Mohamed El Kashashy and Chris Farnell Pull Out of Burnley Takeover Talks
One Group Left in Burnley Takeover Talks
According to The Athletic, ALK Capital are the only party left in Burnley’s takeover talks.
The American investment group hope to conclude a deal soon so that they can shape the squad in the January window.
El Kashashy and Farnell had reportedly not heard anything from the club for a number of weeks and thus decided to pull out (Lancashire Live).
Dyche in the Dark
This news comes two days after Sean Dyche admitted that he was very much ‘in the dark’ regarding the takeover.
“I don’t know anymore than I am told which is very little,”
“That is a surprise to me as I have been here eight years and I thought I might have a little bit more knowledge.
“But at the end of the day the business side of the club is for the business guys, the board and the chairman.
“Until it changes I will stay working with the team and I have always kept my focus as working with the team anyway.
The Clarets sit precariously above the relegation zone. Three points separate them from third-bottom Fulham.
Dyche will be hoping to get a better foothold in the Premier League and their upcoming matches give them a great chance; they face Leeds United, Sheffield United and Fulham in their next three games.
A takeover in January could help to bolster Burnley’s squad, although Dyche has warned against any major spending.
“I will certainly not question the group we have got. If there is an ownership change and if money becomes available, it still has to be spent on the right people.
“You don’t just bring people in for the sake of it. We still want to have the prowess of this club.”