Nadal sells shares in Mallorca

2011-12-20 08:56
Rafa Nadal (AP)

Madrid - Tennis world number two Rafa Nadal and his uncle Miguel Angel Nadal sold their 10 percent shareholding in Spanish football team Real Mallorca on Monday, the club said in a statement.

German businessman Utz Claassen bought the shares to increase his stakeholding to 20 percent.

Nadal, a Real Madrid fan who lives on the Mediterranean island, had joined a consortium that invested in financially troubled Mallorca in 2010.

His uncle Miguel Angel, a former Spain and Barcelona defender, became then coach Michael Laudrup's number two, but when the Dane resigned in September Nadal openly criticised the board's handling of the matter.

Mallorca, now coached by Joaquin Caparros, are in financial administration, lie 14th in La Liga and trail 1-0 going into Tuesday's King's Cup last-32 second leg at Sporting Gijon.

Read more on:    rafa nadal


Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.
Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Sport Talk

Live scoring

Most Read


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

Wales wary of Giteau threat
LIVE: Canada 8-0 Romania
LIVE: Fiji v Uruguay
Habana proud of spirited Springboks
/World Cup
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...


Take a photographical trip down memory lane and remind yourself of how the Springboks fared in their five previous Rugby World Cup campaigns. In addition, pick your all-time Springbok Rugby World Cup Dream Team and you could win R3 000!

Latest blogs

Which is your favourite Grand Slam of the year?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.