MADRID (Reuters) - Barcelona, Real Madrid and Athletic Bilbao all announced on Friday that they were challenging LaLiga's private equity investment deal with CVC.
'Boost LaLiga', which was ratified last month by 38 of 42 clubs across Spain's top two divisions and is worth a reported 2.2 billion euros ($2.58 billion), means CVC would receive 11% of revenue from television rights over the next 50 years in exchange for pouring money into LaLiga.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
