Burnley owners vow to run Espanyol separately after £113m takeover Sport Business Burnley’s owners insist they will run Espanyol independently after completing a takeover of the Barcelona-based LaLiga club. Velocity Sports Partners, the investment arm of Burnley owner ALK Capital, confirmed today it has acquired Espanyol from Chinese businessman Chen Yansheng’s Rastar Group in a deal reported to be worth €130m (£113m). “Football has always belonged to [...]
Who owns each Premier League club as US shareholdings boom? Sport Business British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]
Burnley and Elon Musk’s X sign behind-the-scenes deal Sport Business Burnley’s return to the Premier League will be documented on X after the Turf Moor club announced a deal with Elon Musk’s social media platform. Burnley and X Corporation have signed a multi-year deal that will see 20 episodes published fortnightly to give fans access to the Clarets’s Premier League season. It is hoped that [...]
Burnley director creates $1.2bn sport investment fund April 21, 2025 Burnley FC director Dave Checketts is fronting up a new $1.2bn (£900m) private equity fund with a wealthy Utah family. Checketts, part-owner of the Clarets, is teaming up with the Eccles family – whose prominent member Spencer is on the Salt Lake organising committee for the 2034 Winter Olympics – to form the Cynosure | [...]
Premier League prize money: How much do you get for winning the title? May 17, 2024 The majority of clubs may not have a Premier League title to win or relegation to avoid, but there are millions riding on this weekend. Prize money can differ massively between each spot in the Premier League table, and that’s something each team will be conscious off come kick-off this Sunday. Recent Premier League accounts [...]