Steve Kerr grew to become a minority proprietor in La Liga’s Mallorca, the group introduced on Tuesday.
The transfer comes after group president Andy Kohlberg grew to become the bulk proprietor final month after buying Robert Sarver’s shares.
“Andy Kohlberg and I’ve been associates for a few years,” Kerr mentioned. “We have been collectively this summer season. He instructed me there was a shift within the possession group and he provided me the prospect to be a part of the brand new funding group.
“I used to be so excited, having been in Mallorca final summer season watching a recreation, following the group and changing into a fan. It was a extremely thrilling alternative and I jumped at it.”
Mallorca completed ninth in La Liga final season.