RedBird, the American giant that has Malaga among its objectives

The investment fund RedBird Capital Partners has fully sneaked into Malaga today thanks to the move he made a few weeks ago to get 600 shares that to date had been owned by three small shareholders of the club. The objective of this management is none other than position itself with a view to the future capital increase that the judicial administrator intends to develop when the Provincial Court issues its ruling on the litigation that Sheikh Al Thani has kept open for years with the hotel company BlueBay.

This American giant has among its short-term future objectives to acquire ownership of European football clubs and Málaga, as has been revealed with the purchase of these 600 shares, is among his wishes. In fact, the share purchase agreement includes an option whereby the three shareholders could regain their stake in the club if RedBird does not manage to acquire a significant shareholding package from Malaga when the capital increase occurs.

RedBird Capital was founded by former Goldman Sachs partner Gerry Cardinale, RedBird manages currently nearly $ 5 billion of capital primarily in the sports, TMT, financial services and consumer sectors. It is a private investment company that has its sights set on European football and It has owned French Toulouse since the summer of 2020 and, in addition, is part of the shareholding of Fenway Sports Group (FSG), Liverpool's parent company. Shortly after taking over the majority shareholding of Toulouse, he went on to be part of the capital of the XFL football competition with Dwayne Johnson and Dany Garcia.