London, 10 October 2025 (dpa/MIA) - The owners of Burnley have completed the purchase of a majority stake in Spanish club Espanyol.

Velocity Sports Partners, led by Clarets chairman Alan Pace, announced the acquisition on Thursday following an extensive period of due diligence.

It says it intends to “invest in world-class academies and infrastructure, to achieve long-term footballing success on and off the field” at the Barcelona-based side.

The company, the sports investment arm of ALK Capital, has promised Espanyol and Burnley will retain their separate identities and operate independently.

Pace, managing partner of ALK Capital, said in a statement: “Our role is not to replace legacy but to build upon it, with care, with clarity, and with purpose.

“This is not about ownership; it’s about stewardship. Burnley will remain Burnley. Espanyol will remain Espanyol.

“Each club will retain its own leadership, identity, independence and decision-making, run by its own people, for its own supporters.”

Espanyol are currently ninth in La Liga and finished 14th last season.

Photo: Espanyol Facebook