Overview

• Velocity Sport Limited, owner of Premier League side Burnley FC, has agreed to become majority shareholder of RCD Espanyol pending completion of administrative and regulatory approvals.
• Rastar Group will roll its existing shares into the new investment vehicle and remain a minority stakeholder in the Catalan club.
• Each club will operate independently while drawing on the same financial backing under ALK Capital’s multi-club model.
• Former NFL star J. J. Watt joins the consortium as a minority investor alongside ALK Capital’s chairman, Alan Pace.
• Financial details of the takeover were not disclosed by Espanyol, with formal completion awaiting final administrative steps.