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A YOUNG BILLIONAIRE FROM GHANA PLANS TO PURCHASE A DOMINANT SPANISH FOOTBALL TEAM.

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11 months ago



A young billionaire from Ghana plans to purchase a dominant Spanish football team.

The CEO of the Pribet Group of Companies, Mr. Prince Tetteh, is about to purchase a sizable 60% share in the Spanish football team Ourense FC.


Negotiations have progressed with the assistance of a consulting group that includes well-known figures from the football and legal industries. Mr. Prince Tetteh's interests are represented by Mr. Julio Vazquez Dominguez, former Real Madrid and Liverpool player Antonio Nuñez Tena, and well-known football activist and attorney Ms. Laura Vazquez.

The club's president, Mr. Camilo Diaz, welcomed the business magnate with warmth and took the time to inform him of the club's operations and give him a tour of the stadium and gallery room, where the team had won numerous trophies.


Gonzalo Pérez Jácome, the mayor of Ourense, praised Mr. Tetteh's possible engagement in the team and expressed optimism for further chances for young African players to join the team and others around Europe and Spain.


Mr. Tetteh received high accolades as a thank you from the community, indicating their appreciation for his possible collaboration with the club.

To observe the excellent activities and to understand the path forward for enhancing and promoting the club, he also invited Mr. Augusto César Lendoire, the former president and owner of Deportivo La Coruna.

The Pribet Group of Companies, headed by Mr. Prince Tetteh, is a diverse conglomerate with activities in Europe and Africa that specializes in energy generation, fuel importation, multimedia, construction, civil engineering, agriculture technology, and ICT solutions. Interestingly, his company supplies electricity to the whole country of Guinea-Bissau as the local partner for Karpower.

President Nana Addo Dankwa Akufo-Addo designated him as Ghana's consul to Guinea-Bissau in 2021, demonstrating his commitment to serving and representing his nation in diplomatic roles.

Ourense CF, formerly known as Ponte Ourense Club de Fútbol, changed its name in 2014 after CD Ourense was dissolved. It was founded in 1977. The team plays in Segunda Federación - Group 1, and Estadio O Couto can hold up to 5,659 spectators for a match. The squad is currently ranked second in their league.


In line with his previous endeavors in some areas, this possible partnership offers Mr. Tetteh a noteworthy chance to lend his commercial sense to the team and possibly raise the profile of young African players in European football.

The purchase of Ourense FC shares has the potential to benefit both the team and the larger football community in terms of growth and development.

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