Why an American Investment Firm is Buying Burnley

<p><span style="font-weight: 400;">In the present day, the idea of buying a football has become run-of-the-mill…</span></p> <p><span style="font-weight: 400;">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…</span></p> <p><span style="font-weight: 400;">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.</span></p> <p><span style="font-weight: 400;">So why would an American investment firm think to take over a parochial football club in the North West?</span></p> <p><span style="font-weight: 400;">In this episode, we ask: why are ALK Capital investing in Burnley Football Club?</span></p> <p>Guest:</p> <p><span style="font-weight: 400;">Andy Jones (<a href= "https://twitter.com/adjones_journo">@adjones_journo</a>) covers Burnley for The Athletic</span></p> <p>Support Us:</p> <p><a href="https://www.patreon.com/FootballToday" target="_blank" rel="noopener">https://www.patreon.com/FootballToday</a></p> <p>Follow Us:</p> <p><a href="https://twitter.com/FT_Podcast_" target="_blank" rel= "noopener">@FT_Podcast_</a></p> <p><a href="http://www.footballtodaypodcast.com/" target="_blank" rel="noopener">www.FootballTodayPodcast.com</a></p> <p>Music:</p> <p>The music for this episode was provided under the Creative Commons license by <a href="http://www.sessions.blue/" target= "_blank" rel="noopener">Blue Dot Sessions</a>.</p> <p><span style="font-weight: 400;">House of Grendel by Lemuel</span></p> <p><span style="font-weight: 400;">At Our Best Alone by Holyoke</span></p> <p><span style="font-weight: 400;">Mr Mole and Son by Love and Weasel</span></p> <p><span style="font-weight: 400;">Closet Interlude by Union Hall</span></p> <p><span style="font-weight: 400;">Calisson by Confectionary</span></p> <p><span style="font-weight: 4