ALK - takeover expected next week.

[Vintage Claret]

The ambition which the board of directors has shown recently is very poor and I cannot see any major improvement being achieved under the control of Garlick. There is a difference between being prudent with funds available and letting the club decline due to lack of investment in the team.

If Garlick is controlling the funds for any transfers in January it will be BFC’s normal transfer policy.
1) We enquire as to the availability of a player.
2) His club says yes, he is available and the price being £15M.
3) BFC offer £10M
4) The players club reject our offer saying the price is £15M
5) BFC increase their offer by £500K
Steps 4 & 5 are repeated until the transfer window closes and the player is not signed.

We will be scrambling around on transfer dead line day bringing in someone who will not fit the profile required by our manager and he will sit on the bench match after match possibly getting on the pitch for the last 10 minutes if he is lucky.

Hope I am wrong and we do some good business in the January transfer window, but not holding my breath if Garlick is still in charge.

[oldcolner]

Vibes I see are a deal is imminent, job closes Jan 4th so maybe it will be before then.
Won’t be any use for the next window though.
However more money should be available for it.

[The Bedlington Terrier]

Vibes I see are a deal is imminent, job closes Jan 4th so maybe it will be before then.
Won’t be any use for the next window though.
However more money should be available for it.

I am receiving emails telling me changes are happening...

https://suite.endole.co.uk/insight/c...dings-limited#

[oldcolner]

I am receiving emails telling me changes are happening...

https://suite.endole.co.uk/insight/c...dings-limited#

Seems so.
Some Q@A s on here

Right midfield, right-back and centre-back remain the three key positions to add. ALK want to support Dyche in the market but it is likely to be one or two signings rather than a flurry of deals.

What is the likeliness of the takeover happening out of 10

"Very high, I would probably say eight or nine. Loathe to say 10 as things can still change but there is growing confidence now that this will get done."

https://www.lancs.live/sport/footbal...pital-19513159

[oldcolner]

This may be our future as Midtylland owners are American with similar Moneyball ideas for a small club that made Europe this year. Brentford owner is major shareholder and developing them too.

https://www.dailymail.co.uk/sport/sp...Or-decade.html

[sinkov]

James Ducker in the Telegraph reckons it's happening later this week.

"ALK Capital are confident of completing a takeover of Burnley before the end of the week in a significant boost to Sean Dyche’s hopes of strengthening his squad in the transfer window next month.

Alan Pace, managing director of the American sports investment company, is in Lancashire thrashing out the final details of the buyout having passed the Premier League owners’ and directors’ test.

Although there is unlikely to be an announcement in the next 48 hours, both parties are optimistic a deal will be concluded before Burnley face Fulham at Turf Moor on Sunday in their first game of the new year.

With Burnley embroiled in a relegation battle, Dyche is desperate to bolster his squad when the winter window opens on Friday and ALK are expected to make funds available to the manager, whom they consider to be integral to their long-term plans.

Burnley, who face a crucial game against bottom club Sheffield United at Turf Moor on Tuesday night, are currently two points above the drop zone with a game in hand on their fellow strugglers.

Dyche endured a frustrating summer, when tensions with chairman Mike Garlick deepened and the manager was unable to bring in the reinforcements he wanted, despite losing senior players such as Jeff Hendrick, Aaron Lennon and Joe Hart.

Burnley have discovered some form of late, even if Sunday’s 1-0 defeat at Leeds was a setback, but Dyche is hoping one or two strong additions will significantly enhance the club’s prospects of avoiding relegation.

Pace, a former president of Major League Soccer franchise Real Salt Lane who heads up ALK, has been busy working throughout the Christmas holidays with his team to conclude a takeover in time for Dyche to be active in the window.

The takeover will see ALK purchase Garlick’s majority 49.24 per cent shareholding and John Banaszkiewicz’s 28.2 per cent stake. Garlick has been instrumental alongside Dyche in turning Burnley into a stable, profitable Premier League club although it remains to be seen if the current chairman will have any role under the future owners, not least given how his relationship with Dyche had soured. Pace will have a hands-on role in the running of the club and plans to appoint his own people.

Egyptian entrepreneur Mohamed Sayed Zein Elkashashy and Chris Farnell, a Cheshire-based sports lawyer, had also been vying for ownership of Burnley but pulled out of the running this month.

Pace previously tried to buy Sheffield United and worked in various senior roles for Citigroup in addition to being managing director of now defunct US bank Lehman Brothers for 12 years until 2006."

[Vintage Claret]

With all due respect, our defensive unit is performing well, we are not shedding lots of goals and we are keeping some clean sheets. It is in creating good chances and taking advantage of the chances we create that is our current problem.

I would suggest that our main targets should be a pacey winger, a creative midfielder with some flair and a striker who can take some of the few chances we create.

Preferably we also need to ensure the players we bring in are not at the end of their playing careers. Signing Crouch was not good business as described by our head of recruitment.

While I agree we need other positions filling, but at the moment we are not scoring enough goals and it is goals that win games.

[oldcolner]

Sinkovs post seems accurate

Alan Pace has passed the PL owners test and Sky reporting deal should be done within 48 hrs.

Great timing given he was trying to buy Sheffield Utd.

[The Bedlington Terrier]

Sinkovs post seems accurate

Alan Pace has passed the PL owners test and Sky reporting deal should be done within 48 hrs.

Great timing given he was trying to buy Sheffield Utd.

Sinkov is usually on the money OC unless he gives me horse racing tips OC. So far my "certs" have finished 7th out of 7 runners and 25th out of 27 runners. 59er is usually worse than that except on one memorable occasion when I was at Haydock Park and he gave me 5 winners out of 7 races. One of the lasses out of our office was with me and she still thinks every time you go to a racecourse you win lots of money because she backed what I did.

[oldcolner]

Sinkov is usually on the money OC unless he gives me horse racing tips OC. So far my "certs" have finished 7th out of 7 runners and 25th out of 27 runners. 59er is usually worse than that except on one memorable occasion when I was at Haydock Park and he gave me 5 winners out of 7 races. One of the lasses out of our office was with me and she still thinks every time you go to a racecourse you win lots of money because she backed what I did.

Lol
I’ll not mention Covid then!
I’m not a betting man, though my grandson is educating me about horse racing. Have only ever bet on the Grand National and lost.