BARCELONA, Spain -- Alan Pace has said plans are in place to avoid a Crystal Palace - Lyon situation after the Burnley owner completed the takeover of Spanish side Espanyol last week.

Palace were demoted to the Conference League this season, with Lyon keeping their place in the Europa League, after UEFA's Club Financial Control Body (CFCB) ruled the Premier League club was too closely linked to the French side.

Pace -- the frontman for Velocity Sport Limited (VSL), Premier League Burnley's owners since 2020 and now also the major shareholders at Espanyol -- said he would step aside from one of the two clubs should a similar situation arise.

"Yes, because I know what we have to do," the Espanyol president said in a news conference to announce his arrival at the Barcelona -b

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