19 Apr, 2023 @ 13:30
1 min read

Malaga CF owner Sheikh Al-Thani vows ‘never’ to put the club he has run into the ground up for sale

sheikh abdullah al thani sells malaga fc

SHEIKH Abdullah Al-Thani is not one to shy away from social media, but his stance on the ownership of Malaga CF has been consistent – it’s not for sale. 

The former club president has previously rejected all offers and his latest response to PSG’s president Nasser Al-Khelaifi’s interest was no different. 

The Olive Press has previously written on Al-Thani’s disastrous ownership of the Costa del Sol club.

The Qatari’s stewardship has seen them slide from Champions League quarter-finals to La Liga’s Segunda Division in the space of ten years.

Despite this, in a forceful message on Twitter, Al-Thani compared the club to a member of his family – ‘a son or a daughter’ – and vowed to hold onto it for as long as possible.

However, the sheikh’s grip on the club may not be as strong as he thinks – two legal battles could threaten his ownership. 

The first involves a longstanding claim from hotel group BlueBay, who allege that Al-Thani broke an agreement to give them 49% of his shares. 

The Supreme Court is yet to make a ruling on whether Al-Thani must divide his shares with BlueBay.

The second legal issue is criminal proceedings, which have resulted in the club being in administration for the past three years. 

The Al-Thani family face accusations of crimes such as money laundering and misappropriation of club funds. 

Until these legal matters are resolved, the future of Malaga CF remains uncertain.

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Walter Finch

Walter - or Walt to most people - is a former and sometimes still photographer and filmmaker who likes to dig under the surface.
A NCTJ-trained journalist, he came to the Costa del Sol - Gibraltar hotspot from the Daily Mail in 2022 to report on organised crime, corruption, financial fraud and a little bit of whatever is going on.
Got a story? walter@theolivepress.es
@waltfinc

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