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The Independent UK

Sport

Jamie Gardner

English football bodies exploring ways to protect clubs in leveraged takeovers

Football Burnley FA Manchester United Mark Bullingham EPL

Getty Images

The Football Association, the Premier League and the EFL are exploring ways to ensure the debt around leveraged takeovers is structured to ensure the long-term survival of clubs.

Burnley’s accounts for the period ending July 31, 2021 revealed a significant loan repayment would be due in the event of their relegation from the Premier League, following a takeover by ALK Capital which used much of the club’s own money to complete.

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