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Freefalling Burnley FC’s worries have deepened after the club’s parent company, Velocity Capital (UK) Holdings, received a compulsory strike-off notice.
The Clarets, who were relegated from the Premier League last season, are in the bottom three of the Championship, with just one win from their first 12 games, and currently without a permanent manager.
The US-owned Lancashire club are also heavily indebted, with £142m of borrowings, including more than £100m owed to banks and other external lenders.
Now Companies…