Iniesta asks for help to save boyhood club

Soccer November 29, 2012

Iniesta asks for help to save boyhood club

Photo: AP Andrés Inieta, del Barcelona, celebra tras anotar frente al Levante, en un cotejo de liga disputado en Valencia, el domingo 25 de noviembre de 2012. El jueves 29, Iniesta quedó entre los finalistas para obtener el Balón de Oro (AP Foto/ Alberto Sáiz)

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ALBACETE, Spain (AP) — Spain midfielder Andres Iniesta is asking for help to save his boyhood club Albacete from bankruptcy.

In an open letter published Thursday on Albacete's club website, the Barcelona star said "I would like to encourage all the people linked to the club (...) to purchase shares so we can save this historic club."

Albacete, located in southeastern Spain, needs to raise €3.7 million ($4.8 million). Shares cost €60 ($78) each. Iniesta played at Albacete before joining Barcelona's youth academy. He became Albacete's maximum shareholder last December when he bought €420,000 ($545,000) worth of shares in the club.

Albacete was relegated from the first division in 2004-05 and slipped to the third division last season. Fellow third-tier team Real Oviedo was recently saved from ruin by a similar fundraising campaign.

Subjects
- Sports,
- Soccer,
- Professional soccer,
- Men's soccer
People
- Andres Iniesta
Locations
- Spain,
- Western Europe,
- Europe
Organisations
- FC Barcelona

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