Wednesday, December 15, 2021

BARCELONA ,REAL MADRID AND ATLETICO BILBAO HAVE TAKEN TE LA LIGA TO COURT.

 Now Barcelona, Real Madrid and Athletico Bilbao , have now taken the Spanish h La Liga to court,,the president of the La Liga  is Javier Tebas ,and he had negotiated with the Equity firm called.V.C Partners.

 This company will be paying out 1.7 Billion pounds to the Spanish La Liga , and it could cross 2.4 Billion pounds.

 The money wil be devided this way 70 seventy percent will go to infrastructure  and modernization  ad 15 fifteen percent would go to spend on buying players,and another 15  percent  percent can be used to clear out heir debts.

 But Barcelona ,Real Madrid and Atletico Bilbao  are against it as these clubs are owned by shareholders  and not by a owner, the president has a five year term only but his deal has a clause that ties tem tote C.CV Equity firm for fifty years, and at say very big time mortgage.so the ojection .

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