Soccer Club With 200 Fans Earns $14 Million From Transfers
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A Uruguayan soccer club led by a U.K. racehorse owner has an unusual sideline: trading elite South American players who never appear in a game.
Deportivo Maldonado SAD, which plays in Uruguay’s second-tier championship, was set up in 2010 when Malcolm Caine and London-based lawyer Graham Shear became president and vice-president, according to company registry documents obtained by Bloomberg News in Montevideo. Maldonado had previously operated as a member-owned club since 1928.