What will the lasting legacy of ALK be?

matucana · Post by **matucana** » Mon Jan 31, 2022 11:08 pm

Cannot see them being here after this season.

Relegation, substantial debt and flashing lights.

CardyTheClaret · Post by **CardyTheClaret** » Mon Jan 31, 2022 11:09 pm

**** me.

BurnleyFC · Post by **BurnleyFC** » Mon Jan 31, 2022 11:11 pm

You knew we’d be ****** when there’s a load of businessmen in the local area with far more money than anyone from ALK.

Blatherwickstattoo · Post by **Blatherwickstattoo** » Mon Jan 31, 2022 11:13 pm

Selling turf moor to build the biggest Mormon church in the world.

You heard it here first.

jojomk1 · Post by **jojomk1** » Mon Jan 31, 2022 11:18 pm

LED lights and a catchy new tune for the players to walk out to

Jakubclaret · Post by **Jakubclaret** » Mon Jan 31, 2022 11:25 pm

matucana wrote: ↑
Mon Jan 31, 2022 11:08 pm
Cannot see them being here after this season.

Relegation, substantial debt and flashing lights.

A few asset's to be sold & para payments they’ll be here. When that drys up that’s the game changer.

claretandbluesky · Post by **claretandbluesky** » Mon Jan 31, 2022 11:35 pm

Who goes first Johnson or ALK ?

Chester Perry · Post by **Chester Perry** » Mon Jan 31, 2022 11:39 pm

Jakubclaret wrote: ↑
Mon Jan 31, 2022 11:25 pm
A few asset's to be sold & para payments they’ll be here. When that drys up that’s the game changer.

No fixed assets can be sold without the express permission of MSD UK Holdings Limited, neither can parachute payments be pocketed - though in real terms they will be less in the next cycle, which may be the last time they will exist as post 2024 we are supposed to have an Independent regulator who will be instructed to assess their appropriateness. Of course, the Premier League may have voluntarily removed them by then, which is wha the Fan Led Review has asked them to consider (in dialogue with the EFL)

Funkydrummer · Post by **Funkydrummer** » Mon Jan 31, 2022 11:42 pm

Hard to say after 12 months.

COBBLE · Post by **COBBLE** » Mon Jan 31, 2022 11:46 pm

For a start the net debt is about 15 million less than it was a month ago.

Oshkoshclaret · Post by **Oshkoshclaret** » Tue Feb 01, 2022 4:53 am

Well nobody knows for sure but the strong balance of probability is that we will be in deep financial doo-doo. ALK have paid WAY over the odds to make the takeover happen, and have loaded the club up with debt to pay for it.

It looks like an enormous gamble. Credit where it's due, some of the ideas Alan Pace is bringing forward are actually quite interesting (AIScout, blockchain, etc) but if the short to medium term future of the club rests on them... that to me is terrifying.

My personal nickname for Alan Pace is "Walter Mitty"... seems like a nice bloke but seems to have a head full of fantastical dreams. I heard a credible report of him telling local business people that we'll be better off in the Championship because of wage cuts. This does not inspire confidence. The only way this gamble has any chance of working is if we retain Premier League status. Under the old model, relegation was bad news. Under the new model, it will little short of disastrous.

Shaggy · Post by **Shaggy** » Tue Feb 01, 2022 5:16 am

Oshkoshclaret wrote: ↑
Tue Feb 01, 2022 4:53 am
Well nobody knows for sure but the strong balance of probability is that we will be in deep financial doo-doo. ALK have paid WAY over the odds to make the takeover happen, and have loaded the club up with debt to pay for it.

It looks like an enormous gamble. Credit where it's due, some of the ideas Alan Pace is bringing forward are actually quite interesting (AIScout, blockchain, etc) but if the short to medium term future of the club rests on them... that to me is terrifying.

My personal nickname for Alan Pace is "Walter Mitty"... seems like a nice bloke but seems to have a head full of fantastical dreams. I heard a credible report of him telling local business people that we'll be better off in the Championship because of wage cuts. This does not inspire confidence. The only way this gamble has any chance of working is if we retain Premier League status. Under the old model, relegation was bad news. Under the new model, it will little short of disastrous.

On the championship and wage cuts he’s probably right initially with the parachute payments.

It’s how we recruit in the championship. Big summer ahead

The Enclosure · Post by **The Enclosure** » Tue Feb 01, 2022 8:31 am

Black walls and yellow painted doors. - only joking Alan.

burnley007 · Post by **burnley007** » Tue Feb 01, 2022 8:43 am

Their legacy will be taking us back to where we belong, a not very good CHampionship side with no money.

