Abu Dhabi based investor Hasan Abdullah Ismaik, has acquired 49 per cent of German soccer club 1860 Munich for $25 million.
Ismaik, 34, through his investment firm Marya, is ready to invest total $47 million into the ailing second division club which were one of the founder members of the Bundesliga, but relegation in 2004 has left it with severe financial difficulties.
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More details follows
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