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Messi reaches Eldense purchase agreement
Lionel Messi has agreed in principle to become Eldense’s majority shareholder, pending regulatory and legal clearance.
What happened
Lionel Messi has reached a preliminary agreement to acquire shares in Spanish second-tier club Eldense from its majority owner, Grupo TH Soluciones. The deal would make him the club’s majority shareholder. It remains subject to required procedures, including approval by Spain’s National Sports Council.
Numbers
- 100%Eldense shares covered by agreement — Subject to outstanding procedures
- 2 pointsEldense’s league return so far — After four matches
- 20thEldense’s current second-tier position — In the league table
Questions
- Where is Eldense based?
- Eldense is based in Elda, Alicante, and plays in Spain’s second tier, commercially known as LaLiga Hypermotion.
- What must happen before completion?
- The parties must complete due diligence and remaining legal and contractual steps, while Spain’s National Sports Council must authorise the transaction.
- Why is the deal notable?
- Messi bought Catalan fifth-tier side Cornellà in April, so Eldense would become his second Spanish club investment.
- What is Eldense’s sporting position?
- Eldense are twentieth in the second division after taking two points from their first four matches this season.
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The catch
The agreement is preliminary; no completion date or purchase price has been made public.
Financial terms remain undisclosed.