Recreativo de Huelva Will Be Sold for One Euro
The Recreativo de Huelva, the oldest club in Spain, will be sold for one euro after a purchase agreement for that amount between Eurosamop and the City Council of the Spanish city.
Apparently, the company has agreed to the purchase of the entire share package of the club for the symbolic amount of one euro, after the entity verifies the absence of debts by the team.
75% of the shares of the historic team are owned by the City Council, while another 23% are owned by Municipal Huelva Deporte SL.