Real Madrid have announced legal action against LaLiga president Javier Tebas and CVC Capital Partners.
LaLiga last week secured a €2.7billion deal with CVC to boost Spanish clubs amid the coronavirus pandemic, with 90 per cent of the investment earmarked for their use.
However, CVC will have a 10 per cent stake in a new business, which is being formed with a focus on the league's commercial ventures.
It insisted the agreement does not cover league management or broadcast rights, but Madrid and rivals Barcelona both announced their opposition to the deal, claiming audiovisual rights would be affected and they had not been properly consulted.
Madrid are now going a step further, with a rumoured legal challenge confirmed in a club statement.
"The board of directors of Real Madrid, meeting today at 11:00 am, has unanimously agreed to carry out both civil and criminal legal actions against the president of LaLiga, Mr Javier Tebas Medrano, against Mr Javier de Jaime Guijarro, responsible for the CVC fund, and against the CVC Capital Partners fund itself," it said.
"Likewise, the board of directors has also decided to carry out the legal actions of all kinds that are understood to be appropriate to cancel and cancel the possible agreements adopted by the assembly of LaLiga, to be held on August 12, 2021, regarding the agreement between LaLiga and the CVC
fund."
Tebas was quick to respond on Twitter, taking aim at Madrid president Florentino Perez.
"The threatening methods that FP [Perez] has been using in private for years is now being transferred to the public," he wrote.
"Clubs and institutions have been supporting their threats for years.
"Since 2015 against the centralised sale, the constant challenges of agreements, the Super League…
"Real Madrid deserves more."
Playing behind closed doors last season, Madrid have been heavily impacted by the pandemic but have worked to limit the damage.
In their accounts last month, Madrid revealed they lost "close to €300million" in revenue, although Los Blancos reported a post-tax profit of €874,000 for 2020-21.
With "intense spending saving measures in all areas", Madrid did not make a single signing last term while moving a number of high earners off their books.
This year, they recruited David Alaba on a free transfer but saw Sergio Ramos depart and have agreed a deal to sell Raphael Varane to Manchester United.
Madrid and Barca have also continued to pursue a lucrative European Super League, as two of only three clubs – along with Juventus – still committed to the project that collapsed earlier this year.
Barcelona 4-2 Valencia: Lewandowski hat-trick leads Barca to 4-2 win over 10-man Valencia
Barcelona striker Robert Lewandowski scored a second-half hat-trick to help his side fight back to claim a hard-fought 4-2 win over Valencia, who were leading 2-1 when they were reduced to 10 men just before the break.
Fermin Lopez's header from a Raphinha cross put Barca in front after 22 minutes, but Valencia's Hugo Duro struck in the 27th and Pepelu scored from the spot after a foul by Ronald Araujo 11 minutes later to give the visitors the lead.
But after Valencia keeper Giorgi Mamardashvili saw red for a handball outside the box before the break, Xavi's side dominated and Lewandowski scored with two headers from corners in the 49th and 82nd minutes before getting his treble with a free-kick in added time.
The win postponed Real Madrid's almost inevitable LaLiga title celebrations for a couple of weeks as Carlo Ancelotti's side sit atop the standings on 84 points.
Barcelona moved back to second in LaLiga on Monday with 73 points as they leapfrogged surprise package Girona, who are third with 71. Those two teams will meet in a Catalonia derby on Saturday.
Data debrief
Barcelona conceded two goals in the first half of a home game for the second time this season, after also doing so against Girona in LaLiga in December 2023.
However, Lewandowski's goals have been invaluable to La Blaugrana this season as he's earned 17 points with his 16 goals in the league.
Kimmich ready to open Bayern Munich talks amid Barcelona speculation
Joshua Kimmich is ready to open talks with Bayern Munich over his future at the club amid speculation linking him with Barcelona.
The Germany international has spent nine years at the Allianz Arena, but he is due to become a free agent at the end of the 2024-25 campaign.
Barca have been repeatedly linked with Kimmich in recent transfer windows and are said to retain an interest ahead of next season.
Speaking to Spanish outlet AS, the midfielder talked up Barca - as well as fierce rivals Real Madrid - but fell short of saying he is open to a move.
"I want to talk to Bayern. When I do that, I won't go out and talk to the press about it," he said.
"I'm not thinking about this. I will speak to Bayern first. But of course, Barcelona and Real Madrid are amazing clubs with an amazing history."
Kimmich has played 37 times in all competitions this season for Bayern, whose last remaining hope of silverware is in the Champions League.
Bayern will face Real Madrid over two legs for a place in the final, with the first match in that double-header taking place in Bavaria on Tuesday.
Thomas Tuchel will depart the dethroned Bundesliga champions at the end of the season, with Ralf Rangnick the favourite to succeed him.
The managerial uncertainty is not helping with regards to the Kimmich rumours, but he insists that will not be a deciding factor on his future.
"It's not the most important thing right now," he said. "I know that when you sign a contract you don't sign it with the coach.
"You sign it with the club. For me, the most important thing is the club, not just the coach.
"But it's also important to know what the coach thinks about you and the team. Other people in the club can worry about choosing the coach."
Desailly calls on LaLiga to do more to protect Vinicius Junior
Marcel Desailly has called on LaLiga to do more to protect Real Madrid forward Vinicius Junior and other players who have been targeted by racist abuse.
Vinicius broke down at a press conference earlier this month as he opened up about the abuse he has received from the stands while representing Madrid.
The Brazil international is not alone in that regard, with team-mate Aurelien Tchouameni another example, and World Cup winner Desailly wants more to be done.
"Vinicius has spoken out, but it's not about him - it's about LaLiga and the people who can take action," he told Stats Perform.
"We have the power to change things, but we are not doing enough. Samuel Eto'o had the same issue before.
"Vinicius is one of those who is suffering because the administrative people in charge are not willing to hit harder than they are."
Vinicius has been a key player for LaLiga champions-elect Madrid once again this season with 13 goals and five assists in 23 outings.
Desailly regards Vinicius, who scored the winning goal in the 2022 Champions League final, as one of the finest players of his generation.
"He's a very ambitious player," Desailly said. "I think he's improved a lot because he is now clinical in assisting and finishing.
"When you look at someone like Ousmane Dembele, his stats are not as good.
"Then you look at Jadon Sancho, Bukayo Saka, another who has improved - there is potential for each of those to get close to Vinicius."
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