ALK Capital or Farnell/Elkashashy takeover

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Ric_C
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Ric_C » Wed Nov 04, 2020 2:37 pm

Do we have any right midfielders coming through the youth ranks that SD can utilise?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 3:03 pm

arise_sir_charge wrote:
Wed Nov 04, 2020 12:23 pm
Why doesn't he just buy the house that Phil Collins never lived in?
Wasn't that at Fence?

Not surprised he's looking around the area. Should ALK buy the club then Pace will be the man running it.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by TheFamilyCat » Wed Nov 04, 2020 3:05 pm

ClaretTony wrote:
Wed Nov 04, 2020 3:03 pm
Wasn't that at Fence?

Not surprised he's looking around the area. Should ALK buy the club then Pace will be the man running it.
With Hale as his assistant?
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by aggi » Wed Nov 04, 2020 3:05 pm

Ric_C wrote:
Wed Nov 04, 2020 2:12 pm
Which makes our extremely frugal no show in the transfer market even more baffling
Not really, we'll be in a strong position due to that frugality.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 3:06 pm

TheFamilyCat wrote:
Wed Nov 04, 2020 3:05 pm
With Hale as his assistant?
Probably :D

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by TVC15 » Wed Nov 04, 2020 3:23 pm

Ric_C wrote:
Wed Nov 04, 2020 2:12 pm
Which makes our extremely frugal no show in the transfer market even more baffling
Not at all - CP referenced that our losses should be minimised....but they are still losses.
Whilst they are very likely to be a lot smaller losses than many other clubs that’s largely irrelevant as it’s more about the ability to cover the losses - and at this moment in time we do not have owners who are prepared to fund losses out of their own pocket.
So the upshot is that they either sell up or if they can’t sell we live within our means - which fortunately for us we had historical profits and prudence to buy the club a bit of time.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dark Cloud » Wed Nov 04, 2020 3:23 pm

It also strikes me (and has all along) that all PL clubs take their £125 million per year (or thereabouts) from the TV deal and then obviously make money on top of that via sponsorship and match day income. Let's say for arguments sake all 20 clubs are £10 million down from TV revenue due to Covid, the bigger the club, the bigger a hit they are ALSO taking from other streams. Didn't someone say Spurs look to take 800K per match day in tickets and drinks/food/merchandise. With crowds of around 20,000 we are actually losing peanuts from match day income compared to some and that must be hitting them VERY,VERY hard.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by FactualFrank » Wed Nov 04, 2020 3:30 pm

Dark Cloud wrote:
Wed Nov 04, 2020 3:23 pm
It also strikes me (and has all along) that all PL clubs take their £125 million per year (or thereabouts) from the TV deal and then obviously make money on top of that via sponsorship and match day income. Let's say for arguments sake all 20 clubs are £10 million down from TV revenue due to Covid, the bigger the club, the bigger a hit they are ALSO taking from other streams. Didn't someone say Spurs look to take 800K per match day in tickets and drinks/food/merchandise. With crowds of around 20,000 we are actually losing peanuts from match day income compared to some and that must be hitting them VERY,VERY hard.
Leeds spent their £125 million just on the transfer fees and I bet have a much bigger wage bill than ours. They spent overall £250 million like it was nothing. Like you say though, be interesting to see how much the bigger grounds are losing due to 0 crowd.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by claretonthecoast1882 » Wed Nov 04, 2020 3:34 pm

ClaretTony wrote:
Wed Nov 04, 2020 3:03 pm
Wasn't that at Fence?

Not surprised he's looking around the area. Should ALK buy the club then Pace will be the man running it.

If he bought Phil Collins house he could run around chanting su su sudio

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by TVC15 » Wed Nov 04, 2020 3:42 pm

Dark Cloud wrote:
Wed Nov 04, 2020 3:23 pm
It also strikes me (and has all along) that all PL clubs take their £125 million per year (or thereabouts) from the TV deal and then obviously make money on top of that via sponsorship and match day income. Let's say for arguments sake all 20 clubs are £10 million down from TV revenue due to Covid, the bigger the club, the bigger a hit they are ALSO taking from other streams. Didn't someone say Spurs look to take 800K per match day in tickets and drinks/food/merchandise. With crowds of around 20,000 we are actually losing peanuts from match day income compared to some and that must be hitting them VERY,VERY hard.
Interesting article from earlier this year

https://www.bbc.co.uk/sport/football/52529679

I think Arsenal and Spurs are the highest % of their total revenue at 30% and 20% of their total revenue coming from match day income - I’m sure I read that’s around £100m for each of them.
Man United sell 15,000 corporate hospitality tickets every home game - they employ 2,000 staff at each home game !! Those numbers are crazy - I’ve been to the hospitality at OT for the last few years to watch Burnley and it’s never been less than £300 per head.

