Burnley's owner, Alan Pace, is in advanced talks to acquire a stake in the Spanish club Espanyol, potentially creating a multi-club ownership structure. This move would make Espanyol the second club under ALK Capital, which previously owned Real Salt Lake before acquiring Burnley. The shift aligns with Premier League teams increasingly looking to invest in Spanish clubs to access young talents, leveraging Spain's favorable player registration rules and ties to South America. Espanyol has been on the market since their relegation from La Liga, with an estimated valuation of around 110 million euros.
Praise for the initiative has been palpable, as it represents a shift towards competitive multi-club ownership structures in football, allowing better access to emerging talent.
Such acquisitions can significantly alter the landscape of club trading in Europe, fostering not only partnerships among teams but also a more diverse talent pool for clubs.
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