Categories: Football

Clubs will be able to count on the first CVC payment at Christmas

LaLiga clubs will receive a financial boost before the winter market. As reported by 2Playbook and AS confirmed, the 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 AS, LaLiga plans to call a meeting to sign the agreement. This was delayed so long due to the refusals of the three absent clubs already mentioned.

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 for the next fifty years in 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.

According to 2Playbook, This payment, which will be unlocked in December, was scheduled for October but will be the biggest push of the entire agreement, since CVC will pay 40% of the total.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

Recent Posts

Isabel Preysler, escorted by her daughters and awarded with the designer Diane von Füstenberg

MUJER HOY magazine is in luck. Firstly, because it has been in the market for…

3 weeks ago

Pedro Sánchez: “Spanish football is unstoppable”

MADRID, 29 Oct. (EUROPA PRESS) - The President of the Government, Pedro Sánchez, has congratulated…

3 weeks ago

“He returned home normally after attacking a 20-year-old woman in a hotel”

The resignation of Íñigo Errejón as deputy and spokesperson for Sumar and his abandonment of…

3 weeks ago

Fernando Alonso: “The car has been transformed into a much better one”

MADRID 27 Oct. (EUROPA PRESS) - The Spanish Formula 1 driver Fernando Alonso (Aston Martin)…

3 weeks ago

the most mature look of the princess on her way to 19 years old

Oviedo 25/10/2024 - 18:58 Autumnal and very cool afternoon in this Oviedo that is about…

3 weeks ago

The 4th Class of the FEB Hall of Fame lives a “magical night” in Seville with its entry

MADRID, 24 Oct. (EUROPA PRESS) - This Thursday, the Morocco Pavilion at Expo92 in Seville…

4 weeks ago