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ALK Capital complete £200m Burnley takeover ALK Capital have completed their takeover of Burnley | Pool/Getty Images American investment company ALK Capital have finally completed their takeover of Burnley in a deal which is thought to be worth close to £200m. Talks over a potential takeover had been ongoing for over 14 months, but the COVID-19 outbreak forced both sides to slow down their negotiations while they monitored the financial impact of the situation. American company ALK Capital has completed its takeover of Burnley, acquiring a controlling 84 per cent stake in the Premier League...

New chairman Alan Pace said the new owners were "fully prepared" to back manager Sean Dyche. The deal was completed after being approved by the Premier League and comes on the eve of the January transfer window. Image: The club won the league title in 1960 Burnley currently stand 16th in the league, five points clear of the relegation zone, after a 1-0 win over bottom club Sheffield United on Tuesday evening. The Lancashire club is the latest to come under American ownership following Manchester United, Liverpool, Arsenal, Crystal Palace and Fulham. ...

Channels Television   Updated December 31, 2020 Burnley’s Dutch defender Erik Pieters challenges Sheffield United’s English defender George Baldock during the English Premier League football match between Burnley and Sheffield United at Turf Moor in Burnley, north west England on December 29, 2020. Barrington Coombs / POOL / AFP   US investment group ALK Capital has completed its takeover of Burnley, acquiring a controlling 84 percent stake in the Premier League club, it was announced on Thursday. Delaware-based ALK, which specialises in investments in the sport and media sectors, said ...

Burnley announce takeover by ALK Capital 31 Dec 2020 Related Articles Burnley have announced a club takeover after Velocity Sports Partners (VSP), the sports investment arm of US management firm ALK Capital, secured a majority shareholding. VSP now have a controlling 84 per cent stake in the club, with the deal approved and ratified by the Premier League, and ALK's managing partner Alan Pace has become the new club chairman. Former shareholders Mike Garlick and John Banaszkiewicz are staying at Turf Moor as directors. Pace on Burnley takeover "Today marks a new era for Bu...

Vanguard News Tag: Premier League side Burnley US investment group ALK Capital has completed its takeover of Burnley, acquiring a controlling 84 percent stake in the Premier League club, it was announced on Thursday. Delaware-based ALK, which specialises in investments in the sport and media sectors, said its managing partner Alan Pace would take over from Mike Garlick as chairman. Pace, the