Royal Emirates Group buys Spanish football group

21/04/2011 - Dubai Investment News Posted by Bob Brunskill
Royal Emirates Group buys Spanish football group

Dubai-based Royal Emirates Group has confirmed its acquisition of Spanish Primera Division club Getafe.Angel Torres, the club's president, said that this landmark agreement will lead to new business relationships being forged between the UAE and Spain."In the spirit of this joint endeavour and to show the solidarity of the people of Dubai it was announced that Getafe CF will now add the tag line 'Team Dubai' to its crest," a statement read."Royal Emirates Group plans to invest heavily in inducting new blood and promoting the team in the region with the aim to make Dubai a transcending sky bridge between Europe and the Middle East."Getafe have been playing in the Primera Division since first winning promotion to the top flight in 2004. They are, however, currently battling against relegation from Spain's top flight.