Pace, meanwhile, insists that both Espanyol and Burnley will remain separate entities despite operating under the same ownership. "Football has always belonged to its people. Our role is not to replace legacy, but to build upon it, with care, with clarity and with purpose," Pace is quoted as saying by ESPN.
"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.
"We are here to do the work. Honestly, carefully, and openly. To respect the past, support the present, and shape a future worthy of both clubs' proud traditions. This is how football evolves, with its people, for its people and always for the beautiful game."