Saturday, June 09, 2007

Spanish team buys promotion

Next season, Spain's Second Division will have eight new teams, one of whom will be Granada 74. Granada 74 are not one of the three teams relegated from the First Division, nor are they one of the four teams promoted from the four groups of the 72-team Second Division B.

They did win promotion this summer, but that was from Regional Preferente to the 18-division regional Third Division and that's not why they're going to be in the Second Division next season. No, Granada 74 will be playing in the Second Division next season because they bought a place in the Second Division.

Well, strictly speaking they bought another club who just happened to be in the Second Division, but thanks to the new rules approved by the Spanish league (LFP) in the summer, the result has been exactly the same.

Keen to encourage investment and to offer a solution to cash-strapped clubs beyond the normal cap-in-hand dash to the town council, the LFP authorised newly purchased clubs to move base and change name. And Ciudad de Murcia owner Enrique Pina, who set up the club in 1999 and grew sick of getting little institutional support and even less real support in a city where Real Murcia are the club with a genuine tradition, wasn't slow to take advantage.

For months now, Pina has been scouting round for potential buyers for his club, knowing that what he was really selling was their place in the Second Division.

It was Granada that won out, owner Carlos Marsá buying Pina out for a figure understood to be somewhere in the region of €20m.

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