By Anonymous (not verified), March 22, 2022
From Front Office Sports:Nothing NewIn December 2021, Spain’s La Liga ratified its agreement with CVC for a stake in the league’s media rights. CVC struck a deal worth $2.3 billion in exchange for an 8.2% stake in a new company that will hold media rights for the Spanish soccer league. The deal, which lasts 50 years, has been opposed by La Liga’s Real Madrid, Barcelona, and Athletic Bilbao. The clubs filed a lawsuit against the pact shortly after it received approval from 37 of the league’s 42 teams, calling the deal “ruinous” for Spanish football. |