In the case of the Gran Canaria entity, this August 10% of the 37.5 ‘kilos’ -3.7 million- entered its coffers, while in October, 24% of the total was received. The rest is paid in three installments: June 2022, 2023 and 2024.
15% of the amount is destined for transfers and 70% for infrastructures
‘It is an ambitious investment plan that will provide LaLiga and Clubs with resources with the aim of continuing the transformation towards a global digital entertainment company, strengthening competition and transforming the experience of fans,’ argues the employer in a written on their website.
It is a historical scenario, of a miraculous nature, that has turned football upside down. Refloat the talent business. Endorsed by the Executive Committee, approval is lacking in the Extraordinary Assembly this week.
CVC is a private equity fund with an accounting report of 114.8 billion, it manages the portfolios of 300 investors and now sets its eyes on Spanish football. LaLiga becomes a new partner-sponsor by creating a partnership. CVC will have a 10% stake.
How is the millionaire symbiosis made? CVC puts the money in and LaLiga sends it the returns so that the fund recovers the money contributed until June 2027. 90% of the amount allocated to LaLiga will go to elite clubs. The rest is distributed to the groups of the women’s, semi-professional and amateur leagues.
The control of the Higher Sports Council (CSD) and the Royal Spanish Football Federation (RFEF) will be crucial in the most modest categories. Highlight that the money reaches the clubs under the formula of ‘participative loans’ at 0% interest and with a maturity of 40 years.
Can you spend everything on transfers? Well no. 70% -of each item- will go to investments, and 15% to strengthen the workforce -within the margin of the salary cap of financial fair play-. The last 15% is relegated to amortizations and debt payments.
The FC Barcelona will perceive about 270 ‘kilos’, by the 261 of the Madrid. The dance of the giants. The TV rights of the last 7 years are taken into account and in that garden those descended to Second -like Eibar- benefit.
A new consumer product arrives. LaLiga embraces its Development Plan, which is based on sports strategy, infrastructure, international development, brand and product development. A new communication strategy arrives, as well as a technological innovation plan. The challenge is to promote the development of digital content. CVC has already injected another rain of millions into the rubgy competition in England.
The yellow entity charges 3.7 million this month and the rest in four installments until June 2024
It is a balloon of oxygen and the door to modernity. From a single product, based on the sale of audiovisual rights, it flies to another multi-experience. 37.5 million and see UD on your mobile. Futuristic football.