Jamal Satli Iglesias, owner of Management Empresarial Málaga, announces a €600 million investment in Málaga CF. The asset divestment project aims to remodel La Rosaleda and improve the club's competitiveness.
What happened?
Satli Iglesias appeared before the media to announce the asset divestment project. The goal is to invest €600 million in Málaga CF.
Why is it important for Málaga CF?
The investment will allow for the remodeling of La Rosaleda and improve the club's competitiveness. The project also aims to generate between €50 and €70 million in annual revenue.
What comes next?
Satli Iglesias assured that he does not need to buy out Al-Thani to start the project. The shareholder agreement grants MEM effective management of the club.
| Statistic | Value |
|---|---|
| Investment | €600 million |
| Annual revenue | €50-70 million |
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