£180 million. BFC

KRBFC · Post by **KRBFC** » Sat Mar 03, 2018 10:53 am

providing we don't give them more than Garlick's 49%, what's the harm? they would still have no say, Garlick would retain full authority, correct?

cricketfieldclarets · Post by **cricketfieldclarets** » Sat Mar 03, 2018 10:55 am

KRBFC wrote:providing we don't give them more than Garlick's 49%, what's the harm? they would still have no say, Garlick would retain full authority, correct?

edit posted twice.

Sidney1st · Post by **Sidney1st** » Sat Mar 03, 2018 10:57 am

: maxresdefault.jpg (37.36 KiB) Viewed 4044 times

KRBFC at the thought of massive foreign investment and a managerial merry go round with Silva on it.

cricketfieldclarets · Post by **cricketfieldclarets** » Sat Mar 03, 2018 11:00 am

KRBFC wrote:providing we don't give them more than Garlick's 49%, what's the harm? they would still have no say, Garlick would retain full authority, correct?

Theoretically yes. I heard that we had such an offer from some chinese consortium and we dismissed it straight away. Not sure why in that case. But effectively theyd have had less than a majority.

JohnDearyMe · Post by **JohnDearyMe** » Sat Mar 03, 2018 11:00 am

Hope we undertake the right amount of due diligence into any potential takeover bids. Didn't the ex owner of Birmingham end up in court in Hong Kong on a money laundering charge shortly after the takeover there?
Remember Portsmouth having a lot of unsavoury characters involved too

CrosspoolClarets · Post by **CrosspoolClarets** » Sat Mar 03, 2018 11:05 am

I find it incredible that the Burnley Express is reporting a source saying there is nothing in it when the Times reports a non disclosure agreement has been signed. Do the BE not understand what a non disclosure agreement is? People HAVE to deny it.

It seems unrealistic that at some point the board will not think of their own families inheritance and sell out.

That could lead to anything. New stadium. New manager. Unique brand disappears. There are positives (decent facilities for the fans maybe, at last?). The negatives (risks, if you will) though seem to far outweigh them, when you look at the fortunes of other clubs who have been bought out. My advice to myself is, enjoy it while I can.

Hipper · Post by **Hipper** » Sat Mar 03, 2018 11:07 am

cricketfieldclarets wrote:Garlick and co wont throw away their legacy for a few quid.

A few quid?

If the shareholding percentages listed above are correct, MG gets £88.7 million and JB £49.5 million. I've no idea how that compares with their current wealth but I would guess these figures would be tempting. Perhaps they could also be given paid posts by the new incumbents. Who knows what they are thinking. In the end it is not only about themselves but their families. How does that compare to a football club.

If they pass it on to new Burnley fan type owners for a small fee, how do they know that those in turn won't cash in.

Whilst like many I love the way the club is now and would rather we were relegated then bought by investors, real life isn't so romantic unfortunately. This has an air of inevitability about it.

mikeS · Post by **mikeS** » Sat Mar 03, 2018 11:08 am

Sounds dodgy.

cricketfieldclarets · Post by **cricketfieldclarets** » Sat Mar 03, 2018 11:11 am

Hipper wrote:A few quid?

If the shareholding percentages listed above are correct, MG gets £88.7 million and JB £49.5 million. I've no idea how that compares with their current wealth but I would guess these figures would be tempting. Perhaps they could also be given paid posts by the new incumbents. Who knows what they are thinking. In the end it is not only about themselves but their families. How does that compare to a football club.

If they pass it on to new Burnley fan type owners for a small fee, how do they know that those in turn won't cash in.

Whilst like many I love the way the club is now and would rather we were relegated then bought by investors, real life isn't so romantic unfortunately. This has an air of inevitability about it.

Its a fair point. And its not unreasonable to expect them to cash in when its best for them. I think we would all be unanimous in not begrudging them that.

But i do think theyd do whats right for the club first and foremost. When you are so wealthy money becomes less and less valuable.

If the theoretical chinese bid is going to make them worth 50m a piece but the american ones better for the club and make them 30 i genuinely think theyd do the latter...

Agree giving it away to someone local could have far worse implications than sellong to a foreigner.

Right_winger · Post by **Right_winger** » Sat Mar 03, 2018 11:18 am

Sell Sell Sell. If we are to move on we need more investment.

