Sports

Real Madrid to file a lawsuit against LaLiga and CVC

RealMadrid announced that they were initiating legal action against League, CVC and the CEO of each organization.

League and CVC reached an agreement that the latter would invest 2.7 billion euros in the top division of Spain in exchange for 10 percent of the rights of competitors, but RealMadrid and Barcelona were unhappy with this move due to a dispute over television rights.

Real Madrid statement

“The board of the club met on Tuesday at 11:00 and unanimously decided to file civil and criminal lawsuits against the president League, Mr Javier Tebas, Mr Javier de Jaime Guijarro from CVC fund, and against CVC Capital Partners, ” RealMadridsaid in a statement.

“The Board also decided to take all kinds of appropriate legal action to nullify the agreement reached League and CVC… “




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