LaLiga North America, A 15-Year, 50/50 Joint Venture, To Be Exclusive Representative of LaLiga With Broad Ambitions, Including Bringing a LaLiga Santander Competition Match to the U.S.
NEW YORK and MADRID, Aug. 16, 2018 /PRNewswire/ -- LaLiga, Spain's top-flight soccer competition, and Relevent, a multinational media, sports and entertainment group, today announced a first-of-a-kind 15-year, equal joint venture to promote soccer in the U.S. and Canada. As part of the agreement, LaLiga plans to bring a regular season club match to the United States, the first to be played outside of Europe.
Called LaLiga North America, the newly founded organization will work to cultivate soccer culture in the U.S. and Canada using the unequalled assets of LaLiga, the world's best soccer league featuring internationally recognized clubs and players. Moreover, North America will be exposed to the unparalleled Spanish soccer culture, renowned for its passion, drama, history, flair and creativity.
The agreement marks an inflection point for soccer -- the world's most popular sport in numbers of participants and spectators -- in the U.S. and Canada. The announcement comes on the back of a successful 2018 FIFA World Cup, which featured players from every club in the Spanish first division, and in anticipation of the 2026 FIFA World Cup that will be hosted in North America.
LaLiga North America has the exclusive representation of LaLiga in the US and Canada for all business and development activities. The operation will support the league's growth in the U.S. and Canada through consumer related activities including youth academies, development of youth soccer coaches, marketing agreements, consumer activations, exhibition matches and plans to have an official LaLiga Santander match played in the U.S.
"This extraordinary joint venture is the next giant leap in growing soccer's popularity in North America," said Stephen Ross, chairman and owner of Relevent. "This unique relationship will create new opportunities for millions of North American soccer fans to experience the most passionate, exciting, and highest level of soccer in the world."
LaLiga President Javier Tebas added: "We're devoted to growing the passion for soccer around the world. This ground-breaking agreement is certain to give a major impulse to the popularity of the beautiful game in the U.S. and Canada. Relevent has filled stadiums across the U.S. with the International Champions Cup, we're thrilled to partner with them on a joint mission to grow soccer in North America."
Based in New York, LaLiga North America is led by Chief Executive Officer Boris Gartner, a seasoned media executive with experience in the US Hispanic and Latin American markets, formerly head of strategy and operations at Televisa in Mexico with prior executive roles at Univision in the US. The venture will have a dedicated team focused on growing the LaLiga brand and creating new business opportunities. Gartner's team will include Vice President of Business Development at LaLiga North America, Nicolás García Hemme, who previously worked in international development at LaLiga in Madrid.
Beyond growing the sport in the U.S. and Canadian market, LaLiga North America will also increase growth and opportunity for LaLiga and its clubs in the market.
"This partnership demonstrates LaLiga's vision and foresight to be the top soccer league in the world," said Relevent CEO Danny Sillman who negotiated the deal directly with LaLiga. "Combining LaLiga's long tradition of excellence and unparalleled international reputation with Relevent's expertise in this market will accelerate the growth and popularity of soccer in North America and LaLiga's global brand."
"Joining with Relevent to create LaLiga North America is a major milestone in our international expansion strategy," said LaLiga International Development Director Oscar Mayo who led the deal on behalf of LaLiga. "This agreement ensures not only a bright future for soccer in North America, but also for LaLiga and our clubs."
LaLiga North America's board of directors will include: Stephen Ross, chairman and co-founder of RSE Ventures, parent company of Relevent; Daniel Sillman, CEO of Relevent; Boris Gartner, CEO of LaLiga North America; Javier Tebas, president of LaLiga; and Oscar Mayo, LaLiga's director of international development
Advising on the agreement were O'Melveny & Myers LLP in New York led by Irwin Raij and J&A GARRIGUES, S.L.P., in Madrid for LaLiga. Relevent was advised by Stefan dePozsgay of Paul Hastings.
CONTACT US FOR MORE INFORMATION:
LaLiga: Communications Department: email@example.com / T +34 912 055 000 / M +34 616 035 335