• LaLiga The keys to the agreement

  • Distribution This is how the almost 2,000 million will be divided

  • Criticisms Athletic, Barça and Madrid hope that the CSD will avoid "irreparable damages" and act in favor of the 'Sustainable Project'

The

Extraordinary General Assembly of LaLiga

approved the agreement with the British

investment

fund

CVC

that will inject

1,994 million euros

in exchange for the

value of 9% of the audiovisual rights

for

50 years

, with the backing of

37 of the 42 clubs

that comprise it, four votes against and one abstention.

LaLiga confirmed that the first economic injection, of

400 million euros

, will reach the clubs in a few weeks and they will be able to start their projects to

improve infrastructure, digitization

and

internationalization

, among others.

The opposition clubs

Real Madrid, Barcelona and Athletic Club

, and promoters of the alternative

Sustainable Project

, participated in the

Assembly

hours after having asked the

Higher Sports Council

(CSD) to cancel it and to announce legal actions since it did not do so. and declared himself incompetent to make decisions about the LaLiga deal.

The general directors of Real Madrid and Athletic,

José Ángel Sánchez

and

Jon Berasategui

, were present in person, and

Mateo Alemany

, director of the Barcelona football area,

intervened via videoconference

.

The commitment to

CVC Capital Partners

, called

LaLiga Impulso

, was presented and endorsed by the clubs in August and unanimously approved by the LaLiga Executive Committee.

Reformulated to adapt it to the participation of its clubs, it represents an investment of € 1,994 million in exchange for the value of 9% of the audiovisual rights over the next 50 years.

The clubs undertake to

allocate up to 70%

to invest in infrastructure, international, brand and product development, communication strategy, innovation plans, technology and content development on digital platforms and social networks.

Another

15% will be for the registration of players

and the other

15% for financial debt

.

According to the criteria of The Trust Project

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