surinenglish

BlueBay appeals to Al-Thani to step aside to avoid "emergency" situation

BlueBay chairman Jamal Satli (centre) leaves court.
BlueBay chairman Jamal Satli (centre) leaves court. / Salvador Salas
  • The hotel group whose attempts at regaining control of the club are being frustrated by the sheikh, is calling for the president to step aside in the interests of the club

Yet another week has passed at La Rosaleda without action being taken to tackle the club's dire financial situation. Despite the visits of Malaga CF president Sheikh Abdullah Al-Thani's new advisers, Richard Shaheen and Owen Lynch, the club hasn't responded to La Liga's calls to take action to avoid a points deduction in the new year or, worse still, going under.

A meeting between Shaheen and the city's mayor, Francisco de la Torre, did little to allay fears. De la Torre said: "I'm worried. None of the measures that were outlined [to La Liga as part of the viability plan] are being implemented."

On Wednesday, the BlueBay hotel group, who are in a legal battle with Al-Thani over a 49 per cent share and control of the club, turned up the heat on the sheikh, calling for "serious and solvent" investors to help take the club forward in a statement issued to SUR.

The initial ruling in the 'BlueBay case' went in their favour but is pending Al-Thani's appeal. This, however, leaves them in a strong position should Al-Thani "stop wasting time in the courts which is putting the future of the club and risk" and decide to step aside.

"Once again we are reaching out with an offer to Al-Thani to try and reach an agreement that would allow us to come in and resolve the emergency that the club is currently experiencing."