- The Egyptian Mohamed El Kashash is finalizing the purchase of the English club for 220 million euros
Everything is ready for the Burnley sale. The English club only has the authorization of the Premier League to change owners. The Egyptian Mohamed El Kashashy has become infatuated with the team and finalizes his purchase for a figure that will close around 220 million euros after a year of negotiations.
El Kashashy is a Dubai-based Egyptian businessman who has made his fortune in the food and entertainment industries. He is accompanied in the project by sports lawyer Chris Farnell, involved in the failed purchase of the Charlton.
Despite the fact that everything is ready, documents, guarantees, and others, the Premier recently knocked down the purchase of Newcastle, so the sale of Burnley, who aspires to be the new rich in the Premier, cannot be closed.