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An African set to take over as owner of Burnley football club in a deal worth £200M



Egyptian businessman Mohamed El Kashashy is set to buy Burnley in an amazing £200m takeover. Kashashy who makes his money from food had been interested in the club for over a year.

El Kashashy and sports lawyer Chris Farnell have signed sale and purchase agreements with the Premier League club after agreeing a deal with Burnley chairman. It comes after Cheshire-based Farnell had his ban from being an owner of a football club lifted by the EFL after his previous attempt to buy Charlton Athletic.

Farnell appealed the disqualification, having claimed that he had made an administrative error and it then became a bitter dispute with the EFL but he has now been cleared to buy Burnley.


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