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Birmingham Post

Business

Jon Robinson

Burnley FC's owners hit back over delayed payments reports

Burnley FC ALK EPL

Burnley FC's owners have hit back after reports that payments owed to former directors, which are required to complete their takeover, have been delayed.

Management firm ALK Capital, which became the majority backer of the Premier League club at the end of 2020, are paying former owners Mike Garlick and John Banaszkiewicz as well as five smaller shareholders.

Reports in the Daily Mail suggested that payments had been delayed to give ALK more time to secure additional investment.

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