Turf Moor and Cricket Ground SOLD

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
mikeS
Posts: 1141
Joined: Sun Jan 24, 2016 8:21 am
Been Liked: 406 times
Has Liked: 20 times

Turf Moor and Cricket Ground SOLD

Post by mikeS » Sun Mar 28, 2021 5:11 pm

September 1922 and at the Sir John Thursby Estate Auction, Burnley FC buy Turf moor and the Cricket ground for £8,000.
Turf Moor went for £4,500 and the Cricket ground £3,500. What a bargain!
Screen Shot 1 2021-03-28 at 17.04.48.png
Screen Shot 1 2021-03-28 at 17.04.48.png (526.83 KiB) Viewed 4334 times
Screen Shot 2 2021-03-28 at 17.05.05.png
Screen Shot 2 2021-03-28 at 17.05.05.png (657.31 KiB) Viewed 4334 times
Screen Shot 3 2021-03-28 at 17.05.26.png
Screen Shot 3 2021-03-28 at 17.05.26.png (636.28 KiB) Viewed 4334 times
These 3 users liked this post: elwaclaret gawthorpe_view Buxtonclaret

ClaretAndJew
Posts: 6988
Joined: Thu Jan 21, 2016 7:08 am
Been Liked: 2412 times
Has Liked: 467 times
Location: Earth

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretAndJew » Sun Mar 28, 2021 5:27 pm

Clickbait
This user liked this post: bobinho

evensteadiereddie
Posts: 7192
Joined: Thu Jan 21, 2016 9:45 pm
Been Liked: 2307 times
Has Liked: 6699 times
Location: Staffordshire

Re: Turf Moor and Cricket Ground SOLD

Post by evensteadiereddie » Sun Mar 28, 2021 5:47 pm

Interesting.
This user liked this post: gawthorpe_view

bfcjg
Posts: 7531
Joined: Fri Jan 22, 2016 8:17 pm
Been Liked: 2899 times
Has Liked: 3005 times

Re: Turf Moor and Cricket Ground SOLD

Post by bfcjg » Sun Mar 28, 2021 6:29 pm

Interesting that the club also bought the cricket ground as well, shame they didn't hold onto it.

elwaclaret
Posts: 3410
Joined: Thu Jan 21, 2016 9:57 am
Been Liked: 896 times
Has Liked: 1594 times

Re: Turf Moor and Cricket Ground SOLD

Post by elwaclaret » Sun Mar 28, 2021 6:34 pm

Very interesting find. Enjoyed reading it. Are you researching anything in particular Mike or trawling the archive?

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Sun Mar 28, 2021 6:36 pm

When did the football club sell the cricket ground?

bfcjg
Posts: 7531
Joined: Fri Jan 22, 2016 8:17 pm
Been Liked: 2899 times
Has Liked: 3005 times

Re: Turf Moor and Cricket Ground SOLD

Post by bfcjg » Sun Mar 28, 2021 6:40 pm

I thought they tried to buy the cricket ground a few years ago for future developments to the CFS.

BurnleyFC
Posts: 1944
Joined: Thu Jan 21, 2016 11:51 am
Been Liked: 686 times
Has Liked: 463 times

Re: Turf Moor and Cricket Ground SOLD

Post by BurnleyFC » Sun Mar 28, 2021 6:40 pm

So we own the cricket club as well?

Great! We can relocate Burnley CC and redevelop Turf Moor properly...

Top Claret
Posts: 3722
Joined: Wed Jan 27, 2016 11:50 am
Been Liked: 841 times
Has Liked: 797 times

Re: Turf Moor and Cricket Ground SOLD

Post by Top Claret » Sun Mar 28, 2021 6:45 pm

Wouldn't make sense for the cricket club to sell to BFC

mikeS
Posts: 1141
Joined: Sun Jan 24, 2016 8:21 am
Been Liked: 406 times
Has Liked: 20 times

