US investors complete takeover of Premier League side Burnley
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US investment group ALK Capital has completed its takeover of Burnley, acquiring a controlling 84 percent stake in the Premier League club, it was announced on Thursday.
Delaware-based ALK, which specialises in investments in the sport and media sectors, said its managing partner Alan Pace would take over from Mike Garlick as chairman.
Pace, the former president of Major League Soccer’s Real Salt Lake, said the move marked “the start of an exciting journey for the entire Clarets family”.
“With a rich heritage, a brilliant academy, and a passionate fan base, this club has solid foundations to build upon,” he said in a statement on the club’s website.
Neymar
Brazilian prosecutors said Wednesday they were investigating reports that football star Neymar has organized a New Year’s Eve mega-party at his luxury home near Rio de Janeiro, despite public health measures to curb rising coronavirus deaths.
Sources close to the striker denied he had plans to host such an extravaganza, while the Paris Saint-German player added to the mystery by simply posting pictures of himself with a friend on a yacht off a beach in the southern state of Santa Catarina.
The Rio Prosecutor’s Office said in a statement that it had opened an investigation after receiving “several claims, based on information released by the press, about the events sponsored by the player Neymar.”
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