CVC changes LaLiga offer with option for clubs to opt out, source says

CVC changes LaLiga offer with option for clubs to opt out, source says

The Star Online - Sport·2021-08-12 21:00

MADRID (Reuters) - Private equity firm CVC has changed its investment offer to Spain's top football league, LaLiga, in a last-minute bid to garner sufficient support from clubs, a source from one of the clubs said on Thursday.

The modified proposal includes an option for clubs to opt out of the deal, retaining their share of TV rights revenues, the source said.

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