Javier Thebes, president of LaLiga

They EXPLAIN FROM THE ECONOMIST

The new fetter of the agreement for the arrival of the CVC to LaLiga

Published:7/08/2021 - 11:58h

Updated:7/08/2021 - 12:54h

The referred agreement will mean a new source of income for the tournament suspender belt, as well as to the teams that do part in the competition. Although it still is missing something important

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The directors of the investment fund, CVC Capital Partners, have asked a condition to the authorities of LaLiga to be able to arrive to the tournament suspender belt and like this can have 10% of the business in return to disburse 2.700 million euros.

Although the agreement has been approved of unanimous form by the Commission Delegated and only requires of a simple majority in the assembly to organise next week, of agreement to exclusive informations of The Economist the bottom has demanded to the president of LaLiga Santaner, Javier Thebes, have the support of the big Spanish clubs to close the operation. The problem, is that this still does not seem to be clear if it will receive the support that require or no.

What thinks the Madrid

Finding confronted to Thebes by the constitution of the project of the Superliga European, the Real Madrid considers that the managerial maximum of the tournament suspender belt has negotiated without doing it know to the clubs, mortgaging so much his business like his heritage, by what has refused of conclusive form the operation and even seems to want to arrive to legal instances.

Besides, as far as they explain near sources to the deal to The Economist, the ones of Chamartín will make a demand to try brake the agreement in question.

Posture of the Barcelona

The posture of the directors of the Barcelona still does not seem to define, although originally they could benefit in a m omento where the crisis has done big mella in his accounts, since the injection of capital would be beneficial in these times of crisis, neither is satisfied with the agreement to the that arrived and, as well as it happened with the Superliga, could put of the side of his rival in the tournament suspender belt.

His posture is of big importance, because it could bend the scales in the negotiations that carry out. Between the other, the only that seems more reluctant is the Athletic Club of Bilbao, that with a financial situation more saneada that the rest, as always the sources consulted, neither would have clear the need to sell a part of the business to CVC Capital Partners.

Details of the agreement

According to the terms of the discussed agreement with the spokesmen of LaLiga, of the 2.700 millions that would inject the bottom to the competition, 2.430 millions would go to stop to the clubs of another way, including also the feminine football and the no professional, of the hand of the Real Spanish Federation of Football.

Of this figure, 70% would go for the infrastructures and the development of the competition; another 15% for the refinance of any debt and another 15% to signings. Thebes seems to want to give him more speed to the development of LaLiga in front of other international tournaments, like the Premier, the Bundesliga German and, in fact, the merengues and the culés could embolsar more than 260 million euros if the agreement arrives to sign.

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