Europe news

Iniesta appeals for Albacete help

November 30, 2012
By ESPN staff

Barcelona playmaker Andres Iniesta has called for people to invest money to help save his boyhood club Albacete from extinction.

Andres Iniesta
GettyImagesAndres Iniesta: Vital performer for Barcelona

Iniesta, 28, and his family are majority shareholders at the third-tier club that are currently facing economic hardship.

In an open letter the Spain international has stated he is doing everything he can to stop Albacete folding but that the club needs more outside investment.

"Using this letter I would like to encourage everyone who has been connected with this club, former players, fans, companies and institutions to take part in the third phase of the capital increase so that we can safeguard our historic club," he wrote.

"The country is going through a very difficult economic situation and we will only resolve this situation if all of us who can make an effort."

Albacete, who have had a couple of stints in Spain's top flight, are the latest club to go through a difficult time financially as the economic crisis gripping Spain dents both revenue from ticket sales and sponsorship.

Spanish stars Santi Cazorla, Juan Mata and Michu have already put their hands into their pockets in an effort to save their former club Real Oviedo from financial crisis this season.