Categories: Football

Al Thani says he rejected a 450 million euro offer for Málaga

The experts appointed by the judge valued Malaga at 50,338,940 euros. An amount that can vary depending on the debts that may exist because the work in this regard will be extended for two more months. The experts are Victoria Olivia Tortello and Salvador Pedraza.

The reactions have not been long in coming. On the one hand, the Association of Small Shareholders (APA) immediately presented a letter to the 14th court of Malaga requesting an explanation regarding the aforementioned amount. Francisco Valverde, the APA lawyer was able to speak with the judicial administrator, José María Muñoz. And both were surprised by such a high valuation. It provided a comparison of the value of other teams such as Cádiz, Levante or Zaragoza as reflected by Cadena Ser.

But they have not been the only reactions. Abdullah Al Thani expressed his opinion through his Twitter account qualifying the aforementioned valuation of 50.3 million euros as “A great joke.” In this communication bridge used by the Qatari, he also made the following comment. “I rejected many offers and one of them was for 450 million euros.”

At another point in his presentation he also comments. “I mention it many times and I will say it again: this entity is an integral part of my life. I hope everyone understands it very well ”.

TObdullah Al Tnani was dismissed from his duties as president of Málaga on February 20, 2020 by Judge Mará Ángeles Ruiz, who appointed Muñoz as judicial administrator for an initial period of six months that has been extended until January 2022. Almost two years of judicial intervention in an almost unprecedented event in Spanish football.

Since then, Málaga has been plagued by various legal proceedings. On the one hand, the sheikh wants to regain his position of command and control of the entity; On the other hand, the hotel company BlueBay has recognized control of 49% of the property of Al Thani (approximately 47% of the club) and ultimately the judicial administration is working to see if the conditions can be met in the medium term for it to occur. a capital increase.

At the moment we are still waiting for it to be possible to have the credit line, 8.6 million euros to be repaid in an extendable year, essential to increase the salary limit.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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