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No Vodka at Turf Moor!

There was a report in today`s Burnley Express newspaper once again linking Burnley with Russian investment in the club supposedly due to the efforts of Associate Director,John Sullivan . It clearly set the alarm bells ringing at the club prompting Burnley FC co-chairman, Mike Garlick to make an official statement as follows:

'Neither myself, co-chairman John Banaszkiewicz, or fellow directors Barry Kilby and Clive Holt have had any scheduled negotiations with Russian investors regarding potential investment in Burnley Football Club.

'Mr John Sullivan is currently an Associate Director of Burnley Football Club until May 2013, when this role will cease.

'The football club has not retained John in any capacity to act for the club with regards to securing any new investment.

'The club cannot comment on the involvement of Mr Brendan Flood in any negotiations as he is not permitted to be a director of Burnley Football Club due to Football League regulations.

'In closing, Burnley Football Club is always open for new investment, provided that it meets the vision of the Board of Directors, is of a 'fit and proper' nature, has the club's best interests at heart and can genuinely assist us in achieving our ultimate aim of gaining promotion back to the Premier League.'

Thanks to Burnley FC for the use of the photograph

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The Journalist

Writer: turfmanphil Mail feedback, articles or suggestions

Date:Tuesday April 9 2013

Time: 6:05PM

Your Comments

So reading between the lines, more of the same, nowt spent on players, cutting salaries up to 40%, falling revenue because of it, parachute payments drying up, FIFA Fair Play adding to the problems and midtable mediocrity and punching above our weight on the horizon if not worse! Great!
turfmanphil
Interesting statement about Brendan Flood. Had anyone heard this previously? My recollection was that he was voluntarily taking a break.
Couch Potato
If we want to compete we have to take the money, Careful is the word. A world of difference between Abromovitch and chicken farmers.
cornwallclaret
Talk on CPlayer pre-Bpool about this story having become local front page news, but I wasn't listening carefully! Sounds like Bredan Flood has been critical? He's still he biggest shgareholder. Dazza said that as well as what's going on in the news otehr things are happening behind the scenes, but that he's obviously not at liberty to talk about them.
Couch Potato
Here's the LT story. http://www.thisislancashire.co.uk/news/10351829.Brendan_Flood___I_was_forced_out_of_Turf_Moor_/ Bottom line seems to be that Brendan remains a very large shareholder and a Claret, but has decided he won't go back on the Board while Clive Holt and Mike Garlick are there, following the statement made about BF, as referenced in the main story here. Not a great situation. And anyone who read Fletch's Magical will realise that there have been rumbles between Board members for some time. It's hard to know what the implications are for Bfc. As CPlayer said on Sat pre Bpool KO, there's stuff going on that's not in the news as well as the stuff that now is. Any suggestions?
Couch Potato
 

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