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Alan Pace Nears Finalization of Espanyol Takeover, Reassures Fans of His Enthusiasm

Regulatory approvals are in motion ahead of a September close, when an extraordinary general meeting will install a new board and president

Overview

  • Velocity Sports Limited, led by Alan Pace, is set to acquire Rastar Group’s 99.66% stake in RCD Espanyol pending final procedural steps.
  • Rastar Group retains a 16% share in both Espanyol and the holding company controlling Burnley FC under the new arrangement.
  • Pace’s recent social media post clarified that his silence during the sale process was a sign of respect for the club and not a lack of excitement.
  • His team has reached out to club insiders and foreign correspondents to build confidence among supporters throughout the transition.
  • Espanyol and Burnley FC will remain independently managed despite being part of Velocity Sports’s multi-club portfolio.