I've given them time and they've proven themeselves to be inept.
Everything Sean had built has pretty much died now. The squad looks hopeless. The future looks bleak.

Andreshotboots · Post by **Andreshotboots** » Tue Feb 01, 2022 10:12 am

The owners who took us to Champions League glory...

matucana · Post by **matucana** » Sun Apr 10, 2022 4:21 pm

As stated previously:
Relegation, substantial debt, flashing lights

And now add AiScout.

Cannot wait for the accounts 20 days max.

Iloveyoubrady · Post by **Iloveyoubrady** » Sun Apr 10, 2022 4:30 pm

They’ve done nothing wrong yet, see what happens. I think some might be pleasantly suprised.

Boss Hogg · Post by **Boss Hogg** » Sun Apr 10, 2022 6:12 pm

So far they’ve failed imo. They’ll take us down and saddled us with debt. They haven’t made big decisions they perhaps needed to and seem naive in the transfer market. As someone says above Walter Mitty is quite apt.

Murger · Post by **Murger** » Sun Apr 10, 2022 6:33 pm

Boss Hogg wrote: ↑
Sun Apr 10, 2022 6:12 pm
So far they’ve failed imo. They’ll take us down and saddled us with debt. They haven’t made big decisions they perhaps needed to and seem naive in the transfer market. As someone says above Walter Mitty is quite apt.

I don't see how they've failed. They've backed the manager. It isn't their fault we're going down.

ClaretTony · Post by **ClaretTony** » Sun Apr 10, 2022 6:35 pm

Oshkoshclaret wrote: ↑
Tue Feb 01, 2022 4:53 am
Well nobody knows for sure but the strong balance of probability is that we will be in deep financial doo-doo. ALK have paid WAY over the odds to make the takeover happen, and have loaded the club up with debt to pay for it.

It looks like an enormous gamble. Credit where it's due, some of the ideas Alan Pace is bringing forward are actually quite interesting (AIScout, blockchain, etc) but if the short to medium term future of the club rests on them... that to me is terrifying.

My personal nickname for Alan Pace is "Walter Mitty"... seems like a nice bloke but seems to have a head full of fantastical dreams. I heard a credible report of him telling local business people that we'll be better off in the Championship because of wage cuts. This does not inspire confidence. The only way this gamble has any chance of working is if we retain Premier League status. Under the old model, relegation was bad news. Under the new model, it will little short of disastrous.

Totally agree with that other than the ‘nice bloke’ bit.

RVclaret · Post by **RVclaret** » Sun Apr 10, 2022 6:37 pm

ClaretTony wrote: ↑
Sun Apr 10, 2022 6:35 pm
Totally agree with that other than the ‘nice bloke’ bit.

Has he upset you Tony?

DCWat · Post by **DCWat** » Sun Apr 10, 2022 6:37 pm

Could be wrong but I reckon that the ‘nice bloke’ front that he puts on, is just that, a front. I wouldn’t be at all surprised if it turns out he’s a bit of a nasty two hat, behind the scenes.

We’ll find out much more quickly, with relegation, just what Alan and his crew’s mettle really is.

Bordeauxclaret · Post by **Bordeauxclaret** » Sun Apr 10, 2022 6:39 pm

Nothing that a chat with one or two people wouldn’t fix.

JohnMac · Post by **JohnMac** » Sun Apr 10, 2022 6:43 pm

The problems today go back further than ALK, unfortunately they have bought a Club on the downward slope rather than one getting ready to climb.

RVclaret · Post by **RVclaret** » Sun Apr 10, 2022 6:58 pm

Hilarious some of the posters here who think ALK and Pace are pure evil but the sun shines out of Dyche’s arse

Papabendi · Post by **Papabendi** » Sun Apr 10, 2022 6:58 pm

RVclaret wrote: ↑
Sun Apr 10, 2022 6:37 pm
Has he upset you Tony?

Reading between the lines CT hasn't been granted the red carpet he was hoping for from the new board. He very much warmed to Alan Pace initially.

Bordeauxclaret · Post by **Bordeauxclaret** » Sun Apr 10, 2022 7:00 pm

A real low point for this messageboard.

daveisaclaret · Post by **daveisaclaret** » Sun Apr 10, 2022 7:05 pm

Never really seen any reason other than wishful thinking to think anything remotely positive is going to come of this takeover.

I think AIScout and their blockchain idea are both absolute grifts, to boot.

Murger · Post by **Murger** » Sun Apr 10, 2022 7:06 pm

The only fraudsters I can see stand in the dugout, talking to their hand.

