Sports
American Investors ALK Capital Takes Over Burnley FC
By Adedapo Adesanya
An American company, ALK Capital, has completed its takeover of Burnley Football Club of England, acquiring a controlling 84 per cent stake in the Premier League club.
The deal was completed after being approved by the Premier League and comes on the eve of the January transfer window, according to a statement released late on Thursday.
The Delaware-based ALK, which specialises in investments in the sport and media sectors, said its managing partner, Mr Alan Pace, would take over from Mr Mike Garlick as club’s chairman.
“Garlick, alongside former shareholder John Banaszkiewicz, will remain on ALK Capital’s new board of directors at Burnley, ensuring a smooth transition to new ownership and providing valuable knowledge from his eight-year tenure as club chairman,” the statement said.
“This successful period has seen two promotions to the Premier League, development of the Barnfield Training Centre, and European football at Turf Moor for the first time in more than half a century,” it added.
Mr Garlick, who had held just less than 50 per cent of the club’s shares, said the deal represented a “natural progression” for Burnley.
“In Alan Pace and his team, we are welcoming committed investors to Turf Moor who will be living here in the local community and investing in the club, both on and off the football pitch, for many years to come,” he said in the statement.
“My tenure as chairman has always been about ensuring Burnley is a sustainable football club, and this investment provides a long-term plan to maintain that philosophy, whilst driving evolution and innovation,” he noted.
On his part, Mr Pace noted, “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,” Pace said.
“With a rich heritage, a brilliant academy, and a passionate fan base, this club has solid foundations to build upon.”
He noted that one of ALK’s first priorities is likely to be a meeting with the Manager, who can expect fresh support in the January transfer window.
“We are very prepared to come in and support Sean and the management team.
“We need time to get in and understand what their needs are, what they have been planning for, what the decisions were which they have taken so far and where they are desiring to go to – but we are fully prepared to back the manager.
“What attracted us specifically to Burnley had a lot to do with the passion of the fans, the quality of the club and the way that it had been managed, the longevity of the coaching staff and the ability for us to see a path to growth.
“For us, we would not do anything that is not on a long-term basis – this is not a short ‘buy-to-flip’ opportunity,” he said.
Burnley are 16th in the Premier League table, five points above the relegation zone. Mr Dyche has been manager since 2012 and he has seen the Clarets enjoy their fifth straight season in the Premier League after promotion from the Championship in 2016.
Its takeover comes at a time when football clubs are struggling with reduced revenues as matches are played without fans due to COVID-19 restrictions. The club earlier this year reported a profit of £5m for the year to the end of June 2019.
In August, ALK invested in two London-based football technology firms – AiScout and Player LENS. Both companies are involved in data analytics and predictive assessment of players.
The Lancashire club is the latest to come under American ownership following Manchester United, Liverpool, Arsenal, Crystal Palace and Fulham.
Burnley were one of the founding members of the Football League in 1888 and won the English league title in 1921 and 1960.
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By Dipo Olowookere
Manchester United centre-back, Harry Maguire, has signed a new contract with the football club for an additional year.
He will remain at the Theatre of Dreams until June 2027, with the option for a further year, a statement from the Red Devil said.
“Representing Manchester United is the ultimate honour. It is a responsibility that makes me and my family proud every single day.
“I am delighted to extend my journey at this incredible club to at least eight seasons and continue to play in front of our special supporters to create more amazing moments together.
“You can feel the ambition and potential of this exciting squad. The determination throughout the whole club to fight for major trophies is clear for everyone to see, and I am confident that our best moments together remain ahead of us,” the club’s former captain stated.
“Harry represents the mentality and resilience required to perform for Manchester United. He is the ultimate professional who brings invaluable experience and leadership to our young, ambitious squad.
“Harry, like everyone at the club, is completely determined to help Manchester United to achieve regular and sustained success,” the Director of Football at Manchester United, Mr Jason Wilcox, was quoted as saying in the statement.
The Three Lions defender has made 266 appearances and won the Carabao Cup and Emirates FA Cup since joining the club in 2019.
