Burnley’s American takeover set to be finalised

Burnley’s American takeover set to finalised

ALK Capital could take control at Turf Moor in the next 24 hours. Burnley’s takeover by American investors ALK Capital is set to finalised and could complete as early as Thursday, the PA news agency understands.

ALK’s managing partner Alan Pace is in Lancashire putting the finishing touches to a deal. That would see the Delaware-based group assume control of the Clarets.

Final approval still required from the Premier League before an announcement can made. But it understood that the majority of the application has already reviewed and no problems anticipated.

Burnley chairman Mike Garlick is likely to be handed a new role at the club.
Burnley chairman Mike Garlick is likely to handed a new role at the club (Nick Potts/PA)

Mike Garlick, the long-standing Burnley chairman and owner of just under 50 per cent of the club’s shares. Set to stay on in a yet-to confirmed role behind scenes. With Pace eager to oversee a smooth transition rather than a radical revamp at Turf Moor.

As such, ALK’s next priority is a sit down with manager Sean Dyche, who can expect fresh support in the January transfer window.

Dyche insisted after Tuesday night’s victory over Sheffield United that he had no knowledge of the deal but moves are already under way by the new ownership to bring him up to speed on their future plans for Burnley.

Cont.

Of the 13 players Dyche used against the Blades, only Dutchman Erik Pieters hails from outside the United Kingdom or Republic of Ireland, and one result of the change in ownership could be an expansion of the club’s scouting and transfer network.

Clarets boss Sean Dyche can expect new options in the transfer department.
Clarets boss Sean Dyche can expect new options in the transfer department (Alex Pantling/PA)

Back in August ALK invested in two London-based football technology firms – AiScout and Player LENS. Both companies involved in data analytics and predictive assessment of players.

Speaking at the time Pace, former CEO of Real Salt Lake in Major League Soccer, said: “The Covid-19 pandemic has accelerated professional football’s need to embrace new technology and digital solutions, particularly in areas like scouting and recruitment, which have previously relied on human manpower and traditional forms of communication and negotiation.”

Commenting on Tuesday night on the likelihood of adding to his injury-reduced squad in the coming weeks, Dyche offered a cautious take.

Cont…

“If there are things in the market we think we can align, we will. If there’s not we’ll keep operating with the group we’ve got,” he said.

And then “If you’ve got money available to spend you can only spend it on the players that are available, If they are the right players, you do it, If they’re not the right players I’ve never seen the point of it… just stay with what you’ve got.”

Burnley’s American takeover set to finalised

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