Dubai buys Spanish La Liga club, to rename ‘Team Dubai’

Royal Emirates Group deal rumoured to be with debt-ridden Spanish club Zaragoza

Royal Emirates Group said it would rename the unnamed Spanish club 'Team Dubai'

Royal Emirates Group said it would rename the unnamed Spanish club 'Team Dubai'

Royal Emirates Group, the Dubai investment group chaired by HRH Sheikh Butti Bin Suhail Al Maktoum, has bought a top-league Spanish football team set to be renamed ‘Team Dubai’.

The privately-held firm said in a statement Tuesday that it has taken over ownership of a La Liga – Spain’s premiership league – team in a deal to be announced Thursday.

“The said team will be named as ‘Team Dubai’,” the statement said.

The unnamed club is speculated to be the debt-ridden Spanish club Zaragoza. Spanish media reports in February a Dubai sovereign wealth fund had made a €3m buyout offer for the team.

The deal reportedly included a guarantee to service the club’s debts, taking the value of the transaction to around €130m.

Zaragoza management did not comment on the deal at the time.

Spain’s ‘La Liga’ includes some of the richest teams in the world, including Atlético Madrid, Barcelona, Málaga, Real Madrid and Valencia.

A spokesperson for Royal Emirates Group said the club’s chairman and several high-profile players were due to arrive in Dubai in the next 24-hours.

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Dubai’s Royal Emirates Group has bought an unnamed top-league Spanish football team, that it said it will rename ‘Team Dubai’. Is the decision to rename the club:

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Posted by: Football

The team is Getafe. The official name remains unchanged but "Team Dubai" will be added to the team shirts, stadium and other merchandise. So it will become Getafe CF Team Dubai for all promotional purposes.
Should provide Dubai with great publicity.

Posted by: Red Snappa

Well if Dubai want success in Spanish football in the same order of magnitude as Barcelona and Real Madrid, maintenance of said club will be considerable. I just read that in both cases the clubs pay their players handsomely, the average pay for last season was $7.9m for Barcelona and $7.4m for Real Madrid. Squad of 3o players, regularly rotating first teamers 16 to 18 then add transfer fees say another $ 100+m for first season. Oh my word!

Posted by: Fran Jimenez

I am a Malaga CF supporter, recently buyed by a Qatar Sheik. This man has supplied great amounts of money and he has been very respectful with the team tradition, we are very grateful. Despite of this the team is having many difficulties to stay in the First Division, so changes have to be done carefully.

Posted by: s

Please, be clear, we should know which team are you going to buy. If you decide to buy R. Zaragoza, many people in this city will be very happy, cause the club president is not doing so well. If you decide for Leganes: GOOD LUCK!

Posted by: Stevo

I think something that has been not brought to the table is the fact that there are only a handful of teams in Spain named "Real" The word "Real" in the club's name is the Spanish term for "royal", and was given by the King Alfonso XIII in 1920 together with the royal crown in the emblem ? several other Spanish football teams also received this royal distinction: Real Sociedad, Real Uni�n de Ir�n, Real Betis, and Real Zaragoza.

I very much doubt it would be allowed to change to anything else.

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