ALK Capital on track to complete Burnley takeover on Thursday

Football
30 Dec 2020 • 10:04 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

ALK Capital could complete their takeover of Burnley on Thursday.

PA Sport says 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 is still required from the Premier League before an announcement can be made but it is understood that the majority of the application has already been reviewed and no problems are anticipated.

Mike Garlick, the long-standing Burnley chairman and owner of just under 50 per cent of the club's shares, is set to stay on in a yet-to-be-confirmed role behind the 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.