ESPNsoccernet: Europe

Real Mallorca president Mateu Alemany and Madrid businessman Carlos Gonzalez have reached a preliminary accord for Gonzalez to buy Alemany's 93 percent stake, the Primera Liga club said on their website.

Mallorca did not specify how much Gonzalez, owner of technology consultancy Grupo Ecco, had agreed to pay but it was widely reported in the Spanish media that an offer of 5m euros ($7m) had been accepted.

Alemany was brought in earlier this year to help overhaul the club's finances. The deal was due to be finalised on July 27, the club said.