GrahamC Posted April 1, 2016 Report Share Posted April 1, 2016 Interesting to see the contrast in accounts published by two Lancashire rivals today. Blackburn, following on from Bolton have admitted that their debt has risen from £79m to over £100m, which explains why they were so desperate to sell Jordan Rhodes in January. On the other hand Burnley have just announced a trading profit of £30.1m for the year, a figure that doesn't even include the outcome of the Danny Ings tribunal following his move to Liverpool, which will probably net them another £7m or so. What a fantastically run club they are, top of the league, debt free and managing their resources far, far better than so many others in our league. Link to comment Share on other sites More sharing options...
Unan Posted April 1, 2016 Report Share Posted April 1, 2016 For now.. They're punching, no doubt it'll all come crashing down on them like it has to everybody else. Link to comment Share on other sites More sharing options...
Pezo Posted April 1, 2016 Report Share Posted April 1, 2016 It is simple, don't pay too much, get quality players and make sure you get to the prem to secure those bounce back payments. I think we're ok on point 1, we have quality but not enough so need more (without overpaying for it) and point 3 is not going so well for us. So just need those allusive quality players that don't cost much to get us promoted and we could be in the same position a year later. Link to comment Share on other sites More sharing options...
The Gasbuster Posted April 1, 2016 Report Share Posted April 1, 2016 28 minutes ago, GrahamC said: Interesting to see the contrast in accounts published by two Lancashire rivals today. Blackburn, following on from Bolton have admitted that their debt has risen from £79m to over £100m, which explains why they were so desperate to sell Jordan Rhodes in January. On the other hand Burnley have just announced a trading profit of £30.1m for the year, a figure that doesn't even include the outcome of the Danny Ings tribunal following his move to Liverpool, which will probably net them another £7m or so. What a fantastically run club they are, top of the league, debt free and managing their resources far, far better than so many others in our league. And all on similar attendances to us. Link to comment Share on other sites More sharing options...
Robbored Posted April 1, 2016 Report Share Posted April 1, 2016 Burnley have parachute payments from the PL. That really helps with finances. Plus they have a top manager in Sean Dyche and looks as if he'll be taking them back thee this season. Link to comment Share on other sites More sharing options...
GrahamC Posted April 1, 2016 Author Report Share Posted April 1, 2016 3 minutes ago, Robbored said: Burnley have parachute payments from the PL. That really helps with finances. So do Bolton and Blackburn... Link to comment Share on other sites More sharing options...
And Its Smith Posted April 1, 2016 Report Share Posted April 1, 2016 41 minutes ago, Griffin said: For now.. They're punching, no doubt it'll all come crashing down on them like it has to everybody else. How come you're such a consistently upbeat guy/girl? Link to comment Share on other sites More sharing options...
redfred Posted April 1, 2016 Report Share Posted April 1, 2016 Burn key's decision not to spend big when the reached the Premier League second time round has borne fruit with their latest set of accounts. From a business perspective, the fact that they didn't spend big, but were relegated didn't really matter too much. It's worth noting that they were in considerable debt before their last promotion and it would have been a financial tale similar to ours if they'd stayed down. So it goes to show that promotion to the PL is the line between a 'well run club' like Burnley and ours, which has not been perceived to be well run when considering its debt level and league position. Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 15 minutes ago, Robbored said: Burnley have parachute payments from the PL. That really helps with finances. Plus they have a top manager in Sean Dyche and looks as if he'll be taking them back thee this season. But they didn't have parachute payments in 2009. Or Sean Dyche. And still up they went. I think this is Graham's point, they are very well run and have been for some time. Or it's just coincidence and outrageous luck. Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 36 minutes ago, The Gasbuster said: And all on similar attendances to us. They averaged 13,719 when they went up in 2014. And 13,082 when promoted in 2009. That's what we got for relegation in 2013. I reckon we would attract a few more than that for promotion from this league Link to comment Share on other sites More sharing options...
Unan Posted April 1, 2016 Report Share Posted April 1, 2016 22 minutes ago, RedDave said: How come you're such a consistently upbeat guy/girl? Just trying to be realistic, sorry, believe it or not I'm actually very optimistic in person. Link to comment Share on other sites More sharing options...
shelts Posted April 1, 2016 Report Share Posted April 1, 2016 You don't have to spend massive amounts to get you up, I think it's more about the manager and how he puts it all together. Interesting they didn't spend big in the prem , got relegated, and look likely to go back up, it's as if they accept relegation but will continue to do it their own way. Maybe the right formula? No debt . Link to comment Share on other sites More sharing options...
