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German Utz Claassen Acquires Majority Share Of Spanish Second Division Side Mallorca

German businessman Utz Claassen has become the owner of Spanish second division side Mallorca, according to Pedro Fullana of AS. Claassen sealed an agreement with majority shareholder Lorenzo Serra Ferrer to acquire a 46.7% share in the club, in addition to a 2.9% stake from Miquel Coca. The German and his wife now own 94.4% of the club, "putting an end to Serra Ferrer's tenure in Mallorca after four and a half years." Both parties "had negotiated on various occasions." Claassen's personal share in Mallorca is 74.4%, while his wife, Annette, owns a 20% stake (AS, 1/5).

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