Official: Real Madrid take legal action against La Liga

In a bid to fight the agreement between La Liga and CVC, Real Madrid have decided to take legal actions, both civil and criminal against the president of La Liga, Javier Tebas, Javier de Jaime Guijarro, who is the person responsible for the CVC funds and finally the CVC Capital partners SICAV-FIS Fund, the club confirmed in an official statement.

The decision was unanimously agreed upon after Real Madrid’s board of directors held a meeting on Tuesday at 11:00 am.

In addition to the civil and criminal proceedings against the aforementioned parties, the Merengues have also decided to carry out further legal actions to nullify any agreement that will be ratified at the La Liga Assembly to be held on August 12, with regard to the La Liga and the CVC Fund deal.

As part of the deal, La Liga have agreed to sell 10% stake to CVC for €2.7 billion, with 90% of that total set to go to clubs. However, both Barcelona and Real Madrid have been voicing their concerns against the proposal.

While signing the proposal would have allowed Barca to Lionel Messi’s contract, they decided to not to do so, with president Joan Laporta claiming that he was unwilling to commit to a decision that would affect the club for the next 50 years.

With Real Madrid now launching legal action against the parties involved, Barcelona could also follow suit shortly.