La Liga team owned by Dubai’s Royal Emirates opts not to renew Michel’s contract past June
Getafe, the Spanish La Liga football club bought by a Dubai sheikh in April, is looking for a new coach after deciding not to renew the contract of incumbent Michel beyond the end of June.
"Jose Miguel Gonzalez Martin del Campo, Michel, will not be in charge of Getafe next season," the club said in a brief statement on its website. “The coach's contract expired at the end of this season and in the end, the club decided not to extend it.”
The former Real Madrid and Spanish player, 48, took over from Victor Munoz in April 2009. He led the Madrid-based club to sixth and a place in the Europa League the following season.
Getafe narrowly avoided the drop on the final day of the latest campaign, finishing one point above the relegation places in 16th.
In April, Dubai’s Royal Emirates Group confirmed its buyout of the Spanish La Liga side and said it planned to invest up to $130m in the team over a five-year period.
Royal Emirates Group, which is chaired by Sheikh Butti Bin Suhail Al Maktoum, a member of Dubai's ruling Al Maktoum family, pledged to “inject new blood” into the Spanish side over the coming year.
Under the terms of the deal, the club has been renamed Getafe Team Dubai.
“We have a big investment we are looking to put into it [and] in the players,” managing director Dr Kaiser Rafiq said. “[We’ve told] the players the team will get stronger with our support.”
When pushed as to the size of the investment, Rafiq said he wouldn’t hesitate to match the purchase price, which was put at between €70m and €90m ($100-130m).