Lionel Messi completes takeover of second Spanish club this year
Lionel Messi has acquired a majority stake in the Spanish second-tier football club CD Eldense, marking his second club purchase this year. The acquisition is part of a long-term project to improve the club's sporting and institutional development.
Why it matters
Messi's transition from player to club owner represents a significant shift in the business of professional football and the influence of star athletes in club management.
Lionel Messi has become the majority owner of another Spanish club after completing the acquisition of second-tier side CD Eldense pending regulatory approval.
The 39-year-old takes over his second club in Spain this year after the purchase of UE Cornella , based in Barcelona , in April.
The former Argentina and Barcelona forward, who currently plays for Inter Miami , last month agreed a deal to acquire all the shares of Eldense held by a Colombian investment group, the previous majority shareholder.
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