Our match day revenue including hospitality will as you say be a fraction of these kind of numbers - probably less than £10m a year ?
But all that said it looks like based on our current ownership we work on fine margins and they are not prepared to subsidise losses. So £10m in lost match day revenues a year for an 18 month period is still pretty significant - especially when you add on any TV rebate, reductions in sponsorship / advertising deals etc....

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Chester Perry » Wed Nov 04, 2020 3:43 pm

claretonthecoast1882 wrote:
Wed Nov 04, 2020 3:34 pm
If he bought Phil Collins house he could run around chanting su su sudio
If it is the one at Huntroyde with helicopter landing pad it is back up for sale at the moment

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Bosscat » Wed Nov 04, 2020 3:43 pm

TheFamilyCat wrote:
Wed Nov 04, 2020 3:05 pm
With Hale as his assistant?
https://youtu.be/3CiGUMQZUgU
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 4:00 pm

Chester Perry wrote:
Wed Nov 04, 2020 3:43 pm
If it is the one at Huntroyde with helicopter landing pad it is back up for sale at the moment
I don't know where it was, but was told it was at Fence. It's in a particular warm area of Fence though because there is No Jacket Required.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by NewClaret » Wed Nov 04, 2020 4:01 pm

arise_sir_charge wrote:
Wed Nov 04, 2020 12:23 pm
Why doesn't he just buy the house that Phil Collins never lived in?
Phil Collins had a house in Rossendale???

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 4:04 pm

NewClaret wrote:
Wed Nov 04, 2020 4:01 pm
Phil Collins had a house in Rossendale???
No - at Fence
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by chorleyclaret » Wed Nov 04, 2020 4:14 pm

I was born and bred in Fence and remember the rumors flying around that he was buying a house in the area. He might have looked but I never came across anyone who knew where it was or whether he actually bought something.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 4:15 pm

chorleyclaret wrote:
Wed Nov 04, 2020 4:14 pm
I was born and bred in Fence and remember the rumors flying around that he was buying a house in the area. He might have looked but I never came across anyone who knew where it was or whether he actually bought something.
Whether he bought the house or not, we did go in Smackwater Jacks in Burnley one day and he was stood at the bar. It was him, not Ashley Hoskin, this was in the days when Ash had hair.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by NewClaret » Wed Nov 04, 2020 4:22 pm

ClaretTony wrote:
Wed Nov 04, 2020 4:04 pm
No - at Fence
Was going to say!!

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Wile E Coyote » Wed Nov 04, 2020 4:29 pm

it was just off the padiham by pass. classed as Higham though. He wasn't in it too long.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 4:41 pm

Wile E Coyote wrote:
Wed Nov 04, 2020 4:29 pm
it was just off the padiham by pass. classed as Higham though. He wasn't in it too long.
Believed to be trying to buy an interest in Burnley FC but Teasdale was quick to see him off.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by jtv » Wed Nov 04, 2020 4:58 pm

ClaretTony wrote:
Wed Nov 04, 2020 4:41 pm
Believed to be trying to buy an interest in Burnley FC but Teasdale was quick to see him off.
He has a net worth of $300 million dollars according to t Internet. Perhaps MG can have a word?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Hipper » Wed Nov 04, 2020 5:20 pm

Dark Cloud wrote:
Wed Nov 04, 2020 3:23 pm
It also strikes me (and has all along) that all PL clubs take their £125 million per year (or thereabouts) from the TV deal and then obviously make money on top of that via sponsorship and match day income. Let's say for arguments sake all 20 clubs are £10 million down from TV revenue due to Covid, the bigger the club, the bigger a hit they are ALSO taking from other streams. Didn't someone say Spurs look to take 800K per match day in tickets and drinks/food/merchandise. With crowds of around 20,000 we are actually losing peanuts from match day income compared to some and that must be hitting them VERY,VERY hard.
I thought one of our concerns was a possible refund of Overseas TV rights:

https://www.bbc.co.uk/sport/football/54014827

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Zlatan » Wed Nov 04, 2020 5:26 pm

jtv wrote:
Wed Nov 04, 2020 4:58 pm
He has a net worth of $300 million dollars according to t Internet. Perhaps MG can have a word?
Unfortunately that wont be enough anymore

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by BigChaCha » Wed Nov 04, 2020 5:27 pm

no it doesn't, it is fully aligned with the long view from a financial perspective, it demonstrates a belief in the manager and the player resources and encourages the manager to use some of the young talent the club has invested so much in developing
Up until about 3 or 4 windows ago I would have agreed with that and it would have made sense but it is just plainly obvious that the club has just given up on the Premier League since the last 2+ transfer windows!

