• Loading stock data...
Friday, July 19, 2024
Join us this September for Tuned In Request to Attend

La Liga Joins Proposal for Brazilian Breakaway League

  • A consortium that includes Spain’s La Liga has presented a proposal to Brazil’s elite soccer clubs.
  • The group wants to create a new league that would operate independently of the Brazilian Football Confederation.
Lucas Figueiredo-CBF/Design: John Regula

A consortium that includes Spain’s La Liga has presented a proposal to Brazil’s elite soccer clubs to create a new league that would operate independently of the Brazilian Football Confederation.

The proposal — backed by financial services firm XP and management consultancy firm Alvarez & Marsal — is an effort to provide clubs with a greater say in how Brazilian soccer is operated. 

  • The new league could start competition as early as this year or 2023.
  • Investors have pledged between $750 million and $1 billion toward the league. 

Unlike other top-flight soccer leagues across the world, Brazil’s professional clubs and national teams are controlled by the Brazilian Football Confederation

The consortium’s proposal marks an ongoing effort to provide financial stability and business development for clubs without oversight from the confederation. In July 2021, clubs in Brazil’s top-flight Campeonato Brasileiro Serie A also submitted proposals to create a breakaway league.

La Liga’s Reach

Last November, La Liga secured an eight-year broadcasting extension with Televisa in a deal reportedly worth $560 million. The same month, La Liga signed a $1.4 billion deal with ESPN for U.S broadcasting rights — the richest U.S. broadcasting deal for a European league.

Broadcasters pay roughly $115 million each year for rights to La Liga in North Africa and the Middle East, and around $100 million per year for rights in China.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The Mississippi Department of Human Services on Monday sued retired NFL quarterback Brett Favre along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people in the U.S.

Judge in Mississippi Welfare Case Boots Brett Favre’s Lead Lawyer

The judge wrote he had a ‘pattern and practice of delicate deception.’
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
April 13, 2024; Columbus, Ohio, USA; Ohio State Buckeyes wide receiver Emeka Egbuka (2) catches a pass for the scarlet team while defended by cornerback Jordan Hancock (7) of the grey team during the first half of the LifeSports Spring Game at Ohio Stadium on Saturday.

As NIL Turns Three, Collectives and Football Still Control the Industry

Collectives dominate NIL, and football makes up most of collective budgets.
Sponsored

How HOKA is Reimagining the NIL Relationship

HOKA, the renowned athletic footwear and apparel brand, is betting on a new reality with NIL.
podcast thumbnail mobile
Front Office Sports Today

‘EA Sports College Football 25’: It’s More Than a Game

0:00

Featured Today

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.
July 14, 2024

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
July 8, 2024

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’

Braves’ Bold Plans, Political Backdrop Shape All-Star Game Prep

The Braves plan a series of upgrades to Truist Park while looking to avoid dwelling on state politics.
Jun 23, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Pirates starting pitcher Paul Skenes (right) reacts as he talks with pitcher Jared Jones (left) after the seventh inning against the Tampa Bay Rays at PNC Park.
July 12, 2024

The Pirates Are Facing Political Pressure to Play Better

Pennsylvania state representatives call on the MLB club to boost its payroll.
July 17, 2024

Angel City FC Sale Official at Record $250 Million Valuation

Disney CEO Bob Iger and wife Willow Bay now control the club.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
Apr 12, 2024; Sacramento, California, USA; Phoenix Suns guard Grayson Allen (8) and guard Devin Booker (1) and guard Bradley Beal (3) and forward Royce O'Neale (00) and forward Kevin Durant (35) huddle up before the final seconds of the fourth quarter at Golden 1 Center.
July 12, 2024

The Suns Have Entered the NBA’s Uncharted, Punitive Territory

The NBA’s first $400 million team between payroll and projected luxury tax.
July 12, 2024

Oakland Minor League Baseball Team Experimenting With Fan Ownership

The Ballers say more than 1,000 people have registered interest.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
July 11, 2024

Parts of the Commanders’ Past Finding Their Way Into Harris Era

The team is developing plans to honor former logo designer next season.
Jul 1, 2024; Kansas City, Missouri, USA; United States head coach Gregg Berhalter talks with midfielder Weston McKennie (8) during the second half of a Copa America match against Uruguay at Arrowhead Stadium.
July 11, 2024

U.S. Soccer May Go Big-Game Hunting for Its Next Men’s Head Coach

Gregg Berhalter was officially fired Wednesday.