Granada calls a shareholders’ meeting to analyze its situation

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Granada calls a shareholders’ meeting to analyze its situation

The president of Granada C.F.Chinese businessman Rentao Yi, has called an Extraordinary General Shareholders’ Meeting for Wednesday, June 29, to analyze the situation of the club after its relegation to LaLiga SmartBank.

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Criticism for his management

This call comes after the relegation of the team has triggered numerous criticisms from different sectors of Granada towards the leaders for their management and also the dismissal of the sports management of the entity they led Pep Boada.

This extraordinary meeting of shareholders of the Granada club, which will be held on June 29 at the Nuevo Los Cármenes, has as its first item on its agenda the ‘Review of the situation after the relegation of the men’s first team to LaLiga SmartBank’.

The second, according to the Grenaderefers to the ‘Delegation of powers’, which could result in some significant change in the structure of the club.

The Granada Association 5001in which all the small shareholders of the Granada CF SADhas already announced the holding of a previous meeting between its associates to agree on the position that its representatives will take to this general meeting.

These small shareholders issued a harsh statement a few days ago against the ownership of the club, which belongs to the Chinese business conglomerate DDMC of which he is also president Rentao Yihead of the Grenade.

In it they described as “disastrous” the management carried out by the club’s leaders in the last campaign and warned that they will be “vigilant” to “denounce” any action that is detrimental to the Grenade.

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