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

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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 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 Kenny Vaccaro Jersey 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 Curley Culp Jersey of Real Madrid and Barcelona. The Catalans CVC have underpaid for 10% Derrick Henry Jersey 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 dont plan to vote for it.Who are CVC Capital Partners?A private equity and investment advisory firm that was in 1981 Harold Landry Jersey 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 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, A.J. Brown Jersey so theyre now in limbo on how best to recover from the financial damage.