post

Leo FC bought by new investors

Second Division side Leo FC have been bought by new investors ahead of the second half of the 2017/18 season.

The new investors are Portuguese entrepeneur Joao Teixeira, and Indo-Canadian businessman Sanjay Arora, who each now own 50% of the club, while former owners Karl Alecio and Charles Santos will remain at the club in advisory positions.

Football Gibraltar caught up with Teixeira, who owns UK-based investment group Giovetti Group Ltd, for a few quick words about the takeover, and both their short-term and longer-term goals. Here is what the new co-owner had to say:

“In regards to our short-term plans, we have a 3-year plan where we expect to be promoted within that time and maintain our status in the top division within that time frame. However, we are realistic with our goals and want to take things step by step so our main focus now is to gain a momentum of good form for this season and use that form to go into next season fighting and ready for the new challenge ahead of us.”

“The first thing we did as a club was to install an identity and philosphy as a club. We added the following phrase in Latin to the club’s logo “Unam Clava, Sed Unam Aptat, Gens Una”. The English translation of this is “One Club, One Vision, One Nation”.

“These three principles are the backbone of our philosophy which entails the character and type of player we want representing our club (putting the club first and foremost above all, seeing the vision of this club in where it wants to be, and players coming in always to improve the team and the nation’s football in general). To conclude, our three principles state our intentions to be able to compete in Gibraltar’s highest level domestically.”

 

Leave a Reply

Your email address will not be published. Required fields are marked *