Nine First and Second Division clubs they have declined to receive the money from the British CVC fund, which signed an agreement with LaLiga by which the clubs that signed it will distribute 1,994 million euros in exchange for 8.2% of the profits generated by the marketing of the competition (audiovisual rights included) over the next 50 years, since half a century is the duration signed by the parties. “That’s all a lie”, responded Javier Tebas, president of LaLiga. “It’s false from start to finish”, he insisted.
At first there were only four teams, Real Madrid, Barcelona, Athletic and Ibiza those who opposed the agreement, but there are another five, two from First and another three from Second, who have decided not to receive any amount “until the judicial panorama is clarified,” according to one of the divergents confessed to this newspaper. But Javier Tebas insists that “everything is a lie.”
According to Tebas, (from the First Division, all the Clubs have presented the Investment Plan and received the funds, except for a club (plus at least three others: Real Madrid, Barça and Athletic) which is still in the phase of studying the total investment in the stadium together with the Second Division City Council, all the Clubs have presented the Investment Plan and received the funds, with the exception of two Clubs that are in the phase of studying and negotiating the cancellation of your financial debt (the funds are not delivered until the cancellation conditions are closed).
On January 20, the First and Second Division clubs attached to the agreement received a first installment of 400 million euros. It was then that this group of nine teams out of a total of 42 that make up professional football rejected the money. Among them are Real Madrid, Barça and Athletic, who promoted an alternative agreement that did not prosper. It was a loan for the same amount, 1,994 million, but less than 3%, with an estimated cost of between 4,000 and 12,000 million less than that of LaLiga and a duration of 25 years, half the time that the one signed with CVC.
Given these circumstances, the big three (Real Madrid, Barça and Athletic) went to court and challenged the LaLiga Impulso project (the name of the holding company created with CVC) and They requested precautionary measures that the judges have rejected since they consider that there are no reasons of urgency “To the extent that they allow the adoption without hearing the defendant (LaLiga and CVC) as is generally established in the Law.” Tebas responded to that demand with a ‘tweet’ in which he said that the plaintiffs “seek confusion and continue managing from a bar counter”.
The titular magistrate of the Court of First Instance No. 15 of Madrid, María Vilma del Castillo, has already set a date for the hearing. On February 24, it will listen to LaLiga and CVC and decide whether or not to freeze the LaLiga Impulso project while awaiting a final ruling that would come after a long and hard legal battle.
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