Official Statement: CVC operation
Real Madrid C.F. announces that the Madrid Provincial Court has dismissed the appeal jointly filed by Real Madrid C.F. and Athletic Club against the agreements approved by LaLiga concerning the so-called CVC operation.
Real Madrid C.F. fully respects the judicial resolution but profoundly disagrees with its conclusions and considers that the ruling does not provide a sufficient response to issues of extraordinary legal, economic, and institutional relevance for the present and future of professional football in Spain.
The resolution essentially bases its decision on considering that the compensation provided in favor of CVC constitutes a marketing expense for audiovisual rights and understanding that the operation does not affect clubs that chose not to adhere to it. Real Madrid C.F., on the contrary, maintains that the contested agreements directly impact the management model of audiovisual rights, the economic framework of LaLiga, and the legitimate rights and interests of all clubs participating in the competition.
Our club also believes that an operation intended to project its effects over decades on the economic and governance structure of Spanish professional football requires a particularly rigorous analysis of all the legal issues raised and their present and future consequences.
For all these reasons, Real Madrid C.F. announces that it will file an appeal with the Supreme Court, understanding that there are matters of evident legal interest that require a ruling from the High Court and the establishment of doctrine on essential aspects of the legal framework applicable to the management and exploitation of professional football’s audiovisual rights.
Real Madrid C.F. will continue to defend, at all applicable levels, the principles of legality, transparency, legal security, and the protection of the rights and interests of its members and all the clubs that make up Spanish professional football.
Disclaimer: Translation generated by artificial intelligence. It may contain inaccuracies.
Disclaimer: Translation generated by artificial intelligence. It may contain inaccuracies.