{"id":18830,"date":"2020-12-31T08:01:08","date_gmt":"2020-12-31T12:01:08","guid":{"rendered":"http:\/\/irishexaminerusa.com\/wp\/?p=18830"},"modified":"2021-01-01T11:03:19","modified_gmt":"2021-01-01T15:03:19","slug":"burnleys-new-american-owners-set-to-back-dyche","status":"publish","type":"post","link":"https:\/\/irishexaminerusa.com\/wp\/?p=18830","title":{"rendered":"Burnley’s New American Owners Set To Back Dyche"},"content":{"rendered":"

\"\"
New Burnley chairman Alan Pace (centre) with ALK Capital partners Mike Smith (left) and Stuart Hunt (Burnley FC Handout)<\/figcaption><\/figure>Burnley\u2019s new American owners are \u201cfully prepared\u201d to back manager Sean Dyche, according to chairman Alan Pace.<\/p>\n

ALK Capital have completed their takeover of the Clarets, acquiring a controlling 84 per cent stake in the club, after the deal was approved and ratified by the Premier League.<\/p>\n

Pace, who succeeds Mike Garlick as chairman, revealed ALK had been \u201cvery, very big fans\u201d of Dyche \u201cfor some time\u201d \u2013 and stand ready to give the green light to fresh investment in the squad during the January transfer window.<\/p>\n

\u201cThe longevity and the stability of the management side has been something that has been very impactful from our prospective,\u201d said Pace, the former chief executive of Major League Soccer\u2019s Real Salt Lake.<\/p>\n

\u201c(Both) of the playing style and the ability of being able to perform at the level that they have.\u201d<\/p>\n

Pace, 53, said in an interview with Burnley club media: \u201cWe are very prepared to come in and support Sean and the management team.<\/p>\n

\u201cWe need time to get in and understand what their needs are, what they have been planning for, what the decisions were which they have taken so far and where they are desiring to go to \u2013 but we are fully prepared to back the manager.\u201d<\/p>\n

The takeover was completed through ALK\u2019s sports investment arm Velocity Sports Partners.<\/p>\n

Garlick, who had held just less than 50 per cent of the club\u2019s shares, will remain on the board of directors and felt the deal represented a \u201cnatural progression\u201d for Burnley.<\/p>\n

Pace, a dual British American national, is set to take an \u201cactive role\u201d in the club, will be moving to the area and aims to improve Burnley\u2019s global standing as part of Premier League brand.<\/p>\n

\u201cWhat attracted us specifically to Burnley had a lot to do with the passion of the fans, the quality of the club and the way that it had been managed, the longevity of the coaching staff and the ability for us to see a path to growth,\u201d the American said.<\/p>\n

\u201cFor us, we would not do anything that is not on a long-term basis \u2013 this is not a short \u2018buy-to-flip\u2019 opportunity. This is very much something we have a passion for ourselves.<\/p>\n

\u201cWe are looking for the opportunity to be involved for years to come, this is something we are excited about.\u201d<\/p>\n

Dyche guided Burnley to 1-0 home win over bottom club Sheffield United on Tuesday night, which leaves them 16th, now five points clear of the relegation zone.<\/p>\n

Commenting on the possibility of adding to his injury-reduced squad, and speaking before confirmation of ALK\u2019s completed takeover, Dyche had been somewhat cautious.<\/p>\n

\u201cIf there are things in the market we think we can align, we will. If there\u2019s not, we\u2019ll keep operating with the group we\u2019ve got,\u201d the Burnley manager said<\/p>\n

\u201cIf you\u2019ve got money available to spend you can only spend it on the players that are available.<\/p>\n

\u201cIf they are the right players, you do it. If they\u2019re not the right players I\u2019ve never seen the point of it\u2026 just stay with what you\u2019ve got.\u201d<\/p>\n

Share this:<\/h3>