A shambles on the pitch and a shambles off the pitch.
It looks to me like we are drowning in the deep brown stuff and make no mistake...
https://www.lancs.live/sport/footbal...rnley-21784032
A shambles on the pitch and a shambles off the pitch.
It looks to me like we are drowning in the deep brown stuff and make no mistake...
https://www.lancs.live/sport/footbal...rnley-21784032
I'm still struggling to see how the club is benefitting from the new ownership, maybe I'm missing something, can anyone enlighten me ?
Never mind we are bottom of the League with relegation almost nailed on, our Equality and Diversity problem is being addressed...
https://www.burnleyfootballclub.com/...t/new-recruits
I have been going "On the Turf" as long as you have Supersub6 and never realised we have a "Equality, Diversity & Inclusion" problem to resolve - did you?
I knew the Yanks were/are bonkers (I lived there for 5 years) but Pace & Co seem to be the world leaders in banality.
If it is any consolation, the acquisition by the Glazer family of Manchester Ronaldo (formerly known as Newton Heath) was a leveraged buy out. The worrying thing is that we are not Manchester Ronaldo.
Even at the generously low rate of over 7% (exhorbitant at current rates) the club will be paying £4.5 million a year in interest. I don’t know the capital repayment terms. If is over 5 years the club will be repaying £12 million a year.
I am not too sure, therefore, where the millions will come from to invest on the pitch.
Interesting that lots of fans moaned about some of the Directors being repaid their loans back in 2009/10 when we had been promoted to the PL. We couldn't have got loans from anywhere and a few directors used their money to keep the club afloat, many of them thought that they would not see a return on their loan, in fact, some thought that they would not see their money again! The interest rate that was paid to them was around 6% from memory and they were chastised by fans because they had the gall to have their money repaid and they were supposed to be fans of the club.