The Independent Premier League
Burnley’s owners have completed the majority takeover of LaLiga outfit Espanyol.
Velocity Sports Partners, the investment arm of Burnley owner Alan Pace’s ALK Capital, has acquired the Barcelona-based club from Chinese businessman Chen Yansheng’s Rastar Group in a deal reportedly worth £113m.
It says it intends to “invest in world-class academies and infrastructure, to achieve long-term footballing success on and off the field” at Espanyol, who have a rich history in Spanish…
