LaLiga Boost and CVC investment create 50,000 jobs

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News Team

The investment fund CVC Capital Partners in Spain is set to have a significant economic impact, not only for LaLiga clubs, but for the country as a whole. The fund will provide 1,994 million euros to be used for infrastructure, reducing debt, and staff expenses. According to a report by KPMG, this investment will generate nearly 50,000 jobs, with 18,862 new jobs directly, 22,136 indirectly, and 8,716 induced jobs.

The total impact on the country’s economy is expected to reach 0.48 percent of the Gross Domestic Product (GDP), totaling 6,291 million euros. This includes 2,729.8 million of direct effect, 2,647.6 million of indirect effect, and 913.9 million of induced effect. Additionally, the investments will provide a contribution of 1,274 million euros to the State coffers, with almost 500 million coming through Personal Income Tax and Social Security, 457 million through VAT, and 318 million through Corporate Tax.

Javier Tebas, president of LaLiga, has emphasized that this plan will accelerate actions and achieve results in four or five years that would have previously taken 20 years. The plan aims to attract additional funds and has a multiplier effect on the football industry. LaLiga clubs have already received 1,028 million euros of the total agreed amount with CVC and have begun using them to improve their infrastructure.

In order to receive part of the funds, LaLiga Impulso has set clear rules: 70 percent of the expenses must be allocated to investments for growth, 15 percent to pay off debt, and the remaining 15 percent for the squad. This investment will reinforce the three key financial parts of a football club and generate wealth in the short and long term.

The renewal of infrastructure will become tangible assets for the future and will impact the rest of society. The agreement between the CVC investment fund and LaLiga will reinforce employment, which has been a historic issue in Spain. The investment is expected to have a positive long-term effect on the country’s economy and job market.

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