European Championships

US investors take over Spanish 2nd-division club Reus

MADRID (AP) 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 euros ($5.7 million).

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