- Buyout of club’s two major shareholders near completion
- Sean Dyche waits to see if deal will lead to transfer boost
The US finance group ALK Capital is expected to complete its takeover of Burnley imminently in a buyout of the club’s two major shareholders which will give the company a near 90% holding.
Richard Garlick, the Burnley chairman, has a 49% share, and the former co-chairman and now director John Banaszkiewicz 28%, with the sale of each of these understood to be close to completion.