The ownership of Las Palmas is at stake

Judge Díaz Tejera admits Ramírez's appeal that his actions be presented as a guarantee before the high bail that is requested.


The president and maximum shareholder of Las Palmas, Miguel Ángel Ramírez Alonso, has received a new legal nod. It happens that, as reported by Canarias Now, Judge Arcadio Díaz Tejera, head of the Court of Instruction number 8 of Las Palmas de Gran Canaria, admitted part of the businessman's appeal so that his actions in the UD were admitted as collateral before the bail that weighs about him.

Ramírez owns 63% of the property of Unión Deportiva through Sport Trade Capital, an entity of which MÁR itself owns 100%, as reported in this media, and which has also been accepted as endorsement.

Díaz Tejera would have already demanded that the mandatory appraisal of Ramírez's shares be carried out to obtain their market value, thus denying the magistrate the request of the economic crimes prosecutor, who requested at the time that the Las Palmas shares not asked to be recorded as a guarantee. In the absence of knowing this assessment, MÁR has already deposited guarantees worth 18.5 million euros, 3.5 in cash in the Court itself and another 15 through certain guarantees in the Social Security.Origin.

These judicial decisions originate in October 2020, when Díaz Tejera demanded the opening of an oral trial against Héctor de Armas and Ramírez himself for alleged crimes before the Public Treasury and Social Security. This request came to collation of the management of both at the head of Security Integral Canaria, in addition to the requirement that both deposit bonds worth 50 million euros as collateral before the criminal responsibilities that could derive from this cause.

In turn, the Las Palmas Prosecutor's Office requested 21.5 years in prison and a fine of 105 million to Ramírez for an alleged fraud of 37 million euros, between 2012 and 2017, through the aforementioned Comprehensive Canary Islands Security.

Ramírez has now gotten away with it, as a resolution of two months ago alleged that his actions were insufficient to mitigate the effects of the bond that weighs on him.

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