Wouldn't it be nice to have us picking up someone like Jonas from Benfica for £40m bangers regulalry?

Man of Kent · Post by **Man of Kent** » Sat Mar 03, 2018 11:26 am

Paul Waine wrote:Report in today's Times Football Notebook that BFC have signed a non-disclosure agreement with unnamed US media companyAmerican.

Well some non-disclosure agreement that turned out to be! I've signed and received many NDAs over the years and they are usually watertight with both sides keeping totally silent until something is officially announced and a deal is done. More often than not though, they go nowhere. It just gives both parties an environment in which to discuss all possibilities without the world watching and means little more than that. Anyway, they are legally binding and the consequences for breaching the terms and leaking news can be very serious. This sounds like speculative kite flying all the way.

KRBFC · Post by **KRBFC** » Sat Mar 03, 2018 11:31 am

cricketfieldclarets wrote:Its a fair point. And its not unreasonable to expect them to cash in when its best for them. I think we would all be unanimous in not begrudging them that.

But i do think theyd do whats right for the club first and foremost. When you are so wealthy money becomes less and less valuable.

If the theoretical chinese bid is going to make them worth 50m a piece but the american ones better for the club and make them 30 i genuinely think theyd do the latter...

Agree giving it away to someone local could have far worse implications than sellong to a foreigner.

How self sustainable are we if relegation happens? I guess it wouldn't be long before the board would have to stump up cash from their pocket to run the club.

How does Garlick and co make money from Burnley? Do they take a % of TV income for themselves? (this is not an accusation, it's a question). Surely they don't run a profitable business for the fun of it?

brigante · Post by **brigante** » Sat Mar 03, 2018 11:52 am

Club says it's bollorcks

BOYSIE31 · Post by **BOYSIE31** » Sat Mar 03, 2018 12:12 pm

Paul Waine wrote:Report in today's Times Football Notebook that BFC have signed a non-disclosure agreement with unnamed US media companyAmerican. Club is valued at £180 million.

Other investor(s) also suggested to be taking a look.

Burnley official said last night that they are not actively looking to sell the club.

Is this good news for small shareholders? Fans?

UTC

We need further injection to progress so as long as the board stays as it is I'm all for it

Espia · Post by **Espia** » Sat Mar 03, 2018 12:30 pm

Honestly, I'd rather we were relegated than for this to happen.

Almost inevitable though. Board won't be around forever and when the time comes they'll want to here the "kerching!" ring out as they disappear into an affluent retirement beyond their wildest dreams. Cynic ... moi ?

RingoMcCartney · Post by **RingoMcCartney** » Sat Mar 03, 2018 2:42 pm

JohnMac wrote:£180m is a drop in the ocean. Middle Eastern interest, probably Syria

Assad after our assets.

Vegas Claret · Post by **Vegas Claret** » Sat Mar 03, 2018 2:48 pm

I put my full faith in Garlick to do what is right for the club - he might be the big cheese but he's a massive fan, he will do whatever he deems the right thing to do and I'm happy with that.

levraiclaret · Post by **levraiclaret** » Sat Mar 03, 2018 2:56 pm

wickdkewlclaret wrote:I really hope we don't 'sell out'.

You can say that again.

Nonayforever · Post by **Nonayforever** » Sat Mar 03, 2018 7:47 pm

As daft as it sounds, this is ( I believe) the main reason for our slump in form over the last few games.

Any outside investment will worry SD ( see Watford) I have stated before on other threads that he doesn't want to finish 7th this season as the chance to progress in future seasons is limited.

The only reason an outside investor wants to invest is to make money. That reason alone puts the whole club on a totally different footing.
Players, manager's and staff only look at the short term which is grab what you can while you can.

A disaster waiting to happen for Burnley.

bob-the-scutter · Post by **bob-the-scutter** » Sat Mar 03, 2018 7:49 pm

Bfcboyo wrote:This is a local club for local people.

There`s nothing for investors here!

TVC15 · Post by **TVC15** » Sat Mar 03, 2018 7:52 pm

Nonayforever wrote:As daft as it sounds, this is ( I believe) the main reason for our slump in form over the last few games.

Any outside investment will worry SD ( see Watford) I have stated before on other threads that he doesn't want to finish 7th this season as the chance to progress in future seasons is limited.

The only reason an outside investor wants to invest is to make money. That reason alone puts the whole club on a totally different footing.
Players, manager's and staff only look at the short term which is grab what you can while you can.

