The Football Capital Tracker · Event date: 29 October 2026 · Event type: Litigation or regulatory · Last updated: 1 November 2026
What happened
Companies House has issued a compulsory strike-off notice, dated for 3 November 2026, to Velocity Capital (UK) Holdings Ltd (14755517), the ALK Capital vehicle that controls Burnley FC Holdings. The company was incorporated in March 2023 and has never filed accounts; its first accounts, to 31 March 2024, were due by 24 December 2024. An Independent Football Regulator spokesperson told the Burnley Express that the regulator is aware of the notice, has requested further information from the club and is in active discussions with the EFL. ALK says its advisers are in contact with Companies House and that it expects to file in the coming weeks (Burnley Express; ALK response; Companies House).
Football exposure
- Burnley FC Holdings / Burnley FC: Velocity sits directly above the licensed club. Group borrowings are reported at £142m, more than £100m of it owed to banks and other external lenders.
- Fasanara: secured over the club and ground, the successor to a lending line that began with MSD’s £65m acquisition loan in 2020 and passed through MGG.
- CCM Entertainment II Holdings (Corrum Capital Management): holds an outstanding charge over Velocity as security agent, created in October 2025; a companion charge created the same day was satisfied within ten days.
Why it matters
This is the second strike-off notice for the same company; the first, in February 2025, was discontinued within a month. Administrative lapses at holding-company level are common. What is new is the regulator’s response: the IFR has stated on the record that it is engaging over an unaccounted-for entity above a licensed club. With lender security sitting at that level, the source and terms of the funding that controls Burnley cannot be read from the public record. The owners’ test is only as strong as what the regulator can see above the club, and Velocity is an early, direct test of it.
Open questions
- Will the accounts be filed before the notice runs its course, and what will they show about Velocity’s own borrowings?
- What information has the IFR requested, and will any of it be published?
- What are the terms of the CCM charge, and how does it rank against Fasanara’s club-level security?
Read the full analysis
Velocity Capital (UK) Holdings: The parent Burnley depends on, and nobody can see
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