Three ex-Osasuna board members arrested in probe over missing cash

Published Mar. 5, 2015 9:30 a.m. ET

foxsports

MADRID --

The regional court of northern Navarra says a former president of Spanish soccer club Osasuna and two other ex-board members have been arrested.

The court says Miguel Archanco, Txuma Peralta and Angel Vizcay were arrested Thursday by National Police and will likely have to appear before a judge within 24 hours.

All three are expected to remain in custody until Friday morning.

The arrests come as police investigate the disappearance of at least 2.4 million euros ($2,746,000) from the club's coffers between November 2013 and June 2014.

Current club director Pedro Baile Osasuna has acknowledged a government sports council audit last year uncovered an unaccounted-for payment made by the club.