ALK Capital have completed their takeover of the Clarets, acquiring a controlling 84 per cent stake in the club, after the deal was approved and ratified by the Premier League.
Pace, who succeeds Mike Garlick as chairman, revealed ALK had been “very, very big fans” of Dyche “for some time” – and stand ready to give the green light to fresh investment in the squad during the January transfer window.
Garlick, who had held just less than 50 per cent of the club’s shares, will remain on the board of directors and felt the deal represented a “natural progression” for Burnley.
Commenting on the possibility of adding to his injury-reduced squad, and speaking before confirmation of ALK’s completed takeover, manager Sean Dyche had been somewhat cautious.
“If there are things in the market we think we can align, we will,” he said. “If there’s not, we’ll keep operating with the group we’ve got.”