A.GAIN acquires Real Zaragoza, becomes majority shareholder

Published Jul 16, 05:00 AM UTC

The article details the acquisition of Spanish football club Real Zaragoza by investment group A.GAIN, which became the majority shareholder on Tuesday. A.GAIN, previously unknown to Zaragoza fans, already holds majority stakes in Colombian club Deportivo Cali and minority stakes in Atlético Madrid, Leeds United, and Racing Santander. During months of negotiations, A.GAIN representatives studied the club's history and current situation, impressing local officials. The sale was independent of Zaragoza's relegation to Primera RFEF. Existing owners Jorge Mas and Juan Forcén will retain 40% of shares. A.GAIN plans to appoint a general manager soon and hold an extraordinary general meeting in October to restructure the board. Sports management under Lalo Arantegui will remain unchanged. The club's commitment to the Nueva Romareda stadium project also continues.

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