Fenway Sports Group Seeks Majority Stake in Malaga CF
Fenway Sports Group Seeks Majority Stake in Malaga CF

Fenway Sports Group Seeks Majority Stake in Malaga CF

News summary

Fenway Sports Group (FSG), owners of Liverpool FC, are reportedly pursuing the acquisition of Spanish second division club Malaga CF, targeting a 51% stake currently held by Abdullah Al Thani. FSG's interest follows a delegation visit to Malaga's facilities in February, as they aim to expand their multi-club model akin to Manchester City and Red Bull's strategies. The club, once a contender in the Champions League, has faced significant challenges, including relegation and current judicial administration, prompting FSG to consider a substantial financial investment to rejuvenate its football operations. However, they face competition from Qatar Sports Investments (QSI), which also aims to acquire Malaga to enhance its portfolio that includes Paris Saint-Germain. The situation has created a competitive bidding environment, with both entities vying for control and the opportunity to restore Malaga's former glory in European football. The outcome will depend on which group can present a more compelling proposal to the club's current administrators.

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