Soccer-Spanish FA denounces La Liga's proposed 2.7bln euro CVC investment deal

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The Spanish Football Association (RFEF) has rejected a proposed multibillion-euro investment and revenue-sharing deal between La Liga and private equity firm CVC, saying the deal 'increases inequality' and could affect the future of the competition.The Spanish football league last week said CVC would inje

The Spanish Football Association has rejected a proposed multibillion-euro investment and revenue-sharing deal between La Liga and private equity firm CVC, saying the deal"increases inequality" and could affect the future of the competition.

"The RFEF, being aware of the various complaints and comments made by various First and Second Division clubs, has communicated its firm opposition to this agreement," the Spanish FA said in a statement on Wednesday which drew the ire of La Liga president Javier Tebas. "The RFEF finally issues the long-awaited statement on the Superleague... Ah no! About a project that liquidated Spanish football THEY SAY NOTHING," Tebas tweeted https://twitter.com/Tebasjavier/status/1425395545582022658?s=20.

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