Egyptian investor signs deal to acquire Premier League team



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Egyptian investor signs deal to acquire Premier League team

Reuters

Egyptian businessman Mohamed El Kashachi is set to acquire shares in Burnley, the English Premier League football club.

According to English media, Kashachi and sports lawyer Chris Farnell signed buy and sell agreements with the English Premier League, following the deal with Burnley chairman Mike Garlick.

According to reports, Kashachi and his partner Farnell will pay around £ 200million to acquire Burnley, after which they will strengthen the club’s ranks with distinguished players, in order to provide all possibilities for the team’s coach, Shawn Daesh. .

Burnley is currently ranked 18th in the Premier League table, with one point, after six rounds of the Premier League competition.

Source: English media



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