Ahsan Ali Syed, the founder and chairman of investment company Western Gulf Advisory who became Racing's majority shareholder at the end of last month, told Reuters that buying into the club had been "a dream come true" and insisted there was room for a third force in Spain.
"When La Liga is watched all across the world today the first two teams that come to mind are Real Madrid or Barca," Ali Syed said in an interview at his luxury hotel suite in Santander on Spain's north coast.
"As I have already said in public, I will provide everything possible to see Racing grow in the world of football," he added, sitting in a plush armchair with his entourage and team of bodyguards looking on.
"So I am sure there is a place for a third one. It's all about proving your talent in 90 minutes on the field. Whoever plays best will win.
"There exists a lot of potential for Racing to be competitive with these two lovely teams (Barca and Real) who are always playing good, entertaining football."
Ali Syed's takeover of the cash-strapped club, which he said had been "struggling" financially but was "not completely sick", was finalised two days before the end of the January transfer window.
"When we have more time in the summer, we'll definitely get some more talent into the squad," he added.
"That does not necessarily mean that if you are very aggressive, with huge money pouring into the club, the club will do wonders, that is not the case.
"But I personally feel that I want to make this club grow slowly, steadily but strongly, so that it can sustain whatever position it reaches for a longer time."
"I love a lot of players, possibly I cannot get all of them," he said.
"But when the time comes, I will definitely disclose my love and affection for particular players.
"I have not earmarked (cash) as such and as I have said already I don't want to be very aggressive.
"But we want to get good talent. How much the talent would be worth is for the te
