FILE PHOTO: Soccer Football - Premier League - Burnley v Sheffield United - Turf Moor, Burnley, Britain - December 29, 2020 Burnley manager Sean Dyche Pool via REUTERS/Dave Thompson
(Reuters) - American firm ALK Capital have completed the takeover of Burnley by acquiring an 84% stake in the Premier League side, the firm said in a statement.
The deal, which heralded a "new era" for the club, had been approved and ratified by the Premier League, and the firm's Managing Partner Alan Pace would replace Mike Garlick as club chairman, it added.
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