|
Indian
businessman Ali Syed to buy La Liga club
Friday January 21, 2011 04:33:01 PM,
IANS
|
|
Madrid: Indian
businessman Ahsan Ali Syed is close to buying Spanish football
club Racing Santander for a reported 30-40 million euros.
The deal between Ali Syed and the La Liga club could be inked
Monday, Spanish daily El Diario Montanes reported.
"After studying options in different countries in the past months,
we know that Racing fits our strategy because it is a well-managed
club and has great long-term potential," Ali Syed said in a
statement.
After the buyout, the tycoon intends to invest 90 million euros in
the next five years.
"Sport has always been a good investment opportunity, especially
if it is combined with passion and dreams. Football is not just an
investment for me but also a personal passion. For that reason it
has always been a dream of mine to own a football club and see my
team play," he said.
If the deal is through, Ali Syed would become the second foreign
businessman to own a Spanish club after Qatar based Abdullaha bin
Nasser Al-Thani bought Malaga for a reported 25 million euros.
The Racing Santander is currently at 14th position in the La Liga
standings.
Ali Syed, who owns Western Gulf Advisory based in Bahrain and
Switzerland, made a bid in August last year for English Premier
League club Blackburn Rovers but failed to reach agreement in
negotiations.
|
|
Home |
Top of the Page |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 Top
Stories |
|
 Apex
court to examine quota for Dalit Christians, Muslims
Is denial
of the Scheduled Caste reservations to Dalit Christians and
Muslims - as available to Hindus, Sikh, and Buddhists - violative
»
Govt. should stop playing game with Muslims
'Reservation is the right of Muslims'
Muslim MPs say
reservation alone can help community
|
|
|
|
Picture of the Day |
|
 |
|
Union
Minister for Information and Broadcasting Mrs. Ambika Soni
signing on Calendar, at the Official Launch of the Dainik
Bhaskar- Junior Picasso, 2011 Desktop Calendar, in New Delhi
on January 14, 2011.
(Photo: V.
Rajan) |
|
|
|
|
Most
Read |
|
Plea to
increase welfare budget, scholarships for Muslims in 12th Plan
The pathetic plight of Indian Muslims
and their woes were narrated, discussed and debated before the
Planning
»
‘Give the Indian Muslims ten years of peace’
|
|
Only 10
people can pray at demolished Delhi mosque: Court
The Delhi High Court has disallowed a
fresh plea seeking permission to allow more than 10 people to
offer Friday prayers at a mosque that was demolished by the
authorities after being termed illega
»
Thousands offer Friday prayers at site of demolished mosque
|
|
|
|
News Pick |
|
 Malegaon
Blast 2006: CBI team in town, visits
blast sites
A CBI team led by SP range officer
arrived in Malegaon - the Muslim dominated textile town in North
Maharashtra January 20 to re-investigate the
» |
|
AMU
Students' Union Election results announced
Mr. Abu Affan Farooquee student of BA-LLB (Final) year has been
elected President of the Aligarh Muslim University Students’
»
Girls
draw a blank in AMU students union poll |
|
Husain's paintings removed from India Art Summit
Art lovers
who hoped to catch M.F. Husain's paintings at the India Art Summit
here have disappointment in store, with the organisers Friday
saying they had received at least 20 e-mails warning against
displaying the works of the
» |
|
Now
switch mobile phone operator, but keep your number
Prime
Minister Manmohan Singh Thursday unveiled a new scheme that
permits mobile phone users to change their service providers without
having to forgo their numbers in what in industry jargon is called
mobile
» |
|
 New Deoband
Chief's love for Modi fails to get Muslim approval
Rubbish, uncalled for, misleading and far from reality is what
Muslim scholars and elites have termed Maulana Ghulam
Mohammad Vastanvi's
» |
|
|
|
|
Comments
|
Quick links