Real Madrid to sue La Liga, CVC chiefs over proposed $3.2 billion deal By Reuters

August 10, 2021 admin Stock News 0

© Reuters. FILE PHOTO: La Liga President Javier Tebas poses before an online interview with Reuters at the La Liga headquarters in Madrid, Spain January 27, 2021. REUTERS/Susana Vera

MADRID (Reuters) – Spain’s Real Madrid will launch civil and criminal lawsuits against La Liga president Javier Tebas and CVC Capital Partners’ chief Javier de Jaime Guijarro over their proposed 2.7 billion euro ($3.16 billion) deal, the club said on Tuesday.

Real Madrid also said it would pursue legal action to block approval of the planned deal, which is to be voted on by La Liga members.

The Spanish league last week said it was not worried by legal moves from Real Madrid and that legal disputes between the two entities were common.

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