Advanced negotiations with Barcelona-based club
Burnley would get preferential access to players
Burnley’s owner is in advanced negotiations about buying a stake in the Spanish club Espanyol in what would become the Premier League’s latest multi-club operation.
Espanyol would be the second club owned by ALK Capital, the investment company operated by Burnley’s owner, Alan Pace, whose website says its ambition is to establish a multi-club sports platform. The American businessman previously owned Real Salt Lake in Major League Soccer before selling up to buy Burnley, paying £170m for 84% of the club in December 2020.
ALK Capital has held talks with several Spanish clubs about a potential investment over the past few months and an offer is understood to have been made for Espanyol, the second club in Barcelona. The size and price of the proposal is unclear.
