Real Madrid, Barcelona and Athletic challenge the LaLiga and CVC agreement

Updated

09/17/2021 –
18:34

Athletic Club, Barcelona and Real Madrid, The three teams that refused to be part of the LaLiga signing with the CVC investment fund, issued a separate statement on Friday, in which they let it be known that they haveThe agreement adopted by the LaLiga Assembly on August 12, 2021, regarding the operation between LaLiga and CVC, “as it is an agreement that violates the provisions of the applicable regulations (and, in particular, among others, Royal Decree-Law 5/2015) and that it was adopted within the framework of a notoriously irregular and disrespectful procedure with the minimum guarantees required for this purpose, especially in the face of an operation of such significance and duration, “Real Madrid said in the statement.

Barcelona explains in its note the reasons that lead it to challenge the agreement: “The challenge by FC Barcelona of the Laliga agreement with the CVC investment fund adopted in the Assembly of last August 12, was agreed at the Club Board of Directors meeting yesterday (Thursday). At the same meeting, a report from the Entity’s Economic Commission was presented which concluded that the Laliga agreement with CVC did not make sense for FC Barcelona, ​​neither because of its cost, nor because of the compensation to be received, nor for the duration, nor nor because of the level of obligations and commitments it contains “.

Eduard Romeu, economic vice president explains that “the fund invests 2.602 million and at the end of the period receives 22,000 million euros. It involves mortgaging the club in the very long term. To be more exact, 50 years. we have signed a transaction five times cheaper of which they were asking us “.

In the same terms that Real Madrid and Barcelona have expressed, Athletic. “Athletic Club, FC Barcelona and Real Madrid CF report that they have challenged the agreement adopted by the LaLiga Assembly on August 12, 2021, regarding the operation between the League and CVC, as it is an agreement that violates the provisions of the applicable regulations (and, in particular, among others, Royal Decree-Law 5/2015) and that was adopted within the framework of a notoriously irregular and disrespectful procedure with the minimum required guarantees for these purposes, especially in the face of an operation of such transcendence and duration “.

Neither did Real Oviedo adhere to the agreement, but the Oventense team has not challenged the agreement signed by the 38 remaining teams of the Professional Football League.

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