Spanish football evening headlines for August 4th
La Liga’s plan to distribute CVC’s money
La Liga this Wednesday announced an agreement with CVC that will see the fund inject €2.667bn into the Spanish game according to El Pais. Professional clubs throughout the country will receive €2.46bn of that fund, with €100m allocated to women’s football and the non-professional game and €100m allocated to La Liga itself and their efforts towards modernisation.
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Lionel Messi’s renewal with Barcelona imminent
Barcelona hope to make Lionel Messi’s renewal with the club official in the coming hours according to Marca. An agreement between the player and the club was reached in principle three weeks ago, and will be made official imminently. Messi will return to Barcelona this week, and those at the club are already breathing easy; Joan Laporta has done what he promised to do.
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La Liga’s injection of investment brings Lionel Messi, Kylian Mbappe and Erling Haaland closer
La Liga this Wednesday announced an agreement with international investment fund CVC that will see the injection of €2.7bn of capital into the competition for a 10% stake according to Diario AS. The clubs will receive 90% of this injection, and have 40 years to pay it back at a low interest. 15% of the 90% (€2.43bn) will go straight into the clubs’ squads, meaning that the renewal of Lionel Messi as well as the possible signings of Kylian Mbappe and Erling Haaland just became much more real.
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