I think ALK will be pleased with a nearly 20k opening in the Championship despite weak away support.

Under Dyche we were looking at 17-18k for most home games towards the end in the Prem.

Didn’t look like just under 20,000. Lots of empty seats. Or were fans still queuing to sort tickets out?

19,830 for Dyche's last home game

Was a poor attendance as it always is during holiday season.

The next game won’t be, that’s for sure.

Unlike previous years, the club has decided to sell season tickets for the many empty seats. It is now genuinely sold out rather than just having lots of 'unavailable' seats (AKA standing places )

From what I've heard the whole Turf Moor matchday experience has improved greatly under Mr Pace and his team

Devils_Advocate wrote: ↑

Sun Aug 18, 2024 12:17 am

From what I've heard the whole Turf Moor matchday experience has improved greatly under Mr Pace and his team

The pre-match music is still garbage as is the awful screaming of BURN-LEY !

MT03ALG wrote: ↑

Sun Aug 18, 2024 12:57 am

The pre-match music is still garbage as is the awful screaming of BURN-LEY !

Oh god…. I heard that on the tv. It really made me cringe.

WE ARE SECONDS AWAY FROM KICK OFF

LET’S GET EVERYBODY BOUNCING

Clowbridge89 wrote: ↑

Sun Aug 18, 2024 7:43 am

WE ARE SECONDS AWAY FROM KICK OFF

LET’S GET EVERYBODY BOUNCING

Yankee Doodle Doo! I don’t care as long as we are winning!

Devils_Advocate wrote: ↑

Sun Aug 18, 2024 12:17 am

From what I've heard the whole Turf Moor matchday experience has improved greatly under Mr Pace and his team

Not sure if you're trying to live up to your name, or serious, but it's true. The stadium looks better, the service is better, the environment is better, took a really big leap forwards. Garlick and co had no interest in bringing us into the modern day.

MT03ALG wrote: ↑

Sun Aug 18, 2024 12:57 am

The pre-match music is still garbage as is the awful screaming of BURN-LEY !

The screaming of Burnley from the guy in the mic was happening long before AlK arrived

Healeywoodclaret wrote: ↑

Sun Aug 18, 2024 7:53 am

Yankee Doodle Doo! I don’t care as long as we are winning!

Completely agree

123EasyasBFC wrote: ↑

Sun Aug 18, 2024 8:04 am

The screaming of Burnley from the guy in the mic was happening long before AlK arrived

It was but there’s really no need for it

A 5-0 win and the fans staying behind at the end to celebrate and we have that numpty screaming down the mic

wilks_bfc wrote: ↑

Sun Aug 18, 2024 8:15 am

It was but there’s really no need for it

A 5-0 win and the fans staying behind at the end to celebrate and we have that numpty screaming down the mic

The point was it’s not an ALK thing it was happening way before that

123EasyasBFC wrote: ↑

Sun Aug 18, 2024 8:22 am

The point was it’s not an ALK thing it was happening way before that

I wasn’t saying it was an ALK thing

For the first time in a year, TM had an atmosphere with fans having a connection and celebrating with players and we have him wanting to “hear it for Burnley”. What does he think we were already doing?

As stated in earlier threads, we really can do without Mr. Shouty screaming BURNLEEEEEEE. Any chance of HIM leaving during this window?

Clowbridge89 wrote: ↑

Sun Aug 18, 2024 7:43 am

WE ARE SECONDS AWAY FROM KICK OFF

LET’S GET EVERYBODY BOUNCING

“Number 1 - Václav Hladký!”

Has a giant number 32 on his back…

123EasyasBFC wrote: ↑

Sun Aug 18, 2024 8:04 am

The screaming of Burnley from the guy in the mic was happening long before AlK arrived

I went to Wigan Warriors a few Fridays ago and they have the same announcer. Just the way he is, I think.

How many season tickets did we sell for Dyche’s last season? I remember it being a really low number and a low gate for our opener against Brighton.

