Acquisition of Burnley Football Club by ALK Capital

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.ClientNameALK Capital LLC

BDO is delighted to have supported Velocity Sports Partners, the sports investment arm of ALK Capital, with due diligence, transaction support and structuring advice on its 84% acquisition of EPL club Burnley FC.

Founded in 1882, Burnley has been twice crowned Champions of England and has won the FA Cup. The club's ground, Turf Moor, is the second-longest continuously used stadium in English professional football. 

ALK is a global investment firm with significant experience within the sports industry, including various investments in sports technology. Alan Pace, Managing Partner of ALK, was previously CEO of Real Salt Lake, the 2009 MLS Champions.

“This complex investment was a long-time in the making, and I would like to thank BDO for their solutions-driven approach which played a key role in helping complete the transaction. We are very pleased to have partnered with such a client-focussed organisation with great expertise in its field.”

Alan Pace, Managing Partner of ALK Capital 

“It was a pleasure working with ALK and its advisors on this transaction.  We have been really impressed with the ALK team’s experience throughout our time working with them.  The club has a fantastic heritage, with a strong platform for growth, and hopefully the deal marks the start of an even brighter future on and off the field.”

Simon Hall, Corporate Finance Director, BDO