The project will be marked by the desire to provide the club with a team with the ability to compete with the best, create infrastructure to improve services to fans, as well as create synergies between the different clubs owned by investors that promote sports development , financial, commercial and brand.
The second division Spanish club announced that more than 51% of the share capital had been acquired by investors including brothers Jorge and José Mas, Joseph Oughourlian (pictured), Gustavo Serpa, Jim Carpenter and Jim Miller.
According to reports in Spain, the ownership group will take up to 91% of the Real Zaragoza shareholding, with Sanllehí to be installed as CEO.
He left as Head of Football at Arsenal in 2020.
The takeover agreement is subject to Real Zaragoza staying in the second division this season (they are 13 points above the relegation zone) and the authorisation of the operation by Spain's Higher Sports Council.
The Mas' own Inter Miami, along with David Beckham, while Oughourlian and Serpa own RC Lens in France and Millonarios FC in Colombia.
Carpenter is Chairman of investment bank RMG, while Miller is a Partner at Ares Management Corp which invested $150m in Inter Miami in September 2021 when the Mas' and Beckham bought out Marcelo Claure.
In a statement, Real Zaragoza said: "The new management team arrives with the aim of building a Real Zaragoza that returns to the elite of Spanish football, with full integration into Zaragoza values being another of the hallmarks of this new stage. The club is a heritage of Aragon and, therefore, the project will have the maximum respect for the memory of the entity and its Aragonese roots, where the local links that the entity already has will be maintained and strengthened, in addition to working on the internationalisation of the club and with it the city.
"All areas will be reinforced with highly experienced professionals in their respective specialties, seeking the goal of growing in all areas under the premises of professionalism, effort and teamwork. The project will be marked by the desire to provide the club with a team with the ability to compete with the best, create infrastructure to improve services to fans, as well as create synergies between the different clubs owned by investors that promote sports development , financial, commercial and brand."
Real Zaragoza, six-times winner of the Copa del Rey, and winners of the UEFA Cup Winners' Cup in 1995, spent the majority of their history in La Liga, although they have not played in the top-flight since 2013.