European club football enters its decisive quarter-final phase in the UEFA Champions League, Europa League, and Conference League. With semi-final places on the line, the first-leg fixtures promise high-intensity clashes. All matches will be broadcast live on SuperSport, available on DStv and GOtv.
Champions League: Heavyweights Collide
At 8:00 PM, Real Madrid host Bayern Munich in the standout tie of the round. Both sides were emphatic in the previous stage, with Madrid dismantling Manchester City and Bayern delivering a dominant performance against Atalanta. The match airs live on SS Premier League (GOtv Ch. 65, DStv Ch. 203).
Madrid arrive off a disappointing domestic setback, while Bayern continue to show resilience and attacking firepower. The Bernabéu will be central to Madrid’s hopes against a side currently scoring with ease.
Also at 8:00 PM, Sporting Lisbon face Arsenal in Lisbon, live on SS Football Plus HD (DStv Ch. 202). Arsenal come into the tie under pressure following consecutive cup losses in the Carabao and FA Cups, while Sporting are full of confidence after an impressive run of form. With momentum firmly on the Portuguese side, this fixture presents a significant test of Arsenal’s mentality.
At 8:00 PM on Wednesday, Barcelona welcome Atletico Madrid in what promises to be a tightly contested tactical encounter. The game will be shown live on SS Premier League (GOtv Ch. 65, DStv Ch. 203). Barcelona claimed a recent league victory between the sides, but Atletico have already proven their ability to disrupt them this season. Expect a high-stakes contest between two teams who know each other well.
Also at 8:00 PM, Paris Saint-Germain take on Liverpool in Paris, live on SS Football Plus HD (DStv Ch. 202). PSG have emerged as one of the competition’s most dominant sides, carrying strong momentum into the tie. Liverpool, meanwhile, arrive under pressure following a heavy domestic defeat and will need a significant improvement to remain competitive heading into the second leg.
Europa & Conference League: Thursday Night Stakes
While the Champions League dominates midweek headlines, Thursday brings its own high-stakes quarter-final action across the UEFA Europa League and UEFA Conference League.
In the Europa League, Bologna host Aston Villa in a compelling first-leg encounter, live on SS La Liga (GOtv Ch. 62, DStv Ch. 204) at 8:00 PM, . Aston Villa have impressed throughout the competition and arrive well-rested, while Bologna’s path to this stage has been defined by resilience and high-intensity performances. The contrast in preparation could shape the outcome.
Also at 8:00 PM, FC Porto face Nottingham Forest, with the match airing on SS Premier League (GOtv Ch. 65, DStv Ch. 203). Porto will look to assert themselves at home after previous meetings between the sides, while Forest have already demonstrated their ability to navigate difficult knockout ties.
For the Conference League, Crystal Palace take on Fiorentina at Selhurst Park, live on SS Football (GOtv Ch. 61, DStv Ch. 205) at 8:00 PM. Palace continue their pursuit of European silverware against a Fiorentina side balancing continental ambition with inconsistent domestic form. The hosts will aim to build a first-leg advantage before the return fixture in Italy.
Quarter-Final Fixtures – First Legs
UEFA Champions League
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Real Madrid vs Bayern Munich – Tue, 8:00 PM (SS Premier League)
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Sporting Lisbon vs Arsenal – Tue, 8:00 PM (SS Football Plus HD)
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Barcelona vs Atletico Madrid – Wed, 8:00 PM (SS Premier League)
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Paris Saint-Germain vs Liverpool – Wed, 8:00 PM (SS Football Plus HD)
UEFA Europa League
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Bologna vs Aston Villa – Thu, 8:00 PM (SS La Liga)
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FC Porto vs Nottingham Forest – Thu, 8:00 PM (SS Premier League)
UEFA Conference League
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Crystal Palace vs Fiorentina – Thu, 8:00 PM (SS Football)
Follow the Action
Catch all the UEFA Champions League, Europa League, and Conference League action live on SuperSport on DStv and GOtv. Matches are also available to stream via DStv Stream and GOtv Stream. Manage or upgrade your subscription via the MyDStv or MyGOtv apps, visit www.dstv.com or www.gotvafrica.com, or dial *288# to stay connected.
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