Quiz! Most Canada government workers end strike after deal on wages The 41-year-old is said to be intending to proceed with a 200million bid for the club alongside partner Farnell, but theres little out there about him in the press, aside from an interview with business outlet The National News in 2014. According to several reports, Burnley are a step away from finding a solution to their financial issues post-pandemic. Earlier this year, Goal reported the Emiratis net worth at $20bn (15.19bn). Burnley owner Garlick has the lowest net worth of any Premier League owner, and has been sole chairman of the Clarets since 2015. A Crystal Palace co-owner since 2015, Harris other sporting ventures include the Philadelphia 76ers of the NBA and the New Jersey Devils of the NHL. Burnley on verge of 200m takeover by Egyptian businessman Mohamed El One of the best-run clubs in the Premier League, with a net profit in the last three years, though it will be altogether harder to extend that sequence because of the impact of COVID-19. At the time of writing, Forbes puts his net worth at $12.7bn (9.65bn), up from $11.3m back in the spring when the publication posted its most recent billionaires list. Experience includes working with private equity investors/boards, improving performance and profitability with decisive change management and growth leadership . He is also vice-chairman and CEO of Thai travel retail company King Power, whose name adorns Leicesters stadium. Introduced in August 1994 to satisfy a yearning for a fresh, breezy and entertaining afternoon paper in Lagos and its environs, P.M.News is positioned as a paper for everyone. El Kashashy and Farnell have provided proof of funds and the final obstacle is to pass the Premier League's 'Owners' and Directors' test' before the takeover can be completed. However, it's [] 3rd December 2020, 5:46 pm. Nice seeing how quick our fans are to get the word out to Burnley fans on Twitter, Cue Dave Jones appointed as assistant managergood luck Burnley,not right these cretins should be allowed anywhere near a football clubbut here they go againsad times for them I fear, knowing a couple of Burnley fans I cant see them taking this without a fight, Doesn't make sense Kashashy was seen at the Valley, if they had money then why the EFL hold up for the takeover. Takeover talk continues to swirl around Burnley with Egyptian businessman Mohamer El Kashashy and sports lawyer Chris Farnell confident of securing a deal for the club. Farnell has worked with north-west sportsmen such as Cristiano Ronaldo and Roberto Martnez and has a longstanding interest in moving into club ownership. Forbes reports his net worth at $8.3bn (6.31bn) at the time of writing, down from $10bn in Aprll. I really do feel for them. Why This Rolex Is Worth More Used Than New. News you can trust since 1877. . Much like Dyches feat in taking them to seventh in 2018, the only way thereafter is down. Garlick is said to have admitted that his club stands to lose at least50 million because of the coronavirus pandemic. Burnley are the subject of a 200m takeover bid from Egyptian businessman Mohamed El Kashashy and lawyer Chris Farnell. Last updated on 28 October 2020 28 October 2020. Experience includes working with private equity investors/boards, improving performance and profitability with decisive change management and growth leadership. According to a talkSPORT rich list, he was worth 1.3bn as of May this year. Heres how it works. Neighbours both belong in the bracket of clubs who can get into the top flight and stay in it Rovers last spell spanned 11 years but who could spend years, even decades, outside it. El Kashashy, Mohamed Sayed Zein (aka Elkashashy), Born September 1978, Mohamed El Kashashy is an Egyptian businessman, whose glowing CV lays claim to holding senior roles at Coke, Proctor & Gamble, Gillette, and McKinsey and the Dubai Government, , before founding Think Food LLC in 2011 (limited access). The takeover news comes as a sigh of relief for the Clarets' fans who are languishing at the bottom of the table with just one point in six games played.