Thursday, 21 April 2011

Getafe sold to Royal Emirates Group

Ángel Torres has effected the sale of Getafe CF to the Royal Emirates Group of Dubai. REG managing director Kaiser Rafiq signed the papers along with the Geta president mid-afternoon local time in the Gulf emirate, meaning that the Azulones are the third Liga outfit to have Asian ownership after Racing Santander and Málaga.

What this means for Getafe and its future is uncertain. Whether or not the team's name will change, how much investment there will be in the playing staff, even if Torres retains his position - none of this is yet known.

Geta are yet to make a formal announcement about the sale, but it is expected to weigh in at a €90m transaction. REG have promised to bring "new blood" to the club and to promote it throughout the Middle East.

1 comment:

  1. all my support from getafe!!!
    only getafe cf

    getafe or dead