By Daily sports on August 11, 2021

Javier Tebas has been La Liga president since 2013

Real Madrid will launch lawsuits over a deal that will see a private equity company get a 10% share of future La Liga television rights.

The club will begin civil and criminal action against La Liga president Javier Tebas and CVC Capital Partners’ chief Javier de Jaime Guijarro.

La Liga said clubs could vote on the 2.7bn euro (£2.3bn) deal on 12 August.

But Real Madrid said it would take “any appropriate legal action” to nullify any agreements reached.

La Liga said Real Madrid were using “coercive and threatening” methods to stop clubs having their say on the deal.

The league says the deal will strengthen its clubs and give them funds to spend on new infrastructure as well as increasing how much they could spend on players’ salaries.

Tebas tweeted on Tuesday that clubs “have had to put up with threats for years” from Real Madrid president Florentino Perez.

CVC Capital Partners said “the legal action announcement is totally disproportionate and manifestly unfounded”, adding that it reserved the right to take any available legal action to defend itself.

Barcelona have also voiced opposition to the deal, with the club’s president Joan Laporta saying it was like “mortgaging the club's rights over the next half-century”. (BBC)

•PHOTO: Real Madrid President, Florentino Perez

Source Daily sports

Posted August 11, 2021

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