The tough statement from La Liga answering Barça, Madrid and Athletic by CVC

It seems that to The League has not fallen him of the all very the contrapropuesta economic presented by the FC Barcelona, Real Madrid and Athletic Bilbao to the agreement CVC, by what have blamed to said teams to want to 'entorpecer' the project. One of the answers has done reference to the Superliga, affirming that it sounds surprising that said clubs show worry by an agreement that approves to the majority of the clubs of LaLiga and that does not affect them economically.

'Sustainable project' is the name of the contrapropuesta of the three teams to the known 'Project Promote' that proposed The League. This new planning promises to enter the same quantity of money, some 2.000 million euros, but would reduce in 25 years the premium of television income that planned yield in a principle at the end investor CVC.

Javier Thebes, current president of The League, has not remained of 'arms crossed' and has issued a communiqué in where self-evident in front of the letter remitted by the FC Barcelona, Real Madrid and Athletic Bilbao to the rest of clubs members of the General Assembly of LaLiga. In this document, in principle, translada an offer of finance by part of Bank of America, HSBC and JP Morgan to the 2.5 - 3% of interest by 25 years.

The communiqué indicates that, in base to the vicinity of the date in that it presented the offer to the date of the Assembly, the letter remitted by these three teams has the intention to "derail a project that puts in danger his individual aims although for this have to destroy the collective future of the competition and his clubs".

Communiqué of The League

This association wishes to manifest:

1. Present an offer the night of the day 2 December knowing that the Assembly goes to be the day 10 December, and knowing the operation from the day 12 August, shows that the intention is to do derail a project that puts in danger his individual aims although for this have to destroy the collective future of the competition and his clubs.
2. The operation posed, according to the letter, is a collective finance through a credit that presents an important absence of indispensable details to understand the feasibility of the same. Only in a first reading of the offer of finance surprises that the same is of impossible fulfillment for the majority of the clubs participants in the competition, included the FC Barcelona.
3. The project of LaLiga Impulse is the result of a lot of months of intense work in which they have resolved all the structural complexities, between other things his lace with the universe cambiante of clubs participants. LaLiga Impulse is smart to be executed and CVC is prepared to begin the transformation. By the contrary, the operation presented in this letter bases in proposal improvised elaborated without the exigible minimum rigour.
4. Treat to establish a comparative with the project of LaLiga with CVC is to have not understood at all the reality of LaLiga Impulse, that is much more that an operation of finance. The Project Promote has by aim incorporate an industrial partner with wide experience in Spain and in the sector of sportive rights that main contribution on a long-term basis and industrial experience contrasted to help to LaLiga and to his clubs to grow as a whole in a moment of big challenges and uncertainties for the industry.
5. The companies in which it invests CVC have a record inigualable of operative and commercial improvement, as it is the case of MotoGP, F1, Rugby, Volleyball or Cricket. CVC is a partner with experience in the sector and wide international presence that will help in the process of improvement.
6. LaLiga Promote is not the answer to a problem of liquidity of the clubs of LaLiga but a strategic project to guarantee the competitiveness and growth in the half and long term of the competition and his clubs. As it has explained , 70% of the bottoms of the project Promote will go allocated to projects of creation of value on a long-term basis. CVC will help to LaLiga and the clubs -included the no adhered to the project- to optimise the use of these bottoms, with the aim to increase the value of the competition in the long term.
7. It results surprising that the impulsores of the Superliga, which resulted lethal for the national leagues, exhibit worry by a project that approves the majority of the clubs of LaLiga and that does not affect them economically.