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Post by spitthedog on Dec 29, 2020 15:39:38 GMT
So ALK Capital are confident of completing their takeover of the club by the end of the week.
ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake.
At the risk of sounding naive (or even stupid!), my question would be Why?
Why are a American sports investment firm interested in taking over Burnley?
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Post by werrington on Dec 29, 2020 15:45:22 GMT
So ALK Capital are confident of completing their takeover of the club by the end of the week. ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake. At the risk of sounding naive (or even stupid!), my question would be Why? Why are a American sports investment firm interested in taking over Burnley? The premiership and its global export mate If Burnley were to be relegated they’d soon lose that interest but the premier league and the FA will sit back and shrug their shoulders |
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Post by davejohnno1 on Dec 29, 2020 16:58:03 GMT
So ALK Capital are confident of completing their takeover of the club by the end of the week. ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake. At the risk of sounding naive (or even stupid!), my question would be Why? Why are a American sports investment firm interested in taking over Burnley? The premiership and its global export mate If Burnley were to be relegated they’d soon lose that interest but the premier league and the FA will sit back and shrug their shoulders Fingers crossed they take them to the brink of their very existence. I wouldn't wish any club, even vale and Burnley, disappear completely but new owners, who they think will take them to the champions league taking them back to where they belong in the 4th division would be lovely  |
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Post by werrington on Dec 29, 2020 17:03:20 GMT
The premiership and its global export mate If Burnley were to be relegated they’d soon lose that interest but the premier league and the FA will sit back and shrug their shoulders Fingers crossed they take them to the brink of their very existence. I wouldn't wish any club, even vale and Burnley, disappear completely but new owners, who they think will take them to the champions league taking them back to where they belong in the 4th division would be lovely I wonder if it’s Charles Machin? |
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Post by The Toxic Avenger on Dec 29, 2020 17:13:06 GMT
Sure the human scotch egg who manages them will find a way to whine about it, one way or another.
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Post by davejohnno1 on Dec 29, 2020 17:21:53 GMT
Sure the human scotch egg who manages them will find a way to whine about it, one way or another. Hopefully they'll give him something to whinge about and make their first task to sack him |
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Post by Miles Offside on Dec 29, 2020 17:27:04 GMT
Sure the human scotch egg who manages them will find a way to whine about it, one way or another. Hopefully they'll give him something to whinge about and make their first task to sack him Dyche has done a great job there. |
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Post by davejohnno1 on Dec 29, 2020 17:31:10 GMT
Hopefully they'll give him something to whinge about and make their first task to sack him Dyche has done a great job there. Even more reason to sack him |
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Post by The Toxic Avenger on Dec 29, 2020 17:31:26 GMT
Hopefully they'll give him something to whinge about and make their first task to sack him Dyche has done a great job there. He's still a dreary, moaning ballbag. |
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Post by somersetstokie on Dec 29, 2020 17:32:28 GMT
So ALK Capital are confident of completing their takeover of the club by the end of the week. ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake. At the risk of sounding naive (or even stupid!), my question would be Why? Why are a American sports investment firm interested in taking over Burnley?[/b] They probably think that Burnley is close to London. |
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Post by The Toxic Avenger on Dec 29, 2020 17:32:41 GMT
Sure the human scotch egg who manages them will find a way to whine about it, one way or another. Hopefully they'll give him something to whinge about and make their first task to sack him If it means I don't have to listen to his gargling with marbles and acid voice again that would be brilliant. |
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Post by moon on Dec 29, 2020 18:16:44 GMT
