19 Apr, 2023 @ 13:30
1 min read

Malaga CF owner Sheikh Al-Thani vows ‘never’ to put the club he has run into the ground up for sale

sheikh abdullah al thani sells malaga fc

SHEIKH Abdullah Al-Thani is not one to shy away from social media, but his stance on the ownership of Malaga CF has been consistent – it’s not for sale. 

The former club president has previously rejected all offers and his latest response to PSG’s president Nasser Al-Khelaifi’s interest was no different. 

The Olive Press has previously written on Al-Thani’s disastrous ownership of the Costa del Sol club.

The Qatari’s stewardship has seen them slide from Champions League quarter-finals to La Liga’s Segunda Division in the space of ten years.

Despite this, in a forceful message on Twitter, Al-Thani compared the club to a member of his family – ‘a son or a daughter’ – and vowed to hold onto it for as long as possible.

However, the sheikh’s grip on the club may not be as strong as he thinks – two legal battles could threaten his ownership. 

The first involves a longstanding claim from hotel group BlueBay, who allege that Al-Thani broke an agreement to give them 49% of his shares. 

The Supreme Court is yet to make a ruling on whether Al-Thani must divide his shares with BlueBay.

The second legal issue is criminal proceedings, which have resulted in the club being in administration for the past three years. 

The Al-Thani family face accusations of crimes such as money laundering and misappropriation of club funds. 

Until these legal matters are resolved, the future of Malaga CF remains uncertain.

READ MORE:

Walter Finch

Walter - or Walt to most people - is a former and sometimes still photographer and filmmaker who likes to dig under the surface.
A NCTJ-trained journalist, he came to the Costa del Sol from the Daily Mail in 2022 to report on organised crime, corruption, financial fraud and a little bit of whatever is going on.
Heard of something shady, untoward or plain corrupt? [email protected]

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 bedroom Apartment for sale in Guardamar del Segura with pool - € 89
Previous Story

1 bedroom Apartment for sale in Guardamar del Segura with pool – € 89,900

Sex Exploitation Gang Busted With 15 Female And Male Victims Freed In Spain's Murcia
Next Story

Sex trafficking gang busted with 15 female and male victims freed in Spain’s Murcia

Latest from Football

Go toTop

More From The Olive Press