SBD Global/November 6, 2013/Franchises

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  • Spanish Second Division Side Deportivo La Coruña Believes Celta Vigo Broke Agreement

    Spanish second division side Deportivo La Coruña is "very close to ending its relationship" with La Liga side Celta Vigo, according to Juan Yordi of MARCA. Deportivo is "upset with Celta's attitude in regards to rosters." Deportivo and Celta have "long had a gentleman's agreement, in the sense that the teams do not obstruct each other's ability to renew contracts with youth players." Deportivo "feels disrespected in this regard because of the case of youth player Alejandro Rey, a player Celta was able to convince to leave Deportivo." Deportivo President Augusto César Lendoiro has "sent two letters to Celta President Carlos Mouriño to explain Deportivo's anger" (MARCA, 11/5).

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  • Abu Dhabi Investors Pursuing Purchase Of Majority Share Of Spanish Club Girona

    About "10 days ago, Mona Mahamud, a representative of an Abu Dhabi group of investors, visited Spanish second division side Girona with the intention of buying majority shares in the club," according to SPORT. Mahamud visited "the Girona offices making an offer" of approximately €10M ($13.5M). This "injection of capital would help the club eliminate its debt," which has reached €5M ($6.8M), and would also help the team "make a push for promotion to La Liga, which is the main objective of the possible investors." A deal, however, "is not complete." Current Girona majority shareholder Josep Delgado "has asked that the contract include a buy-back clause for the same price, with the Arabs not in agreement with that" (SPORT, 11/5).

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