Loading...
Loading Live Scoring...
*All times CAT (GMT+2)
days
:
hours
:
minutes
:
seconds

Football | Spain

Real Madrid © Reuters Images

Real buy stake in crisis-hit Oviedo



Real Madrid have invested €100 000 in a capital increase launched by Real Oviedo as the struggling former top-flight club tries to raise cash to stay afloat.

Real director general Jose Angel Sanchez had informed Oviedo president Toni Fidalgo that the world's richest club by income, with annual earnings of more than €500 million, had decided to help out their Asturian rivals, Oviedo said in a statement on their website (www.realoviedo.es).

Oviedo were relegated from the first division in 2001 after a club-record 13 seasons in the top flight and dropped down to the Segunda B, or third tier, two years later.

Financial problems, including delays in wage payments to players, resulted in a further level for two seasons before they returned to Segunda B.



Comments

More expert analysis and opinion from Sport24
The opinions expressed by Sport24 experts and bloggers are theirs alone, and do not necessarily represent those of SuperSport

Event Streaming

Channel Streaming

Other Live Streaming

Event Streaming

Channel Streaming

Sports Talk



Calvin Emeka Onwuka
Wenger confident; Conte confused
When Arsene Wenger pitched up at Highbury 20 years ago no one thought he would stay this long.

Sunday Oliseh
Latest Pep win over Mou means more
It was a highly awaited derby encounter, pitting two of the richest clubs in the world against one...

Dr Errol Sweeney
Ref Halsey revelations shocking
“The ref robbed us.” “We wuz robbed.” “Ref, you’re a cheat,” or in my case as uttered by the former...

Segun Odegbami
Jose Mourinho Versus Pep Guardiola
It is still morning in the 2016-17 EPL football season. There is still a long way to travel in the...