10-D, key date for whether the CVC agreement goes ahead

Next Friday, December 10, is a date marked in red on the agenda of LaLiga. According to the journalist Álvaro Benito in ‘El Larguero’ by Cadena SER, on the aforementioned date: “The LaLiga assembly is going to be held, which must decide whether or not to go ahead with the millionaire agreement with CVC. There is such great tension in LaLiga, that according to sources close to clubs, there are a dozen First and Second teams that have doubts. 39 teams are in favor, 10 with doubts and three against (Athletic, Barça and Madrid). Of those 2,000 million originating, LaLiga wants there to be 400 million euros more and that they would reach an interest of 6% before. This agreement has to be approved on Friday. If the agreement is signed, the president of LaLiga, Javier Tebas, would be the president of LaLiga Impulso for seven years, having control of television rights “.

Dani Garrido, director of ‘Carrusel’, He said on the subject: “We do not count that 10 clubs are going to back down and adhere to the agreement between Madrid, Athletic and Barça. It is said that there are at least 10 clubs that have asked what this agreement is about to see if they may be interested or not. On December 10 it will be seen whether or not the names and surnames of those clubs are so. “

For Jordi Martí, collaborator of the SER program: “Curves are coming. Madrid, Barça and Athletic felt mistreated with the CVC agreement. Madrid and Barça asked for a greater distribution of the cake. They say they represent more than 50% of the value of the League. They believed that the agreement with CVC underestimates the competition. Now it seems that they prefer the 2-3% loan formula and understand that this formula does not mortgage their television rights. Do not mortgage your main asset. The backdrop is an open Super League that Real Madrid and Barça dream of “.

AS reported in November that LaLiga clubs will receive an economic boost before the winter market. As reported by 2Playbook and was able to confirm AS, LaLiga teams that signed the agreement with CVC will receive the first payment before the end of the year. They will be all except Barcelona, ​​Real Madrid and Athletic, who decided to reject the operation. According to this newspaper, LaLiga plans to call an assembly (December 10) to sign the agreement. This was delayed so long due to the refusals of the three absent clubs already mentioned. LaLiga needs 22 of the 42 First and Second clubs to support the initiative for the agreement with the British fund to go ahead.

This agreement consists of CVC taking approximately 10.95% of LaLiga HoldCo, which will control sponsorships, licenses, LaLigaSportsTV and different areas. In addition, it will also participate during the next fifty years in a part of the profits generated by audiovisual rights. The percentages, according to 2Playbook, are yet to be closed. In return, the clubs that accepted the agreement will enjoy an injection of between 2000 and 2.1 billion euros.

While in the last hours, Real Madrid, Barcelona and Athletic have sent a letter signed by their presidents, Florentino Pérez, Joan Laporta and Aitor Elizegi, to the rest of the professional clubs of the First and Second Division presenting an alternative financing proposal to the that in its day promoted LaLiga (This one, from CVC, called Proyecto Impulso). In the letter, to which you have had access AS, Madrid, Barcelona and Athletic present another possibility, “Sustainable Project”, in which they outline a very different scenario while maintaining that it is much less burdensome for the coffers of the clubs. Javier Tebas, president of LaLiga, has already disqualified this alternative plan.