Iniesta appeals for help to save boyhood club Albacete

MADRID Fri Nov 30, 2012 3:40am IST

Spain's Andres Iniesta attends a training session at the Dinamo stadium in Minsk, October 11, 2012. REUTERS/Vasily Fedosenko/Files

Spain's Andres Iniesta attends a training session at the Dinamo stadium in Minsk, October 11, 2012.

Credit: Reuters/Vasily Fedosenko/Files

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)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

U.S. Open

Reuters Showcase

Spending Spree

Spending Spree

Manchester United top deadline-day big spenders.  Full Article 

Difference of Opinion

Difference of Opinion

Ronaldo raises questions about Real transfer policy.  Full Article 

Transfer Acticity

Transfer Acticity

Arsenal sign Welbeck to long-term deal.  Full Article 

Kirk Takes Title

Kirk Takes Title

American Kirk wins Deutsche Bank title.  Full Article 

Falcao on Loan

Falcao on Loan

Manchester United confirm Falcao one-year loan .  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage