Categories: Sports

The LaLiga Executive Committee unanimously approves LaLiga Impulso

The fourteen clubs that make up this body have ratified their support for the agreement with CVC

The agreement will be presented to the 42 clubs at the Assembly on December 10

MADRID, 1 Dic. (EUROPA PRESS) –

The 14 clubs that make up the LaLiga Executive Committee have unanimously ratified their support for LaLiga Impulso, the strategic agreement reached with the CVC investment fund to promote the global growth of LaLiga and its clubs, the club’s employers’ association reported in a statement.

The LaLiga Impulso agreement, which was already unanimously approved last August, has been reformulated to adapt it to the participation of 39 of the 42 LaLiga clubs – all except Real Madrid, Athletic and FC Barcelona – that have joined the same.

This adjustment does not modify LaLiga’s economic valuation, which remains at 24,250 million euros. Once approved by the Delegate Commission, the agreement will be presented for ratification at the Extraordinary Assembly called for next December 10.

LaLiga Impulso’s investment plan represents, after this adaptation, an investment of 1,994 million euros that will allow participating clubs to have the necessary resources to undertake growth and consolidation projects from a sporting and business point of view.

LaLiga assured that “it will keep intact” its sporting and organizational and management competitions for the commercialization of audiovisual rights.

The new formulation guarantees the absence of impact among non-participating clubs. For the rest, this injection of more than 1,990 million euros commits the clubs to allocate up to 70% of the resources to investments related to infrastructure, international development, brand and product development, communication strategy, innovation plan and technology and content development plan plan on digital platforms and social networks, being able to have up to an additional 15% for the registration of players and the other 15% for financial debt.

As a guarantee of this commitment, many clubs have already sent LaLiga their Club Development Plan, which details the destination of the funds and the investment projects and growth initiatives specific to the entity.

Among others, the clubs participating in the Delegate Commission value the LaLiga Impulso agreement very positively. For the president of Eibar, Amaia Gorostiza, in addition to the “important economic injection”, the knowledge that this fund has of the sector will allow the clubs to develop strategic projects that guarantee their future growth.

“We consider it vitally important that all clubs go in the same direction together with LaLiga and hand in hand with a partner like CVC, since it will be for the benefit of the competition itself. We have no doubt that with this agreement LaLiga will be stronger and stronger. profitable, and therefore the clubs will benefit from it, “he commented.

This agreement comes at the best moment, as pointed out by the vice president of Sevilla FC, Jose María del Nido Carrasco. “Beyond the specific projects that we want to develop in our Club, from our point of view it is a strategic agreement that reaches a fundamental moment because it is now that we have to give this great boost to our competition to continue growing in an increasingly context complicated, “he said.

In the words of Miguel Ángel Gil Marín, CEO of Atlético de Madrid and first vice president of LaLiga, for LaLiga and the clubs that comprise it, the agreement with CVC “is an opportunity to adapt current facilities to the demands of a very competitive market and expanding “.

“This agreement will allow us to improve infrastructures and adapt them to new technologies to offer new content in different formats and with better quality standards. In addition, investing in technological resources -both technical and human will offer us the opportunity to reach more audiences and offer more and better services and content, “said Gil Marín.

Javier Fernández, president of Real Sporting and second vice president of LaLiga, spoke along the same lines. “In the coming weeks the documentation will be completed to close a historic agreement for Spanish football. Now is the time to lay a solid foundation for the future with the growth of LaLiga and the clubs that have been participants in its tremendous evolution in the The maturity of LaLiga and those of us who make it up will be reflected in the exciting projects that we will carry out to modernize our infrastructures, diversify our sources of resources and allow us to get much closer to our fans, both in our communities and in the rest of the world. “, he stressed.

George Williams

George is a football fanatic, and he himself is a good football player. He does cover Football news from around the world, and share on Sportsfinding. He makes sure that the news content he creates are factually correct, and written in good English to meet the readers’ expectations.

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