Andrés Iniesta saves boyhood club by paying €240k of player wages
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Spain and Barcelona star Andrés Iniesta has stepped in to prevent his old club Albacete get relegated to the fourth tier of Spanish football.
It is reported in Spain that the cash-strapped Segunda Division B outfit were on the verge of administrative relegation after being unable to pay player wages.
A shareholder at his boyhood club, Iniesta coughed up €240,000 to pay the outstanding wage bill and ensure Albacete will stay in Segunda Division B.
This is not the first time Iniesta has come to the rescue of Albacete, having made large contributions like this in the past.
In 2011, the 29-year-old paid €420,000 to help the financially struggling club and earn him a majority share in the club, with his father José Antonio appointed on the board of directors.
Iniesta joined Albacete's youth system at just 10 years of age, and played there for two years before joining Barcelona's La Masia in 1996.
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| Andrés Iniesta's winery, Bodega Iniesta, is currently the main sponsor of Albacete Photo: Albacete Balompié |
It is reported in Spain that the cash-strapped Segunda Division B outfit were on the verge of administrative relegation after being unable to pay player wages.
A shareholder at his boyhood club, Iniesta coughed up €240,000 to pay the outstanding wage bill and ensure Albacete will stay in Segunda Division B.
This is not the first time Iniesta has come to the rescue of Albacete, having made large contributions like this in the past.
In 2011, the 29-year-old paid €420,000 to help the financially struggling club and earn him a majority share in the club, with his father José Antonio appointed on the board of directors.
Iniesta joined Albacete's youth system at just 10 years of age, and played there for two years before joining Barcelona's La Masia in 1996.
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