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Seasonal Income: CVC agreement


← Previous revision Revision as of 17:16, 29 November 2021
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In 2021 LaLiga contributed more than €125 million to other entities for the development of non-professional soccer and other sports. Of this amount, the RFEF received 52% (€65.6 million), the CSD 39.5% (€48.8 million) and the players’ unions 8.9% (€11.3 million). This means an increase of 13% with respect to the 19/20 season and 202% with respect to the 14/15 season.<ref>{{Cite news|last=Sabatés|first=Roger|date=2021-06-30|title=La receta económica del fútbol español para vencer a la covid|language=es|work=El País|url=https://elpais.com/deportes/2021/06/29/es_laliga/1624983453_417834.html|access-date=2021-07-20|issn=1134-6582}}</ref>
In 2021 LaLiga contributed more than €125 million to other entities for the development of non-professional soccer and other sports. Of this amount, the RFEF received 52% (€65.6 million), the CSD 39.5% (€48.8 million) and the players’ unions 8.9% (€11.3 million). This means an increase of 13% with respect to the 19/20 season and 202% with respect to the 14/15 season.<ref>{{Cite news|last=Sabatés|first=Roger|date=2021-06-30|title=La receta económica del fútbol español para vencer a la covid|language=es|work=El País|url=https://elpais.com/deportes/2021/06/29/es_laliga/1624983453_417834.html|access-date=2021-07-20|issn=1134-6582}}</ref>
=== LaLiga – CVC agreement ===
In August 2021, LaLiga agreed on the creation, together with the [[private equity]] fund [[CVC Capital Partners]], of a [[holding company]] and a joint accounts agreement, whereby the fund contributed €2.7 billion in exchange for 10.95% of the profits generated from the commercial exploitation of the different LaLiga products, to be repaid by the clubs over 50 years. The project was called LaLiga Impulse.
LaLiga Impulse was unanimously approved by the clubs at the Delegate Commission of 4 August, 2021 and approved at the General Assembly by a majority of 39 clubs (out of 42 in total) on 12 August. At this assembly, [[Real Madrid CF]], [[FC Barcelona]], [[Athletic Bilbao]] and [[Real Oviedo]] voted against, although the Asturian club finally decided to sign up to the agreement days later to guarantee its sporting project.<ref>{{Cite web|date=2021-08-29|title=El Real Oviedo acepta el dinero del fondo CVC|url=https://www.elcomercio.es/real-oviedo/real-oviedo-acepta-fondo-cvc-liga-impulsa-20210829120921-nt.html|access-date=2021-11-29|website=El Comercio|language=es}}</ref>
The agreement between CVC and LaLiga foresees the possibility of any club opting out or joining at a later date, where the sums corresponding to these clubs are subtracted from the initial amount. Following the decision by the aforementioned clubs not to form part of it, the final amount was set at around €2.1 billion in exchange for a percentage of almost 10.95% of the commercial profits. As for the use made of the funds by the clubs, 70% must be destined to infrastructure, 15% to settling debt, and the remaining 15% for increasing the wage limit for players in the first three years.<ref>{{Cite web|last=Moñino|first=Ladislao J.|date=2021-08-12|title=Los clubes aprueban el pacto entre LaLiga y CVC, del que se descuelgan Real Madrid, Barcelona y Athletic|url=https://elpais.com/deportes/2021-08-12/los-clubes-aprueban-el-pacto-entre-laliga-y-cvc-del-que-se-descuelgan-real-madrid-y-barcelona.html|access-date=2021-11-29|website=El País|language=es}}</ref>
== Technological resources ==
== Technological resources ==
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=== Audiovisual production ===
=== Audiovisual production ===
