Match Day Thread General matchday thread.

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What's going on with Burnley like? On the brink of complete bankruptcy or something?

So if Dyche goes elsewhere or walks and they take the drop are they in danger of some complete financial collapse?
 
Welshie said:
What's going on with Burnley like? On the brink of complete bankruptcy or something?

So if Dyche goes elsewhere or walks and they take the drop are they in danger of some complete financial collapse?
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A leveraged takeover, should be illegal ffs. Basically the new owners have borrowed the equivalent of the purchase price of the club, and lumped the debt onto the club. They’ve also emptied their cash reserves.
 
Tobes said:
A leveraged takeover, should be illegal ffs. Basically the new owners have borrowed the equivalent of the purchase price of the club, and lumped the debt onto the club. They’ve also emptied their cash reserves.
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Which, if I'm not mistaken, is what the Man Utd owners did previously?

I'm a bit baffled as to how that passed an O&D test tbph.
 
Welshie said:
Which, if I'm not mistaken, is what the Man Utd owners did previously?

I'm a bit baffled as to how that passed an O&D test tbph.
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Yes they did, the salient difference being that United had revenues that were amongst the highest in the World of togger, so could service the debt. Burnley haven’t.

They’ll have passed the directors test as they’re clean, however the previous owner should have flushed out their intentions, as they’re nothing but vulture capitalists.
 
Tobes said:
Yes they did, the salient difference being that United had revenues that were amongst the highest in the World of togger, so could service the debt. Burnley haven’t.

They’ll have passed the directors test as they’re clean, however the previous owner should have flushed out their intentions, as they’re nothing but vulture capitalists.
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Oh well, that's Burnley gone next year then. Roll on the next Championship knackers to clog up the bottom half of the table.
 
Welshie said:
Oh well, that's Burnley gone next year then. Roll on the next Championship knackers to clog up the bottom half of the table.
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It’s a shocker tbh. If they go down, they’re completely ****ed, won’t be this season but with even less to spend in the summer than normal, it could well be next, especially if this tips the ginger Mourinho.
 
Tobes said:
A leveraged takeover, should be illegal ffs. Basically the new owners have borrowed the equivalent of the purchase price of the club, and lumped the debt onto the club. They’ve also emptied their cash reserves.
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****ing disgraceful. I said the same when the Glazers did it to Utd, but they were in a far stronger position.
Wouldn't blame Dyche for walking away now, to be honest.
 
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PleaseNotPoll said:
****ing disgraceful. I said the same when the Glazers did it to Utd, but they were in a far stronger position.
Wouldn't blame Dyche for walking away now, to be honest.
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Smart move for Dyche is to persevere this season, keep them up against the odds and then walk. He'd walk into a new job at the end of the season, if we aren't getting new buyers anytime soon I'd snatch him up.
 
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