Athletic Club

Athletic Club

8th La Liga | 4-3-8
  • Goals For
    15th
    13 GF
  • Assists
    11th
    9 A
  • Shots
    9th
    130 Shots
  • Saves
    12th
    36 SAV
  • Reuters

    Soccer-Real Madrid, Barcelona propose alternative to CVC investment in LaLiga

    MADRID (Reuters) -Top Spanish football clubs Real Madrid and Barcelona have proposed a 2 billion euro ($2.26 billion) bank credit to finance the country's top soccer league in a bid to derail an approved cash injection offered by private equity fund CVC. The CVC deal is due to receive final approval on Dec. 10 and was approved by 38 of the 42 clubs comprising LaLiga in a first round. The alternative proposal from Spain's two largest clubs together with smaller Athletic Bilbao would see JPMorgan, Bank of America and HSBC jointly lend 2 billion euros in exchange for an fixed annual payment of 115 million euros for 25 years, a document seen by Reuters showed, confirming a report by the Financial Times.