Spain’s La Liga agrees €2.7bn deal with private equity firm CVCCVC Capital Partners will hold 10% stake and deal will value La Liga at €24.3bn Atlético Madrid players celebrate winning the La Liga match Champions Trophy. Photograph: DPPI/Irh/LiveMedia/Rex/Shutterstock
MADRID (AP) — The Spanish league took a step toward cutting into the Premier League's global dominance on Wednesday, securing €2.7 billion ($3.2 billion) in funding to boost its clubs' finances and increase revenue growth over the next few years. The deal unanimously approved by the league's executive committee should increase the clubs' spending power and is expected to help Barcelona guarantee a new contract for Lionel Messi, who is yet to officially say whether he will remain with the club. R
Virat Kohli has often weighed in who he likes the most among the football fraternity. He is said to be one of the greatest batsmen of this generation. Kohli stated that he admires Cristiano Ronaldo. The Indian captain added that the thing that he likes the most about Ronaldo is the fact that even though […] The post Virat Kohli Reveals Why He Admires Cristiano Ronaldo Over Lionel Messi appeared first on Cricfit.
Spanish soccer league La Liga has agreed to sell 10% of its commercial business to CVC Capital Partners for around $3 billion. The bottom line: "If approved by the league's clubs, the deal could help the league’s cash-strapped teams, including giant ones like F.C. Barcelona, repair their finances and ease a cash crunch caused by the coronavirus pandemic," the New York Times writes.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeDetails: The rel