There is being frugal and gently persuading the manager to look more at younger internal players and then there is just being recklessly frugal. Even by Burnley standards, the last few windows have been radically poor and have shown something wasn't right.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Jel » Wed Nov 04, 2020 5:33 pm

randomclaret2 wrote:
Wed Nov 04, 2020 12:09 pm
Boden has tweeted that Alan Pace has travelled up from London to view properties in the Rossendale area
That's it then.
Purchase some fields in Crawshawbooth and sell the Turf!

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Grumps » Wed Nov 04, 2020 5:42 pm

randomclaret2 wrote:
Wed Nov 04, 2020 12:09 pm
Boden has tweeted that Alan Pace has travelled up from London to view properties in the Rossendale area
I know there are not a lot of facts out there, and lot's of guessing on this thread, but if this is correct you would imagine the American bid has more chance than is being guessed at.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 5:44 pm

Jel wrote:
Wed Nov 04, 2020 5:33 pm
That's it then.
Purchase some fields in Crawshawbooth and sell the Turf!
They won't be selling the Turf
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Steve-Harpers-perm » Wed Nov 04, 2020 5:45 pm

Jel wrote:
Wed Nov 04, 2020 5:33 pm
That's it then.
Purchase some fields in Crawshawbooth and sell the Turf!
No surprise he wants to leave the US to move to the tranquility of the Rossendale Valley!

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by bodge » Wed Nov 04, 2020 5:45 pm

It's about time we got some pace into the club.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dark Cloud » Wed Nov 04, 2020 5:58 pm

Hipper wrote:
Wed Nov 04, 2020 5:20 pm
I thought one of our concerns was a possible refund of Overseas TV rights:

https://www.bbc.co.uk/sport/football/54014827
I'm sure it is. What i was (maybe clumsily?) trying to say is that the TV revenue, including rebates etc, is pretty much the same for everyone and to some extent levels the currenlv playing field, in theory, because the extra income the big clubs generate on match days just isn't there.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by dsr » Wed Nov 04, 2020 5:59 pm

Jel wrote:
Wed Nov 04, 2020 5:33 pm
That's it then.
Purchase some fields in Crawshawbooth and sell the Turf!
Some empty fields in Crawshawbooth are probably worth a lot more than the Turf.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by mybloodisclaret » Wed Nov 04, 2020 6:39 pm

Finally..... a like off CT.... I can see where things are moving now.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by bfcmik » Wed Nov 04, 2020 6:54 pm

Dark Cloud wrote:
Wed Nov 04, 2020 5:58 pm
I'm sure it is. What i was (maybe clumsily?) trying to say is that the TV revenue, including rebates etc, is pretty much the same for everyone and to some extent levels the currenlv playing field, in theory, because the extra income the big clubs generate on match days just isn't there.
The TV rights aren't shared equally though. It is a fixed fee for the 1st 10 games then you are paid extra for each additional live TV broadcast you have. We get 9, 10 or even 11 appearances a season so receive the flat fee guaranteed whilst tams like City, United, Liverpool and Chelsea (probably add Leeds to that this season) get 30+ live games broadcast so they get much more appearance money than us.

BFC's other big loss will be merchandising, the shop used to be rammed full before a home game. It just ain't the same buying online just so you can sit in your house showing off your new gear!
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretAL » Wed Nov 04, 2020 6:56 pm

mybloodisclaret wrote:
Wed Nov 04, 2020 6:39 pm
Finally..... a like off CT.... I can see where things are moving now.
Yep I also picked up on that and although I dont know the intricate details, but I have always preferred the American bid to the Egyptian, although DJW obviously knows more than I do seems to prefer the Egyptian bid.
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by NewClaret » Wed Nov 04, 2020 6:57 pm

CT - you got any idea where Pace’s money is coming from? Not asking you to tell us, just wondering if you’d heard?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by mybloodisclaret » Wed Nov 04, 2020 7:27 pm

I am genuinely intrigued by the Middle Eastern bid, however, the links with what appears to be some of the questionnable conduct of those associated with it, going off what other real fans have said, means i'm more in the ALK camp. It may be that those behind the bid know the reputation of those connected to it, who knows.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Dodobdobodobo » Wed Nov 04, 2020 7:36 pm

It would be ‘Against All Odds’ if Phil Collins invested in BFC :D

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 7:41 pm

NewClaret wrote:
Wed Nov 04, 2020 6:57 pm
CT - you got any idea where Pace’s money is coming from? Not asking you to tell us, just wondering if you’d heard?
I know nothing, well nothing I’m able to post on here although I’ve spent hours on this since the Elkashashy/Farnell story came out last week. I do have a lot of information now but I can’t share.

As for the like, it was more about getting pace into the team.

