Real Zaragoza

CSD Approves Sale of Real Zaragoza to A.Gain

The sale of Real Zaragoza has taken a new step forward, with Spain’s National Sports Council (CSD) approving A.Gain’s acquisition of a majority stake. The group’s sale was announced in July, and it has been operating the club and making decisions ever since. The approval brings the Aragonese club closer to a definitive takeover.
CSD Approves Sale of Real Zaragoza to A.Gain

The process has been significantly delayed. The group’s arrival, with stakes in several clubs including Atlético de Madrid, was announced on July 14. However, it was not until this Monday, October 26, that decisive steps were taken toward finalizing the deal. This approval was essential for the acquisition of the company’s shares, meaning Real Zaragoza remained in the same hands.

Real Zaragoza president Jorge Mas at a General Shareholders’ Meeting

The latest development is significant: the CSD has given its approval despite A.Gain’s involvement with other clubs in the country. The operation must now be completed with the formal signing of the deal, followed by a Shareholders’ Meeting to ratify the changes. At least the roadmap is now clear.

Jorge Mas and Juan Forcén remain on the Board of Directors, despite the difficult experiences of recent years at Real Zaragoza. The club’s general manager, Guido Baroli, is now working at the SAD’s offices, while Santos Nagore, a key figure representing the ownership, has been seen around the Aragonese capital.

A PRESIDENT

One important issue is the appointment of a new president of Real Zaragoza. For now, Jorge Mas remains in the role. However, he is expected to become solely a member of the SAD’s board, with a new figure sought for the position, although the role would be largely representative. This will not be a conventional presidency, as is customary at most clubs, but rather a recognizable institutional figurehead.

About this article: Originally published in Spanish by AragonDigital.es and—following a selection process by our journalists—made available to the international audience of AragonDaily.com. Both newspapers belong to companies within the ARAGON DIGITAL GROUP.