Wednesday, August 4, 2021

100 million euros injection for Valencia CF

Valencia CF will get 100 million euros in the next few seasons as part of the deal between the private venture capital firm CVC and La Liga. CVC bought 10% of La Liga for about 2.7 billion euros, a lot of that money is going to go to the clubs, with 15% of that for transfers the clubs do, 15% to reduce the clubs debt and the other money will go into building infrastructure. 

This means that in the near future Valencia CF future seems a lot more secure, but the club will still need to strategically invest and make sure it competes for Champions league football again in order to be financially sustainable.