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The Israeli Walla! website: We are running out of stockpiles, our forces are exhausted, and the lives of the captives are in danger. It is time for a ceasefire deal in Gaza.
Several wounded in an Israeli bombardment of a tent in al-Mawasi, south of Khan Younis in the Gaza Strip.
Israeli media: Three wounded, three killed in an ongoing operation in the Gaza Strip.
Al Mayadeen's correspondent in southern Lebanon: Israeli artillery shelling targets the outskirts of the town of Shebaa
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Local sources: Civilians, including children and women, were injured in the al-Maqous neighborhood of Sweida, in Syria, as a result of ongoing clashes

Real Madrid Sues La Liga

  • By Al Mayadeen Net
  • Source: Agencies
  • 11 Aug 2021 21:51
2 Min Read

Legendary football clubs Real Madrid and Barcelona are now embroiled in a legal battle with the La Liga president over a financial deal with CVC.

  • x
  • La Liga president Javier Tebas.
    La Liga president Javier Tebas.

La Liga is facing the wrath of Spain’s Royal Club.

After the announcement of a €2.7 billion ($3.2 billion) deal between the Spanish La Liga and CVC Capital Partners, Real Madrid and other Spanish clubs are not taking the matter lightly.

Real Madrid has stated that it will launch a civil and criminal lawsuit against Javier Tebas, president of La Liga, and the chief of the private equity CVC, Javier de Jaime Guijarro.

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Furthermore, the club will pursue legal action to block the deal as it gives the private equity firm a 10% share in the league’s future television and broadcasting rights. 

Barcelona joined Madrid’s side by supporting its decisions and describing the deal as “mortgaging the club’s rights over the next half-century,” vowing to fully reject it.

🚨 COMUNICADO | LA RFEF CONSIDERA TOTALMENTE ILEGAL EL ACUERDO CVC-LNFP

ℹ️ https://t.co/TfnBSaxLae pic.twitter.com/INKWYKZoWE

— RFEF (@rfef) August 11, 2021

The deal came amidst growing financial distress as sports clubs around the globe have felt the powerful setbacks of the pandemic, notably with disrupted competitions and shut-out stadiums. 

Spain’s football clubs have now entered a new legal battle with La Liga, despite the deal’s outcome securing hefty revenues and funds which Barcelona could have used to keep its previous superstar Lionel Messi amongst its ranks. 

  • Lionel Messi
  • La Liga
  • CVC
  • Barcelona
  • Real Madrid

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