All I would say, from what I know or think I know, is that I would prefer the ALK bid although I’ve no idea where the money is coming from in either case.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Leisure » Wed Nov 04, 2020 7:45 pm

bodge wrote:
Wed Nov 04, 2020 5:45 pm
It's about time we got some pace into the club.
I see what you did there! ;)

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Grumps » Wed Nov 04, 2020 7:50 pm

ClaretTony wrote:
Wed Nov 04, 2020 7:41 pm
I know nothing, well nothing I’m able to post on here although I’ve spent hours on this since the Elkashashy/Farnell story came out last week. I do have a lot of information now but I can’t share.

As for the like, it was more about getting pace into the team.

All I would say, from what I know or think I know, is that I would prefer the ALK bid although I’ve no idea where the money is coming from in either case.
I thought he meant the like of the post wondering if the American bid was closer than thought.... But I could be wrong

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by BenWickes » Wed Nov 04, 2020 7:51 pm

ClaretTony wrote:
Wed Nov 04, 2020 7:41 pm
I know nothing, well nothing I’m able to post on here although I’ve spent hours on this since the Elkashashy/Farnell story came out last week. I do have a lot of information now but I can’t share.

As for the like, it was more about getting pace into the team.

All I would say, from what I know or think I know, is that I would prefer the ALK bid although I’ve no idea where the money is coming from in either case.
Quite where I'll differ from DJW. He'd prefer the Egyptian model. From what I have been told. I think I and no doubt most Clarets would prefer ALK. I have heard a lot of positive things.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by mybloodisclaret » Wed Nov 04, 2020 7:58 pm

BenWickes wrote:
Wed Nov 04, 2020 7:51 pm
Quite where I'll differ from DJW. He'd prefer the Egyptian model. From what I have been told. I think I and no doubt most Clarets would prefer ALK. I have heard a lot of positive things.

Come on Ben, give us some headline highlights....

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by JohnDearyMe » Wed Nov 04, 2020 8:00 pm

BenWickes wrote:
Wed Nov 04, 2020 7:51 pm
Quite where I'll differ from DJW. He'd prefer the Egyptian model. From what I have been told. I think I and no doubt most Clarets would prefer ALK. I have heard a lot of positive things.
I'm a bit confused by the assertion that the Egyptian bid is state backed. I think we'd all like to know more detail about this and also why Elkashashy and Farnell were only recently sniffing around Charlton?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by BenWickes » Wed Nov 04, 2020 8:02 pm

mybloodisclaret wrote:
Wed Nov 04, 2020 7:58 pm
Come on Ben, give us some headline highlights....
Absolutely not happening for two reasons.
It's out in the open now and therefore leave them to figure it out.
I've been asked not to say anything more.

If you hadn't noticed I haven't posted much recently.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by mybloodisclaret » Wed Nov 04, 2020 8:02 pm

JohnDearyMe wrote:
Wed Nov 04, 2020 8:00 pm
I'm a bit confused by the assertion that the Egyptian bid is state backed. I think we'd all like to know more detail about this and also why Elkashashy and Farnell were only recently sniffing around Charlton?

If they had been talking trying to purchase Charlton during the summer, but had been talking to Mike Garlic for 12 months it tells me that they aren't real Burnley fans.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by BenWickes » Wed Nov 04, 2020 8:06 pm

JohnDearyMe wrote:
Wed Nov 04, 2020 8:00 pm
I'm a bit confused by the assertion that the Egyptian bid is state backed. I think we'd all like to know more detail about this and also why Elkashashy and Farnell were only recently sniffing around Charlton?
Only found out Farnell myself at the same time as everyone on here. It's not difficult to join the dots regards the rest of it and Dubai. That said. I'm not convinced by that bid. ALK looks a lot stronger long term.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Chester Perry » Wed Nov 04, 2020 8:06 pm

mybloodisclaret wrote:
Wed Nov 04, 2020 8:02 pm
If they had been talking trying to purchase Charlton during the summer, but had been talking to Mike Garlic for 12 months it tells me that they aren't real Burnley fans.
or thought they were out of the running for Burnley because of ALK, so looked at the Charlton option - lots of reasons for looking at other clubs and opportunities

mybloodisclaret
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Re: ALK Capital or Farnell/Elkashashy takeover

Post by mybloodisclaret » Wed Nov 04, 2020 8:11 pm

I was only messing about them being Burnley fans... pretty sure neither group are Burnley fans. If that's the case, I wonder why they returned and where the "contracts exchanged" story came from?

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by ClaretTony » Wed Nov 04, 2020 8:37 pm

BenWickes wrote:
Wed Nov 04, 2020 7:51 pm
Quite where I'll differ from DJW. He'd prefer the Egyptian model. From what I have been told. I think I and no doubt most Clarets would prefer ALK. I have heard a lot of positive things.
Similar. I’ve a couple more people I still want to speak to on the ALK bid. I’ve spoken to a lot of people re the other reported bid.

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Re: ALK Capital or Farnell/Elkashashy takeover

Post by Aclaret » Wed Nov 04, 2020 8:44 pm

Keep us posted Tony.

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