Hey football lovers, La Liga was back this weekend and it certainly made a big pop,
All may not be well between la Liga and La Liga clubs as in the summer, La Liga presented the 42 la Liga clubs from the first and second division a $2 billion investment package from private equity firm CVC, It deals in credit asset management, brokerage and venture capital.
The London based firm had agreed a 10% buyout of la Liga broadcasting rights and aim to increase the global outreach of domestic la Liga games.
La Liga president Javier Tebas argued that the CVC deal will help clubs put up a cushion against covid-19 economic effects as they would have used 30% of their share on debts and new player investments while the other part would be used for infrastructural and club development.
Real Madrid, Barcelona, athletic Bilbao and an unnamed second division club opted out of the cvc deal and will get no funds.
Barcelona lost their talisman Lionel Messi due to debt and though Barcelona would have accepted the CVC deal and kept their king, New Barcelona president Joan laporta chose not to as it would have endangered the long term vision of the club.
Real Madrid are also at war with la Liga as real Madrid president florentino Perez was one of the main actors of the now failed European superleague.
Reigning and defending Spanish champions are in agreement with laliga over the CVC deal.
this is such a big investment
I am always impressed with Ansu Fati. Young, classy and sensational.
That's right. I like him.