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Pique's Andorra moves into division vs. Barca B

2019 Rakuten Cup: Carlos Perez (59') Vissel Kobe 0-1 Barcelona.

Andorra, who are owned by Barcelona defender Gerard Pique, have bought Reus' place in the Spanish third division for almost €500,000, the Royal Spanish Football Federation (RFEF) confirmed on Monday.

Pique's company, Kosmo Global Holding, took control of Andorra in January when the club were playing in the Catalan Premier Division, a regionalised league within the fifth tier of the Spanish football pyramid.

In addition to purchasing Andorra, the Catalan has also been involved in the restructuring...

American investors buy Spanish second-division club Reus

American investors are taking over Spanish second-division club Reus, keeping it from being dissolved and dropped from the league.

The club says real estate investment bankers Russell Platt and Clifton Onolfo have purchased 99.7 percent of Reus' shares.

Financial details were not immediately released but local media say the club's debt has reached €5 million ($5.7m).

The statement by Reus on Monday says the new group plans to build an 18,000-capacity stadium and an entertainment complex.

The...