Today the future of a Spanish football in crisis is decided. The 42 First and Second Clubs meet to decide whether or not to accept the agreement with CVC. The investment fund would inject 2,700 million euros to be distributed among the clubs. A loan to be repaid in 40 years, at low interest, and change would receive 11% of the income from LaLiga's non-audiovisual businesses and 10.95% from audiovisual businesses in the next 50 years.
This rain of millions would help the coffers of the clubs, which cannot register new players, and to grow. 70% of the money will go to pay for new structures and investments, the rest will be for debt and transfers. However, this agreement must be endorsed by a reinforced majority of the Assembly. 32 votes are needed in favor of 42 possible in a vote that each club will exercise in secret.
Although this project known as 'LaLiga Impulso' was welcomed as great news, opposition has been growing in Thebes. The first was Real Madrid, which called the agreement a “deception” to expropriate the clubs of their audiovisual rights for 50 years. Then Barcelona followed and now the Federation joins.
The RFEF yesterday positioned itself against the agreement labeling it as illegal and lousy: “The rights of the clubs are heavily taxed for the next 50 years in exchange for a negligible amount. The agreement increases inequality and forgets the clubs that play non-professional competitions. We see little rigorous and very opportunistic , try to cross the borders of the law to reach a terrible and regrettable economic agreement for the future of all Spanish football “.
Before this note, LaLiga issued another refuting the Federation's arguments: “We reject the set of subjective and false opinions that the RFEF makes for free”.