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.
Ex-Burnley owner Mike Garlick (pictured) could regain control at Turf Moor if Burnley are relegated
Garlick will also regain control if ALK fail to pay any of the subsequent instalments on time, although there are no suggestions that is likely to become an issue.
Burnley declined to comment.
Newcastle are determined not to shatter the club’s wage structure despite the Saudi riches that have seen Kieran Trippier and Chris Wood arrive for combined fees of £37 million this month.
Trippier has become the club’s highest-paid player but his £100,000-a-week wages are only a modest increase on his salary at Atletico Madrid, indicating how Newcastle are unwilling to pay significantly above market rates despite their plight.
Wood has secured a rise from weekly wages of £50,000 at Burnley to £85,000, putting him near the top of the pay scale at Newcastle alongside Joelinton.
Newcastle are determined that Chris Wood (pictured) and Kieran Trippier's arrivals will not shatter the club's wage structure
REBEL CLUBS IN EFL LEGAL FIGHT
The EFL are facing the threat of a legal challenge from Championship clubs over their refusal to significantly alter profit and sustainability rules to account for the financial impact of the pandemic.
Around six clubs are understood to have had initial talks about joint legal action to challenge the EFL’s threshold for permitted losses, which is set at £3 9million over a three-year period. The EFL plan to give clubs an additional allowance of around £5m to cover for the absence of gate receipts when crowds were prohibited last season.
The rebel clubs want extra wriggle room due to the Covid-induced collapse of the transfer market, which has left many of them unable to balance their books by selling players.
Derby and Reading have been deducted points for breaching the losses threshold in recent years. Middlesbrough, Stoke and Bristol City are at risk of a breach over the next three-year cycle judging by their most recent published accounts.
The FA are planning to re-lay all the pitches at England’s World Cup training base in Qatar to ensure the turf matches that at the tournament’s eight stadia.
The stadium pitches were re-laid before last month’s Arab Cup but the surfaces at the 32 training complexes are not an exact replica so the FA will send a team of groundstaff to Qatar to work on the training ground after the World Cup draw in April.
England were able to conduct all their training sessions at St George’s Park, where the pitches are replicas of Wembley, at last summer’s Euro 2020 and Gareth Southgate wants his players to benefit from the same consistency at the World Cup.
Southgate hopes his base to be the Souq Al Wakra Tivoli hotel, 10 miles south of Doha, but the FA will make a final decision after the draw.
Gareth Southgate (pictured) Southgate hopes his base for the 2022 World Cup to be the Souq Al Wakra Tivoli hotel
YULETIDE PAY WORRY AT LEEDS
A number of Leeds players were briefly perturbed before Christmas when they did not receive their wages on the same day as their pay slips, which arrived on December 23.
Despite the confusion in some quarters, however, Leeds did pay their players on time on New Year’s Eve — they just sent out the pay slips early as club offices were closed between Christmas and New Year.
No players complained but the discrepancy raised eyebrows among some of their agents.