Costa del Sol News
A new era begins for Juventud Torremolinos CF, one of the clubs from the Malaga province that has made significant progress in recent years and is now just one tier away from professional football. A business group from the Middle East has acquired the club, which plays in Group 2 of the Primera Federación, as announced by the club this Thursday. However, the identity of the new owning company and its country of origin were not disclosed.
Juventud de Torremolinos experienced a challenging start to the season after achieving promotion last summer to the third tier of Spanish football. There was a tense situation with unpaid wages to the squad, which was eventually resolved. With this new acquisition, it is hoped that the club's project will continue to grow, or at least stabilize at the threshold of professional football. Currently, the team is ranked 14th, with 19 points, in the lower-mid section of Group 2 of the Primera RFEF.
The Torremolinos club, founded in 1958, was owned until now by ACA Football Partners, an investment fund from Singapore. With this change of ownership, a "new and ambitious stage" in its history begins, as highlighted in a statement by the club.
"From Juventud Torremolinos CF, we want to express our sincerest thanks to all parties involved for the excellent work, professionalism, and collaboration shown throughout the sales process," the club stated in a brief note.
It adds that they are facing this new stage "with great enthusiasm and a clearly defined project, based on solid and sustainable pillars," which will have as "fundamental axes" a "strong commitment to the youth academy, investment" in its facilities, "with special attention to improving the stadium and its infrastructure, in close collaboration with the Torremolinos City Council, as well as responsible economic management, aimed at sports growth and promotion to a higher category."
The new executive team assumes their roles at the Torremolinos club starting this Thursday, after its former leaders had been in discussions for several months with various companies interested in acquiring the entity, which went through non-payments to players, coaches, staff, and the academy.
These issues did not affect the team's performance in its first season in the bronze category of Spanish football. Juventud Torremolinos occupies the fourteenth position in Group 2 of the Primera RFEF with 19 points, tied with Tarazona, which marks the relegation spots, and six points away from the promotion phase to the Second Division.
