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La Liga to Sell Stake in League


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Posted

Still to be agreed with all teams, but have an agreement in place. Serie A had a similar agreement with CVC in place earlier this year before the bigger club voted against it.

CVC currently have a stake in the Six Nation rugby tournament and appear to be aggressively targeting football leagues recently, with the huge financial hits that these clubs have taken in the last 18 months.

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Posted

Real Madrid are taking civil and criminal legal action against the LaLiga President, Mr Javier Tebas Medrano, Mr Javier de Jaime Guijarro, head of the CVC Fund, and against the CVC Capital Partners SICAV-FIS Fund itself.

Posted

How does a company take criminal legal action against anyone?

In Britain we in theory have private prosecutions, but it's such a rare and antiquated concept that I assumed it was impossible everywhere else.

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