Qatari royal, Sheikh Abdullah Bin Nassar Al Thani, has agreed to buy Malaga Football Club for $48.3 million, the Spanish outfit has said.
Al Thani will purchase the majority stakeholding owned by president Fernando Sanz, a former player who has run the La Liga club for four years and will continue to be linked to them in an advisory role.
"The agreement has already been notified to the Spanish Sports Council and will be completed shortly, given that said public body has provided its verbal approval of the agreement's terms and conditions," the club said.
Al Thani said: "Our goal is to help Malaga take the necessary steps to consolidate its presence in La Liga and reinforce the excitement and hopes of supporters."
Al Thani manages a UAE-based business empire which operates in more than 30 countries and he is also vice-chairman of the Doha Bank.
2009 Al Sidra Media LLC
Provided by Syndigate.info an Albawaba.com company
No comments:
Post a Comment