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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!