The premiership and its global export mate If Burnley were to be relegated they’d soon lose that interest but the premier league and the FA will sit back and shrug their shoulders Fingers crossed they take them to the brink of their very existence. I wouldn't wish any club, even vale and Burnley, disappear completely but new owners, who they think will take them to the champions league taking them back to where they belong in the 4th division would be lovely They are where they belong at this point in time and fair play to them, it’s no fluke as they’ve been there for 10+ years. It looks like their days in the premier league may be coming to an end either this season or the next year or two though. They’re not a club I enjoy watching as many other fans felt about us no doubt, they have some proper fans though and they were the smallest town to have a premier league club (not sure if this is still the case). Dyche is an excellent manager but maybe he has taken them as far as he can given the resources available, unfortunately for him he’s not fashionable enough to get a top job. |
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Post by davejohnno1 on Dec 29, 2020 18:31:13 GMT
Fingers crossed they take them to the brink of their very existence. I wouldn't wish any club, even vale and Burnley, disappear completely but new owners, who they think will take them to the champions league taking them back to where they belong in the 4th division would be lovely They are where they belong at this point in time and fair play to them, it’s no fluke as they’ve been there for 10+ years. It looks like their days in the premier league may be coming to an end either this season or the next year or two though. They’re not a club I enjoy watching as many other fans felt about us no doubt, they have some proper fans though and they were the smallest town to have a premier league club (not sure if this is still the case). Dyche is an excellent manager but maybe he has taken them as far as he can given the resources available, unfortunately for him he’s not fashionable enough to get a top job. All of that is very reasonable. I live here though and I'm not reasonable. Dyche is a whinging arsehole and Burnley are as tinpot as tinpot gets. I'll hopefully enjoy watching new owners asset strip them and take them back down the leagues. EDIT - presumably the whinging arsehole will point out how his goalkeeper wiped out Sheff Utd players whilst failing to collect that corner as well? |
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Post by Deleted on Dec 29, 2020 18:34:25 GMT
Sure the human scotch egg who manages them will find a way to whine about it, one way or another. He's a substantial manager. |
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Post by thevoid on Dec 29, 2020 18:41:17 GMT
Dyche looks like a bailiff, perhaps he'll replace Paul Bohill on Can't Pay We'll Take it Away if he quits football 😎
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Post by pottersrule on Dec 29, 2020 21:02:54 GMT
Sure the human scotch egg who manages them will find a way to whine about it, one way or another. 😆 |
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Post by karl on Dec 29, 2020 22:11:49 GMT
Hope the new owners decide to buy Vokes back.
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Post by prestwichpotter on Jan 8, 2021 7:57:46 GMT
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Post by chiswickpotter on Jan 8, 2021 8:30:04 GMT
Good spot. This is why they are interested, easy money to be made, leverage up and extract dividends. Interesting how much money they have in the bank given how little they spend on players. Will new owners be looking to splash out? Presume they will try and spend enough to stay up, no more. Day he gets away with a lot. His comments about how football is a business and rich clubs shouldn’t support the rest, completely ignored his own career. I also read a report alleging he gets a cut of transfer profits on academy players - shocking |
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Post by Olgrligm on Jan 8, 2021 8:32:21 GMT
Much like the Glazer family at Manchester United? |
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Post by davejohnno1 on Jan 8, 2021 8:39:59 GMT
Much like the Glazer family at Manchester United? Which is all fine whilst they are enjoying premier league riches. When it goes tits up and they get relegated, it won't be so manageable then. |
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Post by moon on Jan 8, 2021 8:44:01 GMT
Much like the Glazer family at Manchester United? Which is all fine whilst they are enjoying premier league riches. When it goes tits up and they get relegated, it won't be so manageable then. So true, this kind of crazy deal worked at Man Utd because they had a huge fanbase, at Burnley they'll be relying solely on their PL income. This will quickly turn sour when they get relegated which I think is likely in the next few seasons if not this time around. |
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Post by Veritas on Jan 8, 2021 9:21:11 GMT
Now the fantasy of Arsenal being relegated has gone Burnley, and ideally Newcastle, are my new wish to join doomed Sheff U.