A disaster waiting to happen for Burnley.

I think you are spot on - ie what you are saying sounds daft

Pstotto · Post by **Pstotto** » Sat Mar 03, 2018 7:57 pm

180 Billion???????? Cheapskates...

Nonayforever · Post by **Nonayforever** » Sat Mar 03, 2018 8:04 pm

TVC
You obviously think the same as me and think a takeover will be bad for Burnley, but why do you think the recent poor run of form isn't linked to the takeover ?

What else has happened recently to result in the loss of form?
Please don't say injuries, we have played a lot worse against lower teams than Everton with more or less the same team.

TVC15 · Post by **TVC15** » Sat Mar 03, 2018 8:10 pm

Nonayforever wrote:TVC
You obviously think the same as me and think a takeover will be bad for Burnley, but why do you think the recent poor run of form isn't linked to the takeover ?

What else has happened recently to result in the loss of form?
Please don't say injuries, we have played a lot worse against lower teams than Everton with more or less the same team.

Please don’t say injuries ?!!!!
You mean that missing the spine of our team including the best player this season is less relevant to something that is not happening on the pitch and completely outside of the control of the players ?

Aye i’m sure all those boardroom negotiations (if they ever happened) were keeping our players up every night.

Oh and btw we have not played lower teams than Everton with more or less the same team - and Everton have one of the worst away records in the league.

k90bfc · Post by **k90bfc** » Sat Mar 03, 2018 8:11 pm

If these come in,One condition,ROCKY AS CHAIRMAN,too keep our club the same as they are now!UTC.

LeadBelly · Post by **LeadBelly** » Sat Mar 03, 2018 8:12 pm

Our defence is worth c. £180 million- let alone all the other players/assets. (On the basis that Van Dijk is £75m).
A derisory offer. (I always imagine a 1970s Trade Union leader saying that).

Hopefully the majority of shareholders are true Clarets anyway and not liable to get their heads turned by a few £millions of profit. I believe that is the case.

walter the softy · Post by **walter the softy** » Sat Mar 03, 2018 8:23 pm

Right_winger wrote:Sell Sell Sell. If we are to move on we need more investment.

Wouldn't it be nice to have us picking up someone like Jonas from Benfica for £40m bangers regulalry?

Would it? I am quite happy as it is having players who run themselves into the ground for the club and owners who actually know where to locate Burnley on a map.

Beside which, do you really think anyone would have the amount of money available for us to be able to "move on" from where we already are? Overtaking Arsenal with just a financial investment would require at least half a billion in money terms and would not be sustainable over time.

Team spirit and will to win are not so easy to buy. Luckily we already have those qualities in abundance.

Be careful what you wish for...

Steve-Harpers-perm · Post by **Steve-Harpers-perm** » Sat Mar 03, 2018 8:29 pm

Would welcome any investment but only if the current board and future members remained firmly in charge.

IanMcL · Post by **IanMcL** » Sat Mar 03, 2018 8:32 pm

The best thing for town and club would be for the directors to reclaim their original stake in the club, at a suitable time, then one by one, place their stock holding into a Burnley FC trust. When they wish to retire, the remain directors can replace the retiring director with another Claret clued up business fan - as they are. That way, the club can always be local. Better local than just another rich man's plaything.

starting_11 · Post by **starting_11** » Sat Mar 03, 2018 8:39 pm

Unfortunately for us, we would probably be one of the cheapest Premier League clubs going... if someone wants a PL plaything, we may very well be on their radar.

And usually, the cheaper the club, the dodgier the foreign owner.

Clarets4me · Post by **Clarets4me** » Sat Mar 03, 2018 8:59 pm

I for one, would be very suspicious of the motives of any potential Foreign investor/Buyer in a club of our size. In the normal scheme of things, investors put in money to get a return on their investment...even the Glaziers borrowed the bulk of the money to buy United and have since repaid that money by heaping the debt on to the Football Club..

I don't want a Lithuanian business-man buying 20% of our Club, I don't want an unknown Brazilian buying our Club & then forgetting where his cheque-book is, I don't want people trying to change our Club's name, or our Club colours. I don't want our Chairman being banged up abroad for money-laundering, I don't want to be at the whim of an Eastern European oligarch, but above all, in the name of all that is good and holy, I do not want Burnley F.C. to be the vehicle for some Chicken farmers to increase their " Global brand f*%$ing awareness " !!!