The biggest games in each round of fixtures are recorded using a 4k High Dynamic Range (HDR) system with 20 HDR cameras, whilst for special fixtures (El Clasico or finals) 30 cameras are employed.<ref>{{Cite web|last=Financiera|first=La Jugada|date=2020-03-01|title=La tecnología, al servicio de El Clásico que verán 650 millones de espectadores de 182 países|url=http://lajugadafinanciera.com/tecnologia-el-clasico-20/|access-date=2020-07-14|website=La Jugada Financiera|language=es-ES}}</ref> Since the 2017/18 season, all of the LaLiga stadiums have been equipped with a tactical camera that automatically follows the play and produces a live tactical overview that is made available to the teams’ analysts.<ref>{{Cite web|date=2017-03-02|title=Cámaras especiales de análisis táctico para los clubes|url=https://www.abc.es/deportes/futbol/abci-camaras-especiales-analisis-tactico-para-clubes-201703021600_noticia.html|access-date=2020-07-14|website=abc|language=es}}</ref> In addition, the stadiums also boast an aerial camera that is positioned 21 metres above the pitch,<ref>{{Cite web|title=Os mostramos todos los detalles de la Skycam de LaLiga Santander.|url=https://www.marcadores.com/noticias/skycam-laliga-santander-en-360-grados-2881.html|access-date=2020-07-14|website=www.marcadores.com}}</ref> and 38 ultra-high definition cameras are located around the stadiums to generate 360º volumetric video clips and provide replays of each move from every angle. In addition, Replay 360 technology is also used to generate virtual graphics during live broadcasts.<ref>{{Cite web|last=López|first=Miguel|date=2016-12-02|title=Así funciona el sistema de cámaras que nos permitirá ver las jugadas del próximo Barça-Madrid a 360 grados|url=https://www.xataka.com/fotografia-y-video/asi-funciona-el-sistema-de-camaras-que-nos-permitira-ver-las-jugadas-del-proximo-barca-madrid-a-360-grados|access-date=2020-07-14|website=Xataka|language=es}}</ref>
The biggest games in each round of fixtures are recorded using a 4k High Dynamic Range (HDR) system with 20 HDR cameras, whilst for special fixtures (El Clasico or finals) 30 cameras are employed.<ref>{{Cite web|last=Financiera|first=La Jugada|date=2020-03-01|title=La tecnología, al servicio de El Clásico que verán 650 millones de espectadores de 182 países|url=http://lajugadafinanciera.com/tecnologia-el-clasico-20/|access-date=2020-07-14|website=La Jugada Financiera|language=es-ES}}</ref> Since the 2017/18 season, all of the LaLiga stadiums have been equipped with a tactical camera that automatically follows the play and produces a live tactical overview that is made available to the teams’ analysts.<ref>{{Cite web|date=2017-03-02|title=Cámaras especiales de análisis táctico para los clubes|url=https://www.abc.es/deportes/futbol/abci-camaras-especiales-analisis-tactico-para-clubes-201703021600_noticia.html|access-date=2020-07-14|website=abc|language=es}}</ref> In addition, the stadiums also boast an aerial camera that is positioned 21 metres above the pitch,<ref>{{Cite web|title=Os mostramos todos los detalles de la Skycam de LaLiga Santander.|url=https://www.marcadores.com/noticias/skycam-laliga-santander-en-360-grados-2881.html|access-date=2020-07-14|website=www.marcadores.com}}</ref> and 38 ultra-high definition cameras are located around the stadiums to generate 360º volumetric video clips and provide replays of each move from every angle. In addition, Replay 360 technology is also used to generate virtual graphics during live broadcasts.<ref>{{Cite web|last=López|first=Miguel|date=2016-12-02|title=Así funciona el sistema de cámaras que nos permitirá ver las jugadas del próximo Barça-Madrid a 360 grados|url=https://www.xataka.com/fotografia-y-video/asi-funciona-el-sistema-de-camaras-que-nos-permitira-ver-las-jugadas-del-proximo-barca-madrid-a-360-grados|access-date=2020-07-14|website=Xataka|language=es}}</ref>