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.