I like the fact we have Directors called Mike, John, Barry, and Brendon who are supporters and have a shared history and experience with the fans. I like the fact one of them arranges to buy travelling supporters a beer, when we're playing in London. I like the fact they don't take a salary or dividends, and I like the fact we still accept pitchside advertising from local bakeries,solicitors and scaffolding companies who supported the Club when the Club needed it, and havn't been forgotten now we're having a taste of the big-time....

I posted the above in January 2017, on a similarly themed thread....my view has not changed..UTC !!

thelaughingclaret · Post by **thelaughingclaret** » Sat Mar 03, 2018 9:08 pm

If we do get taken over I’ve got a funny feeling we will be the new Portsmouth. Smallish clubs that are taken over and owned by foreigners never work out well. In 10 years time we will be in league 2 with Steve McLaren or similar as our manager.

Just leave the club alone! We don’t ‘need investment’. We are fine doing as we do now and have done in the past. If it isn’t broke don’t fix it!
We are Burnley, not Barcelona!

dsr · Post by **dsr** » Sat Mar 03, 2018 9:50 pm

Devils_Advocate wrote:Cant see it happening but would obviously be excellent news and brilliant for the future of the club if it did

You haven't grasped the point of being devil's advocate, I'm afraid. It's not just a matter of saying the opposite of what everyone else is thinking - you're supposed to give rational and logical arguments.

cricketfieldclarets · Post by **cricketfieldclarets** » Sat Mar 03, 2018 11:01 pm

Personally think we should be doing all we can to get red bull involved. Done a pheonomenal job with salzburg and leipzing. Both flying domestically and in europe and play outstanding football.

Althoygh for branding purposes I think Monster would be better.

walter the softy · Post by **walter the softy** » Sun Mar 04, 2018 3:10 pm

cricketfieldclarets wrote:Personally think we should be doing all we can to get red bull involved. Done a pheonomenal job with salzburg and leipzing. Both flying domestically and in europe and play outstanding football.

Althoygh for branding purposes I think Monster would be better.

135 years of tradition for Burnley. I would think twice about throwing that away for some gimmicky link up with Red Bull. Would really not like to be called Red Bull Burnley or whatever in any case.

Besides which, RB Leipzig are absolutely detested in their country. Protests follow them wherever they play because of the Red Bull takeover.

I am happy with what we have achieved on our own merits. Long may that continue.

chekhov · Post by **chekhov** » Sun Mar 04, 2018 3:23 pm

cricketfieldclarets wrote:Personally think we should be doing all we can to get red bull involved. Done a pheonomenal job with salzburg and leipzing. Both flying domestically and in europe and play outstanding football.

Althoygh for branding purposes I think Monster would be better.

Poor fishing attempt surely?

iluva64 · Post by **iluva64** » Sun Mar 04, 2018 4:18 pm

If there is any truth in this story, I feel a sequel to this enactment in the offering

biggles · Post by **biggles** » Sun Mar 04, 2018 4:25 pm

i'm kindda on the fence on this one. more money invested into the playing staff would always be welcome. the club have spent quite heavily on several players in the last couple of seasons and that has done well for us. with another season's 'tv money' in the pipeline i would expect the club will bring in several more 'high ticket price' players in the summer. with SD as manager we have [if not the most attractive footballing style] a great manager and stability that comes with having the same manager for a few years. on the other hand, foreign ownership would probably provide even more money to bring in new players [and perhaps an upgrade to Turf Moor, bringing it more into line with what a premiership stadium should look like]. the downside of foreign ownership is ....... many; Cardiff's change to red comes to mind, and that is probably the most trivial of the negatives. probably best leave well alone and trust the bosses to invest the largest amount in the club's history before next season starts.

NRC · Post by **NRC** » Sun Mar 04, 2018 5:40 pm

biggles wrote:i'm kindda on the fence on this one. more money invested into the playing staff would always be welcome. the club have spent quite heavily on several players in the last couple of seasons and that has done well for us. with another season's 'tv money' in the pipeline i would expect the club will bring in several more 'high ticket price' players in the summer

I for one don't feel we actually need much more than a center half and a number 10. Have you seen who the top six are? With a couple of adjustments and sensible husbandry, we're a competing club as "best of the rest"

I'm not against investment, quite the reverse, I've been an proponent of it down the years, but even with it, to compete between 6th and 10th should be the sensible target

Shore claret · Post by **Shore claret** » Sun Mar 04, 2018 6:00 pm

I never understand investment, why would someone just give you money surely they want something back?
The question is what do they want back

Heaton's Gloves · Post by **Heaton's Gloves** » Sun Mar 04, 2018 7:05 pm

cricketfieldclarets wrote:As have chelsea, man city, arsenal, man utd and leicester. I.e. the only 5 clubs to win the league this century.