Seriously is there anything we can do to encourage the club to bin off Mr Shouty ? It’s both embarrassing and painful on the ears.

wilks_bfc wrote: ↑

Sun Aug 18, 2024 8:39 am

I wasn’t saying it was an ALK thing

For the first time in a year, TM had an atmosphere with fans having a connection and celebrating with players and we have him wanting to “hear it for Burnley”. What does he think we were already doing?

Connect when we're winning
We only connect when we're winning

New song right there

There looked to be big clumps of empty seats.

Maybe the ticket exchange should offer people's STs back at what they want to sell for, instead of the club making big profits on them?
They won't sell at top price early in the season against poor opposition.

Jimmy Mac corporate looked empty or did everyone stay inside?

burnmark wrote: ↑

Sun Aug 18, 2024 8:44 am

How many season tickets did we sell for Dyche’s last season? I remember it being a really low number and a low gate for our opener against Brighton.

FFS he has gone let it go

Yeh the bloke needs telling that you don’t need to shout into a Microphone.
It’s just Ear violence listening to him

Does the announcer really make that much difference? Just ignore it if it upsets you. Strange thing to get rattled about

GetIntoEm wrote: ↑

Sun Aug 18, 2024 10:55 am

Does the announcer really make that much difference? Just ignore it if it upsets you. Strange thing to get rattled about

We have just won our 1st 2 opening matches ... come on they have to have sommat to whine about

TheFamilyCat wrote: ↑

Sun Aug 18, 2024 9:39 am

Connect when we're winning
We only connect when we're winning

New song right there

Love this song.

Knew everyone would get connected again when we started winning

NewClaret wrote: ↑

Sun Aug 18, 2024 11:19 am

Love this song.

Knew everyone would get connected again when we started winning

Engagement levels have reportedly gone through the roof.

A big part of why SD was shown the door was the haemorrhaging of fans which was getting worse in SDs last 2 seasons as manager... The season after in the Championship and since has seen a massive increase on many levels, including attendance, season ticket sales and corporate income so you could argue, that they were right if that was one of the reasons for him being given the boot.

Why hasn't Pace come out and spoke about the announcer? Disenchanted

Based on him being considered the best in the business, even signed up by EA to be the voice of FIFA I think we are on to a good thing

It would be easy to think that we ‘only connect when we’re winning.’

However I think some of the disconnect was because of the turnover in players. If we had used the team that won the Championship in the Prem, it would have been an improvement. I’m going to say that more fans would have stayed till full time and clapped their efforts. Not everyone. But simply ‘more’.

And before anyone blames ALK/Alan Pace or VK for having such a massive turnover of players, consider this:

It was Mike Garlick’s fault that an entirely new squad was needed. We’d not bought a player of note for years while he fattened the goose. The squad was at the end of its natural lifespan and I dont care if it was VK or Father Christmas in charge. We needed an entire squad.

GetIntoEm wrote: ↑

Sun Aug 18, 2024 10:55 am

Does the announcer really make that much difference? Just ignore it if it upsets you. Strange thing to get rattled about

Do you work for the club GetIntoEm? You seem to take personal offence at any slight criticism.

Notsosuperstevedavis wrote: ↑

Sun Aug 18, 2024 11:28 am

It would be easy to think that we ‘only connect when we’re winning.’

However I think some of the disconnect was because of the turnover in players. If we had used the team that won the Championship in the Prem, it would have been an improvement. I’m going to say that more fans would have stayed till full time and clapped their efforts. Not everyone. But simply ‘more’.

And before anyone blames ALK/Alan Pace or VK for having such a massive turnover of players, consider this:

It was Mike Garlick’s fault that an entirely new squad was needed. We’d not bought a player of note for years while he fattened the goose. The squad was at the end of its natural lifespan and I dont care if it was VK or Father Christmas in charge. We needed an entire squad.

Agree completely about those who mock the ‘disconnected’. Of course we are less connected to the players as they are now short term commodities used for trading for a profit.

This ‘fattening the goose’ often gets put out there though and there’s a flaw in that argument. If the club buys a player, the asset is transferred from cash in the bank to a player. I think an accountant would call it a non-tangible asset. Of course the liquid cash was needed to facilitate the leveraged buy out, but it wasn’t a case of not spending money to increase the value of the club.

