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What Did Burnley Chairman Alan Pace Do Before Joining the Clarets?

Alan Pace’s pre-Burnley career spanned senior financial-services roles, leadership at Real Salt Lake, work at SCP Worldwide and the founding of ALK Capital.
From TheFinanceBase Team2 min to read
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Before becoming Burnley chairman, Alan Pace built a career across financial services and sports management. He held senior roles at Lehman Brothers and Citi, led Major League Soccer club Real Salt Lake as CEO and President, worked with sports and entertainment assets at SCP Worldwide, and founded ALK Capital in 2019.

From Wall Street to sports management

Pace began his financial career at Lehman Brothers, where he became a Managing Director. The available biographies do not give dates for his time there.

He then moved into sports management after entrepreneur Dave Checketts recruited him to lead Real Salt Lake as CEO and President. Burnley FC says Pace oversaw the club’s rise from the bottom of the standings to the 2009 MLS championship in two seasons. That is a club milestone attributed to his tenure, not an independently audited measure of his personal performance.

Advising and investing in sports

After Real Salt Lake, Pace worked with SCP Worldwide, advising team owners and leagues. Burnley FC says he oversaw football assets and helped with investments in other sports and entertainment properties; ALK Capital describes SCP Worldwide as an owner of sports, entertainment and media properties.

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Returning to finance at Citi

In 2008, Pace returned to financial services as Head of Americas Prime Finance at Citi. He later became a Managing Director and the bank’s Global Head of Sales for Securities Services. Burnley FC describes the division he oversaw as “a multibillion-dollar division.” ALK Capital’s takeover announcement also identifies him as a former Global Head of Sales for Securities Services.

Founding ALK Capital and joining Burnley

Pace left Citi and founded ALK Capital with fellow investors in 2019, with the aim of acquiring a football club. In its takeover announcement, ALK characterized his experience as more than 20 years in financial services and over a decade in sports management; those are the company’s descriptions of his career.

ALK completed its acquisition of an 84% stake in Burnley on 31 December 2020, and Pace replaced Mike Garlick as chairman. He said the incoming ownership intended to build on the club’s work to become financially stable and established in the Premier League and to remain a cornerstone of its local community.

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Career at a glance

Role or milestone What is established
Lehman Brothers Started in financial services and became a Managing Director; dates are not stated by Burnley FC’s official biography.
Real Salt Lake CEO and President; oversaw the club’s 2009 MLS championship, according to Burnley FC and ALK Capital.
SCP Worldwide Advised team owners and leagues and worked with sports and entertainment assets, according to Burnley FC and ALK Capital.
Citi Returned in 2008 as Head of Americas Prime Finance; later became Managing Director and Global Head of Sales for Securities Services.
ALK Capital Founded in 2019 with fellow investors to acquire a football club.
Burnley ALK completed an 84% acquisition on 31 December 2020; Pace became chairman, as reported by BBC Sport.

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