{"id":617740,"date":"2022-09-11T07:49:09","date_gmt":"2022-09-11T11:49:09","guid":{"rendered":"https:\/\/lastwordonsports.com\/football\/?p=617740"},"modified":"2022-09-11T08:11:07","modified_gmt":"2022-09-11T12:11:07","slug":"burnley-face-efl-ownership-investigation","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/football\/2022\/09\/11\/burnley-face-efl-ownership-investigation\/","title":{"rendered":"Championship Club Targeted by EFL Investigation: \u2018Ultimate Owners Could Be Another Financial Entity Based in Jersey\u2019"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Burnley are being investigated by the EFL over accusations that the club&#8217;s American owners aren&#8217;t the ones in charge, according to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/MailSport\/status\/1568128338010464257\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Matt Hughes<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0of the Daily Mail.<\/span><\/p>\n<h2>Burnley Under EFL Investigation<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Burnley facing EFL investigation over who owns the club. Concerns over lack of transparency with owners ALK Capital linked Jersey-based financial entity. <br \/> <a href=\"https:\/\/t.co\/3zuaA46hvn\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/3zuaA46hvn<\/a><\/p>\n<p>&mdash; Matt Hughes (@MattHughesMedia) <a href=\"https:\/\/twitter.com\/MattHughesMedia\/status\/1568140227369205761?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">September 9, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3><span data-preserver-spaces=\"true\">A Long and Proud History<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Burnley have a long history that began all the way back in 1882. Despite not being a huge club with the financial capabilities of\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2022\/09\/06\/liverpool-jurgen-klopp-transfer-window-graded\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">Manchester City<\/span><\/a><span data-preserver-spaces=\"true\">, The Clarets have had success, which has seen them become English champions twice and win an FA Cup.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Burnley\u2019s \u2018Ultimate Owners\u2019 Could Be Based in Jersey<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Back in 2020, the American consortium ALK Capital bought the Turf Moor club for \u00a3170million. However, authorities have obtained information that suggests the &#8220;<a href=\"https:\/\/www.dailymail.co.uk\/sport\/sportsnews\/article-11195101\/Burnley-face-EFL-investigation-claims-clubs-American-ownership-not-actually-charge.html\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">ultimate owners <\/a><\/span><span data-preserver-spaces=\"true\"><a href=\"https:\/\/www.dailymail.co.uk\/sport\/sportsnews\/article-11195101\/Burnley-face-EFL-investigation-claims-clubs-American-ownership-not-actually-charge.html\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">could be another financial entity based in Jersey<\/a>,<\/span><span data-preserver-spaces=\"true\">&#8221; as reported by Matt Hughes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last season, the Premier League initiated an inspection, which will be continued by the EFL as The Clarets were relegated from the top flight in 2022.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Read more:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2019\/09\/05\/efl-review-regulations-procedures-financial-stability\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">EFL to Conduct Review of Regulations and Procedures Concerning EFL Clubs\u2019 Financial Stability<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">Burnley have allegedly been asked to clarify some details of the ownership. More specifically, concerning their supposed links to Jersey-based institutions.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Not the First Club to Face an EFL Investigation<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">The Clarets are not the first club to face an investigation by the EFL. Back in January, there were talks about an investigation regarding\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/theathletic.com\/3512425\/2022\/01\/10\/efl-under-pressure-to-investigate-liverpool-postponement-after-klopp-admission\/\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Liverpool&#8217;s<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0request to postpone a League Cup match against\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/lastwordonsports.com\/football\/2022\/09\/01\/barcelona-complete-signing-arsenal-hector-bellerin\/\" target=\"_blank\" target=\"_self\"><span data-preserver-spaces=\"true\">Arsenal<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0due to a supposed Covid-19 outbreak in The Reds&#8217; squad, which was accepted.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">New Burnley chairman Alan Pace has promised all fans free entry upon the return to stadiums, for their last home game v Liverpool.<\/p>\n<p>More should take note of this \ud83d\udc4f\ud83c\udffb\ud83d\udc4f\ud83c\udffb <a href=\"https:\/\/t.co\/Hk36YDP58H\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/Hk36YDP58H<\/a><\/p>\n<p>&mdash; FootballFunnys (@FootballFunnnys) <a href=\"https:\/\/twitter.com\/FootballFunnnys\/status\/1390962375835193346?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">May 8, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Similarly,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.telegraph.co.uk\/football\/2021\/12\/26\/hull-city-among-clubs-facing-efl-investigation-following-last\/\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Hull City<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0were probed by the EFL around the same time for almost identical reasons. Their Championship match against Blackburn Rovers was cancelled only a couple of hours before the match was to be played.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Turf moor club told Sportsmail that ALK are the owners of the club, and they have yet to receive any questions from the EFL regarding the ownership of the club.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Burnley are being investigated by the EFL over accusations that the club&#8217;s American owners aren&#8217;t the ones in charge, according to\u00a0Matt Hughes\u00a0of the Daily Mail. Burnley Under EFL Investigation Burnley facing EFL investigation over who owns the club. Concerns over lack of transparency with owners ALK Capital linked Jersey-based financial entity. https:\/\/t.co\/3zuaA46hvn &mdash; Matt Hughes [&hellip;]<\/p>\n","protected":false},"author":3313,"featured_media":617803,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","sfio_featured_image":false,"sfio_embed_code":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[33,10,30],"tags":[5491,239],"class_list":["post-617740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-championship","category-burnley","category-news","tag-burnley-fc","tag-efl-championship"],"modified_by":"Ricky Carroll, Editor","_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts\/617740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/users\/3313"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/comments?post=617740"}],"version-history":[{"count":0,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/posts\/617740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/media\/617803"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/media?parent=617740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/categories?post=617740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lastwordonsports.com\/football\/wp-json\/wp\/v2\/tags?post=617740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}