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
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Iceland raises volcano warning level to highest red after small eruption
- Indians keep faith with Modi, best hope for economy - poll
- RBI says all companies must apply 2-step payments for credit cards
- SEBI orders PACL to return $8.1 billion raised from investment scheme
Belgian Grand Prix
Formula One leader Nico Rosberg swept to pole position at the Belgian Grand Prix on Saturday with Mercedes team mate and title rival Lewis Hamilton alongside on the front row after a wet qualifying session. Full Article