"A WAKE UP IS CALL COMING!" Simon Jordan's fascinating insight into Burnley's American takeover
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- Опубліковано 6 жов 2024
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Simon Jordan is far and away the most astute pundit going. He knows football and economics. His experience at both ends gives him an authorative insight on ALL footballing matters. On top of that he articulates his view point better than most.
Brilliant from Simon Jordan. Would love him to start a podcast where he divulges behind the scenes football business and personal anecdotes from his own experience.
That would be brilliant. Giving insight from personal experience.
Same even though he is a nob sometimes to love listening to him.
Personal experience is key to life !
He's brilliant to listen to.
Try his autobiography.
I enjoyed how it was explained so simply but without making anyone feel like an idiot. Good stuff to be fair to Simon Jordan.
I love Simon Jordan, talks sense, intelligence personified, can’t get enough of him
Talks shit. He believes his own press that one. All he does slag people off.
@@stuart12361 haha...... what club did you own?
@@pingu8666 says these fancy words people think he is good. He absolutely moron.
@@stuart12361 what fancy words?
@@pingu8666 he always says audacity. Has go at managers. Absolute prick. Only arrogant people like him.
Wasn’t a big fan of Simon jordon as an arsenal fan after the Robbie interview but actually after watching a few of these videos I’ve gone to the dark side and have become a fan of him, he has great knowledge that most football fans don’t ever hear and speaks a lot of sense when he talks, I’m liking these talk sport chats
Say what you want about Simon Jordan, here he knows what he is talking about.
Yea should just stay away from fan channel debates
I could listen to Simon Jordan all day. A very "in the know" guy who speaks a lot of sense. He always explains things both ways also
This is so well explained!
Exactly this could go horribly for Burnley football club. I would feel really worried if I was a Burnley fan.
Love listening to Simon !!!
@Jamie McCarthy I would
Great insight from Simon.Don’t always like his views but respect his knowledge👏🏻
This is proving to be true, especially with the dismissal of Dyche today. Murky waters for Burnley ahead
its mufc all over again ,,,, if i were a Burnley fan id be worried.
How is it mufc all over again?
Utd generates hell of alot more income than Burnley..
@@madmurdoch6564 i think he is making reference to the debt, which United is still carrying.
@@dwaynethompson9982 utd are a much bigger asset though so the debt is very small compared to others..
Simon already explained the difference. Listen to the hole thing or clean yiur ears out 😂
Club bought with own money.
American owners using the club like a cash cow.
Interest payments on the debt will need to be paid before any transfers ... need I say more the only difference I see is Utd make a hell of a lot more money so they can sustain it but Burnley with all due respect are closer to the wrong end of the table and possible relegation especially if they loose Dyche not to mention no European football,,,, it’s not a dig it’s just speaking from experience and as for what Simon said he is speculating about a lot of it he doesn’t have all the facts so listen or clean your ears out!
As a Leeds fan I see the problems here from a mile off.
It's only recently that Burnley have come back to the top flight of English football.
Do you reckon they can be liquidated within the next 12 - 15 years?
@@the_one_the_only4651
Next 5-6 years
The business of football is disgusting. This should be against the rules.
When you float your club on the market, this is the risk you take. This is not football business, this is stock market business.
@@benjibradshaw69 yup, personally I hate it. Over the last two decades I've given up going, stopped watching and almost given up caring. If I wanted to watch money I'd play monopoly.
This is basically what Property Developers do on Buy to Flip houses. A football club is just a bigger asset.
@@buster560 yup, and if houses had legions of fans emotionally invested in them, people would probably have a similar reaction.
K
This has got all the hallmarks of Burnley becoming another Bolton. They were great with big Sam, players like okocha, djorkaef, Campo... then Sam left, players retired and Bolton nearly go bust and almost folded
American owners want no relegation and mid week European super league. Once they own most of the clubs wait and see.
I thought this type of takeover was not allowed after what happened with the Glazer takeover
It's allowed. Most clubs are bought with borrowed money. Unless your abramavic or mansour
@@jimipurple123 Wolves takeover, Everton, takeover, Leicester, Villa were not like this. As Jordan says its American modus operandi were they put debt on the club
@@jimipurple123 I don’t believe FSG bought Liverpool on borrowed money
@@george-ynwa5297 I think they bought the club when it was almost going bankrupt so i'd assume they bought it for a cheap price and due to the success have tripped it's value.
Leicester's owners cleared the clubs debts!
As a Palace fan I can see why Jordan is Marmite because of his opinions and outspoken attitude. 1 thing for sure is he knows what he's talking about in football business terms even if he didn't get it right every time.
We lost Tim Cahill to Everton because Jordan wouldn't pay the agents fees. He told the agent to get his fee from Cahill because the agent had approached the club, not the other way around...in effect the agent was brokering the deal on behalf of the player not due to an approach from CPFC
Cahill scored around 11 goals for Everton that season and Palace went down on goal difference...hindsight being what it is maybe he now wishes that a different decision had been made but somehow I doubt it.
On balance I think he made the right decision but still wish he had been swayed to pay the fee
Great explanation and analysis by Simon.
As a Leeds fan you can see the problems of loading a club up with debt. Risdale did it with Leeds at the top of the table with the prospect of European football on a regular basis. Burnley don't have that luxury they are a mid to bottom of the table club. The previous owners recognised the limitation of what the club could achieve and managed the club accordingly. The Blackburn owners got a very nasty shock when they discovered that relegation was a reality and they have not been able to get back since. As Simon Jordon said these Americans have come in thinking that English football can be like a MLS franchise where you limit the competition by limiting the number of people who can own clubs and then corner the market. That is not going to happen in the English game and somewhere down the line some American investor is going to get a very nasty shock.
Not a fan of Simon Jordan’s punditry but he is completely spot on here.
NSWE are 1 of the best owners in English football, they have ran Villa brilliantly since they took over that club.
It's awful. I thought these types of purchases were banned in English football because it puts the club's future in jeopardy.
I am a Burnley fan
Simon Jordan is the behind the scenes voice we all needed in football, eloquent and straight to the point too.
Dyche will be bouncing a night club a season after the Yanks buy Burnley
Brilliant coming back to this two years down the line
Brixton? This guy clearly doesn't know anything about London house prices.
@Jamie McCarthy obviously not
@Jamie McCarthy pretty much , depends what part of Brixton but yeah he is right
Brilliantly explained, be fearful Burnley
He is stating everything I said months ago and the proof is this summer transfer dealings. As our rivals buy the players we are interested in for next to nothing, we still haven't purchased a player for the 1st team. The share owners have bankrupted the club with their greed and tell us they are Burnley fans. There won't be a club to support in a few years and the dark days are coming again for us. Yanks go home, take your debts with you and give us our club back.
He’s bang on yet again. Said it myself. If Dyche leaves they’re in serious do do. Relegation (which isn’t beyond the realms of possibility for a club like Burnley) could finish them.
I just look at these type of deals (not just Burnley‘s) and think what do a bunch of Americans know or care about Burnley? It’s a get rich scheme for them. Nothing more. Nothing less. That will be done at the expense of the club. Burnley are a great historic and traditional English club. However, they don’t have the mass appeal or marketability of a club like United, Liverpool, Chelsea or City etc. Let’s be honest, these owners aren’t going to grow the club stateside or in the Far East. I struggle to see what Burnley gain from this sale. If I was a Burnley fan, I’d be seriously worried about the long term health of my football club.
Jordan ...Bang on the money 💰 The Fans didn't want the inevitable outcome. Well done Simon.
And they mock Rovers because we have an owner that continues to support the club. Yes they made some terrible decisions, but they continue to support and finance irrespective of any financial benefit. When Burnley is relegated it all ends! It is a car crash waiting to happen. The value overnight will drop like a stone as income stalls. If they do not get back up before parachute payments end, then it is game over and Burnley becomes Bury. A fitting end perhaps.
Venkys been very loyal to the cause..we're gonna have are trousers pulled down!
Simon's take has aged well
Tbf he has a point but Pace has said if you knew the deal you would say as a Burnley fan well done and the £60 million they borrowed is off a parent company so although we are guarded hes moving into the area and in it for the long term so i think its definitely an improvement on having Garlic as chairman but im unhappy thats he still been allowed on the board hopefully its only until he gets his 40 pieces of silver
Soon as I heard American owners I very fear for Burnley.
Look at Blackburn. Bolton. Wigan. Blackpool. All suffered from financial mismanagement. All Lancs clubs.
Thats right elaine...and burnley are a better run club than all of them put together....sean dyche is the manager by the way ...and we dont fear relegation , we are burnley!
Simon Jordan talks too much sense
remember gillete and hicks at liverpool
Like or dislike him Simon Jordon talks a lot of sense
Christ he’s been in the job for 2 months give the guy a break!
