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MALLORCA

Phoenix Suns owner set to be majority share holder at Mallorca

Robert Sarver, the owner of the NBA franchise is set to secure this majority shareholding on Monday next. Utz Claassen will stay on at the island based club.

Phoenix Suns owner set to be majority share holder at Mallorca Ampliar
Owner Robert Sarver of the Phoenix Suns applauds during the game against the New Orleans Hornets at US Airways Center in Phoenix, Arizona. | Barry Gossage

Robert Sarver, owner of NBA franchise, Phoenix Suns, is set to claim a majority stake in Spanish second division side RCD Mallorca as of Monday next. Current owner, Utz Claassen has issued a share option campaign as he is keen that a new owner steps in to take over the running of the Palma based club. Sarver’s consortium, who was perusing a take-over bid last summer at Levante, is set to become maximum shareholder with a proposal of creating a major overhaul at the club and has outlined a three year strategy to secure a return to top flight football for Mallorca. It’s anticipated that Claassen will continue at the football club for the remainder of the season.

Robert Sarver is the owner of the Phoenix based NBA team and took over the franchise in 2004 along with a team of external investors. The Suns saw their fortunes revived, greatly aided by the play of Steve Nash (two year MVP) and in 2010 they reached the Western conference finals where they faced a Los Angeles Lakers team that featured Pau Gasol. Sarver has been looking to disembark into the world of European football for some time now and it appears that Mallorca may be his starting point.

 
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