested to see a business case about a new stadium, adjoined to a hotel and entertainment venue etc. Over a 10-20 year view it is not guaranteed that this would fail to make money. Maybe a daft idea, maybe not, but it would seem unlikely that they are gambling on making money due to the unlikely event of us staying in the PL for a decade. There must be another angle.

Who knows, maybe this will be their plan, perhaps actually in the Calder Valley :shock:

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Re: ALK Capital...

Post by Duffer_ » Thu Oct 01, 2020 8:26 pm

CrosspoolClarets wrote:
Thu Oct 01, 2020 8:22 pm
...it is not guaranteed that this would fail to make money.
You make it sound so appealing. How do I invest? :D

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Re: ALK Capital...

Post by Danieljwaterhouse » Thu Oct 01, 2020 8:32 pm

Steddyman wrote:
Thu Oct 01, 2020 8:02 pm
My interest is piqued if you are getting posts deleted :)
It wasn’t about the deal! Someone who is yet to apologise got right under my skin and I bit! I was saved a ban 😂😂
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Local cricketer
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Re: ALK Capital...

Post by Local cricketer » Thu Oct 01, 2020 8:33 pm

Danieljwaterhouse wrote:
Thu Oct 01, 2020 8:32 pm
It wasn’t about the deal! Someone who is yet to apologise got right under my skin and I bit! I was saved a ban 😂😂
Hope you haven't set this company up Daniel just to lure people In ;)
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Re: ALK Capital...

Post by Danieljwaterhouse » Thu Oct 01, 2020 8:37 pm

Local cricketer wrote:
Thu Oct 01, 2020 8:33 pm
Hope you haven't set this company up Daniel just to lure people In ;)
This one isn’t one of mine...

But that would’ve been a brilliant idea!

I think a few said I would require serious medical intervention if I had made this up, thankfully it wasn’t poppycock!
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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 8:40 pm

CrosspoolClarets wrote:
Thu Oct 01, 2020 8:22 pm
With interest rates at unprecedented low levels, I would be interested to see a business case about a new stadium, adjoined to a hotel and entertainment venue etc. Over a 10-20 year view it is not guaranteed that this would fail to make money. Maybe a daft idea, maybe not, but it would seem unlikely that they are gambling on making money due to the unlikely event of us staying in the PL for a decade. There must be another angle.

Who knows, maybe this will be their plan, perhaps actually in the Calder Valley :shock:
"Who knows, maybe this will be their plan, perhaps actually in the Calder Valley"

Well I'm not trekking over to Halifax to watch Burnley every couple of weeks. ;)

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Re: ALK Capital...

Post by NewClaret » Thu Oct 01, 2020 8:47 pm

claretgilly wrote:
Thu Oct 01, 2020 5:32 pm
It's the offices of Pinsent Masons, law firm
I know the owner of that building, I’ll do some digging...

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Re: ALK Capital...

Post by superdimitri » Thu Oct 01, 2020 8:49 pm

Gordaleman wrote:
Thu Oct 01, 2020 7:07 pm
Don't be daft. Far worse things have been said about the people involved with ALK. I don't recall you having a go at them.
Not being daft at all. I assume you are a nice person, and therefore don't intend to offend others, so I thought I'd remark on your post.
No place for it imo.
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Re: ALK Capital...

Post by arise_sir_charge » Thu Oct 01, 2020 8:49 pm


"Who knows, maybe this will be their plan, perhaps actually in the Calder Valley"

Well I'm not trekking over to Halifax to watch Burnley every couple of weeks. ;)
Why are you now going on about the Calder Valley?

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Re: ALK Capital...

Post by Danieljwaterhouse » Thu Oct 01, 2020 8:59 pm

superdimitri wrote:
Thu Oct 01, 2020 8:49 pm
Not being daft at all. I assume you are a nice person, and therefore don't intend to offend others, so I thought I'd remark on your post.
No place for it imo.
Him or the post 🤷🏻

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Re: ALK Capital...

Post by NewClaret » Thu Oct 01, 2020 9:00 pm

NewClaret wrote:
Thu Oct 01, 2020 8:47 pm
I know the owner of that building, I’ll do some digging...
Knows nothing, thinks it’s linked to Rothschild Global Advisory, who are based there, which would make sense.

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Re: ALK Capital...

Post by Rileybobs » Thu Oct 01, 2020 9:02 pm

NewClaret wrote:
Thu Oct 01, 2020 9:00 pm
Knows nothing, thinks it’s linked to Rothschild Global Advisory, who are based there, which would make sense.
I think it was always unlikely that the owner of a building would be privy to the private business affairs of his tenants.

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Re: ALK Capital...

Post by arise_sir_charge » Thu Oct 01, 2020 9:05 pm

Rileybobs wrote:
Thu Oct 01, 2020 9:02 pm
I think it was always unlikely that the owner of a building would be privy to the private business affairs of his tenants.
It’s highly likely the office of a law firm will be the registered office for multiple businesses all belonging to people who have no connection to each other in any way.

Edit - just checked and there are nearly 40,000 businesses linked to that post code!

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Re: ALK Capital...

Post by bfcmik » Thu Oct 01, 2020 9:08 pm

arise_sir_charge wrote:
Thu Oct 01, 2020 8:49 pm
Why are you now going on about the Calder Valley?
Because there are TWO River Calders, each with a valley, which flow downhill in opposite directions from a point only a few dozen feet apart in the Cliviger Gorge. One to the North Sea via Hebden Bridge and Halifax and one to the Irish Sea via Burnley, Padiham and the River Ribble.

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Re: ALK Capital...

Post by Gordaleman » Thu Oct 01, 2020 9:11 pm

arise_sir_charge wrote:
Thu Oct 01, 2020 8:49 pm
Why are you now going on about the Calder Valley?
Try reading the post I was responding to, you might then realise.

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Re: ALK Capital...

Post by arise_sir_charge » Thu Oct 01, 2020 9:11 pm

bfcmik wrote:
Thu Oct 01, 2020 9:08 pm
Because there are TWO River Calders, each with a valley, which flow downhill in opposite directions from a point only a few dozen feet apart in the Cliviger Gorge. One to the North Sea via Hebden Bridge and Halifax and one to the Irish Sea via Burnley, Padiham and the River Ribble.
That makes sense.

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