Burnley Thread - 2021/22

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Burnley's results have certainly improved since they sacked Dyche. You get the feeling he had become bigger than the club so he had to go.
 
HelloCity said:
Another US backed takeover using big loans which Burnley will struggle to pay back if they go down.

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Yep any Tom dick and harry would of know that but the people who allowed to the sale to another American owner who only bothered about money would know if Burnley go down and they are a club who odds on them going down are quite high they would be in deep deep shit! Worse case scenario they don’t come back up for years and end up in admin.
 
8% interest per year on that loan!

How the hell did that make sense in 2020?

Burnley are battling for the existence of their club over the next four games
 
HelloCity said:
Like when Huddersfield came up. What happened to all that TV and position money they got for 2 years in the PL? They barely spent anything.
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(Allegedly) Old chairman who got them up pretty much drained the club of their TV income and some parachute payments, then (allegedly) did a deal with their current chairman for him to take it off him in return for the current chairman to be able to take the rest and then operate the club on a shoestring.

Saying that, the new chairman did appoint Corberan whose single handedly taken a League 1 level squad to the playoffs, so the strategy has worked, so he's not an idiot.
 
jamesha said:
8% interest per year on that loan!

How the hell did that make sense in 2020?

Burnley are battling for the existence of their club over the next four games
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Isn’t it LIBOR Plus 8%? Not sure what current LIBOR rate is, but the total must be about 10%.
 
waspish said:
Yep any Tom dick and harry would of know that but the people who allowed to the sale to another American owner who only bothered about money would know if Burnley go down and they are a club who odds on them going down are quite high they would be in deep deep shit! Worse case scenario they don’t come back up for years and end up in admin.
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Yet the powers that be don’t do a single thing about it yet clubs whose owners are willing to invest heavily ....... you for starters and to a lesser extent Sheff Wed are punished for it ........ honestly what the Fook is that all about ????
We have seen Bury go under because of these leeches yet the powers that be don’t do a thing to stop it happening again ????
If your buying a club based on a loan then you shouldn’t be allowed anywhere near it
 
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