Vital Football

Latest Burnley FC News

Arabian Knights for Clarets?

Arabian Knights for Clarets?

News broke this week that Burnley are searching for an investor from the oil-rich Gulf States to develop the club financially and help them achieve their Premier League dreams.

Brendan Flood confirmed he was seeking to bring Middle Eastern funding and even players to the club
.
'It's a club with super-sized ambition and we need an investor with a super-sized cheque book,' Flood told Dubai-based magazine, Arabian Business. 'It could help fulfil a lot for us.'

'We are also establishing a series of global alliances with other clubs. We've had a lot of enquiries from clubs in Qatar and Saudi Arabia about players and where the seasons aren't contemporaneous we could look at loaning players out.'

Flood went on to say he was aiming for $50 million investment to renovate Turf Moor and was also keen to take Gulf players on loan to increase our chances of promotion. How much of this aim is precipitated by the credit crunch and how much is pure innovation is difficult to say although the announced £30 million Turf Redevelopment has been scaled down in recent times with a reported saving of £5 million.

Begging for handouts in the Middle East appears the new norm after Manchester City`s takeover by Abu Dhabi investors not to mention the media also reporting interest by United Arab Emirates businessmen in both Liverpool and Newcastle United.

Some parochial and traditional Clarets fans will no doubt have concerns about Flood`s intentions whilst more glass half full Clarets will see this as a positive move and a way of finally breaking the financial stalemate, avoiding midtable mediocrity and maybe even giving the club its strongest chance yet of reaching the top flight and more importantly staying there.

Let`s hope Oils Well that ends well!! (I`ll get my coat!)

Many thanks to Burnley FC for the use of the photograph




Win £1,000,000 every week with Man of the Match®

Click here to join in the debate on the club forum.

Writer:turfmanphil
Date:Wednesday September 17 2008
Time: 11:42AM

Comments

0
Exciting times or are you worried about potential implications of this?
turfmanphil
17/09/2008 11:45:00
0
Our board seem to be very good at doing business, so I cant see them selling us short if you know what I mean. Any deals will be in the interest of the club.
smitrit
17/09/2008 12:27:00
0
Jury is out on this one.........don,t get a warm cosy feeling about it
Cardiff_Claret
17/09/2008 16:28:00
0
Burnley owner Brendan Flood wants to bring Middle Eastern money to the club, telling Arabian Business magazine they have "super-sized ambition" and need someone with a "super-sized chequebook". (Independent)
turfmanphil
18/09/2008 08:10:00
0
Flood says the Clarets are also "a viable option for strategic investors". The multi-millionaire, a lifelong Burnley fan, told the Lancashire Telegraph: "While we have a strong board, the club will always be open to financially stronger, strategic investors who may give us an advantage over our competitors. "Outside of the big four, there are football clubs both in Premiership and Championship who are constantly aware of the increasing demands up on their finances to compete as a global business, as English football is the premier environment for the football world. "In discussing our ambitions with the Arabian business press, we are making sure that Burnley is a forward-thinking club and a viable option for strategic investors."
turfmanphil
18/09/2008 14:27:00
0
As stated on the forums. I am aware of Arabian investment. I thought that had been pulled though. If not, I am surprised. However I will reiterate, they are not on the same scale as Man City's investors.
Parrotclete
19/09/2008 15:10:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Bellew’s Threat to Haye

Recent Burnley Articles

We Move On - Dyche

Manager Sean Dyche and James Tarkowski have both been speaking following FA Cup disappointment against Lincoln City at the weekend.

Video - Burnley 0-1 Lincoln

Lincoln caused another giant killing act with the non-league side dumping Burnley out of the FA Cup. A last minute winner claiming the Imps the Clarets' scalp.

Vital View - FA Cup, 18th-19th February 2017

A season of upsets continued with non-league Lincoln making it into the last eight along with Millwall - they saw off Burnley and Leicester respectively.

Stats: Burnley v Lincoln City

All the stats from Burnley (0) vs (1) Lincoln City, Turf Moor, 18/2/17 Att: 19,185

Archived Vital Burnley Articles

Vital Burnley articles from

Site Journalists

Write for Vital Burnley
Write For Vital Burnley
Apply Here

Current Poll (see more polls)

FAC - Lincoln MotM
Suggested By: Site Staff
Heaton1%
Darikwa36%
Keane0%
Tarkowski18%
Flanagan0%
Berg Gudmundsson9%
Westwood0%
Barton18%
Arfield9%
Gray0%
Vokes0%
Sub - Boyd0%
Sub - Barnes9%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Chelsea 25 19 3 3 60 34
2 Man City 25 16 4 5 52 22
3 Spurs 25 14 8 3 50 28
4 Arsenal 25 15 5 5 50 26
5 Liverpool 25 14 7 4 49 24
6 Man Utd 25 13 9 3 48 17
7 Everton 25 11 8 6 41 13
8 WBA 25 10 7 8 37 3
9 Stoke 25 8 8 9 32 -6
10 West Ham 25 9 5 11 32 -9
11 Southampton 25 8 6 11 30 -3
12 Burnley 25 9 3 13 30 -9
13 Watford 25 8 6 11 30 -13
14 AFC Bournemouth 25 7 5 13 26 -14
15 Swansea 25 7 3 15 24 -23
16 Middlesbrough 25 4 10 11 22 -8
17 Leicester City 25 5 6 14 21 -19
18 Hull City 25 5 5 15 20 -27
19 Crystal Palace 25 5 4 16 19 -14
20 Sunderland 25 5 4 16 19 -22
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Burnley Results (view all)

Burnley Fixtures (view all)

Feb 25 2017 3:00PM : Hull City (a)
Barclays Premier League
Mar 4 2017 3:00PM : Swansea City (a)
Barclays Premier League
Mar 12 2017 4:00PM : Liverpool (a)
Barclays Premier League
Mar 18 2017 3:00PM : Sunderland (a)
Barclays Premier League
Apr 1 2017 3:00PM : Tottenham Hotspur (H)
Barclays Premier League
Apr 4 2017 7:45PM : Stoke City (H)
Barclays Premier League

Vital Members League Table

RankNamePoints
1.Irishclaret13
2.cornwallclaret9
3.Grimsby Claret6
4.stevewright703
5.WelshClaret3
6.possetclaret1
The Vital Football Members League