Pace & Co.-The Five Year Plan

[Swissclaret]

"What will Pace & Co. do now their much heralded 5 year plan has expired."

I have no doubt Mr Pace and his chums have an exit strategy that will ensure they are fine, just what state this will leave the club in is anybody's guess. My guess is we'll be up the proverbial sh1t creek without the proverbial paddle.

Fund managers like ALK look to a 7 year investment cycle. Had the 5 year plan worked with Burnley as an established member of the PL the plan would have produced an obvious exit strategy in terms of value and attractiveness in years 6 and 7.

The danger that we both highlighted at the time was the impact of a leveraged buy out that weakened the club. ALK has very little to lose in selling the club at a substantial discount to get it off their hands. It will then be a lottery as to the type of owner that might come in.

[ClaretinBudapest]

Fund managers like ALK look to a 7 year investment cycle. Had the 5 year plan worked with Burnley as an established member of the PL the plan would have produced an obvious exit strategy in terms of value and attractiveness in years 6 and 7.

The danger that we both highlighted at the time was the impact of a leveraged buy out that weakened the club. ALK has very little to lose in selling the club at a substantial discount to get it off their hands. It will then be a lottery as to the type of owner that might come in.

It wouldn`t surprise me if they have already recovered more than their initial investment.I reckon the loans at 11% interest could be a cover for getting their initial layout back in some form or other.Having the career he has had,he will probably be on first name terms with most of the lenders in todays market.