Playtomic Co-founder Félix Ruiz Takes Control of Puerto Banús Bullring

The landscape of Puerto Banús will change substantially with the disappearance of one of its most iconic elements: the bullring. Marbella entrepreneur Félix Ruiz, known for being one of the founders of the social network Tuenti and currently leading companies such as Playtomic and Auro Group, has, along with another partner, taken control of the company that owns the bullring. Their intention is to demolish it, if the City Council authorizes it, to promote a new real estate project "in accordance with the urban legal framework," which classifies the land as facilities.

The operation has been channeled through the company VTC Mobility, which is 50% owned by Félix Ruiz and Luxembourg Finance House, a firm represented by Álex Villaverde, a Spanish-Dutch businessman also based in Marbella. Through it, both have acquired most of the shares of the company Plaza de Toros Puerto Banús SA - whose sole administrator was until now Emilio Rodríguez - for an amount that has not been detailed. The bullring was built 55 years ago and has long since stopped hosting bullfights, focusing in recent years on organizing concerts and other shows.

"VTC Mobility is committed to developing a real estate initiative that aligns with the current urban planning legal framework and that brings significant benefits to the local community. The current bullring, located in the heart of the project land, has been identified as a major source of noise in a luxury residential area. VTC Mobility recognizes the impact this has on residents and has set out to transform the space into a vibrant and harmonious asset for Marbella," state the representatives of the purchasing company.

"Our involvement in this project in Marbella marks an exciting milestone for us, as we expand our presence in the dynamic Spanish market," says Félix Ruiz. "We are committed to creating a development that not only complies with all urban regulations but also actively contributes to the well-being of the community, addressing existing concerns such as noise pollution," he adds.

For his part, Álex Villaverde, representing Luxembourg Finance House, adds: "This investment reflects our confidence in the potential of Marbella and our commitment to responsible development. We look forward to working closely with the City Council and neighbors to carry out a project that generates a lasting positive impact."

Both assure that VTC Mobility will work "in close collaboration with both the city council and the residents of the area throughout the development process" of the future project, of which they will provide more details "later." "This collaborative approach will ensure that the new activities planned for the space are carefully integrated and bring maximum benefit to the community," they consider. A sports facility could, for example, fit with the urban classification of the plot.