Barcelona, Real Madrid say CVC investment in LaLiga is illegal


  • Football
  • Wednesday, 08 Dec 2021

FILE PHOTO: Football Soccer - Real Madrid Preview - Valdebebas, Madrid, Spain - 24/5/16 Real Madrid's logo is seen at the entrance of the residence of first soccer team. REUTERS/Sergio Perez

BARCELONA (Reuters) - Barcelona and Real Madrid threatened new legal action should a plan by the country's top soccer league to accept a cash injection from private equity fund CVC move forward, saying on Tuesday it was both illegal and too costly.

Spain's two largest soccer clubs together with Athletic Bilbao - which are all owned by their members instead of by corporates - accused LaLiga's administrator of exceeding the organisation's legal authority and acting coercively.

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