Burnley Football Club News
Welcome to the Mike Garlick Burnley FC News fan blog page. America has further expanded its footprints in UK’s Premier League with the recent takeover of the English association football club Burnley F.C. by Velocity Sports Partners, the sports investment arm of US management firm ALK Capital.
The Burnley deal adds to a slate of American-based majority ownership for fellow Premier League clubs Arsenal F.C., Crystal Palace F.C, Fulham F.C., Liverpool F.C., and Manchester United F.C.
The completion of the deal follows prior reports in September that Pace and ALK Capital were in advanced talks to acquire Burnley following a failed attempt to buy Sheffield United. ALK Capital had previously invested last year in London-based sports technology businesses AiScout and Player Lens.
Wall Street expert Alan Pace – who is ALK Capital’s Managing Partner – is now the Burnley Club Chairman, succeeding Burnley’s outgoing Chairman and Director, Mike Garlick.
Pace remarked, “Today marks a new era for Burnley as we become stewards of this historic football club and build on the impressive work that Mike Garlick, [Manager] Sean Dyche, and everyone at Burnley has done to make it a financially stable, established Premier League club that is a cornerstone of the local community.”
Garlick and former shareholder John Banaszkiewicz will remain on the reconstituted Burnley Board of Directors.
Continue to follow this page for latest updates on the Mike Garlick Burnley Football Club news. Read more about the recent Burnley take over here. Follow Mike Garlick Burnley here. Check out the Mike Garlick Sean Dyche updates here.