Don't be so naive, we are now deep in debt with a no good future unless Pace gets his mates to invest in us. One thing he got wrong was that Garlick and co were entitled to become billionaires sat the expense of the football club they claim to support, they weren't they've sold as down the river. Now we really do need a rich benefactor to get rid of Pace and ALK as soon as possible, otherwise it's a painful f
Football is going down a bad path it’s all about money now and its only going to get worse.
Shareholders only care about the short term returns on a small investment. It could put the club into serious jeopardy in the long run, but it's a chance they are willing to take.
There should be more checks and balances involved in buying up clubs.
I could listen to simon jordan all day
I hope the owners realise that 1/2 the Premier League clubs are really just visiting.
6 - Arsenal, Chelsea, Everton, Liverpool, Utd and Spurs have played every season
City might as well be added to that group now as they aren't going down under their owners
3 Aston Villa, Newcastle and West Ham have missed a few seasons, with 1 or 2 relegations
That's 10 clubs.
Of the other 10 only Southampton 22/29 have played in more than 2/3s of the Premier League seasons, and only Blackburn 18/29, Sunderland 16/29, and Leicester, Middlesbrough and Fulham 15/29 over half.
Bolton and Wimbledon have played as many Premier League seasons than Burnley. Clubs need their income invested in the team to keep up with other teams.
Like him or loathe him but Simon really makes Football Finance very understandable. With Burnley being relegated the fears he had about how Burnley were purchased look to be a reality
Burnley mr not Michelle Simon and talk shite
Well said Mr Jordan!
I love it when once in a while Simon talks utter brilliance. Just gotta sieve through a lot of BS to get to it but we'll worth it when you do.
🤣🤣👍🏿👍🏿
Or even, “A wakeup call is coming”, as we say here in England.
Simon Jordan absolute breath of fresh air , he gets it and puts it in understandable words to joe public very good radio and pundit someone i will take time to listen to rather than the bland stocking filling other pundits
This is similar to the glazer model
Not really compared to what utd generates..
@@madmurdoch6564 agreed but the glazers take money out of man united. They're cowboys
Bye bye Burnley, peace out kid.
He’s absolutely spot on
English teams should be English owned pure n simple
Simon Jordan, the Piers Morgan of the sporting world. Sometimes gets it wrong, but most of the time tells you what you don't want to hear.
"The Debt Extinguish by the Value" thats a good point tbh but swear now with covid a lot of prem clubs are in debt
Even pre COVID a lot of prem clubs were operating in debt
@@megaskyburst tbh that would make the clubs slightly cheaper to buy now maybe
English football fans get screwed and the FA , the so called custodians of the game just ride the gravy train .
Well said Simon. But the reality is few of the top clubs are owned by people who love the club. The owners of most the top clubs are in it for the profit. The best fans can really hope for is that it is about the owner's ego. Even then fans have to hope such owners continue to pump their own money in. The big clubs tend to survive, and eventually get back (ie Leeds), but we have lost too many clubs over the years, Bury, Chester, Darlington, Macclesfield, Rushden. This picture is even worse with non-league football where the grounds are worth more than the club, so gets sold for profit.
Feel for burnley fans, like others have said should be something to prevent this, really glad the club I support Blackpool was bought by a supporter from the town
Certainly an eye opener . Dyche deserves to be looked after. Dodgy things these take overs. I think we are lucky down the villa with ours, fingers crossed.
Should never be allowed to happen Burnley are going under
Another ownership who'll be backing big picture nonsense hoping to stop relegation. Another shady deal hope they get what they deserve (owners). As a luton fan we've been to the conference and back done that and if I were a Burnley fan I'd be very worried
Sean dyche will be gargling nails listening to this
So a normal morning for Sean Dyche then?
Simon's assessment only took 1 season to become BFC's reality😬
There is something wrong about that title.
If you haven’t got the money, you can’t buy it, simple!
Burnley aren't getting relegated.
Simon is there to provide the insight and interesting analysis. Jim is there to spin the headline. I know which I prefer...
Simon Jordan is class
A wake up call is coming soon*
Absolutely agree, I love in Burnley and im Burnley fan. I heard about the deal and thought this is ridiculous. I also think Garlick, for everything he has done for us has sold us short by selling the club like this.
