Barcelona and Real opt out of LaLiga’s €2.1 billion Private Equity deal
12 August 2021
Spanish giants secure opt out of CVC deal that will inject €2.1 billion into LaLiga in exchange for a 10.95 per cent stake on broadcast and TV revenues over the next 50 years.
Tebas: “Obviously I’d like them to be part of it, but they’re not and I’m not going to cry about it. La Liga will continue to grow. We’ve grown La Liga in the last few years without their active collaboration.”
Rothschild summary valuation values LaLiga more than €2 billion below CVC’s €24.2 billion price.
La Liga president Javier Tebas has secured backing for €2.1 billion private equity investment in the Spanish league, but only after allowing clubs – including Real Madrid and Barcelona – to opt out of the deal.
38 of 42 clubs supported the deal after six hours of talks in Madrid on Thursday. Real, Barca, Athletic Bilbao and second division club Real Oviedo opposed the deal.
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