NewzAntonio Álvarez has resigned from his position as president of the Ecuadorian football club Barcelona amid an ongoing judicial investigation. The resignation occurs as the club navigates a severe institutional crisis involving allegations of money laundering against Álvarez.
Authorities have ordered the capture of Álvarez in connection with the financial probe. The developments surrounding the club's leadership and the legal proceedings against its president took place in Guayaquil, Ecuador, on August 6.
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