Jader Rizqallah, the investor who “revived” Melgar and placed it in the top 8 in South America

Jader Rizqallah the investor who revived Melgar and placed it

FBC Melgar qualified for the quarterfinals of South American Cup 2022 after beating Deportivo Cali 2-1. A few days ago, the team from Arequipa became champions of the inaugural tournament of the League 1 Betsson. Against this background, many fans and national media have praised the project that Domino has implemented and is bearing fruit.

Many fans are wondering who the person who manages this institution is. Is about Khader Rizqallah, the investor of the Rojinegros who is the main architect of the sporting achievements of this team. In this note, we share with you all the details of the businessman.

Who is Jader Rizqallah and what were his beginnings at FBC Melgar?

Khader Rizqallah was born in Peru on April 21, 1972, but has Palestinian roots. He is an entrepreneur who decided to invest in in 2014 FBC MelgarTeam in deep crisis.

Jader Rizqallah has been an investor at FBC Melgar since 2014. Photo: Broadcast

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Before his arrival, Domino was used to the relegation battle and embroiled in financial troubles. However, he organized it financially and institutionally until it became a flagship club in Peruvian football.

Khader Rizqallah’s vision

Although he is the main investor, Khader Rizqallah kept a low profile FBC Melgar over the years and was able to delegate the club’s duties to specialists.

The businessman has appointed Ricardo Bettocchi as administrator of the red-black team, giving him all the freedom to take over the economic and sporting part of Domino.

Jader Rizqallah celebrating the FBC Melgar title in 2015. Photo: FBC Melgar

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Exactly, Bettocchi gave an interview to RPP a few days ago in which he shared his vision Rizqallah and what goals does he want to achieve with the red-blacks.

“I believe the main contributor to Melgar’s moment is Jader Rizqallah. He marked a before and after of the situation Melgar has. Such people do not risk their wealth to invest in the club. We don’t have an investor who is looking for football as a vehicle for another purpose. What he wants is to win, to excel and to make a mark in Arequipa,” he said.

Key achievements of Jader Rizqallah at the helm of FBC Melgar

Since Khader Rizqallah took over the reins FBC Melgarthe team from Arequipa fought for the first places in the table and continuously qualified for international tournaments.

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Under his leadership, the Arequipa team won the title of League 1 Betsson 2015 under the technical direction of Juan Reynoso. In addition, Domino became the 2016 national runner-up and the 2017 summer tournament champion.

Jader Rizqallah celebrates with Juan Reynoso. Photo: spread

At continental level, Arequipa residents have performed well in the Copa Libertadores and the Copa Libertadores South American Cupa tournament where they have just reached the quarterfinals for the first time in their history.

Finally, another major contribution of the businessman of Palestinian descent is the decision to invest in smaller divisions. To this end, he appointed Marco Valencia, who implemented a talent acquisition method to recruit high-potential footballers from the south of the country.

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As a result of this work, Domino has promoted to his squad several young players who stand out in the main squad, such as Paolo Reyna and Alec Deneumostier.

Jader Rizqallah’s legal troubles

Despite his good management at the top FBC Melgar, Khader Rizqallah faces some legal controversies. A few years ago, the businessman was investigated by prosecutor Carol Cuba for an alleged crime of money laundering.

In 2017, the domino investor stopped this process due to a cassation by former judge César Hinostroza. However, in 2021, the Constitutional Chamber of the Lima Supreme Court declared that judgment null and void, allowing it to be re-examined if prosecutors see fit.