GARLICK MAY BE BACK ON MENU IF BURNLEY TASTE RELEGATION
Former Burnley owner Mike Garlick could regain control at Turf Moor if Sean Dyche’s side are relegated — as the deal which saw him sell up to ALK Capital 13 months ago contains a clause giving him the option to buy back the club for a set price if they fall into the Championship.
Garlick remains a director at Burnley despite selling his 49 per cent stake and handing over the chairmanship to ALK managing director Alan Pace, and regularly attends matches.
ALK agreed to pay £150 million for 84 per cent of the club in a transaction to be completed in three stages, which was largely financed by the club’s existing funds and additional borrowing.