ECIJA advises on acquisition of 51% of Real Zaragoza

ECIJA has advised on the acquisition of 51% of the football club Real Zaragoza

Last Friday, April 8, 2022, the acquisition of 51% of the share capital of Real Zaragoza, S.A.D. was announced by a group of investors with extensive experience in the world of football and in the management of clubs worldwide such as Inter Miami (USA), Racing Club de Lens (France) and Millonarios FC (Colombia).

This group of investors is made up of, among others, the brothers Jorge and José Mas Santos, Joseph Oughourlian, Gustavo Serpa, Jim Carpenter and Jim Miller. The agreement is subject to two conditions: the permanence of Real Zaragoza in LaLiga SmartBank this season and the authorisation of the operation by the Higher Sports Council.

Real Zaragoza, S.A.D. commonly referred to as Zaragoza, is a Spanish football team based in Zaragoza, in the autonomous community of Aragon. Founded on 18 March 1932, it currently plays in the Segunda División, holding home games at La Romareda, which can hold 33,608 spectators.

Magdalena Bertram (pictured), partner of ECIJA, has led this operation in which Álvaro Gallego, has also participated, advising the buyers.