"We are the first but won't be the only one,” Spanish soccer league executive director Oscar Mayo told Reuters in an interview.Speaking ahead of Tuesday’s launch of the partnership, the first of its kind in soccer with a private equity fund, Mayo added:"France is in the verge of doing so and already have the support of their government, Portugal and Italy are also close. It won't take long to see similar deals being signed.
"The industry have matured enough now to have the credibility to do this type of partnership," Mayo said. LaLiga expects the total value of its business to increase from 24.2 to 33-35 billion euros in between seven to 10 years, and it will also help the clubs to invest their share of the money the right way.