Rastar throws balls out about the process of selling Espanyol

The movements on a possible sale of Espanyol not only have they generated an evident impact among lifelong parakeet fans, but they the earthquake has reached China. As a result of the information advanced by the companions of ‘La Grada’, shareholders of Rastar Group –the conglomerate of companies that owns 99.6 percent of the club– directly asked their board of directors if it is true that Chen Yansheng will sell Espanyol for 300 million of euros. And in the last hours they have obtained an official response.

Rastar’s way out is to deny it. “The information is not true.“, pointed out the secretary of the board as AS has been able to collect, through the interactive platform that connects Rastar with its shareholders. In realitywhat he is denying is that a sale has already been closed for that exact amount, not that it will occur in the short or medium term. In fact, he also notes that “as a club with a strong competitiveness in LaLiga in recent years, has received a number of inquiries by investors“.

This answer aligns with sources of the club itself who last week explained to this newspaper and other media that Espanyol receives around one ten calls a year interested in the entity purchaseor at least probing on this matter.

What none of the sources clarifies, and it is logical because it would incur lack of confidentiality, is At what stage of the process is the current negotiation with an American groupwhich exists, which began in November, and which can come to fruition even if it is not for those €300 million -probably yes Dollars– now denied by Rastar.