We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Wed 5 Sep 2012 05:35 PM

Font Size

- Aa +

Qatari owner says no plan to sell Malaga

Sheikh Abdullah Al-Thani will continue to invest in Spanish La Liga football club - senior exec

Qatari owner says no plan to sell Malaga
Malagas players celebrate after winning the Spanish league football match against Sporting Gijon on May 13 at Rosaleda stadium in Malaga. (Getty Images)

Malaga owner Sheikh Abdullah Al-Thani has no intention of selling and will continue to invest, his executive vice president said on Wednesday as he announced a new leadership structure for the La Liga club.

Moayat Shatat said Malaga had appointed a new director general and a new sporting director as they push ahead with an "internal restructuring" that has seen the departure of some of their best players.

"We have invested a lot in this project and we have no intention of walking away," Shatat told a news conference announcing the appointments.

"We love this club and both Sheikh Abdullah and (vice president and CEO) Abdullah Ghubn support the project and are excited. The club is not for sale."

Hefty investment by Al-Thani, a member of the Qatar royal family, helped Malaga qualify for the Champions League for the first time last season, but their preparations were disrupted by cashflow problems and reports the Sheikh wanted to sell after only two years.

After offloading Spain midfielder Cazorla to Arsenal and Venezuela striker Salomon Rondon to Rubin Kazan, the club has brought in players including United States defender Oguchi Onyewu and Paraguay striker Roque Santa Cruz.

Shatat said they had promoted marketing expert Vicente Casado to director general and appointed Argentina-born Mario Armando Husillos, a former Malaga player, as the first team sporting director.

"The important thing is that there is a balanced investment to seek the best for the club," Shatat said.

"At no time have we said we are not going to continue investing. We will do so but in the way best suited to the club. We want to invest in the right places."

Malaga have made a solid start to the season on the pitch.

They came through their Champions League playoff at Panathinaikos last week before being drawn in Group C of Europe's elite club competition with AC Milan, Zenit St Petersburg and Anderlecht.

They get their campaign underway on September 18 at home to Russian side Zenit.

Arabian Business: why we're going behind a paywall

For all the latest sports news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.