Re: Turf Moor and Cricket Ground SOLD

Post by mikeS » Sun Mar 28, 2021 7:00 pm

elwaclaret wrote:
Sun Mar 28, 2021 6:34 pm
Very interesting find. Enjoyed reading it. Are you researching anything in particular Mike or trawling the archive?
Researching the last season of Tommy Boyle 1922-23 for a film Elwa from the British Library online newspapers this story cropped up in the BUrnley News in September 1922. Thursby owned a lot of land in the town and some of Burnleys pits and there had been speculation in 1922 as to what would happen to Turf Moor.
This user liked this post: elwaclaret

mikeS
Posts: 1141
Joined: Sun Jan 24, 2016 8:21 am
Been Liked: 406 times
Has Liked: 20 times

Re: Turf Moor and Cricket Ground SOLD

Post by mikeS » Sun Mar 28, 2021 7:05 pm

ClaretTony wrote:
Sun Mar 28, 2021 6:36 pm
When did the football club sell the cricket ground?
Not sure Tony - but it’s interesting that the football club bought both lots in 1922. At the time the club had a balance of around £24,000 in the bank but on the previous season posted a profit of only £137. Players wages were increasing and Burnleys gates falling with the Depression, strikes, etc.
I would guess we sold the cricket ground from 1930 when BUrnley were relegated to raise income.

Claretforever
Posts: 2210
Joined: Mon Jan 04, 2016 12:37 am
Been Liked: 732 times
Has Liked: 325 times

Re: Turf Moor and Cricket Ground SOLD

Post by Claretforever » Sun Mar 28, 2021 7:13 pm

We agreed to buy the freehold land of Burnley Cricket Club in 2000, in principle, and the value then was £1.25m. That never happened for whatever reason.

Lancashire Telegraph article from August 2000 where Clive Holt was talking about redeveloping the Cricket Field Stand (21 years ago!!!!!), plus the Bob Lord Stand, and taking our capacity closer to 30,000.

Below that is mention of the discussions in the BCC official company accounts.
Attachments
B20DF8DC-9C3D-4754-8AD9-0D5DF48EFE71.jpeg
B20DF8DC-9C3D-4754-8AD9-0D5DF48EFE71.jpeg (357.51 KiB) Viewed 3486 times
63437324-B33C-4D7B-96E9-F0DCAE7710EF.jpeg
63437324-B33C-4D7B-96E9-F0DCAE7710EF.jpeg (283.84 KiB) Viewed 3486 times

MACCA
Posts: 13673
Joined: Thu Jan 21, 2016 7:10 am
Been Liked: 3683 times

Re: Turf Moor and Cricket Ground SOLD

Post by MACCA » Sun Mar 28, 2021 7:36 pm

Claretforever wrote:
Sun Mar 28, 2021 7:13 pm
We agreed to buy the freehold land of Burnley Cricket Club in 2000, in principle, and the value then was £1.25m. That never happened for whatever reason.

Lancashire Telegraph article from August 2000 where Clive Holt was talking about redeveloping the Cricket Field Stand (21 years ago!!!!!), plus the Bob Lord Stand, and taking our capacity closer to 30,000.

Below that is mention of the discussions in the BCC official company accounts.
Now they would want nearer 10m I'd imagine.

Although I think its needed IMO if we are to get the facilities into the 21st century.

The land could be used to redevelop the stand itself and in turn the changing rooms, fan access as well as possibly more corporate opportunities.

Plenty of land left over to build club stores, ticket offices, fan bar, parking etc

Its frightening the amount of land the cricket club has, and also the car park beging the next match board.

In turn it could also see the Bob Lord gain a much needed revamp and face lift as I'm sure you would be able to make any new structure then dove tail into a newer Bob Lord stand again with more and better corporate facilities.

It's one of the best purchases we could make, and has been for the last decade.
This user liked this post: Claretforever

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Sun Mar 28, 2021 8:15 pm

I’d forgotten that in 2000 but it was a few years later, 2005 I think, when we tried to move the cricket club onto Fulledge Rec.
This user liked this post: Claretforever

Claretforever
Posts: 2210
Joined: Mon Jan 04, 2016 12:37 am
Been Liked: 732 times
Has Liked: 325 times

Re: Turf Moor and Cricket Ground SOLD

Post by Claretforever » Sun Mar 28, 2021 8:27 pm

ClaretTony wrote:
Sun Mar 28, 2021 8:15 pm
I’d forgotten that in 2000 but it was a few years later, 2005 I think, when we tried to move the cricket club onto Fulledge Rec.
It’s mentioned in the same article from 2000. Time flies...

