Arab Press

بالشعب و للشعب
Friday, Aug 08, 2025

Spanish clubs, minus Barca and Real, approve CVC investment deal

Spanish clubs, minus Barca and Real, approve CVC investment deal

Spain’s professional football clubs approved La Liga’s plans to sell 10 percent of the Spanish game’s rights to private equity firm CVC Capital Partners, La Liga president Javier Tebas said.

The deal received the green light from all but four of Spain’s 42 clubs in the top two divisions — Real Madrid, Barcelona, Athletic Bilbao and one club which prefered not to be named — he said.

It needed two-thirds support among the 42 clubs.

CVC decided to leave out of the deal the four clubs which opposed it.

The private equity firm initially proposed to inject 2.7 billion euros ($3.2 billion) into La Liga in exchange for a 10 percent stake in its television rights over 50 years.

But the amount was reduced to 2.1 billion euros after the four clubs voted to opt out, Tebas said following a club meeting to vote on the deal which was unveiled by La Liga last week.

La Liga argues the deal gives clubs funds to spend on new infrastructure and modernization projects, as well as boost their budgets to recruit new players.

But Real Madrid and Barcelona have fiercely opposed it. They complain the 50-year duration is too long in a rapidly changing industry and it undervalues the Spanish game’s rights.

Real Madrid said Tuesday they would take legal action against the Spanish league over the planned deal.

By opting out of the deal, Real Madrid and Barcelona will be free to continue with plans for the creation of a European Super League.

Barcelona, Real Madrid and Juventus are the last ones standing of the 12 clubs that signed up to the breakaway project in April, only for it to unravel when six Premier League clubs plus Inter Milan, AC Milan and Atletico Madrid withdrew.

CVC said it would give the four opposing clubs three years to change their minds and join the investment deal, without penalties.

Tebas said the deal was “the fruit of ten months of work” and he criticized “the other championship model which the clubs which voted against it defend.”

Real and Barcelona have long complained about the revamping of broadcasting rights in Spain which until 2016 they were able to negotiate on their own behalf before a new collective system came in under royal decree.

Real says the CVC deal is an “opportunist” undertaking and noted that CVC had tried but failed to land similar accords with the Italian and German leagues.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
×