CVC Rules Out its Entry into Spanish National Professional Football  League Without the Cupport of the Big Clubs

CVC Capital Partners has put a condition on LaLigaSpanish National Professional Football  League” to enter the competition and take 10% of the business in exchange for 2,700 million euros.

Although the agreement has already been approved unanimously by the Delegate Commission and a simple majority is now enough in the assembly to be held next week, the fund has demanded the president of the employer, Javier Tebas, have the support of the great clubs to close the deal. And that is something that, right now, is not so clear.

Faced with Tebas for the launch of the European Super League, Real Madrid considers that Tebas has negotiated with its back to the clubs, mortgaging its business and, therefore, its assets, for which it has already shown a forceful rejection of the operation and is willing to go to court if necessary. In fact, according to the sources consulted by this newspaper, those from Chamartín are already preparing a lawsuit to try to stop the agreement. The position of FC Barcelona is not so clear because although in principle it could benefit, since the capital injection would close the contract for the renewal of Messi, something that finally has not happened, it is not satisfied with the agreement and, like It has happened with the Super League, he could side with Madrid.

Your posture, in fact, is key, because it could tip the balance one way or the other. Among the others, the only one that seems more reluctant is Athletic Club de Bilbao, which, with a healthier financial situation than the rest, according to the sources consulted, would not be clear about the need to sell a part of the business to CVC Capital Partners either.

According to the terms of the agreement sealed by LaLiga, of the 2,700 million that the fund would inject into the competition, 2,430 million would go directly to the clubs, also including women’s and non-professional football, from the hand of the Royal Spanish Federation of Soccer. Of this last amount, 70% would go to infrastructures and the development of the competition itself; another 15% for debt refinancing and another 15% for transfers. Tebas intends with the agreement to boost LaLiga against other international competitions, such as the British Premier or the German Bundesliga and, in fact, Real Madrid and Barça would each receive more than 260 million euros if the contract is signed.