https://www.lancashiretelegraph.co.uk/n ... cket-club/

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Sun Mar 28, 2021 8:34 pm

Claretforever wrote:
Sun Mar 28, 2021 8:27 pm
It’s mentioned in the same article from 2000. Time flies...

https://www.lancashiretelegraph.co.uk/n ... cket-club/
I’ve looked back and found reference to it. I’m not sure it got very far but the one a few years later went as far as the cricket club bringing in a company to design the new ground. In the end, the potential new ground wouldn’t have been big enough.

mikeS
Posts: 1141
Joined: Sun Jan 24, 2016 8:21 am
Been Liked: 406 times
Has Liked: 20 times

Re: Turf Moor and Cricket Ground SOLD

Post by mikeS » Sun Mar 28, 2021 8:46 pm

TONY:
Just done a search ad it looks like Burnley CC became a limited company in 1925 and they posted their first years figures the following year 1926. Before that in 1924 the club reported that since the war the club had lost approx £1,500 and needed to raise funds through a share offer. They first wanted to raise £5,000 but this later increased to £6,000.
In March 1926 the club had raised just short of the £5,000 but over a thousand shares had not been taken up but it looks likely that an agreement to buy the ground from the Football Club was made then. Would need to see the income figures for BFC for 1926-7 to see if the sum arrived in that years accounts.

The Burnley Express 12 July 1924
12 July 1924 Burnley Exp.png
12 July 1924 Burnley Exp.png (369.31 KiB) Viewed 3003 times
21 October 1924 Burnley News
21 October 1924 Burnley News.png
21 October 1924 Burnley News.png (332.07 KiB) Viewed 3003 times
March 6 1926
March 6 1926.png
March 6 1926.png (606.02 KiB) Viewed 3003 times
This user liked this post: Claretforever

Duffer_
Posts: 1697
Joined: Thu Jan 21, 2016 9:45 am
Been Liked: 539 times
Has Liked: 988 times

Re: Turf Moor and Cricket Ground SOLD

Post by Duffer_ » Sun Mar 28, 2021 8:54 pm

Tottenham entered into regeneration plans with Haringey Council that enabled the use of compulsory purchase orders to stop local businesses thwarting the redevlopment of their ground. Sounds a bit heavy handed but should the relative economic value of BFC and BCC to the local community be a factor if BCC were to resist overtures from BFC?

Chester Perry
Posts: 13963
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 2004 times
Has Liked: 463 times

Re: Turf Moor and Cricket Ground SOLD

Post by Chester Perry » Mon Mar 29, 2021 12:54 am

Duffer_ wrote:
Sun Mar 28, 2021 8:54 pm
Tottenham entered into regeneration plans with Haringey Council that enabled the use of compulsory purchase orders to stop local businesses thwarting the redevlopment of their ground. Sounds a bit heavy handed but should the relative economic value of BFC and BCC to the local community be a factor if BCC were to resist overtures from BFC?
What happened at Tottenham was extremely heavy handed - it was noticeable just how much they targeted their attending fans and immediate community to develop their financial growth - all but eradicating small local business at a local trading estate - wanting to redevelop the high street environment around them by building a new shopping centre that is in keeping with their preferred image (and rents) - to bulldozing local shops to provide a more direct pedestrianised route from the renamed White Hart Lane Station

dsr
Posts: 11956
Joined: Thu Jan 21, 2016 12:47 pm
Been Liked: 3532 times
Has Liked: 1471 times

Re: Turf Moor and Cricket Ground SOLD

Post by dsr » Mon Mar 29, 2021 1:04 am

Chester Perry wrote:
Mon Mar 29, 2021 12:54 am
What happened at Tottenham was extremely heavy handed - it was noticeable just how much they targeted their attending fans and immediate community to develop their financial growth - all but eradicating small local business at a local trading estate - wanting to redevelop the high street environment around them by building a new shopping centre that is in keeping with their preferred image (and rents) - to bulldozing local shops to provide a more direct pedestrianised route from the renamed White Hart Lane Station
It did seem strange that they managed to persuade TLC to change the name of the station to White Hart Lane while doing all they can to obliterate the name White Hart Lane from the ground because they wanted to make more money from sponsorship.