Also, I believe it’s quite common for a lack of spending to occur in such a situation as minimising this kind of activity simplifies the valuation process.

Rileybobs wrote: ↑

Sun Aug 18, 2024 11:46 am

This ‘fattening the goose’ often gets put out there though and there’s a flaw in that argument. If the club buys a player, the asset is transferred from cash in the bank to a player. I think an accountant would call it a non-tangible asset. Of course the liquid cash was needed to facilitate the leveraged buy out, but it wasn’t a case of not spending money to increase the value of the club.

So you think that the value of a non tangible asset (or in simpler terms the value of the players) is the same as cash ?

The non spending of money and build up of cash was exactly to increase the value of the club and was instrumental in the structure of the purchase. Any understanding of the buy out and the financial position post the takeover would show you that is more than just my opinion.

Agree completely about those who mock the ‘disconnected’. Of course we are less connected to the players as they are now short term commodities used for trading for a profit.

This ‘fattening the goose’ often gets put out there though and there’s a flaw in that argument. If the club buys a player, the asset is transferred from cash in the bank to a player. I think an accountant would call it a non-tangible asset. Of course the liquid cash was needed to facilitate the leveraged buy out, but it wasn’t a case of not spending money to increase the value of the club.

Also, I believe it’s quite common for a lack of spending to occur in such a situation as minimising this kind of activity simplifies the valuation process.
[/quote]

You can cite this as a strategy which I can accept.
Buying players though is a gamble. Their value, like shares can go up or down. But have the added disadvantage of being able to agitate for a move, or walk away for nothing when their contracts expire

Let me put it you like this:


Would you rather buy a house with a suitcase in the attic that has 50m ?

Or a house that has an attic full of lottery tickets.


Of course not buying players and having money was the surefire way to sell the club. Despite the tangible asset becoming a non tangible asset. Which one do you think an investor would prefer?

Notsosuperstevedavis wrote: ↑

Sun Aug 18, 2024 11:28 am

It would be easy to think that we ‘only connect when we’re winning.’

However I think some of the disconnect was because of the turnover in players. If we had used the team that won the Championship in the Prem, it would have been an improvement. I’m going to say that more fans would have stayed till full time and clapped their efforts. Not everyone. But simply ‘more’.

I suspect the same number of people would have been streaming out early had it been Benson, Zaroury and Miric getting bumped.


On the other hand, I am 100% certain that if those players brought in last season had been successful nobody would have been complaining about feeling disconnected.

TheFamilyCat wrote: ↑

Sun Aug 18, 2024 11:23 am

Engagement levels have reportedly gone through the roof.

You have to laugh

TheFamilyCat wrote: ↑

Sun Aug 18, 2024 12:09 pm

I suspect the same number of people would have been streaming out early had it been Benson, Zaroury and Miric getting bumped.


On the other hand, I am 100% certain that if those players brought in last season had been successful nobody would have been complaining about feeling disconnected.

A million percent. Same players would’ve got the fans feeling all connected if they were winning.

Big Vinny K wrote: ↑

Sun Aug 18, 2024 12:00 pm

So you think that the value of a non tangible asset (or in simpler terms the value of the players) is the same as cash ?

The non spending of money and build up of cash was exactly to increase the value of the club and was instrumental in the structure of the purchase. Any understanding of the buy out and the financial position post the takeover would show you that is more than just my opinion.

I don’t think a player is the same as cash, no. But would a £20m player, on the day of purchase, not be the same as £20m in the bank, purely from a valuation point of view?

I know that this was instrumental in the structure of the purchase like I said in my previous post.

Rileybobs wrote: ↑

Sun Aug 18, 2024 1:19 pm

But would a £20m player, on the day of purchase, not be the same as £20m in the bank, purely from a valuation point of view?

Nope

jrgbfc wrote: ↑

Sun Aug 18, 2024 11:38 am

Do you work for the club GetIntoEm? You seem to take personal offence at any slight criticism.

