Qatari businessman Abdullah bin Nasser Al Thani has been removed as president of Spanish club Malaga for six months on a series of charges including alleged illegal appropriation, a regional court said.
The alleged charges, which also included conduct 'causing unfair prejudice and improper management', were brought by a group called The Association of Small Shareholders of Malaga CF, Reuters reported on Thursday.
The judge investigating the case ordered a judicial administrator – Jose Maria Munoz – to take care of administration at the club during the period.
Al Thani purchased Malaga in June 2010 for a reported €36 million (Dh142m), investing money into the club to pay for a series of big-name signings including Ruud van Nistelrooy, Santi Cazorla, Isco and Julio Baptista.
The signings helped the club finish fourth in La Liga in 2012 and qualify for the Champions League for the first time. However, they were forced to sell many of their top players shortly after the season ended due to financial difficulties but still reached the quarter-finals of Europe's top competition, losing 3-2 on aggregate to Borussia Dortmund.
Malaga were relegated in 2018 and are currently 15th in Spain's second division.
COMPANY PROFILE
Expert input
If you had all the money in the world, what’s the one sneaker you would buy or create?
“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett
“If I had all the money, I would approach Nike and ask them to do my own Air Force 1, that’s one of my dreams.” Yaseen Benchouche
“There’s nothing out there yet that I’d pay an insane amount for, but I’d love to create my own shoe with Tinker Hatfield and Jordan.” Joshua Cox
“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite
“I’d stir up a creative collaboration with designers Martin Margiela of the mixed patchwork sneakers, and Yohji Yamamoto.” Hussain Moloobhoy
“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra
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