Takeover? For or against

[barrie_burn]

Telegraph today reporting possible interest in a takeover of the Club.

This has come up on occasions in the past and I was interested in Sean's reported comments that you can't keep operating on an annual net spend of £9 million.However,over many years it is clear that this is how we have been run,we are labelled as a selling Club.

This raises questions?

1.Why would anyone pump in a lot of money to try and bring success?

2.Do they have money to gamble with and enjoy the prestige that comes from owning a PL Club?

3.Do they want to promote their "brand" (Ask the Venky's)?

4.We ARE a small town Club but in the PL supporters money counts for very little.

5.Do they have an interest in the town/Club on a long term basis or are they after making a "quick buck"?

6.Who actually are they?The present Board are supporters who do not take money out of the Club.

Be interesting to hear any of your views

[The Bedlington Terrier]

I would rather be giving Garlick some well deserved stick than Sheikh Abdullahwotisname who would be simply pishing about with our football club.

[bfcjon]

I would rather be giving Garlick some well deserved stick than Sheikh Abdullahwotisname who would be simply pishing about with our football club.

There is a report out about a takeover/investment ,..,Reported today,..Allbeit from Canada...

[exilecanada]

There is a report out about a takeover/investment ,..,Reported today,..Allbeit from Canada...

Could you possibly post a link to the report?

Thanks in advance.

[bfcjon]

Could you possibly post a link to the report?

Thanks in advance.

I found it on News Now Burnley,...with a Canadian tab, called Last Word On Football,..if that means anything in Canada exilecanada
Not sure if they are picking up on previous reports, but seems strange,..with Garlic not wanting to pay wages of players Dyche wanted to keep.

[Altobelli]

https://www.telegraph.co.uk/football...g-buy-premier/

[exilecanada]

https://www.telegraph.co.uk/football...g-buy-premier/

Thanks. I cant read the whole article, needs a subscription. The first couple of paragraphs didn't mention Canada though. Any chance you could elaborate?

[Altobelli]

Sorry Canada I cannot, I also don't subscibe to certain internet newspaper's.

I also picked up when searching just now a social media topic on Facebook/Twitter I cannot remember which, from March 2018 with more or less the same headlines in that an American or Middle East consortium are considering a 180 Million £ takeover, so it may be a rehash of that Canada.

[exilecanada]

ok. thanks.

[1959_60]

It doesn't sit easily with me, but is the only way we have a chance of continuing to compete in this league.

But...the interested party needs scrutinising to within an inch of it's life - too many clubs have made the wrong decision in the recent past.

If we do a very thorough fit and proper test, and are sure that they wish to invest for which we consider to be the right reasons, then I would welcome it. I want to see my club playing at the highest level for as long as possible.

At the moment, on our resources, we are massively over achieving - and this can't be sustainable for too long.