Monkeh Posted April 1, 2016 Report Share Posted April 1, 2016 2 hours ago, GrahamC said: Interesting to see the contrast in accounts published by two Lancashire rivals today. Blackburn, following on from Bolton have admitted that their debt has risen from £79m to over £100m, which explains why they were so desperate to sell Jordan Rhodes in January. On the other hand Burnley have just announced a trading profit of £30.1m for the year, a figure that doesn't even include the outcome of the Danny Ings tribunal following his move to Liverpool, which will probably net them another £7m or so. What a fantastically run club they are, top of the league, debt free and managing their resources far, far better than so many others in our league. 2 clubs who paracute payments ran out and thought they'd go back up quickly one club who didn't spend much while in the prem kept the team together and didn't panic when they went down, Burnley Board and Dyche have done a very good job and are a credit Link to comment Share on other sites More sharing options...
BobBobSuperBob Posted April 1, 2016 Report Share Posted April 1, 2016 2 hours ago, Jack Dawe said: But they didn't have parachute payments in 2009. Or Sean Dyche. And still up they went. I think this is Graham's point, they are very well run and have been for some time. Or it's just coincidence and outrageous luck. Refused to spend silly money to try and stay up - Spent it on fantastic new training complex - reinvested in the future and kept enough to make them very competitive in Champ How sensible Link to comment Share on other sites More sharing options...
BCFC_Dan Posted April 1, 2016 Report Share Posted April 1, 2016 It's not entirely fair to contrast Burnley with Bolton and Blackburn. They have their geographical location in common and they all have long and proud histories, but their recent stories have been different. Both Blackburn and Bolton were members of the Premier League for quite a long time and Blackburn are previous winners of it. They have expectations that Burnley do not and they have the overheads that come from being set up to run at that level which Burnley do not. This is not to defend Bolton or Blackburn against criticism. Both have been run quite terribly failing both to do enough to stay in the Premier League and to cut their cloth accordingly when relegated. Burnley, by contrast, have done exactly the right things for a club in their position. However it is not as simple as saying Burnley are smart and Bolton and Blackburn are stupid. They've faced completely different challenges and in many ways Burnley's has been easier. The challenge for them is to turn themselves into a sustainable Premier League club and to avoid the fate of their neighbours. That's the tricky part. Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 11 minutes ago, BCFC_Dan said: It's not entirely fair to contrast Burnley with Bolton and Blackburn. They have their geographical location in common and they all have long and proud histories, but their recent stories have been different. Both Blackburn and Bolton were members of the Premier League for quite a long time and Blackburn are previous winners of it. They have expectations that Burnley do not and they have the overheads that come from being set up to run at that level which Burnley do not. This is not to defend Bolton or Blackburn against criticism. Both have been run quite terribly failing both to do enough to stay in the Premier League and to cut their cloth accordingly when relegated. Burnley, by contrast, have done exactly the right things for a club in their position. However it is not as simple as saying Burnley are smart and Bolton and Blackburn are stupid. They've faced completely different challenges and in many ways Burnley's has been easier. The challenge for them is to turn themselves into a sustainable Premier League club and to avoid the fate of their neighbours. That's the tricky part. Fair points, some context there. Where you say "Burnley...have done exactly the right things for a club in their position" caught my eye. A great point. Maybe that's why SL has referenced Burnley as a "model" for us now, and possibly the point the OP is making. Burnley's prudent, pragmatic, steady approach is the way forward for us, and if we don't make eye-catching, lavish marquee signings, it doesn't automatically mean SL is not "serious" about going for promotion, as is sometimes suggested by some on here. It won't be easy, though, trying to do a "Burnley." Link to comment Share on other sites More sharing options...
'Orns Posted April 1, 2016 Report Share Posted April 1, 2016 Burnley are the next West Brom for me, yo yo for a couple of seasons, make some money, invest wisely then get there and stay there Stoke too, all well run clubs Plenty of clubs have gone up without spending too much and played the long game, good luck to them Link to comment Share on other sites More sharing options...
Sydneybcfc Posted April 1, 2016 Report Share Posted April 1, 2016 These was another very well run premier league club, went up and spent the money on finishing the stadium. Gave it a real go and had a quality player called Charlie Adams. Look how that has ended up. OK maybe that's not quite the same as Burnley but it's certainly an interesting scenario. The prem is the land of dreams, they pay you 100mill to there. The downside is its not hard to spend that and suddenly your income drops to what 16mill? There is a huge difference between the championship and earning a pittance and losing say 2mill a season or whatever is allowed and getting relegated from the prem and sunddely the difference in income and expenditure is more like 50mill. If you don't go straight back up its not surprising socmany teams get into trouble. Link to comment Share on other sites More sharing options...
