Granada CF has reached a preliminary agreement for the sale of the majority of its shares, 98.13%, to a US group. The investment fund Big League Advantage, led by former athlete Michael Schwimer, is finalizing the acquisition, pending some bureaucratic procedures for its completion.

What happened?

The move will involve the arrival of Ignacio Beristain as chief executive of Granada CF. Beristain, a Spanish executive who was president of Estoril and Río Ave, Portuguese teams, will join the club to help improve its financial and sporting situation.

Why is it important for Granada CF?

The sale of the majority of Granada CF's shares ends the uncertainty surrounding the club, which had been without any news on signings for the first team for months. The operation also involves an injection of capital that will allow the team to improve its financial situation and expand, to some extent, the cost limit of the squad.

What's next?

Granada CF, currently in 14th place in the Segunda División, with 48 points, 12 wins, 12 draws and 18 losses in 42 games, and a goal difference of -6, is looking to improve its sporting situation. The team lost its last 5 games, and its last win was on May 30, 2026, when it lost to Sporting Gijon 1-2. With the new ownership, Granada CF is looking to strengthen its team and improve its position in the league.