Why an American Investment Firm is Buying Burnley
In the present day, the idea of buying a football has become run-of-the-mill… Over the last few years, we’ve seen American actors buying clubs, Russian oligarchs buying clubs, Chinese businessmen buying clubs, and Middle Eastern states buying clubs… There may not be pots of gold to be made owning a football club, we are frequently told, but there is power to be wielded and kudos to be apportioned. Owning a football club can open doors to the highest echelons of modern society. So why would an American investment firm think to take over a parochial football club in the North West? In this episode, we ask: why are ALK Capital investing in Burnley Football Club? Guest: Andy Jones (@adjones_journo) covers Burnley for The Athletic Support Us: https://www.patreon.com/FootballToday Follow Us: @FT_Podcast_ www.FootballTodayPodcast.com Music: The music for this episode was provided under the Creative Commons license by Blue Dot Sessions. House of Grendel by Lemuel At Our Best Alone by Holyoke Mr Mole and Son by Love and Weasel Closet Interlude by Union Hall Calisson by Confectionary Highway 430 by Truck Stop Peacetime by TinyTiny Trio