885 Capital takes control of Leganés and names Cosín president

885 Capital has become the majority shareholder of CD Leganés after completing the purchase of a large stake previously held by Blue Crow Sports Group.The transaction leaves 885 Capital in control of 99.1% of the club, turning an earlier minority position into near-total ownership and ending Blue Crow’s four-year spell as the main shareholder.Leganés said 885 Capital had acquired 84.2% of the share capital on June 1, adding to the 14.86% they already held.The change matters in LaLiga’s second tier because it puts a new investor group in charge of sporting strategy and operational delivery at a club that has pushed hard on commercial and infrastructure development in recent seasons.885 Capital said: “The passion of the fans and the culture that surrounds C.D. Leganés has made us deeply appreciate the responsibility that comes with defending the values of this club. 885 Capital will dedicate itself to the club and its fans with a long-term vision, with a modern and data-driven growth approach.“We are grateful for the foundations that have been built and we look forward to strengthening the club both on and off the pitch.”As part of the move, 885 Capital have appointed Eduardo Cosín as Leganés president after he previously served as executive vice-president.Cosín said: “Leading C.D. Leganés is a great honour and a great responsibility. Having worked alongside this organisation and its supporters over recent years, I understand what this club means to the city, and I commit to building a future that fans can be proud of.”Leganés also thanked Blue Crow Sports Group for their work during the past four years and recognised outgoing president Jeff Luhnow for his contribution during his tenure.885 Capital described themselves as an investment firm focused on sport, technology and real estate, founded by Sudeep Ramnani and Jai Mahtani, with bases in Madrid and Dubai.They said their sports investments include stakes in the Professional Fighters League and the Baller League, pointing to a broader portfolio approach that blends team ownership with adjacent sports properties.The next steps are a June 2 press conference at the club’s stadium where Cosín is due to set out the new ownership’s roadmap, priority objectives and institutional vision for the next phase.