Two-time NBA MVP Steve Nash is now co-owner of football team Real Mallorca
When basketball meets football, it’s good business. It's no surprise that Nash who is a football enthusiast invested in a football team. And this time it is a pure business decision.
Every basketball fan remembers his football-style header assist to Amare Stoudemire during the NBA Slam Dunk contest. If you haven’t seen it then don’t look any further, check this clip out.
Steve Nash, a two-time NBA MVP and one of the greatest shooters of all time, has ventured into the world of club football, seeking success while mixing business with pleasure. We all are aware of Nash’s love for football and he has taken it a step further by purchasing a football club. It is not surprising to see a pro-athlete (read basketball player) become an owner , just ask Magic or MJ. This is a smart investment by Nash that will bring him as many laurels as riches.
A lifelong soccer fanatic, Nash is a diehard Tottenham fan and has been a visible face of the Whitecaps since before they entered MLS. The part-owner of the Vancouver Whitecaps since 2008 is part of a group that purchased Spanish second-division club Real Mallorca.
Steve Nash and Phoenix Suns owner Robert Sarver have bought a controlling share of the Spanish soccer team. The Mediterranean island club announced Monday that Sarver's company, also owned by Nash and Andy Kohlberg, has bought shares worth more than 20 million euros ($21 million).
Real Mallorca played in La Liga for 16 straight seasons before being relegated to the second division in 2013. The club declared bankruptcy in 2010. The club has a long history of being one of Spain's most successful and well-known sides, despite their recent history. They last won Copa Del Rey in 2003.
In order for a club to be promoted from the Spanish Segunda Divison to the Spanish Primera Division, they must either finish first or second in the league table or finish third, fourth, fifth or six to qualify for the four-team playoff for the third and final promotion spot.
Mallorca is currently in 18th place in the Spanish Segunda Division and would be relegated to the third tier of Spanish football if they finished in the bottom four of the 22 teams in the second tier.
The future first ballot Hall of Famer does know how to succeed and this is a smart business move. The team is sure to be revamped and will take energy from the new owners. It will be an enticing experience for the fans to see new blood and ideas take shape trying to take their team back to the glory days.