Things are looking close and we may go down....if we don't I don't see the new owners buying many players just selling the likes of Dwight McNeil, Tarks ect...watch this spacr
not after 0-4 win against wolves 💪🏼
There is nothing wrong with leveraged buyouts they just get bad press, it means economic sense especially in low interest environments (basically free money). Not going to buy a house outright are you when you can get an x% return on capital in some other investment and interest rates are so low. They have probably got a really great deal as burnley cash flows will probably far exceed the interest rate theyll be getting for the first few years
You need to correct the title...
Talks so much sense Jordan.
Somebody made a call about rather going to see non league local games than top flight with VAR.There’s a lot to be said about money killing the game.sports science and grand scale corporate meddling will cause the beautiful game to implode.A lot to be said for going to watch a game and having a pint all for £10.Back to basics
Well done Simon telling the people how it is , unlike the others
Love it Simon and the rest of the fools on talk sport love mr not michelle
Simon Jordan is brilliant!!
This is basically what happened to Man Utd
Manchester United are a perfect example ... Football itself is no longer the priority, it's not about the game at all, it's not about how the game is played, it's not about winning trophies... It's all about money! ... The club has been lost to big business ...
Only just seeing this... Burnley fans, you need to be making the same noise the super League fans did
McNeil will be sold soon 🤔😂
He's a decent player
@@LoftusBlake that's what I'm saying.hes their best player
football will eat itself
I agree with the Sean Diche part though
Oh dear Burnley
I completely agree with Simon and Burnley was in No Debt at all.. worked hard to get back the stand and grounds for some Yankee to come along and take the hard earned club money.🤷♂️ FA d see should be ashamed with themselves and the heritage that these clubs have are being played with and potentially being destroyed by GREED!!!!!
Simon "Let me say the word Ultimately, 10 times too much per half an hour" Jordan!!
Excellent Simon; in everyday American lingo it is 'a flip'. One pokes his nose into an asset speculatively for its future earnings and appreciation in value and of course they rarely use their own money.
Really like this video and how he explains it all, but there was 1 thing that he did get wrong, sean dyche is the second coming mate
People that can turn simple fried chicken and brewed coffee into international corporations and you think they are not aware of all those your concerns. Americans have some uncanny business acumen so worry about burnley and not the Americans because they alway have an exit strategy.
It’s sad seeing these type of deals American owners are nothing but drains to English football FA should of stopped this deal Pathetic!
Big up Robbie at AFTV
Talking from who relegated his own club as a director.
Yet the Newcastle deal was squashed. Hmmmmm
Because Newcastle could actually dislodge the big 6, back handers put a stop to that
It’s ridiculous how all the premier league clubs have owners from either US, East Asian, Russian or Arab owners. This is why we’ve lost the passion and connection between the clubs and the fans these owners are using OUR clubs as cash cows to fund their own political agendas or corrupt ideologies. I’m not saying they’re all bad owners but the disconnect between the clubs and fans is only going to grow further if this continues.
Yes because Mike Ashley’s not fit this bill!
I mean Leicester loves their owners and there from Thailand
@@magicjack4076 that’s why I said they’re not all bad owners
No one stopping British owners/consortiums from buying the club.
Simon is spot on. Fans want Thier cake and eat it. On one hand you want more games bigger games more players bigger grounds etc etc. But we wanna pretend it's not a business that means we can do that.
poor burnley there been bought by no gooders ..where is the f.a they let owners like this in but not the saudi with money ...i fear for burnley now i have heard this..
How does one investor of group pay 10-20% of the value of a club then get funding for the other % Surely that would raise alarm bells and red flags. I know its of course hard to just purchase a club like city did but still using Burnley own money to purchase burnley im confused af
They have borrowed of an investment company , added it to Burnley's bank balance of 90 million and bought the club, paying off the owners with in part the club transfer fund. Now the club has little cash .no money through the gates etc. Just TV money. The new owners now have pay the loan off in stages. So to fund any transfers they have to sell or borrow more money. It's a recipe for disaster. If they default on the original loan they will have to re mortgage or sell the club in part of whole.
@@elainekerslake6865 thats mad irresponsible someone in that type of position can do that
@@clipped6963 it's not such a risk if TV money stays stable although clubs now have to repay millions next year due to the virus. Burnley get about 130 million a year from TV and their staff costs are about the same. They need gate receipts and sales to build up their bank balances as all clubs do. The directors still remain at the club and if the new syndicate don't come through with the promised finances then they take BACK the club. An interesting future is promised.