As for Burnley CC, they were all but bankrupt at the end of WW1 and seriously considered dropping out of the league. Burnley St Andrew;s were mooted as a possible replacement. The share capital issue was a final desperate attempt to raise funds (which worked, obviously) and explains why BFC is the only one of the 14 long standing Lancs League clubs to be a limited company.

aggi
Posts: 6623
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1559 times

Re: Turf Moor and Cricket Ground SOLD

Post by aggi » Mon Mar 29, 2021 1:04 am

I seem to remember there were some convenient fires too.

Herts Clarets
Posts: 2498
Joined: Sun Jan 17, 2016 6:18 pm
Been Liked: 1141 times
Has Liked: 384 times

Re: Turf Moor and Cricket Ground SOLD

Post by Herts Clarets » Mon Mar 29, 2021 8:00 am

At least if Clive Holt is not involved in any ground redevelopments, we have a chance that a new stand will at least be in the right place....

Steve1956
Posts: 12517
Joined: Fri Dec 30, 2016 1:57 pm
Been Liked: 4790 times
Has Liked: 2214 times
Location: Fife

Re: Turf Moor and Cricket Ground SOLD

Post by Steve1956 » Mon Mar 29, 2021 8:42 am

I hope we eventually buy the cricket club...that land is golddust,unfortunately the cricket club know that.

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Mon Mar 29, 2021 9:44 am

Duffer_ wrote:
Sun Mar 28, 2021 8:54 pm
Tottenham entered into regeneration plans with Haringey Council that enabled the use of compulsory purchase orders to stop local businesses thwarting the redevlopment of their ground. Sounds a bit heavy handed but should the relative economic value of BFC and BCC to the local community be a factor if BCC were to resist overtures from BFC?
Didn't Walker do similar at Blackburn, forcing a business out to develop the Darwen End?

RammyClaret61
Posts: 1733
Joined: Sun Jan 03, 2016 9:46 pm
Been Liked: 710 times
Has Liked: 223 times
Location: Melbourne, Australia.

Re: Turf Moor and Cricket Ground SOLD

Post by RammyClaret61 » Mon Mar 29, 2021 10:12 am

ClaretTony wrote:
Mon Mar 29, 2021 9:44 am
Didn't Walker do similar at Blackburn, forcing a business out to develop the Darwen End?
Yes he did. There was a carpet mill behind the Darwen end, where the Coach park is now. Walker bought the mill and closed it down. I use to deliver there.

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Mon Mar 29, 2021 10:20 am

RammyClaret61 wrote:
Mon Mar 29, 2021 10:12 am
Yes he did. There was a carpet mill behind the Darwen end, where the Coach park is now. Walker bought the mill and closed it down. I use to deliver there.
I thought it was an old mill but I couldn't be sure but I do know that Walker's actions meant people losing jobs.

Herts Clarets
Posts: 2498
Joined: Sun Jan 17, 2016 6:18 pm
Been Liked: 1141 times
Has Liked: 384 times

Re: Turf Moor and Cricket Ground SOLD

Post by Herts Clarets » Mon Mar 29, 2021 10:44 am

ClaretTony wrote:
Mon Mar 29, 2021 10:20 am
I thought it was an old mill but I couldn't be sure but I do know that Walker's actions meant people losing jobs.
And their homes too from memory - didn't they knock down houses on Nuttall Street to build a new stand?

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Mon Mar 29, 2021 10:51 am

Herts Clarets wrote:
Mon Mar 29, 2021 10:44 am
And their homes too from memory - didn't they knock down houses on Nuttall Street to build a new stand?
A lot of houses went on Nuttall Street including the manager's office which was in one of those houses. I'm not so sure of the circumstances with that though.

claretandy
Posts: 3007
Joined: Thu Jan 21, 2016 12:47 pm
Been Liked: 623 times
Has Liked: 208 times

Re: Turf Moor and Cricket Ground SOLD

Post by claretandy » Mon Mar 29, 2021 11:19 am

ClaretTony wrote:
Mon Mar 29, 2021 10:51 am
A lot of houses went on Nuttall Street including the manager's office which was in one of those houses. I'm not so sure of the circumstances with that though.
A dead body was found burried in one of the back yards.

