Burnley F.C. and the price of ambition
Burnley Football Club has survived 140 years of triumph, relegation, financial hardship and reinvention. Its supporters have demonstrated time and again that their commitment to the club doesn't depend on success.
But can the same be said of its owners?
Five years after Alan Pace and ALK Capital acquired Burnley in a leveraged buyout, the club finds itself at the centre of an increasingly ambitious multi-club investment strategy. With mounting debt, questions about financial transparency, significant player sales and a new ownership platform spanning England and Spain, the relationship…
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