Les Lawrence · Post by **Les Lawrence** » Sun Apr 10, 2022 7:07 pm

The signings of Cornet,Collins,and Wout,is pretty impressive to start with.Think Alan seems like a lovely bloke,let's see what next season brings,he's managed to sell 12,000 Season tickets .He's always smiling

boatshed bill · Post by **boatshed bill** » Sun Apr 10, 2022 7:08 pm

ClaretTony wrote: ↑
Sun Apr 10, 2022 6:35 pm
Totally agree with that other than the ‘nice bloke’ bit.

Get In!!!!!

boatshed bill · Post by **boatshed bill** » Sun Apr 10, 2022 7:08 pm

ClaretTony wrote: ↑
Sun Apr 10, 2022 6:35 pm
Totally agree with that other than the ‘nice bloke’ bit.

Get In!!!!!

KRBFC · Post by **KRBFC** » Sun Apr 10, 2022 7:08 pm

People talk about lack of investment under Garlick, it's not better under ALK is it? What's the net spend in the 3 windows they've been here? can't be much and we're criminally short in key areas.

spt_claret · Post by **spt_claret** » Sun Apr 10, 2022 7:09 pm

Iloveyoubrady wrote: ↑
Sun Apr 10, 2022 4:30 pm
They’ve done nothing wrong yet, see what happens. I think some might be pleasantly suprised.

Loading us up with debt, shambolic match day experiences, the mess around the share purchase scheme, and a net negative transfer spend and less transfer money spent in 2021 & Jan 2022 than even the previous board in summer 2019 (last summer before sale talks began) seem like points against to me.

RVclaret wrote: ↑
Sun Apr 10, 2022 6:58 pm
Hilarious some of the posters here who think ALK and Pace are pure evil but the sun shines out of Dyche’s arse

Hilarious how it's always the same fans who defend ALK despite all evidence they're investing nothing and endangering the club, but want the only remaining stability we have to be removed. Well. Hilarious if you have a morbid sense of humour anyway.

DCWat wrote: ↑
Sun Apr 10, 2022 6:37 pm
Could be wrong but I reckon that the ‘nice bloke’ front that he puts on, is just that, a front. I wouldn’t be at all surprised if it turns out he’s a bit of a nasty two hat, behind the scenes.

We’ll find out much more quickly, with relegation, just what Alan and his crew’s mettle really is.

Ease off them. Wall Street executives are famously all nice people.

KRBFC · Post by **KRBFC** » Sun Apr 10, 2022 7:12 pm

JohnMac wrote: ↑
Sun Apr 10, 2022 6:43 pm
The problems today go back further than ALK, unfortunately they have bought a Club on the downward slope rather than one getting ready to climb.

They've also made damn sure that slope goes further downwards than ever before and absolutely drained this club financially, regardless of league we are in, our financial position these guys put us in means we'll be fighting an even more difficult battle.

bfcjg · Post by **bfcjg** » Sun Apr 10, 2022 7:13 pm

I think their legacy could ultimately lead to us being in the same situation as Derby,we owe the same guy money. It's an absolute disgrace.

cblantfanclub · Post by **cblantfanclub** » Sun Apr 10, 2022 7:15 pm

I think this is more an extension of Mike’s legacy than wholly ALK’s. He wanted to offload the club and could only find a buyer by doing a deal that involved taking funds out the club and possibly benefiting himself.
I think ALK’s legacy is that despite trying and investing in playing staff unlike Garlick they got the club a year too late and didn’t realise how much underinvestment there had been.
Maybe it’s them who got there trousers pulled down. This whole saga lies firmly at the door of the previous owners for me ALK didn’t force them to sell it to them or dictate the method the previous owners did that. Their legacy? Maybe it's tried but out of their depth.

joey13 · Post by **joey13** » Sun Apr 10, 2022 7:17 pm

Oshkoshclaret wrote: ↑
Tue Feb 01, 2022 4:53 am
Well nobody knows for sure but the strong balance of probability is that we will be in deep financial doo-doo. ALK have paid WAY over the odds to make the takeover happen, and have loaded the club up with debt to pay for it.

It looks like an enormous gamble. Credit where it's due, some of the ideas Alan Pace is bringing forward are actually quite interesting (AIScout, blockchain, etc) but if the short to medium term future of the club rests on them... that to me is terrifying.

My personal nickname for Alan Pace is "Walter Mitty"... seems like a nice bloke but seems to have a head full of fantastical dreams. I heard a credible report of him telling local business people that we'll be better off in the Championship because of wage cuts. This does not inspire confidence. The only way this gamble has any chance of working is if we retain Premier League status. Under the old model, relegation was bad news. Under the new model, it will little short of disastrous.

