Categories: Football

The LaLiga Assembly ratifies the agreement with the CVC fund

The LaLiga Assembly held this morning in Madrid has ratified the agreement with the CVC fund. 37 of the 42 clubs have voted in favor, four against and one abstention. Although the vote is secret, Real Madrid, Barcelona and Athletic have voted against and they have been joined by a Second Club club that would be Ibiza. The abstention would also be of a club of Second that would be the Oviedo.

Real Madrid, Barcelona and Athletic have been present at the Assembly. For Barça, Mateu Alemany participated although he did so telematically, while for Madrid José Ángel Sánchez attended and Athletic was Jon Berasategi. All three showed their opposition to the agreement with the CVC fund.

Following the ratification of the agreement with the CVC fund, the clubs will receive a total of 1,994 million euros to undertake growth and consolidation projects from the sporting and business point of view. In a few weeks, the clubs will receive 400 million euros.

“We are facing a new milestone in the history of LaLiga and the clubs. We are proud to have reached this agreement with CVC, a project that will allow us to continue the transformation towards a global digital entertainment company, strengthening the competition and transforming the experience. of the fans, “he said Tebas tAfter the Assembly, to add that “despite all the obstacles that we have encountered along the way, we have carried out this project, which will be a before and after for LaLiga clubs, which will be able to improve their infrastructures, develop its brand internationally and take giant steps to continue strengthening sport and football around the world. “

Real Madrid, Barcelona and Athletic They presented their plan that would provide the same amount of money to the clubs as with the CVC fund: 1,994 million euros through a loan from JP Morgan, Bank of America and HSBC to be repaid in 25 years. After the ratification of the agreement with the CVC fund, it isThe three clubs plan to go to court to challenge this agreement.

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.

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