MADRID, Dec. 12 (EUROPE PREES) –
The LaLiga Impulso project became effective this Sunday when LaLiga and CVC funds signed the agreement that was approved on Friday at the General Assembly, “setting a precedent for the future” as a “historic milestone” for football.
The employers announced in a statement the signing of the agreement for the strategic project that wants to promote the global growth of LaLiga and its clubs. The Assembly approved it on Friday with 37 of the 42 member clubs voting in favor.
“With the agreement between LaLiga and the CVC funds, the clubs will receive a total of 1,994 million euros to carry out growth and consolidation projects in terms of technology, innovation, internationalization or sports,” recalls LaLiga, “a pioneer in an operation of this type”.
The professional football association emphasizes that it is “a precedent for the rest of the European leagues and for the sports, entertainment and emotions sector”. “LaLiga aspires to become a global company with the best entertainment content. The transaction has closed at a historical valuation of 24,250 million euros, ratified by the independent experts Rothschild & Co and Duff & Phelps,” adds LaLiga.
The statement includes statements of satisfaction from the president of LaLiga, Javier Tebas. “This agreement represents a historic milestone not only for LaLiga, but for the world of football and sports. LaLiga and its clubs will have the best possible partner to anticipate the changes that will come in the future,” he said.