Burnley Investment Group Addresses Companies House Strike-Off Notice
The investment group that owns Burnley Football Club is in discussions with Companies House after receiving a compulsory strike-off notice for failing to submit necessary accounts on time. Velocity Capital (UK) Holdings, the investment arm of ALK Capital, received the notice dated 3 November 2026.
According to the club’s latest accounts as of July 2025, Burnley’s financial debt increased significantly from £30 million to £142 million within just one year.
A spokesperson for ALK Capital stated, “We are aware of the notice issued by Companies House and are taking the necessary steps to resolve the matter.” The spokesperson added that their company secretarial advisers are in direct communication with Companies House, and they are collaborating closely with external accountants and auditors to finalize the outstanding accounts.
“We expect to make the necessary filings in the coming weeks and remain fully committed to bringing our reporting obligations up to date as quickly as possible,” the spokesperson continued.
If the strike-off is implemented, the company could be removed from the Companies House register, ceasing to exist as a legal entity.
ALK Capital acquired Burnley in 2020 through a leveraged takeover, which included a £65 million loan from investment firm MSD, a loan that has since been refinanced. Since the acquisition, Burnley has fluctuated between the Championship and Premier League, facing relegation from the top tier most recently last season.
This season has started poorly for the Clarets, leading to the dismissal of coach Nicky Hayen on Saturday, with the team currently in 22nd place in the Championship. Following this, the club has appointed Diego Lopez as their new chief football officer, tasked with overseeing football operations, recruitment, the sporting structure, and the urgent search for a new manager.
