Burnley FC
ALK Capital (Velocity Sports Partners) acquisition · 31 Dec 2020
- Seller
- Longshot Investors / previous Burnley FC Holdings shareholders
- Stake acquired
- 84%
- Control
- Yes
- Reported consideration
- ~€189m
- Implied equity value
- —
- League
- Premier League
- Country
- England
- Confidence
- MEDIUM
ALK Capital (Velocity Sports Partners) acquired a 84% majority stake in Burnley FC from Longshot Investors / previous Burnley FC Holdings shareholders, announced 31 Dec 2020.
Reported consideration was ~€189m.
Nearest pre-acquisition revenue was €149m (FY 2019/20).
- Announced
- 31 Dec 2020
- Closed
- 31 Dec 2020
- Stake after transaction
- 84%
- Status
- completed
Reported consideration
What the buyer reportedly paid for the stake
Implied 100% equity value
Calculated: consideration ÷ stake acquired
Reported club valuation
Enterprise value
Only shown when debt/cash near the transaction date is established
Debt assumed / restructured
Primary capital injection
Total announced investment commitment
Commitments are not purchase price and not valuation
Nearest pre-acquisition financial year: 2019/20
Revenue
Wages
EBITDA
Net debt
Net income
The completion of ALK Capital's takeover on 31 December 2020, Alan Pace's role as Chairman, and the 84% stake are consistently reported across the club's own statement and multiple media outlets, though we could not re-verify the club's own page live (404 on refetch) or find a Premier League statement text specifically confirming the 84% figure, so stake_acquired_percent is REPORTED rather than CONFIRMED.
- Burnley FC official site: ALK Capital Completes Club Takeover ↗Tier 1 · primary company
2020-12-31 — “"On New Year's Eve 2020, ALK Capital completed their takeover of the Club"; confirms Alan Pace as Chairman and ALK Capital's ownership via Velocity Sports Partners. Direct fetch returned 404 on a follow-up attempt; content taken from search-indexed cache of the same official page.”
2020-12-31 — “Confirms completion of ALK Capital's takeover and Alan Pace's role as new owner/chairman; content taken from search-indexed excerpt.”
2020-12-31 — “Reports ALK Capital's purchase of an 84% controlling stake for around £170 million; content taken from search-indexed excerpt.”
2020-12-31 — “Confirms Alan Pace-led ALK Capital completion of the Burnley takeover and reported ~£170m deal value; content taken from search-indexed excerpt.”
- Fortune: Burnley, ALK Capital, private equity and the Premier League leveraged buyout ↗Tier 3 · media
2021-02-06 — “Describes the deal as funded partly by borrowing £37m from the club's own bank account and a £65m loan from MSD Holdings, raising questions about how much of the reported £170m was genuine new external capital vs. leverage secured on the target; content taken from search-indexed excerpt.”
- Football Economy (blog): Sound finances at Burnley (2019/20 accounts review, attributed to The Swiss Ramble) ↗Tier 5 · specialist media
2021-04-01 — “"Revenue fell £4m (3%) from £138m to £134m and expenses increased £9m, though profit on player sales rose £8m to £15m"; also notes Burnley were debt-free with £81m net funds before the takeover.”