The suspicion and and fear burnley fans treat change is hilarious.

The burnley board would do their due dilligence. We are relatively risk averse. And that would come into play when selecting investors.

Garlick and co wont throw away their legacy for a few quid.

This type of investment could be the thing that takes us up to the next level.

We are in a far different situation and times to when Rovers and co were taken over.

There is no ‘next level’ for a club such as ours. We cannot fill our ground now. We are punching at the absolute top of our ability as a football club. It’s absolutely fantastic, but any thoughts of a next level is surely a pipe dream.

ontario claret · Post by **ontario claret** » Sun Mar 04, 2018 7:36 pm

Mike Garlick is 100% Claret. What would he do with his spare time? Besides, it's an increasing asset. Investing is all about timing the market.

ontario claret · Post by **ontario claret** » Sun Mar 04, 2018 7:40 pm

And cricketfields is right. Burnley fans are the extreme of old school. Look at our chants. The only one we've actually mastered is the "Burnley, Burnley, Burnley, Burnley, etc., etc., etc.," one. That's because you can't forget the words.

summitclaret · Post by **summitclaret** » Sun Mar 04, 2018 7:54 pm

"I for one don't feel we actually need much more than a center half and a number 10. Have you seen who the top six are? With a couple of adjustments and sensible husbandry, we're a competing club as "best of the rest""

This.

ontario claret · Post by **ontario claret** » Sun Mar 04, 2018 8:02 pm

All I can say is, if Leicester can do it, so can we.

KRBFC · Post by **KRBFC** » Sun Mar 04, 2018 8:04 pm

Nonayforever wrote:As daft as it sounds, this is ( I believe) the main reason for our slump in form over the last few games.

Any outside investment will worry SD ( see Watford) I have stated before on other threads that he doesn't want to finish 7th this season as the chance to progress in future seasons is limited.

The only reason an outside investor wants to invest is to make money. That reason alone puts the whole club on a totally different footing.
Players, manager's and staff only look at the short term which is grab what you can while you can.

A disaster waiting to happen for Burnley.

An outside investor wouldn't have the authority to sack Dyche so why would he be worried?

Why do investors invest in football clubs? presumably to make money? So why are the club saying they always look for investment?

ontario claret · Post by **ontario claret** » Sun Mar 04, 2018 8:18 pm

Huh? Off your meds, again, KRBFC?

cricketfieldclarets · Post by **cricketfieldclarets** » Mon Mar 05, 2018 10:02 am

walter the softy wrote:135 years of tradition for Burnley. I would think twice about throwing that away for some gimmicky link up with Red Bull. Would really not like to be called Red Bull Burnley or whatever in any case.

Besides which, RB Leipzig are absolutely detested in their country. Protests follow them wherever they play because of the Red Bull takeover.

I am happy with what we have achieved on our own merits. Long may that continue.

No one likes us, we dont care! We are Red Bull, Red Bull Burnley...

cricketfieldclarets · Post by **cricketfieldclarets** » Mon Mar 05, 2018 10:05 am

Heaton's Gloves wrote:There is no ‘next level’ for a club such as ours. We cannot fill our ground now. We are punching at the absolute top of our ability as a football club. It’s absolutely fantastic, but any thoughts of a next level is surely a pipe dream.

Sorry but I have to disagree.

Before the money Chelsea had the same history as us and Man City and even Spurs not much more. I wont even mention Leicester.

Arsenal, Man Utd, Liverpool and Everton Perhaps... But three of them have failed to compete for the title in over a decade (or two or three in the scousers' cases!)

cricketfieldclarets · Post by **cricketfieldclarets** » Mon Mar 05, 2018 10:05 am

ontario claret wrote:And cricketfields is right. Burnley fans are the extreme of old school. Look at our chants. The only one we've actually mastered is the "Burnley, Burnley, Burnley, Burnley, etc., etc., etc.," one. That's because you can't forget the words.

so true!