Spain's Club Gimnastic Manresa has been purchased by sports investment firm Kosmos, which is owned by FC Barcelona defender Gerard Pique. The club will be renamed as the Spanish Football Federation (FFB) and its new owners have pledged to invest €100m (£85m) in improving facilities at their home ground La Rosaleda.
Spain's Club Gimnastic Manresa has been purchased by sports investment firm Kosmos, which is owned by FC Barcelona defender Gerard Pique. The former Spain international will take a controlling stake in the club, which will become a Sports Public Limited Company and convert into an affiliate of third-tier side FC Andorra, which Kosmos bought in January.