Saudi Press

Saudi Arabia and the world
Monday, Sep 22, 2025

Spanish clubs, minus Barca and Real, approve CVC investment deal

Spanish clubs, minus Barca and Real, approve CVC investment deal

Spain’s professional football clubs approved La Liga’s plans to sell 10 percent of the Spanish game’s rights to private equity firm CVC Capital Partners, La Liga president Javier Tebas said.

The deal received the green light from all but four of Spain’s 42 clubs in the top two divisions — Real Madrid, Barcelona, Athletic Bilbao and one club which prefered not to be named — he said.

It needed two-thirds support among the 42 clubs.

CVC decided to leave out of the deal the four clubs which opposed it.

The private equity firm initially proposed to inject 2.7 billion euros ($3.2 billion) into La Liga in exchange for a 10 percent stake in its television rights over 50 years.

But the amount was reduced to 2.1 billion euros after the four clubs voted to opt out, Tebas said following a club meeting to vote on the deal which was unveiled by La Liga last week.

La Liga argues the deal gives clubs funds to spend on new infrastructure and modernization projects, as well as boost their budgets to recruit new players.

But Real Madrid and Barcelona have fiercely opposed it. They complain the 50-year duration is too long in a rapidly changing industry and it undervalues the Spanish game’s rights.

Real Madrid said Tuesday they would take legal action against the Spanish league over the planned deal.

By opting out of the deal, Real Madrid and Barcelona will be free to continue with plans for the creation of a European Super League.

Barcelona, Real Madrid and Juventus are the last ones standing of the 12 clubs that signed up to the breakaway project in April, only for it to unravel when six Premier League clubs plus Inter Milan, AC Milan and Atletico Madrid withdrew.

CVC said it would give the four opposing clubs three years to change their minds and join the investment deal, without penalties.

Tebas said the deal was “the fruit of ten months of work” and he criticized “the other championship model which the clubs which voted against it defend.”

Real and Barcelona have long complained about the revamping of broadcasting rights in Spain which until 2016 they were able to negotiate on their own behalf before a new collective system came in under royal decree.

Real says the CVC deal is an “opportunist” undertaking and noted that CVC had tried but failed to land similar accords with the Italian and German leagues.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
New Eye Drops Show Promise in Replacing Reading Glasses for Presbyopia
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
Top AI Researchers Are Heading Back to China as U.S. Struggles to Keep Pace
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
UAE-US Stargate Project Poised to Make Abu Dhabi a Global AI Powerhouse
Trump and Starmer Clash Over UK Recognition of Palestinian State Amid State Visit
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Sam Altman sells the 'Wedding Estate' in Hawaii for 49 million dollars
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Kuwait opens bidding for construction of three cities to ease housing crunch.
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Did the Houthis disrupt the internet in the Middle East? Submarine cables cut in the Red Sea
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
×