Xerez earn righ to stay
ByReuters
Published 11/08/2009 at 10:55 GMT
The Spanish football league have backed newly promoted Xerez's right to compete in La Liga next season, the Andalucian club have said.
Local rivals Real Betis, who were relegated to the second division in May, had written to the LFP asking them to investigate media reports of alleged irregularities linked to a capital increase Xerez undertook in 2002.
Xerez said in a statement the LFP and the Spanish sports ministry had rejected the challenges from Betis, and third-tier Alaves, as "inadmissible and without value".
If Xerez had failed to meet the financial requirements needed to compete in the top flight, there was a chance Betis and Alaves could have won a reprieve from relegation.
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