Snake oil salesman , not sure how many posters on here have fallen for it .

spt_claret · Post by **spt_claret** » Sun Apr 10, 2022 7:23 pm

joey13 wrote: ↑
Sun Apr 10, 2022 7:17 pm
Snake oil salesman , not sure how many posters on here have fallen for it .

Never underestimate how far the barest social media & PR courtesy goes in keeping people happy, especially as a first impression. First impressions generally stick. Mine hasn't changed about them.
Did about Dyche but took about a year and some change.

JohnDearyMe · Post by **JohnDearyMe** » Sun Apr 10, 2022 7:24 pm

Whatever happened to the Egyptian businessman that was trying to buy us?

boatshed bill · Post by **boatshed bill** » Sun Apr 10, 2022 7:27 pm

JohnDearyMe wrote: ↑
Sun Apr 10, 2022 7:24 pm
Whatever happened to the Egyptian businessman that was trying to buy us?

Went back to his kebab business

JohnMcGreal · Post by **JohnMcGreal** » Sun Apr 10, 2022 7:30 pm

We'll be everyone's favourite underdog.

DCWat · Post by **DCWat** » Sun Apr 10, 2022 7:34 pm

cblantfanclub wrote: ↑
Sun Apr 10, 2022 7:15 pm
I think this is more an extension of Mike’s legacy than wholly ALK’s. He wanted to offload the club and could only find a buyer by doing a deal that involved taking funds out the club and possibly benefiting himself.
I think ALK’s legacy is that despite trying and investing in playing staff unlike Garlick they got the club a year too late and didn’t realise how much underinvestment there had been.
Maybe it’s them who got there trousers pulled down. This whole saga lies firmly at the door of the previous owners for me ALK didn’t force them to sell it to them or dictate the method the previous owners did that. Their legacy? Maybe it's tried but out of their depth.

If they didn’t realise how much underinvestment had been made, it gives me even less confidence in their abilities to get us out of this mess. They’d been looking at clubs for a number of years and that surely would have included a significant understanding of what the club needed, both on and off the pitch.

They may perhaps have fallen for the line that plenty on here have, the one that assumed we couldn’t be relegated with Dyche at the helm.

Almost Venky’s esque!

Bordeauxclaret · Post by **Bordeauxclaret** » Sun Apr 10, 2022 7:35 pm

Suspect the damage has been done despite the deleted posts.

Andingle · Post by **Andingle** » Sun Apr 10, 2022 7:37 pm

JohnDearyMe wrote: ↑
Sun Apr 10, 2022 7:24 pm
Whatever happened to the Egyptian businessman that was trying to buy us?

He walked , like an Egyptian

AfloatinClaret · Post by **AfloatinClaret** » Sun Apr 10, 2022 7:41 pm

cblantfanclub wrote: ↑
Sun Apr 10, 2022 7:15 pm
.. This whole saga lies firmly at the door of the previous owners for me ALK didn’t force them to sell it to them or dictate the method...

So are you suggesting that MG et Al 'forced' ALK to buy the club and/or dictated the method by which they chose to fund their purchase?

ALK made their own decisions on whether/how to buy BFC - that's what grown ups do - if those business decisions go tits up, that's their responsibility and problem

ClaretTony · Post by **ClaretTony** » Sun Apr 10, 2022 7:43 pm

Papabendi wrote: ↑
Sun Apr 10, 2022 6:58 pm
Reading between the lines CT hasn't been granted the red carpet he was hoping for from the new board. He very much warmed to Alan Pace initially.

And I can assure you that you have found the wrong line to read between, and I can also assure you I've never been granted the red carpet from anyone.

randomclaret2 · Post by **randomclaret2** » Sun Apr 10, 2022 7:48 pm

KRBFC wrote: ↑
Sun Apr 10, 2022 7:08 pm
People talk about lack of investment under Garlick, it's not better under ALK is it? What's the net spend in the 3 windows they've been here? can't be much and we're criminally short in key areas.

Less than £5 million I reckon

BabylonClaret · Post by **BabylonClaret** » Sun Apr 10, 2022 8:00 pm

My main worry is that it will be bankruptcy and further relegation. I'm hoping I'm wrong but so far it's not looking great - transfer business has been disappointing to say the least despite a 25m windfall (to be fair that necessitated a new forward immediately)

KRBFC · Post by **KRBFC** » Sun Apr 10, 2022 8:13 pm

cblantfanclub wrote: ↑
Sun Apr 10, 2022 7:15 pm

I think ALK’s legacy is that despite trying and investing in playing staff unlike Garlick they got the club a year too late and didn’t realise how much underinvestment there had been.

What's the net spend under ALK in the 3 transfer windows? they haven't brought in a single CM or RM? key areas of the squad that needed improving before they arrived. 18 months later haven't been addressed. Talk about under investment...