Espanyol COO confident on multi-club ownership, calls Premier League a ‘backward-looking’ financial system
Espanyol COO confident on multi-club ownership, calls Premier League a ‘backward-looking’ financial system Espanyol COO Brad Spiby has told Football España that he is confident that ALK capital can pull off multi-club ownership successfully. His group, headed by Alan Pace, are majority owners at both Burnley and Espanyol, the latter investment occurring last July . He also praised La Liga’s salary limit system, which at times has been criticised for being overly strict.
The topic of multi-club ownership has become a highly controversial one over recent seasons, with several groups seeing a decline in performance on the pitch, and accusations of negligence for one or more of the clubs in the group. Yet speaking to FE during a La Liga event, Spiby explained that running the clubs was a duty they took very seriously. “It goes without saying that this club has historically been very successful, and is a storied club, and one of the most in Spanish football.
We talk a lot about it in our ownership group, about being custodians, it’s something that we wear heavily on our shoulders, but also with Burnley. Another founding club of the English league. So being custodians, and preserving what we have found at Espanyol, and leaning into what it has been historically, and use that as a superpower going forward.
” “We have the resources for both Espanyol and Burnley” When asked specifically about how they intend to go about multi-club ownership and how they intend to avoid the pitfalls mentioned above, Spiby was confident that they felt they had resources to manage both clubs. “Obviously a question that’s more topical by the day, and one we get asked quite a lot. The reality for us is that we have a well-resourced platform and we would never have taken on the opportunity to be custodians of Espanyol if we did not have the resources to carry on.
And so, both clubs are well-resourced, are operating on a standalone basis, as Alan has mentioned many times. And the only answer we can give is that we have the resources for both clubs. ” “The fact that Espanyol has been, and is currently in the midtable of sponsorship goes to the current efforts of the team, given that the club hasn’t been a midtable club in the last five years, going down to the second division.
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