La Voz de Cádiz newspaper reports that a group of British investors has reached a verbal agreement to take over Cádiz Football Club.
The paper says little is known about the group, but they are based in Sotogrande. One rumour mentions the name of Glenn Hoddle who is thought to have lost more than five million € in a three year adventure with Jerez Industrial.
Contracts have already been translated and the main shareholder in the club, Antonio Muñoz, is reported to be waiting for a time and place to sign the traspaso. The paper says this follows days of meetings and the exchange of documentation.
The newspaper mentions a price of around three million €
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