Lionel Messi agrees deal to buy second-tier Spanish club Eldense
Al Jazeera
Al Jazeera
Original Source
Lionel Messi has reached an in-principle agreement to acquire Spanish second-division club CD Eldense, pending regulatory approval and completion of legal procedures. The deal represents Messi's second club ownership in Spain, following his acquisition of fifth-tier side UE Cornella earlier this year.
Lionel Messi has reached an agreement in principle to become the new owner of Spanish second-division side CD Eldense, the club has confirmed.
“At this time, the operation is pending completion of the final legal and contractual procedures, including the corresponding due diligence process, as well as the mandatory authorisation from the High Council for Sports (CSD),” Eldense told the Reuters news agency.
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The Argentina legend and Inter Miami forward is close to completing a deal to purchase 100 percent of the shares held by Colombian investment group TH Soluciones Group SAS, the current majority shareholder.
Messi, 39, is poised to become the majority owner of a second club in Spain, after the purchase of UE Cornella on April 16 earlier this year.
Cornella, who play in the fifth tier of Spain’s football pyramid, have a reputation for success in grassroots and youth football, with a number of graduates from their academy going on to join Messi’s former club Barcelona over the years.
Messi will be unable to invest heavily in signing players for Eldense, due to Spain’s strict salary limit rules.
Messi is one of a number of big names in Spanish football who have become club owners. Former teammate Gerard Pique’s Kosmos group own Andorra who also play in Spain’s second tier.
Real Madrid forwards Vinicius Jr and Kylian Mbappe are part of investment groups that are majority shareholders at Alverca in Portugal and SM Caen in France, respectively.
He is also set to receive a stake in current club Inter Miami after the expiry of his playing contract. Reports in Spain on Tuesday said the deal to purchase Eldense is expected to be completed in the coming days.
“At this time, the operation is pending completion of the final legal and contractual procedures, including the corresponding due diligence process, as well as the mandatory authorisation from the High Council for Sports (CSD),” Eldense told the Reuters news agency.
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list 4 of 4Dembele, Mbappe, Kane and Yamal top Ballon d’Or shortlist
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The Argentina legend and Inter Miami forward is close to completing a deal to purchase 100 percent of the shares held by Colombian investment group TH Soluciones Group SAS, the current majority shareholder.
Messi, 39, is poised to become the majority owner of a second club in Spain, after the purchase of UE Cornella on April 16 earlier this year.
Cornella, who play in the fifth tier of Spain’s football pyramid, have a reputation for success in grassroots and youth football, with a number of graduates from their academy going on to join Messi’s former club Barcelona over the years.
Messi will be unable to invest heavily in signing players for Eldense, due to Spain’s strict salary limit rules.
Messi is one of a number of big names in Spanish football who have become club owners. Former teammate Gerard Pique’s Kosmos group own Andorra who also play in Spain’s second tier.
Real Madrid forwards Vinicius Jr and Kylian Mbappe are part of investment groups that are majority shareholders at Alverca in Portugal and SM Caen in France, respectively.
He is also set to receive a stake in current club Inter Miami after the expiry of his playing contract. Reports in Spain on Tuesday said the deal to purchase Eldense is expected to be completed in the coming days.
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Tags:#ليونيل ميسي#إلدينسي#الدرجة الثانية الإسبانية#استثمار كروي#كرة القدم
Source: Al Jazeera
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