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Mon Mar 29, 2021 11:30 am

claretandy wrote:
Mon Mar 29, 2021 11:19 am
A dead body was found burried in one of the back yards.
Good memory claretandy - it held everything up while it was investigated. Hadn't it been there a long time?

jsclaret
Posts: 5
Joined: Mon Mar 29, 2021 11:28 am

Re: Turf Moor and Cricket Ground SOLD

Post by jsclaret » Mon Mar 29, 2021 11:39 am

Interesting posts. I have just registered to ask a question! Does anybody know the total number of shares issued by Burnley Cricket Club? I inherited quite a few £1 shares so from the above I assume the answer might be 6,000?
How many of these shares might be in the hands of Burnley Football Club fans? Presumably there is a shareholders register somewhere

mdd2
Posts: 5151
Joined: Thu Jan 14, 2016 8:47 pm
Been Liked: 1462 times
Has Liked: 664 times

Re: Turf Moor and Cricket Ground SOLD

Post by mdd2 » Mon Mar 29, 2021 12:00 pm

I thought someone was convicted of manslaughter over that body which I think was that of a teenager missing for several years

Chester Perry
Posts: 13963
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 2004 times
Has Liked: 463 times

Re: Turf Moor and Cricket Ground SOLD

Post by Chester Perry » Mon Mar 29, 2021 12:02 pm

mdd2 wrote:
Mon Mar 29, 2021 12:00 pm
I thought someone was convicted of manslaughter over that body which I think was that of a teenager missing for several years
yes https://www.lancashiretelegraph.co.uk/n ... blakemore/

claretonthecoast1882
Posts: 4482
Joined: Mon Apr 09, 2018 1:59 pm
Been Liked: 1899 times
Has Liked: 55 times

Re: Turf Moor and Cricket Ground SOLD

Post by claretonthecoast1882 » Mon Mar 29, 2021 12:03 pm

mdd2 wrote:
Mon Mar 29, 2021 12:00 pm
I thought someone was convicted of manslaughter over that body which I think was that of a teenager missing for several years
Good memory

https://www.lancashiretelegraph.co.uk/n ... ried-good/

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Mon Mar 29, 2021 12:07 pm

jsclaret wrote:
Mon Mar 29, 2021 11:39 am
Interesting posts. I have just registered to ask a question! Does anybody know the total number of shares issued by Burnley Cricket Club? I inherited quite a few £1 shares so from the above I assume the answer might be 6,000?
How many of these shares might be in the hands of Burnley Football Club fans? Presumably there is a shareholders register somewhere
I can't answer this but there are people on this board who are able to find lists of shareholders.

Chester Perry
Posts: 13963
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 2004 times
Has Liked: 463 times

Re: Turf Moor and Cricket Ground SOLD

Post by Chester Perry » Mon Mar 29, 2021 12:14 pm

jsclaret wrote:
Mon Mar 29, 2021 11:39 am
Interesting posts. I have just registered to ask a question! Does anybody know the total number of shares issued by Burnley Cricket Club? I inherited quite a few £1 shares so from the above I assume the answer might be 6,000?
How many of these shares might be in the hands of Burnley Football Club fans? Presumably there is a shareholders register somewhere
there is no list of shareholders at companies house - I suspect you would have to write to the club secretary - details linked

https://find-and-update.company-informa ... 7/officers

There was a change of the Articles of association in 2005 and that prevented dividend's being paid to shareholders and also director's from being paid, it also prevents Shareholders/Directors from receiving any payment from the club even on dissolution. Effectively the shares are worthless from what I see. I suspect this was done as a result of the proposed sale at the time.

https://find-and-update.company-informa ... ory?page=4

On a slightly separate note, Burnley Cricket Club (Bar) limited posted a set of accounts last week that show how Covid has impacted them, they have £48k of debtors up from a couple of hundred pounds in the previous ones (members fees/sponsors fees?) and have taken out a £50k bank loan

https://find-and-update.company-informa ... ng-history
Last edited by Chester Perry on Mon Mar 29, 2021 12:42 pm, edited 1 time in total.

mikeS
Posts: 1141
Joined: Sun Jan 24, 2016 8:21 am
Been Liked: 406 times
Has Liked: 20 times

