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https://www.malagacf.com/en/news/malaga-cf-statement-9

Quote

 

The Club announces that it has taken the decision to present an employment regulation file for the termination and/or suspension of employment contracts. Over the past few months, the Entity has been undertaking various measures to ease the difficult economic situation it is experiencing. The restructuring of the Club joins this package of necessary measures to ensure the permanence of Málaga Club de Fútbol.

The Entity thanks fans and season ticket holders for their support during these difficult times and asks for their understanding in light of this complex process that starts today and that the Entity will endure in the coming months, with the sole purpose of committing to the future of our shield.

 

Seems like they've never recovered from their financial difficulties and have had to make more cuts in the restructuring. COVID probably hasn't helped... 

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It's shit what has happened to Malaga and they are a big miss in La Liga.

When they were first bought out, all went well with all due respects and around that period, things weren't exactly going great for them as they were in threat of relegation and probably would have never return to England. They were able to attract a high class of players which took them all the way to the quarters of the Champions league, very unlucky not to progress to the semi-finals at that. After that, everything started to go wrong unfortunately.

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12 hours ago, Carnivore Chris said:

It's shit what has happened to Malaga and they are a big miss in La Liga.

When they were first bought out, all went well with all due respects and around that period, things weren't exactly going great for them as they were in threat of relegation and probably would have never return to England. They were able to attract a high class of players which took them all the way to the quarters of the Champions league, very unlucky not to progress to the semi-finals at that. After that, everything started to go wrong unfortunately.

Yep I remember that era they were allowed to attract relatively big stars at the time, around 10 years ago? Julio Baptista is a name that stands out. Cazorla, Van Nistelrooy, Joaquin, Saviola at some point too. Kameni as well who was quality in goal. I'm probably missing a few. Just goes to show though you can have star names and high-profile players but if you don't plan for the future when it all goes tits up then it's bound to end in misery. 

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1 hour ago, Stan said:

Yep I remember that era they were allowed to attract relatively big stars at the time, around 10 years ago? Julio Baptista is a name that stands out. Cazorla, Van Nistelrooy, Joaquin, Saviola at some point too. Kameni as well who was quality in goal. I'm probably missing a few. Just goes to show though you can have star names and high-profile players but if you don't plan for the future when it all goes tits up then it's bound to end in misery. 

Nacho Monreal was also good for them and Demichelis. But we obviously can't forget the young Isco either. He was class for them in his 2 seasons. Cazorla, Joaquin and Isco would be players that any team would have taken around that time, but Cazorla did leave after a year and they went on to nearly reach the semis of the Champions league, which they would have done so if VAR existed back then in their game against Dortmund.

Pellegrini as manager as well. It's actually a shame he ever left La Liga as he was perfect for Spanish football in turning a team into a competitive force. What he did at Malaga and especially Villarreal, was brilliant. Spanish football was suited to him and he should have managed Sevilla at one point, since they are a side who have been winning trophies for 15 years quite regularly with their haul of Europa leagues(and UEFA cup before the name change), Copas del rey and European Super cups, etc. He could have been the man to take them to that next step around the time they were flirting with a title challenge. I'm not sure he'd return and have the same impact though as he's fallen off since.

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Oh yeah, forgot about Pellegrini. I mainly remember his time at Villarreal mainly for that Arsenal match in the CL semi-final and also knocking out Everton in CL (sorry @RandoEFC) They had Forlan there as well and he was superb. 

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20 minutes ago, Carnivore Chris said:

Nacho Monreal was also good for them and Demichelis. But we obviously can't forget the young Isco either. He was class for them in his 2 seasons. Cazorla, Joaquin and Isco would be players that any team would have taken around that time, but Cazorla did leave after a year and they went on to nearly reach the semis of the Champions league, which they would have done so if VAR existed back then in their game against Dortmund.

Pellegrini as manager as well. It's actually a shame he ever left La Liga as he was perfect for Spanish football in turning a team into a competitive force. What he did at Malaga and especially Villarreal, was brilliant. Spanish football was suited to him and he should have managed Sevilla at one point, since they are a side who have been winning trophies for 15 years quite regularly with their haul of Europa leagues(and UEFA cup before the name change), Copas del rey and European Super cups, etc. He could have been the man to take them to that next step around the time they were flirting with a title challenge. I'm not sure he'd return and have the same impact though as he's fallen off since.

Did they have a sudden loss of financial backing? Just reading up about them at their peak and seems they sign Cazorla for €20 million from Villarreal and then sold him to Arsenal the next summer for about half of that. Seems like a bit of a firesale. 

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1 minute ago, ScoRoss said:

Did they have a sudden loss of financial backing? Just reading up about them at their peak and seems they sign Cazorla for €20 million from Villarreal and then sold him to Arsenal the next summer for about half of that. Seems like a bit of a firesale. 

I think it was to do with Financial fair play at the time, this had an impact on them and then their owners lost all interest.

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