Levante UD, one of Spain’s oldest football clubs, has completed the sale of its women’s team for €4.5 million as part of a major financial restructuring plan aimed at reducing its €127 million debt and securing long-term stability.
The transaction, a key element of the club’s recovery strategy, transfers ownership of Levante Femenino to a new investor group, separating it from the club’s wider sporting operations for the first time. While the full details of the agreement remain undisclosed, sources indicate that the deal is designed to inject immediate liquidity and reduce operational costs at a time when the club faces significant financial strain.
The sale forms part of Levante’s broader restructuring programme, which could cut its overall debt by more than half within the next eight years. The plan seeks to stabilise the club’s financial position and avoid the threat of formal insolvency proceedings.
Levante Femenino, one of Spain’s most established women’s football teams and a founding member of Liga F, has maintained a consistent presence in the top division, even competing in European tournaments as recently as 2021.
Interest in independent ownership of women’s teams has grown rapidly in recent years. Levante’s move follows similar developments at Valencia and Espanyol, where women’s football operations have been spun off into separate entities. Liga F’s updated licensing rules and its drive for greater commercial independence have made women’s football increasingly attractive to investors seeking entry into Spain’s expanding sports market.
The restructuring is being led by Levante owner and CEO José Danvila, who is converting €13.8 million of his personal loans into equity. The club has also reached new agreements with creditors, including a €2.9 million interest reduction negotiated with financial advisory firm Rothschild.
Through asset sales, player transfers, and future broadcast revenues, Levante aims to reduce its total debt significantly over the coming years. The club’s management hopes the women’s team sale will help stabilise finances while ensuring Levante Femenino continues to compete at the highest level.
