Skyblueweeman
Well-Known Member
Just read this article on the BBC website...
Despite the content about their new owners, I was astounded by their financial situation (regardless of how it'll change with this takeover). Wages only 63% of turnover with £41m in the bank. What a great position to be in, considering they're an EPL team.
Interestingly, Paul Fletcher, who was on our board, joined Burnley FC after he left Cov. He's not been on the Burnley board for a while though. And of their directors is Mike Garlick - wonder if any relation to Sandra who was involved in Covs stadium advisory group wasn't she?
Anyway, great financial position they're currently in.
Burnley takeover: Alan Pace makes immediate impression but why are there concerns?
New Burnley owner Alan Pace has made an immediate impression since taking over in December - so why are so many people uneasy about his arrival?
Despite the content about their new owners, I was astounded by their financial situation (regardless of how it'll change with this takeover). Wages only 63% of turnover with £41m in the bank. What a great position to be in, considering they're an EPL team.
Interestingly, Paul Fletcher, who was on our board, joined Burnley FC after he left Cov. He's not been on the Burnley board for a while though. And of their directors is Mike Garlick - wonder if any relation to Sandra who was involved in Covs stadium advisory group wasn't she?
Anyway, great financial position they're currently in.