Investment disputed

La Liga challenged over €2.7bn ‘opportunist’ deal

Real Madrid are not guaranteed to accept the deal (pic: Terry Murden)

While Scottish football is embroiled in a dispute over an £8 million title sponsorship, Spain’s La Liga clubs are facing a challenge to a €2.7 billion (£2.3bn) investment in the domestic game.

If the deal goes through it would see a private equity company involved in the running of a large European football league for the first time.

But Real Madrid, one of Spain’s biggest clubs, is opposed to the offer that promises to transform Spanish football.

La Liga, which manages the top two divisions of Spanish football, argues that it will create a new business that will take control of most of its activities, in which CVC Capital Partners will hold a 10% stake. The deal will value La Liga at €24.3bn, it said.

About 90% of the funds from CVS will be available to the clubs and may be seen as compensation by those who were thwarted in their attempts to create a breakaway European Super League.

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