Nope, just must be a miserable existence to nit-pick and find something to constantly moan about. It's somebody doing stadium announcements, it could be daffy duck for me and still wouldn't impact my enjoyment

Big Vinny K wrote: ↑

Sun Aug 18, 2024 1:21 pm

Nope

How is the value of a player determined when a football club is valued?

Rileybobs wrote: ↑

Sun Aug 18, 2024 1:41 pm

How is the value of a player determined when a football club is valued?

You asked whether cash was the same value.
It’s not because there is a completely different risk profile between cash and a non tangible asset.

How a club values its playing assets on its balance sheet is subject to accounting rules and standard practices.
How 2 parties value that in a sale will be completely different for the obvious reasons that exist in any negotiation between 2 parties.
There won’t be any negotiation or differences when it comes to the element of the valuation that is cash in bank assets though - again for very obvious reasons.

Big Vinny K wrote: ↑

Sun Aug 18, 2024 1:49 pm

You asked whether cash was the same value.
It’s not because there is a completely different risk profile between cash and a non tangible asset.

How a club values its playing assets on its balance sheet is subject to accounting rules and standard practices.
How 2 parties value that in a sale will be completely different for the obvious reasons that exist in any negotiation between 2 parties.
There won’t be any negotiation or differences when it comes to the element of the valuation that is cash in bank assets though - again for very obvious reasons.

Would a valuation for a leveraged buyout not need to be carried out officially by an appraiser? I don’t know the answer but I would be surprised if not considering the tax implications.

Rileybobs wrote: ↑

Sun Aug 18, 2024 2:00 pm

Would a valuation for a leveraged buyout not need to be carried out officially by an appraiser? I don’t know the answer but I would be surprised if not considering the tax implications.

You seem to be going off at a few tangents here Riley !!

But the answer to your question is no.

And before you ask a follow up that does not mean that there wasn’t an independent valuation appraisal commissioned by one of the parties (or both). That’s up to them. But to go back to the original point if there was without seeing the report I already know what they valued the cash assets at !!

I'm not surprised if there were a few empty seats yesterday, I think most of them were with me in Goodies Bar/Benalmadena: it was packed out with Burnley fans, great atmosphere..

Big Vinny K wrote: ↑

Sun Aug 18, 2024 2:07 pm

You seem to be going off at a few tangents here Riley !!

But the answer to your question is no.

And before you ask a follow up that does not mean that there wasn’t an independent valuation appraisal commissioned by one of the parties (or both). That’s up to them. But to go back to the original point if there was without seeing the report I already know what they valued the cash assets at !!

The whole conversation is on a tangent, I’m just curious.

I’m surprised an independent valuation wouldn’t be required considering the tax implications for the individuals and companies involved but I’ll cede to your knowledge.

My personal, although unqualified view, is that the ‘fattening of the goose’ was more a necessity for the leveraged structure of the sale rather than an attempt to maximise the actual sale value. After all the club would have been worth less had we been relegated the previous season. Would you not also agree that in the build up to buyouts like this, whilst negotiations are taking place and legal are proceeding there is generally less activity in terms of buying and selling players?

Rileybobs wrote: ↑

Sun Aug 18, 2024 2:17 pm

The whole conversation is on a tangent, I’m just curious.

I’m surprised an independent valuation wouldn’t be required considering the tax implications for the individuals and companies involved but I’ll cede to your knowledge.

My personal, although unqualified view, is that the ‘fattening of the goose’ was more a necessity for the leveraged structure of the sale rather than an attempt to maximise the actual sale value. After all the club would have been worth less had we been relegated the previous season. Would you not also agree that in the build up to buyouts like this, whilst negotiations are taking place and legal are proceeding there is generally less activity in terms of buying and selling players?

Yep I agree

…..but there’s a difference between reducing activity during negotiations and denying transfer funds / building up your cash balances before you have even started negotiation.

Listen I always said it was up to Garlick what he did when he decided he was going to sell the club. He got a fantastic value and profit out of it but he was the major shareholder and was fundamental to the success which directly led the reason why he was able to act in the way he did. The way he ran the club, the appointments and decisions he made he’s perfectly entitled to do what he did to maximise his return.