Deportivo Alaves is one of the most important clubs in Spanish football history. Founded in 1921, it is the third most successful La Liga club in the Basque region. Los Babazorros is currently financially stable and running a smooth operation on and off the field. However, things weren't always like this as the club went almost bankrupt at the beginning of the last decade. Back in 2011, while the then Deportivo Alaves owners were struggling to run the operations due to a huge debt of around €21.5 million and the team was demoted to Segunda B, the Baskonia-Alaves group head Jose Antonio Querejeta stepped in to acquire the club's ownership from some local investors.
Since then, this management group, primarily owned by the Saski Baskonia basketball club, has been the Deportivo Alaves owner, with Alfonso Fernandez de Troconiz sitting at the helm as the current President of the team. Under his leadership, Los Babazorros has solidified its place in the Spanish top flight and featured in the first division nine times in the last ten years, having finished 15th in the last season. Thanks to prudent budgeting, regular sponsorship deals, and broadcasting revenues, Deportivo Alaves' financial strength is on the rise.
Any major ownership disputes have not surfaced since the Baskonia group takeover. Los Babazorros is currently looking at long-term growth, upgrading its facility, Campo de futbol de Mendizorroza, and the youth academy.
Who are Deportivo Alaves Owners?
In case you are a Spanish football fan and wondering who is the owner of Deportivo Alaves football club, then get your answer here. The Spanish outfit is owned by the Baskonia-Alaves group, a sports conglomerate. The majority takeover happened back in 2014 and the club was rescued from a debt-ridden crisis. This group also runs an elite Spanish basketball side, Saski Baskonia.
Deportivo Alaves Owners
The owner of Deportivo Alaves FC is Baskonia-Alaves group, a Spanish sports business organisation. Currently, the operations of the La Liga club are headed by the President, Alfonso Fernandez de Troconiz.
Owner
Baskonia-Alaves group
President
Alfonso Fernandez de Troconiz
Manager
Eduardo Coudet
CEO
Haritz Kerejeta
Other Sports Teams Owned by Baskonia-Alaves Group
The Baskonia-Alaves Group not only owns the majority stakes of Deportivo Alaves, but also runs Saski Baskonia, a Basketball team competing in Liga ACB and the EuroLeague. Furthermore, the company has acquired the 85% shares of the NK Istra 1961, a major Croatian football club. Also, they have expanded ownership diversity by managing a reserve basketball team Baskonia B and a multisport academy alongside a sports infrastructure network.
Advertisement
Baskonia-Alaves Group Primary Business
The Deportivo Alaves owners primarily run a sports management and entertainment company based in Spain. Their primary source of income stems from professional basketball and football teams, commercial and sponsorship endorsements and several sporting events. Apart from this, the Baskonia-Alaves group also oversees players' transfers, scouting and sales of talented football and basketball players.
Deportivo Alaves Owners Net Worth
Deportivo Alaves owners net worth can not be estimated currently, as their financial statements have not been disclosed in 2025. However, a report revealed in December, 2024 suggests that the head of the Baskonia-Alaves Group has an estimated net worth over €1.08 billion.
Year
Total net worth
2025
€1.08 billion
2024
NA
Deportivo Alaves Owners History: From Past to Present
Deportivo Alaves owners have a history of both lifting the club's status and taking it to the lowest since the club's official inception as a football club in 1921. In the beginning of the dawn of the Spanish outfit, it was largely community-backed and saw countless financial struggles and sporting highs. However, things began to change at the Basque club after 1990 when private investors started to invest money to gain partial ownership of the club, and it was that time when Alaves briefly started to leave their footprints across all tournaments, including the 2001 UEFA Cup, where they finished as runners-up.
A Ukrainian-American businessman Dmitry Piterman purchased a 51% stake of Los Babazorros in 2004. The Basque club finally found its place back in La Liga and seemingly found a system to keep all pieces steady. But a mass debt, irregularities in management, and staff conflicts forced Piterman to sell his shares in 2007, leaving the club staring at an unprecedented future. Jose Antonio Querejeta-led Baskonia-Alaves group took over the club in 2011 and became the official owners in 2014. Since then, this group has been the Deportivo Alaves owner so far.
Team owner
Tenure
Local community
1921-1990s
Private investors
1990s- early 2000s
Dmitry Piterman
2004-2007
Baskonia-Alaves Group
2011- present
Deportivo Alaves Owners History: From Past to Present
Advertisement
Frequently Asked Questions
Who are Deportivo Alaves Owners?
+
The current Deportivo Alaves owners are Baskonia-Alaves group.
How much is Deportivo Alaves Net Worth?
+
The estimated Deportivo Alaves net worth is €1.08 billion.
Who are the major shareholders of Deportivo Alaves?
+
The major shareholders of Deportivo Alaves are the Baskonia-Alaves group.
Who was the first owner of Deportivo Alaves?
+
The first owner of Deportivo Alaves are the local community and businessmen of the Basque region.
What is Deportivo Alaves owner primary business?
+
The Deportivo Alaves owner primary business is to run football and basketball clubs alongwith the management of players' transfers.