Re: Turf Moor and Cricket Ground SOLD

Post by mikeS » Mon Mar 29, 2021 12:34 pm

According to the report on the clubs first AGM in 1926, There were 6,000 shares at £1 each when the offer was made in 1924. Some 4,700 were taken up leaving them short of their target and these were offered again in 1926.

jsclaret
Posts: 5
Joined: Mon Mar 29, 2021 11:28 am

Re: Turf Moor and Cricket Ground SOLD

Post by jsclaret » Mon Mar 29, 2021 1:17 pm

Thanks for the information.
Not sure how the shares could be classed as effectively worthless when they own a valuable piece of land. As we know anyone could come along and acquire a majority shareholding if they make the right offer.
Not sure I would sell though due to family links to the cricket club in the past!

Chester Perry
Posts: 13963
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 2004 times
Has Liked: 463 times

Re: Turf Moor and Cricket Ground SOLD

Post by Chester Perry » Mon Mar 29, 2021 1:25 pm

jsclaret wrote:
Mon Mar 29, 2021 1:17 pm
Thanks for the information.
Not sure how the shares could be classed as effectively worthless when they own a valuable piece of land. As we know anyone could come along and acquire a majority shareholding if they make the right offer.
Not sure I would sell though due to family links to the cricket club in the past!
like I said any sale of assets can no longer benefit shareholders/directors - read the change in the Articles of Associations as I said - even if the club is dissolved the funds would go to the cricket family, it is very explicit with those details, all in the first two pages of the document

https://s3.eu-west-2.amazonaws.com/docu ... cc41324b68

Duffer_
Posts: 1697
Joined: Thu Jan 21, 2016 9:45 am
Been Liked: 539 times
Has Liked: 988 times

Re: Turf Moor and Cricket Ground SOLD

Post by Duffer_ » Mon Mar 29, 2021 2:03 pm

Chester Perry wrote:
Mon Mar 29, 2021 1:25 pm
like I said any sale of assets can no longer benefit shareholders/directors - read the change in the Articles of Associations as I said - even if the club is dissolved the funds would go to the cricket family, it is very explicit with those details, all in the first two pages of the document
Now that's what I call custodianship! Well played BCC.

aggi
Posts: 6623
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1559 times

Re: Turf Moor and Cricket Ground SOLD

Post by aggi » Mon Mar 29, 2021 6:38 pm

jsclaret wrote:
Mon Mar 29, 2021 11:39 am
Interesting posts. I have just registered to ask a question! Does anybody know the total number of shares issued by Burnley Cricket Club? I inherited quite a few £1 shares so from the above I assume the answer might be 6,000?
How many of these shares might be in the hands of Burnley Football Club fans? Presumably there is a shareholders register somewhere
You can see shareholdings here https://find-and-update.company-informa ... download=0

5,996 shares issued. Some random ones in there: United News & Media PLC who don't exist any more, JC Decaux and 240 shares held by Burnley Football Club Ltd (which I assume is the football club even though the name is wrong).

Chester Perry
Posts: 13963
Joined: Thu Jun 02, 2016 11:06 am
Been Liked: 2004 times
Has Liked: 463 times

Re: Turf Moor and Cricket Ground SOLD

Post by Chester Perry » Mon Mar 29, 2021 6:39 pm

Duffer_ wrote:
Mon Mar 29, 2021 2:03 pm
Now that's what I call custodianship! Well played BCC.
Pt also stops a group from forcing the sale of the ground for personal profit, though theoretically someone could buy all the shares and change the articles of association again
This user liked this post: Duffer_

aggi
Posts: 6623
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1559 times

Re: Turf Moor and Cricket Ground SOLD

Post by aggi » Mon Mar 29, 2021 6:43 pm

Chester Perry wrote:
Mon Mar 29, 2021 12:14 pm
there is no list of shareholders at companies house - I suspect you would have to write to the club secretary - details linked

https://find-and-update.company-informa ... 7/officers

There was a change of the Articles of association in 2005 and that prevented dividend's being paid to shareholders and also director's from being paid, it also prevents Shareholders/Directors from receiving any payment from the club even on dissolution. Effectively the shares are worthless from what I see. I suspect this was done as a result of the proposed sale at the time.

