Lorenzo Sanz - Later Years

Later Years

Sanz has recently announced that he will put himself up for election once again for the vacant President's position at Real Madrid, losing it to Ramón Calderón.

On July 2006, Sanz purchased Málaga Club de Fútbol. He sold the club in 2010 to an Qatarian investor.

In May 2008, it has been reported that he is looking to buy Italian club Associazione Sportiva Bari, and that the Bari owners have given him 10 days to close the deal, which is rumored to be around €15 million.

On September 2008, he was briefly jailed charged of fraud by a bank after trying to get paid a fake cheque. The complaint was withdrawn on December 2008.

On 11 November 2009, it was reported by Spanish newspaper El Pais that Sanz was arrested trying to smuggle artwork out of Spain.

Read more about this topic:  Lorenzo Sanz

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