The Gasbuster Posted April 1, 2016 Report Share Posted April 1, 2016 44 minutes ago, BCFC_Dan said: It's not entirely fair to contrast Burnley with Bolton and Blackburn. They have their geographical location in common and they all have long and proud histories, but their recent stories have been different. Both Blackburn and Bolton were members of the Premier League for quite a long time and Blackburn are previous winners of it. They have expectations that Burnley do not and they have the overheads that come from being set up to run at that level which Burnley do not. This is not to defend Bolton or Blackburn against criticism. Both have been run quite terribly failing both to do enough to stay in the Premier League and to cut their cloth accordingly when relegated. Burnley, by contrast, have done exactly the right things for a club in their position. However it is not as simple as saying Burnley are smart and Bolton and Blackburn are stupid. They've faced completely different challenges and in many ways Burnley's has been easier. The challenge for them is to turn themselves into a sustainable Premier League club and to avoid the fate of their neighbours. That's the tricky part. Some good points there. Blackburn must be a huge concern. Only 20 years ago they were being bankrolled by Jack Walker, who pumped in tens of millions of his own money. Now look at them, £100M in debt, and without a sugar daddy. Walker must be turning in his grave; it was his family, I believe, who sold the club to those idiot chicken farmers ? Link to comment Share on other sites More sharing options...
Robbored Posted April 1, 2016 Report Share Posted April 1, 2016 3 hours ago, GrahamC said: So do Bolton and Blackburn... They do....but they don't have Sean Dyche managing them Link to comment Share on other sites More sharing options...
Davefevs Posted April 1, 2016 Report Share Posted April 1, 2016 I think Burnley is all down to the platform built between 2004-07. [runs for cover] Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 27 minutes ago, Robbored said: They do....but they don't have Sean Dyche managing them Nor did Burnley. Before Burnley got Sean Dyche. And they still got to the Prem. On small crowds. Without parachute payments. Or Sean Dyche. Link to comment Share on other sites More sharing options...
JamesBCFC Posted April 1, 2016 Report Share Posted April 1, 2016 13 minutes ago, Jack Dawe said: Nor did Burnley. Before Burnley got Sean Dyche. And they still got to the Prem. On small crowds. Without parachute payments. Or Sean Dyche. But they were in debt before the last promotion Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 1 minute ago, City169 said: But they were in debt before the last promotion Even better achievement then. Shows what can be done. Even if you haven't got Sean Dyche Link to comment Share on other sites More sharing options...
BCFC_Dan Posted April 1, 2016 Report Share Posted April 1, 2016 14 minutes ago, Jack Dawe said: Nor did Burnley. Before Burnley got Sean Dyche. And they still got to the Prem. On small crowds. Without parachute payments. Or Sean Dyche. Indeed. They got promoted with Owen Coyle, who was then poached by Bolton and proceeded to relegate them. Some clubs make success easier than others. Link to comment Share on other sites More sharing options...
JamesBCFC Posted April 1, 2016 Report Share Posted April 1, 2016 3 minutes ago, Jack Dawe said: Even better achievement then. Shows what can be done. Even if you haven't got Sean Dyche Takes away from it surely, they had been badly run/overspent to be in debt. So if they overspent going for promotion then they simply met the target, not overachieved. Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 4 minutes ago, BCFC_Dan said: Indeed. They got promoted with Owen Coyle, who was then poached by Bolton and proceeded to relegate them. Some clubs make success easier than others. And only one of them ever has Sean Dyche at any one time. When we had Sean Dyche, we were relegated. Says it all really... Link to comment Share on other sites More sharing options...
BCFC_Dan Posted April 1, 2016 Report Share Posted April 1, 2016 2 minutes ago, Jack Dawe said: And only one of them ever has Sean Dyche at any one time. When we had Sean Dyche, we were relegated. Says it all really... And promoted, which is all he's done with Burnley so far. Maybe we should have kept him on a bit longer. Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 5 minutes ago, City169 said: Takes away from it surely, they had been badly run/overspent to be in debt. So if they overspent going for promotion then they simply met the target, not overachieved. Depends, I suppose. They sustained second tier football on crowds of 11k to 16k, from 2001 to 2009 when they were promoted. More than we could achieve, with overspending. Running a debt in football isn't unheard of Link to comment Share on other sites More sharing options...
Jack Dawe Posted April 1, 2016 Report Share Posted April 1, 2016 4 minutes ago, BCFC_Dan said: And promoted, which is all he's done with Burnley so far. Maybe we should have kept him on a bit longer. That was a joke! Link to comment Share on other sites More sharing options...
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