Real Madrid C. F.’s Strategic Agreement With Sixth Street and Legends

Clifford Chance advised Real Madrid C. F. on the matter. Linklaters advised Sixth Street.

Real Madrid C. F. signed a strategic agreement with Sixth Street and Legends, a company specialising in stadium management and premium experiences for sports organisations and the organisation of major events, with the aim of making the stadium a benchmark for leisure and entertainment globally.

This agreement will provide Real Madrid with a contribution of approximately €360 million to be invested across any of the Club’s activities. Through this alliance, Sixth Street, an American investment firm, has acquired the right to participate in the operation of certain businesses of the new Santiago Bernabéu stadium for a period of twenty years. Legends will also contribute its experience and knowhow in the operation of large stadiums and leisure centres, making it possible to optimise the management of the Santiago Bernabéu stadium.

The multi-disciplinary team from Clifford Chance Madrid that advised Real Madrid C. F. was led by Luis Alonso (Picture), a Corporate / M&A partner, and Eduardo Garcia, a Global Financial Markets partner, with the support of Pablo Murcia, Corporate / M&A counsel, Roberto Grau, Tax counsel, Jorge Martín, Corporate / M&A senior associate, Max Thierfelder, Corporate / M&A associate and Mariana Ceballos, Global Financial Markets associate.

The Linklaters team included members from its Madrid, London and Luxembourg offices led by partners Alejandro Ortiz (Corporate) and Julian Davies (Structured Finance), senior associates Jose Buigues (Corporate) and Emma Lance (Structured Finance) and associate Pablo de Rabassa (Corporate).

Involved fees earner: Luis Alonso – Clifford Chance; Mariana Ceballos – Clifford Chance; Eduardo García – Clifford Chance; Roberto Grau – Clifford Chance; Jorge Martín – Clifford Chance; Pablo Murcia – Clifford Chance; Maximiliano Thierfelder – Clifford Chance; José Buigues – Linklaters; Julian Davies – Linklaters; Pablo de Rabassa – Linklaters; Emma Lance – Linklaters; Alejandro Ortiz – Linklaters;

Law Firms: Clifford Chance; Linklaters;

Clients: Real Madrid FC; Sixth Street Partners;

Giulia Di Palma

Author: Giulia Di Palma