Thebes: "1,000 million euros have already been delivered to clubs with CVC"

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Ang LaLiga president Javier Tebas stressed now that they have reached thousand million euros of total investment in the clubs of the First and Second, that they are already using that money “to reform stadiums, sports cities or technologies”.

Javier Tebas traveled to Malaga on Friday for the presentation of the Malaga Phase of the LaLiga Genuine championship, which will take place this weekend in La Rosaleda, an experience “that teaches you a lot of value thanks to its players”, and is valued economically terms the impact of the CVC fund on Spanish football.

“We have already delivered a billion euros to the clubs. We are having weekly control, we have had meetings with hundreds of people involved” he explained, emphasizing that many teams “They are already investing in stadium reform, like the project Villarreal presented and what Betis is doing”, while other clubs invest in sports or technology cities.

“We have already invested that 2,000 million for use over the next two years”, he confirmed, after recalling that the condition of capital distribution is to do so in the following way: 70% for infrastructure and personnel, 15% for debt and 15% for players.

Source: La Verdad

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