Sports News | Madrid Loses Lawsuit Against Spanish League over TV Rights
Get latest articles and stories on Sports at LatestLY. Real Madrid has lost its lawsuit against the Spanish league regarding television revenues, the league said Thursday.
Madrid, May 6 (AP) Real Madrid has lost its lawsuit against the Spanish league regarding television revenues, the league said Thursday.
Madrid had asked a Spanish court to make void parts of the league's rules for exploiting the centralized television rights for the competition. The club had also wanted 23 million euros ($27.7 million) in television revenues that it claimed it was due.
The league celebrated the ruling, saying that it protected the centralized sale of television rights that it says benefits all league members.
Madrid has yet to comment on the court decision.
The legal setback comes a day after Madrid lost in the Champions league semifinals to Chelsea, and in the aftermath of the failed Super League competition promoted by Madrid president Florentino Pérez. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)