https://find-and-update.company-informa ... ory?page=4

On a slightly separate note, Burnley Cricket Club (Bar) limited posted a set of accounts last week that show how Covid has impacted them, they have £48k of debtors up from a couple of hundred pounds in the previous ones (members fees/sponsors fees?) and have taken out a £50k bank loan

https://find-and-update.company-informa ... ng-history
Interesting amendment ( direct link here https://find-and-update.company-informa ... download=0 ). Seems a bit of a bodge to try and change it to something akin to a Company limited by Guarantee
This user liked this post: Duffer_

bodge
Posts: 1097
Joined: Sun Jan 03, 2016 6:04 pm
Been Liked: 501 times
Has Liked: 328 times

Re: Turf Moor and Cricket Ground SOLD

Post by bodge » Mon Mar 29, 2021 6:44 pm

I beg your pardon ?

arise_sir_charge
Posts: 1387
Joined: Thu Jan 21, 2016 9:36 am
Been Liked: 695 times
Has Liked: 8 times

Re: Turf Moor and Cricket Ground SOLD

Post by arise_sir_charge » Tue Mar 30, 2021 8:03 am

aggi wrote:
Mon Mar 29, 2021 6:43 pm
Interesting amendment ( direct link here https://find-and-update.company-informa ... download=0 ). Seems a bit of a bodge to try and change it to something akin to a Company limited by Guarantee
I may be wrong but I think that was all done with the intention of becoming a CASC and taking the befits that come with such a structure for sports clubs.

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Tue Mar 30, 2021 10:51 am

aggi wrote:
Mon Mar 29, 2021 6:38 pm
You can see shareholdings here https://find-and-update.company-informa ... download=0

5,996 shares issued. Some random ones in there: United News & Media PLC who don't exist any more, JC Decaux and 240 shares held by Burnley Football Club Ltd (which I assume is the football club even though the name is wrong).
I know a lot of the names on that list of shareholders but a good number of them who are not showing as deceased have passed away. There are 21 people listed who I knew personally who are now no longer with us, and some of them for some years.

Herts Clarets
Posts: 2498
Joined: Sun Jan 17, 2016 6:18 pm
Been Liked: 1141 times
Has Liked: 384 times

Re: Turf Moor and Cricket Ground SOLD

Post by Herts Clarets » Tue Mar 30, 2021 11:01 am

ClaretTony wrote:
Tue Mar 30, 2021 10:51 am
I know a lot of the names on that list of shareholders but a good number of them who are not showing as deceased have passed away. There are 21 people listed who I knew personally who are now no longer with us, and some of them for some years.
There is a Brian Miller listed - could it be the BFC legend?

aggi
Posts: 6623
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1559 times

Re: Turf Moor and Cricket Ground SOLD

Post by aggi » Tue Mar 30, 2021 11:42 am

arise_sir_charge wrote:
Tue Mar 30, 2021 8:03 am
I may be wrong but I think that was all done with the intention of becoming a CASC and taking the befits that come with such a structure for sports clubs.
Yes, the amendment seems very much in line with that requirement.

aggi
Posts: 6623
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1559 times

Re: Turf Moor and Cricket Ground SOLD

Post by aggi » Tue Mar 30, 2021 11:43 am

ClaretTony wrote:
Tue Mar 30, 2021 10:51 am
I know a lot of the names on that list of shareholders but a good number of them who are not showing as deceased have passed away. There are 21 people listed who I knew personally who are now no longer with us, and some of them for some years.
I imagine it's very out of date. People aren't going to bother notifying the club for the sake of a share or two that are pretty much worthless.

ClaretTony
Posts: 45801
Joined: Thu Dec 24, 2015 3:07 pm
Been Liked: 21096 times
Has Liked: 3850 times
Location: Burnley
Contact:

Re: Turf Moor and Cricket Ground SOLD

Post by ClaretTony » Tue Mar 30, 2021 11:52 am

Herts Clarets wrote:
Tue Mar 30, 2021 11:01 am
There is a Brian Miller listed - could it be the BFC legend?
I'm certain it will be - he was a keen supporter of the cricket club at one time and David played for the first team a few times.

Post Reply