CVC to acquire minority stake of La Liga’s commercial biz for $3bn: NY Times

Spain’s top soccer league LA Liga has agreed to sell 10 percent of its commercial business to CVC Capital Partners, for around $3 billion, reported the New York Times.

Spain’s top soccer league LA Liga has agreed to sell 10 percent of its commercial business to CVC Capital Partners, for around $3 billion, reported the New York Times. The news outlet noted that La Liga “would retain total control over the selling arrangements for its broadcast contracts and sporting regulations.”

Source: NY Times