The former president of the Government of the Canary Islands for eight years and acting president of CD Tenerife, Paulino Riverosaid Friday that “I accepted the presidency without knowing a syndication agreement that almost tied us hand and foot” when the largest holder of shares in the entity because of that agreement, investor José Miguel Garridoagreed to have the presidency of the club for reasons of recognized prestige in the islands.
Rivero Baute said that as soon as he became president he encountered conditions that created a very difficult structure “to manage an entity”, and although the sports results at first “denied” the situation, it was a model”bound to fail”. Rivero assured in his speech.
Rivero assures that he chose to “fight” instead of “abandon ship”, but he knows that “any normal person can imagine what will happen”, the arrival of bad results, so the solution is “turn it from the inside, with quiet work” and talk to businessmen, “actually with Rayco García”to “invest and recover the club for the fans of Tenerife, something that has been achieved, and now “We have to hope”.
The still president of the blue and white entity emphasized that the club needs “silence” and put all his efforts “in the sporting aspect to try to save the category”, with the first team in a very delicate situation, as the only bottom of LaLiga Hypermotion.
Source: La Verdad
I am Shawn Partain, a journalist and content creator working for the Today Times Live. I specialize in sports journalism, writing articles that cover major sporting events and news stories. With a passion for storytelling and an eye for detail, I strive to be accurate and insightful in my work.
