La Liga giants condemn 2.7bn deal with US private equity firm

0
53

La Liga a 2.7 billion ($4.3bn) deal with CVC Capital Partners last week. The US private equity firm have bought a 10% stake that David Andrews Jersey will value La Liga at 24.3bn ($28.59bn).This deal could see private equity involved in the running of a large European football league for the first time but will be voted on by the 42 clubs in Spains top-two divisions.Whats the goal of the deal?La Liga describe the move as a long-term deal which aligns the interests of La Liga, the clubs, and CVC.Theyll maintain control over sporting i sues as well as management of the sale of television rights, but their aim is to grow their digital presence, grow their brand and reach more audiences around the world.Who is opposed to the move?The move has drawn the ire of Real Madrid and Barcelona. The Catalans Jake Bailey Jersey CVC have underpaid for 10% control and president Joan Laporta plans to reject the deal.Madrid the deal as deceitful in a statement as they had no knowledge of the move due to limited acce s from La Liga.The leagues delegated commi sion unanimously backed the move, but the body doesnt include representatives from Madrid or Barca, so both clubs have been left in the dark and don Rodney Harrison Jersey t plan to vote for it.Who are CVC Capital Partners?A private equity and investment advisory firm that was Jonathan Jones Jersey in 1981 by Steve Koltes.The firm describe themselves as a world leader that have $114.8bn of a sets, $162.7bn of funds committed and a global network of 24 offices 16 in Europe and the Americas and eight in the Asia Pacific region.What will the outcome be?Although Madrid and Barcelona would benefit from accepting the deal, the pair are set to reject it when all 42 clubs have to vote as they believe the division has been undervalued.That being said, CVC dont need unanimous backing for the investment to go through.Barcelona and Madrid have spiralling finances and are Cody Davis Jersey desperate to recover with significant investment, but it seems they want more from CVC before theyd be willing to accept.And their plans to join the European Super League fell apart due to pre sure from supporters, so theyre now in limbo on how best to recover from the financial damage.

Site içinde arama yapın
Kategoriler
Read More
Gardening
St. Louis Blues Lose Deepness With Jacob de La Rose Departure
While the St. Louis Blues sit at home with the NHL playoffs continuing in the history, the...
By Sheehan 2024-01-23 09:08:25 0 12K
Other
Best Scopus Indexed Journals in 2025: Submit Research to the Right Publication
To submit research to the best Scopus-indexed journals in 2025, you’ll want to look for...
By conferencealerts 2024-11-26 11:14:57 0 2K
Sports
What the Packers'detail chart seems to be which includes at the time Household Evening
Previous period, we claimed the snap counts that Eco-friendly Bay Packers avid gamers recorded...
By Gallagher 2024-08-27 07:57:57 0 5K
Oyunlar
Breaking Down FC 25 Coins Game Plan: Why They’re So Effective
Since the rebranding of EA’s flagship soccer series from FIFA to FC 25 Coins, EA has pushed...
By BennieJeansg 2024-11-13 01:39:32 0 2K
Oyunlar
What Makes Cheap Ffxiv Gil So Admirable?
Final Fantasy 14's main form of currency, known as FF14 Gil, can be used to buy weapons,...
By haxec 2024-08-29 04:52:40 0 5K