Denver Broncos fans left unhappy after owners purchase stake in Spanish soccer club
Denver Broncos owners Greg and Carrie Penner have reportedly made a minority investment in Valencia CF, a Spanish soccer league team. This comes just a year after they became the largest minority owners of the Colorado Rockies baseball team.
Denver Broncos' owners Greg and Carrie Penner have recently invested in Valencia CF, a Spanish soccer team, just a year after acquiring a significant stake in the Colorado Rockies baseball team. Valencia, currently facing financial difficulties and near the bottom of the La Liga standings, recently received a $377 million financial package to resume building their new stadium after a 16-year pause.
The Penner Sports Group joined Pitchwise Holdings to acquire a 42% stake in Valencia at a valuation of $1.4 billion, committing around $112.4 million in investments. While this financial support may benefit Valencia, Broncos fans are unhappy about the Penners' focus on foreign investments. Broncos fans expressed concerns about the Penners' priorities, questioning whether the investment is truly beneficial for the team.
The Broncos have started their season with four wins out of six games and will face the Arizona Cardinals on Sunday, hoping to maintain their second-place position in the AFC West.
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