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Another owner letting fans down

  • Like 1
Posted

it makes me more thankful that we have the reedtz brothers.

  • Like 1
Posted

This is a classic example of a wealthy person with grand aspirations who failed to deliver on his promises. The people who were supposed to benefit from Al-Thani's plans, such as those who would have been hired to work on the marina project, were left empty-handed. Al-Thani's failure to follow through on his commitments not only impacted those he promised to help but also resulted in the downfall of the football club that he owned.

It serves as a stark reminder that money alone cannot guarantee success or happiness. Ultimately, hard work, dedication, and honesty lead to success. Al-Thani's story is a warning for anyone who dreams of creating a legacy solely through their wealth. It underscores the importance of good intentions, honest dealings, and hard work in life, and the necessity of striving to achieve goals in an ethical and truthful manner.

  • Like 5
Posted

Unfortunately, football is unpredictable and good/bad intentions often ruin clubs.

  • 2 weeks later...
Posted

It's a sad story of how dreams can turn into nightmares. Malaga football club's owner, Sheikh Abdullah Al-Thani, had grand plans to turn the club into a money-means-nothing superpower, but financial fair play rules and failed investments, including a proposed 400 million euro marina in Marbella, left the club with unmanageable debts. Al-Thani was removed as club president in 2020 due to alleged misappropriation of funds, and the club has struggled on the field ever since. It's a cautionary tale of the dangers of chasing unrealistic dreams without proper financial planning.

  • Like 2
Posted

It seems like the dreams of the club's owner have turned into a nightmare. The Financial Fair Play Rules banned the club from the Europa League, which made it clear that money wouldn't necessarily bring success. In addition, the owner's plans to redevelop the marina in Marbella and create thousands of new jobs with vast profits fell apart due to financial difficulties. The owner's relationship with a business partner also soured, which led to court cases and unfavorable rulings. The football club was relegated in 2018 due to unmanageable debts and, in 2020, the owner was removed as club president due to alleged misappropriation of funds. While the club's finances have stabilized under a court-appointed administrator, the football side of the business has not improved.

  • Like 1

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