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Spain’s La Liga agrees €2.7bn deal with private equity firm CVC

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CVC Capital Partners will hold 10% stake and deal will value La Liga at €24.3bn

Spain’s La Liga has agreed a €2.7bn (£2.3bn) deal with CVC that could see private equity involved in the running of a large European football league for the first time.

La Liga, which manages the top two divisions of Spanish football, said on Wednesday it will create a new business that will take control of most of its activities, in which CVC Capital Partners will hold a 10% stake. The deal will value La Liga at €24.3bn, it said.

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