Burnley FC’s parent company hit with compulsory strike-off notice

The parent company of Burnley Football Club has received a compulsory strike-off notice.

Companies House has issued the warning to Velocity Capital (UK) Holdings over its financial accounts, which are almost two years overdue.

Velocity was also hit with a compulsory strike-off notice in February 2025, but that issue was resolved within a month.

ALK Capital was also hit with similar warnings in December 2022 and December 2024. The first one was discontinued, while the second was quickly dismissed.

Velocity, the sports-investment arm of ALK Capital, has never actually filed any accounts on Companies House since its incorporation in March 2023.

Its first accounts were due by December 24, 2024, but are still yet to be filed.

A First Gazette notice for compulsory strike-off indicates that the company is at risk of being removed from the official register.

If Companies House strikes your business off, it will be dissolved and legally cease to exist.

Burnley FC and ALK Capital/Velocity have all been contacted for comment.

The news only compiles a turbulent few weeks for the Burnley ownership, who are now on the lookout for a new manager after deciding to sack Nicky Hayen after Saturday’s 4-1 defeat to Lincoln City.

The Belgian lasted just 106 days in the role.

The Clarets, relegated from the Premier League last season, sit inside the Championship’s dropzone with just one win from their 12 league games.

Alan Pace has actually sacked two managers in the space of just four days, having also parted ways with Espanyol manager Manolo Gonzalez on Tuesday night.

It comes after the La Liga side - who are also owned by Velocity - were dumped out of the Copa del Rey by fourth tier side Sestao. They also sit inside the relegation zone.

Following Burnley’s disastrous start to the season, fans have begun venting their anger towards Pace and the club’s owners.

There have been chants of “Alan Pace, get out of club” during recent games, while a “Pace Out” banner was unfurled in the Cricket Field Stand during the recent fixture against Wolves.

Further banners were clearly visible in the away end at Lincoln on Saturday.

Supporters have regularly raised concerns about the nature of ALK’s leveraged takeover in 2020. There are also concerns over the club’s £142m worth of effort due to heavy borrowings.

This week, Burnley announced the appointment of Diego Lopez, formerly of Italian side Genoa, as the club’s new chief football officer.

In a statement announcing the Spaniard’s arrival, the Clarets said the appointment is “the first chapter of a new era” for the club.

Lopez will oversee the club’s football operations, recruitment and sporting structure.