Real Betis
had confirmed several days
ago that current chairman, Manuel Ruiz de Lopera was in
negotiations to sell off 52% of his
shares
at the club to Sheikh Humaid
bin Rashid Al-Nuaimi for €90 million.
Spanish daily, AS has now
reported that the Emir is prepared to
invest between €400 million to €600
million on the club, a majority of which will be used to sign big
name players.
The Sheikh’s advisers and
representatives are currently studying the proposal as Al-Nuaimi is
eager to find out more about the club, such as the history, the
fans, the characteristics, and social implications before he goes
ahead with the plan. If he does purchase the club, it is believed
that his intention is to have full control of the board and
administration, but Ruiz de Lopera will be retained as the honorary
president.
Meanwhile, a Spanish television
channel conducted a survey with around 500 Betis fans outside their
training ground yesterday and the
general consensus is that most of the supporters are in favour of
sale, but they are first eager to find out more about the take-over
and about their potential future
directors.
