China Toy & Licensed Model Cars Company $815 Million Rastar Group Sells Spain Football Club RCD Espanyol (Reial Club Deportiu Espanyol de Barcelona) for $151 Million (€130 Million) with Buyback Option, Rastar Group Hong Kong Units to Sell 99%+ Shares to UK Investment Fund Velocity Sport Limited via 50% Cash & 50% New Shares Issuance, Velocity Sport Limited is Majority Owned by ALK Capital Which is Majority Owner of English Premier League (EPL) Burnley Football Club
16th July | Hong Kong
China toy & licensed model cars company Rastar Group ($815 million market value) has announced to sell Spain football club RCD Espanyol (Reial Club Deportiu Espanyol de Barcelona) for $151 million (€130 million) with buyback option. Rastar Group Hong Kong units will sell 99%+ shares to UK investment fund Velocity Sport Limited via 50% cash & 50% new shares issuance. Velocity Sport Limited is majority owned by ALK Capital, which is the majority owner of English Premier League (EPL) Burnley Football Club. Rastar Group – Founded in 2000 in Shantou, Guangdong, Rastar Interactive Entertainment Co. Ltd (A-share code: 300043, referred to as “ Rastar Group”) is the first GEM listed company in Eastern Guangdong， and has been listed on A-share capital market of China since January 2010. With offices in Shantou, Guangzhou, Hong Kong, Shenzhen and Barcelona, Rastar Group is one of the leading companies in the integrated sports, culture and entertainment industry in China, with its business scope covering football clubs, games and toys. Rastar Group developed the ancient style strategy mobile game series Heroes of the Three Kingdoms and launched successfully in Mainland China, Hong Kong, Macau, Taiwan, Korea and Japan， with a accumulative business turnover of over five billion yuan. RCD Espanyol, in which Rastar Group holds 99.59% stake, is located in Barcelona, Spain and is the only football club in the mainstream European football league to be named after the country to which it belongs. Rastar Group is striving to build a first-class cultural company of Chinese style on the basis of its patriotism and social responsibility.
“ China Toy & Licensed Model Cars Company $815 Million Rastar Group Sells Spain Football Club RCD Espanyol (Reial Club Deportiu Espanyol de Barcelona) for $151 Million (€130 Million) with Buyback Option, Rastar Group Hong Kong Units to Sell 99%+ Shares to UK Investment Fund Velocity Sport Limited via 50% Cash & 50% New Shares Issuance, Velocity Sport Limited is Majority Owned by ALK Capital Which is Majority Owner of English Premier League (EPL) Burnley Football Club “
China Toy & Licensed Model Cars Company $815 Million Rastar Group Sells Spain Football Club RCD Espanyol (Reial Club Deportiu Espanyol de Barcelona) for $151 Million (€130 Million) with Buyback Option, Rastar Group Hong Kong Units to Sell 99%+ Shares to UK Investment Fund Velocity Sport Limited via 50% Cash & 50% New Shares Issuance, Velocity Sport Limited is Majority Owned by ALK Capital Which is Majority Owner of English Premier League (EPL) Burnley Football Club
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