Real Zaragoza announces the sale of 51% of its capital to the new investment group

Real Zaragoza has announced through a statement the sale of 51% of its share capital to the group led by Jorge Mas and with Raúl Sanllehí as future general director of the entity from Zaragoza. This shareholding package corresponds to César Alierta and Sainz de Varanda, who, as this newspaper reported yesterday, has signed in advance the sale of his shares. The shares of Alierta, his own and those held in the name of his company, Prado de Altaoja, account for 49% of the share capital, while Sainz de Varanda, vice president and current acting president, has 1 .56%. That is the part that is for sale now. The club’s share capital is 6.3 million.

The minority shareholders, who are Carlos Iribarren, Juan Forcén and the Yarza family, each with 13.46% of titles at the moment, will sign the sale of their stake in the club when the suspensive clause that has been contemplated in the the contract, that is, when Real Zaragoza is mathematically saved and its continuity in the Second Division of Spanish football is not in danger

According to the statement, The operation is conditional on remaining in the second division this season and authorization from the Higher Sports Council. In addition, they hope that the operation may lead to a reduction in debt, which would allow the salary limit of the workforce to be increased.

This group is made up of various investors, including the brothers Jorge and José Mas, Joseph Oughourlian, Gustavo Serpa, Jim Carpenter and Jim Miller, owners of Inter Miami, Racing Club de Lens (France) and Millonarios FC (Colombia). .

Full statement from Real Zaragoza

Today is an important day in the history of Real Zaragoza. A new stage begins with the commitment to work for the goal that our club compete again in the place it deserves for winners and fans. Our entity announces the acquisition of more than 51% of the share capital of SAD by a group of investors, who have extensive experience in the world of soccer and in the management of clubs worldwide such as Inter Miami ( USA), Racing Club de Lens (France) and Millonarios FC (Colombia).

This group is made up of various investors, including the brothers Jorge and José Mas Santos, Joseph Oughourlian, Gustavo Serpa, Jim Carpenter and Jim Miller. The agreement is subject to two conditions precedent: the permanence of Real Zaragoza in LaLiga SmartBank this season and the authorization of the operation by the Higher Sports Council.

The arrival of the new investment group will entail a reduction in debt that will make it possible to undertake a short-term investment that increases the workforce cost limit imposed by LaLiga’s financial control, in order to improve the competitiveness of the first team, as well as a renewal of the infrastructures that improve the experience of our fans.

Both aspects are fundamental pillars to make Real Zaragoza a club with better resources and greater potential when it comes to growing both institutionally and sportingly. The new management team arrives with the aim of building a Real Zaragoza that returns to the elite of Spanish football, with full integration into Zaragoza values ​​being another of the hallmarks of this new stage.

The club is a heritage of Aragon and, therefore, the project will have the maximum respect for the memory of the entity and its Aragonese roots, where the local links that the entity already has will be maintained and strengthened, in addition to working on the internationalization of the club and with it the city. The management will be headed by Raúl Sanllehí, as general director of the club. Sanllehí has ​​more than 25 years of experience after his professional development at FC Barcelona, ​​Arsenal FC and in international football organizations such as ECA, UEFA and FIFA. All areas will be reinforced with highly experienced professionals in their respective specialties, seeking the goal of growing in all areas under the premises of professionalism, effort and teamwork. The project will be marked by the desire to provide the club with a team with the ability to compete with the best, create infrastructure to improve services to fans, as well as create synergies between the different clubs owned by investors that promote sports development , financial, commercial and brand.

The new management team is aware of the situation that the club has gone through in recent years and requests the support and patience of the Zaragoza fans for a project to which it will dedicate its maximum effort and enthusiasm, rigor and professionalism in the work and support to achieve the objective of placing Real Zaragoza in the place that it deserves due to its history and fans

The writing works in the extension of this news.