Pessimism at Espanyol over Burnley Related Takeover - Aspect Not Even Legal in Spain - Sport Witness

Pessimism at Espanyol over Burnley related takeover - Aspect not even legal in Spain - Sport Witness

Burnley owner Alan Pace’s potential takeover at Espanyol is not leaving anyone at the Spanish club excited, with pessimism instead the overriding emotion. That’s according to La Grada, who cover the situation today in two separate pieces, and about how one part of it is not even legal in Spain. They explain that the Burnley owner, via ALK Capital, is one of the candidates to take over at Espanyol in a possible sale. Initially this was met with o…

Burnley owner ALK Capital closes in on Espanyol acquisition - Inside World Football

June 13 – Burnley’s American owner Alan Pace is in advanced negotiations to acquire a stake in Spanish club Espanyol. The deal, if finalised, would see Espanyol become the second club in the portfolio of ALK Capital, the US-based investment firm that acquired an 84% controlling stake in Burnley for £170 million in December 2020. ALK’s long-stated aim is to build a “multi-club sports platform”, and Espanyol would mark a significant foothold in ma…