The regional court of northern Navarra says a former president of Spanish soccer club Osasuna and two other ex-board members have been arrested. The court says Miguel Archanco, Txuma Peralta and Angel Vizcay were arrested yesterday by National Police and will likely have to appear before a judge within 24 hours.
All three are expected to remain in custody until today. The arrests come as police investigate the disappearance of at least 2.4 million euros (USD2,746,000) from the club’s coffers between November 2013 and June 2014. Current club director Pedro Baile Osasuna has acknowledged a government sports council audit last year uncovered an unaccounted-for payment made by the club.
The Buzz: 3 former directors of Spanish club Osasuna arrested
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