The club Real Zaragoza could be sold to Arab investors due to the precarious economic situation has worsened in recent years. This was reported by the Herald of Aragon, who also mentioned that the buyer would be a sovereign wealth fund Dubai, United Arab Emirates, that is, from public investment in this case would be the Emir Mohammed bin Rashid Al Maktoum.
The purchase price would be worth three million euros (3.9 billion) but would fall if the Zaragoza descend into the Second Division in Spain. In turn, the new owners assume the existing debt of Aragon club amounting to 130.9 million euros (170.17 million dollars). Should make the sale, Zaragoza suffer changes in their internal structure, where the current president and majority shareholder, Agapito Iglesias, remain in office only until the end of the season and would be replaced by Javier Abad, major employer locally.
In turn, the former Real Zaragoza player, Xavi Aguado, occupy the position of Director Deportivo, while Uruguayan Gustavo Poyet, Rua Antonio Soriano and Paco would be other new faces in the institution. The newspaper said that the tenure of Mexican coach Javier Aguirre for the next season would not be guaranteed if the purchase was formalized as the 'Basque' only has a contract until June this year, another season could be extended if to achieve the permanence of the 'blanquillos' in the First Division. 
The purchase price would be worth three million euros (3.9 billion) but would fall if the Zaragoza descend into the Second Division in Spain. In turn, the new owners assume the existing debt of Aragon club amounting to 130.9 million euros (170.17 million dollars). Should make the sale, Zaragoza suffer changes in their internal structure, where the current president and majority shareholder, Agapito Iglesias, remain in office only until the end of the season and would be replaced by Javier Abad, major employer locally.
In turn, the former Real Zaragoza player, Xavi Aguado, occupy the position of Director Deportivo, while Uruguayan Gustavo Poyet, Rua Antonio Soriano and Paco would be other new faces in the institution. The newspaper said that the tenure of Mexican coach Javier Aguirre for the next season would not be guaranteed if the purchase was formalized as the 'Basque' only has a contract until June this year, another season could be extended if to achieve the permanence of the 'blanquillos' in the First Division.
- Aguirre reaches agreement to coach Real Zaragoza (18/11/2010)
- Zaragoza reaches agreement with Aguirre to coach (18/11/2010)
- Real Zaragoza locked in Tottenham talks for Giovani deal (27/12/2010)
- Zaragoza draws at Getafe in Aguirre's debut (23/11/2010)
- Zaragoza finally clinch deal for Sunderland defender Da Silva (31/01/2011)
No comments:
Post a Comment