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Post by prestwichpotter on Jan 8, 2021 9:37:22 GMT
Much like the Glazer family at Manchester United? Exactly, but without the global brand and huge revenue streams....... |
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Post by followyoudown on Jan 8, 2021 9:59:28 GMT
Good spot. This is why they are interested, easy money to be made, leverage up and extract dividends. Interesting how much money they have in the bank given how little they spend on players. Will new owners be looking to splash out? Presume they will try and spend enough to stay up, no more. Day he gets away with a lot. His comments about how football is a business and rich clubs shouldn’t support the rest, completely ignored his own career. I also read a report alleging he gets a cut of transfer profits on academy players - shocking Thats a bit of a crap analysis by the guy though the purchase price is £150m with £55m cash in the bank if the cash wasn't there the purchase price would be £95m as the valuation includes all the assets of the club so they haven't used the clubs own money to buy the club. It also wouldn't really benefit them to take the £55m out as dividends as they essentially pay tax on their own money, I presume the previous owner didnt take it as dividends because a profit on the sale would be better for him for tax purposes. |
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Post by drfishy on Jan 8, 2021 10:05:47 GMT
Good spot. This is why they are interested, easy money to be made, leverage up and extract dividends. Interesting how much money they have in the bank given how little they spend on players. Will new owners be looking to splash out? Presume they will try and spend enough to stay up, no more. Day he gets away with a lot. His comments about how football is a business and rich clubs shouldn’t support the rest, completely ignored his own career. I also read a report alleging he gets a cut of transfer profits on academy players - shocking Thats a bit of a crap analysis by the guy though the purchase price is £150m with £55m cash in the bank if the cash wasn't there the purchase price would be £95m as the valuation includes all the assets of the club so they haven't used the clubs own money to buy the club. It also wouldn't really benefit them to take the £55m out as dividends as they essentially pay tax on their own money, I presume the previous owner didnt take it as dividends because a profit on the sale would be better for him for tax purposes. So if using £95m as the purchase price that means they've borrowed £80m from dell and put in £15m of their own money? |
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Post by followyoudown on Jan 8, 2021 10:08:48 GMT
Thats a bit of a crap analysis by the guy though the purchase price is £150m with £55m cash in the bank if the cash wasn't there the purchase price would be £95m as the valuation includes all the assets of the club so they haven't used the clubs own money to buy the club. It also wouldn't really benefit them to take the £55m out as dividends as they essentially pay tax on their own money, I presume the previous owner didnt take it as dividends because a profit on the sale would be better for him for tax purposes. So if using £95m as the purchase price that means they've borrowed £80m from dell and put in £15m of their own money? Yes as they effectively paid £55m for the £55m cash |
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Post by claymore on Jan 8, 2021 10:34:19 GMT
The premiership and its global export mate If Burnley were to be relegated they’d soon lose that interest but the premier league and the FA will sit back and shrug their shoulders Fingers crossed they take them to the brink of their very existence. I wouldn't wish any club, even vale and Burnley, disappear completely but new owners, who they think will take them to the champions league taking them back to where they belong in the 4th division would be lovely There's a few clubs I would love to see disappear for ever. |
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Post by wagsastokie on Jan 8, 2021 10:56:06 GMT
Fingers crossed they take them to the brink of their very existence. I wouldn't wish any club, even vale and Burnley, disappear completely but new owners, who they think will take them to the champions league taking them back to where they belong in the 4th division would be lovely There's a few clubs I would love to see disappear for ever. Other than Milton Keynes dons I also wouldn’t want any club to disappear Now a few to wallow in obscurity for a long while is a different matter |
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Post by scfc1863 on Jan 8, 2021 12:40:46 GMT
So ALK Capital are confident of completing their takeover of the club by the end of the week. ALK is an American sports investment firm headed up by Pace, former president of Major League Soccer side Real Salt Lake. At the risk of sounding naive (or even stupid!), my question would be Why? Why are a American sports investment firm interested in taking over Burnley?[/b] They probably think that Burnley is close to London. [/quote] Good shout, perhaps their researcher thought they were getting Bromley. |
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