spainspain news property featuresCelebrating 10 years online - 1999-2009
1.54 million unique visitors in 2008
Last Updated: Jul 3, 2009 - 7:56 PM CET
Spain Forum Spain Forumspain rss

spain directory



Advanced Search | Latest Links
spain features

spain news
Typically Spanish - Spain Sports News

Deal close for British purchase of Mallorca football club
larger | smaller
By h.b. - Sep 6, 2008 - 5:47 PM
Vicente Grande with Paul Davidson - Photo RCD Mallorca
Vicente Grande with Paul Davidson - Photo RCD Mallorca
enlarge photo
British businessman Paul Davidson is expected to buy 93 percent of the shares in the club next week.

The President of Mallorca football team, Vicente Grande, after meeting with the British businessman, Paul Davidson, has said that the sale of the shares owned by the club could be completed this week. Grande refused to give the amount to be paid for the shares of the club which is known to have a current debt of 800 million €.

Vicente Grande controls 93% of the shares through his Binipuntiró company, and had placed them on sale after declaring the club to be ‘provisionally bankrupt’.

He said that only small details now remained to be agreed and that ‘perhaps next week Señor Davidson will present a definitive offer’.

Davidson said that he was continuing to move ahead with the project and that he was not bothered by any other rival offers for the club.


 mobile |  email this article |  printer friendly page

 del.icio.us |  digg |  technorati |  yahoo | StumbleUpon Toolbar Stumble It!
Add to Facebook Facebook | Reddit Reddit | Seed it! Newsvine | Meanme Meneame | Wikio Wikio
Blink Blink | Google Bookmarks Google | Fresqui Fresqui | msn reporters MSN reporters | live spaces Live Spaces
Nt Space My Space | Fark Fark | Mixx Mixx | Twitter Twitter



Readers' comments:
Please keep to the subject. Opinions published here are of our visitors, not the Typically Spanish team. Comments which go against Spanish laws or which are libellous are not allowed. We reserve the right to delete any comment we wish.

Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.