Burnley Football Club issue statement over potential takeover

But the club will not comment further until such talks reach a conclusion.

ALK Capital and a group fronted by Chris Farnell and Mohamed El Kashashy have been in talks for over a year, with the former still insisting they are in the frame, with managing partner Alan Pace in Rossendale last week looking for property, while the latter believe they only have the hurdle of the Premier League's owners and directors test to pass, in order to push through a deal.

The club statement reads: "Regarding various comments in the media, Burnley Football Club confirms that the club’s ownership remain in discussions with interested parties regarding future investment in the club.

"In full respect of ongoing processes, the club will not be providing any further commentary on this matter until those discussions have reached a conclusion.

"The club wishes to assure supporters and the local community that the future of Burnley Football Club remains the primary concern in these issues, with any potential investment needing to support the club’s long term sustainability and retain its position as a cornerstone of the local community."