Updated December 31st, 2020 at 07:38 IST
Premier League club Burnley taken over by American investors
Burnley is the latest Premier League club to become owned by Americans
| Image:self
Advertisement
Burnley is the latest Premier League club to become owned by Americans.
ALK Capital’s sports investment arm, Velocity Sports Partners, has bought an 84% stake in the northwest English club.
ALK managing partner Alan Pace will become chairman of the team, which is based just north of Manchester. He was previously CEO of Major League Soccer team Real Salt Lake.
American investors also own Arsenal, Crystal Palace, Fulham, Liverpool and Manchester United.
Image credits: AP
Advertisement
Published December 31st, 2020 at 07:38 IST
Your Voice. Now Direct.
Send us your views, we’ll publish them. This section is moderated.