Tennis

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
NEXT ON SPORT24X

 

Read News24’s Comments Policy

24.com 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
0 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
Video Highlights
Sport Talk

Live scoring

 

6 impressive camping tips

Check out these great tips that will make your camping experience so much better!

 
 

Where were you when you last felt alive?

Free outdoor yoga classes
Watch: 5 skills to improve your BMX riding
Action camera for all occasions
Tips on how to set your fitness goals
 
 
Men
Women
Love 2 Meet
Featured

Got something you'd like to get off your chest? Got a burning desire to air an opinion? If so, be sure to sign-up on Sport24's FORUM!

Latest blogs
Vote

Which is your favourite Grand Slam of the year?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

Newsletters Sign up for the Morning Glory, Super 15 and Soccer newsletters

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

Forum Have your Say on Sport24's brand new Forum!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

Blogs Yes your opinion counts. Get it out there

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