LaLiga affirms that Real Madrid, Athletic and Barça seek to "destroy the future"

LaLiga issued a statement on Thursday stating that the

offered by Real Madrid, Athletic Club and FC Barcelona to the rest of the clubs "shows that the intention is to derail a project that endangers their individual objectives, even if for this they have to destroy the collective future of the competition and its clubs. "

LaLiga reacts like this "to the publication by some media of the letter sent by

to the rest of the member clubs of the LaLiga General Assembly, in which a hypothetical offer of financing, at 2.5-3% interest over 25 years, by JP Morgan, Bank of America and HSBC to LaLiga clubs ".

Thus, LaLiga considers that "presenting an offer on the night of December 2, knowing that the Assembly is going to be on December 10, and knowing the operation since August 12, shows that the intention is to derail a project that it jeopardizes their individual goals, even if they have to

"The proposed operation, according to the letter, is a collective financing through a loan that presents an important absence of essential details to understand its viability. Only in a first reading of the financing offer it is surprising that it is of impossible fulfillment for the majority of the participating clubs in the competition,

adds.

The president of Real Madrid, Florentino Pérez, intervenes during the Ordinary and Extraordinary Assemblies of Real Madrid Representative Members VICTOR LERENAEFE

He also states that "the 'LaLiga Impulso' project is the result of many months of intense work in which all the structural complexities have been resolved, including its fit with the changing universe of participating clubs. 'LaLiga Impulso' is ready to be executed and CVC is ready to begin the transformation. "

"On the contrary," says LaLiga, "the operation presented in this letter is based on an

prepared without the minimum rigor required."

For this reason, he understands that "trying to establish a comparison with the LaLiga project with CVC is not having understood at all the reality of LaLiga Impulso, which is much more than a financing operation. The Impulso Project aims to incorporate an industrial partner with extensive experience in Spain and in the sports rights sector that provides long-term capital and proven industrial experience to help LaLiga and its clubs grow globally at

and uncertainties for the industry. "

"The companies in which CVC invests have an unmatched history of operational and commercial improvement, such as MotoGP, F1, Rugby, Volleyball or Cricket," says LaLiga, adding that "CVC is a partner with experience in the sector. and a broad international presence that will help in the improvement process. "

He also explains that "LaLiga Impulso is not the answer to a liquidity problem for LaLiga clubs but rather a strategic project to guarantee competitiveness and growth in the medium and long term of the competition and its clubs. As explained, 70 % of the funds from the Impulso project will go to long-term value creation projects. CVC will help LaLiga and the clubs -including those not attached to the project- to optimize the use of these funds, with the aim of increasing the value of competition in the long run. "

For LaLiga "it is surprising that the promoters of the Superliga, which was lethal for the national leagues, show concern for a project that the majority of LaLiga clubs approve and that does not affect them financially."

OK Diario

publishes this Thursday that "in the next few hours the 42 First and Second Division clubs will have on the table a formal offer from three major banks,

which improves the conditions of the agreement closed between the Liga and the CVC investment fund. The proposal is a loan for immediate payment in full and that would be repaid within 25 years with an interest of between 2.5% and 3% ".

El Confidencial

publishes that "the president of Real Madrid",

"prepares a counterproposal with the US bank (JP Morgan), its main ally, so that the First and Second clubs do not sign the initial agreement" with CVC.

According to the criteria of The Trust Project

Know more

• FC Barcelona

• Real Madrid

• Athletic Bilbao

FootballLeo Messi wins his seventh Ballon d'Or

LaLigaReal Madrid opens a dike in the leadership after beating Athletic

Soccer World Cup 2022Ansu Fati, Brahim and Carvajal, news in Luis Enrique's list for the decisive matches of the national team

See links of interest

• Last News

• Translator

• What

• Holidays 2021

• 2022 business calendar

• Home THE WORLD today

• Master investigative journalism

• Zalgiris Kaunas - Bitci Baskonia

• Real Madrid - Maccabi Fox Tel Aviv