JAKARTA - Spanish giants Real Madrid and Barcelona have expressed their opposition to a 2.7 billion euros investment deal that La Liga reached with private equity firm CVC Capitals Partners.
The statement came after Barcelona announced the departure of Lionel Messi after 18 years playing at Camp Nou due to financial rules imposed by La Liga.
La Liga on Wednesday announced that CVC would inject 2.7 billion euros in exchange for 10 percent of its revenue and a 10 percent stake in most of its businesses, with 90 percent of the investment funds going to participating clubs.
“FC Barcelona considers that the announced operation has not been sufficiently discussed with the club (TV rights owner); that the amount does not correspond to the duration of the year, and the agreement affects a share of the audiovisual rights of all clubs for the next 50 years," the Catalan club said in a statement on their official website.
"The contract terms described by La Liga will be detrimental to Barcelona's future in terms of broadcasting rights."
"FC Barcelona would like to express its surprise at the La Liga-driven deal in which the opinion of the team, including the opinion of FC Barcelona, is not taken into account."
"There hasn't even been a presentation of options offered by other competitors (investors) to evaluate the pros and cons in a post-pandemic situation where there are still many unanswered questions."
The Spanish football league's Executive Committee, which includes Atletico Madrid and Sevilla bosses, has approved a deal between La Liga and CVC. Voting will be conducted by all league members from the top two divisions.
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