The Barcelona Dragons have announced that Elite Sports Equity, an investment firm that has brought together a powerful ownership group that includes Super Bowl XLVIII MVP Malcolm Smith, has bought a 60% holding in the team.
Other members of the group are technology entrepreneur Jason Robinson, Marcelia Freeman and Los Angeles based real estate developer and former golf professional Martin Roache.
The Dragons released the following statement:
“The agreement between the two parties represents a major step forward in every way over the next few years. This union between both entities arises with the objective of uniting the passion for American football based on the values of sharing the same way of being and understanding life and sport. In this way, both will share interests and grow together through the contributions fo both brands.
“Thus, the group of investors will become the majority partners and the franchise will ensure economic stability that will allow it to continue competing at the highest level of performance in the European League of Football.”