The Spanish professional clubs have approved a controversial football league billion deal with an investor from Luxembourg.

The deal with the former Formula 1 owner CVC was accepted on Thursday at a general assembly in Madrid with 38 to 4 votes, La Liga announced.

For a financial injection of around 2.67 billion euros, the investor is said to collect eleven percent of all income in the first and second division of Spain over the next 50 years.

He also takes over 10.95 percent of the audiovisual rights.

The two major clubs FC Barcelona and Real Madrid had opposed the deal and voted against it with two other clubs.

According to media reports, they should now remain unaffected by the deal at the request of the investor.

That means they don't get any money, but they don't have to give up any rights.

Real announced on Tuesday that civil and criminal proceedings would be initiated against both league president Javier Tebas and the financial investor.

After the league and CVC concessions, Real Madrid are unlikely to take any action.

The national association RFEF, which has no voting rights, also rejected the project.

Above all, consider the planned commercialization of audiovisual media rights as "illegal," it said.

The resistance of FC Barcelona in particular caused astonishment, as the Catalan club, with its debts totaling almost 1.2 billion euros, urgently needed a financial injection.

Because of the financial situation, the club had to let Lionel Messi move to Paris.

CVC has been trying to get a foot in the door of several of the major European football leagues since the beginning of the corona pandemic.

In Italy, CVC wanted to participate in the media revenues of Serie A as part of an investor consortium, but was thrown out by the big clubs.

The German Football League (DFL) wanted investors to participate with 25 percent in the marketing of media and license rights abroad, but here too the majority of clubs said no.