Breaking news from each site is brought to you automatically and continuously 24/7, within around 10 minutes of publication. Burnley Takeover. Burnley are the latest Premier League team being eyed for a possible takeover, with a number of American and Middle-Eastern investors seeing significant potential in … Burnley set for £200m takeover by Egyptian businessman Mohamed El Kashashy. As quoted by sports publication Mirror, Burnley are set to be sold to an Egyptian businessman named Mohamed El Kashashy. ... Burnley FC ePremier League Club Play-Offs 2021. It is being said that Burnley are close to a £200 million major takeover by an Egyptian food magnate, El Kashashy. — Burnley FC (@BurnleyOfficial) December 31, 2020 One of ALK’s first priorities is likely to be a meeting with Dyche, who can expect fresh financial support in the January transfer window. ALK Capital leading Burnley takeover race but almost replaced Sheffield United's Prince Abdullah. ... Burnley FC … — Burnley FC (@BurnleyOfficial) December 31, 2020 ... Mike Garlick in recent months and has not been allowed to meet with the new ownership during the final stages of the takeover. Burnley fans have been told sports lawyer Chris Farnell is the right man to take them forward in a proposed £200million takeover. Velocity Sports Partners (VSP), the sports investment arm of US management firm ALK Capital, acquired majority shareholding in the club on 30 December. American … Burnley FC takeover latest as Sean Dyche makes shocking Dwight McNeil admission There has been Premier League, FA Cup and Championship action today - but what about the upcoming transfer window? The takeover of Burnley FC represents a "natural progression" for the club, according to the Premier League outfit's outgoing chairman. Burnley: American investors hoping to complete takeover before January transfer window. ALK Capital, an American investment group has completed the takeover of English Premier League club, Burnley FC, taking 84 percent of shares. Sports lawyer profiled amid links with potential £200m Burnley FC takeover; According to his LinkedIn profile, El Kashashy is a “Strategic Private Equity Director” and is believed to have amassed his wealth as a food and leisure magnate in Egypt. El Kashashy and sports lawyer Chris Farnell have put pen to paper with Burnley following an agreement with club chairman Mike Garlick. Burnley head coach Sean Dyche has complained regarding the lack of clarity about the future of Premier League club Burnley FC amid reports that Egyptian businessman Mohamed El Kashashy will acquire the club. The takeover news comes as a sigh of relief for the Clarets’ fans who are languishing at the bottom of the table with just one point in six games played. Burnley boss Sean Dyche has admitted some clarity on the club’s takeover speculation would help ease the uncertainty hanging over Turf Moor. By Press Association 2021 A file photo of Burnley's Turf Moor stadium ... — Burnley FC (@BurnleyOfficial) December 31, 2020. The takeover was announced Thursday. UK-Egyptian consortium joins US group in targeting Burnley takeover This article is more than 2 months old Chris Farnell and Mohamed El Kashashy want £200m deal American management firm ALK Capital completed their £170m takeover … Burnley FC. For Burnley, the January transfer window could bring about significant change at Turf Moor, with new owners seemingly on the horizon. Burnley takeover: Consortium led by Mohamed El Kashashy and Chris Farnell ends talks. NewsNow aims to be the world's most accurate and comprehensive Burnley FC news aggregator, bringing you the latest Clarets headlines from the best Burnley sites and other key national and regional sports sources. According to the Daily Mail, a £200 million American takeover of the club could be sealed as early as next week, with Clarets staff being told to prepare for a change in ownership in the coming days. The … Egyptian businessman Mohamed El Kashashy has this week been reported to be in talks with the Clarets’ current owners over a £200 million (€222 million) buyout. BURNLEY fans are waking up on the final day of 2020 to the news the club is under new ownership.. ALK Capital’s takeover is complete with Alan Pace replacing Mike Garlick as chairman. Burnley set for blockbuster £200m takeover as new owner ban is overturned on appeal Burnley are on the verge of being taken over by a new owner. Burnley boss Dyche calls for clarity on takeover rumours - Two potential buyers? ALK Capital want to strengthen the Clarets’ squad after a poor start to the season Sports lawyer Chris Farnell and El … Sport. American investors ALK Capital have completed their takeover of Burnley, acquiring a controlling 84 per cent stake in the Premier League club. The consortium will look to see if there is appetite for a takeover from Clarets chairman Mike Garlic in the post-Covid-19 landscape of football. BURNLEY are reportedly set for a £200m takeover after Mike Garlick agreed to sell the club to Egyptian businessman Mohamed El Kashashy. The takeover cost £200m, just a fraction of what it would have cost to acquire a controlling stake in one of English football's big brands, but there is the potential to grow their worth, and eventually bank a huge return on investment if they sell the club years down the line. Burnley are the latest Premier League team being eyed for a possible takeover, with a number of American and Middle-Eastern investors seeing significant potential in the club. Burnley's takeover by American investors ALK Capital is set to be finalised and could be completed as early as Thursday.. ALK's managing partner Alan Pace is … Burnley takeover confident of completion by end of the week The takeover will be a significant boost to Sean Dyche’s hopes of strengthening his squad in the transfer window Burnley FC (@BurnleyOfficial) December 31, 2020 See more Pace, the former CEO of Major League Soccer’s Real Salt Lake, said the takeover – completed through ALK’s sports investment arm Velocity Sports Partners – marked “the start of an exciting journey for the entire Clarets family”. By James Copley. Sunday, 28th June 2020, 3:25 pm. It has been reported that Egyptian businessman El Kashashy, is set to take over Premier League side Burnley in a £200 million deal. Burnley’s American takeover finalised. Newcastle United fans have reacted with fury to the funding revelations behind Burnley's recent takeover. Burnley's US Takeover Spells Trouble, Club Faces Debt Estimated At £90m: Report Burnley's takeover has come under the scanner with Alan Pace using the club's financial resources to pay the outgoing shareholders, leading to a £90m debt. £200 Million pound takeover of Burnley Fc. American investors ALK Capital have completed their takeover of Burnley, acquiring a controlling 84 per cent stake in the Premier League club.. LONDON - Burnley are in talks with unspecified investors over a potential takeover, the Premier League club confirmed on Thursday. Formerly banned sports lawyer Chris Farnell and Egyptian businessman Mohamed El Kashashy launch £200 million Burnley takeover bid. 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. According to several reports, Burnley are a step away from finding a solution to their financial issues post-pandemic. BURNLEY FC Takeover By ALK Capital Due In 48 Hours after the deal is agreed in principle. 49ers Enterprise, the investment arm of the San Francisco 49ers NFL team, has said it is willing to increase the 10 per cent stake it acquired in Leeds in 2018. He has rejected takeover offers in recent weeks, but is willing to sell a minority stake in the club on the basis of a £270m - £300m valuation. Top tier clubs are eyeing deals. The report claims the businessman is willing to pay £200 million for the takeover. ... Egyptian businessman Mohamed El Kashashy is set to buy Burnley in an amazing £200m takeover. The Consortium will look to see if there is appetite for a from. Leading Burnley takeover race but almost replaced Sheffield United 's Prince Abdullah Kashashy set... Sheffield United 's Prince Abdullah is brought to you automatically and continuously 24/7, within 10. Calls for clarity on the club to Egyptian businessman El Kashashy for clarity on takeover rumours Two... 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