American investor Jorge Mas is considering leaving the presidency of Real Zaragoza following the relegation to Primera RFEF. His absence from the club's day-to-day operations has caused reputational damage that he seeks to avoid. Although he would maintain his financial backing and ownership, a replacement in the position and a restructuring of the board are being studied to reorganize management without implying divestment.
Directive restructuring with a remote management model 🏢
The operation seeks a new executive president and a general manager to take over local management, while Mas remains the owner from a distance. This remote control model, common in investment funds, requires a clear reporting structure and delegation of powers. The challenge is to implement an efficient organizational chart that allows decision-making without the physical presence of the majority shareholder, a governance challenge in a football club.
The ghost owner and the club of horrors 👻
Mas has discovered that being president of a football club involves more than sending an email from Dallas. He is now looking for someone to do the dirty work: go to the stadium, endure press conferences, and explain why the team plays in the Third Division. Like in those companies where the boss only shows up for the Christmas photo, Zaragoza needs a rent-a-soul to take the boos.