The Spanish Football Federation (RFEF) has reiterated this Wednesday his “deepest opposition to the LaLiga Impulso Project“sponsored by LaLiga with the agreement with the fund CVC and that they do not support Athletic, Barcelona and Real Madrid, clubs that offer the so-called ‘Sustainable Project‘.
“It is raised in terms incompatible with our legal system and we trust that the competent Spanish authorities will not allow its execution,” says the letter from the body chaired by Luis Rubiales.
It points out that the RFEF has the “obligation to ensure” so that “the governance regime of Spanish sports law is preserved. Said regime is incompatible with the entry into management and the taking of economic participation in La Liga by any third party , and much less by a private venture capital fund “.
Traditional values
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“The League can only belong, and can only be managed, by the clubs that play in the First and Second Divisions at all times, without in any way jeopardizing the legitimate expectations of lower-level clubs,” he adds.
Thus, it is made available to clubs that “do not want to link the destination of the competition to venture capital funds in order, from the RFEF, to help build solutions that are compatible with our legal system and preserve the traditional values of Spanish football” .
Reference-www.elperiodico.com