Sports

Reynaldo Benito on NH Capital's entry into Casademont Zaragoza: "Always rooted in local ownership"

Casademont Zaragoza wants to keep growing without abandoning the roots that have shaped its 25-year history. At the presentation gala for the new season, the president of the red-and-blue club, Reynaldo Benito, was asked about the arrival of new investors in the project's ownership structure and defended the idea that any move in this direction would not change the Aragonese character currently guiding the organization.
Reynaldo Benito on NH Capital's entry into Casademont Zaragoza: "Always rooted in local ownership"

"This will happen in due course. We have already announced that there is an alliance and the club continues to grow, but always rooted in local ownership, a local philosophy and local origins," Reynaldo Benito explained about the NH Capital investment group, which is set to join Casademont after acquiring Zaragoza Women's Football Club earlier this summer.

In this way, the president of the Aragonese club highlighted the current philosophy that the organization does not want to lose and which must accompany Casademont's continued growth. "They will join to support us, to solidify the club and the project, and above all to keep growing," Benito said, without specifying the timetable or providing further details about the operation.

NH CAPITAL'S ENTRY

His comments came after NH Capital, a Canadian investment group that acquired Zaragoza Women's Football Club this summer, sealed a strategic alliance with Casademont. The next step would be its incorporation into the ownership structure of Basket Zaragoza 2002, with approximately 25% of the shares, in a transaction expected to be finalized in the coming weeks.

Despite this, the investment group's entry would take place through the acquisition of small stakes from current shareholders, meaning Reynaldo Benito would retain a majority share in the company. In addition to its financial contribution, NH Capital would bring the women's football club into the project, integrating it into the basketball organization's structure.

As a result, the management of both clubs would be coordinated, with Reynaldo Benito as president of Casademont and Manuel Abellán leading Zaragoza CFF, while their sporting departments would retain separate structures, with Pedro Llompart as the person in charge of basketball and Luis Aragón overseeing football.