BARCELONA (SPAIN) (ITALPRESS) – Espanyol has changed its majority shareholder, and a new multi-ownership is born in Europe. As officially announced by the Catalan club, the current owner, Chen Yansheng, has reached an agreement for the sale of the club to Velocity Sport Limited (VSL), a British company led by Alan Pace, former owner of Burnley.
The Rastar Group, the majority shareholder of RCD Espanyol, has reached an agreement in the last few hours with Velocity Sport Limited (VSL), a group based in England that also has American shareholders,” the statement reads. Under this agreement, VSL will become a shareholder of the holding company and will participate in a strategic alliance that will bring RCD Espanyol to the same level as Burnley FC, the only club previously belonging to this group. With this agreement, Espanyol and the English club “will be part of this investment group,” but the company specifies that each entity “will remain independent.
– photo IPA Agency –
(ITALPRESS).
