Iniesta appeals for help to save boyhood club Albacete
MADRID (Reuters) - Barcelona and Spain playmaker Andres Iniesta has written an open letter asking for people to invest money to help save his boyhood club Albacete from extinction.
Iniesta and his family are the third-tier club's majority shareholders and he said they were doing everything they could to stop Albacete folding but needed more outside investment.
"Using this letter I would like to encourage everyone who has been connected with this club, former players, fans, companies and institutions to take part in the third phase of the capital increase so that we can safeguard our historic club," he wrote.
"The country is going through a very difficult economic situation and we will only resolve this situation if all of us who can make an effort."
Albacete, who have had a couple of stints in Spain's top flight, are the latest club to suffer financially as the economic crisis gripping Spain dents revenue from ticket sales and sponsorship. (Reporting by Iain Rogers, editing by Toby Davis)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
Top seed Novak Djokovic and champion Stan Wawrinka set up 'The Djoker v The Man 3.0' at Melbourne Park after impressive quarter-final victories, while an ill Serena moved a step closer to her 19th grand slam title. Full Article
From Oscars to Sundance, Sharma and Revolori discuss India's 'Umrika' Full Article
Frenchman, American among those killed in Tripoli hotel attack - Libyan official. Full Article