Premier League: American company ALK Capital acquires 84% of Burnley FC

News Tank Football - Paris - News #204142 - Published on 05/01/21 at 10:43
©  Burnley FC
Mike Smith, Alan Pace and Stuart Hunt (ALK Capital) - ©  Burnley FC

Velocity Sports Partners, the sports investment arm of US-based ALK Capital, has acquired an 84% majority stake in Burnley FC (Premier League), announced the club on 31/12/2020. The transaction was valued at around £168m (€186m) according to English media.

British-American Alan Pace, former CEO of the Real Salt Lake (MLS) franchise and managing...

©  Burnley FC
Mike Smith, Alan Pace and Stuart Hunt (ALK Capital) - ©  Burnley FC

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